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Old 30 June 2019, 09:10 PM   #1
John DSSD
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Would you buy a watch that is from Venezuela?

My mum saw a blue dial DJ116264 "triple red or thunderbird" on jubilee. It was bought new from Venezuela in 2011. The question is, would you buy one if it's from South America countries? I personally wouldn't and I like my watches from UK , USA or Hong Kong.
If she bought it, would it affect resale value say in 10-20 years time?
Thanks
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Old 30 June 2019, 09:14 PM   #2
LandWatch
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Yes, I would be quite happy, assuming it was real. What’s wrong with South America on the papers? Would be entertaining to have Hugo Chavez’s name on the warranty card!
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Old 30 June 2019, 09:26 PM   #3
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I would.
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Old 30 June 2019, 09:26 PM   #4
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Why not? They're all made in the same place...
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Old 30 June 2019, 09:31 PM   #5
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Quote:
Originally Posted by John DSSD View Post
My mum saw a blue dial DJ116264 "triple red or thunderbird" on jubilee. It was bought new from Venezuela in 2011. The question is, would you buy one if it's from South America countries? I personally wouldn't and I like my watches from UK , USA or Hong Kong.
If she bought it, would it affect resale value say in 10-20 years time?
Thanks
It ain't a problem, i assume it is a real Rolex ?
No reason to avoid
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Old 30 June 2019, 10:02 PM   #6
uncleluck
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I have done (not Rolex) as there’s a boom of watches on eBay coming from these countries it seems. Only trouble is an empty packet turned up! I honestly don’t think it was the seller though as it was stolen by DHL (cut open and taped up with their own DHL tape). Sadly the seller sent it with no insurance so he could ship it cheaply.
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Old 30 June 2019, 10:02 PM   #7
John DSSD
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Thanks for reply. The DJ is real and its sold by reputable grey. She's worried when she comes to sell it later and buyer sees it's from South America and they will be put off by it or try knock her price down even more as it's not from desired countries.
Could someone find out how much the retail price was before it got discontinued please.
Thanks
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Old 30 June 2019, 10:04 PM   #8
John DSSD
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I have done (not Rolex) as there’s a boom of watches on eBay coming from these countries it seems. Only trouble is an empty packet turned up! I honestly don’t think it was the seller though as it was stolen by DHL (cut open and taped up with their own DHL tape). Sadly the seller sent it with no insurance so he could ship it cheaply.
Not from eBay. It's from grey on high street shop
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Old 30 June 2019, 10:12 PM   #9
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While I prefer a US dealer, I would take it from any country. A good deal is a good deal.
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Old 30 June 2019, 10:29 PM   #10
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[QUOTE=John DSSD;9768680 I personally wouldn't and I like my watches from UK , USA or Hong Kong.
[/QUOTE]

I like the Rolex made in Switzerland .
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Old 30 June 2019, 10:29 PM   #11
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If the watch is real and from a good dealer that will stand behind it I would not hesitate.
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Old 30 June 2019, 10:31 PM   #12
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I wouldn’t have a problem. Same watch as anywhere just happened to get shipped to Venezuela.
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Old 30 June 2019, 10:57 PM   #13
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They all come from the same factory, totally irrelevant which AD sold it
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Old 30 June 2019, 11:07 PM   #14
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Quote:
Originally Posted by John DSSD View Post
My mum saw a blue dial DJ116264 "triple red or thunderbird" on jubilee. It was bought new from Venezuela in 2011. The question is, would you buy one if it's from South America countries? I personally wouldn't and I like my watches from UK , USA or Hong Kong.
If she bought it, would it affect resale value say in 10-20 years time?
Thanks
Since they are all from Switzerland, I am not sure what you are talking about
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Old 1 July 2019, 12:58 AM   #15
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Country of sale makes no difference to value. When trying to sell a Rolex, some weird potential buyers try their luck saying ‘Oh, it’s not a UK watch...’ but they are just chancers. You’ll have no trouble getting the market price when it comes time to sell.
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Old 1 July 2019, 01:03 AM   #16
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If it is genuine Rolex , doesnt matter for me where it is from ...
Ofcourse i will buy it .
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Old 1 July 2019, 01:08 AM   #17
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There was a lot of money in Venezuela until a few years ago. Serious money with very rich people who were associated with the oils trade. It’s therefore not unusual for watches to be sold in that market, despite the recent economic woes of the nation.
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Old 1 July 2019, 01:15 AM   #18
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I like the Rolex made in Switzerland .
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Old 1 July 2019, 01:20 AM   #19
CharlesN
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I would happily buy a watch from Venezuela.

The origin of manufacture is the same. The original AD makes little or no difference at all.

If it’s a watch you want buy it. Only thing to do is make sure it is genuine but that goes for buying anywhere
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Old 1 July 2019, 01:25 AM   #20
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I’ll just pretend I don’t know that it was probably used to buy jerky made from zoo animals or confiscated by a ranking member of dear leader’s totally benevolent security forces because wealth is the property of everyone, and by everyone I mean the government.
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Old 1 July 2019, 01:30 AM   #21
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I’d think twice. Rolex’s purchased in countries starting with J typically command 5.8% premium at resale. Countries starting with X are the worst. Never in the history of the has anyone been able to sell a Rolex secondhand purchased from a country starting with X.
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Old 1 July 2019, 01:30 AM   #22
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Quote:
Originally Posted by John DSSD View Post
My mum saw a blue dial DJ116264 "triple red or thunderbird" on jubilee. It was bought new from Venezuela in 2011. The question is, would you buy one if it's from South America countries? I personally wouldn't and I like my watches from UK , USA or Hong Kong.
If she bought it, would it affect resale value say in 10-20 years time?
Thanks
As long as its genuine what difference does it make what country it was bought in.They are all made in one place Switzerland and shipped around the world for sale.And it would not effect the price no matter where it was bought, plus its doubtful if any DJ would be classed as being collectable.
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Old 1 July 2019, 01:32 AM   #23
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I prefer USA or Europe provenance, but if the watch is real and the price is right, I'm ok from anywhere in the world. Like many have stated, they all come from the same factory in Switzerland.
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Old 1 July 2019, 02:17 AM   #24
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I would and did-although via a trusted seller here on TRF(JustRolexes-excellent).

Interestingly, the paper(below) for this watch, a Z serial 16710, only notes the country code, the metal composition, but no bracelet or bezel designation and also seems to be an "open paper"-no owner listed(this photo included my driver's license for insurance purposes).

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Old 1 July 2019, 02:29 AM   #25
RolexFan007
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Quote:
Originally Posted by John DSSD View Post
My mum saw a blue dial DJ116264 "triple red or thunderbird" on jubilee. It was bought new from Venezuela in 2011. The question is, would you buy one if it's from South America countries? I personally wouldn't and I like my watches from UK , USA or Hong Kong.
If she bought it, would it affect resale value say in 10-20 years time?
Thanks
As long as the watch is real... I would buy it...

I will not be BIASED against any country on the card for that matter...

This must be an ugly joke...

Last edited by RolexFan007; 1 July 2019 at 02:31 AM.. Reason: Respect all countries
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Old 1 July 2019, 02:36 AM   #26
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I actually prefer to get watches with my country code and I live in Southeast Asia. No premium in my book for US, UK, HK or any other country.
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Old 1 July 2019, 03:35 AM   #27
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Quote:
Originally Posted by John DSSD View Post
My mum saw a blue dial DJ116264 "triple red or thunderbird" on jubilee. It was bought new from Venezuela in 2011. The question is, would you buy one if it's from South America countries? I personally wouldn't and I like my watches from UK , USA or Hong Kong.
If she bought it, would it affect resale value say in 10-20 years time?
Thanks

Why not? It's one Rolex just like another and I don't like those prejudices. In Venezuela there are good and honest people, just as in the United Kingdom there are good and honest people and others not so good.
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Old 1 July 2019, 03:42 AM   #28
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Would u buy if u find che Guevara name on a bat man gmt warranty card?
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Old 1 July 2019, 03:59 AM   #29
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If a Rolex is still under warranty and needs work, the RSCs in the U.S. ask for a sales receipt if the watch was purchased outside the country. I ran into this issue several years ago at the NYC RSC.

It's a silly, unfair policy, of course, but that's the only time that the country of the AD would be relevant to me.
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Old 1 July 2019, 05:37 AM   #30
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If it is real and sold by a reputable seller, why should you care about initial sale country. Only one I would think about is US one, provided it still had warranty, as in all other countries warranty is provided by Rolex SA themselves, whereas US watches have warranty provided by Rolex USA and even though I haven't heard of anyone having issues repairing a Rolex watch initially sold in USA in other countries, there are precedents of a vice versa issues happening in USA, so that would enter my consideration. Or if I lived in USA, I would consider whether it had a US warranty card. Apart from that, since you live in UK, it doesn't matter. Buy Venezuelan market watches, German market watches, Chinese market watches, whatever.
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