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28 October 2018, 12:18 AM | #61 |
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I think they made a movie that explains the shortage recently. Lol
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28 October 2018, 12:28 AM | #62 | |
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There a people behind the scenes in the grey market that many have never heard of and it will stay that way as they will absolutely never deal with the general public. They don't have websites or the such...what they do get is a great supply of watches from loose AD's and those get to the grey market in abundance. From the AD perspective it is much easier and profitable to sell the watches out the door in bundles to the brokers or greys themselves. I know this is an ego busting statement, but there are some AD who don't like customers. Yes, that's right. They consider the general public to be a hassle and a huge PITA, so if there is a "guy" who will buy xxx watches on essentially a cash basis and over retail for some references, (jewelers extend wholesale credit lines or run through IWJG), thus avoiding credit card fees or consumer financing buy downs, for what will be a seamless transaction, then some AD choose that path. |
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28 October 2018, 12:48 AM | #63 | |
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Had my ceramic Daytona 3 months now but can’t read the dial,shall I sell it? Or The jubilee bracelet it’s not as comfortable as I thought,shall I sell it? Or The red and blue aren’t what I thought they would be? Ok.....so I’m just jealous and bitter that my GMT hasn’t materialised yet from my AD and having just read this thread it doesn’t seem as though I’ll ever get it |
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28 October 2018, 01:27 AM | #64 | |
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IMO that should make you feel better as those people probably all got the watch at retail from an AD. Reading many comments though there is a perception none of these watches go to customers and are all pushed out the back door which is ridiculous. I am not flipping my watches, i was speaking hypothetically BTW
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Instagram: tyler.watches current collection: Patek 5164A, Patek 5524G, Rolex Platinum Daytona 116506, Rolex Sea Dweller 43 126600, Rolex GMT II 116710LN, AP 15400ST (silver), Panerai 913, Omega Speedmaster moonwatch, Tudor Black Bay (Harrods Edition) |
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28 October 2018, 01:31 AM | #65 | |
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I divide the stock secondary dealers have into two categories: 1. Individual flippers looking to make a buck and sell their watch to them. Lots of those types 2. People who are a dealer or who are affiliated with a secondary dealer. They get the hot watches because they buy up so much AD stock since everyone wants bigger discounts on non hot models and that is their reward for helping the AD out of a jam.... that is OUR fault for buying secondary market at bigger discounts only available because someone is buying in bulk. Not the AD' fault. Either way, its not the AD's fault for individual flippers who flip their one watch they happen to get from an AD to a dealer and not their fault for the grey dealer who gets some hot watches for buying stock in bulk that regular customers wont buy without a bulk discount and will never get for one watch. If people would just buy watches without big discounts it would be unnecessary to unload them in bulk in the first place. People fail to make the connection that discounts are why the secondary dealers have gotten so big and now also have a lot of hot watches too.
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Instagram: tyler.watches current collection: Patek 5164A, Patek 5524G, Rolex Platinum Daytona 116506, Rolex Sea Dweller 43 126600, Rolex GMT II 116710LN, AP 15400ST (silver), Panerai 913, Omega Speedmaster moonwatch, Tudor Black Bay (Harrods Edition) |
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29 October 2018, 03:33 AM | #66 | |
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29 October 2018, 05:11 AM | #67 |
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17 November 2018, 10:11 PM | #68 |
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Agree 100%. I think The AD’s are partly responsible for this, but Rolex is also responsible for the thriving gray by forcing too many undesirable references to the AD’s. And sharing the responsibility for this shortage are flippers like some of you in this forum.
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17 November 2018, 10:48 PM | #69 |
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There is not shortage
There is definitely no a shortage of SS Rolex models.
The issue is simply, great dealers appear to AD like great customers as they purchase several watches every year, so actually these are the so called “VIP customers”. Shortage is when there is no enough inventory but actually there is, even to catch up with demand. I have seen Grey dealers in Asia with their windows full Daytona’s (both dial) BLRO, BLNR, LV, Sky Dwellers... Actually I saw a dealer in Germany (Stuttgart area) with 15* BLNR in the shop. There is definitely not shortage!!! |
17 November 2018, 11:44 PM | #70 | |
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I like this guy’s theory for the shortage of SS
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This is more true that one may know. If you are an AD and you can sell every hot model out the back door for msrp or over. Never have to give anyone the “free financing” or hear them bitch every time “the date changes at 12:02, not right at midnight” or “the secondhand seems to jump” or whatever other hairbrained things people come up with, why wouldn’t you? And you keep your inventory moving so rolex keeps feeding the beast. And when a good customer comes in that you want to work with you can get a piece within a week or two? That isn’t by chance. Sent from my iPhone using Tapatalk Pro |
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18 November 2018, 12:13 AM | #71 |
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Good theory but it really depends on your relationship with your AD. The two guys at my AD know me, my collection and that I am a customer for life. Whenever they can they always help me out.
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20 November 2018, 06:56 AM | #72 |
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Hi All, just to confirm this post , a friend of mine is a Rolex Watchmaker , and told me last week the exact same thing about Rolex movements change , explaining the actual Shortage for SS Sports Models.
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20 November 2018, 09:46 AM | #73 | |
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The general perception seems that AD should be honored to cater to our every whim and that they couldn't possibly be bothered enough by customer neurosis, entitlement syndrome or other nasty personality traits to skip all that and sell to the grey market or only their selected whales? Yep. There are some AD's who couldn't care less about your business. They just can't be bothered and set up their own pipeline that makes them more money, with less hassle. Not all AD's are like this for sure, but there is a significant number who are... |
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20 November 2018, 09:53 AM | #74 | |
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As long as the dirty ADs are in the majority, we will we a shortage. When Rolex tracks a watch back, the AD is in some deep smelly stuff... Just look at the parts for sale on EBay etc. They all suddenly have the codes blacked out. Do you think that’s coincidental? I think it’s because ADs selling parts out the back door got a wake up call as well... |
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20 November 2018, 10:01 AM | #75 | |
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I do foresee a significant reduction in the number of ADs globally. I think they may end up going the “boutique “ route, so the distribution is fully under Rolex control as well. This shift won’t happen over night (although they could if inclined) but I suspect it will happen over five or so years. The best, most upstanding ADs May get converted (or bought out) and the rest closed down as they build their boutiques. |
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20 November 2018, 10:17 AM | #76 | |
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I don’t know, but I THINK I have enough popcorn to see this to the end. The down side for me is that I don’t foresee myself buying a new Rolex from an AD for perhaps as much as the next decade. I’m probably not alone in that. Now if I’m a first generation Rolex owner (and I am, but all vintage stuff- digression) and I can’t buy one new, how do you think that will impact future sales? They are not going out of business any time soon, but they might have a drop in sales/demand because our kids, who didn’t see mom and dad with the brand, will not be connected to the brand. I know that’s far long game vision for a forum focused on “which brand new model will appreciate the fastest “ etc... But for brand awareness, which is what Rolex is all about, it’s a blow. Sorry to ruin your Monday with deep thought on wristwatches for crying out loud. In the grand scheme, not much could matter less. Maybe we should end a war or feed some starving kids. Let the scheming ADs starve instead. |
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20 November 2018, 10:24 AM | #77 | |
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20 November 2018, 01:02 PM | #78 |
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I reckon their factories are running at capacity and say thats 1m a year production but demand has increased dramatically the past couple of years but they havent doubled the number of factories ...
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20 November 2018, 02:53 PM | #79 |
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The new SS BLRO is already using the new movement so this doesn't explain it IMO. Sorry I doubt that's reason
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12 December 2018, 03:07 PM | #80 | |
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