ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
6 January 2020, 01:49 AM | #31 |
"TRF" Member
Join Date: Dec 2015
Location: Canada
Watch: Enthusiast
Posts: 1,606
|
Definitely price - as was mentioned above, if the differential were nominal, most would certainly value the more exclusiveness and the weight comes with a precious metal option. Yes, some prefer lighter, but more often people talk about the heft of gold/platinum in a positive light.
A secondary consideration in today's world is that many are taken by the notion of resale values being a significant premium over MSRP for stainless steel sport references relative to their precious metal counterparts, which is part of the hype-factor. |
6 January 2020, 01:49 AM | #32 |
2024 SubLV41 Pledge Member
Join Date: Aug 2012
Real Name: Mike
Location: New York
Watch: Rolex
Posts: 22,580
|
X2, I have to agree.
__________________
Oh, look at the time... Official Member: 'WIS-CON' Las Vegas International GTG 2019 |
6 January 2020, 01:53 AM | #33 |
"TRF" Member
Join Date: Jan 2009
Location: Dallas
Watch: 12800ft = 3900m
Posts: 11,173
|
Why are Toyota Rav4s more popular than Lamborghini Urus.
Why are Honda Accords more popular than 911 GT3s. It's not that complicated man, it's price. Stainless steel isn't more popular, it's just cheaper, ie more affordable by more people, and as such more people will chose to buy that. |
6 January 2020, 02:31 AM | #34 |
"TRF" Member
Join Date: Dec 2019
Location: Boston
Posts: 1,335
|
The lower price point makes it accessible to a much wider audience of consumers, so, more potential buyers, more demand. Combine that with style trends favoring the looks of the Daytonas, Subs and GMTS.
As the prices rise in the aftermarket, that may or may not change the equation. |
6 January 2020, 02:36 AM | #35 |
"TRF" Member
Join Date: Nov 2016
Location: DC
Watch: Rolex BLNR126720
Posts: 340
|
I think it has to do with price, value (the markup is much higher), and durability (SS is much stronger than gold - platinum is another story however).
Sent from my iPhone using Tapatalk |
6 January 2020, 02:50 AM | #36 |
"TRF" Member
Join Date: Oct 2015
Location: Fort Lauderdale
Watch: YM everose 40
Posts: 21
|
SS is more suitable to everyday usage cause SS is strong material then any other PM I suppose. But ofcourse impossible to ignore price factor as well
|
6 January 2020, 02:51 AM | #37 |
"TRF" Member
Join Date: Jun 2015
Real Name: Mark
Location: New York
Watch: 16570, 14060M
Posts: 379
|
Cost is the biggest reason, yes, but gold is also impractical. It also doesn't make sense on a sports watch.
|
6 January 2020, 03:12 AM | #38 |
"TRF" Member
Join Date: Aug 2019
Location: USA
Posts: 647
|
Price as well as cultural!
|
6 January 2020, 03:15 AM | #39 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Aug 2012
Real Name: Lee
Location: 42.48.45N70.48.48
Watch: Too many to list!
Posts: 33,693
|
SS more Popular than PM. Why?
As others have said, three reasons: price, price, and....price.
|
6 January 2020, 03:17 AM | #40 |
2024 Pledge Member
Join Date: Mar 2007
Location: US
Posts: 3,878
|
Price. For a lower price, you are getting same watch.
|
6 January 2020, 03:26 AM | #41 | |
Banned
Join Date: Nov 2017
Real Name: Jesus
Location: Texas
Watch: 116234
Posts: 8,721
|
Quote:
Agree |
|
6 January 2020, 03:30 AM | #42 |
"TRF" Member
Join Date: Dec 2019
Location: United States
Posts: 881
|
Thanks for all the insight!
|
6 January 2020, 03:35 AM | #43 |
"TRF" Member
Join Date: Jan 2019
Location: HK
Posts: 100
|
I think is the price range more suit most people who are new into this brand with limited budget, and SS are more suitable in most occasion.
|
6 January 2020, 03:42 AM | #44 |
"TRF" Member
Join Date: Jan 2019
Location: US
Watch: sub
Posts: 2,429
|
It's a lot of things. Certainly price. You get the same movement for less money. Durability too although Platinum is pretty durable and even more corrosion resistant than 904L. Changing tastes toward more neutral colors for jewelry. And even an acceptance for SS as jewelry. Weight is a factor too. I think steel hits kind of a sweet spot between substantial and too much. A titanium watch is super durable but feels kind of light and cheap. Like aluminum. Platinum is pretty heavy. Not sure everyone wants a watch that heavy. Tungsten would be durable and corrosion resistant too and weigh about the same as 18K gold. Cool looking as well. Tough to machine though. Looks like a few watches have been made from it but it hasn't caught on.
|
6 January 2020, 03:46 AM | #45 |
"TRF" Member
Join Date: Jul 2011
Real Name: Rob
Location: Boston, MA
Watch: 1530
Posts: 3,799
|
It's really not just the price. Nor is it a fleeting fashion/trend.
There have been watch books devoted specifically to steel watches since at least the 1990's. One could make the case that it's objectively the most practical watch case material. |
6 January 2020, 03:54 AM | #46 |
"TRF" Member
Join Date: Jan 2008
Real Name: Kurt
Location: Philly Burbs!!
Posts: 3,296
|
Price and hype...there was a time not too long ago where Panerai watches were selling on the grey market for double or more. Now you can’t give them away. J/k, point is, everything is cyclical and we are in the best economy arguably in over 20 years. And that’s just about as long as I’ve been collecting/trading. If the market drops, and shit hits the fan, let’s see how much your Batman and Pepsi is worth. Inventory is inventory and it costs money to hold onto stock. Some of these dealers are on borrowed time sitting on these watches and it is inevitable. If 2008 happens again, there’s going to be a lot of unhappy people out there and you’ll be kicking yourself for not investing in the PM, because that’s where the money truly is.
__________________
“This is your last chance. After this, there is no turning back. You take the BLUE pill - the story ends; you wake up in your bed and believe whatever you want to believe. You take the RED pill - you stay in Wonderland, and I show you how deep the rabbit hole goes.” Rolex Submariner 116610LV Hulk | Rolex GMT 16710 Pepsi | Omega Speedmaster “Speedy Tuesday” | Tudor Black Bay 79220R “ETA Rose” | Tudor Pelagos Blue Dial | Rolex Submariner Yellow Gold 116618LB | Rolex Milgauss “Z-Blue” 116400GV |
6 January 2020, 03:56 AM | #47 |
"TRF" Member
Join Date: Aug 2011
Real Name: Josh
Location: Lost in time
Watch: Me Nae Nae
Posts: 9,823
|
Price, of course. But can’t only be. There are many steel watches that sell for more than gold/platinum watches from other brands. So there must be more than just price alone.
__________________
"Sometimes the songs that we hear are just songs of our own." -Jerome J. Garcia, Robert C. Hunter |
6 January 2020, 03:57 AM | #48 |
"TRF" Member
Join Date: Mar 2008
Location: Canada
Watch: 114060, BLNR
Posts: 739
|
Such a big multiple to get to a PM piece over stainless it makes it hard to afford and to justify. I like the WG sub and the platinum DD but will I buy one at the current prices ... not in this lifetime.
|
6 January 2020, 04:07 AM | #49 |
"TRF" Member
Join Date: Aug 2015
Location: Houston
Watch: SkyD, SD43, GMT2
Posts: 5,061
|
This may be less of a factor, but the guts of all PM’s with SS counterparts are exactly the same. You don’t get an upgraded movement for the $60,000 MSRP difference between the SS Daytona and the Platinum one.
|
6 January 2020, 04:32 AM | #50 |
"TRF" Member
Join Date: Jan 2019
Location: US
Watch: sub
Posts: 2,429
|
And that markup is a little tough to swallow as well. It's about 8K worth of Platinum. For some folks that doesn't matter but that seems like a lot, even in the world of jewelry where big markups on raw materials are the norm.
|
6 January 2020, 05:41 AM | #51 |
"TRF" Member
Join Date: Sep 2012
Location: Canada
Watch: Rolex/AP
Posts: 341
|
I think price for the hyped SS models makes the PM look like great value, especially in the resale market.
I’ll always like to have a sub or two in SS as a beater but why pay/keep 22-25k for a SS daytona when you can get a PM model for a couple of K more? |
6 January 2020, 05:47 AM | #52 |
"TRF" Member
Join Date: Dec 2019
Location: London, UK
Posts: 159
|
Price. Too many people can afford to buy SS.
|
6 January 2020, 06:01 AM | #53 |
"TRF" Member
Join Date: Jan 2019
Location: North America
Posts: 2,348
|
Why pay 10K for a beater lol?
|
6 January 2020, 06:16 AM | #54 |
"TRF" Member
Join Date: Jan 2011
Real Name: gus
Location: East Coast
Watch: APK & sometimes Y
Posts: 26,599
|
They share the same movement, ie performance is identical.
Pm service for case finishing and replacement bracelet for example is much more expensive.
__________________
|
6 January 2020, 06:23 AM | #55 |
"TRF" Member
Join Date: Mar 2018
Real Name: Larry
Location: Finger Lakes
Posts: 6,007
|
"I don't know. I just can't help myself!"
It's the herd chasing shiny baubles; the cheaper ones. |
6 January 2020, 06:26 AM | #56 | |
2024 SubLV41 Pledge Member
Join Date: Apr 2013
Location: NL
Watch: Yachtmaster
Posts: 14,759
|
Quote:
A general misconception by non PM owners. Any gold Rolex is perfectly suitable for daily wear and don't need pampering
__________________
Day Date 18238, Yachtmaster 16622, Deepsea 116660, Submariner 116619, SkyD 326935, DJ 178271, DJ 69158, Yachtmaster 169622, GMT 116713LN, GMT 126711. |
|
6 January 2020, 06:32 AM | #57 |
Member
Join Date: Jul 2014
Real Name: Roger
Location: ...
Watch: AP/Rolex/PP
Posts: 6,309
|
I’m not sure if it is more popular more so that it is (well used to be) more accessible. That paradigm has shifted, at least for now. Primarily I would say based on the price points. Not everyone can (or wants to) spend PM prices for a watch - there are some that wear only PM watches.
|
6 January 2020, 06:44 AM | #58 | |
"TRF" Member
Join Date: Dec 2019
Location: United States
Posts: 881
|
Quote:
|
|
6 January 2020, 06:58 AM | #59 |
2024 Pledge Member
Join Date: Jul 2019
Location: Bay Area, CA
Posts: 833
|
I feel like style/preference > price. Currently in the grey market, the BLNRs and BLROs go for ~$15k whereas CHNRs are ~$16k. People are paying much higher premiums to get their hands on the SS models. Seems like price isn’t that big of a factor. Or maybe that’s just the case of the GMTs.
|
6 January 2020, 07:00 AM | #60 |
"TRF" Member
Join Date: Oct 2015
Location: Fort Lauderdale
Watch: YM everose 40
Posts: 21
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
Thread Tools | |
Display Modes | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.