2021 BLRO on Oyster @DavidSW

[turkeysub93]

I wonder what the new BLNR on oyster will be priced at...and if it will have any influence on the pricing for the jubilee configuration. Don't care about the hype...but interested in the pricing dynamics.

[imsayingthough]

insane.

[vh2k]

Some people pay extra to board a plane first.

Some people pay extra to go to the front of the line at the amusement park.

Some people pay thousands extra to be the first in their neighborhood with a new car model.

And some people want to be the first with a new hot watch.

Products and services in the free market economy. You don't like it... you don't have to buy it. Absolutely nothing crazy or stupid about it.

[Seddyspaghetti]

Originally Posted by vh2k

some people pay extra to board a plane first.

Some people pay extra to go to the front of the line at the amusement park.

Some people pay thousands extra to be the first in their neighborhood with a new car model.

And some people want to be the first with a new hot watch.

products and services in the free market economy. You don't like it; you don't have to buy it. Absolutely nothing crazy or stupid about it.

+1

[cbalster]

Originally Posted by vh2k

Some people pay extra to board a plane first.

Some people pay extra to go to the front of the line at the amusement park.

Some people pay thousands extra to be the first in their neighborhood with a new car model.

And some people want to be the first with a new hot watch.

Products and services in the free market economy. You don't like it... you don't have to buy it. Absolutely nothing crazy or stupid about it.

I think the front of the line pass is worth it at Disneyland for what it's worth. That's not hype!

[javier]

Originally Posted by cbalster

I think the front of the line pass is worth it at Disneyland for what it's worth. That's not hype!

This

[Speedbird-1]

Originally Posted by cbalster

I think the front of the line pass is worth it at Disneyland for what it's worth. That's not hype!

'Speedy Boarding' is worth the few extra quid, too.

[Sandpit]

Originally Posted by vh2k

Some people pay extra to board a plane first.

Some people pay extra to go to the front of the line at the amusement park.

Some people pay thousands extra to be the first in their neighborhood with a new car model.

And some people want to be the first with a new hot watch.

Products and services in the free market economy. You don't like it... you don't have to buy it. Absolutely nothing crazy or stupid about it.

We’re also allowed to have opinions.....

[Guinness58]

My new apple series 6 watch arrives tomorrow. Still love my sub date (wearing it as I type this). If and when the craziness subsides I will be back in the Rolex market. If not, happy with my modest collection.

[1995akcoop]

Originally Posted by vh2k

Some people pay extra to board a plane first.

Some people pay extra to go to the front of the line at the amusement park.

Some people pay thousands extra to be the first in their neighborhood with a new car model.

And some people want to be the first with a new hot watch.

Products and services in the free market economy. You don't like it... you don't have to buy it. Absolutely nothing crazy or stupid about it.

Love this


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[Shazbot302]

Originally Posted by vh2k

Some people pay extra to board a plane first.

Some people pay extra to go to the front of the line at the amusement park.

Some people pay thousands extra to be the first in their neighborhood with a new car model.

And some people want to be the first with a new hot watch.

Products and services in the free market economy. You don't like it... you don't have to buy it. Absolutely nothing crazy or stupid about it.

While I certainly appreciate the economics lesson, I’m sure everyone here understands the “free market” and supply vs demand. Nobody here said he shouldn’t charge that much; they’re expressing their shock that DSW is asking 3x retail, and a significance amount over current grey market prices. Thats what people do on Internet forums and they should be free to do that without someone trying to make them feel stupid.

[RJRJRJ]

Originally Posted by Shazbot302

While I certainly appreciate the economics lesson, I’m sure everyone here understands the “free market” and supply vs demand. Nobody here said he shouldn’t charge that much; they’re expressing their shock that DSW is asking 3x retail, and a significance amount over current grey market prices. They should be free to do that without someone trying to make them feel stupid.

It was either this thread or the skydweller thread, and somebody said they wouldn't piss on him if he was on fire. There are some very psychotic people out there.

[Speedbird-1]

Originally Posted by Shazbot302

While I certainly appreciate the economics lesson, I’m sure everyone here understands the “free market” and supply vs demand. Nobody here said he shouldn’t charge that much; they’re expressing their shock that DSW is asking 3x retail, and a significance amount over current grey market prices. Thats what people do on Internet forums and they should be free to do that without someone trying to make them feel stupid.

I agree.

[Goin2drt]

Originally Posted by Shazbot302

While I certainly appreciate the economics lesson, I’m sure everyone here understands the “free market” and supply vs demand. Nobody here said he shouldn’t charge that much; they’re expressing their shock that DSW is asking 3x retail, and a significance amount over current grey market prices. Thats what people do on Internet forums and they should be free to do that without someone trying to make them feel stupid.

Agreed. Every one of these threads has the economics professor come on and let us know again about supply and demand and capitalism. They add zero value or even post anything interesting or even funny. It has become standard so I usually just scroll on by as you know you will get it.

You also get the inevitable post comparing a watch that was a MSRP and usually is not an investment (actually not the case these days as many now consider these an investment) to real estate that doesn’t have an MSRP. Those I move on past as well.

[Chester01]

Originally Posted by vh2k

Some people pay extra to board a plane first.

Some people pay extra to go to the front of the line at the amusement park.

Some people pay thousands extra to be the first in their neighborhood with a new car model.

And some people want to be the first with a new hot watch.

Products and services in the free market economy. You don't like it... you don't have to buy it. Absolutely nothing crazy or stupid about it.

We can split hairs about additives, but it’s a bubble and prices have expanded beyond all rationality and even beyond supply and demand. I don’t think paying that much beyond MSRP is stupid per se but would not characterize it as intelligent either. Now if someone wants to spend even 100k on a watch to be the first to get that pic on the instabook to each his own and I have no beef with that. But what’s going on in the current market with Rolex (and perhaps many other commodities) is not the same as paying to get to the front of the line at the amusement park. We are witnessing the commodification of a consumer product, hyped by fake scarcity and market manipulation by investors, speculators, etc and in my eyes (not that Rolex cares) is turning me off to the brand and many others. Not sure if folks are paying attention but the younger folks will will be necessary to Keep Rolex afloat increasingly eschew things that smack of hierarchy and privilege. And maybe that’s what we are down to, maybe there is no way for Rolex or others to remain relevant today that to start appealing to hype and simply be a picture on someone page to say hey man, look at me look at me are you seeing this, I got the BLNR.

[JSolution]

I mean surely you would just stump up the extra for the white gold version at this point.

[crew]

Originally Posted by fskywalker

That’s really crazy pricing, but for some people $30k is pocket money so someone will bite


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I’m sure many of us know people with tens of millions, hundreds of millions and even more. I know I do. I just don’t know anyone with that kind of money who would be so foolish to spend almost 3X for a SS watch that retails for $10k.

Originally Posted by JSolution

I mean surely you would just stump up the extra for the white gold version at this point.

Good point. For those that can afford it, why not?

[turkeysub93]

Originally Posted by crew

I’m sure many of us know people with tens of millions, hundreds of millions and even more. I know I do. I just don’t know anyone with that kind of money who would be so foolish to spend almost 3X for a SS watch that retails for $10k.

The wealthiest folks I know would never pay a cent over MSRP.

[101031-28]

Originally Posted by turkeysub93

The wealthiest folks I know would never pay a cent over MSRP.

This. And I speak from personal, direct experience.

[RJRJRJ]

Originally Posted by turkeysub93

The wealthiest folks I know would never pay a cent over MSRP.

Would they pay over listing price on a piece of property? Genuine question.

[crew]

Originally Posted by RJRJRJ

Would they pay over listing price on a piece of property? Genuine question.

Depends, in part, on the price of the property.
For example, a $200k property is going to attract a lot of potential buyers and could go for well over asking price in a seller’s market. A property selling for $20MM has a small pool of potential buyers. I’m guessing few would offer more than asking in that price range.
-I could also be all wrong on this.

[Oystersteel92]

Originally Posted by RJRJRJ

Would they pay over listing price on a piece of property? Genuine question.

That's happening a lot these days, at least in my area. Bidding wars on residences that are selling within days of being listed.

Sooooo much money sloshing through the system right now, at least in the USA. Article in my local newspaper today about the TWO $27 million dollar installments my county will be receiving from the last $1.9 trillion Federal spending bill. We're an economically diverse county in a smallish Red state with a $60 million annual budget and a current reserve over $12 million and don't NEED the money, but it's coming and they have to figure out how to spend it. If we're getting that much, you know the big counties are going to get far more, and with everyone trying to spend it all at once, demand for raw materials and services will be even greater than it is now.

Talk about lighting the inflation fuse. I would not be surprised if $50k SS Rolexes are just around the corner.

[GST15]

Originally Posted by turkeysub93

The wealthiest folks I know would never pay a cent over MSRP.

I agree. I have never paid over MSRP, bought only from AD. They know that I am not a flipper, and that I simply love these watches. I have no intention of selling any, but if I did, I would trade or sell them back to the AD. They were fair with me and got me the watches I wanted, so they should be able to share in the profit if the watch can be resold for more. Better that they benefit than a gray market dealer. Just the way I feel.

[Hollie_Rollie]

Originally Posted by crew

I’m sure many of us know people with tens of millions, hundreds of millions and even more. I know I do. I just don’t know anyone with that kind of money who would be so foolish to spend almost 3X for a SS watch that retails for $10k.



Good point. For those that can afford it, why not?

Agreed.

The wealthiest people I know buy yachts, mansions, and ultra high end cars. Majority of them wear Apple watches. One has a DSSD and the heir to a drug company wears a hulk he got as a graduation present. No real interest in watches.

I feel like the people buying these watches are fringe millionaires who aren’t necessarily wealthy- make a million a year but spend 2 mil kinda people .


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[brandrea]

Originally Posted by JSolution

I mean surely you would just stump up the extra for the white gold version at this point.

Right?

I can’t remember what the jubilee version started out at when it was released but I’d say there’s some inflation going here.

[Speedbird-1]

I wonder, would DavidSW come on here and declare where, and how much he pays for his Rolex's.
For example: Who did he buy the 29K BLRO from and, for how much?


No, I thought not.

[rambo99]

Originally Posted by Speedbird-1

I wonder, would DavidSW come on here and declare where, and how much he pays for his Rolex's.
For example: Who did he buy the 29K BLRO from and, for how much?


No, I thought not.

of course david just come to an AD at the right place and the right time, have a good and sincere conversation with the salesperson and then he come out with the all new oyster pepsi from the back door and hand it to david. its just pure luck!

[cbalster]

I have two bracelets for my DJ41. I would say it was totally unnecessary to get a 2nd bracelet. It sounded like a good idea at the time but it takes some skill to be popping off bracelets all the time. Even with the best tools you can gouge those lugs, albeit on the underside of the watch.

[Madman37]

Who cares he is struggling to sell some of the watches he has had for ages. For example been keeping an eye on his ceramic Daytona’s both white and black haven’t gone anywhere for ages. These watches will take a dip from their insane grey market prices soon. Obviously not go down to MSRP but they won’t hold as high as they have been.

[uniqueMR]

Jeez.
Profit wins :)