AD said years…

[brandrea]

Originally Posted by Xerxes77

Question is:

Are they really enthusiasts?

Many are not but for those who are, I stand by what I said

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[Boaters]

Originally Posted by JacksonRain

Absolutely perfect perfect response. An honest response indeed and I would feel the same way... Hold on.... Better yet, I would feel even more of that while putting on that hollow stamped tinny bracelet, that scratched 50 dollar aluminum bezel. Oh man, what can I say

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That has one of the most stupidest two statements I have ever heard. You don't like the 16710 please keep your STUPID statements to your self. There are a lot of people on this forum that do. You know the old saying if you have nothing nice to say keep your pie hole shut.

[Boaters]

Originally Posted by WatchNutcase

Looking down at the 16710 would make me want to update even more

What a stupid statement Nutcase. If you don't have anything nice to say don't say anything at all.

[alphadweller]

AD's years bring me tears

[Boaters]

Originally Posted by JacksonRain

There may be a language barrier for you, my guy. Be well.

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Look in the mirror rain your the one with the barrier

[TheVTCGuy]

For what it’s worth, I was in my AD the other day when a gentleman walked in and asked to see a Ceramic Daytona. He seemed surprised when the SA said there were none in the store. He then said: “I’d like to try one on and may very well buy it on the spot, how long will it take you to get one in for me to look at?” The SA had a look on his face that screamed: Frustration/trying not to laugh/trying to be professional and /wishing he had not come in to work today and finally said: “10 years”

The man was aghast and said: “Well then I’ll just go buy it somewhere else!” Then he stood there like he expected the SA to say something (probably: “No, don’t do that, I’ll make a call and have one here for you to try on tomorrow”) but when he said nothing, left the store in a huff.

I’ve known the SA for years, and he just had the saddest, fatigued and most frustrated look on his face.

[Njw]

Originally Posted by JacksonRain

Absolutely perfect perfect response. An honest response indeed and I would feel the same way... Hold on.... Better yet, I would feel even more of that while putting on that hollow stamped tinny bracelet, that scratched 50 dollar aluminum bezel. Oh man, what can I say

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Jesus, how much are those lugs overhanging the end of your wrist

[AJMarcus]

Originally Posted by WatchNutcase

I think they're totally not worth the grey market prices, at that point just move up to Patek at retail.

That is the most sound advice I’ve read on TRF in a long time.

[BLNR Nairobi]

Originally Posted by theswedishway

This is only because Rolex's are only seen as £££$$$€€€ nowaydays.

If second hand value was zero both the Gentleman and the SA would be happy.
SA would have lots of Rolex's to sell and the Gentleman could buy two of twelve SS Daytonas on the spot.

Everyone would be so happy,hold hands and sing KumbaYah.

Who says the SA is not happy? The only difference is rather than selling X amount of watches over 12 months he’s now selling and/or pre-selling X amount of watches over the first 12 minutes of every delivery received.

ADs have had the BEST sales trajectory ever - especially considering that while in the past ‘some’ references sold while ‘most’ remained on display cases, with many of those eventually sold at a discount; now ‘virtually all’ references are sold and the only ones that may be available are some Cellinis and PearlMasters.

ADs are have enjoyed the best sales period ever, and the only downer for some is that they have to keep telling walk-in/phone-in buyers ‘no.’

But the ADs have definitely benefited (significantly) from the recent market and have sold out of even slower-moving models.

[Eagles4133]

Persistence and relationship building is key. I was able to get 2 SS pieces in 2020 at two different AD's with no prior purchase history with either.

People think SA's only cater to clients who spend loads of money with them. In reality my SA said he would rather sell to an enthusiast who has never purchased with him before because that will keep you coming back (most likely). People who spend money constantly at a certain store are going to spend no matter what!

[HiBoost]

Originally Posted by JacksonRain

Absolutely perfect perfect response. An honest response indeed and I would feel the same way... Hold on.... Better yet, I would feel even more of that while putting on that hollow stamped tinny bracelet, that scratched 50 dollar aluminum bezel. Oh man, what can I say

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Nice purple and maroon "Pepsi". But hey, at least the ugly colors will look that way forever

[JacksonRain]

Originally Posted by HiBoost

Nice purple and maroon "Pepsi". But hey, at least the ugly colors will look that way forever

Not bad... In some lighting. When it's not under bright sun, then it's actually pretty spot on.

Interesting how you would object to it though, since looks like you get really excited when you have a pink bezel or a Blue bezel that you called blueberry, that's likely fake. Or a bezel that is so scratched and faded it is super light pink, like a salmon, and a light baby blue. And in some cases no color at all. Enjoy!!



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[WatchNutcase]

Originally Posted by Boaters

What a stupid statement Nutcase. If you don't have anything nice to say don't say anything at all.

That's WatchNutcase to you my friend, and it wasn't meant to be rude I was implying that looking down at the 16710 is such a beautiful sight that it would motivate me to buy another Rolex. I actually really love the 16710 and if you had read further down the thread you probably would have picked up on that.

[swish77]

Originally Posted by WatchNutcase

I think they're totally not worth the grey market prices, at that point just move up to Patek at retail.

Such different designs, feel, experience with a Patek. It's not better nor worse than Rolex, just very different, and not everyone's cup of tea. (Personally, I find most Pateks very fussy, despite their beautiful craftsmanship.) I'll also point out that Pateks are also very tough to get nowadays, virtually impossible at retail.

The market makes the prices, and for whatever reason, sports Rolexes are indeed worth gray-market prices right now. They sell for those crazy prices, which is proof enough.

[Boaters]

Originally Posted by WatchNutcase

That's WatchNutcase to you my friend, and it wasn't meant to be rude I was implying that looking down at the 16710 is such a beautiful sight that it would motivate me to buy another Rolex. I actually really love the 16710 and if you had read further down the thread you probably would have picked up on that.

Okay nutcase what ever you say your stupid remarks are not appreciated. And by the way I am not your friend

[HiBoost]

Originally Posted by JacksonRain

Interesting how you would object to it though, since looks like you get really excited when you have a pink bezel or a Blue bezel that you called blueberry, that's likely fake. Or a bezel that is so scratched and faded it is super light pink, like a salmon, and a light baby blue. And in some cases no color at all. Enjoy!!

Not sure where you are getting that notion about my preferences. I prefer a NOS ultra-vivid bezel. And I'll argue to my death that the aluminum colors are far more dazzling than the ceramic counterparts (red, blue, root beer and green at least, I suppose ceramic black isn't too bad lol). Do they last forever? No. But I think I can spring for a new insert at < $100 every 10 years.

[Kelvin Knight]

Originally Posted by swish77

Such different designs, feel, experience with a Patek. It's not better nor worse than Rolex, just very different, and not everyone's cup of tea. (Personally, I find most Pateks very fussy, despite their beautiful craftsmanship.)

The market makes the prices, and for whatever reason, sports Rolexes are indeed worth gray-market prices right now. They sell for those crazy prices, which is proof enough.

I think it’s more isolated than we think. What were seeing is more like a frenzy of seagulls swarming a guy with french fries at the beach.

[JacksonRain]

Originally Posted by HiBoost

Not sure where you are getting that notion about my preferences. I prefer a NOS ultra-vivid bezel. And I'll argue to my death that the aluminum colors are far more dazzling than the ceramic counterparts (red, blue, root beer and green at least, I suppose ceramic black isn't too bad lol). Do they last forever? No. But I think I can spring for a new insert at &lt; $100 every 10 years.

I was wrong to assume, Jeff. Be well

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[WatchNutcase]

Originally Posted by Boaters

Okay nutcase what ever you say your stupid remarks are not appreciated. And by the way I am not your friend

As cold as you may be, I will always consider you my internet friend

[BumbleB]

This thread took a very negative turn somewhere…


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[WatchNutcase]

Originally Posted by swish77

Such different designs, feel, experience with a Patek. It's not better nor worse than Rolex, just very different, and not everyone's cup of tea. (Personally, I find most Pateks very fussy, despite their beautiful craftsmanship.) I'll also point out that Pateks are also very tough to get nowadays, virtually impossible at retail.

The market makes the prices, and for whatever reason, sports Rolexes are indeed worth gray-market prices right now. They sell for those crazy prices, which is proof enough.

Yes totally different type of watch and you're right the Patek sports models are even more difficult to obtain than Rolex sports at the moment. I think the Calatrava's and some of the complication watches are still relatively OK to buy at retail but then again it's a totally different type of watch and the starting retail price point is much higher.

[HiBoost]

Originally Posted by JacksonRain

I was wrong to assume, Jeff. Be well

All good my friend.

[dauster]

Originally Posted by BumbleB

I think I’ve said this before on this forum, here are the options in my view:

1. If you plan to build a collection and are looking for a DD40 (however even these have become hard to get nowadays) and some TT DJ watches for your wife, this should get you your BLRO faster
2. I believe in the USA Rolex ADs also sell Jewellery, so perhaps you need an engagement ring or so, that could get you a BLRO faster
3. Maybe you know someone who’s a VIP and already has everything and is willing to help you out, that could get you a BLRO faster
4. If you really love the BLRO and only want that, you have to be willing to wait for years or go to a grey dealer and pay the premium for instant gratification.

This is the situation globally, no matter where you go.

If you’re looking to get a BLRO at MRSP because you want to feel good about having a watch at MRSP that’s worth double the price, you’re too late to the game. That train left the station late 2017 and it’s just getting worse, not better.


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If the BLRO was my absolute grail but don't have the funds and or patience to deal with an AD I would have pulled the trigger a while ago. Extra 12k you are paying at grey dealer will do nothing for you at the AD.

[ONE WARRIER]

I just called the Jewelry store where I purchased my Rolex OP 34 114200 back in 2018. My salesperson told me they quit carrying Rolex December of 2020 because they only had 2 watches on the shelves with no hope of getting more inventory from Rolex any time soon. He advised me to put my watch in a Safe Deposit Box because of the current situation that will probably not get better. I've never worn my OP 34 so it's like new condition. I paid $5,050 (before tax) back in 2018 and looking on the "gray" market I've seen my 114200 go for as high as $9,900. What is going on folks? I'm confused as to why Rolex is operating in this manner.

[StevenMichael]

So this will be a case study in microeconomics. The first company ever who doesn’t want to make more money off the increased demand. No desire to grow. Interesting business model.

[HiBoost]

Originally Posted by StevenMichael

So this will be a case study in microeconomics. The first company ever who doesn’t want to make more money off the increased demand. No desire to grow. Interesting business model.

Not sure they would characterize it quite like that :) Rolex actually responded to a Yahoo finance article about "the situation" recently, here was their statement (emphasis mine):

Originally Posted by ROLEX

The scarcity of our products is not a strategy on our part. Our current production cannot meet the existing demand in an exhaustive way, at least not without reducing the quality of our watches – something we refuse to do as the quality of our products must never be compromised. This level of excellence requires time, and as we have always done, we will continue to take the necessary time to ensure that all our watches not only comply with our standards of excellence, but also meet the expectations of our customers in terms of quality, reliability and robustness. Rolex does not compromise on what it takes to produce exceptional watches.

All Rolex watches are developed and produced in-house at our four sites in Switzerland. They are assembled by hand, with extreme care, to meet the brand's unique and high-quality standards of quality, performance and aesthetics. Understandably, this naturally restricts our production capacities – which we continue to increase as much as possible and always according to our quality criteria.

Finally, it should be noted that Rolex watches are available exclusively from official retailers, who independently manage the allocation of watches to customers.

[RealMadrid1988]

Originally Posted by StevenMichael

So this will be a case study in microeconomics. The first company ever who doesn’t want to make more money off the increased demand. No desire to grow. Interesting business model.

With all due respect, I think this just shows that you don’t at all understand Rolex’s (very successful) business strategy. Rolex does grow—at a modest rate. But they put the long-term success of the company ahead of the desire to run up short-term revenues. The brand is built not just on assembling reliable, durable timepieces, but also in creating value retention for their loyal customers. While this market is new, the idea that a Rolex’s value doesn’t tank the second it’s purchased is not an entirely new phenomenon.

If you want interesting case studies, take a look at brands like Panerai and Coach to see what happens when you flood the market with product during periods of high demand. The second a recession hits, your brand value goes down the toilet. And it’s almost impossible to recover it.

[Boaters]

Originally Posted by WatchNutcase

As cold as you may be, I will always consider you my internet friend

Okay excepted Matt case just kidding. I happen to own a 16710 and take talk maybe a little to seriously. All good take care

[640ibimmerguy]

Just jumped on this thread...what the hell did I miss?!?!

On a different note...on this day in history.

https://www.history.com/this-day-in-history

[Kelvin Knight]

Originally Posted by StevenMichael

So this will be a case study in microeconomics. The first company ever who doesn’t want to make more money off the increased demand. No desire to grow. Interesting business model.

The psychology of it is more interesting than the microeconomics. Half of their customers are exploiting and manipulating them, while the other half throw an entitlement fueled temper tantrum… and we’re still busy pontificating? It’s more than microcosmic at this point and has become darkly humorous.