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Old 15 February 2018, 09:35 AM   #1
Bunting
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Join Date: Sep 2017
Location: Australia
Posts: 2
My First Rolex Purchase | Any Advice Much Appreciated

Hello everyone, this is my first ever post on this forum and any advice/opinions will be taken on board.

I put a deposit on a 2016 no date submariner last week and will be going to finally see it and possibly collect it depending if I'm happy with everything. I'm based in a small town in Australia so I'm travelling to see this watch. Due to the market in Australia at the moment and limited supply been sold I''m paying a very high premium for this piece, it's from a well recongised second hand dealer.

A few things I want to ask:

Is it to late to negoitate the final price that was on the website? I quickly rushed into throwing a deposit down because they are selling like hotcakes and didn't want to miss out.

Secondly been my first rolex I really wanted to have a complete set, meaning manuals and outer white box/swing tag. Just because it would be nice and something Id like. I believe it only comes with the Green box and warranty papers, Apart of me feels like for the price I'm paying these are really nesscary for me and thats why I'm hoping I can get the price down because at the moment it seems abit extreme. PS: I will be paying cash for the remainder of the watch.

If say at Basel world Rolex they release an updated submariner, What do you think this would do to the market? Will this increase the value of the older ceramics or see the older submariner market been flooded with older ones because people are wanting to upgrade? Id hate to pay at the peak of the market atm and then it drops because they become more accessible from AD's.

I've tried on numerous Rolex watches like Datejusts and everything but never a SS Sub because there are never any for sale, So I'm hoping when I put it on itll give me a better idea as well. I've always really like the Sub and would like it to be my first rolex, but the things above are on my mind,

Please give me your opinions!
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