ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
3 September 2020, 08:21 AM | #61 |
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3 September 2020, 08:25 AM | #62 | |
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Quote:
Well said!
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3 September 2020, 08:27 AM | #63 | |
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Quote:
I tend to agree as well, Brian. And that shall remain unchanged for a while to come. I don’t see this juggernaut coming to a halt anytime soon.
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3 September 2020, 08:30 AM | #64 | |
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Quote:
Interestingly the green sub was not one of those the Smart money/Influencers went for, it was a year later in Aug 17, I remember it clearly as I bought mine that same month, that the disco rumours first spiked the Hulk's price, and then when a few months later Basel revealed it to be false and the price did not correct downwards, then I knew we were not in an efficient or free market anymore, and prices were only going to go one way. |
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3 September 2020, 08:47 AM | #65 |
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3 September 2020, 09:12 AM | #66 |
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I feel that whether the market tanks, goes stratospheric or stays stagnant it won’t hurt Rolex as a company. Technically on every popular model they sell right now they’re “losing” money because it can be on the resale market tomorrow for double. If they’re enabling it or not doesn’t matter. AD’s will sell to whoever they think they can make the most money on in the long game. There’s a ton of people out there (from <12 to 100+) making money hand over fist daily that 50k means nothing to. New money does lots of things to a person depending on how you came about it. Rolex is creating demand (smartly) and I doubt they will lose half the customers they gain by the demand they have made. Please note I have not had a single happy experience with an AD so I am part of the problem, defame as you will. I personally wanted a specific watch, it was “vintage-ish” so I had to purchase from a grey. I have tried to make purchases at AD’s and they don’t seem to care about anyone except a buyer that fits their perimeters. So they (Rolex inadvertently) have driven me to pay more to my grey dealer for the items I want. I promise you I’m not the only one around for a long time coming that decides they will pay more for something instead of playing games. I do not predict this ending anytime soon due to the incredible amounts of new money coming along as byproducts of the booming tech and social media industry, which only will create more demand due to their followers. Hang on for the ride.
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3 September 2020, 09:29 AM | #67 |
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Nothing beats 5 digit ss Rolexes.
The current offerings are like failed cosmetic surgeries of these beauties. That is upsetting. |
3 September 2020, 11:26 AM | #68 |
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3 September 2020, 11:47 AM | #69 |
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Beanie Babies and baseball/sports cards. For the last two years I've been debating selling all my Rolexes thinking about history repeating itself.
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3 September 2020, 12:48 PM | #70 |
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Time will tell if Rolex stays hot. Maybe raising prices over time and limiting supply will alienate the next generation of buyers. Maybe not, they are the most powerful luxury brand out there after all. I hear lots of people insist that the movements are the most reliable but I haven’t seen data to back it up. Is the accuracy actually better on average and the failure rate lower than high grade ETAs or Sellitas? Maybe, I don’t know. I do want another one because I like them but it puts me off the brand that they don’t have them in stores. Others seem to like that a lot though.
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3 September 2020, 01:10 PM | #71 |
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I love how Rolex does things. They do what they want and doesn't give a sh*t about what we want. Classic alpha mind set. While other brands caters to the masses making them becoming the beta for their supplicating nature.
Rolex is like that jock you hate but couldn't help but feel good once he accepts you into his circle. While the competing brands are like those okay nice dudes that sometimes you just take for granted. With the exception of the vampire uber classes like the Pateks, A. Lange, VC etc. Okay I need to stop watching all these teen dramas on Netflix. My apologies. |
4 September 2020, 05:04 AM | #72 |
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Here is my take:
I don't blame Rolex at all. How can we blame them for being really good at what they do. I imagine they are making as many watches as they can while maintaining high standards of quality. Clearly they don't want a situation where they have too much inventory and less demand. My issue is with the AD's. The lists, the VIP treatment, and the bad attitudes towards us "normals" is what is turning me off. I don't "need" a Rolex. I don't want one because they are "hot". I have always liked them and the designs just REALLY appeal to me. Most others do not. I don't know why, but it is just that way. I also agreed with another poster about how other brands have dropped the ball on this. They mostly don't have anything else I want...and yes I have an Omega and a Tag Heuer...both of which were designs that appealed to me. Most others do not. The funny thing in all of this is that since I can't get/afford the current Rolex models, the brand I have turned to is Tudor. They have some great designs, are readily or easily obtainable, and are priced within a certain amount of reason. And gee, guess who owns Tudor...yep the guys who know what they are doing. |
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