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Old 6 January 2021, 08:08 PM   #1
elee617
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Rolex has reached a new low

So here in Singapore I visited the two most reputable Rolex ADs, just to stop in and say hello to my SAs. There were no words for what I saw. And by what I saw, I mean NOTHING. I’ve seen pretty sad Rolex ADs in Bangkok, Manila, HK and even Jakarta the past few years, but this was by the far the worst I’d ever seen in any country. Nothing but a few two tone DJs in various sizes and dials and just a few lady DJs. The display cases were practically empty.

Now I get that xmas just passed and perhaps many were bought over the holidays but wow, didn’t expect to see it this bad. My one SA who I’ve been dealing with since 2013 said he’d never seen stock this low. I get that demand is as high as ever and stock might also be as low as ever, but both stores looked extremely sad. And we’re in a pandemic coupled with a global recession. Imagine what it would look like if the economy were thriving.

I suppose it was no better the last time I visited a PP or AP dealer last November. Just pointing out a casual observation about the current state of Rolex on my neck of the woods. Probably just as bad as worldwide.
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Old 6 January 2021, 08:44 PM   #2
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Yawn - do we really need yet another thread on this age old subject that’s been unchanged for 2 years now.
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Old 6 January 2021, 08:56 PM   #3
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Originally Posted by elee617 View Post
So here in Singapore I visited the two most reputable Rolex ADs, just to stop in and say hello to my SAs. There were no words for what I saw. And by what I saw, I mean NOTHING. I’ve seen pretty sad Rolex ADs in Bangkok, Manila, HK and even Jakarta the past few years, but this was by the far the worst I’d ever seen in any country. Nothing but a few two tone DJs in various sizes and dials and just a few lady DJs. The display cases were practically empty.

Now I get that xmas just passed and perhaps many were bought over the holidays but wow, didn’t expect to see it this bad. My one SA who I’ve been dealing with since 2013 said he’d never seen stock this low. I get that demand is as high as ever and stock might also be as low as ever, but both stores looked extremely sad. And we’re in a pandemic coupled with a global recession. Imagine what it would look like if the economy were thriving.

I suppose it was no better the last time I visited a PP or AP dealer last November. Just pointing out a casual observation about the current state of Rolex on my neck of the woods. Probably just as bad as worldwide.
Think some of you guys got to remember there is a worldwide pandemic,and at the moment much more important things to worry about that watches.As at the moment the most precious thing we have is life, yet it has absolutely no trade-in value for Rolex or any other brand of watch.
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Old 6 January 2021, 08:57 PM   #4
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Rolex has reached a new low

Quote:
Originally Posted by padi56 View Post
Think some of you guys got to remember there is a worldwide pandemic,and at the moment much more important things to worry about that watches.As at the moment the most precious thing we have is life, yet it has absolutely no trade-in value for Rolex or any other brand of watch.

absolutely.

Also worth noting that demand is currently high from what I’m hearing as people look to treat themselves to cheer themselves up, and they have money saved from holidays/daily living etc.

And of course supply must have been impacted by the pandemic.

We should take time to remember that anyone looking to spend ££££’s on a watch is in s very privileged position, and we should be grateful that we are healthy and financially secure above all else.
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Old 6 January 2021, 09:32 PM   #5
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Think some of you guys got to remember there is a worldwide pandemic,and at the moment much more important things to worry about that watches.As at the moment the most precious thing we have is life, yet it has absolutely no trade-in value for Rolex or any other brand of watch.
Superb post says it all now close the thread nuff said.
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Old 6 January 2021, 09:40 PM   #6
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I don't know what the stock situation is at my AD because the country is locked down and when open (which they are not at the moment) they were letting customers in by appointment only. Frankly, I don't care how many watches my AD has got. My only wish is that all the staff stay safe and well until the situation has eased.

There is still some business going on behind the shutters.
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Old 6 January 2021, 09:41 PM   #7
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Think some of you guys got to remember there is a worldwide pandemic,and at the moment much more important things to worry about that watches.As at the moment the most precious thing we have is life, yet it has absolutely no trade-in value for Rolex or any other brand of watch.
Precisely because of what's happening out there, we find solace in letting off some steam here.

If it's madhouse out there and we repeat same rhetoric in here, we're bound to go mad at some stage.

No one's oblivious to what's happening out there, and it'll soon be a mental health timebomb (if not already), which is why it's more important than ever to take our minds off it for a second and talk about watches on a watch forum.

---

To the OP, I've seen worse here in Aus at one point early last year, absolutely nothing on show. In recent days, it's pretty well stocked with DJs.
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Old 6 January 2021, 09:45 PM   #8
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Its no different to the past few years. Especially considering its just past Christmas and presumably logisitcs are a mess with the deathly virus affecting many countries.
Lunar New Yr coming up in just over a month too, so perhaps people stock up on goodies for that.
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Old 6 January 2021, 09:50 PM   #9
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Originally Posted by padi56 View Post
Think some of you guys got to remember there is a worldwide pandemic,and at the moment much more important things to worry about that watches.As at the moment the most precious thing we have is life, yet it has absolutely no trade-in value for Rolex or any other brand of watch.

+1


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Old 6 January 2021, 09:55 PM   #10
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Precisely because of what's happening out there, we find solace in letting off some steam here.

If it's madhouse out there and we repeat same rhetoric in here, we're bound to go mad at some stage.

No one's oblivious to what's happening out there, and it'll soon be a mental health timebomb (if not already), which is why it's more important than ever to take our minds off it for a second and talk about watches on a watch forum.
+1


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Old 6 January 2021, 10:00 PM   #11
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Originally Posted by padi56 View Post
Think some of you guys got to remember there is a worldwide pandemic,and at the moment much more important things to worry about than watches. As at the moment the most precious thing we have is life, yet it has absolutely no trade-in value for Rolex or any other brand of watch.
This is a pretty disingenuous response.. on a Watch forum.

This answer could be the response to absolutely any statement not involving COVID/LIFE and DEATH.

Where do you draw the line?




"Hi bob, did you see the Football game?"

"I Think some of you guys got to remember there is a worldwide pandemic,and at the moment much more important things to worry about than football.As at the moment the most precious thing we have is life."


"Hi joe, the weather has been crazy lately!"

"I think some of you guys got to remember there is a worldwide pandemic,and at the moment much more important things to worry about than the weather.As at the moment the most precious thing we have is life."


As a Moderator on a watch forum - by your precedent here, no threads should be allowed that aren't as impactful as life or death.

Let's ditch the holier than thou responses for 2021 and let us escape the harshness of reality on this forum where we can relieve some stress, and talk about watches.... even the agonizingly redundant topics like the paucity of Rolex supply...
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Old 6 January 2021, 10:06 PM   #12
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To the OP I live in SG and pretty much has been the case for the past 12 months here. It’s very rare even to find a day date to try (40mm or 36mm) absolutely lowest stock everywhere. And VS other counties I know for instance in the UK if you phone around outside of London you will find at least a couple of full gold sports models. You know at least something interesting. But absolutely nothing here in Singapore. Completely agree with earlier posts... lucky to be thinking about watches during this time. But since we are on the topic of Singapore I thought I’d weigh in...
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Old 6 January 2021, 10:09 PM   #13
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Originally Posted by padi56 View Post
Think some of you guys got to remember there is a worldwide pandemic,and at the moment much more important things to worry about that watches.As at the moment the most precious thing we have is life, yet it has absolutely no trade-in value for Rolex or any other brand of watch.


Exactly.

High end luxury jewelry is not important at this time
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Old 6 January 2021, 10:10 PM   #14
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I don't know what the stock situation is at my AD because the country is locked down and when open (which they are not at the moment) they were letting customers in by appointment only. Frankly, I don't care how many watches my AD has got. My only wish is that all the staff stay safe and well until the situation has eased.

There is still some business going on behind the shutters.
+1 on this, even had the call, one from my Rolex AD and one from Omega, neither watch offered was required.
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Old 6 January 2021, 10:15 PM   #15
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Think some of you guys got to remember there is a worldwide pandemic,and at the moment much more important things to worry about that watches.As at the moment the most precious thing we have is life, yet it has absolutely no trade-in value for Rolex or any other brand of watch.


This!


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Old 6 January 2021, 10:15 PM   #16
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this is a pretty disingenuous response.. On a watch forum.

This answer could be the response to absolutely any statement not involving covid/life and death.

Where do you draw the line?




"hi bob, did you see the football game?"

"i think some of you guys got to remember there is a worldwide pandemic,and at the moment much more important things to worry about than football.as at the moment the most precious thing we have is life."


"hi joe, the weather has been crazy lately!"

"i think some of you guys got to remember there is a worldwide pandemic,and at the moment much more important things to worry about than the weather.as at the moment the most precious thing we have is life."


as a moderator on a watch forum - by your precedent here, no threads should be allowed that aren't as impactful as life or death.

Let's ditch the holier than thou responses for 2021 and let us escape the harshness of reality on this forum where we can relieve some stress, and talk about watches.... Even the agonizingly redundant topics like the paucity of rolex supply...
+1
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Old 6 January 2021, 10:24 PM   #17
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There should be a sticky thread for “I went to an AD and the case was empty”, and everyday hundreds of people can pop in and reply “+1”.
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Old 6 January 2021, 10:25 PM   #18
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I haven’t seen to my AD in quite a while due to lock downs here. It wasn’t great before, but I don’t recall seeing things here as bad as you describe.
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Old 6 January 2021, 10:30 PM   #19
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Originally Posted by padi56 View Post
Think some of you guys got to remember there is a worldwide pandemic,and at the moment much more important things to worry about that watches.As at the moment the most precious thing we have is life, yet it has absolutely no trade-in value for Rolex or any other brand of watch.
I think sometimes your hard on some but I tell you what this is a great response. Covid hit my household Saturday wife is not doing well rest of us are showing mild symptoms so far. I would trade any watch I have for my family to not be hit hard by this
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Old 6 January 2021, 10:34 PM   #20
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Quote:
Originally Posted by SUPERDOC View Post
This is a pretty disingenuous response.. on a Watch forum.

This answer could be the response to absolutely any statement not involving COVID/LIFE and DEATH.

Where do you draw the line?




"Hi bob, did you see the Football game?"

"I Think some of you guys got to remember there is a worldwide pandemic,and at the moment much more important things to worry about than football.As at the moment the most precious thing we have is life."


"Hi joe, the weather has been crazy lately!"

"I think some of you guys got to remember there is a worldwide pandemic,and at the moment much more important things to worry about than the weather.As at the moment the most precious thing we have is life."


As a Moderator on a watch forum - by your precedent here, no threads should be allowed that aren't as impactful as life or death.

Let's ditch the holier than thou responses for 2021 and let us escape the harshness of reality on this forum where we can relieve some stress, and talk about watches.... even the agonizingly redundant topics like the paucity of Rolex supply...

I couldn’t agree more. Well said
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Old 6 January 2021, 10:39 PM   #21
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Originally Posted by elee617 View Post
So here in Singapore I visited the two most reputable Rolex ADs, just to stop in and say hello to my SAs. There were no words for what I saw. And by what I saw, I mean NOTHING. I’ve seen pretty sad Rolex ADs in Bangkok, Manila, HK and even Jakarta the past few years, but this was by the far the worst I’d ever seen in any country. Nothing but a few two tone DJs in various sizes and dials and just a few lady DJs. The display cases were practically empty.



Now I get that xmas just passed and perhaps many were bought over the holidays but wow, didn’t expect to see it this bad. My one SA who I’ve been dealing with since 2013 said he’d never seen stock this low. I get that demand is as high as ever and stock might also be as low as ever, but both stores looked extremely sad. And we’re in a pandemic coupled with a global recession. Imagine what it would look like if the economy were thriving.



I suppose it was no better the last time I visited a PP or AP dealer last November. Just pointing out a casual observation about the current state of Rolex on my neck of the woods. Probably just as bad as worldwide.
All stock goes straight to their VIPs. A listed co AD told me to buy other brands to build track records for higher chance. Have been on waiting list for more than 5 years for a sports model even though I have bought one from them more than 15 years ago which I am still keeping it.
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Old 6 January 2021, 10:58 PM   #22
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Quote:
Originally Posted by SUPERDOC View Post
This is a pretty disingenuous response.. on a Watch forum.

This answer could be the response to absolutely any statement not involving COVID/LIFE and DEATH.

Where do you draw the line?




"Hi bob, did you see the Football game?"

"I Think some of you guys got to remember there is a worldwide pandemic,and at the moment much more important things to worry about than football.As at the moment the most precious thing we have is life."


"Hi joe, the weather has been crazy lately!"

"I think some of you guys got to remember there is a worldwide pandemic,and at the moment much more important things to worry about than the weather.As at the moment the most precious thing we have is life."


As a Moderator on a watch forum - by your precedent here, no threads should be allowed that aren't as impactful as life or death.

Let's ditch the holier than thou responses for 2021 and let us escape the harshness of reality on this forum where we can relieve some stress, and talk about watches.... even the agonizingly redundant topics like the paucity of Rolex supply...

Concur
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Old 6 January 2021, 11:17 PM   #23
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Even the datejust models are running low.
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Old 6 January 2021, 11:25 PM   #24
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They’re at the AD, just not in the display cases. They’re in the back held for VIPs.
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Old 6 January 2021, 11:28 PM   #25
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Of course there’s more important things to worry about that watches. I have a family that’s most important to me. My point is that life is short, and we learned that from this pandemic. And everyone on this forum I’m assuming loves and shares a passion for watches. It’s just irritating that we can’t enjoy buying, sometimes trading up or down to get what we want and enjoy the process of it. That’s all. It’s not that serious and believe I don’t take it that seriously. It was actually my first time visiting an AD in nearly a year.
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Old 6 January 2021, 11:32 PM   #26
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Quote:
Originally Posted by SUPERDOC View Post
This is a pretty disingenuous response.. on a Watch forum.

This answer could be the response to absolutely any statement not involving COVID/LIFE and DEATH.

Where do you draw the line?




"Hi bob, did you see the Football game?"

"I Think some of you guys got to remember there is a worldwide pandemic,and at the moment much more important things to worry about than football.As at the moment the most precious thing we have is life."


"Hi joe, the weather has been crazy lately!"

"I think some of you guys got to remember there is a worldwide pandemic,and at the moment much more important things to worry about than the weather.As at the moment the most precious thing we have is life."


As a Moderator on a watch forum - by your precedent here, no threads should be allowed that aren't as impactful as life or death.

Let's ditch the holier than thou responses for 2021 and let us escape the harshness of reality on this forum where we can relieve some stress, and talk about watches.... even the agonizingly redundant topics like the paucity of Rolex supply...
I’d have to say, one of the most brilliant responses I’ve seen here.
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Old 6 January 2021, 11:34 PM   #27
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Quote:
Originally Posted by superdoc View Post
this is a pretty disingenuous response.. On a watch forum.

This answer could be the response to absolutely any statement not involving covid/life and death.

Where do you draw the line?




"hi bob, did you see the football game?"

"i think some of you guys got to remember there is a worldwide pandemic,and at the moment much more important things to worry about than football.as at the moment the most precious thing we have is life."


"hi joe, the weather has been crazy lately!"

"i think some of you guys got to remember there is a worldwide pandemic,and at the moment much more important things to worry about than the weather.as at the moment the most precious thing we have is life."


as a moderator on a watch forum - by your precedent here, no threads should be allowed that aren't as impactful as life or death.

Let's ditch the holier than thou responses for 2021 and let us escape the harshness of reality on this forum where we can relieve some stress, and talk about watches.... Even the agonizingly redundant topics like the paucity of rolex supply...
Quote:
Originally Posted by fskywalker View Post
this!


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+1
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Old 6 January 2021, 11:35 PM   #28
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No Rolex models in cases at AD, something new?? Still in lockdown here and no idea what the AD has in their cases. Wasn’t well stocked in 2019 so??
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Old 6 January 2021, 11:38 PM   #29
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Exactly.

High end luxury jewelry is not important at this time
Then just close TRF until all are vaccinated. This is no different than every other thread started here. Stupid statement really when you think about it.

We will all come back to TRF and every other "not important" forum once the pandemic has cleared. See you in a few months.
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Old 6 January 2021, 11:39 PM   #30
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I feel sorry for the salespeople that just sit behind empty show cases.
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