I think things are loosening up a little

[BillA]

I think things are loosening up a little so I am cautiously optimistic that I may get a call from some AD’s that I have shown some watch interest.

2 months ago I walked out with a Sub LV from an AD, that caught me by surprise. No spend history, once per quarter stopping by over the last year to talk watches with them and small talk.

Looks like more people are getting “the call” and what I find interesting people are walking away now with "his and her" watches.

I returned recently from Bermuda and to my surprise the SA did put me on his waitlist for 2 watches. A year ago I think I would have been laughed out of the store. Not saying they will call me but a little optimism given on their radar.

I notice that our TS prices are lower on many SS pieces, not all.

[2000-NJDEVILS]

SPOT ON!
Yes indeed!
Here’s a True story -
As a 6 time offender with AP (Bought BNIB from Manfredi, London, Tourneau and Wempe) I was still considered an afterthought at the 57th street AP boutique - How the times have shifted as they’ve recently texted me 5 TIMES to see if I still want a rare ROO and an even more rare ROO Concept (BTW there is no”call”) and I’m just in no mood to lose 20-50% on any new AP watches anymore and respectfully declined their repeated offers -
Deals will get better and better over the next 2-4 years - Mark my words after seeing ups and downs over the last 45 years of collecting……

[omar-rye]

No more free money

[Marcjvr]

It’s happening

[4reRlxGuy]

The local AD had showcases full of PM pieces still "on exhibit."

Not a single steel sports model on display.

[996marty]

In this market I’d be expecting a call

[1William]

Maybe, on certain models.

[Easy Rhino]

Anecdotally, there may appear to be some signs. However, if the new production facilities are not yet up and running any loosening would have to attributable to lessening active buying demand. Can it be seen that people are backing off buying luxury watches? I hope so - greater chance of getting what I'm wanting. I do recall when I got my Sub in 2005 in Waikiki that you could walk in off the street and buy a BNIB one at less than retail from the AD. I'd gladly go back to that.

[S.Explorer]

Good to know, the same seems to be happening in the UK (but to a lesser extent and it's a difficult market here for buyers).

[Neil McCauley]

I agree that there's definitely a wave of more incoming posts and people getting what they want, it certainly correlates with the downturn in grey market sales, and hopefully it puts the part time, backpack flippers out of "business".

This will sort the crap SA's from the good ones, too IMO.

They'll actually have to hone their skills and sell watches, instead of generally being handover assistants. They'll actually have to compete with each other to make sales and prospects.
If I was a Rolex SA I'd be really excited at the thought of this, the job just became a lot more fun.

With that said, give it a few more years, allow for economies to straighten themselves out and for people to feel "richer" again, and we'll be in the same spot once more. The hottest pieces will remain hot and near impossible to obtain without purchase history.
New production facilities are coming into play for Rolex's projected levels of demand in the next 4-10 years, not the levels we see today. Most people misunderstand that last point.

[Oxfordian]

Steel watches still in very short supply according to my AD, even though I could buy a TTSD off the shelf the AD indicated that they are struggling to get their hands on steel watches, popular full gold models and the usual suspects in TT.

I am just stoked that the TTSD I picked up isn't as popular as other watches, I am so grateful for that.

[brandrea]

Congratulations on the LV Bill

[enjoythemusic]

Originally Posted by omar-rye

No more free money

Actually there is free currency being given away, just in more targeted ways to continue their efforts to help with bank balance sheets (especially their losing Commercial and Residential real estate contracts). Free currency for student loan 'forgiveness' continues as well.

Thankfully, yes the demand for horology is getting back to relative historical norms.

[Calatrava r]

I think the demand on many of the full gold models is declining. The recent price increase in the US did not help.

[alphadweller]

Too bad, I'm not in the market anymore, haven't been for the past 3 years, in part due to the market conditinos (overwhelming demand, no supply for walk-ins). So, overall demand seems to have fallen? Yep, I'm part of those.

Unless I get a fantastic deal on something I really like, I have no interest in coming back, I've got enough watches.

It's still nice to stick around and read about people's experiences, especially the wearing and enjoying type.

[Colorado_kid]

Less watches heading to Asia helps.

I was just out in China and heard first hand from factory owners the economy is on the edge.


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[Nads786]

I recently went to the AD to try on the Exp 1 and I felt something similar. They quickly stated this would be an easy piece to get in a few months or less. I then asked about availability in general and my SA said I've heard it's gone down as well but in my experience I still get 10+ calls a day regarding Rolex watches.

[Robf52]

We'll see.

[Norbert]

Everyone waiting for the election?

[gerry100]

With economic optimism falling and cost of money rising I expect demand for luxury(ie unnecessary) goods to with prices to follow.

I wish I was in position to buy one of my dream Porsches because opportunities abound and will get juicier.

IMHO, patience will be rewarded over at least the next 6-12 months for Rolexes, Porsches and the like

[MplsMN]

Originally Posted by gerry100

With economic optimism falling and cost of money rising I expect demand for luxury(ie unnecessary) goods to with prices to follow.

I wish I was in position to buy one of my dream Porsches because opportunities abound and will get juicier.

IMHO, patience will be rewarded over at least the next 6-12 months for Rolexes, Porsches and the like

I hope so! I have money set aside for both, so I’ll just keep being patient:)

[thegrandseirolexguy]

An economy where luxury demand goes bust is probably not an economy most people want to be caught in.

I’d like to buy whatever rolex I want on a walk-in, but definitely not because the economy tanks and everyone’s struggling.


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[Neil McCauley]

Originally Posted by thegrandseirolexguy

An economy where luxury demand goes bust is probably not an economy most people want to be caught in.

I’d like to buy whatever rolex I want on a walk-in, but definitely not because the economy tanks and everyone’s struggling.


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Yeh it's a double-edged sword isn't it, because when things are booming, you can't get one lol