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Old 22 December 2016, 10:25 AM   #1
Robbyman
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Daytona Love in Manchester UK

I sat down at a table in a restaurant in the UK today and a guy instantly said I was lucky for having my Ceramic Daytona. It turned out to be a very pleasant conversation but a little surprising as it was the first time I had worn the watch out of the house.

It turns out he was trying to buy one and having no luck so was going to go down the route of the grey market. He was a top guy who knew his watches and was wearing a black faced circa 2003 Daytona.

He jokingly offered to buy it for 15k, which I should probably have held him to!

I think it is quite a shame that there are many top guys like he is, trying get something they really want and just cannot. It is hard not to be critical of Rolex and while they protect the Daytona brand and the watch is new so that the supply issues may go away in time, they could surely do a little better on the supply front than they do.

If he is reading, I felt your pain.

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Old 22 December 2016, 11:09 AM   #2
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they could surely do a little better on the supply front than they do.
But then, where is the "mystique" in that?
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Old 22 December 2016, 01:20 PM   #3
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Given that on my last check there were 30+ UK supplied ceramic Daytona's for sale BNIB by grey dealers at ridiculous mark ups it obvious quite a few buyers are not interested in the watch just financial gain!
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Old 22 December 2016, 02:45 PM   #4
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No question Rolex can produce one for everyone. Then everyone can get it. Won't be special anymore. No demand more supply, Daytona brand tanks. Rolex won't be able to charge $12.5K for SS.
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Old 22 December 2016, 07:39 PM   #5
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Given that on my last check there were 30+ UK supplied ceramic Daytona's for sale BNIB by grey dealers at ridiculous mark ups it obvious quite a few buyers are not interested in the watch just financial gain!
Yikes!! That is pretty high!!
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Old 22 December 2016, 08:34 PM   #6
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Originally Posted by Robbyman View Post
I sat down at a table in a restaurant in the UK today and a guy instantly said I was lucky for having my Ceramic Daytona. It turned out to be a very pleasant conversation but a little surprising as it was the first time I had worn the watch out of the house.

It turns out he was trying to buy one and having no luck so was going to go down the route of the grey market. He was a top guy who knew his watches and was wearing a black faced circa 2003 Daytona.

He jokingly offered to buy it for 15k, which I should probably have held him to!

I think it is quite a shame that there are many top guys like he is, trying get something they really want and just cannot. It is hard not to be critical of Rolex and while they protect the Daytona brand and the watch is new so that the supply issues may go away in time, they could surely do a little better on the supply front than they do.

If he is reading, I felt your pain.

Rob
If he is reading, my local watch shop (UK, North West) has a BNIB black face for £14,950.

He could give me the additional £50 as a finders fee
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Old 22 December 2016, 08:39 PM   #7
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If he is reading, my local watch shop (UK, North West) has a BNIB black face for £14,950.

He could give me the additional £50 as a finders fee
Watchfinder were buying them in for 12k given the current situation here in the U.K I'd pay 11-12k for one but not 15k
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Old 22 December 2016, 08:53 PM   #8
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Watchfinder were buying them in for 12k given the current situation here in the U.K I'd pay 11-12k for one but not 15k


Don't worry Sam, my post was very tongue in cheek. I wouldn't pay a penny over RRP!


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Old 22 December 2016, 09:09 PM   #9
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I think 15k is too high but 11-12k is acceptable and the watch is worth that for Sure.
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Old 22 December 2016, 09:10 PM   #10
Robbyman
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If he is reading, my local watch shop (UK, North West) has a BNIB black face for £14,950.



He could give me the additional £50 as a finders fee


Lol
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Old 22 December 2016, 09:15 PM   #11
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Don't worry Sam, my post was very tongue in cheek. I wouldn't pay a penny over RRP!


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I know mate I was just adding to your comment
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Old 22 December 2016, 09:18 PM   #12
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Given that on my last check there were 30+ UK supplied ceramic Daytona's for sale BNIB by grey dealers at ridiculous mark ups it obvious quite a few buyers are not interested in the watch just financial gain!
Exactly and IMHO thats one of the main reasons in short supply at retail world wide.
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Old 22 December 2016, 10:24 PM   #13
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Definitely a shame that no matter how much you want the watch you're not likely to get it a retail anytime soon.

I've been on a few local-ish AD's lists for ~6 months for a BLNR, but enthusiasm for it is dropping and quite frankly can't be bothered with the chase anymore! If I get the call, great, but I've taken a step back and told myself it's just a watch, the ND Sub I have isn't a whole lot different. (Fooling myself, eh )
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Old 22 December 2016, 11:36 PM   #14
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I think 15k is too high but 11-12k is acceptable and the watch is worth that for Sure.
Personally I don't think 11-12k is acceptable. Finding it acceptable is the reason for increased prices in the first instance and if people could just say no then they would be back at retail!
No horse in this race as I've never been interested in them but if I land one the profit I make will buy me a Sub C no date :)
If people are daft enough to pay above list that's fine by me.
I'll be in Manch' over christmas so I'll keep my eyes open in restaurants and bars for Daytona C wearers!
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Old 22 December 2016, 11:43 PM   #15
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Supply and demand are what drives the market and Rolex may understand this better than most. I look at it as there is a price point where my desire for an item and its availability will intersect. I pay and get what I want. If I overpay then that is my business and if I am happy with the item and keep it, who cares. Many times I think it is about the hunt, the deal and the purchase. He will find one, he will pay, and in the end I hope he is happy with it.
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Old 23 December 2016, 01:41 AM   #16
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Exactly and IMHO thats one of the main reasons in short supply at retail world wide.
And yet so many complain about ADs holding warranty cards or removing stickers at point of sale.
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Old 23 December 2016, 02:19 AM   #17
Robbyman
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And yet so many complain about ADs holding warranty cards or removing stickers at point of sale.


My AD held the warranty card and removed the stickers, which while I would have liked to removed the stickers myself after they were just about to drop, I can see there point.

In the very next store to the AD I got mine from there was one at 16k sterling today. Even the saleswomen grimaced as she told me the price.
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Old 23 December 2016, 03:48 AM   #18
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Yikes!! That is pretty high!!
Rolex keep their numbers under wraps but two AD's I deal with have both said they have seen 4 Daytona each since Basel and when dealing with the issue I had and speaking with the Rolex rep he stated every U.K AD should of had two Daytona's by now (this was October time)

So quite a few have been picked up purely to resell, on release at £8,250 Watchfinder were offering 12-13k so a tidy little profit for picking up and selling on!
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Old 23 December 2016, 03:50 AM   #19
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My AD held the warranty card and removed the stickers, which while I would have liked to removed the stickers myself after they were just about to drop, I can see there point.

In the very next store to the AD I got mine from there was one at 16k sterling today. Even the saleswomen grimaced as she told me the price.
She may have done but they are selling for that! Well advertised at that we don't know what the deal is done at but can't be far off.
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Old 23 December 2016, 04:17 AM   #20
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I wonder if the local (British) media has caught on to the shortage of SS Rolexes in the UK.
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Old 23 December 2016, 05:38 AM   #21
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I can't even get my AD to ring me back, I've just spent £8,550 with them 3 months ago too
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Old 23 December 2016, 05:44 AM   #22
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I wonder if the local (British) media has caught on to the shortage of SS Rolexes in the UK.
What would they do about it?
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Old 23 December 2016, 05:57 AM   #23
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I wonder if the local (British) media has caught on to the shortage of SS Rolexes in the UK.
no, but i doubt they are interested.
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Old 23 December 2016, 06:04 AM   #24
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no, but i doubt they are interested.
Nope, we are all comparatively elitists in the middle of the biggest recession/slump in History that is not going to end for a while, our petty troubles are, thank God, not news worthy.
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