Daytona via jewelry spend ($30k)

[BraveBold]

Madness is worrying too much about the mental state of others and their financial decisions.

I may buy $5 tees and see others with far less wealth spending 100x more… but I am not questioning their sanity.

[rgwarden]

Originally Posted by BraveBold

Madness is worrying too much about the mental state of others and their financial decisions.

I may buy $5 tees and see others with far less wealth spending 100x more… but I am not questioning their sanity.

I think i pretty much owned that this was my stuff - and it’s my post and thereby my thinking presumably - and saying something is crazy is called a figure of speech. But just for clarity, the OP can and will do whatever he wants with his money, and good luck to him. Since this is a forum and he asked for opinions i gave mine, that to spend 3/4/5 times what a watch sells new for, would drive ME crazy.

[TomCarter]

I’ve been allocated Steele and OF Daytonas at the 2 AD’s I frequent. Had to spend 150 or so at ad#1 and 200+ at ad #2 to be considered. Luckily all of the purchases were Rolex’s that I wanted no forced jewelry purchases.

[Vince_76]

Guys, just to be clear: I will not buy pieces I don’t want in hopes of being allocated something I do want, nor will I buy jewelry for that matter.

The only reason I bring this up is because I’m buying the jewelry anyway for a special occasion. But will only buy if the markup on the jewelry makes sense. My thinking is, if I’m buying it and the markup on the jewelry is less than the markup on a grey Daytona, why not?

[Akacoke]

Originally Posted by Vince_76

Guys, just to be clear: I will not buy pieces I don’t want in hopes of being allocated something I do want, nor will I buy jewelry for that matter.

The only reason I bring this up is because I’m buying the jewelry anyway for a special occasion. But will only buy if the markup on the jewelry makes sense. My thinking is, if I’m buying it and the markup on the jewelry is less than the markup on a grey Daytona, why not?

Jewelry mark up at most jewelry stores especially A Rolex AD with jewelry store built in. Is at least 60% up to 80% mark up.

[Watchdog]

Contrary to what some claim, Rolex’s focus now is putting their watches on the wrists of true enthusiasts, basically keeping them out of the hands of flippers in this insane market. This holds true even for their most desirable models—hence the imaginary lists which do not exist. This is true for all models . . . except the SS Daytona. That one is reserved for customers who have been loyal for many years, barring some rare aberration.

[JJGreen]

I would recommend just asking the AD, 'if I buy this, can I buy that'. But in general terms I think you're a good $100,000+ away from being allotted that watch. I once asked an AD for one (it was years ago) and I was told they are for customers that spend $1M! I'm sure that was an exaggeration and I'm sure it's less now, but I think the conversation would be hundred grand+.

[Bartolo]

Originally Posted by Vince_76

Guys, just to be clear: I will not buy pieces I don’t want in hopes of being allocated something I do want, nor will I buy jewelry for that matter.

The only reason I bring this up is because I’m buying the jewelry anyway for a special occasion. But will only buy if the markup on the jewelry makes sense. My thinking is, if I’m buying it and the markup on the jewelry is less than the markup on a grey Daytona, why not?

Are you saying that you can get the same jewelry elsewhere for less?

Because otherwise I don't understand what choices you're setting out here . . .

[Bartolo]

Originally Posted by Watchdog

Contrary to what some claim, Rolex’s focus now is putting their watches on the wrists of true enthusiasts, basically keeping them out of the hands of flippers in this insane market. This holds true even for their most desirable models—hence the imaginary lists which do not exist. This is true for all models . . . except the SS Daytona. That one is reserved for customers who have been loyal for many years, barring some rare aberration.

There is no "Rolex" involved in the way you describe.

Rolex makes no say in who gets what, including the SS Daytona. (If Rolex does have a say in allocation for the extremely rare off-catalog pieces, it's not really relevant here anyway.). The dealers allocate watches to the customers of their choosing. And as we read here every day, there is a wide variety in how the individual ADs do it.

[Vince_76]

Originally Posted by Bartolo

Are you saying that you can get the same jewelry elsewhere for less?

Because otherwise I don't understand what choices you're setting out here . . .

Yes this is what I’m saying. I’m not sure what the Delta is versus going to another jeweler and shopping around. But I assume there is a delta

Originally Posted by Bartolo

There is no "Rolex" involved in the way you describe.

Rolex makes no say in who gets what, including the SS Daytona. (If Rolex does have a say in allocation for the extremely rare off-catalog pieces, it's not really relevant here anyway.). The dealers allocate watches to the customers of their choosing. And as we read here every day, there is a wide variety in how the individual ADs do it.

This. Rolex doesn’t allocate…independent ADs do

[twinfo]

Maybe you should ask your SA or just go grey

[EH92]

Which daytona r u trying to get? If you want two tone daytona, just go to any AD in HK. I ve seen a huge pool of TT daytona. Hk is literally drowning with it. The full gold daytona also becoming widely available. May be the oysterflex model will be next

[Vince_76]

Originally Posted by EH92

Which daytona r u trying to get? If you want two tone daytona, just go to any AD in HK. I ve seen a huge pool of TT daytona. Hk is literally drowning with it. The full gold daytona also becoming widely available. May be the oysterflex model will be next

Thanks. Trying to get the SS (ln preferably). Like the oysterflex ones but if I’m going out of my way I want to get exactly what I want.

[AEV]

Hi Vince, I can offer a bit of a perspective having done something like this 3 years ago when I picked up my Hulk just few days before it got discontinued and it was new AD for me.
Talk to the SA in person, explain to them that you are a watch person and be very clear that both jewelry and watch should be delivered at the same time. It may help if you already know what piece of jewelry you have in mind and if they have it in stock.
Ultimately this would have to be approved by someone up in the hierarchy.
I'd say give it a try, to me it does not sound unreasonable and try to position it to them as a win-win scenario.
Numbers wise it's probably about equal. 30K jewelry + 15k daytona via AD. 15k jewelry and 30K daytona if you go gray.

[watchwatcher]

Originally Posted by Easy E

For sure, you will need to ask that specifically to your SA. My bet is that is not enough to get you there, but the Gretzky rule is in effect here - you miss 100% of the shots you don’t take.

Agreed, and well said.

[Vince_76]

Originally Posted by AEV

Hi Vince, I can offer a bit of a perspective having done something like this 3 years ago when I picked up my Hulk just few days before it got discontinued and it was new AD for me.
Talk to the SA in person, explain to them that you are a watch person and be very clear that both jewelry and watch should be delivered at the same time. It may help if you already know what piece of jewelry you have in mind and if they have it in stock.
Ultimately this would have to be approved by someone up in the hierarchy.
I'd say give it a try, to me it does not sound unreasonable and try to position it to them as a win-win scenario.
Numbers wise it's probably about equal. 30K jewelry + 15k daytona via AD. 15k jewelry and 30K daytona if you go gray.

Thanks this is helpful. Thankfully my “SA” is the owner so should make this easier.

Also, even though the absolute numbers may be the same, my cost benefit analysis is a bit different since I am buying the jewelry regardless.

[worldofoyster]

30k gets you a datejust or explorer1, not even enough to get you a sub at the spot.

[Notimetodie]

The dude will net 25k on your 30k purchase. If nothing else there is zero chance I’d give him that business without something in return. Diamonds are a commodity, not rare, not expensive.

[Cassian739]

1) $30k isn't nearly enough, and even if you spend more there is still NO guarantee you'll get an allocation. Continue to build an AD relationship, be friendly, ask for what you want, buy other watches if you truly want them, etc.

2) My AD at a global watch retailer in NY told me the minimum spend for a Pepsi or Daytona is $250k. They have a small jewelry section but don't push jewlery at all.

3) Go gray, you'll have the watch tomorrow.

[Vince_76]

Originally Posted by worldofoyster

30k gets you a datejust or explorer1, not even enough to get you a sub at the spot.

Not true. Got a DJ when it was even hotter with no spend.

Originally Posted by Notimetodie

The dude will net 25k on your 30k purchase. If nothing else there is zero chance I’d give him that business without something in return. Diamonds are a commodity, not rare, not expensive.

Exactly. I’m not doing it otherwise.

Originally Posted by Cassian739

1) $30k isn't nearly enough, and even if you spend more there is still NO guarantee you'll get an allocation. Continue to build an AD relationship, be friendly, ask for what you want, buy other watches if you truly want them, etc.

2) My AD at a global watch retailer in NY told me the minimum spend for a Pepsi or Daytona is $250k. They have a small jewelry section but don't push jewlery at all.

3) Go gray, you'll have the watch tomorrow.

I know of folks with much less spend in NY who have gotten Pepsis and Daytonas (as low as $20/$30k)

[rgwarden]

I had misunderstood that the jewellery wasn’t to be bought just to secure the watch but in its own right anyway. My bad. Certainly i’d be far more comfortable buying the jewellery to secure the Daytona from an AD than paying less for the jewellery and paying far higher on the watch grey. And if you ask yours straight out the worst case scenario is being told no. Or ‘maybe’ might actually be worse because you won’t know how much it will take to secure the Daytona…

[schwartz914]

This thread is so dumb. He's asking the forum when he knows the owner of the Ad. Smh

[Vince_76]

Originally Posted by schwartz914

This thread is so dumb. He's asking the forum when he knows the owner of the Ad. Smh

Lol man I’m just wondering how to approach it and if it’s in good taste, and what others think.

You’re not forced to view this forum bro just leave

And thanks to all who actually provided their thoughts & 2 cents

[LAS45]

Have you already expressed interest for a Daytona without purchasing jewelry?


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[ppierce]

All else being equal if you absolutely want a Rolex and absolutely need to buy a piece of jewelry may as well do it at the AD (if they have the jewelry you want). It can't hurt. No guarantees it helps but i can 100% guarantee buying jewelry at a store that doesnt carry rolexes wont help.

[amh]

Originally Posted by ppierce

All else being equal if you absolutely want a Rolex and absolutely need to buy a piece of jewelry may as well do it at the AD (if they have the jewelry you want). It can't hurt. No guarantees it helps but i can 100% guarantee buying jewelry at a store that doesnt carry rolexes wont help.

It's this type of thinking that started this mess

[Halifax Daytona UK]

Originally Posted by Vince_76

Thanks this is helpful. Thankfully my “SA” is the owner so should make this easier.

Also, even though the absolute numbers may be the same, my cost benefit analysis is a bit different since I am buying the jewelry regardless.

30 k on jewellery that’s really worth. 10-15k at the most

[Vince_76]

Originally Posted by LAS45

Have you already expressed interest for a Daytona without purchasing jewelry?


Sent from my iPhone using Tapatalk

No, everything on my list as of now is a reasonable request. He knows that I would love a Daytona, but haven’t explicitly made an ask.

[Pablito]

Originally Posted by amh

It's this type of thinking that started this mess

Exact. Hopefully this trend might disappear since lots of people are done with the process, so better days are coming for us!

[lawyerdude]

This seems to be a path people recommend. Theo and Harris guys told all guys buying engagement rings to use it as the once in a lifetime opportunity to get the watch they want. It’s in the crush the AD’s video. Although, I think they oversell how easy it is to get the non popular watches.