Turning down a Piece

[RaZCaL]

I went into a big AD and expressed my interest for a PM Skydweller to one of the SAs with no purchase history at all. The person was extremely helpful and courteous. She said she will keep me in mind. A few days later, I actually received a text and was offered one but not the dial I wanted. I graciously declined and told her I will wait for the dial I want.

Are PM Rolexes a lot easier to obtain? I really didn’t expect this. Maybe the market has taken a turn or I just got lucky?

[bullies]

Originally Posted by RaZCaL

I went into a big AD and expressed my interest for a PM Skydweller to one of the SAs with no purchase history at all. The person was extremely helpful and courteous. She said she will keep me in mind. A few days later, I actually received a text and was offered one but not the dial I wanted. I graciously declined and told her I will wait for the dial I want.

Are PM Rolexes a lot easier to obtain? I really didn’t expect this. Maybe the market has taken a turn or I just got lucky?

To me it's a simple breakdown of - how many people are willing (can) to buy a $5,000 watch? Not a ton.

Now, how many are willing (or can) to buy a $40+k watch? Much less

[fskywalker]

Originally Posted by bullies

To me it's a simple breakdown of - how many people are willing (can) to buy a $5,000 watch? Not a ton.

Now, how many are willing (or can) to buy a $40+k watch? Much less

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[Nico81]

Originally Posted by bullies

To me it's a simple breakdown of - how many people are willing (can) to buy a $5,000 watch? Not a ton.

Now, how many are willing (or can) to buy a $40+k watch? Much less

Buying a $5000 is not a big deal for MILLIONS of peple.
Or $40,000

They may just not see value in it


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[Seddyspaghetti]

“It’s happening”

[4 Aussies]

In the right place at the right time.

[Harry-57]

I don't know about lucky, but there is always a right place right time element involved. I would also not be inclined to compromise of the configuration and wait for the exact model I wanted. Your patience will be rewarded and who knows, if it takes some time to arrive you might be able to get a discount? The market seems to be sliding in that direction.

[brandrea]

At your price point, you have to be overjoyed with the watch you are buying

[Bxtek]

I just posted in another thread mentioning that there seems to be a lot more AD incomings in the past months. It seems that things are definitely getting a bit easier lately. I think you might have had a combination of that, plus the exact right timing of your visit for this current offer. You made the right decision though to wait for the piece you really want. No use spending that kinda money on something that you're not fully excited about.

[Cigars&Watches]

Originally Posted by Bxtek

I just posted in another thread mentioning that there seems to be a lot more AD incomings in the past months. It seems that things are definitely getting a bit easier lately. I think you might have had a combination of that, plus the exact right timing of your visit for this current offer. You made the right decision though to wait for the piece you really want. No use spending that kinda money on something that you're not fully excited about.

pieces are finally going to the end user

[stanleyleecm]

My local AD (a week ago) had a YG Black Dial Bracelet in the case available when I picked up a piece for my wife.

[Skabadi]

never turn down a piece from an AD imho…

[Greenwood_]

Originally Posted by Skabadi

never turn down a piece from an AD imho…

I couldn't disagree more.

[Calatrava r]

You were just lucky. In the right place at the right time, as said. PM is very hard to get at the moment. Not much allocation, anywhere. I would have gone with the one offered unless the dial was really unacceptable. As the market softens, as it is, the first thing Rolex will do is cut back on the PM, as the market is so thin for that price level of watch. This is to prevent aftermarket depreciation of the gold models and any idea of discounting by ADs.

[Cleveland Rocks]

Originally Posted by Calatrava r

You were just lucky. In the right place at the right time, as said. PM is very hard to get at the moment. Not much allocation, anywhere. I would have gone with the one offered unless the dial was really unacceptable. As the market softens, as it is, the first thing Rolex will do is cut back on the PM, as the market is so thin for that price level of watch. This is to prevent aftermarket depreciation of the gold models and any idea of discounting by ADs.

I considered writing a more nuanced response…but it’s more concise and just as accurate to say I disagree with just about everything you wrote.

[Swiftneck]

Originally Posted by Calatrava r

You were just lucky. In the right place at the right time, as said. PM is very hard to get at the moment. Not much allocation, anywhere. I would have gone with the one offered unless the dial was really unacceptable. As the market softens, as it is, the first thing Rolex will do is cut back on the PM, as the market is so thin for that price level of watch. This is to prevent aftermarket depreciation of the gold models and any idea of discounting by ADs.

The only thing I can agree on is that PM production will be lower, but not to an extent that they will be hard to get.

Of course, Rolex will still be interested in selling as many of their most expensive watches as possible.

PM Skydwellers, where the first watches to be seen at display for sale at AD's 4-5 month ago.

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[Skabadi]

Originally Posted by Calatrava r

You were just lucky. In the right place at the right time, as said. PM is very hard to get at the moment. Not much allocation, anywhere. I would have gone with the one offered unless the dial was really unacceptable. As the market softens, as it is, the first thing Rolex will do is cut back on the PM, as the market is so thin for that price level of watch. This is to prevent aftermarket depreciation of the gold models and any idea of discounting by ADs.

Very well said but I would go step further. Rolex can and will cut supply of ss models too. They will never allow the market to get flooded…

[VogelPhoenix]

Originally Posted by Skabadi

Very well said but I would go step further. Rolex can and will cut supply of ss models too. They will never allow the market to get flooded…

They allowed the market to be "flooded" for ~110 years or so, until the spike in demand over the last few years. They will not let their paid employees sit idle to solve their ADs problems, if it comes to that.

[Rolexatlast]

Originally Posted by greenwood_

i couldn't disagree more.

+1

[varun]

Originally Posted by Greenwood_

I couldn't disagree more.

nope never going to worship any AD or anyone, i make my own moolah and live life according to my rules, not some AD, hence happy with my 55k 2022 rose gold diamond baguettes daytona which at AD is an impossible thing to get unless ofcourse i buy crappy watches first

[Tanuki]

Originally Posted by Skabadi

never turn down a piece from an AD imho…

Unless you're going to flip it immediately, it just doesn't make any financial sense.

[Skabadi]

Originally Posted by Tanuki

Unless you're going to flip it immediately, it just doesn't make any financial sense.

I agree but the way I see is unless it’s a really undesirable piece and is affordable, then what’s the harm. Worst come to worst you can sell the watch (get your money back + profit) and you’ve still upped your relationship with your AD for the future…

[Nairn1980]

Originally Posted by Skabadi

I agree but the way I see is unless it’s a really undesirable piece and is affordable, then what’s the harm. Worst come to worst you can sell the watch (get your money back + profit) and you’ve still upped your relationship with your AD for the future…

Upped your relationship until they find out you’ve flipped (and in many cases they DO find out), and you get booted.

[Skabadi]

Originally Posted by Nairn1980

Upped your relationship until they find out you’ve flipped (and in many cases they DO find out), and you get booted.

I’m not a flipper, but think what you like… play the game the right and you’ll win.

[Nairn1980]

Originally Posted by Skabadi

never turn down a piece from an AD imho…

Completely disagree

[Trailboss516]

Originally Posted by Skabadi

never turn down a piece from an AD imho…

Awful advice

[2loaded]

Originally Posted by Skabadi

never turn down a piece from an AD imho…

So says the flipper to the forum.

[Driver8]

Originally Posted by Skabadi

never turn down a piece from an AD imho…

100% disagree. Spending tens of thousands on stuff you don’t want, just because an AD offers it, sounds like madness to me.

[malba2366]

Originally Posted by Skabadi

never turn down a piece from an AD imho…

It is unfortunate that people feel that they have to buy whatever a dealer offers them. The days of taking whatever you can get, because you can flip it for more are over.

[alphadweller]

A PM piece purchase is an ultra special event to me. Would never settle or compromise, especially at 40k. Hello?