Demand for Rolex hits unprecedented level

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From above survey


The emotional impact of wearing a dream watch was enormous, with 93.8% of respondents believing that wearing their dream watch would positively impact their confidence.

One in three said wearing their dream watch would make them feel successful, wealthy and accomplished and almost one third said wearing their dream watch would make them feel more suave, sophisticated or elegant.

Really…… it’s a watch…..

Wear a dream watch fishing I’m not more confident, sophisticated or suave. Probably would still take the piss for my decky being out the front at 4:10 instead of 4:00 am

Humans are interesting creatures indeed.
 
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And all this demand and "investment" speculation for a mass produced, mid-tier luxury brand with no particularly interesting complications. The Rolex marketing machine is a wonder to behold, but I'll stick with Omega.
 
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y.......watch would make them feel more suave, sophisticated or elegant.......

it has been known that used car sales man, used house salesman, used watch sales man, used investment product sales man typically requires a watch with rolex logo on the dial
 
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Rolex dominated the responses, not only as a brand but also as the most popular watch with its Daytona chronograph, particularly the ref. 116506, the 50th anniversary Daytona model made in platinum (pictured top).

It has a retail price of £59,600, but is now routinely offered for three times that price on the secondary market.

One in three said wearing their dream watch would make them feel... wealthy...

Never mind feeling wealthy, surely to spend £59,600, let alone 3 times that, on a watch, you actually have to be wealthy?
 
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I don’t really trust this “poll”. I suspect it targeted Instagram, which is full of watch “lovers” who are only going after what is trending. The fact the Oyster Perpetual is one on the top “dream” watches leads me to this conclusion, as those have been trending on Instagram over the last year.

but the main point is valid — a supermajority of watch buyers are listing after Rolex and willing to pay the inflated prices. If this continues much longer, it will start to have an impact on other brands.
 
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Still, five of the top ten are Richemont. Now look not only for desirability but availability. How many people that desire a Rolex or a Patek can get one? or afford one? combine that with the volume of production and availability of the other Richemont brands and they're doing ok. I would not complain.

Who makes more money, Daniel Boloud restaurants or McDonalds? nobody "desires" McDonalds. But everyone eats it.

Richemont also makes money off reselling Rolex watches via Watchfinder, so they aren't complaining...
 
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From above survey


The emotional impact of wearing a dream watch was enormous, with 93.8% of respondents believing that wearing their dream watch would positively impact their confidence.

One in three said wearing their dream watch would make them feel successful, wealthy and accomplished and almost one third said wearing their dream watch would make them feel more suave, sophisticated or elegant.

Really…… it’s a watch…..

Wear a dream watch fishing I’m not more confident, sophisticated or suave. Probably would still take the piss for my decky being out the front at 4:10 instead of 4:00 am

When you are told the watch most coveted in this survey is a "Crown for every achievement" It seems to make sense that many feel this way.
 
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I’m sitting here in my corner quietly giggling. When I finally go after that Timex Marlin I’ve always wanted I know there’ll be no line up.
 
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From above survey


The emotional impact of wearing a dream watch was enormous, with 93.8% of respondents believing that wearing their dream watch would positively impact their confidence.

One in three said wearing their dream watch would make them feel successful, wealthy and accomplished and almost one third said wearing their dream watch would make them feel more suave, sophisticated or elegant.

Really…… it’s a watch…..

Wear a dream watch fishing I’m not more confident, sophisticated or suave. Probably would still take the piss for my decky being out the front at 4:10 instead of 4:00 am

Seriously. Wearing any watch doesn't make me feel differently about myself. These people need to get a grip.
 
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mass produced, mid-tier luxury brand with no particularly interesting complications. The Rolex marketing machine is a wonder to behold, but I'll stick with Omega.

I’m really not a Rolex stan - I have two of their watches, both purchased at MSRP, with very minimal effort (basically got lucky), and that I like very much but aren’t my absolute favorite watches in “the box.”

That said, and hopefully with my intended casual discussion tone set: you sure seem to often come at Rolex about being a “mass produced mid-tier luxury brand,” just as often followed with noting your affinity for Omega instead. I find this juxtaposition interesting! Surely, if anything, both Rolex and Omega are fairly lumped together as “mass produced mid-tier luxury”?

Perhaps Rolex can be argued as a bit more “mass produced” since it sells 2 watches (from a more limited catalogue) to every 1 Omega (from a larger catalogue); but it would seem to be splitting hairs.

On the separate topic of “no particularly interesting complications”: one of my two Rolex is a Sky-Dweller, that I would argue is a more interesting complication than anything currently offered in the Omega catalogue. If you’ve not had a chance to play with it’s annual calendar + GMT via the “command bezel,” I encourage you to just for fun - it’s the most satisfying and impressive mechanical watch interaction I’ve had.
 
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I should add. Richemont is not McDonalds, just trying to make a point.
Not me. I’m a Culver’s fan. 😜
 
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Seriously. Wearing any watch doesn't make me feel differently about myself. These people need to get a grip.
Really? Doesn't the car you drive, clothes you wear, and house you live in affect how you view yourself? You are a rare individual.
Edited:
 
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I don’t really trust this “poll”......the Oyster Perpetual is one on the top......

that poll must be completely flawed in the first place
(almost) all the rolex watches with oyster case and automatic movement are officially oyster perpetuals anyway
 
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Really? Does the car you drive, clothes you wear, and house you live in doesn't affect how you view yourself? You are a rare individual.

Give me a fresh shower, haircut and shave, a nice (but not too nice) suit, a fine (but not too fine) watch, recently polished (but not over-polished) shoes, and I’ll feel more ready for an interview - not to mention be viewed as such by the interviewer
 
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I’m really not a Rolex stan - I have two of their watches, both purchased at MSRP, with very minimal effort (basically got lucky), and that I like very much but aren’t my absolute favorite watches in “the box.”

That said, and hopefully with my intended casual discussion tone set: you sure seem to often come at Rolex about being a “mass produced mid-tier luxury brand,” just as often followed with noting your affinity for Omega instead. I find this juxtaposition interesting! Surely, if anything, both Rolex and Omega are fairly lumped together as “mass produced mid-tier luxury”?

Perhaps Rolex can be argued as a bit more “mass produced” since it sells 2 watches (from a more limited catalogue) to every 1 Omega (from a larger catalogue); but it would seem to be splitting hairs.

On the separate topic of “no particularly interesting complications”: one of my two Rolex is a Sky-Dweller, that I would argue is a more interesting complication than anything currently offered in the Omega catalogue. If you’ve not had a chance to play with it’s annual calendar + GMT via the “command bezel,” I encourage you to just for fun - it’s the most satisfying and impressive mechanical watch interaction I’ve had.

I don't speak for the poster you have quoted, but my impression reading it is different from yours. You intentionally edited out the part that I believe he was emphasizing...

No one in their right mind would argue that Omega and Rolex are not both mass produced mid-tier luxury brands, but this is the point - the fanaticism for Rolex is in itself quite astonishing when viewed in that very context. That's how I read it.

On the second question, an annual calendar isn't a particularly interesting complication to me, but this is more of a subjective thing. Someone on another forum recently posted a vintage Rolex with a full calendar and moonphase, and you would have thought it was a horological masterpiece of some kind. These are fairly simple complications in the big picture...
 
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. If you’ve not had a chance to play with it’s annual calendar + GMT via the “command bezel,” I encourage you to just for fun - it’s the most satisfying and impressive mechanical watch interaction I’ve had.

Nothing to do with the OP discussion but this is truly an interesting complication, for watch geeks. Although a “similar” idea with Vogard, with that technology bought by IWC for their timezoner complication. None of these are best sellers and the relatively pedestrian chronograph comes out on top.
 
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I’m really not a Rolex stan - I have two of their watches, both purchased at MSRP, with very minimal effort (basically got lucky), and that I like very much but aren’t my absolute favorite watches in “the box.”

That said, and hopefully with my intended casual discussion tone set: you sure seem to often come at Rolex about being a “mass produced mid-tier luxury brand,” just as often followed with noting your affinity for Omega instead. I find this juxtaposition interesting! Surely, if anything, both Rolex and Omega are fairly lumped together as “mass produced mid-tier luxury”?

Perhaps Rolex can be argued as a bit more “mass produced” since it sells 2 watches (from a more limited catalogue) to every 1 Omega (from a larger catalogue); but it would seem to be splitting hairs.

On the separate topic of “no particularly interesting complications”: one of my two Rolex is a Sky-Dweller, that I would argue is a more interesting complication than anything currently offered in the Omega catalogue. If you’ve not had a chance to play with it’s annual calendar + GMT via the “command bezel,” I encourage you to just for fun - it’s the most satisfying and impressive mechanical watch interaction I’ve had.
Oh, I agree completely that Omega is also a mass produced, mid-tier luxury brand. Arguably, in my view, with technological innovation that is superior to Rolex. What bothers me about Rolex -- and, yes, you're correct that I make no attempt to hide my disdain -- is the hype that goes along with the Rolex marketing machine and, in particular, the waitlists, the artificial scarcity caused by Rolex limiting production, the idea that you may have to buy a model that you don't particularly want to achieve the privilege of getting a model that you do want, etc., etc. Too many hoops to jump through. Combine that with Rolex severely limiting parts availability to independent watchmakers, refusing to service watches beyond a certain age, not returning parts, etc. It all adds up to a brand that is very unfriendly to its customers and dealers. It all just seems ridiculous to me and has turned me off completley to the brand. And that's a shame because while I personally do not find their designs particularly attractive, I'll readily admit that they make high quality watches. As to interesting complications, when Rolex makes a tourbillion -- as Omega already has -- I'll be impressed.
Edited:
 
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I don't speak for the poster you have quoted, but my impression reading it is different from yours. You intentionally edited out the part that I believe he was emphasizing...

No one in their right mind would argue that Omega and Rolex are not both mass produced mid-tier luxury brands, but this is the point - the fanaticism for Rolex is in itself quite astonishing when viewed in that very context. That's how I read it.

On the second question, an annual calendar isn't a particularly interesting complication to me, but this is more of a subjective thing. Someone on another forum recently posted a vintage Rolex with a full calendar and moonphase, and you would have thought it was a horological masterpiece of some kind. These are fairly simple complications in the big picture...
Thank you, Archer. That was precisely my point. Rolex makes a very good watch. Do the watches justify their fanatical following? In my view, no. And I don't like the way that the brand does business. I don't think that I'm alone in that assessment.
 
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I covet cortebert and tellus watches. one on my wrist would make me feel suave, elegant and sophisticated.
 
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I feel fantastic when I wear my rolex. Young, ambitious, extremely talented, ready to conquer the world, such a great guy. Too bad I have mirrors in my house.