lol. i don't have the whole set. . just black and white SS
i really can't justify having 3 modern rolexes .. .although why the line is between 2 and 3 shows my level of craziness anyway
i ended up trading the white dial and cash for the gray / white gold variant
good thing i stuck to my "principles" of only owning 2 modern daytonas. ..
That’s certainly an opinion, but one I don’t share.
Chatter in the business indicates that AD’s are not getting the supplies of sport models they did a few years ago.
My local AD (who also is the AD for Omega, IWC, JLC, Cartier, Breitling, Heuer etc) says it’s a problem for them because the last thing they want to say to a customer is no- they would love to take their money- and usually try to steer the customers towards another product- but most of the people coming in specifically for Rolex aren’t interested in a thing else. But because their business is so diversified as a high end jewler, they can operate having an empty Rolex wing of their store (I think there were 3 two-tone watches in the case and all the wall displays were empty as well).
So how does a Rolex Boutique, who sells nothing but Rolex survive? They have to pay lease, utilities, staff, etc. Are they selling enough precious metal watches to keep the boutiques alive? Are they subsidized by Rolex to maintain a storefront despite not having inventory to sell?
fashion island?
Just sounds like the large jeweler by me with an empty Rolex boutique in it. Ad for Pan, Brietling, Patek, omega, long, tag, high end Seiko, JLC, Cartier and a few more. It’s crazy now that I list them lol. The literally have a 2nd door and an empty Rolex showroom that’s built into their store.
This is exactly what my AD in Denver has been saying for the past several years.
In 2014 when I bought my Rolex 42mm Polar Explorer II there, they had several cases full of Rolex, including many SS Sport watches such as Submariners (SS and TT), Yachtmasters, GMT II (except for Batman), Explorer I, and Explorer II. They even had white dial Daytonas with steel bezel. In 2015 at the same AD, the Daytona, Batman and Hulk were still the only hard to find Rolex, but they got me a Hulk. Other brands of watches took a back seat to the large number of Rolex displays.
In 2016 (I think) I got on the list for a ceramic Daytona as soon as it was announced, and later the Pepsi GMT II when it was announced, but they never got me one and only called me about a Sea Dweller and Deep Sea Deep Blue a couple of years ago. I declined those, telling the AD that my budget was earmarked for the Daytona and Pepsi GMT. By the end of 2018 their supply of SS watches was dried up, and they had to put a lot more floor space toward other brands. I eventually decided the Daytona wasn't a priority and bought the Pepsi GMT Mk2 used last spring.
Then I got on the list for a 126660 Deep Blue in July 2019, and the assistant manager told me they had not seen one since fall 2018, so he was hoping to have another one by the end of 2019. I still talk to him 1-2x a month asking about the watch, but he has no control over what they get and asks me to be patient [edit - he says I'm the only one waiting for a Deep Blue]. It's now near the end of January 2020 and he's telling me they didn't get a single Deep Blue in 2019, but then he said Rolex opened the factory and they hope to get one in the next couple of months. I could not get more details about the factory, so I wonder if they had shut their main factory down for a while?
K killer67wonder if they will ever go to a consumer direct model like I believe AP is implementing? I’m not sure manufacturers can build customer direct relationships but it will certainly cut out the grey market dealer situation and only leave the private party reseller situation lol which is likely less pernicious
Background: I'm a new Omega fanboy and have been admiring my co-workers vintage Pepsi. When I enquired about the cost/availability of one at my local AD I was nearly laughed out of the store.
So I went home and starting research Rolex and the SS "shortage" issue on the rolex forum but I still don't understand the rolex craze. I think they are beautiful watches, have amazing functionality, history, and style. However, EVEN if only paying retail for a submariner, why would I pay $7.5k when I could get a seamaster for $4k? Not to mention the insane grey market prices on the submariner and GMT's!
People keep mentioning a Rolex bubble, but it seems like that is non-sense. Even the 1 million produced by Rolex will not adequately supply the demand in China, with it's exponentially growing middle class.
I guess my question is, why are people buying into the hype and paying double/triple retail for these SS watches!? When you get into the $15-20k price range it seems like there are much better watches you could spend that money on!
Please educate me!
Background: I'm a new Omega fanboy and have been admiring my co-workers vintage Pepsi. When I enquired about the cost/availability of one at my local AD I was nearly laughed out of the store.
So I went home and starting research Rolex and the SS "shortage" issue on the rolex forum but I still don't understand the rolex craze. I think they are beautiful watches, have amazing functionality, history, and style. However, EVEN if only paying retail for a submariner, why would I pay $7.5k when I could get a seamaster for $4k? Not to mention the insane grey market prices on the submariner and GMT's!
People keep mentioning a Rolex bubble, but it seems like that is non-sense. Even the 1 million produced by Rolex will not adequately supply the demand in China, with it's exponentially growing middle class.
I guess my question is, why are people buying into the hype and paying double/triple retail for these SS watches!? When you get into the $15-20k price range it seems like there are much better watches you could spend that money on!
Please educate me!
K killer67wonder if they will ever go to a consumer direct model like I believe AP is implementing? I’m not sure manufacturers can build customer direct relationships but it will certainly cut out the grey market dealer situation and only leave the private party reseller situation lol which is likely less pernicious
Now there has been a huge number of "affluent" Chinese minted. That, however, didn't happen in the last two years to coincide with the "shortage." It happened in the last quarter century. In fact, Chinese economic growth has been maturing and slowing (last year slowest growth in GDP of the last 30). China's not fueling this.
no way I see that happening. They have a network of ADs who have invested time and money into supporting the mothership....I don’t see how they turn that machine off
