I’ve not seen any new ones near me for over a decade. Interesting theory but I don’t believe it,
M mk2rickI’m from a small country and we have like 5 ADs ? Recently 2 lost their dealerships so that’s pretty sizeable!
maybe it’s Rolex just punishing those ADs that sell to the grey markets .. but then again blame it on those ADs who get caught ..
I don’t understand this craze too. If this brand doesn’t want my money I’ll take it somewhere else to another brand who does!
Very interesting analysis. I do wonder about who fills this large gap in the market. I can't see it being Tudor,
The Wikipedia entry will read- Montres Rolex S.A. 1920-2024
Rolex was a watch brand making upper mid-tier mass production tool, sport and dress watches and was known as an aspirational luxury brand during the 20th century. After a series of poor business decisions, they were bought out by Swatch Group in 2024 and relegated to their mid-tier line along with Hamilton and Tissot.
The Wikipedia entry will read- Montres Rolex S.A. 1920-2024
Rolex was a watch brand making upper mid-tier mass production tool, sport and dress watches and was known as an aspirational luxury brand during the 20th century. After a series of poor business decisions, they were bought out by Swatch Group in 2024 and relegated to their mid-tier line along with Hamilton and Tissot.
There are a lot of watches historically, horologically and trend-wise that equal or surpass Rolex....so if I buy thinking about buying the "best" instead of "What I want to buy" then Rolex is not the best choice....although it does maintain and gain value handsomely.
I don't think this is going to happen, but the thought of Rolex rigging the system to increase the sales of their precious metal watches or "less desirable models" is fascinating. I got a little bit obsessed with gettin a SS submariner no date this year, but I took a step back recently and thought: "Am I just getting caught up in all the hype?" Even at retail, is this watch worth $8k? Is it really worth $3k more than my Seamaster? In my opinions, it's a beautiful piece and, yes, I would pay retail for one. But I certainly don't think it's worth the $10-12 price tag that grey dealers are charging.
I know a homage watch isn't for everyone, but I'm thrilled with it. I'm glad I didn't bother getting on a list at an AD.
More than that, they’re seen around here as fakes not to be spoken of...
https://omegaforums.net/threads/should-i-buy-a-homage.66686/
None of my posts re: "that watch" have been deleted, so I think that might not be accurate at this time, sir. It's not a fake either, lol, it's clearly labeled "Steinhart".
Has Rolex ever been the best? Nope never.
Has Rolex been the best at a price point? I cannot think of a time in the last 30 years they have.
The Rolex stainless craze has been around for a long time. When I bought my first Daytona in the early 90s, SS was selling for more than gold/stainless and was always subject to wait list. (of course, for an extra grand you could always subvert the wait list, which I did) At the time it was a matter of paying 6k for a 5k retail watch. Now it must be more obscene.
Recently I sold a few things and decided to grab a vintage GMT, so I started educating myself again. Most of the prices were staggering, but what I found most stunning was that on Chrono24, there were 5500 GMTs for sale. Five thousand, five hundred watches. How can that not be considered a glut? How is that not an example that the supply is greater than demand? And that's just ONE source. Ebay is loaded with them, too. And I'm sure dozens of other sources have them stockpiled. What is driving prices upward in a market such as this? I honestly don't understand. I get the name, blah blah, stainless sport watches are in demand. That doesn't explain how 5500 watches sit for sale while prices stay steady or rise, instead of lowering to sell inventory I'm sure I am missing something here.
What ... do you really think there's anything substantial left to say about the availability of Rolex SS watches?
The Rolex stainless craze has been around for a long time. When I bought my first Daytona in the early 90s, SS was selling for more than gold/stainless and was always subject to wait list. (of course, for an extra grand you could always subvert the wait list, which I did) At the time it was a matter of paying 6k for a 5k retail watch. Now it must be more obscene.
Recently I sold a few things and decided to grab a vintage GMT, so I started educating myself again. Most of the prices were staggering, but what I found most stunning was that on Chrono24, there were 5500 GMTs for sale. Five thousand, five hundred watches. How can that not be considered a glut? How is that not an example that the supply is greater than demand? And that's just ONE source. Ebay is loaded with them, too. And I'm sure dozens of other sources have them stockpiled. What is driving prices upward in a market such as this? I honestly don't understand. I get the name, blah blah, stainless sport watches are in demand. That doesn't explain how 5500 watches sit for sale while prices stay steady or rise, instead of lowering to sell inventory I'm sure I am missing something here.
