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I don't understand the recent Rolex SS craze/shortage. What am I missing?
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Chase
·I used to be a Rolex fanboy back when my pre-owned exp II was 3K and sub was 6K. At the time, that was good watch for the money. Now they are just unobtainable for most. That, and thinking most people buy them as status symbols and nothing more, has turned me off to the brand.
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ckhaing
·there is no product shortage (gmt / sub / daytona / explorer) at a true market price
there actually is the cash shortage
the true inflation in the last 20 years is at least 400~500%, which is reflected in the prices of un-subsidized items
there actually is the cash shortage
the true inflation in the last 20 years is at least 400~500%, which is reflected in the prices of un-subsidized items
Edited:
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perks713
·Honestly curious, what's a Sub cost these days if you can actually get one from an authorized dealer, just a run of the mill stainless steal one? A buddy I work with picked one up a week or two ago, I think his "wait time" was about a month. We're in a smaller market so probably not a long list of people to get watches.
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DoctorEvil
·Honestly curious, what's a Sub cost these days if you can actually get one from an authorized dealer, just a run of the mill stainless steal one? A buddy I work with picked one up a week or two ago, I think his "wait time" was about a month. We're in a smaller market so probably not a long list of people to get watches.
A one month wait time? Really? That's the shortest wait time I've ever heard of for a Sub. By all accounts you'd be waiting for at least a year or two. Did your buddy get it at retail price from an AD and did he also have to buy other watches or jewellery to get to the head of the queue?
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Eve
·Honestly curious, what's a Sub cost these days if you can actually get one from an authorized dealer, just a run of the mill stainless steal one? A buddy I work with picked one up a week or two ago, I think his "wait time" was about a month. We're in a smaller market so probably not a long list of people to get watches.
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Lu..
·Just wondering if Rolex only offered their 5 year warranty to the original purchaser who registers it at the point of sale at the AD would it reduce flipping and prices at the gray market.
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Shay
·The same OB who got me the new Explorer in about 2-3 months, wouldnt even take me on the waiting list for a the Nodate Sub 😀 according to his it exceeds already 5 year waiting, so no new names on the list..
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DoctorEvil
·S ShayMy feeling is that these watches are going to the grey market.
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Evitzee
·I'll say it again, Rolex does not set the market price with their MSRP (Manufacturer's Suggested Retail Price), the market sets the real price for any commodity. The market says most Rolex's are worth 2 to 2 1/2 times the MSRP. Either accept it or be forever disappointed that you can't walk into a Rolex AD and pick up a new steel Daytona at $13,150 (Rolex MSRP) and you'll also never clear the 'waiting list' to get one. That's the real world.
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Watch my Whisky
·I'll say it again, Rolex does not set the market price with their MSRP (Manufacturer's Suggested Retail Price), the market sets the real price for any commodity. The market says most Rolex's are worth 2 to 2 1/2 times the MSRP. Either accept it or be forever disappointed that you can't walk into a Rolex AD and pick up a new steel Daytona at $13,150 (Rolex MSRP) and you'll also never clear the 'waiting list' to get one. That's the real world.
I wouldn’t mind paying what the market commands if it were to Rolex and not some grey market middleman.
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Shay
·I'll say it again, Rolex does not set the market price with their MSRP (Manufacturer's Suggested Retail Price), the market sets the real price for any commodity. The market says most Rolex's are worth 2 to 2 1/2 times the MSRP. Either accept it or be forever disappointed that you can't walk into a Rolex AD and pick up a new steel Daytona at $13,150 (Rolex MSRP) and you'll also never clear the 'waiting list' to get one. That's the real world.
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Shay
·I suspect you might be right. I see a lot of Subs and GMTs available from resellers on eBay and Chrono24. Other members have also reported going into grey market dealers and seeing display cases with plenty of said watches.
Rolex doesn't feel their watches are worth the market price, the only reason market prices are skyrocketing is people are seeing it as investment pieces which only will go up in value.
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rob#1
·This article attempts to explain the supply issue:
https://manofmany.com/fashion/watches/rolex-shortage-explained
https://manofmany.com/fashion/watches/rolex-shortage-explained
