Rolex Waiting List

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Bet the watches aren’t destroyed yet sold at discounted prices to factory staff.

Same as store staff at dress shops given the latest fashions to wear. It’s all written off as advertising.
 
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Totally agree with all of this and said as much in the store but the response was that Omega do not sell second hand watches, only new ones.

I even tried 'well give them to me' and I will pay for a full service, including a deep clean and where is bracelet isn't with the watch buy a new strap. But still no they will be destroyed. It is so sad and such a waste of resource.
Although this is about watches worn, I heard the likes of Louis Vuitton rather destroy unsold new items to keep their luxery appeal instead of these being discounted.😲🤨
 
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Although this is about watches worn, I heard the likes of Louis Vuitton rather destroy unsold new items to keep their luxery appeal instead of these being discounted.😲🤨
They let staff purchase at a discount. There’s a YouTube channel of a former LV sales associate and she went over how all of that works.
 
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Ah didn't know that policy changed, however there must be some stock which will be destroyed if not all is purchased by staff.

https://nexter.org/burberry-hm-louis-vuitton-brands-who-get-rid-of-products-in-horrible-way
Her channel is called A Heated Mess and she goes over how the policy worked back in the day, mid 2000’s if I remember correctly. I think the stuff that’s destroyed is probably end of season items that not even the employees wanted.
 
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In spite of continued hype, it certainly feels like waitlists have reduced over the last few months (or possibly since the introduction of the new Subs/DJs/OPs).

More and more people appear to be being offered watches than at any time in the last 18-24 months.

Is this true?

Is the grey market becoming saturated and so greys/flippers are buying less ?

Did Rolex build up a stock of the new models and releasein bulk (similarly did this affect production of the old models, contributing to the restriction)?

Is this down to covid - with international travel restricted are ADs selling more locally?

I had the same experience with my local AD, placed my name on the list for Batman (or Batgirl) in June, was told waitlist is around year and a half, but that's not guarantee (I have small relationship with them, got Sea Dweller last year, serviced some jewelry and refurbished 24 year old Breitling Aerospace - they sent it to Breitling Vintage)

I got it before two weeks at the begining of December (so 5/6 months waiting), the sales person said for some reference 5 people gave up - so it's either that people are giving up because of uncertainty, or lower general income because of Covid

From other source I heard that people from the seaside in my country (which have higher income because of summer season and tourism) gave up on purchase this year - there was less extra income this year which they would normally spend spending on luxury or something else
 
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Or (I am hoping so) that Omega is gaining speed on the market, and Rolex realised what negative picture their waitlist is doing to them, and that they are pushing away new customers/fans of the brand (which for sure we can see trough comments on forums/YouTube).

I really do hope so that this is happening, grey market will thin out, prices will normalize, and that there is relatively equal competition between two of them (Rolex & Omega) - this way, we watch enthusiasts/addicts/fans will benefit most 😁
 
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I had the same experience with my local AD, placed my name on the list for Batman (or Batgirl) in June, was told waitlist is around year and a half, but that's not guarantee (I have small relationship with them, got Sea Dweller last year, serviced some jewelry and refurbished 24 year old Breitling Aerospace - they sent it to Breitling Vintage)

I got it before two weeks at the begining of December (so 5/6 months waiting), the sales person said for some reference 5 people gave up - so it's either that people are giving up because of uncertainty, or lower general income because of Covid

From other source I heard that people from the seaside in my country (which have higher income because of summer season and tourism) gave up on purchase this year - there was less extra income this year which they would normally spend spending on luxury or something else
Where are you from? It’s possible the economic uncertainty is making it easier to get these watches. This is not reflected in the secondary market though.
 
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Where are you from? It’s possible the economic uncertainty is making it easier to get these watches. This is not reflected in the secondary market though.

Croatia
 
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Although this is about watches worn, I heard the likes of Louis Vuitton rather destroy unsold new items to keep their luxery appeal instead of these being discounted.😲🤨

Yes, apparently this is true and applies to other top designer stuff, bonkers but I am told maintains product exclusivity.
 
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Yes, apparently this is true and applies to other top designer stuff, bonkers but I am told maintains product exclusivity.

Not at all bonkers.

Commodities (like purses, watches) are fungible except at the margins. If you need to carry a thing in a bag, essentially any bag will do; if you need to tell the time, any relatively “reliable” timepiece (or phone) will do. For these same reasons, commodities alone are not worth a lot.

What is NOT fungible are good will (in the business sense of the word), brand loyalty, and the “brand” itself - the latter being most important.

Essentially every product we purchase, we purchased for a reason related to the “brand” of that product - not because of the virtues of the product itself, whatever else we tell ourselves to the contrary.

And if we need proof, just look at how - e.g., - LV is willing to destroy the relatively worthless commodity in order to protect the core business asset, the brand. That’s not strange; that just reflects the reality of what is actually valuable in a business that deals in fungible commodities.

So, it only seems “bonkers” if we incorrectly believe that these commodities (Omega watches included) are themselves valuable, from the business perspective.
 
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Anyone knows what’s the current average waiting list for the Oyster Perpetual 36 with a turquoise blue dial?
Preferably in NY or SF.
Thanks!
 
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They literally won't give me a date on the 41mm yellow. They keep offering me two tone subs and other stuff I don't want and I keep telling them. Daytona, sky Dweller, OP yellow. May consider a YMII but not sure about it. Love the watch, hate that it has Yatch Master written on the bezel.

I also asked at Tappers, but those guys are real assholes. They keep saying I have to spend more on them...I keep telling them I can't spend more if they never have what I want. I tried a IWC Big Pilot, a portofino, a sub date, a sub no date, a hulk, and in all cases I ended up buying somewhere else because they never had anything. The only thing they did have is a Panera my wife wanted. But that's about 50G is could not buy from them.
 
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I knew I didn't stand a chance but I contacted my local rolex ad for the new explorer 1. They said the waiting list is over 2 years long and they won't even put me on it. Ridiculous

Talk about delayed gratification...
 
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I knew I didn't stand a chance but I contacted my local rolex ad for the new explorer 1. They said the waiting list is over 2 years long and they won't even put me on it. Ridiculous

Talk about delayed gratification...
Try a different AD
 
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Try a different BRAND

It's definitely put me off rolex

I don't want to beg to be able to spend my money
 
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It's what got me onto Omega. Couldn't get a Rolex I wanted and a price/experience I wanted to pay.
 
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I bought my bb58 from an AD, they were lovely to deal with.

Latest speedy was a chance purchase from an OB on a business trip but it was very transactional.

Still, you pays your monies and you gets your watch
 
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I was at a party on the weekend and my wife was talking to a guy there who was wearing a Submariner Date. She asked him how much it set him back by. Turns out he paid AUD$20k for it to bypass a 5 year waiting list. The watch normally retails for AUD$11900. He also bought a two tone Lady Datejust for his wife at the same time.
Looks like the much talked about "wait list" is alive and well.