Reply With QuoteHah. Yes probably!
Shouldn't that be "You know nothing, John Snow" ?Originally Posted by verv
Hah. Yes probably!
...🙄🙄
Overpriced, new or used ?
Last edited by gc52; 24th July 2017 at 18:32.
Duplicate post, sorry !
Last edited by gc52; 24th July 2017 at 18:32.
Exactly, where are Petrus and GrandS when you really need them?
"A man of little significance"
To be fair, the question 'Is the luxury watch market in some ways similar to the London property market?' is not a bad one (to which the answer is yes and no). It's also reasonable, if not a new idea, to question whether there is a bubble in luxury watches provoked in part by the rise of the Swiss Franc after the financial crisis, combined with quantitative easing, bonuses, and the expansion into China prior to recent anti-corruption legistlation, which has also infected the vintage market and priced out many collectors (and the answer is quite likely). It's also reasonable to consider, though best to avoid discussing, the idea that rapid price inflation over the last decade could increase demand for fakes.
Why does that matter? It isnt tv ratings..........
Thought that was quite funny :) I do have an iPhone, but not tapatalk. Quite liked your original post as well, I have a rolex, so obviously not poor either :)
Shame of it is, this topic will have more views and replies than dozens of other decent, informative and genuinely interesting topics.
Why does that matter? It isnt tv ratings..........
Maybe those who constantly sneer at newbie threads should come up with those decent, informative and genuinely interesting topics instead of looking down their noses.
Just sayin'
Last edited by Harry Smith; 24th July 2017 at 15:22. Reason: tit
Not really when you consider that you can buy one for say £5k, wear it every day for 20 years and then flog it for a profit.
How many other products can offer that.
Come to think of it how many other watches can do that?
Whoever does not know how to hit the nail on the head should be asked not to hit it at all.
Friedrich Nietzsche
An interesting reply based on the original discussion point. Thank you for highlighting factors I hadn't considered, and putting others into perspective.
I don't see the exclusivity when nearly everyone on this forum seems to have half a dozen subs, and their Labrador wears a Yachtmaster.
Do your Jaapies bring you beef or ostrich biltong?
Lol. Yeah, even dogs have ideas above their station...
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Really loved Nutty Bars. The best contemporary alternative I've found is the Payday: a salty, calorific US import.
The sum of the parts would certainly put doubt in my mind but I totally trust my non date 2009 Sub, ski in it, trek with it, dive with it and go to work with it, never out of place and never misses a beat - worth every penny.
P.S. also if in real trouble somewhere in the world, what other watch can be used as currency?
We just had a small portion of chips on Hayling Island. £3. Maybe ten chips. Makes the Rolex I was wearing a bargain. Although you probably can't eat it.
They probably saw your Rolex and assumed you could afford it.
Ive never heard of nutty bars hood. Are they similar to the current star bar?
Given that they sell every watch they make, no.
Don't forget the glorious Texan Bars. Sigh - gets misty eyed. Demand made them briefly reintroduce it in 2005 after being binned in the 80s
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Texans.....take.....time.....to.....chew....Don't forget the glorious Texan Bars. Sigh - gets misty eyed. Demand made them briefly reintroduce it in 2005 after being binned in the 80s
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IMO, absolutely.
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If they're good enough for Wimbledon, they're probably, er, quite good.
Your PS is a valid point that wasn't mentioned on the recent "wear a Rolex backpacking?" Thread. May be we should resurrect it??????
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Although lawn tennis isn't something that really needs accurate timing, unlike the Olympic 100m final. Either way, the brand who pays the most gets the best venues in which to display their logo.
Back to the thread, yes a Rolex wrist watch is over priced. If they under priced everybody would have one.
I renember when youd Never get a whole monster munch in your mouth
If you havent already tried it, have a look for a Baby Ruth, a very nice US import
I was 131 now im 132 :)
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As the some of their parts, all premium brands are ridiculously overpriced. Rolex look after their market and thus their customers. I bought a LVc about 2 years ago for 5K. I could sell it in minutes in SC at that price having worn it for a couple of years and not lose a penny. No, Rolex are not overpriced. You pay for more than just the watch.
Nearly all luxury watches are overpriced, Rolex is underpriced (Daytona)
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Don't talk to me about the size of Quality Street tins .......
It's not the price that stops me buying one personally.
Given how hard it seems to be to buy one, it's fair to say they are underpriced at the moment, although under stocked is another way of looking at it.
Rolex are now arguably Veblen goods and buyers need others to know they are expensive as a signal of wealth. Which could also explain why Rolex have become larger and more gaudy.
That said, Rolex have done a fantastic job of creating faux scarcity on a mass-market item, plus chosen a good set of 'ambassadors' to promote the brand and enhance the cachet.
Omega tried the same game of moving the price point up, but fell down by churning out too many 'special' Speedys and the like.
Last edited by J J Carter; 24th July 2017 at 18:40.
Very overpriced, lol
I've just paid more for a 16710 Pepsi than some people spend on a small car....worth it though!!
No, they are not over priced as their turnover remains as high as the demand.
If you buy a Rolex today and keep it for a few years, the chances are that you will be able to sell it at a price that beats inflation and covers your servicing costs. This is not guaranteed but is, in all fairness, very likely.
Therefore a Rolex will have cost you nothing, and hence could be described as owing a watch for bugger all cost.
Also in this day and age, the cost of a Rolex is hardly going to break anyones bank. It must represent 0.000000000000000000000000001% of your lifetimes expenditure.
Bit of a stupid question really.
Which models specifically ?
Last edited by UKWatchGuy; 24th July 2017 at 19:47.
Actually, if he has a £14k Daytona and she has a £5k lady Datejust that would be 1% of a lifetime's expenditure.
Households in Britain spend an average of £1.9million over the course of a lifetime
I'll get my coat...M&S so 0.03% of my lifetime expenditure.
Last edited by J J Carter; 24th July 2017 at 20:18.
It's always nice to revisit a thread.
Yes.
"Once is happenstance. Twice is coincidence. The third time it's enemy action."
'Populism, the last refuge of a Tory scoundrel'.
I can very easily buy several Rolexes but choose not to, +1 he's a very conceited person hence his name... for him I will wear my Seiko every morning!!!
Well every watch which there's a waiting list for which strikes me as all the steel sports models.
The prices on these could be raised till demand equalled their production numbers but it isn't.
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I'm the same with 124ft sunseekers and faberge eggs
PLEASE don't mention the "V" word around these parts lest you spark another episode!
Or Cadbury Creme Eggs.....
Have you seen how they've shrunk them by raising the base so the tin looks like it's the same size from the top? Scheming shysters.
And just to keep things on topic. Quality street are the movement spacers of the confectionary world.
Or twirl bars
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A Rolex sports watch typically sells Atleast at retail and often fetches the same after using a couple of years
A Seiko SKX007 has a retail price of $450, sells for anywhere between $150-200 and fetches $125 preowned.
You decide which one is overpriced.
If one doesn't understand the relationship between price and value, they should refrain from commenting here.
Rolex is a charity so it would be immoral not to wring the last penny out of buyers.
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