Might not be best place to put this but be extremely vigilant when travelling to south of France. Nice Monaco area. We were gassed in our villa and robbed. 3 Rolexes were stolen along with cash. I’ll update serial numbers later. Never thought anything like this would happen to us. Just be careful out there. Organised crime is on another level.
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Milgauss pricing is very interesting and I personally believe some in the trade have got it wrong. Before the withdrawal announcement I was looking to buy and you could buy the Z Blue in mint condition, some even fully stickered up for a little over £9k. Following the announcement several dealers withdrew all their listings of Milgauss for sale while they clearly considered how much of a jackpot it was to them.
When the same watches were relisted most were £2k to £3k more expensive than they were previously. Now the same thing happened a number of years back when the SD4000 was withdrawn, they were snapped up overnight and prices went on to double a number of years later.
This has not happened with the Milgauss as loads are available, but the prices have not fallen back yet. A discontinued SD is always likely to cause more of a sensation than a discontinued Milgauss so the key question is, when will the prices return to where they should be.
Sorry to hear that. Hope you are all okay?
I’ve read about that a few times in the SOF and parts of Spain I think in the last few years. Not sure but think it might have happened to Piers Morgan a couple of years ago.
We’ve just had a week near Entibe in a villa and that crossed my mind before going.
I was on holiday in Gran Canaria a couple of weeks ago in a German owned hotel and with most guests being German. The Milgauss was the single most popular Rolex I saw I was quite surprised!
Last edited by Alansmithee; 7th August 2023 at 20:20.
Margin ? Do you mean percentage of purchase price is the same for every watch and that is the margin the dealer works on or does that margin change depending on the watch . As my understanding would be a Daytona in steel would have at least a 100% mark up but Dj would not .
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I sold a watch the other week, that watch is now listed for sale by the dealer for £4.5k more than they paid me. Too be fair, the dealer offered me more than I was asking on SC, so no complaints.
My favourite two watches by miles are the D-Blue and Sub ND. I had the SD43 and 6 months after I bought it I barely wore it. Not keen on half measures or a fork in the road but appreciate everyone is different.
The case is thin but the caseback is chunky. It needs slimming down a bit there, the cyclops needs removing, then upgrade the sapphire with the AR.
The amount of froth in this thread and others is a clear indication that the pent up demand for Rolex is going nowhere. As soon as AD prices approach RRP there will be a feeding frenzy, particularly on SS Professional lines.
And as for this YouTuber and others of his ilk, why do they all look and sound like ex cons. They all present like dodgy second hand car salesmen. Market, market, market......yawn.
Rolex is, unwittingly, developing a massive image problem a la Burberry.
Maybe for some models, but a lot of buyers are heavily influenced by ‘asset value’ (rather than investment), knowing that they can easily sell their trinket when the boiler or the Audi needs some serious work. Once that safety net is removed many will fear taking the plunge. Clearly on here there are those who collect £10k-£30k watches for fun and clearly they won’t be worrying about such things.
Just as the money men may be moving on, so will those who worry about the value and instant saleability of their watches. As always, several layers, money men, now hopefully moved on. Those with deep pockets, who don’t give a shit either way and those who perhaps shouldn’t be playing hopscotch in a minefield.
I’ll leave it you to decide which camp you fall into.
If market conditions become such that most flippers are scared off, supply for many models will be much closer to demand. Flippers have been a big part of the demand for a few years now, as witnessed by the number of new models you (still currently) see on eBay, WF, C24, etc.. Not saying that AD windows will be full of Professional models but they might be available with a reasonable wait.
I know that I fall in to the camp that doesn't care about future values. Why would I? I bought what I bought because I considered it affordable at the time and because I like collecting nice watches and Rolex are undoubtedly very nice watches if you like upper middle market, sporty, mass produced icons and are not so taken with high horology.
I have just picked up a Seiko SJE093 62MAS reissue and that has me far more enthralled than any Rolex in my collection. Something about the simplicity, purity and lack of conceit has me hooked.
This is one of the dials I want to see in Rolex
RIAC
I was speaking metaphorically using examples as a trope. I am generalising that many of the you tube oracles telling us about the Rolex Market both here and in the States appear to me as rather unsavoury characters. Let me cite Paul Thorpe as a sort of central embodiment. I am sure Rolex would never use him as an official ambassador.
That’s fine, I just got the impression that you think someone with tattoos and straight talking is not as desirable as someone in a suit well spoken because I can assure you that the most unsavoury people are those who wear a costume and pretend they are delightful to you whereas the ‘unsavoury’ you refer to are in the main some of the best and straightest talking people you will meet.
You have the immaculate Rolex denying you a product you wish to buy in the ivory tower with all the trimmings giving you zero information of f**ks and a genuine straight talking grey dealer explaining exactly how it is right now for the majority of the market and they appear ‘unsavoury’. !! To even suggest that the Burberry effect is polluting Rolex is naive, the Burberry market and profits are made up of a large demographic and they are not all posh and polished types, the same is true of Rolex it is by no means an ‘Elite’ product and believing that or wishing that to be true is ridiculous - My Opinion
RIAC
Look these are fair points.
My comments were somewhat throwaway and not intended to be picked apart forensically.
I enjoy you contributions on here and am aware you have a lot of trade experience so lets move on and get the thread back on track.
Last edited by petay993; 8th August 2023 at 18:37.
Yeah you don't have to make polite conversation with dull false wannabe fucks
RIAC