7.4% across the board 1-1-2020.
It really is funny watching people get excited about price rises for watches that aren't available for sale.
Guess I better not tell you about the black gmt on jubilee then :)
I`m giving him chance to substantiate his claim.
In the environment I worked in you had to be able to back up your statements with substance to maintain credibility. There's a difference between quoting something you know to be fact, or proven to be fact, and stating an opinion. I`m merely asking why these folks are so confident. Clearly, they either know something the rest of us don't, or they're speculating.
Fact, informed opinion, speculation/guessing........3 different things.
As above, price rise on a brand which cannot supply the market with adequate stock and has it’s AD network displaying thin air in their windows. A few years ago this kind of information would have been relevant, as buyers looked to pick up a model before any price increase but with nothing available, this information becomes unfortunately irrelevant if looking to buy from the AD network. What may be of interest will be the secondary market, normally with a price increase they would increase their stock prices but with what appears to be a flatlining of prices from the ridiculous heights and even what we are seeing a drop, with stock still not flying out of the Secondary dealers windows, we could be heading in the direction of another couple of Rolex RRP increases over the next 18/24mths and Secondary market prices getting closer to each other.
The secondary market is now taking a hit on the limits someone will pay for a steel watch, no matter the supply and no one is in a rush to pay £15k for a GMT or £25k for a Daytona and I can certainly not see these secondary prices rising anymore no matter what the RRP increase Rolex implements.
We will all find out soon enough..
Last edited by KingKitega; 17th December 2019 at 22:38.
Found two interesting items on the interweb.
The first is a rather good chart (with MS-Excelsnd PDF versions) on Rolex prices over the years by model:
https://www.minus4plus6.com/PriceEvolution.php
The other is more an attempt to explain the history of Rolex pricing.
https://beckertime.com/blog/rolex-pr...tory-of-msrps/
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I understand there will be a price increase, but on 2nd January 2020, so i have been told.
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if only they could be bought for those prices....
Because most AD will be shut NYD surely ?
For the record my Pepsi I got last year was made available the day after the price increase, about £350 extra for the AD iirc.
The cynic in me says they had it in stock the few days before and kept hold until the new rrp kicked in .
If it was my business I’d have done exactly the same to be honest.
Not much stock will go out between now and 1st Jan
Seriously?!
Did I miss the WHOOOSH parrot along the way?
I think its nice to see Rolex increasing the prices of their watches as its usually the customer that decides what they are worth!!
RIAC
Good!
I’ve only payed over RRP for one watch, my SD43.
The increase will bring it back into line.
I don't keep an eye on this sort of thing, so was completely unaware of this possibly being in the pipeline.
However, I received my new SD43 today, and can confirm that it is happening.
When collecting it (Mappin and Webb/WOS) I was told that UK Rolex prices were increasing 7.5% at the end of the month.
I asked if they had not already had one this year and was told that the last increase was just over a year a go, and it was 5% that time.
Feel for all of though's who are waiting and affected in the pocket adversely. Makes a pleasant change for me to luck in in such a manner.
Could be due to the rise in GBP against the Euro.