Impact of Coronavirus on the Watch Market

[turbomolwi]

Received call from goldsmiths today that my rootbeer has arrived from the depths of their safe and ready if i am interested . 50% deposit and remaining 50% when shops open and collection.

Anyone else got call regards this approach ?

[Boss13]

Received call from goldsmiths today that my rootbeer has arrived from the depths of their safe and ready if i am interested . 50% deposit and remaining 50% when shops open and collection.

Anyone else got call regards this approach ?

Which part of the country are you in?

Very interesting as I too had a call about my root beer being ready today!,

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[turbomolwi]

Northwest . Wonder where all this stock suddenly comes from . Stashed in safes With AD or Rolex UK delivered their stocks to AD ?
Saw some posts on fb groups aswel that people are getting contacted by AD for certain watches .

Which part of the country are you in?

Very interesting as I too had a call about my root beer being ready today!,

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[Der Amf]

If you had to pick one month not to pay a deposit and hope that nothing would interfere.....

[bokbok]

I got the same call last week from a mobile number saying your bi metal Daytona is in 50% deposit now to hold it and 50% once open and collected,
So let me get this right 7k now and in one or two or three months if not longer collect the watch. How do I pay? give card details over for 7k ?
To a mobile number

I sacked it felt WOS just trying to rake up money for when the they open clever really while they are closed

It's not right time to peel 7k for Daytona bi metal and wait months to have, I said give me a call when open and will seen what position I am in. She said plenty on list for that particular watch I said fine not a problem At all

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[RustyBin5]

50% now and 50% IF the stores ever reopen.

Damn sure I wouldn’t spunk 50% deposit on that particular gamble. Bigger retailers than Goldsmiths will go to the wall due to Corvid. Care required.

[petay993]

Northwest . Wonder where all this stock suddenly comes from . Stashed in safes With AD or Rolex UK delivered their stocks to AD ?
Saw some posts on fb groups aswel that people are getting contacted by AD for certain watches .

A few watches held for preferred customers who then declined, hastily pulled from the safes with home working staff being given the task of working their way down the lists for 50% up front to support cash flow.

Will be a bit of a thankless task imo with most sensible people realising that spunking 50% on a 12k piece for collection "when things get back to normal" is not the wisest move right now.

[Billy4389]

A few watches held for preferred customers who then declined, hastily pulled from the safes with home working staff being given the task of working their way down the lists for 50% up front to support cash flow.

Will be a bit of a thankless task imo with most sensible people realising that spunking 50% on a 12k piece for collection "when things get back to normal" is not the wisest move right now.

I think it depends on the watch in a few cases, I don’t think they would have to ring many to secure a 50% on a steel Daytona, but I agree with some of the others they may not have as much joy. How times have changed from us ringing them ..to them ringing us for business !


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[bokbok]

A few watches held for preferred customers who then declined, hastily pulled from the safes with home working staff being given the task of working their way down the lists for 50% up front to support cash flow.

Will be a bit of a thankless task imo with most sensible people realising that spunking 50% on a 12k piece for collection "when things get back to normal" is not the wisest move right now.

Hence why I told them to whistle

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