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Last edited by lasz; 27th February 2019 at 13:42. Reason: peer pressure
Call me paranoid but I really don’t think that the comments should be made even in jest (as I know they are) in an open part of the forum.
Someone somewhere is bound to take it seriously which could be damaging to his reputation!
I said "Restricting supply where there is already demand can have the effect of increasing demand." Thats' 1.) "where there is already demand" 2.) "can" (not will) and 3.) "have the effect of"
Please learn to read.
You might be right but that's not what this says:
"Exemplar brands submitting to COSC
Rolex by far submits the largest number of movements to COSC followed by Omega, Breitling, TAG Heuer and Panerai. [25] Breitling submits all movements for certification, but other manufacturers only submit certain models."
Source: https://en.wikipedia.org/wiki/COSC#O...COSC_certified
Thankyou lasz. I understand completely that it was leg-pulling and it's a shame that we have to anticipate how idiots might read something out of context, but it could have been taken the wrong way.
Thankyou also to the gents looking out for me. A free Rolex for each of you *
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* would be lovely, but get real! Thanks all :-)
Look, I'm not trying to be difficult, I see the reasoning behind this and I had edited it, but there having been no ill will in my comment, I don't think it would be unreasonable to continue to exercise my freedom of speech in good faith and within forum rules, which was the case here, until there's been some slightly wider consensus about the implications of my comment beyond the three most vocal - and possibly paranoid - posters.
Your response could be seen as equally telling. Just because a couple of people thought that some trivial thing I'd said as a joke potentially affected another member doesn't mean this is actually the case; in fact, I think it is very far fetched. However, as the fallout of this unlikely scenario would negatively affect someone else, I chose to edit my post to acknowledge that. But I refuse to be told off like a naughty child because I believe both the content and the intention of my words were clear and I continue to stand behind them. True, "I hadn’t seen it that way" - but just because I have come to do doesn't mean my action would automatically comply with what you would've had me do. You yourself suggested in the response to my comment that you may be overreacting - maybe you are, and continue to be.
Yes, the UK housing market is as distorted and dysfunctional as the luxury watch market -- in different ways and for different reasons.
Both are less than full, free and fair; both suffer from greed and investors, both have pitfalls for the unwary, both may be in a bubble -- or at least unsustainable -- phase.
The trouble is people need houses, unlike watches. We have a chronic shortage and we're not building enough. Govt interventions (from selling off council houses to the help to buy scheme) have only made things worse.
I'm uncomfortable with residential property as an investment but, at risk of special pleading, I live in tied-housing (accommodation provided with the job) so I'm glad to be on the property ladder.
I think we may have found something we agree on so I'll stop posting now!
The main culprits are the baby boomers.
We have made an absolute fortune equity wise in the houses we are living in and hell of a lot of us are empty nesters living in four bedroomed houses. We wont give them up and that stifles the market.
The problem will slowly solve itself when we all start dying which is not that far away. We will drop dead in droves and the kids will inherit and the market will return to the first time buyers buying in at the bottom end rather than landlords.
Perhaps the baby boomers are hanging on to their properties because the know that sometime in the future they will need to sell it in order to fund their care in the future, because their children won't.
But I am not sure what this has to do the rise in watch values. A better explanation of this might be demand, caused by a growing aspirational middle class. Which should be considered a good thing, especially if your parents used to work in a rice paddy or go to work on bicycle.
The value of anything is driven by supply and demand. As the demand for rare and desirable items, whether cars, paintings, antiques, jewellery , watches, etc, etc is greater then supply then Prices increase. However the biggest difference between cars and watches, and say antiques, paintings, etc is that they are NOT subject to CGT so they might be a better investment than a Picasso. Plus watches are small and can be moved across borders very easily - perfect if you are laundering money.
Whoever does not know how to hit the nail on the head should be asked not to hit it at all.
Friedrich Nietzsche
It was a special kind of genius for the government to stick a lot of sand in the works of the already inefficient housing market by increasing SDLT rates so significantly. In addition to legal costs you can lose a massive wedge just for the privilege of downsizing. There’s a reasonable case for subsidising downsizing not taxing it. Not working to make most efficient use of current housing stock is ridiculous.
Wow - looks like there's been a bit of a spending spree down at the Royal Arcade:
http://www.juelslimited.co.uk/pages/watches.html
I've just sent them an email:
To: info@juelslimited.co.uk
Just wondered if you’d seen this and would care to comment?
I’m a firm believer in the right to reply and it may be that all your watches are genuine
https://forum.tz-uk.com/showthread.p...3-Fake-Daytona
Regards
Oliver
Edit: it seems to have bounced back?
This message was created automatically by mail delivery software.
A message that you sent could not be delivered to one or more of its
recipients. This is a permanent error. The following address(es) failed:
save to /maildata/mail1/095/da6/juelslimited.co.uk/info/Maildir/
generated by info@juelslimited.co.uk
mailbox is full: retry timeout exceeded
Reporting-MTA: dns; smtp2.hostingweb.co.uk
Action: failed
Final-Recipient: rfc822;/maildata/mail1/095/da6/juelslimited.co.uk/info/Maildir/
Status: 5.0.0
Last edited by Rev-O; 4th March 2019 at 11:34.
This is terrifying... Preowned is seeming less safe by the day!!
Thanks for the information. Now I will be more careful to buy.
That dial looks way off to me, I’m no expert but that seems pretty obvious.
Sent from my iPhone using Tapatalk
Apologies for the slight thread hi-jack, but it seems fairly relevant! Does this look like a replica and if so, what stands out to you? Someone is passing it off as genuine. They may well be right for all I know!
Compare to better image?
https://www.chronext.co.uk/rolex/cos...16515ln/V23444
Appears on many replica sites as well!
Last edited by g40steve; 2nd April 2020 at 17:15.
Definite fake, then?
It probably is a fake, but I haven’t owned a Daytona myself and I cannot see any obvious tells, other than a really dirty crystal! Apologies if I’m coming across as naive. I’m a genuine contributor on here and have bought/sold watches via the sales page ... :)
This isn’t my watch, btw.
No problem. Happy to take some photos if you want to compare.
From a glance, the fitment of the strap to the body looks very poor, face is obviously dirty which is an odd way to sell a watch, the text on the four lines underneath the crown looks uneven ( print weight), shoulders looks marked and the screw downs do not look well defined. But it’s a poor photo!
That picture is terrible quality, but to me it looks like the lume on the hands might be off. It doesn’t seem to in the right location compared to the clearer photo in the link above