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Old 22 April 2020, 09:18 AM   #1
Bsmith73
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Why does so many people on this site worry about price?

I got into the watch hobby because I liked them. Seems every 10th thread is about how much my watch is worth and did I pay too much. If you need to ask these questions DO NOT BUY WATCHES.
Drives me nuts and is kinda killing the hobby for me.......

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Old 22 April 2020, 09:19 AM   #2
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Sorry for the vent guys.

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Old 22 April 2020, 09:26 AM   #3
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It's not a lot, just a few who are vocal.

They aren't watch hobbyists/enthusiasts, they are deal chasers. Once they have their "deal", they lose interest; then are off again to another "deal".
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Old 22 April 2020, 01:06 PM   #4
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it's not a lot, just a few who are vocal.

They aren't watch hobbyists/enthusiasts, they are deal chasers. Once they have their "deal", they lose interest; then are off again to another "deal".
+1
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Old 22 April 2020, 11:05 PM   #5
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+1
this statement should be flagged its that dumb.
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Old 22 April 2020, 02:26 PM   #6
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It's not a lot, just a few who are vocal.

They aren't watch hobbyists/enthusiasts, they are deal chasers. Once they have their "deal", they lose interest; then are off again to another "deal".
So true. It is not all, only a few

I am new to the forum and I have been reading old posts. I read one member saying how much he loved the Patek 5712/1A and he was ranting ADs were not selling it to him because of flippers. The guy had finally got one and flipped it!
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Old 22 April 2020, 04:58 PM   #7
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If you go back about 5 years we predominantly had watch enthusiasts who wanted to discuss the virtues of different models, there was rarely a post about prices. This a recent phenomenon that only happens on the Rolex forums because the financial situation across the world has bought about a new breed of Rolex investors who aren’t traditional watch collectors but have jumped on the band wagon of buying up the collectable sports models for obvious reasons.
A watch enthusiast will typically have a collection from different brands and write enthusiastically about all of them, this new breed of Rolex Investor will only be interested in Rolex, particularly which model is the most desirable.
Some sweeping generalisations I know but those who have been into watches for more than 5 years will know what I’m talking about.

About two weeks ago I wrote this on the Omega Forum in relation to a Rolex vs Omega thread;

‘I own 4 x Rolex’s and three Omega’s so fair to say they are amongst my favourite brands, I enjoy this Omega forum considerably more however because here everyone talks about watches....on the Rolex forum - particularly with the ‘Johnny come lately’ newcomers to the brand - they are obsessed with talking about prices’.
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Old 22 April 2020, 09:07 PM   #8
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Originally Posted by shalako View Post
If you go back about 5 years we predominantly had watch enthusiasts who wanted to discuss the virtues of different models, there was rarely a post about prices. This a recent phenomenon that only happens on the Rolex forums because the financial situation across the world has bought about a new breed of Rolex investors who aren’t traditional watch collectors but have jumped on the band wagon of buying up the collectable sports models for obvious reasons.
A watch enthusiast will typically have a collection from different brands and write enthusiastically about all of them, this new breed of Rolex Investor will only be interested in Rolex, particularly which model is the most desirable.
Some sweeping generalisations I know but those who have been into watches for more than 5 years will know what I’m talking about.

About two weeks ago I wrote this on the Omega Forum in relation to a Rolex vs Omega thread;

‘I own 4 x Rolex’s and three Omega’s so fair to say they are amongst my favourite brands, I enjoy this Omega forum considerably more however because here everyone talks about watches....on the Rolex forum - particularly with the ‘Johnny come lately’ newcomers to the brand - they are obsessed with talking about prices’.
Agree with almost everything you said except one. There are many here who are Rolex enthusiast only, like myself, who do not own other brands and are devoted collectors of Rolex. While I enjoy seeing other brands, I am interested in acquiring them.
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Old 22 April 2020, 10:58 PM   #9
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Originally Posted by shalako View Post
If you go back about 5 years we predominantly had watch enthusiasts who wanted to discuss the virtues of different models, there was rarely a post about prices. This a recent phenomenon that only happens on the Rolex forums because the financial situation across the world has bought about a new breed of Rolex investors who aren’t traditional watch collectors but have jumped on the band wagon of buying up the collectable sports models for obvious reasons.
A watch enthusiast will typically have a collection from different brands and write enthusiastically about all of them, this new breed of Rolex Investor will only be interested in Rolex, particularly which model is the most desirable.
Some sweeping generalisations I know but those who have been into watches for more than 5 years will know what I’m talking about.

About two weeks ago I wrote this on the Omega Forum in relation to a Rolex vs Omega thread;

‘I own 4 x Rolex’s and three Omega’s so fair to say they are amongst my favourite brands, I enjoy this Omega forum considerably more however because here everyone talks about watches....on the Rolex forum - particularly with the ‘Johnny come lately’ newcomers to the brand - they are obsessed with talking about prices’.
I am one of those newcomers but I could care less about price. I wouldn't call myself a watch enthusiast but someone who's enthusiastic about his watch. I work in the industrial robotics world as a technical field service engineer. I love something well designed and engineered. Maybe this is my draw to the Rolex brand. Also my parents both had Rolexes from the early 60s. I love the discussions regarding details about watches because this allows me to learn more intimately about a watch. Posts regarding price doesn't get much attention from me because I'm not here because I'm curious about a price. Yes, I know what the MSRP of certain watches I may consider purchasing in the future. I also know the prices from the grey market. For me if I want something I know the range I'm willing to spend that I can live with. If something I want falls within that I'm happy. If not I keep searching.

I agree it is much more interesting talking about the details of the product or the passion of collecting. Any jealousy, envy or anger anyone has because of someone else's collection is sad to see. I can understand those who state seeing a shift in focus from the product itself to the price of the product. As for me, I'm about the product.
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Old 22 April 2020, 09:01 PM   #10
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It's not a lot, just a few who are vocal.

They aren't watch hobbyists/enthusiasts, they are deal chasers. Once they have their "deal", they lose interest; then are off again to another "deal".
Exactly, they are chasing a commodity likely without the funds to purchase it so the deal becomes more important than the product.
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Old 22 April 2020, 10:10 PM   #11
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It's not a lot, just a few who are vocal.

They aren't watch hobbyists/enthusiasts, they are deal chasers. Once they have their "deal", they lose interest; then are off again to another "deal".
True point...
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Old 23 April 2020, 08:58 AM   #12
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Originally Posted by Tools View Post
It's not a lot, just a few who are vocal.

They aren't watch hobbyists/enthusiasts, they are deal chasers. Once they have their "deal", they lose interest; then are off again to another "deal".
Not a lot? Are you in denial it’s 50% of the topics unfortunately.
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Old 22 April 2020, 02:56 PM   #13
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Originally Posted by Bsmith73 View Post
I got into the watch hobby because I liked them. Seems every 10th thread is about how much my watch is worth and did I pay too much. If you need to ask these questions DO NOT BUY WATCHES.
Drives me nuts and is kinda killing the hobby for me.......

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Quote:
Originally Posted by Bsmith73 View Post
Sorry for the vent guys.

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Pricing is part of this hobby, which I’ve enjoyed for 25 years, And a truly fascinating part of it for a lot of true watch enthusiasts like me. If you don’t like that part of it, slide over those posts And don’t participate in them. It’s an interesting position you take that others need to enjoy the hobby the same way you do, or they should get out of the hobby.


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Old 22 April 2020, 09:26 AM   #14
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These are difficult times. A little venting is good.

I like to know my resale value as well but agree it can certainly seem to go against the grain of collecting out of love of these pieces.

Be well, good sir.
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Old 22 April 2020, 09:27 AM   #15
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Most of those types of posters here were probably stretched thin when they made their purchase so the dollar aspect of it drives them crazy. They need strangers to confirm to them they made a good decision to ease the pain of draining their bank account.

Just a theory. :)
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Old 22 April 2020, 09:42 AM   #16
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Most of those types of posters here were probably stretched thin when they made their purchase so the dollar aspect of it drives them crazy. They need strangers to confirm to them they made a good decision to ease the pain of draining their bank account.

Just a theory. :)
Spot on.
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Old 22 April 2020, 09:49 AM   #17
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Most of those types of posters here were probably stretched thin when they made their purchase so the dollar aspect of it drives them crazy. They need strangers to confirm to them they made a good decision to ease the pain of draining their bank account.

Just a theory. :)
I think you nailed it. A lot of people spending more than they really should...under a bad set of assumptions.
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Old 22 April 2020, 09:29 AM   #18
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Agree, at the end of the day something is only worth what someone will pay for it...

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Old 22 April 2020, 09:30 AM   #19
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Everybody likes to save money regardless how much one has.
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Old 22 April 2020, 02:49 PM   #20
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Everybody likes to save money regardless how much one has.

This


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Old 22 April 2020, 09:32 AM   #21
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Good theory...I bought mine and it puts a smile on my face value=priceless
114060 always wanted a subby thats all it took to make me happy.

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Old 22 April 2020, 09:36 AM   #22
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I posted a question about value today, and don't think I'm in a bad financial position at all. Telling someone "don't buy a watch if you care so much about the price" reminds me of real scummy car dealers that try to make you feel like you can't pull the trigger.

It's not like people can buy these like candy. Money is money, and maybe it's not hard for you to let go of it, but if I'm going to lay down 7k+ on a watch you better believe I'm going to do my research and try to get the best price I can.

If you can afford to pay MSRP go ahead and do it, somebody's gotta subsidize the ADs so I can try on watches.
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Old 22 April 2020, 09:39 AM   #23
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I posted a question about value today, and don't think I'm in a bad financial position at all. Telling someone "don't buy a watch if you care so much about the price" reminds me of real scummy car dealers that try to make you feel like you can't pull the trigger.

It's not like people can buy these like candy. Money is money, and maybe it's not hard for you to let go of it, but if I'm going to lay down 7k+ on a watch you better believe I'm going to do my research and try to get the best price I can.

If you can afford to pay MSRP go ahead and do it, somebody's gotta subsidize the ADs so I can try on watches.

+1 Agree,
We need to do some research before we pull the trigger, specially on Pre Owned SS model.


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Old 22 April 2020, 09:44 AM   #24
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I agree and the below is worth a read...should hopefully start seeing less of these types of threads because of the decision made by Steve and the mods.


Thank you Steve and Moderators
https://r.tapatalk.com/shareLink/top...ink_source=app
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Old 22 April 2020, 09:49 AM   #25
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Look at it this way for the one worried about value this value that.....you buy a car say 30 to 40k drive it for 10 years how much is it worth....does not stop you from buying said car think about it.

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Old 22 April 2020, 09:58 AM   #26
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I got into the watch hobby because I liked them. Seems every 10th thread is about how much my watch is worth and did I pay too much. If you need to ask these questions DO NOT BUY WATCHES.
Drives me nuts and is kinda killing the hobby for me.......

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If a person is concerned about what they are spending then that is an issue with them and nobody should fault or ridicule that person. I see absolutely no issue with that. For many people purchasing a Rolex, their first Rolex, is a dream come true. Also, many do not have the financial means to purchase more than one yet they chose to purchase one. Some are trying to maximize their money. Again, nothing wrong with that. Instead of demeaning a person like that why not celebrate that. If anyone, including the OP, is driven "nuts" because of this then simply scroll past the post.

Maybe I am venting because during such difficult financial times this thread seems to be taking the tone of entitlement. Why not try to show some compassion.
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Old 22 April 2020, 10:26 AM   #27
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Maybe I am venting because during such difficult financial times this thread seems to be taking the tone of entitlement. Why not try to show some compassion.
Fair enough, but if someone mentioned a dealer having a fire sale at the moment everyone on here would be on them like stink on $hit!

There's no entitlement. Someone always needs to sell a luxury good. Likewise, someone's always willing to purchase said goods.
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Old 23 April 2020, 08:30 AM   #28
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If a person is concerned about what they are spending then that is an issue with them and nobody should fault or ridicule that person. I see absolutely no issue with that. For many people purchasing a Rolex, their first Rolex, is a dream come true. Also, many do not have the financial means to purchase more than one yet they chose to purchase one. Some are trying to maximize their money. Again, nothing wrong with that. Instead of demeaning a person like that why not celebrate that. If anyone, including the OP, is driven "nuts" because of this then simply scroll past the post.

Maybe I am venting because during such difficult financial times this thread seems to be taking the tone of entitlement. Why not try to show some compassion.
Wrong. There is a dedicated Forum for "what it's worth .." or so, for these posts.
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Old 22 April 2020, 10:09 AM   #29
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@robot I am not ridiculing any one for their purchace just keep the value part of it out enjoy your watch thats what you bought it for sorry you took it the wrong way buddy times are wierd and I am in no way entitled I am a Production Manager in a sign shop...

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Old 22 April 2020, 10:20 AM   #30
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@robot I am not ridiculing any one for their purchace just keep the value part of it out enjoy your watch thats what you bought it for sorry you took it the wrong way buddy times are wierd and I am in no way entitled I am a Production Manager in a sign shop...

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I get what your saying. If I were to make a purchase here (which will most likely happen in the future) I certainly will not make a reference about price. If I have a concern I'll take that to the seller, whether AD, GM or individual. I may have read what you were posting in a way not intended. My apologies if I did.

Cheers!
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