The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Watch Forum > Rolex & Tudor Watch Topics > Rolex General Discussion
Reload this Page June 1st Price Increases
Register FAQ Calendar

Reply
Page 1 of 2 1 2
 
Thread Tools Display Modes
Old 25 May 2024, 09:12 PM   #1
Neil McCauley
"TRF" Member
 
Neil McCauley's Avatar
 
Join Date: Nov 2023
Location: United Kingdom
Posts: 243
June 1st Price Increases
Confirmed by my AD - this is in the UK so please note may not be worldwide.



It is an interesting move from Rolex to increase prices on the most pieces they are likely selling the least of right now.

EDIT: - Sorry for the humungous screenshot lol
Neil McCauley is online now   Reply With Quote
Old 25 May 2024, 10:43 PM   #2
1William
2024 ROLEX DATEJUST41 Pledge Member
 
Join Date: Nov 2010
Location: North Carolina
Watch: Rolex/Others
Posts: 45,511
Which brand is this on?
1William is offline   Reply With Quote
Old 25 May 2024, 10:46 PM   #3
Neil McCauley
"TRF" Member
 
Neil McCauley's Avatar
 
Join Date: Nov 2023
Location: United Kingdom
Posts: 243
Quote:
Originally Posted by 1William View Post
Which brand is this on?
Rolex, naturally. Datejust mentioned in the screenshot
Neil McCauley is online now   Reply With Quote
Old 25 May 2024, 10:59 PM   #4
Mr Ben
"TRF" Member
 
Join Date: Sep 2022
Location: UK
Watch: 226570
Posts: 770
Had you inquired about a yellow gold watch by any chance? Or been offered one and considering your decision?

I have no reason to doubt what you’re sharing but I’m always sceptical of AD motives with stuff like this.
Mr Ben is offline   Reply With Quote
Old 25 May 2024, 11:06 PM   #5
Neil McCauley
"TRF" Member
 
Neil McCauley's Avatar
 
Join Date: Nov 2023
Location: United Kingdom
Posts: 243
Quote:
Originally Posted by Mr Ben View Post
Had you inquired about a yellow gold watch by any chance? Or been offered one and considering your decision?

I have no reason to doubt what you’re sharing but I’m always sceptical of AD motives with stuff like this.
No, my AD just keeps me up to date on recent or upcoming events (where he can!)
Neil McCauley is online now   Reply With Quote
Old 25 May 2024, 11:22 PM   #6
Orangejoe
"TRF" Member
 
Join Date: May 2013
Location: PA, USA
Posts: 283
But no one is paying full retail for gold pieces at the AD even today. Right?
__________________
Truth be told today many don't wear a watch, they just wear the brand. -padi56
Orangejoe is offline   Reply With Quote
Old 25 May 2024, 11:49 PM   #7
Neil McCauley
"TRF" Member
 
Neil McCauley's Avatar
 
Join Date: Nov 2023
Location: United Kingdom
Posts: 243
Quote:
Originally Posted by Orangejoe View Post
But no one is paying full retail for gold pieces at the AD even today. Right?
Perhaps this is why

If those who are buying are getting a % discount, makes sense for Rolex to up the RRP I suppose.

But even then, does it make full gold pieces even less attractive to buy?
Neil McCauley is online now   Reply With Quote
Old 25 May 2024, 11:52 PM   #8
996marty
"TRF" Member
 
996marty's Avatar
 
Join Date: May 2019
Location: Uk
Watch: RolexGMT/Tudor7928
Posts: 3,106
It makes sense for them to put up the rrp
996marty is offline   Reply With Quote
Old 26 May 2024, 01:50 AM   #9
TimepieceRPP
"TRF" Member
 
Join Date: Jun 2021
Location: UK
Posts: 1,118
........... again...
TimepieceRPP is offline   Reply With Quote
Old 26 May 2024, 08:15 AM   #10
harvey
"TRF" Member
 
harvey's Avatar
 
Join Date: Apr 2008
Location: rolexforums.com
Posts: 5,398
…I love a good price increase.
__________________
And ever has it been that love knows not its own depth until the hour of separation.
harvey is offline   Reply With Quote
Old 26 May 2024, 09:40 AM   #11
chro.nic
"TRF" Member
 
chro.nic's Avatar
 
Join Date: Feb 2019
Real Name: .nic
Location: Toronto
Posts: 409
We had a pretty hefty increase in Canada this January 1st.

.nic
chro.nic is offline   Reply With Quote
Old 26 May 2024, 09:26 PM   #12
Smurf_75
"TRF" Member
 
Join Date: Aug 2021
Location: UK
Posts: 230
Got told similar at an AD, yesterday..... that's going to put more pressure on them, surely? anyone else feel the price increases are perpetuating the downturn? My AD had loads of two tone and solid gold in stock.
Smurf_75 is offline   Reply With Quote
Old 26 May 2024, 09:35 PM   #13
Kinnakeet
"TRF" Member
 
Kinnakeet's Avatar
 
Join Date: Jun 2012
Real Name: Michelle
Location: Canada/Florida
Watch: WG Breguet Typexx
Posts: 2,780
Quote:
Originally Posted by chro.nic View Post
We had a pretty hefty increase in Canada this January 1st.

.nic
That was a lot.
Kinnakeet is offline   Reply With Quote
Old 26 May 2024, 09:47 PM   #14
Harry-57
2024 Pledge Member
 
Harry-57's Avatar
 
Join Date: Apr 2018
Real Name: Harry
Location: England
Posts: 9,896
Quote:
Originally Posted by Smurf_75 View Post
anyone else feel the price increases are perpetuating the downturn?
It's likely going to perpetuate the need to give discounts on gold watches, although I'd be asking for one anyway and expecting to get a decent slice off a PM watch.
Harry-57 is offline   Reply With Quote
Old 26 May 2024, 09:48 PM   #15
SAP7
"TRF" Member
 
Join Date: Aug 2022
Location: UK
Posts: 95
Is this a blanket increase?
I’m waiting on an LV this year. Included??
SAP7 is offline   Reply With Quote
Old 26 May 2024, 09:49 PM   #16
tacotaco
"TRF" Member
 
tacotaco's Avatar
 
Join Date: Aug 2013
Location: KCMO
Watch: Daytona C - Black
Posts: 417
Was offered a RG olive DD at MSRP no discount tho
tacotaco is offline   Reply With Quote
Old 26 May 2024, 11:44 PM   #17
Neil McCauley
"TRF" Member
 
Neil McCauley's Avatar
 
Join Date: Nov 2023
Location: United Kingdom
Posts: 243
Quote:
Originally Posted by SAP7 View Post
Is this a blanket increase?
I’m waiting on an LV this year. Included??
Sorry, seems my screenshot has been removed for some reason.

Neil McCauley is online now   Reply With Quote
Old 27 May 2024, 12:33 AM   #18
scooba
2024 Pledge Member
 
Join Date: Oct 2008
Location: Europe
Watch: Anything
Posts: 2,528
Good ! Wish it was more tbh
scooba is offline   Reply With Quote
Old 27 May 2024, 12:39 AM   #19
brandrea
2024 Pledge Member
 
brandrea's Avatar
 
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 74,699
Quote:
Originally Posted by chro.nic View Post
We had a pretty hefty increase in Canada this January 1st.

.nic
Currency related no doubt
brandrea is offline   Reply With Quote
Old 27 May 2024, 01:16 AM   #20
SAP7
"TRF" Member
 
Join Date: Aug 2022
Location: UK
Posts: 95
Says price increase on gold. Then quotes for all metals.
So a Sub LV is going to hit me an extra 1% ?
SAP7 is offline   Reply With Quote
Old 27 May 2024, 01:54 AM   #21
OTX
"TRF" Member
 
OTX's Avatar
 
Join Date: Oct 2012
Location: Twilight Zone
Posts: 523
Quote:
Originally Posted by SAP7 View Post
Says price increase on gold. Then quotes for all metals.
So a Sub LV is going to hit me an extra 1% ?
I think it’s 1% for steel datejusts. For the Sub, I believe the message said 3%. If I had to guess, the MSRP of the Sub LV will go from $10800 to somewhere around $11200 so about a 3-4% increase starting June.
OTX is offline   Reply With Quote
Old 27 May 2024, 01:56 AM   #22
SAP7
"TRF" Member
 
Join Date: Aug 2022
Location: UK
Posts: 95
Ahhh yeah. 3 percent.
Damn.
SAP7 is offline   Reply With Quote
Old 27 May 2024, 02:36 AM   #23
worldofoyster
"TRF" Member
 
worldofoyster's Avatar
 
Join Date: Nov 2019
Real Name: Vincent
Location: 215
Watch: SS Sub
Posts: 1,945
Not surprise
worldofoyster is offline   Reply With Quote
Old 27 May 2024, 04:54 AM   #24
Cgill1982
"TRF" Member
 
Join Date: Sep 2019
Location: UK
Posts: 174
Only coincides with the price of gold!
Cgill1982 is offline   Reply With Quote
Old 27 May 2024, 04:58 AM   #25
SLWoodster
"TRF" Member
 
Join Date: Apr 2019
Location: California
Watch: GMT BLNR
Posts: 1,276
everyone still is.

Quote:
Originally Posted by Orangejoe View Post
But no one is paying full retail for gold pieces at the AD even today. Right?
SLWoodster is offline   Reply With Quote
Old 27 May 2024, 05:55 AM   #26
enjoythemusic
2024 Pledge Member
 
enjoythemusic's Avatar
 
Join Date: Nov 2012
Real Name: Steven
Location: Glocal
Posts: 19,835
The Swiss Franc (and gold) is doing nicely, sorry to hear your country's downward trend is getting worse faster.
__________________
__________________

Love timepieces and want to become a Watchmaker? Rolex has a sensational school.
www.RolexWatchmakingTrainingCenter.com/

Sent from my Etch A Sketch using String Theory.
enjoythemusic is offline   Reply With Quote
Old 27 May 2024, 06:40 AM   #27
Mr Ben
"TRF" Member
 
Join Date: Sep 2022
Location: UK
Watch: 226570
Posts: 770
That’s the usual story but the pound is the strongest it’s been for a couple of years against the Swiss franc just now.

For once it’s not our pounds now being worth pennies. More likely the price of gold.
Mr Ben is offline   Reply With Quote
Old 27 May 2024, 06:46 AM   #28
THC
2024 ROLEX DATEJUST41 Pledge Member
 
THC's Avatar
 
Join Date: Jun 2013
Real Name: Tom
Location: Mandeville La
Watch: 16610M
Posts: 10,533
Does it really matter? Most all of us cannot buy at MSRP anymore anyway
THC is offline   Reply With Quote
Old 27 May 2024, 01:59 PM   #29
scooba
2024 Pledge Member
 
Join Date: Oct 2008
Location: Europe
Watch: Anything
Posts: 2,528
Quote:
Originally Posted by scooba View Post
Good ! Wish it was more tbh
Just bought a 116509 last week , £37200 does that mean I now own a £38500 and I have made £1500 ? �� joke
scooba is offline   Reply With Quote
Old 27 May 2024, 10:42 PM   #30
scooba
2024 Pledge Member
 
Join Date: Oct 2008
Location: Europe
Watch: Anything
Posts: 2,528
UK Price increase it was sent out to the AD last Friday 24th May .

Effective from June 1st my AD told me !
scooba is offline   Reply With Quote
Reply
Page 1 of 2 1 2

« Previous Thread | Next Thread »

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Wrist Aficionado

Takuya Watches

Asset Appeal

My Watch LLC

OCWatches

DavidSW Watches


*Banners Of The Month*
 This space is provided to horological resources.



Contact Us - The Rolex Forums - Archive - Top


Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.