Is anyone buying now?

[Bladeshot]

Originally Posted by Patton250

We have a trip planned to Saint Augustine next week as part of spring break. My wife has informed me that unless we have a nuclear strike against us we are going.



I would’ve used any excuse to get out of it but let’s face it she’s in charge.

Now, that’s funny, Brett! I’m a chauffeur and have no say, either.

[Bladeshot]

One could argue this any way they want. No vacation/trips means more disposable $ to spend.

I doubt it will really change anything, other than a drop in Asia’s demand, which could mean a few more make their way to the west.

[Santiago79]

That does not affect my buying at all... Life still goes on.
Only a hurricane or something like that could stop me from buying

[TurboTim14]

I would still make a purchase at an AD if something I wanted was offered at MSRP. But I will be holding off on any grey market purchases as the market seems to be softening a bit.

[Mr. Miami]

I would say this virus will not affect me buying my first Rolex. I graduate college on roughly 7.5 weeks and want a Rolex to remember my accomplishment. I think only a hurricane or a nuclear war would stop me. I’m also not worried about the stock market (yet) as I won’t be opening an IRA till I start my job in June. But I’m in it for the long haul.

[schoolboy]

I feel like people on a list for a hot watch probably can afford it (hopefully) so they aren’t freaking out about this virus

I sincerely hope all goes well for us though!

Scary world


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[beshannon]

Originally Posted by sp006

Trip to Italy is most likely going to be cancelled

I am more concerned about being able to visit Italy in October than watches

[Nikrnic]

I just bought two good deals, private sellers, no Rolex, and none on my radar right now, at least no new ones.

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[sp006]

Originally Posted by beshannon

I am more concerned about being able to visit Italy in October than watches

Experiences are worth more than any watch can provide.


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[beshannon]

Originally Posted by sp006

Experiences are worth more than any watch can provide.


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Absolutely

[Peckinpah]

Originally Posted by RFBHD

I am in SW FL for 3 months.... found a Sub with one phone call to my favorite AD down here..... picked it the up the next day.. no mask no gloves!!! Ill be back for the the next Daytona or GMT that rolls in!!! No virus will stop my watch hunt!!! And the fishing is great too!

Headed down that direction soon, couple AD’s in that area to check out for a sub


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[Tavli3]

Originally Posted by RFBHD

I am in SW FL for 3 months.... found a Sub with one phone call to my favorite AD down here..... picked it the up the next day.. no mask no gloves!!! Ill be back for the the next Daytona or GMT that rolls in!!! No virus will stop my watch hunt!!! And the fishing is great too!

Catch any Snook?

[904VT]

Originally Posted by Tavli3

If I get the call, I'm buying. Maybe with mask and gloves but I'm buying. No one knows what's happening with shipments to hard hit countries or what will happen. Rolex could be holding their orders for all we know and the availability will not get better here. It's still very early.

I'll trade my opportunity for my watch to see this virus stuff over with. Lot of good a watch is going to do me if I'm on a ventilator!

You bring up a good point and it's probably what is happening. You have to think that Rolex makes a good bit of inventory and partially completed inventory way in advance. So this just means they have inventory ready early now that they can distribute/allocate later on. Perhaps now a slow trickle as they hoard inventory to support the secondary market. Rolex DOES care about secondary pricing bc it impacts the sales of new watches.

[enginerd]

Originally Posted by sp006

Trip to Italy is most likely going to be cancelled but it hasn’t changed my willingness to purchase if my AD gives me a call. As most have mentioned, cash has been set aside specifically for this purpose.


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Same boat. We booked France and Italy for May a couple months ago, but if everything's closed...I'm sure we'll cancel as well.

As far as buying: Well, I'm in oil & gas and prices have tanked. So yeah, I'm in saving mode & definitely not buying mode.

I guess I'll just sit at home and enjoy what I have.

[Nikrnic]

I heard there are 30% discounts on many mid tier luxury brands at airports due to very slow traffic. Not affecting Rolex or trinity.
I was looking at a new Planet Ocean but instead bought a used 2018 PO and a NTH diver, both from private sellers.
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[tle156]

I’d wait to see. According to what I see in this forum and maybe the newspaper, you guys may care less about the Corona virus than people in my country. In Vietnam, so far we have had 39 cases and thanks god there hasn’t been anyone died because of the virus yet. But recent days, the only thing people see on the TV, the internet or discuss with each other ALL about the Corona virus. The F&D and travel/tourism sector is in a VERY big trouble. The traffic used to be terrible in Hanoi during rush hours now people tend to stay home and try to avoid going out if unnecessary. Even my office requested all employees to work from home for this whole week before any further notice. A small story to share the public opinion can be very different between each country. I do not want another recession but it has come very close now.

[APPRF]

Nothing will stop me buying if I get a call from AD. I would even travel to get the watch.

[travisb]

No concerns here.

[fed_fan]

Have to say the comments on this thread are fairly glib. Think a lot of people here are projecting more wealth than they have.

U.S. is likely already in a recession on a run-rate basis...will be interesting to refer back to this post down the road.

[037]

Originally Posted by fed_fan

Have to say the comments on this thread are fairly glib. Think a lot of people here are projecting more wealth than they have.

U.S. is likely already in a recession on a run-rate basis...will be interesting to refer back to this post down the road.

You label posts as being glib then follow it up with a glib statement of your own.

Well done.

We're talking about luxury items here. No one needs them. It's fairly easy to not be concerned one way or the other.

[H25B]

Few of us on this forum would pass on the chance to own what we want. But we ignore the reality that others will. Sort of an arrogance and/or ignorance goes on with these discussions. The legions of small time flippers who rove around hoping to score a quick buck will be thinned out big time. The economy slows down and the watch buying herd will be culled.

My AD is suddenly a lot more optimistic about having a Pepsi for me, and I’m small potatoes. We shall see, and I really hope I’m wrong.

[Phooi]

I would buy if the opportunity was there.

[sp006]

Employment rate hasn't yet faltered the way the equities markets are....this becomes a much different question if lots more people are losing their jobs instead of their unrealized losses in the stock market.


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[Sigsauer01]

Doesn't affect me, I buy when I'm in the mood, I just paid for an Oyster Perpetual 31mm index black dial, index, oystersteel bracelet, smooth bezel, now, just waiting for it to arrive. I like the simplicity and symmetry of the watch.

[Andrejb]

I am going to London in April and had tickets and accommodations booked for Basel this year (that is not happening) lol

If I get a call for the hulk I’m on list for I am buying it

[alphadweller]

If I get the call for a Pepsi, I'll ask the AD to post it. Not feeling like going downtown to catch sars-cov-19.

We're about to be quarantined, currently in contention phase (public events cancelled; schools, colleges and universities closed). My employer has asked me and my colleagues to work from home. Cases of people infected are doubling every 3 days and I'm in a hotspot. A hospital nearby was "overwhelmed" with only 9 patients turning up with the virus, they had to ask for help from other hospitals, ridiculous. Apparently covid-19 patients need to be in complete isolation from others which is not always possible logistically.

Nah, I'm staying home for a while, only going out to shop for grocesseries when necessary and to walk in open spaces in the countryside. I'll keep interaction with other people to a minimum for a couple of weeks, the incubation period.

After that back to normal, hopefully. "Ojalá" as we say.

[BillA]

Thank you for all the posts and good thoughts. I personally think that the longer this thing goes, the more we will think and double think about spending money on luxury goods.
Although you may buy a watch with money in your checking account not your mutual fund account, you have to at least give it some notice.

I hope all stay well, and that if a hard to get piece comes your way, you will do what you need to do.

[slus]

It has definitely slowed buying at my local dealer, I couldn't get the time of day from them last year and have been called twice in the last month with zero buying history. Neither call motivated me to buy either though (already bought DSSD elsewhere, passed on SD43)

[Simon_jrees]

I would be buying if I could get my hands on the other Rolex I want, submariner... without the date or a bluesy.

[LigerBelair]

Originally Posted by BillA

The Coronavirus has been on all of our minds.....employment, travel, buying and selling of goods, supply, etc.

I was wondering if anyone is delaying the purchase of a watch if the AD was to call with a watch that you have been trying to get for a while?

I have limited my travel, large groups. I am on a waitlist at a few AD’s for a watch. I have to wonder if this will speed things up because prospective buyers will pass when the AD calls.

I would delay purchase for sure. I've cancelled my trip to the Caribbean as well. I'll be overjoyed to rebook - even at a higher price - if this thing blows over soon. But I doubt that will be the case.