ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
12 March 2020, 06:01 AM | #61 | |
"TRF" Member
Join Date: Nov 2019
Location: Local group
Posts: 226
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Quote:
They must have the deepest pockets on earth. |
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12 March 2020, 06:34 AM | #62 | |
"TRF" Member
Join Date: Jan 2019
Real Name: Jim
Location: miami
Watch: GMT II 16760
Posts: 1,674
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Quote:
This as they say in the dinosaur world is an extinction event. |
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12 March 2020, 06:52 AM | #63 |
Banned
Join Date: Feb 2020
Location: Chicago, IL
Watch: SD43
Posts: 178
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I will always be a buyer for a Sky Dweller Black or Blue. No way I will ever pay a cent over MSRP + tax in any climate. I have no problem patiently waiting for that to happen.
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12 March 2020, 06:57 AM | #64 | |
"TRF" Member
Join Date: Jun 2016
Location: USA
Watch: All Rolex
Posts: 6,971
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Quote:
And you have to have a little more foresight than to focus on wages. Wages are one input, but their product is the real money maker and keeping demand up is how they make the most money in the long-run. |
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12 March 2020, 06:58 AM | #65 | |
"TRF" Member
Join Date: Feb 2017
Location: Tokyo
Posts: 195
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Quote:
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12 March 2020, 07:02 AM | #66 |
"TRF" Member
Join Date: Aug 2019
Real Name: Jay
Location: England
Watch: SkyD
Posts: 6,220
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Bought a skydweller black dial today
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12 March 2020, 07:02 AM | #67 | |
"TRF" Member
Join Date: Mar 2009
Real Name: John
Location: Rochester/Naples
Watch: Pepsi
Posts: 18,198
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Quote:
The watch I want retails for just under $10k. That’s not a little bit of money to me, but on the other hand it’s not life altering either. If I find my watch at retail you can bet I’m buying it, recession or no recession. If I were looking at a six figure item I’d probably hold off at this time. YMMV, I guess. |
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12 March 2020, 07:15 AM | #68 |
"TRF" Member
Join Date: Nov 2019
Location: Sunshine State
Watch: lots of Rolex
Posts: 4,631
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just saw a youtube video from ArchieLuxury showing that the large duty free store in Brisbane airport is now heavily discounting watches 30%-40% off. These would be the secondary brands (GP, Breitling, Tag, etc), not Rolex, AP, PP. It made the point that demand destruction is placing pressure on sales and inventories, and is showing up on secondary brands where you'd first expect to see a slowdown. But a slowdown in the watch market is evident.
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126610LV//116508 Daytona YG Black/Champagne 116655 YM40 Everose Oysterflex//126622 YM40 Blue//126600 SD43 126710BLNR//126711CHNR 126334 DJ41 Rhodium/Diamonds//126331 DJ41 TT Wimbledon 124300 OP41 Green//126334 DJ41 White/Romans |
12 March 2020, 07:19 AM | #69 |
"TRF" Member
Join Date: Aug 2017
Location: UK
Watch: Slim wrist master
Posts: 540
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I found myself with a cancelled appointment today and ended up at Lakeside, Essex, Uk with an hour to kill for lunch. Walking around Ernest Jones they had 20 -30 rolex models in their window, no hot steel models but lots of DJs, dates, ladies models and a gold sub. They had a nice Wimbeldon DJ (I believe thats the model with the green romans)
Second hand market retailers (Watch finder / Beaverbrooks) had LVs and Kermits in their windows but prices at £14.5k sterling which is rather steep. I was checking out Omegas at another retailer window and the salesperson actually came out the shop to say "hi", must of been a slow day. I didn't venture in to any to enquire as had my mind fixed on food and a leg stretch. |
12 March 2020, 07:21 AM | #70 |
"TRF" Member
Join Date: Jan 2019
Location: Spain
Posts: 831
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I’m not, hell no
But I’ll be there when the Rolex (and financial) market stabilizes. Interesting to see what the markets look like after this shakedown - it is not going to be a long one. We are talking about a virus here.
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116610LN - 216570 Polar - 114300 Red Grape - 326934 White - 116660 Black - 126300 Blue - 116713LN - 116503 Black - 116900 - 126600 - 116618LB - 116689 - 79220R ETA |
12 March 2020, 07:22 AM | #71 |
2024 Pledge Member
Join Date: Mar 2017
Location: United States
Watch: Rolex and Patek
Posts: 10,518
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If international shipping stops, there goes the supply. To answer the question, in light of everything I am not a buyer of watches at this time. If one I wanted was offered at a good discount to MSRP, I would consider it. Watches at MSRP or more can wait.
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12 March 2020, 07:43 AM | #72 |
"TRF" Member
Join Date: Feb 2016
Location: US, SG, DK, GR
Watch: Reverso
Posts: 3,060
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well if we limit all other spending (travelling is a big one) then we may as well spend on watches. I actually bought 2 over the past 2 months
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12 March 2020, 07:56 AM | #73 |
"TRF" Member
Join Date: Nov 2019
Real Name: Vic
Location: Spain
Watch: SD43
Posts: 5,843
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12 March 2020, 08:02 AM | #74 |
"TRF" Member
Join Date: Oct 2017
Location: East coast
Posts: 6,583
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Not spending yet....waiting to asses the situation
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12 March 2020, 08:02 AM | #75 |
"TRF" Member
Join Date: Apr 2008
Location: Washington, DC
Posts: 185
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We just entered a bear market officially. Be patient and we should see those "investors" unload inventory in the very near future.
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12 March 2020, 08:09 AM | #76 |
"TRF" Member
Join Date: Oct 2013
Real Name: Mike
Location: Fort Worth, Texas
Watch: BLNR, 116610LV
Posts: 312
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With the oil prices dropping, there will be a fire sale soon in West Texas. I’m eagerly awaiting.
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12 March 2020, 08:12 AM | #77 |
Banned
Join Date: Feb 2019
Location: USofA
Posts: 582
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If Rolex release a new Sub this year I'm a buyer.
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12 March 2020, 08:14 AM | #78 |
Banned
Join Date: Feb 2019
Location: USofA
Posts: 582
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12 March 2020, 08:22 AM | #79 | |
"TRF" Member
Join Date: Aug 2019
Location: Chicago
Posts: 93
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Quote:
I'm not looking for much right now, but if my AD happens to call me with one of my grails, I'm totally buying! (I'm not holding my breath) |
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12 March 2020, 08:22 AM | #80 |
"TRF" Member
Join Date: Apr 2008
Real Name: Hans Gruber
Location: Nakatomi Plaza
Watch: Holly's Lady DJ
Posts: 315
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I'll gladly trade a couple packs of toilet rolls and canned food for Rolexes.
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What if Holly had on an Oysterflex? |
12 March 2020, 08:27 AM | #81 |
"TRF" Member
Join Date: Feb 2014
Location: Canada
Posts: 7
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I wouldn’t delay buying if the watch does show up. There may never be a perfect time so might as well buy it now and start enjoying it.
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12 March 2020, 08:32 AM | #82 |
"TRF" Member
Join Date: Aug 2008
Location: new york, usa
Posts: 2,897
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Watches won’t be the problem!!!.... will fedex be working to deliver them? Lol.
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12 March 2020, 08:33 AM | #83 |
"TRF" Member
Join Date: Jul 2007
Location: Sunderland
Posts: 1,237
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It’s looking like China is getting back to normal, they will end up with hot models we thought we were going to get!
Sent from my iPhone using Tapatalk
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Instagram @scurfawatches |
12 March 2020, 08:38 AM | #84 |
2024 Pledge Member
Join Date: Mar 2007
Location: US
Posts: 3,577
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Agree
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12 March 2020, 08:40 AM | #85 |
2024 Pledge Member
Join Date: Mar 2007
Location: US
Posts: 3,577
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12 March 2020, 08:46 AM | #86 |
"TRF" Member
Join Date: Apr 2016
Location: California
Watch: SD50, PAM-690
Posts: 356
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Not so sure about China getting back to normal. They are trying, but factories are slow to bring back workers given the hidden stages of carrying the virus. I specifically know of one factory that is pushing into April because of being unsure (this might be controlled by the CPC) about bringing workers back. Another factory boss I know says if they do open they will be required to monitor every employee every day. Given temperature alone is not a confirmation, it seems difficult. Her factory can't open though because of supply chain problems in china until at least April also. My message last night from that person was to stay isolated. I can see the numbers growing in China again. Isolation works, but that's not a great option for the economy. Factories that have housing on the premises could function I suppose. I'd only buy a Daytona at retail as that would fill out the third of the three watches I desire.
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12 March 2020, 08:47 AM | #87 |
"TRF" Member
Join Date: Oct 2018
Location: Freeattle, WA
Watch: SD43 and SS SkyD
Posts: 416
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You folks forget that forums like this are a distilled and probably skewed view into the buying behaviors of the vast majority of people that buy these baubles. Luxury goods, regardless of brand, get slammed in a recession like the one we could be entering here in the states. I have worked for companies that would hand out Rolex subs like appetizers at a national sales meeting, those same companies are not going to do that in a down economy. People with the discretionary income to still afford a 10K plus watch are also not going to blow this money on a watch, they are reloading to buy into the market at the bottom. Winter is coming kids.
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12 March 2020, 08:51 AM | #88 |
"TRF" Member
Join Date: Jan 2019
Location: Spain
Posts: 831
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Can you imagine the degree of panic when the virus really reaches the good old U.S. ? Europe is way in front of you and even here the worst is way to come
__________________
116610LN - 216570 Polar - 114300 Red Grape - 326934 White - 116660 Black - 126300 Blue - 116713LN - 116503 Black - 116900 - 126600 - 116618LB - 116689 - 79220R ETA |
12 March 2020, 08:55 AM | #89 | |
"TRF" Member
Join Date: Dec 2019
Location: Garbage Bin
Posts: 116
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Quote:
Good to know. I was going to visit in April of this year. Hopefully you aren’t stuck there. Sent from my iPhone using Tapatalk |
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12 March 2020, 09:00 AM | #90 |
"TRF" Member
Join Date: Feb 2012
Location: Chicago
Watch: explorer
Posts: 2,122
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Nope, I’m holding my reserves until I see how the market shakes out over the next month or two. Keeping reserves is more important, to me, than adding another watch (been collecting for years and I’m happy with my collection).
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