If you didn't think the UK market was totally nuts...

[AK797]

... then check this out, the new WG YM2, one of the least popular models even before the Merc hands, is selling for nearly £52K, retail is £34K, by our trusted seller version of Davidsw, Chronext.

https://www.chronext.co.uk/rolex/yac.../116689/C57986

[RichM]

Wow. Looks like you chaps get it on both ends.

[LuminousMaximus]

Originally Posted by Rich Mickol

Wow. Looks like you chaps get it on both ends.

Sorry, I really didn't mean to laugh...

[RichM]

Originally Posted by LuminousMaximus

Sorry, I really didn't mean to laugh...

Come on now Sam. Keep it clean. I meant shortage of SS models and now premiums on PM's too.

[kilyung]

Wow... makes me almost want to take all my watches over there and sell them. But then I'd have to start all over again. lol

[Thuilln]

Another Rolex I would never consider.
52000£ worth of useless complication and bling bling oversized PM case.

[AK797]

Originally Posted by kilyung

Wow... makes me almost want to take all my watches over there and sell them. But then I'd have to start all over again. lol

Foreigner's paradise at the moment for sure, Mike. At least the watches I bought before Brexit have all appreciated considerably since so I'm doing OK, but new watches are a pain to buy now, esp the Basel ones.

[Etschell]

Originally Posted by AK797

Foreigners paradise at the moment for sure Mike. At least the watches I bought before Brexit have all appreciated considerably since so I'm doing OK, but new watches are a pain to buy now, esp the Basel ones.

i tell you what the paradise is right now, canada if you can find the watch. the CAD is only .75 to the USD.

[watchwatcher]

Wow...that is totally nuts indeed.

[kilyung]

Originally Posted by AK797

Foreigner's paradise at the moment for sure, Mike. At least the watches I bought before Brexit have all appreciated considerably since so I'm doing OK, but new watches are a pain to buy now, esp the Basel ones.

Ouch. Feel for you mate.

Originally Posted by Etschell

i tell you what the paradise is right now, canada if you can find the watch. the CAD is only .75 to the USD.

So what I should do is sell my watches in the UK and hop a flight to Canada to restock?

[Etschell]

Originally Posted by kilyung

Ouch. Feel for you mate.



So what I should do is sell my watches in the UK and hop a flight to Canada to restock?

you got it! i was thinking of flying up to canada to buy a ss sky dweller.

[GB-man]

Canada is a great place to buy but there's 13% tax in Ontario to factor in. Still a great place to buy.

It appears I could easily take a free vacation to the U.K. By picking up some desirable watches and catching a flight.

[Mick P]

Originally Posted by GB-man

Canada is a great place to buy but there's 13% tax in Ontario to factor in. Still a great place to buy.

It appears I could easily take a free vacation to the U.K. By picking up some desirable watches and catching a flight.

Your main problem is that you could fly over here just to find that there are no watches available.

British ADs are now selling to US and EU Grey dealers above RMSP and this means no decent stuff is in the UK. Also because the British ADs are paying Rolex in Pounds, they would rather sell to the US and the EU resulting in an acute shortage of watches in our shops.

Rolex moan about Grey Dealers but the truth is that they turn a blind eye to it allowing themselves to maximise profits as currencies fluctuate.

Last year I could buy dirt cheap in Spain whereas today it is the other way round.

Still I could sell you my watches and make a nice juicy profit. Such are the vagaries of currency ups and downs.

Regards

Mick

[Thuilln]

Originally Posted by Mick P

Your main problem is that you could fly over here just to find that there are no watches available.

British ADs are now selling to US and EU Grey dealers above RMSP and this means no decent stuff is in the UK. Also because the British ADs are paying Rolex in Pounds, they would rather sell to the US and the EU resulting in an acute shortage of watches in our shops.

Rolex moan about Grey Dealers but the truth is that they turn a blind eye to it allowing themselves to maximise profits as currencies fluctuate.

Last year I could buy dirt cheap in Spain whereas today it is the other way round.

Still I could sell you my watches and make a nice juicy profit. Such are the vagaries of currency ups and downs.

Regards

Mick

I saw it the other way around: he would fly to the Uk to sell the desirable watches he bought in Canada.

[kelv_w]

The thing with these prices, will there be any buyers?

[AK797]

Originally Posted by kelv_w

The thing with these prices, will there be any buyers?

I really hope not many, all the new Basels are at around 50% premiums at the moment and there will be some rich trendies who just have to have the watch instantly but hopefully sanity returns after 6 months.

[-Ally-]

They are just dreaming, soon they will come back to earth.

[SeaDweller50]

Can't wait to see the price on the SD43 upon release, amongst the Grey dealers.

[rudestew]

https://www.chronext.co.uk/rolex/sea.../126600/C57961

[rolexnub]

Originally Posted by GB-man

Canada is a great place to buy but there's 13% tax in Ontario to factor in. Still a great place to buy.

It appears I could easily take a free vacation to the U.K. By picking up some desirable watches and catching a flight.

It's true that for Americans, Canada is a better buy because of the currency exchange. As for taxes, BC has only 12% tax and Alberta is much lower at 5 or7%.

[stevedssd]

If you didn't think the UK market was totally nuts..................

I did.........................but now it is mega nuts

[Speed]

Ouch...On the silliest of watches no less.

Wonder what the Leopard Daytona goes for in the UK?

[daveathall]

Chrononext is hardly a yardstick for UK prices. Chancing their arm, if someone bites it is fair play to them, anyone with a little knowledge won't buy, anyone who can Google won't buy.

Rich kid bait.

[Rolex addict]

Time to smuggle watches and cigarettes into the UK!!!

[Maxy]

Originally Posted by AK797

... then check this out, the new WG YM2, one of the least popular models even before the Merc hands, is selling for nearly £52K, retail is £34K, by our trusted seller version of Davidsw, Chronext.

https://www.chronext.co.uk/rolex/yac.../116689/C57986

Don't forget the DELIVERY 6 - 12 month

[GB-man]

Originally Posted by Rolex addict

Time to smuggle watches and cigarettes into the UK!!!

I'm going to be the George Jung of Rolex

[phez]

https://www.chronext.co.uk/rolex/sky.../326934/C57965

£10600 on Rolex web site, at least at £14920 it's down £150 from previous price

[AK797]

Originally Posted by daveathall

Chrononext is hardly a yardstick for UK prices. Chancing their arm, if someone bites it is fair play to them, anyone with a little knowledge won't buy, anyone who can Google won't buy.

Rich kid bait.

It won't be for long for this WG as any AD can get one quickly but for all the waiting list Basels Chronext will set the price now they have replaced Iconic as the top resellers, and other dealers will look to them when setting price, which will be very high on all Basels, esp the SS ones, for many more months. Even the unpopular AK is still selling above retail at WF one year on, before Brexit this would have been at a 15% discount now.

[jagwap]

Originally Posted by phez

https://www.chronext.co.uk/rolex/sky.../326934/C57965

£10600 on Rolex web site, at least at £14920 it's down £150 from previous price

Because there are no people biting.

Supply and demand: They will supply you you, if you demand to be treated like an idiot.

[AK797]

Originally Posted by jagwap

Because there are no people biting.

Supply and demand: They will supply you you, if you demand to be treated like an idiot.

No it's the currency, they are German, prices change on daily basis.