ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
27 February 2020, 07:27 AM | #91 |
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Real Name: Harry
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My AD looks online at hot models for obvious signs like receipt and serial number. If they spot something bought from them being sold within a certain time frame they black list the seller. Rolex do not tell them to do this. It is the policy of the AD.
You haven't done anything wrong. It is your right to put your Pepsi up for sale. It is also your AD's right to chose not to sell anything else to you. You exercised your right and they have exercised theirs. Nothing remarkable about it. |
27 February 2020, 07:31 AM | #92 |
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Real Name: Harry
Location: England
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27 February 2020, 07:31 AM | #93 | |
"TRF" Member
Join Date: Jan 2019
Location: uk
Watch: BLNR , Sub C, Exp
Posts: 456
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Quote:
Yep spot on ! If you Play the Flipping Game the money you make you can spend at the Grey dealers buying the watch you really want. Just don't be shocked or expect sympathy when it all goes wrong. |
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27 February 2020, 07:32 AM | #94 |
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Join Date: Mar 2011
Location: Sunny Scotland
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F them. It won’t always be a sellers market and other AD’s are available.
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27 February 2020, 07:35 AM | #95 |
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Location: uk
Watch: BLNR , Sub C, Exp
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27 February 2020, 07:36 AM | #96 |
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Real Name: AJ
Location: USA
Watch: Swiss
Posts: 5,204
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It’s the AD not Rolex. But the ADs probably worried about Rolex coming down on him. For all you know, this AD may have other issues with Rolex causing him to be up all night searching on eBay for watches he sold. Sorry you got caught in the middle. Time to switch to Vintage rolex
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27 February 2020, 07:41 AM | #97 |
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Watch: Sky-Dweller
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Sorry to hear that Mr. Crown. Bad break.
My dealer sold an early black Daytona C to a good local customer. They thought he really wanted the watch but after playing with it for a couple days he decided it sell it on Ebay. The serial number was visible and my AD got a nasty-gram from Rolex stating these watches are meant to go to end users, not flippers. Many of these dealers are living in fear that Rolex will yank their AD status. Rolex is a great money maker for them but it's not easy being an AD. Can't keep Rolex happy no matter what you do. Can't keep your customers happy as you can't provide enough hot pieces. Sell to a couple 'wrong' customers and risk losing your cash cow. None are running for the exits so the profits must make the stress worth while!
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Current Rotation: Explorer II 226570 White, Sinn 30.06, Sky-Dweller 326934 Blue, Deepsea Challenge 126067, Tudor FXD Red Bull Chrono Wife's Rotation: GMT-Master II 126710BLNR Jubilee, Moser Heritage Dual Time, Swatch MoMa, Cartier De Santos Official Member "WIS-CON" Las Vegas International GTG 2019 |
27 February 2020, 07:45 AM | #98 |
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Watch: Sub16610, DJ126331
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This is interesting. A couple of weeks ago, the GM at my AD told me that "they" (never mentioned Rolex) were watching the Grey market. If they catch one of their clients selling a highly demanding piece like SS Daytona, BLRO, BLRN or similar with long waitlists and the watch was bought from their AD, they will ban him from buying any other pieces. At that time I didn't believe what she said but seeing what happened to the OP I don't know what to think now.
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27 February 2020, 07:48 AM | #99 | |
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Join Date: Jan 2020
Location: USA
Watch: Hulk
Posts: 176
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27 February 2020, 07:51 AM | #100 |
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Join Date: May 2013
Real Name: Nick
Location: Las Vegas
Watch: 1601
Posts: 10,356
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Banned from my AD
Because these small ADs are not willing to conform to Rolex criteria for display area, nor are they willing to pay the absurd prices that Rolex charges for display cases, decor, and compulsory staff training. |
27 February 2020, 07:57 AM | #101 |
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Watch: Sky-Dweller
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Not most of them. Some invest greatly only to have their AD status yanked anyway. Happened in Spokane Washington not to long ago. Lost their AD status just weeks after investing heavily on new Rolex displays.
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Current Rotation: Explorer II 226570 White, Sinn 30.06, Sky-Dweller 326934 Blue, Deepsea Challenge 126067, Tudor FXD Red Bull Chrono Wife's Rotation: GMT-Master II 126710BLNR Jubilee, Moser Heritage Dual Time, Swatch MoMa, Cartier De Santos Official Member "WIS-CON" Las Vegas International GTG 2019 |
27 February 2020, 07:58 AM | #102 |
Banned
Join Date: Jan 2020
Location: Vancity
Watch: Sub Date 116610LN
Posts: 178
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Probably because you were selling for double the watches worth. But F them... when I buy my next Audi I have the sell my current one and the market value of that is simply that... why we now to AD’s is beyond me.
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27 February 2020, 08:01 AM | #103 |
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Location: GMT -5
Watch: Rolex 126710 BLRO
Posts: 775
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Yeah... this checks out. My AD had told me Rolex does this, and here’s the proof. Crazy times.
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27 February 2020, 08:04 AM | #104 |
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Location: USA
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"So, what do you do for a living?"
"I search eBay for Rolex serial numbers to prevent customers from selling their property." Dream job. |
27 February 2020, 08:06 AM | #105 |
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Join Date: Nov 2019
Location: UK
Watch: 126622
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Laings in the UK told me that they would welcome a trade in since they sell pre-owned watches - in fact they reassured me that if I wanted to buy a Rolex and trade it back in it would be perfectly fine to upgrade to a more expensive model.
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27 February 2020, 08:14 AM | #106 |
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Join Date: May 2015
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Watch: 126619LB and more
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The AD might have produced a Daytona C if the OP wanted to trade the Pepsi back to them which they could then resell at market price.
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27 February 2020, 08:14 AM | #107 |
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Join Date: May 2018
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Watch: Rolex Hulk
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You are correct, Laings will take a Rolex they sold as a trade in for another but it has to be at least 12 months old (same with Tudor).
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Enjoying: Daytona, Submariner Hulk, Bluesy, Seadweller, Explorer, White Milgauss, DJ41 fluted and mint green. Oyster Perpetual 41 green dial, Oyster Perpetual 39 grape dial, Tudor BB Harrods edition. |
27 February 2020, 08:18 AM | #108 |
Banned
Join Date: Nov 2017
Real Name: Jesus
Location: Texas
Watch: 116234
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27 February 2020, 08:21 AM | #109 |
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Real Name: Juan
Location: Sherwood Park, Ab
Watch: 114060
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Kind of ridiculous of them...I suppose just take your money elsewhere, as they don't want your business. Or better yet, use the money for another brand, something else, or just save it!
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27 February 2020, 08:29 AM | #110 |
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Real Name: Tom
Location: Chi town
Watch: Daytona AP DD Sub
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Something smell fishy here...
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27 February 2020, 08:31 AM | #111 | |
Banned
Join Date: Jul 2019
Location: Eastwest
Posts: 1,322
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Quote:
And give up 5K.... |
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27 February 2020, 08:31 AM | #112 |
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Location: Somewhere West
Watch: Rolex/Omega/Patek
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27 February 2020, 08:36 AM | #113 |
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Location: Dc
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Sounds like fake post to me
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27 February 2020, 08:37 AM | #114 |
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Watch: Rol/Seik/Tud/Omega
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27 February 2020, 08:50 AM | #115 | |||||
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Join Date: Apr 2017
Location: USA
Watch: BLNR/116500LN/APRO
Posts: 161
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Rolex has created a small team, and spent upwards of 1mm (pennies to them) on cracking down on flippers. Not necessarily those looking to sell vintage, but those looking to profit on hot models with a quick sale. They want the watches to go to collectors, not flippers. I feel bad for the OP - his situation is a result of the situation not an addition to it, so if you can’t beat ‘em he joined ‘em. I get it and that’s a situation where it hurts. ADs don’t want to be punished by Rolex - so if Rolex catches a flipper (using S/N) they will quite literally contact the AD and ask them not to sell allocated models to that person. Hence, the banned customer. My AD has had to ban top customers for PP and Rolex (only 2 this year) and lost business as a result - but not a worse result than losing a brand or allocated models for all customers.
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Current Collection, in order of wrist time Rolex326934/IWC500705/Rolex116710BLNR/Rolex116500LN/AP15400ST Wife: Rolex178274/BreitlingB13050 (My Father's) |
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27 February 2020, 08:52 AM | #116 |
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Join Date: Oct 2012
Real Name: RJ
Location: UK Coast
Watch: PP/AP/Rolex
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So not only did you make a bundle on the Pepsi your AD got you, you also can’t blow any of the profit on any more watches thanks to the AD. Sounds to me like your AD is making you a very wealthy man!!
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27 February 2020, 09:00 AM | #117 | |
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Location: GMT -5
Watch: Rolex 126710 BLRO
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Quote:
This is probably the best and most balanced view posted. Sent from my iPhone using Tapatalk |
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27 February 2020, 09:00 AM | #118 | |
"TRF" Member
Join Date: Oct 2016
Location: GB
Watch: 116520
Posts: 306
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Quote:
Laing’s also make you sign a contract for the SS Professional range stipulating that you won’t sell for commercial gain in the first 3 years of ownership, unless it sold back to them. Sent from my iPhone using Tapatalk |
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27 February 2020, 09:06 AM | #119 |
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Real Name: Harry
Location: England
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The SAs at my AD are not rushed off their feet all day every day. Neither are the store manager or the store owner. Given the frequency with which Pepsis, Daytonas. Sky Dwellers etc show up in consignments, it's hardly a chore for someone to spend a couple of hours a week surfing around looking at the UK used market. Once you've got a feel for what you are looking at, it is easy to spot new listings. If I'm looking for a grey watch online, once acclimatised to the market I am interested in, the new listings are obvious. It's the same if I'm looking for a used car or buying property online. As far as the AD is concerned, it's due diligence plain and simple.
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27 February 2020, 09:08 AM | #120 |
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Location: Virginia
Posts: 576
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You’re kidding me? 3 years? I could maybe understand a year or 18 months but a lot could happen in 3 years. The sale of a watch for $15k could save someone’s small business if they go thru a rough patch. You never know.
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