ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
21 April 2020, 08:53 AM | #1 |
"TRF" Member
Join Date: Oct 2011
Real Name: Andy
Location: Ontario, Canada
Watch: AKA: ANDERL712000
Posts: 4,935
|
The situation in canada...
So 2 years ago, I was told by a certain AD here in Canada that I was put on the waiting list for a pepsi gmt by a salesperson that I had built some rep with.
Yesterday I emailed the AD and told them my story The salesperson that answered me told me they never had a waiting list. LIE # 1 I told the person that I had bought 4 other rolexes there over the years, and after 2 years was wondering if there was any chance of finally getting a pepsi, as I really want one for myself. The salesperson asked me if I can prove that I still own any of the rolexes I had bought. I answered him saying that no, when I get bored of them I sell them for something different. I also said in a joking manner that I had looked online and there are hundreds listed there at ridiculous prices, so I thought that is what is normally is happening anyways, and that I didnt really feel like paying thousands more. After that, no response.... LETDOWN # 1 Slowly I am getting very perturbed. When I see all the bnib ones here and every other forum, just sitting there listed for thousands more, and I cant get one because of that. This happens to be one that I really want for myself. Now before everybody jumps on me saying “well you’re a flipper arent you, serves you right! Let me make this statement and rebuttal: I have to prove that I am not a flipper? What difference does that make, when probably 70% of the hot models get flipped anyways?!? I mean look here, Pepsis, hulks, daytonas, batmans, daytonas rootbeers daytonas One after the other bnib Where did they all come from?! FROM FLIPPERS! People that got them from AD’s and sell them for profit! Now, I dont blame them, I blame Rolex, for making the new rules 3 years ago to only sell to supposed non-flippers. What happened? It only enabled them. The famous economist milton friedman had the correct view: As in the narcotics industry, as soon as you try to control and limit the supply, it only ends up enabling the illegal underground dealings, and only the large cartels become successful and survive, and drives up price and demand. This happened during prohibition in the 30’s, after which the government finally said “well that didnt go too well, i guess we will stop controlling that” This is what has happened to rolex. Their plan has backfired.
__________________
We want to be the first in the field and Rolex should be seen as the one and only-the best. Hans Wilsdorf, Rolex founder Last edited by AbsolutelyROLEX!; 21 April 2020 at 09:28 AM.. Reason: Mistake |
21 April 2020, 09:01 AM | #2 |
"TRF" Member
Join Date: Jun 2007
Real Name: James
Location: TAX EXILE
Watch: PLATONA
Posts: 637
|
I had a similar experience that descended into absurdity from the AD. I shared my story with TRF members in a recent thread and got totally flamed. I suspect the more aggressive commentators were grey dealers.
I feel you bro, the situation is disgusting. Sent from my SM-N960F using Tapatalk
__________________
Stay Cool J-T-J |
21 April 2020, 09:02 AM | #3 | |
"TRF" Member
Join Date: Sep 2018
Real Name: Tom
Location: Honolulu
Watch: 116519LN
Posts: 3,828
|
Quote:
But I have a question, why do you say their plan has backfired? You could make the argument that their plan is wildly successful. If there is a huge demand and there is an illusion of exclusivity, how does that hurt them? |
|
21 April 2020, 09:20 AM | #4 | |
"TRF" Member
Join Date: Oct 2011
Real Name: Andy
Location: Ontario, Canada
Watch: AKA: ANDERL712000
Posts: 4,935
|
Quote:
I really dont think this was in their plan They still all think they are selling to non-flippers, all these so called special people who rolex thinks live up to their qualifications
__________________
We want to be the first in the field and Rolex should be seen as the one and only-the best. Hans Wilsdorf, Rolex founder |
|
21 April 2020, 09:23 AM | #5 |
"TRF" Member
Join Date: Oct 2011
Real Name: Andy
Location: Ontario, Canada
Watch: AKA: ANDERL712000
Posts: 4,935
|
Plus, rolex stock ends ip being sold by non authorized dealers
__________________
We want to be the first in the field and Rolex should be seen as the one and only-the best. Hans Wilsdorf, Rolex founder Last edited by AbsolutelyROLEX!; 21 April 2020 at 09:26 AM.. Reason: Change |
21 April 2020, 09:30 AM | #6 |
"TRF" Member
Join Date: Jun 2013
Location: At home
Posts: 518
|
I think if you could prove you weren't a flipper it would've helped your chances, i guess only option is wait it out or pay the premium
__________________
- 116718 GMT II Black Dial - 116680 Yacht-Master II SS - 16610 Submariner Y Serial - 116520 Daytona Black Dial |
21 April 2020, 09:31 AM | #7 | |
"TRF" Member
Join Date: Sep 2018
Real Name: Tom
Location: Honolulu
Watch: 116519LN
Posts: 3,828
|
Quote:
I think they are well aware that they are selling to flippers. But that’s just my opinion. In any event, I’m not defending Rolex or ADs or flippers. It upsets me too. I’m just saying that this is a really good situation from a business point of view. Just look at Omega and compare it to Rolex. I love Omega watches. But would you rather habe your pre owned pieces selling at 30% above retail like Rolex or BNIB selling at 20% below like Omega? Sent from my iPhone using Tapatalk |
|
21 April 2020, 09:36 AM | #8 |
Banned
Join Date: Oct 2019
Location: QC, CA
Watch: Exp II
Posts: 457
|
This. Doesn't look like you are really into collecting Rolex watches if you got rid of them all, more like you are chasing the thrill of hoarding.
|
21 April 2020, 09:39 AM | #9 | |
"TRF" Member
Join Date: Oct 2011
Real Name: Andy
Location: Ontario, Canada
Watch: AKA: ANDERL712000
Posts: 4,935
|
Quote:
But like I said...MOST OF US ARE FLIPPERS ANYWAYS! LOL
__________________
We want to be the first in the field and Rolex should be seen as the one and only-the best. Hans Wilsdorf, Rolex founder |
|
21 April 2020, 09:39 AM | #10 |
2024 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 73,971
|
I’m not sure follow Andy ... You’re upset because your AD won’t sell you a BLRO?
|
21 April 2020, 09:40 AM | #11 | |
"TRF" Member
Join Date: Oct 2011
Real Name: Andy
Location: Ontario, Canada
Watch: AKA: ANDERL712000
Posts: 4,935
|
Quote:
But how many of us still own every single rolex we ever bought! Barely any
__________________
We want to be the first in the field and Rolex should be seen as the one and only-the best. Hans Wilsdorf, Rolex founder |
|
21 April 2020, 09:42 AM | #12 |
"TRF" Member
Join Date: Oct 2011
Real Name: Andy
Location: Ontario, Canada
Watch: AKA: ANDERL712000
Posts: 4,935
|
No, I am upset at the unending supply outside of ADs that is causing me not to acquire one
__________________
We want to be the first in the field and Rolex should be seen as the one and only-the best. Hans Wilsdorf, Rolex founder |
21 April 2020, 10:08 AM | #13 |
"TRF" Member
Join Date: Feb 2020
Real Name: Wayne
Location: Toronto
Watch: Submariner
Posts: 39
|
I'm not a flipper
|
21 April 2020, 10:12 AM | #14 |
"TRF" Member
Join Date: Oct 2011
Real Name: Andy
Location: Ontario, Canada
Watch: AKA: ANDERL712000
Posts: 4,935
|
Ah a unicorn, very nice Wayne good for you!
So a funny thought regarding flippers, A lot of people do that with cars and women right? Always trading up for a better model LOL!
__________________
We want to be the first in the field and Rolex should be seen as the one and only-the best. Hans Wilsdorf, Rolex founder |
21 April 2020, 10:15 AM | #15 |
"TRF" Member
Join Date: Aug 2015
Location: Houston
Watch: SkyD, SD43, GMT2
Posts: 4,977
|
AD isn’t going to sell to you if you’re a flipper. They are under zero obligation or commitment to sell to anyone, they can sell to whoever they want to and not sell to whoever they decide.
If you want the watch from the AD you’re complaining about you’d better figure out a way to walk back the admission of flipping. Otherwise get a comfy chair to wait it out, or pony up the gray market premium. I’m not judging you for selling watches, IMO once you buy it’s yours. If Rolex wants say in what you do with your property, or it affects how you’re treated in the future, they should be leasing watches, or have a financial stake in the ownership. |
21 April 2020, 10:20 AM | #16 |
"TRF" Member
Join Date: May 2012
Real Name: Rob
Location: Virginia
Watch: Sub/Polar/OP/BB
Posts: 4,517
|
|
21 April 2020, 10:46 AM | #17 | |
"TRF" Member
Join Date: Oct 2014
Location: Canada
Posts: 2,230
|
Quote:
Seriously? |
|
21 April 2020, 10:48 AM | #18 |
"TRF" Member
Join Date: Oct 2011
Real Name: Andy
Location: Ontario, Canada
Watch: AKA: ANDERL712000
Posts: 4,935
|
Wasnt condemning flippers here
A lot of us just cant afford to keep a whole bunch at a time I wish rolex had warned us in the past and told us to keep all our watches or in the future you cant buy anymore.
__________________
We want to be the first in the field and Rolex should be seen as the one and only-the best. Hans Wilsdorf, Rolex founder |
21 April 2020, 10:52 AM | #19 | |
"TRF" Member
Join Date: Oct 2011
Real Name: Andy
Location: Ontario, Canada
Watch: AKA: ANDERL712000
Posts: 4,935
|
Quote:
My point here is that at least 70% are getting flipped anyways with watches that came from the very same ADs that wont sell to flippers. Can anyone see my point?
__________________
We want to be the first in the field and Rolex should be seen as the one and only-the best. Hans Wilsdorf, Rolex founder |
|
21 April 2020, 10:53 AM | #20 |
2024 ROLEX DATEJUST41 X2 Pledge Member
Join Date: Nov 2017
Real Name: Mark
Location: Niagara Falls Can
Watch: Milgauss white
Posts: 3,089
|
Can’t you use the profit(s) from the watches you’ve flipped and buy what you want through grey with no money out of pocket ?
|
21 April 2020, 10:54 AM | #21 | |
"TRF" Member
Join Date: Feb 2013
Real Name: Flavio
Location: N/A
Posts: 14,654
|
Quote:
https://www.rolexforums.com/showthre...=734158&page=6 |
|
21 April 2020, 11:00 AM | #22 | |
"TRF" Member
Join Date: Oct 2011
Real Name: Andy
Location: Ontario, Canada
Watch: AKA: ANDERL712000
Posts: 4,935
|
Quote:
A lot of you forget that a lot of us did it to supplement our income to be able to pay our bills This is why I never condemn grey dealers, its their living to survive. When I was selling there was an overabundance and I always sold cheaper than anyone else, and never took stock away from anyone else
__________________
We want to be the first in the field and Rolex should be seen as the one and only-the best. Hans Wilsdorf, Rolex founder |
|
21 April 2020, 11:01 AM | #23 | |
"TRF" Member
Join Date: Oct 2011
Real Name: Andy
Location: Ontario, Canada
Watch: AKA: ANDERL712000
Posts: 4,935
|
Quote:
I have been put out of business for the last 3 years due to the new business model I have not been involved in any of the “above msrp” sales As stated above, I sold when there was plenty of stock, lower than anyone else and did not take away anyone elses chance of acquiring Please remember it was to supplement my low income to make ends meet
__________________
We want to be the first in the field and Rolex should be seen as the one and only-the best. Hans Wilsdorf, Rolex founder |
|
21 April 2020, 11:02 AM | #24 |
"TRF" Member
Join Date: May 2013
Location: Australia
Watch: SS Skydweller
Posts: 656
|
|
21 April 2020, 11:03 AM | #25 |
"TRF" Member
Join Date: Feb 2013
Real Name: Flavio
Location: N/A
Posts: 14,654
|
|
21 April 2020, 11:06 AM | #26 |
"TRF" Member
Join Date: Mar 2019
Location: North America
Watch: 116710 BLNR
Posts: 84
|
You are practically begging to buy an $11,000 watch.
Their plan hasn’t backfired. That’s if you think they even had a plan to begin with. |
21 April 2020, 11:06 AM | #27 |
"TRF" Member
Join Date: Mar 2019
Location: North America
Watch: 116710 BLNR
Posts: 84
|
Have you made any profit by selling the ones you previously owned?
|
21 April 2020, 11:08 AM | #28 |
TRF Moderator & 2024 DATE-JUST41 Patron
Join Date: Jul 2013
Real Name: Adam
Location: Hong Kong
Watch: SEIKO
Posts: 28,401
|
OP, your most recent sales listing starts off by saying: "Hi guys, haven't posted a sale in a while, good ol' rolex's new policies put me out of business LOL!"
Does that have anything to do with this rant?
__________________
_______________________ |
21 April 2020, 11:11 AM | #29 |
"TRF" Member
Join Date: Mar 2019
Location: North America
Watch: 116710 BLNR
Posts: 84
|
Lol what a joke.
|
21 April 2020, 11:15 AM | #30 |
"TRF" Member
Join Date: Mar 2016
Real Name: Craig
Location: Winnipeg, MB
Watch: Breguet Type XXI
Posts: 500
|
If you can't afford them, then don't buy them.
__________________
"God grant me the serenity to accept the things I cannot change, the courage to change the things I can and the wisdom to know the difference". "Where's the nearest bridge"? |
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.