ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
22 May 2019, 12:54 AM | #31 |
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The market has changed, the forum has changed. I agree I get sick of the complaining and also all the "valuation" type threads. I am just not spending as much time here as I used to. The market situation has me bored...
I will say...I did not hear much complaining back in the day when I could send an email for an SS model and have it delivered next day for a discount on just about any model. The TS or Greys were loved back then. My guess is that the margins have not changed that much. I would speculate they are paying more on the front end and selling for more on the back.
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22 May 2019, 07:28 AM | #32 | |
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Emotions certainly are running high here lately! |
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22 May 2019, 06:10 PM | #33 |
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I often wonder what the old school members would think of the Rolex situation now?
Would love to have heard JJ’s thoughts (RIP fella). Sent from my iPhone using Tapatalk |
22 May 2019, 06:30 PM | #34 | |
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22 May 2019, 08:34 PM | #35 |
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That’s what I figured. Just a joke.
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22 May 2019, 08:46 PM | #36 |
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Well put.
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22 May 2019, 10:45 PM | #37 |
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Hey, no one is complaining about grays when they pick up another brand brand new at 20-30% OFF list price, correct? I bought a IWC a few years ago new for less than I could find one used.
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23 May 2019, 12:21 AM | #38 |
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Everyone hates the Greys until they want a hassle free trade to a desired model of the latest unobtanium.
Of course a few years ago everyone loved the greys and their great discounts.
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23 May 2019, 01:08 AM | #39 |
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I tend to agree. The prices are going to be raised because there are new threats from smartwatches. Rolex went up market during quartz and is going to again to defend itself. I can imagine that the MSRP will start to jump to match or be more inline with Greys which will take a bit of the bite out of the grey and secondary market but allow more to buy from ADs.
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23 May 2019, 01:09 AM | #40 |
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I'm loving it, my watch portfolio has gone thru the roof! Maybe I can buy the rest of the house now...
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23 May 2019, 02:15 AM | #41 |
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Greys offer a valuable service. They will buy/trade current watches at fair market value with 100% peace of mind and very easy transaction and they will sell you hard to find pieces same day at fair market value.
Go into an AD that will take trades and I've always been extremely low balled on trade ins. They also want to bundle just for the chance to be on a wait list or maybe get the piece I want. If I want a watch and want it now I have to find enough value in the watch to pay current market prices. If I don't find enough value then I don't buy it. |
23 May 2019, 03:14 AM | #42 |
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Really!? I didn’t know that. As an American I specifically remember it being the opposite. But, what the hell, we took the language from you Brits so I guess you can have the final say on the rules.
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23 May 2019, 03:20 AM | #43 |
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Personally, if Tony or David or any other reputable gray seller can get someone to pay $50,000 for a $9,000 MSRP watch, more power to them.
This is a Rolex watch, not life-saving medicine, if the buyer feels the price is too high, they don’t buy it; simple. |
23 May 2019, 03:56 AM | #44 |
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"well said."
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23 May 2019, 04:10 AM | #45 | |
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If people don't pay those prices then they will come back down. Greys have to unload them at some point. The greys are also taking a risk buying at a premium and being stuck holding pieces they overpaid for if there is a bubble that bursts. The collector not so much since it a luxury item...to a grey its inventory to their business that they could take a loss on. |
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23 May 2019, 04:55 AM | #46 |
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23 May 2019, 06:05 AM | #47 |
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If happiness is a state of mind, why look anywhere else for it? IG: gsmotorclub IG: thesawcollection (Both mostly just car stuff) |
23 May 2019, 08:17 AM | #48 |
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Economics Basics: Supply and Demand
If you want something that is in limited supply or that is in high demand by others You Must Pay the Price! If you can't afford it then there is no reason for you to complain as that will NOT change the Price.
Supply and demand is perhaps one of the most fundamental concepts of economics and it is the backbone of a market economy. Demand refers to how much (quantity) of a product or service is desired by buyers. The quantity demanded is the amount of a product people are willing to buy at a certain price; the relationship between price and quantity demanded is known as the demand relationship. Supply represents how much the market can offer. The quantity supplied refers to the amount of a certain good producers are willing to supply when receiving a certain price. The correlation between price and how much of a good or service is supplied to the market is known as the supply relationship. Price, therefore, is a reflection of supply and demand. The relationship between demand and supply underlie the forces behind the allocation of resources. In market economy theories, demand and supply theory will allocate resources in the most efficient way possible.
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23 May 2019, 08:27 AM | #49 |
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It’s not an isolated issue that applies just to grey dealers.
Those willing to bite are the true drivers of what the greys are commanding. If all stop paying these ridiculous demand prices, they’ll will drop like bricks.
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23 May 2019, 08:31 AM | #50 | |
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Proof of aforementioned is how many are readily available via any grey dealer, anywhere. There is one in my town that has any watch I may want. That defeats the demand argument if he tells me he can readily procure ANY watch I want but of course, at a premium. A true supply issue would not allow him to do that so readily.
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23 May 2019, 06:46 PM | #51 | |
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Such sense should not be allowed on this forum Sent from my iPhone using Tapatalk |
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23 May 2019, 07:12 PM | #52 | |
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If I may add, IMO the high grey prices are driven by adding their margin to the MSRP pricing the ADs are getting from the greys now. The top TS's are no longer getting discounts, and that drives up the so called market value. So, market value isn't really market, it's the artificially inflated prices of the greys maintaining their margins. People are essentially paying an exorbitant fee for a shopping service and calling it market rate. |
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23 May 2019, 10:49 PM | #53 | |
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23 May 2019, 11:21 PM | #54 |
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I couldn’t bring myself to pay double retail for something even if I had the means to.
Doesn’t sit well with me at all, much rather go without. Lots do and don’t bat an eyelid but for me I couldn’t. I think I would grow to dislike the item. I’m strange I guess! Sent from my iPhone using Tapatalk |
23 May 2019, 11:25 PM | #55 | |
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6 September 2019, 06:04 AM | #56 | |
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There is no shortage of watches. The grey market is full of it trying to get there share of unscrupulous money, to buy bread for there crying young grey marketeers in the making. If there was no grey market, all of these watches would have been on the shelves of the unscrupulous AD's who sold to Grey marketeers. its not a nice way to earn money. You are doing black market for rolex. its unethical, unfair, dishonest crooked fraudulent and rotten We, all who have hard earned $$ should totally stop buying from GREY or Black market, and make you people like Runnin rebel make them eat there hulks for food Runnin rebel Keep your CRappy colured rolex some where stinky |
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6 September 2019, 06:22 AM | #57 |
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i am not a cry baby, fair play to anybody who makes good using ethical capitalism, i would love to do it,
i just wont pay those prices as its not that important to me. |
6 September 2019, 09:01 AM | #58 |
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When you're all done, could someone please pass the salt?
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6 September 2019, 09:13 AM | #59 |
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I agree, Adam. Some people have a 'Holier than Thou' attitude.
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6 September 2019, 09:24 AM | #60 | ||
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Quote:
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I believe to be 100% true... it’s all rigged . I’ll also add that I don’t care about prices. I’m not playing or paying so it is what it is. If there’s something I want and I have the coin at that time I will determine at that point if it’s a go . But the crying is getting a bit too much . Don’t buy it then and just wait it out ... That’s all , quite simple. |
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