ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
11 February 2018, 07:15 PM | #121 |
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11 February 2018, 07:16 PM | #122 |
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Honestly not sure how I feel about this policy, assuming it does eventually come to the US. I don't buy this many watches so it would not affect me. For watches in such demand like the Daytona C or SS SkyDweller it is not unreasonable to limit supply to just one per customer. Of course those that want more than one won't be pleased, but I'm sure Rolex gets an earful from tier ADs to send more watches, Rolex is pushing back on their ADs to quit selling multiples. But limiting professional watches to 2 per year I think goes too far. If Rolex thinks this is going to make life harder for Trusted Sellers that is just going to do the opposite actually. They will still get watches thanks to Rolex's inefficient distribution chain, and those with the cash to buy two or more in a year will just pay the price.
Rolex seems to want to do battle with gray dealers but they should improve their distribution model instead. Make more of the watches people want, and get them into the hands of buyers. |
11 February 2018, 07:17 PM | #123 |
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Guess I’ll find out soon as I’ve had the white Daytona and due the black one soon!
Also be interesting to see if they make exceptions as know one big buyer of PM models getting kick backs with popular SS models and now after having 3/4 SS Daytona’s clearly not all for him! |
11 February 2018, 07:25 PM | #124 | |
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If i were you to be safe, id have the AD submit your wife's name for the watch. Id hate to have you denied at the last minute like OP. That is the obvious workaround. |
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11 February 2018, 07:25 PM | #125 | |
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Don’t you have Data Protection Act in Australia Eddie? The penalties for data breaches like that are severe here. It’s the same as you employer, your doctor, your bank and any other retailer who has your details. Sent from my iPhone using Tapatalk
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Past: 6239 (yes, I know...), 16610, 16600, 116515, 116613LN, 126600, 126711 CHNR Present: 16600, 116509, Cartier Santos Green. |
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11 February 2018, 07:38 PM | #126 |
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To hold your data, any company would not need your consent, but only need to show a legitimate interest as to why they hold your data.
The fact that you have shown interest in buying or do own one of their products is more than enough for them to demonstrate a legitimate interest in holding it. Naff all you can do. Also they’re not in the eu I hope being on multiple lists isn’t an issue, as I’m on at least 4 for a hulk, to improve my chances of getting one, sooner rather than later. I only want one though, as I wear my watches and have never sold one, even the ones I haven’t worn in 20 years |
11 February 2018, 07:42 PM | #127 |
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That is a beauty .. I like the TT Daytonas more, but I'd totally rock that Daytona
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It's been said that money can never buy happiness which is true, but I'd rather cry while seated in the back of a Rolls Royce limousine instead crying while seated on a bicycle. |
11 February 2018, 07:42 PM | #128 | |
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11 February 2018, 07:59 PM | #129 | |
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11 February 2018, 10:12 PM | #130 | |
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Solid. He still owns the D5 boys. No flipper here Sent from my iPad using Tapatalk |
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11 February 2018, 10:41 PM | #131 |
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Whilst I can’t confirm the apparent policy stated in the OP I absolutely believe his story.
When I bought my BLNR last month the AD explicitly made clear that purchaser details were being shared with Rolex in order to clamp down on flipping. I was told that any customer found to have bought the same model twice would be blacklisted across all Aurum Group stores. They took a photocopy of my sales invoice so have my name and address on file. |
11 February 2018, 10:54 PM | #132 | |
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We could quit our current lives, shed ourselves of all aspects of modern life and live in a cave if it's really an issue. |
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11 February 2018, 11:02 PM | #133 |
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Well at least this trend of interference ends any debate that it was the ADs who really cared about the greys, no it was Rolex all along. I doubt even a quarter of the AD staff had much idea of what was going on in the resale market nor cared, it's just a job to them, no the brand image and state of the market was always the concern of Rolex.
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11 February 2018, 11:03 PM | #134 | |
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I believe that the GDPR applies to non-EU businesses trading within the EU and whilst there may be a reason for a business to hold data on you themselves I'm not sure they would have a right to share that data with independent businesses - such as AD's. Ultimately I think the boundaries of the legislation will only come to be proven by precedent over time. Sent from my iPad using Tapatalk |
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11 February 2018, 11:06 PM | #135 |
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Exactly how does this work. I go into an AD who has a SS watch and I offer to buy it. They run my cc swipe the warranty card and I walk out of the store. When does this denial take place?
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11 February 2018, 11:13 PM | #136 | |
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Im betting rolex isnt shipping the watches to the AD until AFTER a buyer is identified. Watches are to go to a specific buyer not to the AD to sell to whoever they want. Think Patek application piece. That is what i am describing. |
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11 February 2018, 11:14 PM | #137 | |
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11 February 2018, 11:21 PM | #138 |
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Rolex predicting a Recession
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11 February 2018, 11:23 PM | #139 | |
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The WIS community's buying habits can easily be confused with flippers/dealers buying habits. We are the ones getting screwed here. Secondary dealers will still find watches one way or another. |
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11 February 2018, 11:27 PM | #140 | |
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Only selling two (different) SS watches per customer per year if true is, by contrast, a piss take. |
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11 February 2018, 11:29 PM | #141 | |
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11 February 2018, 11:30 PM | #142 | |
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11 February 2018, 11:32 PM | #143 | |
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I like the YM, explorer ii, and the explorer quite a bit. I know i would not keep them very long already. I can see how rolex doesnt want to see all of them on the secondary market in a year, even if its not for a premium. |
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11 February 2018, 11:33 PM | #144 | |
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Exactly - I’m not talking 2 hulks within 3 months. I’m talking, gee - I’d like a sub, explorer 2, and Daytona. I receive the sub, and Daytona then decide the Daytona is all hype machine and too small. So I need the explorer 2 in polar. Let me list my Daytona on the forums for sale. Oh yeah, there has now been a run on gmtc comic hero incomings on TRF so I NEED that one ASAP. But I’ve got this explorer2 that has a second time zone and is way too LARGE. That needs to go for the superhero. You see, the mind of a WIS. Just bought four from them while only “wanting 2”. Great for sales, great for the nut, sales at small losses on less capital etc. TRF is being shutdown. |
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11 February 2018, 11:35 PM | #145 |
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There are plenty of flippers and resellers on here with very high post counts.
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11 February 2018, 11:35 PM | #146 |
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11 February 2018, 11:38 PM | #147 | |
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11 February 2018, 11:52 PM | #148 | |
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I’m guessing we’ll se a new 3287 Explorer 2 soon. All signs point to Rolex trying to move less demanded inventory currently for some reason. |
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12 February 2018, 12:00 AM | #149 | |
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12 February 2018, 12:18 AM | #150 |
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Wow...this thread hits on many, many underlying topics....LOTS of good comments.
First off -- this AD 'vetting' process....sounds like a bunch of extra work - for ADs to do, and if this methodology gets more widely proliferated in the future I wonder what it will do to AD/customer rapport overall....when then they will have to explain to all of their big customers how they can't sell them anything because they have reached their annual 'allocation'....whether it be all - or just hard to get references. But...If it is Rolex trying more to simply 'govern' the hard to get references and allow for a wider dissemination...and not to Just the big customers or VIPs...I'm actually ok with that. I have no problem waiting for a little longer for something, and I think we you 'nature's in this hobby (if that is even possible) LOL, patience grows...for some... As far as flipping...I've said it many times -- once you buy a watch it is YOURS -- I honestly count care less what you do with it once you have it, it is completely YOUR decision and I would submit there is nothing that will ever stop this now, or in the future, as once the current acquisition is made, we just move on to the next...and for some...a bargaining chip...or particular reference might be the one that allows then to reach towards something that they have been after for quite a while .... Guess we'll have to see where it all goes...and if it does (this protocol) get more widely proliferated...It will not surprise me and when we have an influx of alternative brand acquisitions, perspectuves, etc Meanwhile....my Patek and AP ADs are sending me their brunch and wine tasting menus to help with my 'transition! LOL Just my .02 Have a great day all!!! |
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