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Old 22 January 2011, 02:51 AM   #421
The GMT Master
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Hi again Chris!

First off,thanks very much for answering a question I posted a while back.This entire thread has become a most enjoyable read!

I have another question for ya.....curious about the gold YM II?Has it been considered a poor seller for your store over the years?I know that watch doesn't get much love at TRF but it really is a landmark piece in the Rolex stable,imo.It's not one I would wear as yellow gold doesn't work for me,but it's become my better half's grail and I personally think it could be a sleeper collector piece down the road.

Thoughts?
No problem on answering your earlier question

As for the YM II, we've not sold a single one in either yellow or white. If I'm honest, we've only ever had one in stock, and that was only for a very short period - it ended up going back to Rolex in the end. I would agree with it being a landmark, it's the most interesting thing from a mechanical viewpoint Rolex has perhaps ever done, and it is truly pushing forward the boundaries of watchmaking. I think, perhaps, the price tag is prohibitive for where I work - the city isn't a large one, and trade on precious metal pieces is somewhat slow. We might sell one or two gent's precious metal pieces a year, so that puts the YM II at a disadvantage for us!

It could well be a collectors item in the future, there certainly aren't many about, but even then, due to the gold content, it won't be an easy one to start a trend with

Hope this answers your question

Chris
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Old 22 January 2011, 02:52 AM   #422
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Quite fun to read - thanks. BTW - this is creepy.
Yes, yes it is - it's gonna give me nightmares at this rate!
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Old 22 January 2011, 07:26 AM   #423
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hi chris i want to buy a spare complete 93250 bracelet for my 16610lv sub date. what are my options regarding date stamps on it. my present one is lt4. so could i order the same? thank you j.
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Old 22 January 2011, 08:43 AM   #424
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hi chris i want to buy a spare complete 93250 bracelet for my 16610lv sub date. what are my options regarding date stamps on it. my present one is lt4. so could i order the same? thank you j.
Hi Johny,

A lot depends on what they have in stock, it might be possible, but I would think it would be a long shot. It's worth a call in any case

Chris
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Old 22 January 2011, 09:00 AM   #425
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Hi Johny,

A lot depends on what they have in stock, it might be possible, but I would think it would be a long shot. It's worth a call in any case

Chris
thank you for getting back to me chris, i will contact you about it and see how it goes. j great thread chris. well done.
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Old 23 January 2011, 07:37 AM   #426
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thank you for getting back to me chris, i will contact you about it and see how it goes. j great thread chris. well done.
Whenever you're ready, Johny
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Old 23 January 2011, 08:20 AM   #427
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Well, this is a little different to the issue of watches sitting in AD's windows - those are moved around at least twice each day, so the movements will start up reasonably regularly, meaning the oils will remain well spread around the watch. Sitting in a drawer without being used for 11 years is a different matter: I would personally recommend a service in this instance. I would be worried about the components inside the watch not being properly lubricated if it started being worn again, so I would err on the side of caution
Many thanks Chris..
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Old 23 January 2011, 08:34 AM   #428
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Many thanks Chris..
No problem, Michael
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Old 24 January 2011, 02:17 AM   #429
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The topic of sitting in cases is an interesting one. I approached an AD some time ago over a limited edition Speedmaster that had been sitting in a display case for over 5 years, the AD refused to accept that there was anything wrong with that and claimed that being in a case for 5 years meant it would be perfect, but for a Speedmaster Pro, manual wind, its going to have had no chance for oils to circulate in all that time, in the case of something like that, would you guys offer an included service to offset the risk of an old stock manual wind watch that was that age without sale?
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Old 24 January 2011, 02:24 AM   #430
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The topic of sitting in cases is an interesting one. I approached an AD some time ago over a limited edition Speedmaster that had been sitting in a display case for over 5 years, the AD refused to accept that there was anything wrong with that and claimed that being in a case for 5 years meant it would be perfect, but for a Speedmaster Pro, manual wind, its going to have had no chance for oils to circulate in all that time, in the case of something like that, would you guys offer an included service to offset the risk of an old stock manual wind watch that was that age without sale?
Hi Ashley,

Manual wind watches are a little bit more interesting from that aspect. If it were me in that kind of position, such an old watch would probably be sold at a very good discount, at least enough to cover the cost of a service anyway. Most watches these days come with at least a two-year guarantee, which should, in theory, pick up on any problems caused by lubricants being improperly distributed. As I have said previously, the margins on services across the board aren't great, so it wouldn't be as easy to give one away for free, but if it meant preserving good customer relations, then I'm sure we would at least help out if it started displaying issues before a regular service was expected. As with anything, the 5 year service recommendation is just a guideline, so I think it would have to depend on the situation, wearing habits etc.

Cheers

Chris
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Old 24 January 2011, 02:52 AM   #431
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Hi Ashley,

Manual wind watches are a little bit more interesting from that aspect. If it were me in that kind of position, such an old watch would probably be sold at a very good discount, at least enough to cover the cost of a service anyway. Most watches these days come with at least a two-year guarantee, which should, in theory, pick up on any problems caused by lubricants being improperly distributed. As I have said previously, the margins on services across the board aren't great, so it wouldn't be as easy to give one away for free, but if it meant preserving good customer relations, then I'm sure we would at least help out if it started displaying issues before a regular service was expected. As with anything, the 5 year service recommendation is just a guideline, so I think it would have to depend on the situation, wearing habits etc.

Cheers

Chris
They weren't actually willing to drop below sticker price. Strangely this particular AD was told some months ago that they were losing Omega as a brand, as a boutique was about to open and the manager said that he would rather sell the stock back to Omega than to customers. They've now lost Omega and the 80 odd watches are all gone, but there's no Omega boutique yet.
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Old 24 January 2011, 03:01 AM   #432
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They weren't actually willing to drop below sticker price. Strangely this particular AD was told some months ago that they were losing Omega as a brand, as a boutique was about to open and the manager said that he would rather sell the stock back to Omega than to customers. They've now lost Omega and the 80 odd watches are all gone, but there's no Omega boutique yet.
When a manufacturer buys back watches, in my experience at least, they want them back at a lower-than-cost price. Even at massive discounts, it beats selling back to the manufacturer. Anyway, perhaps you've been finding out why they've been dropped
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Old 24 January 2011, 04:12 AM   #433
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Hey all,

Just thought I would extend an invitation for anyone to ask questions about any aspects of an AD. I've been in the trade for a few years now, and whilst I can't claim to know absolutely everything, I know enough to answer most questions. So, fire away, I look forward to answering your queries!

Chris
I always wondering about how much they(AD) earned when sold out one pc. of SS Rolex? 20~30%? Thanks!
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Old 24 January 2011, 04:21 AM   #434
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I always wondering about how much they(AD) earned when sold out one pc. of SS Rolex? 20~30%? Thanks!
Cost works out at about 60% of MRSP, so there isn't a huge profit margin
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Old 24 January 2011, 04:41 AM   #435
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Thank you Chris for this very wonderful thread.
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Old 25 January 2011, 08:10 AM   #436
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Thank you Chris for this very wonderful thread.
Glad you've enjoyed it
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Old 25 January 2011, 09:46 AM   #437
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Hi Chris,

Would you by chance have any extra rolex boxes laying around?
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Old 25 January 2011, 09:48 AM   #438
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Hi Chris,

Would you by chance have any extra rolex boxes laying around?
Or a watch?
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Old 25 January 2011, 10:02 AM   #439
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Hi Chris,

Would you by chance have any extra rolex boxes laying around?
Hi Michael,

Unfortunately not - in the UK, the watch comes shipped with each box, and it's our policy to make sure the watch gets sold with the full package. Apart from the odd shipping box, we don't have any spares

Chris
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Old 25 January 2011, 10:03 AM   #440
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Or a watch?
Cheeky! I have a melted Seiko Monster, if that interests you
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Old 25 January 2011, 10:12 AM   #441
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How much would a shipping box cost?
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Old 25 January 2011, 10:20 AM   #442
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How much would a shipping box cost?
Rolex don't put a price on them as they're not officially for sale - on eBay, they don't seem to go for much, you'd be able to get one for less than $10
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Old 25 January 2011, 11:53 AM   #443
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Amazing thread Chris.
I do appreciate the vast pool of knowledge being shared in a single thread!!

I will not take up a lot of your time (this round) with questions,
just wanted to say thanks for your efforts!!
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Old 25 January 2011, 05:39 PM   #444
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Cost works out at about 60% of MRSP, so there isn't a huge profit margin
thanks, chris!
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Old 26 January 2011, 12:13 AM   #445
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Thanks Chris for all your time and effort with this thread, it contains an incredible wealth of information
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Old 26 January 2011, 02:48 AM   #446
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i purchased my sub LV at a prominent Rolex authorized dealer in te GTA and i got to keep my green tag no questions asked

however.....

i just purchased a few days ago a new IWC Aquatimer 2000 and the dealer told me i could not keep the tag.......i laughed and said....no tag no sale...as there is no reasonable reason for the the dealer to keep the tag...

i got the watch and the tag!

thats how i roll

rolex.....
You did the right thing. That's what i would do now that I know better. At the time the seller asked me if I would like him to put everything in the box so I could wear the watch out of the store. Of course I said yes. When I got home I realized that the green tag and bezel protector were not included. I went back 2 weeks later. I got a bezel protector out of his desk drawer, and the story on the green tag.
I'm suspecting I was told that to appease me, and that the tag was gone, or he didn't feel like searching to find the one with the right number. I'm really trying to give them the benefit of the doubt. If there's anything that I really hate its being lied to.
It was Humbertown. Where did you get yours, maxxor?

Last edited by NorthernPike; 26 January 2011 at 02:49 AM.. Reason: typos
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Old 27 January 2011, 04:08 AM   #447
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Thankyou all for your kind comments - any more questions for tonight?
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Old 27 January 2011, 04:35 AM   #448
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Thankyou all for your kind comments - any more questions for tonight?
Which one is more popular, Oyster or Jubilee bracelet? I like Oyster...
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Old 27 January 2011, 05:00 AM   #449
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Which one is more popular, Oyster or Jubilee bracelet? I like Oyster...
On gents' models it has to be Oyster, Jubilee has a stronger following on the ladies' models
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Old 27 January 2011, 05:03 AM   #450
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On gents' models it has to be Oyster, Jubilee has a stronger following on the ladies' models
On watches that has the option of either don't you think the Jubilee by far outsells the Oyster?
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