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Old 23 May 2019, 11:53 AM   #1
obruno
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What’s the real problem with the hulk availability?

Some says it’s just a demand x offer issue but it seems a little overrated the level of “demand” on it. I mean it’s far a complex watch among the range of Rolex models.

In the end of the day it seems an artificially lack of availability.

As I noticed it seems there are long waiting list all over the world, what doesn’t happen with a black one (and the only difference is the collor).

Anyway just an outflow regarding this

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Old 23 May 2019, 12:13 PM   #2
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Some says it’s just a demand x offer issue but it seems a little overrated the level of “demand” on it. I mean it’s far a complex watch among the range of Rolex models.

In the end of the day it seems an artificially lack of availability.

As I noticed it seems there are long waiting list all over the world, what doesn’t happen with a black one (and the only difference is the collor).

Anyway just an outflow regarding this

Best regards


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The green Submariner is very popular. I do, too, believe the lack of supply is artificial.
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Old 23 May 2019, 12:36 PM   #3
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(and the only difference is the collor).

Best regards


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Never under-estimate the power of color.

People will pay more for a car that is their favorite color, even when the one next to it is cheaper yet better in all other aspects.
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Old 23 May 2019, 12:38 PM   #4
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No joke a retail secondary seller I visited had 10 of them in the case. 5 were stickered. Owner tells me each week people come in to sell their stickered ss Rolex to him.
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Old 23 May 2019, 12:43 PM   #5
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No joke a retail secondary seller I visited had 10 of them in the case. 5 were stickered. Owner tells me each week people come in to sell their stickered ss Rolex to him.
I believe it. Not too long ago LVcs just sat around ADs or for sale on the secondary market. Minus the crazy “premiums” of course.
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Old 23 May 2019, 12:45 PM   #6
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believe or not, demand >>supply at retail price period.
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Old 23 May 2019, 05:53 PM   #7
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Firstly, the Submariner LN is also hard to get hold of. Assuming less LVs are produced it stands to reason that it would be harder to get. Also, there is no reason to assume that Rolex models are hard to obtain because of high demand.
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Old 23 May 2019, 06:00 PM   #8
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There was a time Hulks sold for 10% off.

Those times are long gone.
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Old 23 May 2019, 06:15 PM   #9
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No joke a retail secondary seller I visited had 10 of them in the case. 5 were stickered. Owner tells me each week people come in to sell their stickered ss Rolex to him.


This says it all. There is no artificial shortage.

Demand exceeds supply. Add in the power of social media and it’s influencers and all of a sudden certain Rolex watches become an opportunity to make money.

LVCs didn’t suddenly become desirable because of the colour. They became desirable because a) they became hard to get and b) their market value skyrocketed. Nothing more. Nothing less.

It’s capitalism at its “finest”

There’s no conspiracy.




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Old 23 May 2019, 06:17 PM   #10
Batmannr1
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In the pre-owned market there are plenty of Hulks around. At a watch trade market in Munich I saw 100+ 116610LVs for sale by greys. Probably the most offered Rolex SS model at the fair. So scarcity is IMHO artificial.
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Old 23 May 2019, 06:28 PM   #11
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Originally Posted by Devildog View Post
This says it all. There is no artificial shortage.

Demand exceeds supply. Add in the power of social media and it’s influencers and all of a sudden certain Rolex watches become an opportunity to make money.

LVCs didn’t suddenly become desirable because of the colour. They became desirable because a) they became hard to get and b) their market value skyrocketed. Nothing more. Nothing less.

It’s capitalism at its “finest”

There’s no conspiracy.




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Couldn't sum it up better if I tried
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Old 23 May 2019, 07:09 PM   #12
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I bought mine years ago when they was easy to get , As soon as I'd purchased it the sales assistant pulled another one out and put it on display .
I would say that behind the Daytona ( which was always a little hard to get ) The hulk become the first watch to be difficult to get . I was watching the prices rise on the grey market well before any of the other professional watches began to rise .

There could be many reasons for this and maybe others can confirm but I have been told that Green is very popular in China and also heard that it's popular i the Middle east due to Green being the Prophets colour ?
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Old 23 May 2019, 09:26 PM   #13
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What’s the real problem with the hulk availability?

In a word....hype.
Five years ago this watch sat on shelves like the five digit LV before it.
I don't necessarily believe there is a shortage but demand is up.
Problem? new middle layer of aggressive resellers, all the watches are available by the dozens on the second hand market. That's not shortage.

You want to see real shortage, demand, low production numbers... another one word, 5711.
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Old 23 May 2019, 09:31 PM   #14
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Quote:
Originally Posted by Devildog View Post
This says it all. There is no artificial shortage.

Demand exceeds supply. Add in the power of social media and it’s influencers and all of a sudden certain Rolex watches become an opportunity to make money.

LVCs didn’t suddenly become desirable because of the colour. They became desirable because a) they became hard to get and b) their market value skyrocketed. Nothing more. Nothing less.

It’s capitalism at its “finest”

There’s no conspiracy.


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Exactly, just saw a video on youtube about a Porsche GT3 explaining how he bought it...real estate, stocks and luxury watch sales....it wasn't DSW or any respectable seller, not even an enthusiast who knows watches. Just another "business man" who sees an opportunity and has financing to invest.
We all know the easiest way to get a Daytona is buy a pm, post it on IG, then flip them both. Easy money.
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Old 23 May 2019, 09:59 PM   #15
Etschell
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Quote:
Originally Posted by Devildog View Post
This says it all. There is no artificial shortage.

Demand exceeds supply. Add in the power of social media and it’s influencers and all of a sudden certain Rolex watches become an opportunity to make money.

LVCs didn’t suddenly become desirable because of the colour. They became desirable because a) they became hard to get and b) their market value skyrocketed. Nothing more. Nothing less.

It’s capitalism at its “finest”

There’s no conspiracy.




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Indeed. More frustrating was him bragging about their Instagram presence. He had no interest in selling a watch to me. A watch offered at 28.5k he would not move below that price. Even though on Ebay he would lose 3.5k on the sale. I left respectfully but a little let down. Could have made a deal.
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Old 24 May 2019, 12:18 AM   #16
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I don't know... My AD made it sound pretty easy to put one in my hands. When I requested the last SS model I bought, he asked if I would rather have a Hulk instead.

The way it was said leads me to believe that the AD's are not allowed to just sell them to new customers but the AD's do have them (or have the ability to get them) rather easily.

I have noticed and I could be wrong that most first time buyers are interested in the Hulk and most repeat buyers seem to pass over it in favor of other references (e.g. GMT). This may be creating an issue for Rolex AD's.

Yes, if they opened up sales to everyone there would likely be no inventory but if repeat clients aren't buying them in great numbers, they probably have a surplus and that is likely why I keep getting offered one.

So I think the answer here is both. The demand from new customers definitely outweighs supply but the demand from repeat customers doesn't seem to do so.

Again, I could be totally wrong here but that's my take on it.
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Old 24 May 2019, 12:20 AM   #17
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There was a time Hulks sold for 10% off.

Those times are long gone.
I remember that, they were in windows everywhere. Now Rolex is making the same amount and people are up in arms, not the fault of Rolex. They not Nike!
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Old 24 May 2019, 01:11 AM   #18
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They are currently enjoying great popularity. They use to be 20%-25% off. If you like the look, they are a nice watch. I would not buy any luxury item as an investment, but that's just me.
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Old 24 May 2019, 02:28 AM   #19
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Have you tried getting a black one lately? Impossible even as a regular customer in most places.
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Old 24 May 2019, 03:25 AM   #20
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I remember that, they were in windows everywhere. Now Rolex is making the same amount and people are up in arms, not the fault of Rolex. They not Nike!
Yep and black subs would go for 20-25% off... Times were good.
Those were grey dealers offering that...The shops were a bit more reluctant to offer that high unless you were buying en-masse. Just like what the greys do nowadays but prices have shifted.
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Old 24 May 2019, 03:34 AM   #21
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Wanting what isn't easily available and FOMO plays a big role
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Old 24 May 2019, 11:27 AM   #22
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My point is if a company notice it can make profit with some product it may try to boost its offering.
I agree it’s artificial


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Old 24 May 2019, 01:14 PM   #23
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Originally Posted by Devildog View Post
This says it all. There is no artificial shortage.

Demand exceeds supply. Add in the power of social media and it’s influencers and all of a sudden certain Rolex watches become an opportunity to make money.

LVCs didn’t suddenly become desirable because of the colour. They became desirable because a) they became hard to get and b) their market value skyrocketed. Nothing more. Nothing less.

It’s capitalism at its “finest”

There’s no conspiracy.




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People lying about it being discontinued hasn’t helped any. We have been hearing for 4 years now it is going to be axed and it is impacting the price regardless if people want to admit it or not.
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Old 24 May 2019, 02:27 PM   #24
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I've been watching LVs on watchrecon.com for a while, hoping for the dip that everyone is predicting.... but prices are going up. A month ago you could find them for $12K to $13K. Now its $14K to $15K.

Probably for the best. I don't need another Rolex anyway. I think it's time for me to step back and enjoy what I have. Maybe I'll save some money and check back in whenever Rolex puts out their new model case designs down the road.
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Old 24 May 2019, 02:36 PM   #25
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People lying about it being discontinued hasn’t helped any. We have been hearing for 4 years now it is going to be axed and it is impacting the price regardless if people want to admit it or not.
The real impact was these stupid rumors causing people to sell them for higher and higher. However, if no one bought them for those prices then that would have been the end of it. Unfortunately, all it takes literally is 1-2 buyers on EBay to buy them for the higher/crazy price and then everyone adjusts their pricing....

All it takes, rumors or not, for prices to creep higher....is for one or two people to buy at the inflated price. That is what has been happening.
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Old 24 May 2019, 04:05 PM   #26
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The ADs I have talked to said they are seeing an 80% drop in their SS allocations compared to 5 years ago..
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Old 24 May 2019, 04:51 PM   #27
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Originally Posted by Devildog View Post
This says it all. There is no artificial shortage.

Demand exceeds supply. Add in the power of social media and it’s influencers and all of a sudden certain Rolex watches become an opportunity to make money.

LVCs didn’t suddenly become desirable because of the colour. They became desirable because a) they became hard to get and b) their market value skyrocketed. Nothing more. Nothing less.

It’s capitalism at its “finest”

There’s no conspiracy.




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Spot on

Nobody wanted this bloody thing in 2013 - which is why they were sitting in windows and I got a 12% discount on the RRP back then. About £5,100

Most people hated the green. Few liked it and many said it’s an awkward colour to match with clothes.
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Old 24 May 2019, 04:53 PM   #28
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The ADs I have talked to said they are seeing an 80% drop in their SS allocations compared to 5 years ago..
Doubt it. Would be very surprised if units delivered to AD had dropped.

I’d say they might be only managing to fulfill 20% of wait list per year.
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