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12 February 2018, 07:46 AM | #1 |
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Why is there a shortage of SS sports models?
Why is there a shortage of SS sports models? 20 years ago it seemed like every AD had doubles of every SS sports model and was readily offering discounts.
Is it that the current "typical" buyer is more "sporty" in fashion and taste? As in, the older generation would pick something on a strap or something like a Datejust? It appears to my untrained eye that Rolex isn't meeting demand. Are they disconnected to the economic trends? Perhaps, not too concerned - being a charity? Or, maybe they are shrewder then they appear - letting out SS models at a trickle, further pushing up their brand? |
12 February 2018, 07:48 AM | #2 |
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More demand than supply
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12 February 2018, 07:49 AM | #3 |
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It’s all us rolex collectors talk about these days!!
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12 February 2018, 07:53 AM | #4 |
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12 February 2018, 08:07 AM | #5 |
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Worldwide demand has increased substantially while overall production numbers have remained about the same. Although many conspiracy theorists here will say that Rolex is deliberately limiting the supply.
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12 February 2018, 08:15 AM | #6 |
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I don't think it's as bad as some make it seem.
I agree with many here the simplest of the answers is heightened demand. With that said I can get any SS sports model from my AD within 4 weeks, exception being the Daytona and Blue Dial Skydweller. I simply need to send my AD a text right now and I'll have it within a few weeks wait time max. Want to bet me? I'm just looking for a reason to buy a BLNR lol.
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12 February 2018, 08:16 AM | #7 |
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Rolex frenzy.
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12 February 2018, 08:31 AM | #8 | |
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12 February 2018, 08:32 AM | #9 | |
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12 February 2018, 08:34 AM | #10 | |
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12 February 2018, 09:07 AM | #11 |
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I think the answer is that Rolex has has a great year, and production is now dwindling until after Baselworld (retooling for new models, potential reductions to the catalogue, new movements coming out, etc.). I suspect this is a short-term issue in the US.
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12 February 2018, 09:10 AM | #12 |
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There's a shortage?
First I'm hearing of it. |
12 February 2018, 09:11 AM | #13 |
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Because people are realizing that Rolex watches are incredible investment vehicles. They're smartly taking their money out of the stock market and buying up SS Professional watches. It's like compound interest on your wrist!
When your financial advisor says to diversify, he clearly meant Rolex SS Professional.
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12 February 2018, 09:37 AM | #14 |
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My answer is China. Pure and Simple.
The fast growing middle class China population is highly educated, well travelled ,well informed, tech savvy and they are simply blowing away the competition. According to the Gobal Wealth Report findings of Credit Suisse, Zurich, the Chinese middle class has an estimated wealth of about 17 Trillion US dollars and that's roughly 3% of the world's wealth, so their purchasing power is something to be reckoned with. You can argue, disprove my theory and quote me on this one but I daresay 33% of the world's Rolex SS sports watches, whether you like it or not are destined for the ever expanding markets in mainland China, Hong Kong ,Japan, Singapore and South Korea.... |
12 February 2018, 09:44 AM | #15 | |
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12 February 2018, 09:47 AM | #16 |
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12 February 2018, 10:02 AM | #17 |
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Walked in to my AD today new stock avail as compared to last week 1sub date 3 yachtmasters 2 milgauss 3 Daytona’s 1 skydweller, he said he hasn’t heard of the limitations often spoke of here, so with that being said “Only Rolex Knows”
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12 February 2018, 10:06 AM | #18 | |
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12 February 2018, 10:09 AM | #19 |
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12 February 2018, 10:11 AM | #20 |
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12 February 2018, 10:27 AM | #21 |
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Check out China's appetite for Swiss Watches.Observe countries with negative growths.Hong Kong is on the road to recovery while US is slumping. Although not stated here, my tiny country posted a positive import growth rate of +17.8% last year
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12 February 2018, 10:34 AM | #22 |
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interesting facts that does give weight to the notion that china is sucking up the supplies.
china is afterall, the biggest holder of usa treasury bills. |
12 February 2018, 10:38 AM | #23 |
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Thanks. I think you make a strong argument, although it is difficult to extrapolate the supply of something as specific as Rolex's stainless steel sports models from data about the entirety of the Swiss watch industry, especially when, despite the downturn, the US still ranks second in exports. That said, when we combine Hong Kong and China, we can see the Asian market gets a lot of the Swiss' attention.
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12 February 2018, 10:59 AM | #24 |
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Yes and no.
I think it’s more demand today by less people!! Meaning you have less percent of the population wanting and affording Mir and more Rolex watches to be added to their collection (take a quick look at the signature of people in this one thread along and you will that it averages 4-5 watches per person) The good thing is now the demand is high by those folks which drives more business for Rolex and drives prices higher The not so great news is when the current “hoarders” are gone, will the demand continue to the the same by future generations? 20 years ago competition was very limited and it was similar but now the competition is huge and part of the reason demand is high is those who grew seeing their dads admire and love their one Rolex understand that but with less people (But more watches per person) leaves less future generations interest My logic could be flawed but no way on earth the crazy 50% above MSRP for a daytona can be sustainable for long so either interest will fade or Rolex will produce an “economy watch”!!
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12 February 2018, 11:01 AM | #25 |
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Rolex is restricting supply to create false scarcity
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12 February 2018, 11:20 AM | #26 |
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I was at my AD this past Friday and they were dry to the bone. It was very sad.
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12 February 2018, 11:26 AM | #27 |
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It is not very complicated. Rolex has a limit on how many watches it will ship/sell to US ADs, they reached that limit in August 2017, after that they pretty much shipped nothing.
In the beginning of the year, after the holidays, they take global inventory and then decide if there are any changes to prices, production quotas, etc. Add to that global demand, Asian tourism is picking up again and they love to bring back Rolex and other luxury goods. Net/net result is that there pretty much zero inventory of ss sport Rolex anywhere, but shipping has begun again. The problem is the pent up demand so anything "good" that comes it is gone right away. It will remain like this for quite some time (maybe the volatility of the stock market this year will slow down the demand). |
12 February 2018, 12:13 PM | #28 |
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12 February 2018, 12:15 PM | #29 |
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I think it’s Russian collusion
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12 February 2018, 12:20 PM | #30 | |
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Yesterday, I visited Geary’s BH and Century City and as far as SS sports models all they had was a single black bezel GMT. A couple days ago I was at Hing Wa Lee San Gabriel and they had nothing in SS sports models. All three stores were up to their elbows in Datejusts and Daydates, though. |
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