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    Watches - another OCD problem

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    • GilesG
      Giles
      IHUK Crew
      Joined:

      My 10 cents.

      I think that the Spring Drive is so utterly brilliant and innovative, and in my opinion it perfectly encompasses all that is Japanese, 28 years and 600 prototypes, who the heck else would do that?

      "OK face up to it - you're useless but generally pretty honest and straightforward . . . it's a rare combination of qualities that I have come to admire in you" - Geo 2011

      last edited by louisboscoL 1 Reply Last reply Reply Quote 2
      • Aussie BenA
        Aussie Ben
        Raw and Unwashed
        Joined:

        IMG_3604.jpeg
        Always wanted a Rolex and when I was finally in a financial position to do so I booked an appointment to buy a submariner and wow, did I get a harsh lesson. Was accused of being a scalper and apparently I was someone who was only there to make a profit and not a lover of watches. I had zero idea of what she was on about and walked out feeling like shit. Tried five more stores in 4 other countries and was given very similar treatment. So I went with Omega. Absolutely love em. The Chrono is my daily watch and feels bullet proof. Can’t fault it. I’d love to eventually add a German made Sinn U50 to the fold and one day a Grand Seiko. I’ve worn Seiko’s for the majority of my life and to step it up and eventually buy a spring drive would be pretty bloody cool. Gotta have the power reserve on the front face though.

        last edited by GilesG 1 Reply Last reply Reply Quote 4
        • GilesG
          Giles
          IHUK Crew
          @Aussie Ben
          Joined:

          @Aussie-Ben said in Watches - another OCD problem:

          did I get a harsh lesson. Was accused of being a scalper and apparently I was someone who was only there to make a profit and not a lover of watches.

          How to make friends - NOT......

          "OK face up to it - you're useless but generally pretty honest and straightforward . . . it's a rare combination of qualities that I have come to admire in you" - Geo 2011

          last edited by Giles Aussie BenA 1 Reply Last reply Reply Quote 2
          • Aussie BenA
            Aussie Ben
            Raw and Unwashed
            @Giles
            Joined:

            @Giles in my part of the world there is definitely some games being played with the brand and their watches. It’s the same 3 or 4 people non stop selling “brand new stock” on the grey market for jacked up prices. What ever

            last edited by 1 Reply Last reply Reply Quote 0
            • GilesG
              Giles
              IHUK Crew
              Joined:

              I used to have a couple of Rolex's (I bought them off a mate for silly cheap, not because I particularly wanted one). I flogged them to help fund something that I really wanted. I absolutely hate the way Rolex manipulate of the market and think it is disgustingly cynical. On the basis that they make about a million watches per year, they're not even all that scarce. However, I take my hat off to them, because they're fucking good at it.....

              "OK face up to it - you're useless but generally pretty honest and straightforward . . . it's a rare combination of qualities that I have come to admire in you" - Geo 2011

              last edited by 1 Reply Last reply Reply Quote 2
              • louisboscoL
                louisbosco
                啓蒙家
                @Giles
                Joined:

                @Giles fair point. will take it into consideration the next time 1 gets on my wrist

                "Loyalty is a two way street. If i'm asking for it from you, then you're getting it from me."

                • Harvey Specter
                last edited by 1 Reply Last reply Reply Quote 0
                • JDelageJ
                  JDelage
                  啓蒙家
                  Joined:

                  I'm not sure it's fair to say Rolex manipulates anything. There's a situation where demand > supply. The normal way to resolve that would be to raise prices until supply = demand. Would it be better? Maybe, but it wouldn't change anything for me. They could use a lottery system, or a priority list, etc, but that would require undermining their dealers, which is a big ask of a manufacturer.

                  last edited by 1 Reply Last reply Reply Quote 0
                  • GilesG
                    Giles
                    IHUK Crew
                    Joined:

                    I think saying that you can't buy a sought after model until you have bought a few shite ones, is manipulative. That may not be a Rolex thing, but an AD thing, but to me that is the same thing....

                    "OK face up to it - you're useless but generally pretty honest and straightforward . . . it's a rare combination of qualities that I have come to admire in you" - Geo 2011

                    last edited by 1 Reply Last reply Reply Quote 3
                    • GilesG
                      Giles
                      IHUK Crew
                      Joined:

                      And they spend a fucking fortune on advertising and sponsorship, so that is perpetuating the over-demand.....

                      "OK face up to it - you're useless but generally pretty honest and straightforward . . . it's a rare combination of qualities that I have come to admire in you" - Geo 2011

                      last edited by 1 Reply Last reply Reply Quote 2
                      • GraemeG
                        Graeme
                        啓蒙家
                        @louisbosco
                        Joined:

                        @louisbosco I would go for a watch with the Spring Drive UFA movement, which is regulated to within 20 seconds per year. It's a unique and very accurate timepiece.

                        last edited by louisboscoL 1 Reply Last reply Reply Quote 2
                        • louisboscoL
                          louisbosco
                          啓蒙家
                          Joined:

                          tbf you could walk in and buy full gold and rose gold rolex models off the bat. not sure if that counts as shitty or not but the value on them ain't great..

                          "Loyalty is a two way street. If i'm asking for it from you, then you're getting it from me."

                          • Harvey Specter
                          last edited by louisbosco GilesG 1 Reply Last reply Reply Quote 0
                          • louisboscoL
                            louisbosco
                            啓蒙家
                            @Graeme
                            Joined:

                            @Graeme the sakura dial was the one that caught my eye..

                            "Loyalty is a two way street. If i'm asking for it from you, then you're getting it from me."

                            • Harvey Specter
                            last edited by 1 Reply Last reply Reply Quote 1
                            • S
                              sabergirl
                              見習いボス
                              Joined:

                              This is far from my area of expertise, but why in the world should a retailer care what you’re going to do with something once you purchase it? Especially if you’re willing to drop tens of thousands of dollars? Also: how in the world would they profile someone like that? Aren’t many “lovers of watches” just buying investment pieces they wear once in a while and eventually flip for profit? How would one be categorically different from another? Forgive my uninformed musings—fine watches are waaay beyond my scope financially so I understand very little of this world.

                              last edited by AdamJA Aussie BenA 2 Replies Last reply Reply Quote 2
                              • AdamJA
                                AdamJ
                                IHUK Crew
                                @sabergirl
                                Joined:

                                @sabergirl not watches but I recall reading a similar story about expensive car dealerships profiling potential buyers in the Bay Area. If a guy walked in wearing a flash suit, the salesman would be hesitant to let them test drive right away. If a guy walked in wearing a simpsons t-shirt and battered sneakers, he'd hand him the keys instantly, knowing they were the silicon valley developers with loads of money 😂

                                The devil is in the detail..

                                last edited by 1 Reply Last reply Reply Quote 1
                                • S
                                  sabergirl
                                  見習いボス
                                  Joined:

                                  Having spent many years in SF, that tracks @AdamJ .

                                  last edited by 1 Reply Last reply Reply Quote 1
                                  • GilesG
                                    Giles
                                    IHUK Crew
                                    @louisbosco
                                    Joined:

                                    @louisbosco said in Watches - another OCD problem:

                                    not sure if that counts as shitty

                                    I meant shitty in terms of desirability, not form or function. For the record, I have nothing against the watches, just the company 🙂

                                    "OK face up to it - you're useless but generally pretty honest and straightforward . . . it's a rare combination of qualities that I have come to admire in you" - Geo 2011

                                    last edited by 1 Reply Last reply Reply Quote 0
                                    • mclaincauseyM
                                      mclaincausey
                                      見習いボス
                                      Joined:

                                      There is no question that Rolex manufacturers scarcity in their distribution model, and of course that is almost certainly intentional. It's one way they maintain prestige that is outsized to the intrinsic value of the products. I think this distribution model also offers something similar to what ticket brokerages like Ticketmaster offer artists in being the "bad guy" who takes all the heat from frustrated customers or wannabe customers. And while they don't officially embrace the gray market, it helps them too: a buffer in the event of low demand, and a source of pricing and market value signals (e.g., if they see aftermarket prices collapse on certain models, in theory that could inform manufacturing, promotion, pricing, and distribution strategies and decisions.

                                      I do admire their vertical integration and what that does for quality at scale from a manufacturing perspective, and now they are extending verticality into distribution by buying Bucherer.

                                      This is such a change from the AD model and seems to at least potentially undermine the ADs, while also via the CPO program undermining the gray market. In one fell swoop the two major distribution channels I am aware of are disempowered and made vulnerable.

                                      Pick your asshole, I guess, if you want to buy one 😂

                                      Think it, be it.

                                      last edited by 1 Reply Last reply Reply Quote 1
                                      • Aussie BenA
                                        Aussie Ben
                                        Raw and Unwashed
                                        @sabergirl
                                        Joined:

                                        @sabergirl I do look pretty rough round the edges. I definitely don’t look like the type of person who could afford such a thing, so there’s maybe that.
                                        The solar seiko on my wrist may of been a red flag too. I’m not sure, that was 2 years ago. I’m not sure where the current market is and I was attempting to buy when demand was high or what.
                                        I’m not really a watch bloke.
                                        I just a lover of high quality anything and everything. In Singapore I was told that they only sell to Singapore Nationals
                                        Perth was told I was a flipper/scalper,
                                        Bangkok that they didn’t have anything in stoc
                                        Queenstown in New Zealand that it’s exhibition stock only.
                                        One thing i do like Omega, the average person doesn’t know what an Omega is and those that do know never ask if it’s real or not.
                                        That being said I’d still love a Rolex but I’ll never beg someone to take my money and I will not buy grey market.

                                        Anyway, my next 2 watches will be a Sinn and a Grand Seiko

                                        last edited by Aussie Ben 1 Reply Last reply Reply Quote 0
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