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Whats going on with the prices of Rolex Watches

sofie01

New member
Aug 2, 2011
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So I will be purchasing a Rolex Submariner Stainless Steal with Date, 41mm, at the local Rolex Dealer it's $12300. But know one has any, I can buy one brand new Box , Papers, tags, $17500 .
My question is WHY, this will be my 3rd Rolex and turning 60 in July, do I wait? or pay?
 

AssTastic

I’m your Huckleberry
Jul 2, 2002
157
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From my understanding regarding the shortage of the hand-crafted luxury timepieces, it’s an issue of divergent supply and demand.
Something happened in 2020 🤪 that halted production. People decided to spend money on stuff because they couldn’t go out and spend money on stuff.
Demand went even higher on the grey market, (just like the Air Jordans). Bottom line…their production can’t keep up. That being said, I’ve read that they are building another factory.
 

southpaw

Well-known member
May 21, 2002
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My question is WHY, this will be my 3rd Rolex and turning 60 in July, do I wait? or pay?
The sooner you get it, the sooner you can hand it to your carjacker. I understand they like the bling.
 

oakvilleguy

Well-known member
Nov 30, 2005
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At a SP near me
So I will be purchasing a Rolex Submariner Stainless Steal with Date, 41mm, at the local Rolex Dealer it's $12300. But know one has any, I can buy one brand new Box , Papers, tags, $17500 .
My question is WHY, this will be my 3rd Rolex and turning 60 in July, do I wait? or pay?
People are waiting a year or two for the “affordable” models, ie stainless steel.

I was in Vegas 2 weeks ago at the Rolex store in Ceasars forum shops. They had 6 people working there and as soon as I entered the store, I was told they only had one watch available for sale that day. Can’t remember which model but it was 42k USD. Everything else in the entire store was display only. Needless to say, I wasn’t able to get a Skydweller that day.
 

Kautilya

It Doesn't Matter What You Think!
May 12, 2023
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Rolex are nice but I like the look of Breitling watches more. No I don't own one.

Hey, just buy the Rolex. You only live once.
Agree. I love their classic, navitimer and superocean collections.
 
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RskyBiz

Active member
Mar 9, 2022
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I love my "Datejust". It was my father's watch in which I inherited. I believe my parents spent $5000 in the 80s for the watch. The same current model is $20,000.
I have the same watch that was bought for about the same in 1980's. Great timepiece and so luck to have it!
 
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Butler1000

Well-known member
Oct 31, 2011
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It doesn't matrer what is happening with the price. The whole point of designer brands is is to say you don't give a fuck about the cost.
 
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stinkynuts

Super
Jan 4, 2005
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It doesn't matrer what is happening with the price. The whole point of designer brands is is to say you don't give a fuck about the cost.
Rolex is overpriced, but nothing in comparison to Patek Philippe. Each piece goes for hundreds of thousands, if not millions. That is the true definition of the rich buying grossly overpriced goods to show off their wealth.


Their watches don't even look good, and cheap knock offs are almost 100% identical.
 

Fighting_Amish

Well-known member
Dec 17, 2006
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The Big Smoke
Getting a bit off topic here, but I love how when the Swatch X Omega (or was it Omega X Swatch) was released they were immediately sold out and became available on the grey market for half the price of an entry level stainless steel Omega even though Swatch issued a statement that this was not a limited run and more will be released.

Now, I have a Seamaster as one of my fave timepieces and my SO wanted to get me a Swatch X Omega to wear when i do more physical activity because of the nylon band. She reached out to someone on either FB Marketplace or Kijiji and the guy asked $1,200 for a $350 watch. My SO was willing to pay $450-500 for it, but she told the seller not at that price. He then had the gal to ask, "how much can you afford?" She laughed and told him "I can afford a lot more than that, but I am not paying $1,200 for a $300 watch.

Needless to say, she bought it for me 3-4 months later at cost from the Swatch store in Sherway. The girl helping her at Sherway said that a few weeks after they were sold, many people were returning them to the store as the credit card bill came in and the buyers weren't able to sell for what they wanted.

Now my advice, buy the Rolex, but it sounds like you can wait a few months as it isn't something you immediately need.
 

Vinson

Well-known member
Nov 24, 2023
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Rolex is overpriced, but nothing in comparison to Patek Philippe. Each piece goes for hundreds of thousands, if not millions. That is the true definition of the rich buying grossly overpriced goods to show off their wealth.


Their watches don't even look good, and cheap knock offs are almost 100% identical.
You want priced, you should check out Vacheron Constatin

 

IM469

Well-known member
Jul 5, 2012
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Buy whatever your fragile ego requires. I never look at anybody's watches and I haven't worn a watch myself in years. I do notice that the only people who look at other people's watches are those who also own an expensive watch. It is like a fraternity of sorts.

I admit I did buy a Rolex when I lived in New York. A guy in the office was continuously flaunting his his Rolex so that motivated me to buy one also. I came in and made exaggerated gestures to show off the watch including pointing at it and whispering 'Rolex'. I don't think the gesturing pissed him off as much as me admitting that I bought mine from a street vendor for $15.
 

Dragon77

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Jun 30, 2023
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Buy whatever your fragile ego requires. I never look at anybody's watches and I haven't worn a watch myself in years. I do notice that the only people who look at other people's watches are those who also own an expensive watch. It is like a fraternity of sorts.

I admit I did buy a Rolex when I lived in New York. A guy in the office was continuously flaunting his his Rolex so that motivated me to buy one also. I came in and made exaggerated gestures to show off the watch including pointing at it and whispering 'Rolex'. I don't think the gesturing pissed him off as much as me admitting that I bought mine from a street vendor for $15.
Such a lame/weird post that reeks of insecurities and your last paragraph was not even humorous at all. Your post contributed no value or feedback whatsoever.

If someone wants to purchase a Rolex it does not equal or associate with having a "fragile ego" some people like the finer things in life while we have many lanes like yourself who envy others.
 
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