Watch Part V

[Weez911]

Any feedback on this Eisenkiesel diamond-set DD40? I think the dial is beautiful. 

Edited April 12, 2021 by Weez911

[Throttle2]

42 minutes ago, Weez911 said:

Any feedback on this Eisenkiesel diamond-set DD40? I think the dial is beautiful. 

 

Cool!

[Vegas]

1 hour ago, Weez911 said:

Any feedback on this Eisenkiesel diamond-set DD40? I think the dial is beautiful. 

Full Everose Gold +5

president bracelet +5

that dial.. with the everose gold + 100

 

but i CANT afford 🥲

Edited April 12, 2021 by Vegas

[Dannnn]

1 hour ago, Weez911 said:

Any feedback on this Eisenkiesel diamond-set DD40? I think the dial is beautiful. 

Very nice, go for it if you really like, before it hype up.

[Weez911]

8 hours ago, Dannnn said:

Very nice, go for it if you really like, before it hype up.

I haven't called my AD yet and now my head is also turned by the new Patek releases yesterday evening. This is going to be fun.

[TangoCharlie]

On 4/10/2021 at 8:12 PM, Ltk said:

 Just saw it from some forum, no wounder AD yeaterday told me many brands are playing the similar  games, it going to be tough for new comer :  (

I post here it’s opinion. It tells everything just replace Patek with Rolex


Originally Posted by mwireless
Here is where you are wrong my friend. Patek has directly engineered the hype and will not let up because they are directly benefiting from it. AP and Rolex are following suit. Let me explain how and why.


Patek most certainly benefits from this hype and is also profiting directly way more than any gray market dealer ever could. If a 5711 is listed for 30k but the market price is 100k , there is a 70k difference right? Gray market dealers may grab some pieces at 80-90k and sell them for 95-100k making about 10-15k. They aren't grabbing them at 30k because nobody is stupid enough to sell them at 30k.

But the list is 30k right? Well in order for you to get one at list you need to spend 200k-300k and the Authorized dealers are telling you, Hey if you buy an annual calendar or calatrava or a watch for your wife or whatever other watch, you will have a better chance of getting your grail and instead of blowing 70k in the aftermarket atleast with us you will get something else for it. Most people buy into this and spend on other watches and guess who directly benefits 100% on that spread? Patek Philippe. In fact you end up spending probably wayyyy more than just that 70k difference.

While this wasn't the case even 5 years ago, it is the case today. What changed? Well PP began to incorporate the Hermes style of selling, It's coming down from the head of the company. This is the marketing technique that Hermes uses to sell Birkins... You need high dollar purchase history to be offered the chance to buy a Birkin bag. If you aren't familiar with this then it's hard to explain how well it works because it has been working for the better part of 50 years.

Also, Rolex and AP have basically kicked out any AD's that were discounting their watches in the past 2-3 years and have tightened up their supply as well. 3 Years ago if you wanted a royal oak chrono u could walk in and get one with a 10-15% discount. Now it's a 3 year waitlist. Walk into your rolex boutique and tell me you don't see empty watch showcases. All manipulation coming from the brand.

Did the whole world suddenly start buying watches like they were going to run out? Yes and No. Demand is certainly up but supply has been tightened as well. Why you ask? Why not just sell as many watches as possible? Well that's what they used to do and they had to discount watches. But you know what works better than discounting watches? Telling the buyer he can't have the watch he wants. The minute you tell someone you CAN'T get this, guess what happens. They do whatever it takes to get it. It's the cool club effect. Everyone wants to get into the club with the line outside that's hard to get into. Exclusivity sells.

So while you think gray market dealers are making off with 70k on these deals through some sort of price run up they are orchestrating the real game is being played by PP, AP and Rolex by tightening supply. Your next question should be well if they're tightening supply aren't they selling less watches? No, in fact they are selling more watches because they have tightened supply on only their best selling timepieces and in order to get them you need to buy their other watches which raises the brand awareness.

Why did the offshore take off and then popularity die off? It was limited in the beginning and then Too easily accessible. This is why TS discontinued the 5711. It's market manipulation but not by gray market dealers... Honestly have you talked to some of these guys? You give them way too much credit if you think they're able to manipulate the market LOL. I know so many dealers who have almost completely missed the run up on some of these watches because they couldn't understand what was happening. It's the brand itself that is doing it and benefitting wholly and directly from it. And it is the New Normal. If you think they days of getting popular watches at list is coming back anytime soon you are going to be waiting forever because this is not a market anomaly, it's a complete shift in selling strategy that is being taught and directed at the highest level down to the dealers.

This keeps the demand hot by limiting their best pieces (daytonas, nautilus, royal oak) and sales remain high at the same time because you are buying their other pieces to move up higher in line to get the best ones. I can't explain it any better. The brands are playing Chess, while everyone else is playing checkers.

 

 

Thanks! Sounds awful,  like a cornered stock.🙃

T2, do you apply your portfolio management to your rolex collection by taking profit also?

[Throttle2]

43 minutes ago, TangoCharlie said:

Thanks! Sounds awful,  like a cornered stock.🙃

T2, do you apply your portfolio management to your rolex collection by taking profit also?

For my Rolexes, i know its time to sell when i consistently dont give it enough wrist time.  
Its not so much about the profits becos they keep going up anyway......muayhaha.  
if i had kept every piece i have ever owned till now...........hai......😂

[TangoCharlie]

12 minutes ago, Throttle2 said:

For my Rolexes, i know its time to sell when i consistently dont give it enough wrist time.  
Its not so much about the profits becos they keep going up anyway......muayhaha.  
if i had kept every piece i have ever owned till now...........hai......😂

Got earn can already....sounds familiar?

Huat ah!😄

[Throttle2]

20 minutes ago, TangoCharlie said:

Got earn can already....sounds familiar?

Huat ah!😄

Not familiar.  As it is not used in this context. 
 

but i do always say, any profit is better than a loss. 😀

Edited April 13, 2021 by Throttle2

[Spidey10]

13 hours ago, Damienic said:

Haha yes...it’s kind of addictive...after buy one, I kept thinking what’s next? 

me too...kept thinking the next one....but cannot get....from AD.....unless go grey, but i reaaly dun have the heart to sink the $$ on grey know that AD is selling it way cheaper..

still hunting/waiting for my 3rd one.... 

[Throttle2]

12 hours ago, Weez911 said:

Any feedback on this Eisenkiesel diamond-set DD40? I think the dial is beautiful. 

 

The new DD40 hits a homerun in the proportions and watch overall dimensions.

while making it the same size as its sports series, Rolex has succeeded in maintain the elegant classic feel and look of the original DD.

I missed out on the DD40 due to my own slack.  Now wont chase anymore since it is 40-50% higher in the grey.

moving on....😕

Edited April 13, 2021 by Throttle2

[Weez911]

Yep, there is no possibility of stopping this hobby. Every year the hype at BaselWorld and now W&W just move the momentum on. It is highly addictive.

Personally I think it is a good thing Rolex did not release brand new GMT (oyster bracelet doesn't count), sub and Daytona this year. It allows buyers to skip their sport allocation from AD for 1 year until the next W&W.

Patek, on the other hand, has released some nice poison this year, but all their nice stuff are damn difficult to get. That green AP Jumbo is also great, as well as the VCO PC (I understand VC has stopped taking orders for the VCO skeleton PC due to overwhelming response). Overall a very nice W&W 2021. Wish I could travel there after Covid is gone.

[Weez911]

9 minutes ago, Throttle2 said:

The new DD40 hits a homerun in the proportions and watch overall dimensions.

while making it the same size as its sports series, Rolex has succeeded in maintain the elegant classic feel and look of the original DD.

I missed out on the DD40 due to my own slack.  Now wont chase anymore since it is 40-50% higher in the grey.

moving on....😕

Yes I agree the DD40 proportion is perfect.

I think it (except for the olive green and blue dial) is still achievable from the local ADs, but with a little wait. Until late last year I still saw the Meteorite DD40 at THG. If you walk in with your vintage Rolex and if the SE is one who appreciates one, you will get your watches fairly quickly when they know you are a watch connoisseur/hobbyist.

[Throttle2]

2 minutes ago, Weez911 said:

Yes I agree the DD40 proportion is perfect.

I think it (except for the olive green and blue dial) is still achievable from the local ADs, but with a little wait. Until late last year I still saw the Meteorite DD40 at THG. If you walk in with your vintage Rolex and if the SE is one who appreciates one, you will get your watches fairly quickly when they know you are a watch connoisseur/hobbyist.

Yes the olive green.
was offered $50.6k nett in Rolex Marina Square
was offered $45k nett in Rolex Ginza Tokyo, dec 19.

but there really was no hurry, i felt.  So didnt buy.  There is no hurry still today, just a mini sense of loss 🤣

i think i am going to Watch Palace this week to see what solid gold they have....haha

[Damienic]

14 minutes ago, Weez911 said:

Yep, there is no possibility of stopping this hobby. Every year the hype at BaselWorld and now W&W just move the momentum on. It is highly addictive.

Personally I think it is a good thing Rolex did not release brand new GMT (oyster bracelet doesn't count), sub and Daytona this year. It allows buyers to skip their sport allocation from AD for 1 year until the next W&W.

Patek, on the other hand, has released some nice poison this year, but all their nice stuff are damn difficult to get. That green AP Jumbo is also great, as well as the VCO PC (I understand VC has stopped taking orders for the VCO skeleton PC due to overwhelming response). Overall a very nice W&W 2021. Wish I could travel there after Covid is gone.

PP new release. Are you looking to get one of these? 

[Damienic]

35 minutes ago, Spidey10 said:

me too...kept thinking the next one....but cannot get....from AD.....unless go grey, but i reaaly dun have the heart to sink the $$ on grey know that AD is selling it way cheaper..

still hunting/waiting for my 3rd one.... 

I buy only from AD....but need to wait...haha

[Weez911]

7 minutes ago, Throttle2 said:

Yes the olive green.
was offered $50.6k nett in Rolex Marina Square
was offered $45k nett in Rolex Ginza Tokyo, dec 19.

but there really was no hurry, i felt.  So didnt buy.  There is no hurry still today, just a mini sense of loss 🤣

i think i am going to Watch Palace this week to see what solid gold they have....haha

Good luck bro - I haven't gone to WP for a while but maybe they still have gold pieces. Can try Emperor at Wisma and Hilton also since they are nearby only.

I understand that sense of loss feeling. I have been offered the AP15202 by the AP Boutique in 2016 but did not pull the trigger. It has just been discontinued and the value is now 130k. nbz.

3 minutes ago, Damienic said:

PP new release. Are you looking to get one of these? 

These are nice but I'm more interested in the PC. However at 41mm, need to try on the wrist first to be sure.

[Damienic]

33 minutes ago, Weez911 said:

Good luck bro - I haven't gone to WP for a while but maybe they still have gold pieces. Can try Emperor at Wisma and Hilton also since they are nearby only.

I understand that sense of loss feeling. I have been offered the AP15202 by the AP Boutique in 2016 but did not pull the trigger. It has just been discontinued and the value is now 130k. nbz.

These are nice but I'm more interested in the PC. However at 41mm, need to try on the wrist first to be sure.

Oh wow, you are looking at this one? Damn nice but price also very nice. Haha