The Watch Appreciation Thread - Part two (Rolex, Patek Philippe, Audemars Piguet, Jaeger LeCoultre,

[cyc wid it]

Someone once told me: "When the apocalypse comes, you'll need three things: guns ammo, gold, and rolex."

FTFY

 

[cchen]

I have it on good authority that both of my local Rolex ADs have had record numbers of cancellations. I was offered a stainless Daytona from one of them yesterday. Turned it down.

Help a brother out.....

 

[Neville Southall]

Help a brother out.....

Hahaha. I got a Pepsi GMT for sale if you (or anyone else) wants it. Asking for less than grey market dealers.

 

[Phileas Fogg]

In uncertain times people are hesitant to drop that much money on things like this. For anyone invested in the markets, most through a combination of 401k and individual investments, we’ve just see up to 30% of our nest eggs wiped out.

 

[iris]

As a welcome distraction from the covid-19/global markets chaos...just received this beauty today

 

[tailoredtech]

Nice! I've been wearing mine daily even while working from home. Recently got a blue croc strap to pair with the blue:

 

[WSW]

It will be a long while still until a vaccine is ready for mass distribution. The recovery will only take off then. I predict a long and deep recession unfortunately. Luxury watches will be the last thing 99% of the world will care about. If you got the cash, probably more prudent to put it in the market. With luck, your gains following the recovery will more than cover the pre-COVID19 prices of the most desirable pieces.

 

[Omega Male]

Perhaps Rolex's refusal to invest massively to boost production capacity now starts to look a little less curious?

 

[brax]

Gents, I’m looking to move this. Other than a few hairline marks on the clasp, it’s mint. Box and papers. I’m the second owner. Priced reasonably. DM me for more details. Thanks! View attachment 1356168 View attachment 1356169 View attachment 1356170

Did you decide to replace this with the Deep Sea?

 

[Neville Southall]

Did you decide to replace this with the Deep Sea?

Nah. I’m just moving it.

 

[md2010]

There is no doubt watch prices will come down and we will see buyers market soon.

 

[Omega Male]

Business News: Patek Philippe, Audemars Piguet, And Hublot Announce Temporary Production Halt

As coronavirus spreads in Switzerland, more companies shut down.

www.hodinkee.com

 

[earthdragon]

There is no doubt watch prices will come down and we will see buyers market soon.

If one of my AD's calls - i will take a Daytona at retail.

 

[Phileas Fogg]

If one of my AD's calls - i will take a Daytona at retail.

I may be mistaken, but aren’t the AD’s obligated to sell at the MSRP? I thought it was a contractual agreement with Rolex. Maybe I’m wrong.

The gray market can certainly sell for whatever the market dictates.

 

[earthdragon]

I may be mistaken, but aren’t the AD’s obligated to sell at the MSRP? I thought it was a contractual agreement with Rolex. Maybe I’m wrong.

The gray market can certainly sell for whatever the market dictates.

That is what I meant by "retail" the MSRP. $13,150 (and not the gray market premium).....