Where Should I Buy A Rolex?

[FidelCashflow]

Originally Posted by SoCal2NYC

-10

Agreed. I'd be quite happy to pay a small premium to buy something in person rather than over the internet. Something is distinctly unappealing to me about buying used watches.

 

[Tomasso]

Originally Posted by FidelCashflow

Something is distinctly unappealing to me about buying used watches.
Well then, I guess we won't see you at any of the important auctions, since most of the watches are pre-owned.

 

[LabelKing]

I bought a Rolex Airking--complete with papers, extra link--and two Omega Seamasters for $1000.

It was at an estate sale.

I don't wear the watches.

 

[FidelCashflow]

Originally Posted by Tomasso

Well then, I guess we won't see you at any of the important auctions, since most of the watches are pre-owned.

Nope. Don't wait up!

 

[HomerJ]

Originally Posted by LabelKing

I bought a Rolex Airking--complete with papers, extra link--and two Omega Seamasters for $1000.

It was at an estate sale.

I don't wear the watches.

I'll take one off your hands. They wouldn't fit on your little wrists anyway.

 

[LabelKing]

Originally Posted by HomerJ

I'll take one off your hands. They wouldn't fit on your little wrists anyway.
The Omegas I sold, and my father wears the Rolex. The Omegas were gold-filled automatics. One of them was a rather desirable bumper.

 

[lakewolf]

Exactly.

"Legal" fakers, declare clearly that their watches are fakes and contain a non-rolex movement, some fake-rolex movements are made in china others in Italy, there are even movements made in Le Locle Switzerland ( the mecca of horlogerie ).

But they deliver the fake with all "authentic-like" detailing, box, hologram, certificate etc.

On ebay you can see a large number of "authentic" rolex for sale with no reserve and low price. This is simply, fake rolexes with fake rolex-movements on them. beware.

To be sure you are getting a real rolex you should get it from an AD with papers of authenticity.

Originally Posted by edmorel

The movement for one. Rolex has a patented screw down crown that even the best fakes can't replicate, but sometimes you can't tell until you open the watch.

 

[Jupiter]

Originally Posted by lakewolf

Exactly.

To be sure you are getting a real rolex you should get it from an AD with papers of authenticity.

AGREED. I bought mine new from AD.

Too many fake watches/pieces out there so I decided for such a large investment not to take the risk.

 

[Dakota rube]

The Rolex dealer in my town got its walking papers after selling watches at 25%+ off retail. They have photos hanging in their store of all the musicians who've come to play a gig here and end up buying a Rolex 'cause the discount was so steep; hundreds of photos. I bought one for my ex (while we were still hitched) at about 25% off.

 

[Teacher]

Originally Posted by Dakota rube

The Rolex dealer in my town got its walking papers after selling watches at 25%+ off retail. They have photos hanging in their store of all the musicians who've come to play a gig here and end up buying a Rolex 'cause the discount was so steep; hundreds of photos. I bought one for my ex (while we were still hitched) at about 25% off.

Royal?

 

[Ambulance Chaser]

Originally Posted by Dakota rube

The Rolex dealer in my town got its walking papers after selling watches at 25%+ off retail. They have photos hanging in their store of all the musicians who've come to play a gig here and end up buying a Rolex 'cause the discount was so steep; hundreds of photos. I bought one for my ex (while we were still hitched) at about 25% off.
This story confirms what I have read elsewhere -- that Rolex will strip a dealer of its AD status if it is caught selling Rolexes for a discount above a set level. The dealers who are selling Rolexes for 30-35% off are either selling fakes or willing to live dangerously.

 

[SoCal2NYC]

Originally Posted by Ambulance Chaser

This story confirms what I have read elsewhere -- that Rolex will strip a dealer of its AD status if it is caught selling Rolexes for a discount above a set level. The dealers who are selling Rolexes for 30-35% off are either selling fakes or willing to live dangerously.

Not only Rolex, many other companies.

 

[Twotone]

Rolex may be able to set MSRP and control dealers who discount (although this does violate FTC rules). They cannot, however, control how much a dealer will offer for "trade-ins". Some Rolex dealers will sell the watch at full MSRP, but get a high trade-in value for a worthless watch. Just one way of beating the system, but staying within the "rules".

Twotone

 

[Dakota rube]

Originally Posted by Teacher

Royal?
Yep.

 

[SoCal2NYC]

How does setting a price on a luxury good violate the Federal Trade Comission?