Oysterflex PM watches are overvalued and overpriced - Here’s why

[HONDABBQ]

Originally Posted by Frank McKay

For example an Oysterflex Daytona retails at $29,000. You’re getting a watch that is half rubber and half gold. A full gold Daytona retails at $37,000 and has twice as much gold than than the OF piece. A true fair price for an Oysterflex PM in my estimation should be no more than 19k retail. You’re basically paying an extra 10k for the rubber strap. Just my .02.

Or, if you look at it another way, the Daytona references on OF are 11k (cad) cheaper than the ones with the full PM bracelet.

so if you look at the retail cost of the OF (cad) they are about $300 a side. that leaves 10.4k (cad) on the table for a PM bracelet.

Instead of using those aftermarket rubber straps you have an OEM watch as it was intended and you get into the PM market for a saving of 10.4k (cad) seems almost like a bargain at that point.

Needs a pic.

[Etschell]

Originally Posted by HONDABBQ

Or, if you look at it another way, the Daytona references on OF are 11k (cad) cheaper than the ones with the full PM bracelet.
so if you look at the retail cost of the OF (cad) they are about $300 a side. that leaves 10.4k (cad) on the table for a PM bracelet.
Instead of using those aftermarket rubber straps you have an OEM watch as it was intended and you get into the PM market for a saving of 10.4k (cad) seems almost like a bargain at that point.

really? in what context?

here is a full pm daytona cheaper than a OF model https://www.rolexforums.com/showthread.php?t=656827

i mean i dont get your point unless you mean new, at full msrp. but if you are buying new at full msrp you dont give a hoot about 11k savings.

btw, nice watch.

[HONDABBQ]

Originally Posted by Etschell

really? in what context?

here is a full pm daytona cheaper than a OF model https://www.rolexforums.com/showthread.php?t=656827

i mean i dont get your point unless you mean new, at full msrp. but if you are buying new at full msrp you dont give a hoot about 11k savings.

btw, nice watch.

Im assuming that the OP was referring to new from an AD, which is where I drew my opinions.

Thank you I love it.

[1William]

I like the look of the oyster flex strap and it would be nice if the worked on all models. I would like to see them as a second strap in the box for all Professional Models and PM watches. Rolex could do it and it would be fun for the owners but that would require a commitment to giving a little something back and I don't think Rolex has it in them. I would never buy a watch on the Oyster Flex as I do not see the value.

[VicLeChic]

The Oysterflex is a sheet of metal wrapped in rubber. Still, way overpriced for what it is, agreed.

At least the clasp is also WG and comes with GlideLock, huhu!!!

https://www.youtube.com/watch?v=ooNHYYYGEQo&t=5s

[WatchLurv]

I feel mugged off. I paid 80K for a Patek. It just stops working when I don't wear it for a week.

[watchwatcher]

Overpriced...that's a good one when you're talking about paying thousands of dollars for a watch. I love it when you guys draw your imaginary lines in the sand.

Overvalued. Really. Tell me more about that.

Thanks for sharing.

[mml4]

Originally Posted by 42itus

If you try to rationalize the purchase of luxury goods you won’t ever appreciate it. Are Birkins worth it?

Depends who is wearing it!

[tyler1980]

Originally Posted by watchwatcher

Overpriced...that's a good one when you're talking about paying thousands of dollars for a watch. I love it when you guys draw your imaginary lines in the sand.

Overvalued. Really. Tell me more about that.

Thanks for sharing.

the forum has a sports watch bias but i am calling another one... bracelet bias


Strap watches make perfect sense in context to the rest of the collection and the rest of the other metal prices

SS daytona, TT daytona, OF Daytona, PM daytona

People are overvaluing a bracelet if anything if you are suggesting an OF daytona should cost at retail almost the same price as a TT daytona.....on a bracelet

[FirstF80InSpace]

Ohhhhhhhh noooooooooossss!!!! I have been ripped off by Rolex!!!

[77T]

The new YM on OF is overpriced from my perspective of appeal, function and future demand.

But only time will tell.

One thing is certain, it raises the YM price bar just as Rolex releases it.


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[tyler1980]

Originally Posted by 77T

The new YM on OF is overpriced from my perspective of appeal, function and future demand.

But only time will tell.

One thing is certain, it raises the YM price bar just as Rolex releases it.


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that same watch as a WG sub on OF would costs the same though. Its just a fancy sub for all practical purposes.

I dont see what the product line (YM or Sub) has to do with the retail pricing

[The_Canad]

Originally Posted by aleeboy

Any "innovation" Rolex makes, no matter how minor LOL, will command a huge premium. Why? Because people still buy from a company that has failed to innovate in a very long time.

Sort of like Harley Davidson?

[Dsmith1974]

Originally Posted by aleeboy

Any "innovation" Rolex makes, no matter how minor LOL, will command a huge premium. Why? Because people still buy from a company that has failed to innovate in a very long time.

Rolex don’t need to innovate. If you’ll excuse a little car analogy a Rolex movement is like a Chevy v8. Does the job, reliable, predictable, can be serviced in any town, will last forever.

No one yet is regulating that watchmakers must use less moving parts or restrict the amount of energy it takes to make a watch - so why innovate? It’s already accurate enough, plenty reliable and trusted.

I sold my co-axial Omegas because the amplitude couldn’t be checked on a regular Timegrapher and discovered the movement was prone to stopping.

Tried and trusted is best. Innovation for innovations sake is all risk and no reward.

[77T]

Originally Posted by tyler1980

that same watch as a WG sub on OF would costs the same though. Its just a fancy sub for all practical purposes.

I dont see what the product line (YM or Sub) has to do with the retail pricing

Ummm...where do I find a WG Sub on OF?




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[RTG]

Originally Posted by Frank McKay

For example an Oysterflex Daytona retails at $29,000. You’re getting a watch that is half rubber and half gold. A full gold Daytona retails at $37,000 and has twice as much gold than than the OF piece. A true fair price for an Oysterflex PM in my estimation should be no more than 19k retail. You’re basically paying an extra 10k for the rubber strap. Just my .02.

These are not things that can be justified with math or logic. Logically speaking every Rolex is overpriced. Every luxury good is over priced. Worthless piece of polished rolex steel for $10,000? Worthless chunk of prada leather for $2,000?

It is pointless to argue over which piece of worthless material is more worthless than the other. All that matters is you spend your hard earned money on what you want.

[RTG]

Originally Posted by 77T

The new YM on OF is overpriced from my perspective of appeal, function and future demand.

But only time will tell.

One thing is certain, it raises the YM price bar just as Rolex releases it.

Keep in mind that unlike SS buyers most still get a good discount on gold.

The Yacht-Master 116655, 40mm Rose Gold on Oysterflex has been a successful watch for Rolex and its retail is $26,200. Bump it to 42mm and it's $27,800. Still priced comparably. Rolex is going to sell a lot of these, just like they have the 116655.

[defyz]

Tell that to Richard Mille!

[tyler1980]

Originally Posted by 77T

Ummm...where do I find a WG Sub on OF?




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"would" probably cost the same.

so you would have a 27k WG OF sub or a 37K Full bracelet WG sub.

[schoolboy]

Originally Posted by Maverick_1908

And it’s not even accurate!!!!

[singe89]

the new 42mm yachtmaster is a steal at $29k. The patek 5168g is basically the same 42mm, white gold, 3 hand watch on rubber strap but goes for almost twice as much.

[TreiseKL]

the new 42mm yachtmaster looks like last year's Omega Seamaster.

Cannot unsee...

[ppalasthira]

Originally Posted by Danny83

Tell that to Patek lol

That is funny.

What about the Aquanaut?

[woof]

yeah... it doesn't have GPS and heart rate monitor!!!! overprice!!!
IT JUST TELL TIME...boohoo. trash..

[R!$]

Originally Posted by Frank McKay

Lol I hear you. Believe me I have plenty of friends who could careless about watches tell me, all the time what a fool I am to spend nearly 10k on a stainless steel watch. He thinks it doesn’t cost Rolex more than $1500 to make a steel Sub.

He doesnt know the cost to run such an immaculate facility, employees, R&D, and all the Swiss regulations.

These are status values. If you want value then go buy a citizen.

[tyler1980]

Originally Posted by singe89

the new 42mm yachtmaster is a steal at $29k. The patek 5168g is basically the same 42mm, white gold, 3 hand watch on rubber strap but goes for almost twice as much.

plus people already pay more for a sub to a sea dweller to a deep sea in SS. Why?

No one needs any of that stuff and the complications are the same

That is crazier than buying a gold watch on OF

[dtwer]

Originally Posted by WWC

Couldn’t agree more. It sure seems like Rolex has failed to innovate for a very long time now. No new lines and also this Baselworld 2019 was very disappointing.

That depends on what you mean by innovations. The new Pepsi, for example, has 10 patents on top of the new 3235 movement; these are innovations. The innovations are there whether you can visually detect them or not.

[42itus]

Originally Posted by THC

Oh damn, I thought you said bikinis... I was going to scream YES they are worth it

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[42itus]

Originally Posted by mml4

Depends who is wearing it!

Fair enough!


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[VicLeChic]

Originally Posted by TreiseYustiel

the new 42mm yachtmaster looks like last year's Omega Seamaster.

Cannot unsee...

That much of a resemblance?