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Old 6 September 2008, 12:52 PM   #1
clbcpa
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Is it luck or something else

Ok. I have done my share of waiting on lists for various watches in the past but the last month has been very bountiful. In less than the last 60 days i have received the call and purchased:

black face stainless daytona
white face stainless daytona
Milgauss GV
DeepSea.

All of these at MSRP from the same AD (not a large chain). My question.. Is this just luck or have supply lines drastically changed since the price increases. Anybody else have similar experience?
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Old 6 September 2008, 01:01 PM   #2
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I'd say a bit of luck has to play into that impressive list. Either supply has gone up or demand has gone down on the general market...can't really figure out which one.
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Old 6 September 2008, 01:04 PM   #3
clbcpa
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I'd say a bit of luck has to play into that impressive list. Either supply has gone up or demand has gone down on the general market...can't really figure out which one.
I definitely agree. The AD is a good chain but not a big player. We are in a small market area and I am certainly nothing special. Perhaps some of all three?
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Old 6 September 2008, 01:12 PM   #4
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I think it more of you are a good customer to the AD and they are taking care of you.
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Old 6 September 2008, 01:46 PM   #5
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I think it more of you are a good customer to the AD and they are taking care of you.
Well yes, and trying to "milk you dry"
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Old 6 September 2008, 01:51 PM   #6
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Did you look for the "666" mark on the back of your AD's head?
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Old 6 September 2008, 01:54 PM   #7
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I think it more of you are a good customer to the AD and they are taking care of you.
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Well yes, and trying to "milk you dry"
Yes and Yes.
My take is the demand is slower and that's what my AD had mentioned about the slower sales these days.
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Old 6 September 2008, 02:00 PM   #8
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It is the slower sales. People are more reluctant to buy luxury watches now, in view of the worsening economic situation.
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Old 6 September 2008, 02:06 PM   #9
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Demand is way down.
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Old 6 September 2008, 02:12 PM   #10
clbcpa
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Demand is way down.
I tend to agree with this most as my AD is small in a small market and these are all characterized as "high demand" watches. Therefore, the only way to have so many in a short time would be if demand worldwide was down
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Old 6 September 2008, 02:20 PM   #11
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I was at my AD today, I have never seen such a selection of (usually hard to find) models. They weren't as desperate as having SS Daytonas in the display case, but I DID see a YM II, a SS sub, and quite a few others I don't think I had EVER seen in the case. I'm convinced with the economy the way it is, Rolex sales must be down.
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Old 6 September 2008, 02:32 PM   #12
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I was at my AD today, I have never seen such a selection of (usually hard to find) models. They weren't as desperate as having SS Daytonas in the display case, but I DID see a YM II, a SS sub, and quite a few others I don't think I had EVER seen in the case. I'm convinced with the economy the way it is, Rolex sales must be down.
SS Subs are normally not in the case?

Here in northern CA I don't see many AD's complaining about lack of sales these days. Last one I talked to said sales were still high as ever.
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Old 6 September 2008, 02:36 PM   #13
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Dinner on them

With that haul I think your AD owes you dinner! Every night for a week at least....
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Old 6 September 2008, 03:00 PM   #14
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SS Subs are normally not in the case?

Here in northern CA I don't see many AD's complaining about lack of sales these days. Last one I talked to said sales were still high as ever.
Nor Cal, just like its real estate market has not been hit as hard as So Cal or the rest of the country. I'm not surprised the sale at Nor Cal is still good.
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Old 6 September 2008, 03:06 PM   #15
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It is the slower sales. People are more reluctant to buy luxury watches now, in view of the worsening economic situation.
Quote:
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I was at my AD today, I have never seen such a selection of (usually hard to find) models. They weren't as desperate as having SS Daytonas in the display case, but I DID see a YM II, a SS sub, and quite a few others I don't think I had EVER seen in the case. I'm convinced with the economy the way it is, Rolex sales must be down.
Agree Demand is way down across the board on all goods, but especially luxury goods. Give it time and there will be lots of good deals to come, but you've better have the cash to buy it as credit is drying up as I type this.
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Old 6 September 2008, 03:48 PM   #16
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It is really a good luck!!!!!!And also the demand is low for luxury goods which would be the case for next 3-4 months!!! Everybody is counting on the next quarter, so lets see where the demand goes then!!!!!!!
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Old 6 September 2008, 03:17 PM   #17
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Nor Cal, just like its real estate market has not been hit as hard as So Cal or the rest of the country. I'm not surprised the sale at Nor Cal is still good.
I don't think so...

From the California Association of Realtors just last week:
The median price dropped 40.3 percent to $350,760, the biggest decline since the Realtors began tracking the market. In the Bay Area, the median sank 21.2 percent.

Watch sales in the Central Valley are terrible right now.
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Old 6 September 2008, 04:41 PM   #18
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I don't think so...

From the California Association of Realtors just last week:
The median price dropped 40.3 percent to $350,760, the biggest decline since the Realtors began tracking the market. In the Bay Area, the median sank 21.2 percent.

Watch sales in the Central Valley are terrible right now.
Sort of depends on the area of NorCal. Last time I checked, home sale prices in my area were still going up steadily. I def. believe the Central Valley comment, however.
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Old 7 September 2008, 04:11 PM   #19
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I don't think so...

From the California Association of Realtors just last week:
The median price dropped 40.3 percent to $350,760, the biggest decline since the Realtors began tracking the market. In the Bay Area, the median sank 21.2 percent.

Watch sales in the Central Valley are terrible right now.

You're right about Sacramento since my buddy is an oral surgeon in Sacramento.
I should have made it clearer that I meant Bay Area (SF/Palo Alto/Hillsboro...ect). Price are not done...
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Old 7 September 2008, 02:09 PM   #20
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Here in northern CA I don't see many AD's complaining about lack of sales these days. Last one I talked to said sales were still high as ever.
I'm not in the market for a Rolex at present, so I'm not following prices or availability. The last time I walked past the Shreve's in downtown SF, they had a large Omega sign in the window. That is where I am used to seeing a Rolex sign. Also, I was listening to the radio and apparently they are (or were) having a sale on high end watches.
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Old 6 September 2008, 02:30 PM   #21
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Good luck and plenty of $$$'s I think.
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Old 7 September 2008, 12:57 PM   #22
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Good luck and plenty of $$$'s I think.
Hell yeah If I had the cash to do it I would.

Now if anybody wants to lend me some cash
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Old 6 September 2008, 03:44 PM   #23
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Economic downturn, demand perhaps dropping globally??
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Old 6 September 2008, 03:49 PM   #24
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Its the economy.....pure and simple
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Old 6 September 2008, 07:37 PM   #25
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Agreed. And maybe throw in a little luck.

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Its the economy.....pure and simple
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Old 6 September 2008, 04:03 PM   #26
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Economy id down, you would =not think it in London as some AD' are still snotty. I am just hoarding cash so I can go in and snap up.
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Old 6 September 2008, 07:36 PM   #27
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Old 6 September 2008, 09:01 PM   #28
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Wow Carey, great scores. Who cares why, just enjoy your good luck.
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Old 6 September 2008, 11:33 PM   #29
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I think it has something to do with the mayan calanders' prediction of the eminent demise of humanity next year.either that or you just got lucky..
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Old 7 September 2008, 01:54 PM   #30
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I think it has something to do with the mayan calanders' prediction of the eminent demise of humanity next year.either that or you just got lucky..

Is that next year already? Hmmmm... I'll have to mark it on my calendar.
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