No wonder why we have to wait for Daytona C

[testrak]

I saw 3 white and 3 black dials in one watch store in Japan. Another 2 white in 2 separate stores.

[G'ed]

Let me guess, 16 green a pop?

[sensui]

Originally Posted by G'ed

Let me guess, 16 green a pop?

In Japan, be closer to 20.

[LostinNihon]

White dial about $18g and black dial @ &17.5g ish


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[dogpawss]

Originally Posted by LostinNihon

White dial about $18g and black dial @ &17.5g ish


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Those price tags with blue stickers mean used so these were brought in as used, not BNIB. The new ones priced a bit more.

[meganfox17]

Originally Posted by dogpawss

Those price tags with blue stickers mean used so these were brought in as used, not BNIB. The new ones priced a bit more.

●Did you know that the The Land of the Rising Sun has the second largest market for pre owned luxury watches on earth?
●Would you believe me if I told you that Japanese buyers constitute about 35% of online sales for luxury watches on ebay ? ●Surely you must know that Japanese based sellers (34%) is ahead of UK (11%) and behind the USA (41%) in terms of the total number of used luxury watches sold on earth

I'm not sure about Rolex market sales statistics but Japan is the Omega brand's second biggest market.Even when searching for a LE or vintage Speedmasters may prove a difficult task elsewhere on earth, the Speedy Racing 3570.40 or Mitsukoshi dials for example are a dime a dozen in Tokyo ! So I'm not really surprise to hear stories of stunned buyers finding lots of pre owned or even new Rolex Daytonas on many of the bricks and mortar second hand stores in Tokyo.I was even told 0ne of the reasons why pre owned Rolex Daytonas or rare Speedies are easily available in Tokyo was because many of those Swiss luxury watches were originally, in essence presented as gifts to corporate figures, local businessmen, workers at top Japanese companies and gang members the organized crime syndicate ,The Yakuza !


It's really fascinating to realize that the Japanese consumers take very good care of their Rolex,Omega and other Swiss Watchmaker brand luxury timepieces so much so that any pre owned luxury watch is really worth buying.

Sure, there will always be bargain hunters but ask any Japanese and they will tell you how they are willing to pay top dollar for any prized luxury watch with status symbol or longevity

[DLRIDES]

Rolex could manufacture just as many Daytonas as Datejusts if they wanted.

Supply .......................... demand .............................. FAD ..................... marketing .................................. $$$$$$$$ ........................ TREND ...........................

Choose any two of the above.

[BillA]

Originally Posted by meganfox17

●Did you know that the The Land of the Rising Sun has the second largest market for pre owned luxury watches on earth?
●Would you believe me if I told you that Japanese buyers constitute about 35% of online sales for luxury watches on ebay ? ●Surely you must know that Japanese based sellers (34%) is ahead of UK (11%) and behind the USA (41%) in terms of the total number of used luxury watches sold on earth

I'm not sure about Rolex market sales statistics but Japan is the Omega brand's second biggest market.Even when searching for a LE or vintage Speedmasters may prove a difficult task elsewhere on earth, the Speedy Racing 3570.40 or Mitsukoshi dials for example are a dime a dozen in Tokyo ! So I'm not really surprise to hear stories of stunned buyers finding lots of pre owned or even new Rolex Daytonas on many of the bricks and mortar second hand stores in Tokyo.I was even told 0ne of the reasons why pre owned Rolex Daytonas or rare Speedies are easily available in Tokyo was because many of those Swiss luxury watches were originally, in essence presented as gifts to corporate figures, local businessmen, workers at top Japanese companies and gang members the organized crime syndicate, The Yakuza !


It's really fascinating to realize that the Japanese consumers take very good care of their Rolex,Omega and other Swiss Watchmaker brand luxury timepieces so much so that any pre owned luxury watch is really worth buying.

Sure, there will always be bargain hunters but ask any Japanese and they will tell you how they are willing to pay top dollar for any prized luxury watch with status symbol or longevity

Thanks for the update on Japanese watch buying. I think people in the US are not aware of your info.

[dogpawss]

error

[dogpawss]

Originally Posted by meganfox17

●Did you know that the The Land of the Rising Sun has the second largest market for pre owned luxury watches on earth?
●Would you believe me if I told you that Japanese buyers constitute about 35% of online sales for luxury watches on ebay ? ●Surely you must know that Japanese based sellers (34%) is ahead of UK (11%) and behind the USA (41%) in terms of the total number of used luxury watches sold on earth

I'm not sure about Rolex market sales statistics but Japan is the Omega brand's second biggest market.Even when searching for a LE or vintage Speedmasters may prove a difficult task elsewhere on earth, the Speedy Racing 3570.40 or Mitsukoshi dials for example are a dime a dozen in Tokyo ! So I'm not really surprise to hear stories of stunned buyers finding lots of pre owned or even new Rolex Daytonas on many of the bricks and mortar second hand stores in Tokyo.I was even told 0ne of the reasons why pre owned Rolex Daytonas or rare Speedies are easily available in Tokyo was because many of those Swiss luxury watches were originally, in essence presented as gifts to corporate figures, local businessmen, workers at top Japanese companies and gang members the organized crime syndicate ,The Yakuza !


It's really fascinating to realize that the Japanese consumers take very good care of their Rolex,Omega and other Swiss Watchmaker brand luxury timepieces so much so that any pre owned luxury watch is really worth buying.

Sure, there will always be bargain hunters but ask any Japanese and they will tell you how they are willing to pay top dollar for any prized luxury watch with status symbol or longevity

I have lived in Tokyo for more than 10 years now and I can tell you that your statement about Rolexes presented as gifts is probably misinformed and most likely confused with Chinese which I heard many rumors.

FYI, most of the popular Rolex models (BNIB or pre owned) we find at grey dealers have Rolex warranty cards issued in Europe or other part of Asia.

[Porsche]

Originally Posted by LostinNihon

White dial about $18g and black dial @ &17.5g ish

Thanks for the pics John...

Is there a premium for white dial in Japan, or were there other factors (eg. condition) that explains the difference?

[ejvette]

Originally Posted by Porsche

Thanks for the pics John...

Is there a premium for white dial in Japan, or were there other factors (eg. condition) that explains the difference?

White is in the highest demand hence the premium.

[G'ed]

when SS cost nearly 50% more than TT...

[Devlred]

No wonder ADs stating that they dont receive enough Daytonas from Rolex. What is going on is that once they receive them they have ready grey dealers to buy for premium price and Tax free who then can flip them on markets that can also make a huge profit.

What is dissapointing is that Rolex is doing nothing and this thing just keep going on.

[Mick P]

Originally Posted by Devlred

No wonder ADs stating that they dont receive enough Daytonas from Rolex. What is going on is that once they receive them they have ready grey dealers to buy for premium price and Tax free who then can flip them on markets that can also make a huge profit.

What is dissapointing is that Rolex is doing nothing and this thing just keep going on.

This only goes on because we, the watch buying public, use Grey Dealers.

If we stopped using Grey Dealers, they would dry up overnight.

Grey Dealers often sell models below the RRP and sometimes a rare model goes for a premium price. We cannot have it both ways.

You could argue that a RRP is a falsehood and the market alone should dictate the price of a new Rolex. If the price was allowed to "float" according to demand, we would buy everything from the ADs as we would not need the Grey Dealers.

Regards

Mick

[Devlred]

Originally Posted by Mick P

This only goes on because we, the watch buying public, use Grey Dealers.

If we stopped using Grey Dealers, they would dry up overnight.

Grey Dealers often sell models below the RRP and sometimes a rare model goes for a premium price. We cannot have it both ways.

You could argue that a RRP is a falsehood and the market alone should dictate the price of a new Rolex. If the price was allowed to "float" according to demand, we would buy everything from the ADs as we would not need the Grey Dealers.

Regards

Mick

I have no problem with grey dealers, they have to make money, my problem has to do with Rolex and not finding a way around this and let me explain why. In my Country, which is in EU, theres only 1 Authorised Dealer, only 1 and which means its a monopoly.

If you go and ask to buy a SS C Daytona they will first tell you that is out of stock etc the usual excuse, if you insist however they will ask you whether you are willing to pay 15k$ tax free (with tax thats something close to 18k$), If not then they become rude, saying the price is not negotiable, we cant make better price and please dont waste our time, simple as that.

And if you wonder in case you ask them to put you on a waiting list, like i did 1 year ago when the watch was lunched, they laugh at you and they say that they dont keep waiting lists..

This attitute was created because Rolex keeps them on the loose, and Ads like these i am afraid there many in other Countries as well.

I never had such a bad experience from a any dealer selling luxury good, ever, like the experience i had with trying to buy a Rolex Daytona. Where is the respect that a Company such as Rolex has to treat its potential customers who are ready paying 12k$ on a SS watch?

What i hate however is that that ADs like these they dont need me, us, or any other Rolex potential consumers because they have their grey dealers ready buying from them at a less premium price and this is the reason they treat normal consumers like sh*t.

p.s. When i told my AD that i can strech my budget up to 15k$ budget, they immedietely brought me a white one from the back, have to mention that in the end i bought a Royal Oak 15400 blue.

[Mick P]

Originally Posted by Devlred

I have no problem with grey dealers, they have to make money, my problem has to do with Rolex and not finding a way around this and let me explain why. In my Country, which is in EU, theres only 1 Authorised Dealer, only 1 and which means its a monopoly.

If you go and ask to buy a SS C Daytona they will first tell you that is out of stock etc the usual excuse, if you insist however they will ask you whether you are willing to pay 15k$ tax free (with tax thats something close to 18k$), If not then they become rude, saying the price is not negotiable, we cant make better price and please dont waste our time, simple as that.

And if you wonder in case you ask them to put you on a waiting list, like i did 1 year ago when the watch was lunched, they laugh at you and they say that they dont keep waiting lists..

This attitute was created because Rolex keeps them on the loose, and Ads like these i am afraid there many in other Countries as well.

I never had such a bad experience from a any dealer selling luxury good, ever, like the experience i had with trying to buy a Rolex Daytona. Where is the respect that a Company such as Rolex has to treat its potential customers who are ready paying 12k$ on a SS watch?

What i hate however is that that ADs like these they dont need me, us, or any other Rolex potential consumers because they have their grey dealers ready buying from them at a less premium price and this is the reason they treat normal consumers like sh*t.

p.s. When i told my AD that i can strech my budget up to 15k$ budget, they immedietely brought me a white one from the back, have to mention that in the end i bought a Royal Oak 15400 blue.

Hi Alex

What you say does happen and it is damn annoying.

Unfortunately the reverse happens when an unpopular watch is sold at a discount to a Grey Dealer. Some people love Grey Dealers because they sell at a discount when the ADs are reluctant to do so.

If Rolex abolished the RRP and allowed the market to find its own level, everyone would be buying and selling on a level playing field.

Unfortunately Rolex are trying to protect their brand and they attract criticism for taking measures such as dating warranties when sold to Grey Dealers or removing stickers. This forum is full of people moaning about this.

The fault lies not with Rolex, it lies with us lot who cherry pick to buy from the cheapest source and yet moan when hard to get models end up at inflated prices in the windows of Grey Dealers. We cannot have our cake and eat it.

Regards

Mick

[tyler1980]

Originally Posted by Mick P

Hi Alex

What you say does happen and it is damn annoying.

Unfortunately the reverse happens when an unpopular watch is sold at a discount to a Grey Dealer. Some people love Grey Dealers because they sell at a discount when the ADs are reluctant to do so.

If Rolex abolished the RRP and allowed the market to find its own level, everyone would be buying and selling on a level playing field.

Unfortunately Rolex are trying to protect their brand and they attract criticism for taking measures such as dating warranties when sold to Grey Dealers or removing stickers. This forum is full of people moaning about this.

The fault lies not with Rolex, it lies with us lot who cherry pick to buy from the cheapest source and yet moan when hard to get models end up at inflated prices in the windows of Grey Dealers. We cannot have our cake and eat it.

Regards

Mick

Spot on. Thats why i don't buy grey. Based solely on principle. In the long run it does not save you any money if you like a mix of unpopular and popular models. To each their own i guess

[beshannon]

Originally Posted by Devlred

What is dissapointing is that Rolex is doing nothing and this thing just keep going on.

Rolex is selling watches, not sure what you mean.

[Devlred]

Originally Posted by beshannon

Rolex is selling watches, not sure what you mean.

Well if your only concern is making profit and you dont care when your Authorised dealers become arrogant and treat customers like sh*t and ask for a $5000 tip to sell a product that uou told them that there is a MSRV then there is problem at all.

[AK797]

Originally Posted by Devlred

No wonder ADs stating that they dont receive enough Daytonas from Rolex. What is going on is that once they receive them they have ready grey dealers to buy for premium price and Tax free who then can flip them on markets that can also make a huge profit.

What is dissapointing is that Rolex is doing nothing and this thing just keep going on.

I was talking with one young sales person about how many of these sought after watches will end up with Watchfinder, the biggest used dealer, she didn't know much about the Rolexes she was selling or their refs and she was not allowed to show me the PM models on her own, but she did know Watchfinder.

[testrak]

19.5k a pop. 2 were "reserved".

[MonBK]

Originally Posted by testrak

I saw 3 white and 3 black dials in one watch store in Japan. Another 2 white in 2 separate stores.

So what are you waiting for?

[Gaijin]

2 white and 2 black at Quark the other day. A grey here.

Both pre-owned and new (which in this case basically means still sticker-ed.) Around 20 grand.

[IwateJapan]

Where is this? I'm in Tokyo now


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[dogpawss]

Originally Posted by IwateJapan

Where is this? I'm in Tokyo now


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If I am not mistaken this is Rasin in Ginza

[IwateJapan]

Never been. I frequent houseki hiroba


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[RHJ]

I find the politics of selling of Rolex excellent - their goal is not to sell the most possible in one year, but to create brand and quality value thought for decades!
This is why Omega fails to concur, too many models and editions for fast money...
There is no constitutional right for everyone to have a Daytona SS C...
No one plays this game better than Rolex and this is the first duty of the Hans-Wilsdorf-Foundation: to guarantee the existence of the company. I can only admire this strategy

[Moggo]

Originally Posted by RHJ

I find the politics of selling of Rolex excellent - their goal is not to sell the most possible in one year, but to create brand and quality value thought for decades!
This is why Omega fails to concur, too many models and editions for fast money...
There is no constitutional right for everyone to have a Daytona SS C...
No one plays this game better than Rolex and this is the first duty of the Hans-Wilsdorf-Foundation: to guarantee the existence of the company. I can only admire this strategy

I find politics repugnant in any form, it's a word used regularly to excuse immoral and unethical activity usually.


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[nektar]

Originally Posted by Moggo

I find politics repugnant in any form, it's a word used regularly to excuse immoral and unethical activity usually.


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I think that there are people that make more cash than they can handle, so Rolex takes care of them
Same thing happens with all luxury items.