The games played with my AD - Crazytimes

[brandon13]

Won’t mention which AD this is for obvious reasons, but for the past year or so I’ve been paying a fun “game” with them. I will say that this is a VERY reputable dealer.

With zero past purchase history, In the past 10 months I’ve gotten a DD40, Hulk, Batgirl, and just last week the new Ceramic Kermit. (BLRO and Daytona promised within the next few months...Let’s see)

After being tired of getting on the “waiting list” with my other usual AD...A few months ago I walked into this other AD and had a nice and long chat with a young sales rep. Nothing special, just general watch talk. I guess the guy trust me and said: look, let’s plan how we can get your full collection complete within the next year. I said sure!

So here’s the master plan offered by him...in essence: buy a crappy slow moving piece (read lady watches) and I’ll get you a solid find right after. Then rinse and repeat.

My first “try and see” was getting a decent looking piece for my wife...but nothing I would ever really buy otherwise. A week later he had my DD40 YG ready. I wasn’t really surprised because DD40s are not technically disappeared but still...I had been looking.

Then I bought a Cellini (which I sold locally at a loss of $3000 right after) but that got me the Hulk a month later.

So on and so forth...a couple more of slow moving butt ugly two tone lady pieces later I can honestly believe that they are coming through as Batgirl and Cermit are on my hands.

I have sold all but one of the garbage pieces I had to buy at average losses of $2k each....but upside on the other finds I have gotten has made it good business...not that I plant to sell any of the ones from my collection...but you get the idea.

I’ll see where this takes me...I would have never thought I’d be stupid enough to buy a Rolex just for the chance at getting another Rolex. My common sense tells me I’m idiot...but it’s been kinda fun though.

[TheVTCGuy]

Interesting. One question I would have is the money you lost on selling the “garbage” pieces, ones you had to buy to get the actual one you wanted, was that really a better financial route then buying from a Gray? The one I want right now is about $3K more from a gray then MSRP. Assuming I would lost about that much reselling a Rolex I had to buy from the AD it seems (at least in this case) then it would just be simpler to buy straight from the Gray. I am not arguing your tactics, I would really like to know the answer, if it is a viable strategy I’m all for it.

[brandon13]

Originally Posted by TheVTCGuy

Interesting. One question I would have is the money you lost on selling the “garbage” pieces, ones you had to buy to get the actual one you wanted, was that really a better financial route then buying from a Gray? The one I want right now is about $3K more from a gray then MSRP. Assuming I would lost about that much reselling a Rolex I had to buy from the AD it seems (at least in this case) then it would just be simpler to buy straight from the Gray. I am not arguing your tactics, I would really like to know the answer, if it is a viable strategy I’m all for it.

As mentioned I am really buying to keep...but if were to be buying for business it would have for sure been good business...at least so far. I lost around a little under $10k total...but looking at going grey rates....I am +$7k on the Hulk, +5k on the bargirl and +$9k at least on the Cermit...so, a plus of around $11k.

Again, didn’t do it for the money...

Regarding your idea of going in and offering this crazy game for the one watch you want I don’t think it may work. They asked for a list of 7 of the ones I want and had me sort in order of most to least desirable...just so you know my two top were Daytona white face ceramic and BLRO Pepsi...and those haven’t landed yet...so I do suspect they are stringing me along. The ball is on their side now...told them I’d buy the next garbage when I get another good call.

[Henrimontgomery]

Originally Posted by TheVTCGuy

Interesting. One question I would have is the money you lost on selling the “garbage” pieces, ones you had to buy to get the actual one you wanted, was that really a better financial route then buying from a Gray? The one I want right now is about $3K more from a gray then MSRP. Assuming I would lost about that much reselling a Rolex I had to buy from the AD it seems (at least in this case) then it would just be simpler to buy straight from the Gray. I am not arguing your tactics, I would really like to know the answer, if it is a viable strategy I’m all for it.

It’s always a better route because the money is spent on your name under your account, not used to grow the one of a grey.

[Greglaw]

I was stupid enough to click on this so who knows

[fskywalker]

Originally Posted by Greglaw

I was stupid enough to click on this so who knows

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[Aplover5]

Originally Posted by Greglaw

I was stupid enough to click on this so who knows

Lololol. Ditto.

[Jim P]

Originally Posted by Greglaw

I was stupid enough to click on this so who knows

[bwdellorf76]

Interesting strategy. Maybe you will end up liking one of the less desirable pieces!

[brandon13]

Originally Posted by TheVTCGuy

Interesting. One question I would have is the money you lost on selling the “garbage” pieces, ones you had to buy to get the actual one you wanted, was that really a better financial route then buying from a Gray? The one I want right now is about $3K more from a gray then MSRP. Assuming I would lost about that much reselling a Rolex I had to buy from the AD it seems (at least in this case) then it would just be simpler to buy straight from the Gray. I am not arguing your tactics, I would really like to know the answer, if it is a viable strategy I’m all for it.

Originally Posted by bwdellorf76

Interesting strategy. Maybe you will end up liking one of the less desirable pieces!

I doubt it brother....it’s all mostly garbage two tone and lady small pieces. They literally show me a couple...I google and see which I’ll lose less money on and that’s the one I buy.

[ChipotleBanana]

Originally Posted by brandon13

I doubt it brother....it’s all mostly garbage two tone and lady small pieces. They literally show me a couple...I google and see which I’ll lose less money on and that’s the one I buy.

You sound like an awful person lol. Stop being a clown and just buy what you want instead of playing god with an AD.

[dmash]

Originally Posted by ChipotleBanana

You sound like an awful person lol. Stop being a clown and just buy what you want instead of playing god with an AD.

Really?

[kaiserphoenix]

Originally Posted by ChipotleBanana

You sound like an awful person lol. Stop being a clown and just buy what you want instead of playing god with an AD.

Well if all the ADs would just stock the watxhes and just sell us the ones we wanted no one has to play these stupid games.

[ChipotleBanana]

Originally Posted by kaiserphoenix

Well if all the ADs would just stock the watxhes and just sell us the ones we wanted no one has to play these stupid games.

You act is if they are able to just request these things from Rolex. Demand for the entire brand is 100% real and IT IS DIFFICULT for AD's to keep everything in stock. My AD always tells me, "If we had 10,000 Daytonas, we would sell them before days end". I do not doubt him at all. There is way more demand than supply and asking them to "just stock them" is like asking Porsche to create another 500 911R's for the world.

[Phoneix8]

Originally Posted by ChipotleBanana

You sound like an awful person lol. Stop being a clown and just buy what you want instead of playing god with an AD.

How is he being a clown? ADs play games all the time so why shouldn't he? Not to mention he's helping take the undesired pieces off the AD's hands. I think he's done an amazing job and if he really wanted to offset any losses he could just unload the Kermit and he would have gotten every other watch at MSRP.

[joli160]

Originally Posted by brandon13

it’s all mostly garbage two tone

That’s a nice way of describing Rolex watches.

You made up a nice story

[CastorKrieg]

Originally Posted by bwdellorf76

Interesting strategy. Maybe you will end up liking one of the less desirable pieces!

How is the is a new strategy? His AD is doing exactly the same thing as every other AD - essentially telling him to buy crap so he can get a desired piece. Works for him, but then again I wouldn’t say a gain of 11k$, especially since he plans to keep the pieces is something to write home about. A gain on paper is not worth much, you gain when you sell, everything before are just meaningless numbers.

OP - I'm super happy for you, profit while you can because that SA is getting fired sooner or later. Hot pieces are a means to reward loyal customers who KEEP their watches. You are flipping, just not hot pieces but everything else, and immediately. That Cellini you flipped is one Cellini less that an AD can sell to a new customer. Since you are selling almost immediately one of these watches will quickly surface in the AD network, and they will look at the SAs sales record. Again, profit while you can but that 'strategy' works only because the SA is doing a bad job (maybe without even realizing).

[Shadow Puppets]

Originally Posted by CastorKrieg

How is the is a new strategy? His AD is doing exactly the same thing as every other AD - essentially telling him to buy crap so he can get a desired piece. Works for him, but then again I wouldn’t say a gain of 11k$, especially since he plans to keep the pieces is something to write home about. A gain on paper is not worth much, you gain when you sell, everything before are just meaningless numbers.

OP - I'm super happy for you, profit while you can because that SA is getting fired sooner or later. Hot pieces are a means to reward loyal customers who KEEP their watches. You are flipping, just not hot pieces but everything else, and immediately. That Cellini you flipped is one Cellini less that an AD can sell to a new customer. Since you are selling almost immediately one of these watches will quickly surface in the AD network, and they will look at the SAs sales record. Again, profit while you can but that 'strategy' works only because the SA is doing a bad job (maybe without even realizing).

Buy crap?

I have bought all of my watches from my AD in the last 4 years... BLNR, BLRO, Cermit, Black no date sub, SeaDweller... the only watch that I bought in addition to those that could be classed as less desirable is the YM42 (but I happen to love it).

Buying watches you don't like/want just to get something that is hyped is a strange game. Fair play if you really really want the sports pieces and have the disposable income to do that, but it feels to me like anyone "playing the game" to this extent is part of the problem.

[cvo]

The procurement process was shorten with the purchases of the less popular models. Seems like a fair proposal.

[CastorKrieg]

Originally Posted by Shadow Puppets

Buy crap?

I have bought all of my watches from my AD in the last 4 years... BLNR, BLRO, Cermit, Black no date sub, SeaDweller... the only watch that I bought in addition to those that could be classed as less desirable is the YM42 (but I happen to love it).

Buying watches you don't like/want just to get something that is hyped is a strange game. Fair play if you really really want the sports pieces and have the disposable income to do that, but it feels to me like anyone "playing the game" to this extent is part of the problem.

By "crap" I meant less desirable pieces both from the perspective of an AD - which is exactly what is happening here - and the buyer - which is also exactly what is happening here. Also all the watches you posted (maybe with an exception of Sea Dweller, but who knows in this climate) are extremely desirable.

[Shadow Puppets]

Originally Posted by CastorKrieg

By "crap" I meant less desirable pieces both from the perspective of an AD - which is exactly what is happening here - and the buyer - which is also exactly what is happening here. Also all the watches you posted (maybe with an exception of Sea Dweller, but who knows in this climate) are extremely desirable.

I know they’re desirable, but they’re also watches that I had been eyeing up for several years. I want watches because I like them. I wear them. I plan on keeping them all and eventually leaving my kids something special.

The whole buying/selling/trading profit/loss thing just doesn’t sit well with me, especially when these watches could go to someone who truly appreciated them and didn’t just come across as someone desperate to acquire things that others can’t get.

[Pinchy]

Originally Posted by CastorKrieg

How is the is a new strategy? His AD is doing exactly the same thing as every other AD - essentially telling him to buy crap so he can get a desired piece. Works for him, but then again I wouldn’t say a gain of 11k$, especially since he plans to keep the pieces is something to write home about. A gain on paper is not worth much, you gain when you sell, everything before are just meaningless numbers.

OP - I'm super happy for you, profit while you can because that SA is getting fired sooner or later. Hot pieces are a means to reward loyal customers who KEEP their watches. You are flipping, just not hot pieces but everything else, and immediately. That Cellini you flipped is one Cellini less that an AD can sell to a new customer. Since you are selling almost immediately one of these watches will quickly surface in the AD network, and they will look at the SAs sales record. Again, profit while you can but that 'strategy' works only because the SA is doing a bad job (maybe without even realizing).

Interesting perspective!

[dannyp]

I think it's worth breaking down what's really going on (to better evaluate), and see that there are many nuances to it:

1. OP's "loss" on each flipped piece wasn't really a "loss" on the piece, per se: It's the premium he was willing to pay over MSRP for the piece he really wanted. By that logic, he seems to be doing better than he would buying those stainless pieces on the grey market (which, BNIB, go for more than $3-4k over MSRP).

2. Most likely, the rep would love to sell those undesirable pieces to a grey dealer at a large discount but for some reason cannot (store policy, concern over Rolex reaction, etc.). He's essentially found a "mule" in the OP, willing to be the go-between.

3. Whether or not this is a good strategy depends entirely on two things: Willingness to pay a premium over MSRP and risk tolerance. If both are high, then it's a great idea. If both are low, then it's a poor choice. The most important thing, though, is to fully understand what you're doing here and decide it's the right approach.

[Rick Deckard]

Originally Posted by dannyp

I think it's worth breaking down what's really going on (to better evaluate), and see that there are many nuances to it:

1. OP's "loss" on each flipped piece wasn't really a "loss" on the piece, per se: It's the premium he was willing to pay over MSRP for the piece he really wanted. By that logic, he seems to be doing better than he would buying those stainless pieces on the grey market (which, BNIB, go for more than $3-4k over MSRP).

2. Most likely, the rep would love to sell those undesirable pieces to a grey dealer at a large discount but for some reason cannot (store policy, concern over Rolex reaction, etc.). He's essentially found a "mule" in the OP, willing to be the go-between.

3. Whether or not this is a good strategy depends entirely on two things: Willingness to pay a premium over MSRP and risk tolerance. If both are high, then it's a great idea. If both are low, then it's a poor choice. The most important thing, though, is to fully understand what you're doing here and decide it's the right approach.

Nailed it!

[Milibrk@]

I rather play the AD game and bundling than go grey for 1 reason and that is my pieces will be brand new with my name on the card.

[Youngskydweller]

Originally Posted by Milibrk@

I rather play the AD game and bundling than go grey for 1 reason and that is my pieces will be brand new with my name on the card.

What card ?

The new Cards have No name on them

[drfrankenstein]

Originally Posted by CastorKrieg

How is the is a new strategy? His AD is doing exactly the same thing as every other AD - essentially telling him to buy crap so he can get a desired piece. Works for him, but then again I wouldn’t say a gain of 11k$, especially since he plans to keep the pieces is something to write home about. A gain on paper is not worth much, you gain when you sell, everything before are just meaningless numbers.

OP - I'm super happy for you, profit while you can because that SA is getting fired sooner or later. Hot pieces are a means to reward loyal customers who KEEP their watches. You are flipping, just not hot pieces but everything else, and immediately. That Cellini you flipped is one Cellini less that an AD can sell to a new customer. Since you are selling almost immediately one of these watches will quickly surface in the AD network, and they will look at the SAs sales record. Again, profit while you can but that 'strategy' works only because the SA is doing a bad job (maybe without even realizing).

Why is the SA doing a bad job? SA is selling and OP is buying. Both are getting what they want.

[huncho]

these games only make sense to me if you're buying something you would buy anyway, like the dd40. i'd never buy a cellini just to resell it and take a 3k loss instantly

[Polarexplorerii]

Originally Posted by huncho

these games only make sense to me if you're buying something you would buy anyway, like the dd40. i'd never buy a cellini just to resell it and take a 3k loss instantly

I agree

[Jayogolmic]

Originally Posted by huncho

these games only make sense to me if you're buying something you would buy anyway, like the dd40. i'd never buy a cellini just to resell it and take a 3k loss instantly

Couldn’t agree with you more. Get something for your mother/wife/girl, sure. Get a DJ or something dressy that you can wear to the office, ok. But buying pieces that I literally have no desire in only to lose money on the back, I just don’t get it. But more power to the OP for having the money to burn. Congrats on getting close to your collection.


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