Rolex production levels : Switzerland

[TswaneNguni]

Call for tighter measures in Switzerland after 55000 new cases the past month.
4271 new cases the past 24 hours.
The 2nd wave of infection has not been handled as well,as the first wave .

If we look at 2020 ,anyone have an idea how production was affected ? I was told by an AD that it was down by 30% earlier in the year .1st wave lock down .

With tighter measures in place ,I think Rolex scarcity levels at ADs,may sadly increase in 2021.

I dont see demand dwindling ,so getting a Rolex from an AD will be harder and secondary market pricing will remain extremely high .

[sgwatchguy]

Originally Posted by TswaneNguni

I dont see demand dwindling ,so getting a Rolex from an AD will be harder and secondary market pricing will remain extremely high .

Fully agree. Good luck to everyone seeking a hot model. Go grey... or go grey waiting.

[daOnlyBG]

Originally Posted by sgwatchguy

Go grey... or go grey waiting.

This is my new favorite quote.

[IamJacky]

Originally Posted by sgwatchguy

Go grey... or go grey waiting.

Who knows? perhaps pretty soon there's going to be waiting list in the grey market too...

[Andad]

Rolex production levels : Switzerland
Call for tighter measures in Switzerland after 55000 new cases the past month.
4271 new cases the past 24 hours.
The 2nd wave of infection has not been handled as well,as the first wave.


It’s not looking good Doctor.
I hope the vaccine roll out will alleviate the progression.

[fskywalker]

Originally Posted by daOnlyBG

This is my new favorite quote.

+1


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[Harry-57]

Originally Posted by TswaneNguni

Rolex production levels : Switzerland
Call for tighter measures in Switzerland after 55000 new cases the past month.
4271 new cases the past 24 hours.

For a moment I thought you meant watch cases.

[Harry-57]

Originally Posted by sgwatchguy

Go grey... or go grey waiting.

That's good. I might pinch that.

[Fleetlord]

Originally Posted by Harry-57

For a moment I thought you meant watch cases.

There is no vaccine for Rolex fever.

[sgwatchguy]

Originally Posted by Harry-57

That's good. I might pinch that.

Originally Posted by IamJacky

Who knows? perhaps pretty soon there's going to be waiting list in the grey market too...

Originally Posted by fskywalker

+1


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Originally Posted by daOnlyBG

This is my new favorite quote.

[Harry-57]

Originally Posted by Fleetlord

There is no vaccine for Rolex fever.

Hah! Tell me about it.

[Patton250]

Originally Posted by TswaneNguni

Call for tighter measures in Switzerland after 55000 new cases the past month.
4271 new cases the past 24 hours.
The 2nd wave of infection has not been handled as well,as the first wave .

If we look at 2020 ,anyone have an idea how production was affected ? I was told by an AD that it was down by 30% earlier in the year .1st wave lock down .

With tighter measures in place ,I think Rolex scarcity levels at ADs,may sadly increase in 2021.

I dont see demand dwindling ,so getting a Rolex from an AD will be harder and secondary market pricing will remain extremely high .

Totally plausible. This isn’t just watches, it’s with every major product in production around the world. Cars, boats, appliances, everything. The economy has been rocksolid the last four years. Things were difficult to get before this stupid virus hit. It’s only going to be made worse. Maybe they coming to decline in the economy will help but that’s a ways off. Perhaps it’s a good time to sell off my entire collection at a massive premium and then buy some previously impossible to afford property somewhere.

Never grey. Never. I would never pay $28,000 for $14,000 watch. It’s just not going to happen. I’m not sure I would even consider it if 30K to me was like $100 to a person in the middle class. It’s just the principle of it.

[brandrea]

It’s hard to say. I was encouraged by some of the recent incomings here from members who bought watches without any prior AD purchase ...

Well all except that guy with his rainbow Daytona

[padi56]

IMHO much more important things to worry about at the moment than production of watches.

[Lex_Ordo]

Originally Posted by daonlybg

this is my new favorite quote.

Originally Posted by sgwatchguy

fully agree. Good luck to everyone seeking a hot model. Go grey... Or go grey waiting.

this is the way...

[peterpl]

If Switzerland does go back into lockdown and everyone is forced to work from home or not work at all on new watches from Rolex - then yeah all the models are going to rise even more.

I'm sure there is going to be a correction when the vaccine is widely adopted but if supply is reduced even further in the short term expect prices to continue to climb there is no ifs and doubts about that.

[Patton250]

Originally Posted by padi56

IMHO much more important things to worry about at the moment than production of watches.

Perhaps, but most of those discussions get locked up very quickly and then we are reminded that this is a watch forum and discussion should revolve around that.

[JAJ78]

Originally Posted by Fleetlord

There is no vaccine for Rolex fever.

My Wife and my wallet are still holding on to the hope of a cure. Me, not so much.


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[77T]

Originally Posted by padi56

IMHO much more important things to worry about at the moment than production of watches.

Agree - here in US, Switzerland was named as a currency manipulator for actions to inflate Swiss franc between 14-19% of FMV. This allegedly occurred in 2019 and has continued this year.

For us here, a headwind since potential increased tariffs on Swiss goods would likely hit watches. Nothing immediate - first step is to negotiate with Swiss authorities to end manipulation efforts. Then if those efforts fail, tariffs are usually next step.


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[fsprow]

Originally Posted by peterpl

If Switzerland does go back into lockdown and everyone is forced to work from home or not work at all on new watches from Rolex - then yeah all the models are going to rise even more.

I'm sure there is going to be a correction when the vaccine is widely adopted but if supply is reduced even further in the short term expect prices to continue to climb there is no ifs and doubts about that.

A friend in Lucerne told me yesterday that the comments here on the possibility of near term lockdown are correct. Senior government advisers are strongly recommending one. As far as the impact of a vaccine goes, my guess is that yes supply will increase but also many people will be delighted to go out and start buying again and therefore it’s a matter of how supply and demand will balance.

[Oxfordian]

Worrying news around the globe of increased cases of covid and the potential health issues for us all. But are we not close to Rolex's supposed Christmas / New Year shutdown, so if Switzerland does impose a lockdown Rolex wouldn't be affected that much?

Or have I got that wrong?

[TswaneNguni]

Originally Posted by padi56

IMHO much more important things to worry about at the moment than production of watches.

True,what I am saying is that members crying about empty display cases ,may cry more comes 2021 ..

[Patton250]

Originally Posted by TswaneNguni

True,what I am saying is that members crying about empty display cases ,may cry more comes 2021 ..

It’s a good discussion for this forum and a very valid point. I believe your conclusion is absolutely spot on. It’s sad but absolutely correct.

[Chester01]

Something always cited as a reason for “low production”. Seems plenty of production going to gray market/chrono 24 and the like. Strange how they never seem impacted by all these production issues.

[fishingbear]

Originally Posted by Fleetlord

There is no vaccine for Rolex fever.

[TswaneNguni]

Originally Posted by Chester01

Something always cited as a reason for “low production”. Seems plenty of production going to gray market/chrono 24 and the like. Strange how they never seem impacted by all these production issues.

As a percentage of production,yes,quite a few end up at Mr Grey via corrupt ADs and Mr Flipper man .
As market prices rise ,so will lewd conduct increase even more .Snow ball effect .
Most likely the scenario that will follow .

[Macnavara]

Originally Posted by padi56

IMHO much more important things to worry about at the moment than production of watches.

Your not kidding

[ronricks]

Originally Posted by TswaneNguni

Call for tighter measures in Switzerland after 55000 new cases the past month.
4271 new cases the past 24 hours.
The 2nd wave of infection has not been handled as well,as the first wave .

If we look at 2020 ,anyone have an idea how production was affected ? I was told by an AD that it was down by 30% earlier in the year .1st wave lock down .

With tighter measures in place ,I think Rolex scarcity levels at ADs,may sadly increase in 2021.

I dont see demand dwindling ,so getting a Rolex from an AD will be harder and secondary market pricing will remain extremely high .

This is definitely something to consider going into 2021....

[Chester01]

Originally Posted by TswaneNguni

As a percentage of production,yes,quite a few end up at Mr Grey via corrupt ADs and Mr Flipper man .
As market prices rise ,so will lewd conduct increase even more .Snow ball effect .
Most likely the scenario that will follow .

I think it’s more than corrupt AD. Reality is people have been spending less and less in jewelry and the gap between those that can and can’t afford jewelry and watches is larger than ever and AD’s are competing for an ever smaller slice of the population that can afford such luxuries. People misunderstand economics and like to say well the middle class is exploding in Asia. Lol, it’s not the middle class that can afford Rolex watches.


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[BroncoOne]

It’s every product, not just watches.

It took me 2months to get an expensive sub zero fridge that I had to pay in full for when I ordered it.

Try buying lumber or a boat.