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casadecamporolex · 23 October 2008, 07:48 AM

Will this company reverse the prices on the new product now that the price of platinum has eroded beyond 50% and gold down 25%?
I precarious position at best for Rolex...can they afford to gouge their best clients who tend to grasp financial realities a little better than most.

scottschoe · 23 October 2008, 07:58 AM

The actual amount of gold in a 'gold' Rolex is negligible compared to the price, so I don't think so.

toph · 23 October 2008, 08:09 AM

well say they sell 3/4 the amount of Platinum and gold rolexes (at the same prices ) compared to last year then they are making about 8-9% more profit

chicagowatchman · 24 October 2008, 06:10 AM

Platinum down 50% ???

harvey · 24 October 2008, 06:12 AM

they do normally say... what goes up must come down... nuhuh not rolex prices

sphereman · 24 October 2008, 07:51 AM

you don't know Rolex??

when platinum and gold prices go down, it is just more profits for them.. not price cut for us.. NEVER

chicagowatchman · 24 October 2008, 08:01 AM

Quote:

Originally Posted by sphereman

you don't know Rolex??

when platinum and gold prices go down, it is just more profits for them.. not price cut for us.. NEVER

You got that right!

Atlanta · 24 October 2008, 08:54 AM

Quote:

Originally Posted by casadecamporolex

Will this company reverse the prices on the new product now that the price of platinum has eroded beyond 50% and gold down 25%?
I precarious position at best for Rolex...can they afford to gouge their best clients who tend to grasp financial realities a little better than most.

No - they do not adjust their prices up and down - just up, which is good for all of us. Rolex is one of the safest investments you can make. I would think less of them if they lowered prices.

cody p · 24 October 2008, 09:29 AM

won't affect pricing. on a diff note, if the economy keeps tanking, i think rolex will maintain their current pricing and just cut down production. the secondary market (used), however, will take a big hit.

Green Arrow · 24 October 2008, 11:32 AM

Quote:

Originally Posted by casadecamporolex

Will this company reverse the prices on the new product now that the price of platinum has eroded beyond 50% and gold down 25%?
I precarious position at best for Rolex...can they afford to gouge their best clients who tend to grasp financial realities a little better than most.

:r ofl:

: lol:

:t wit:

23 October 2008, 07:48 AM	#1
casadecamporolex "TRF" Member Join Date: Mar 2008 Real Name: Louie Location: CDC/FCGC Watch: 116619LB Posts: 1,313	New lower gold/platinum prices=new, revised prices? Will this company reverse the prices on the new product now that the price of platinum has eroded beyond 50% and gold down 25%? I precarious position at best for Rolex...can they afford to gouge their best clients who tend to grasp financial realities a little better than most.

23 October 2008, 07:58 AM	#2
scottschoe "TRF" Member Join Date: Nov 2007 Location: CA Posts: 3,295	The actual amount of gold in a 'gold' Rolex is negligible compared to the price, so I don't think so. __________________ __________________

23 October 2008, 08:09 AM	#3
toph "TRF" Member Join Date: Apr 2008 Real Name: ChrisTOPHer Location: Sydney Watch: Rolex, Brellum, Posts: 12,601	well say they sell 3/4 the amount of Platinum and gold rolexes (at the same prices ) compared to last year then they are making about 8-9% more profit __________________ "Where no counsel is the people fall, but in the multitude of counselors there is safety." Member No.# 11795

24 October 2008, 06:10 AM	#4
chicagowatchman "TRF" Member Join Date: Jul 2007 Location: Chicago IL Watch: Platinum DDMasterp Posts: 1,983	Platinum down 50% ??? __________________ Men's Platinum Day Date Masterpiece Men's 18k Day Date Crown Collection Men's Franck Muller 18k Conquistador Cortez Men's SS Cartier Pasha MEMBER # 5534 USA CHICAGO IL

24 October 2008, 06:12 AM	#5
harvey "TRF" Member Join Date: Apr 2008 Location: rolexforums.com Posts: 5,426	they do normally say... what goes up must come down... nuhuh not rolex prices __________________ And ever has it been that love knows not its own depth until the hour of separation.

24 October 2008, 07:51 AM	#6
sphereman 2024 Pledge Member Join Date: Oct 2007 Location: SoCal Posts: 981	you don't know Rolex?? when platinum and gold prices go down, it is just more profits for them.. not price cut for us.. NEVER __________________ 2023 Watch Collection Panerai: 249 California, 232, 390 Rolex: Starbucks Tudor: Blue Pelagos

24 October 2008, 09:29 AM	#9
cody p "TRF" Member Join Date: Jun 2008 Location: Canada Watch: Air-King 114200 Posts: 2,878	won't affect pricing. on a diff note, if the economy keeps tanking, i think rolex will maintain their current pricing and just cut down production. the secondary market (used), however, will take a big hit.

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