SS Shortage Waning ?

[rdizzle92]

New to this forum, long time lurker! In the market for either a ND Sub or a LN Sub, had an interesting experience at an AD in Vancouver,CA yesterday. Went in and spoke with a sales rep and inquired about the ND Sub, she said they have 0 people on the waitlist and wait times shouldn't be that long .. she then mentioned we just got a shipment in today and we prob have a unit in the back. but she said she wouldn't check the shipment because I was not prepared to purchase it that day. Interesting experience.. I have contacted a few other AD's in the past and they always quoted long wait times and some were not even taking waitlists .. perhaps the SS shortage is waning? or is the ND Sub just not that desirable of a piece? I guess it doesn't command the same premiums above MSRP as the LN Sub and GMT's on Greys.

[BT1985]

With the new policies of having to buy in person it makes supply/demand dynamics vary widely in each market. Perhaps most people in your market prefer GMTs or already have a sub?


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[David5807]

Originally Posted by BT1985

With the new policies of having to buy in person it makes supply/demand dynamics vary widely in each market. Perhaps most people in your market prefer GMTs or already have a sub?


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Is that actually a new policy, you have to buy in person now?

[BT1985]

Originally Posted by David5807

Is that actually a new policy, you have to buy in person now?

It is the the states for sure. Can’t speak for Canada.


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[jonnyz1245]

Originally Posted by BT1985

It is the the states for sure. Can’t speak for Canada.


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Interesting and could have fooled me.

Source?

[BT1985]

Originally Posted by jonnyz1245

Interesting and could have fooled me.



Source?

A handful of ADs. Came about same time as the new sticker policy. I bought a Sea Dweller out of state on business and he said he couldn’t ship to me for future purchases without face to face transaction even as a repeat customer. This guy is salt of the earth too and wouldn’t BS. I am sure there are some that don’t always adhere to this but it’s why you are seeing smaller markets have fewer people on wait lists and sometimes hot references in the case. My local AD said they went through their list and purged it of out of state buyers that they didn’t know. That may have been AD specific though.


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[jonnyz1245]

Originally Posted by BT1985

A handful of ADs. Came about same time as the new sticker policy. I bought a Sea Dweller out of state on business and he said he couldn’t ship to me for future purchases without face to face transaction even as a repeat customer. This guy is salt of the earth too and wouldn’t BS. I am sure there are some that don’t always adhere to this but it’s why you are seeing smaller markets have fewer people on wait lists and sometimes hot references in the case. My local AD said they went through their list and purged it of out of state buyers that they didn’t know. That may have been AD specific though.


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Cool, thanks for sharing. I think it probably is AD specific as I know some who do not adhere to it and others who do. I assume this will go away with the next market shift/economic downturn.

[envuks]

While I don’t know if it’s a Rolex policy or not, when I purchased my 116500 about a month ago my AD informed me via email that they could no longer accept credit card payments over the phone for Rolex and asked if I would be able to stop in to pay.

This exchange was with the owner whom I have a prior relationship with so I have no reason to believe it’s his policy to inconvenience me. At the time of the exchange he was under the impression he would be shipping the watch to me, but I ended up just picking it up as the store is 45 minutes away and on my way home from work.

[David5807]

Originally Posted by BT1985

It is the the states for sure. Can’t speak for Canada.


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No kidding! This may better the odds of getting those hard to find pieces.

[BT1985]

Originally Posted by David5807

No kidding! This may better the odds of getting those hard to find pieces.

I have a couple of big success stories that were a direct result of this. If you put in the work you would be surprised what you may find.


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[David5807]

Originally Posted by BT1985

I have a couple of big success stories that were a direct result of this. If you put in the work you would be surprised what you may find.


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[BakerView]

Originally Posted by BT1985

A handful of ADs. Came about same time as the new sticker policy. I bought a Sea Dweller out of state on business and he said he couldn’t ship to me for future purchases without face to face transaction even as a repeat customer. This guy is salt of the earth too and wouldn’t BS. I am sure there are some that don’t always adhere to this but it’s why you are seeing smaller markets have fewer people on wait lists and sometimes hot references in the case. My local AD said they went through their list and purged it of out of state buyers that they didn’t know. That may have been AD specific though.



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I have seen this as well in at least 3 States now.... I used to call, credit card, ship with ease. No longer, which is fine as it's nice to visit in person now and again.

[Rolex85]

While all SS models are sought after here, the ND sub has always been one of the easier ones to get from my discussions with the Vancouver ADs and I was often told over the last year that it would be a couple weeks to a month wait. November 2017was offered discount if I paid via bank draft or cash but a white skydweller showed up and I took that at full retail. now it is full retail on all SS.

[77T]

If ADs across the globe were required to ID each customer in person, and permitted to log their inventory into a “dealer-net”, then the grey market would be slowed enough to allow the imbalance to normalize.

This would hurt some ADs who are selling out the backdoor, but it would allow them to fulfill any remote AD’s sale by shipping unsold inventory to that AD.


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[VanAdian]

Which Vancouver AD? Are you talking about the boutique store? The reason I ask is that they no longer have a list. It’s first come first served. Or at least in principle;)

[thepress83]

I would also like to know which ad. I’m in Vancouver and am looking for a nd sub this weekend.

[TimingsEverything]

Face-to-face requirement probably explains my buddy's luck. He was traveling on business and happened to stop in at an AD. There was a new cerachrom Daytona they had available, so he snapped it up. If you're looking for a hard to find Rolex, like a BLRO, it pays to stop in to an AD when traveling.

[Abdullah71601]

Originally Posted by BT1985

It is the the states for sure. Can’t speak for Canada.


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It's not new in the States. Rolex USA has required ADs to sell in person only for several years. ADs will work around this if they have prior sales with you and know you, but phone sales have been long off limits, and are easy to police by the mother ship.

OP - the SS market is softening. I've seen subs, SD's, and LN GMTs in stock at the AD lately.

[Bosbevok]

Which AD in Vancouver?


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[Bryano1028]

Tried to buy a hulk in NC that came in, AD texted me and I had already gotten back to Ohio. Offered a premium for them go let me buy over phone and ship but no luck. Have a good relationship too, they wouldn’t budge.

[lecorsaire]

WOW! If this is true I may get that white DaytonaC sooner than I thought. Maybe a BLRO instead. I’m going to go to my AD where I have been waiting for almost 2 years now and see what’s going on. I’m also thinking of buying a ceramic gold Sub 116618LB. I’m going to ask them what the best price they can do for me is. If I can get a new one for 28-29k out the door that will be good enough for me. I want to develop a decent purchase history so that I get the good stuff without having to wait as long.

Buying everything from the GM will confine me to paying premiums forever.

[BT1985]

Originally Posted by lecorsaire

WOW! If this is true I may get that white DaytonaC sooner than I thought. Maybe a BLRO instead. I’m going to go to my AD where I have been waiting for almost 2 years now and see what’s going on. I’m also thinking of buying a ceramic gold Sub 116618LB. I’m going to ask them what the best price they can do for me is. If I can get a new one for 28-29k out the door that will be good enough for me. I want to develop a decent purchase history so that I get the good stuff without having to wait as long.

Buying everything from the GM will confine me to paying premiums forever.

If you are buying a Gold sub you should be able to get a package deal.


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[Fat_ninja]

I dont buy in person...my ADs are in 3 other states

[lecorsaire]

Originally Posted by BT1985

If you are buying a Gold sub you should be able to get a package deal.


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Yeah this is how I’ve heard that many people have gotten some in demand watches. I’ll give it a shot. I’m not a flipper so if I can get a good price on a new gold sub then perhaps they’ll offer me the Daytona. The problem is I only want the white one. I think this is also why I haven’t had luck so far. Had I not specified a preference when ordering it’s possible I would’ve been given a black one by now.

I know several people who have bought a DaytonaC from ADs but it’s always been the black one. To be honest I’ve tried it on and think it’s a gorgeous watch but I just don’t want to collect a bunch of watches with black dials. I know that I’m going to buy a black Sub (5513/16610/ or 116610) and more GMTs in the future (a 1675/16700/16750/16710 or the new BLRO).

Since I don’t typically like white dials because they’re more formal and plain, the Daytona is the perfect watch to get in white. There’s also more contrast and the sundials match the black bezel. A white dial on a steel DJ or WG DD is perfect as a daily watch to wear to work that isn’t loud.

[Tony8959]

Originally Posted by lecorsaire

Yeah this is how I’ve heard that many people have gotten some in demand watches. I’ll give it a shot. I’m not a flipper so if I can get a good price on a new gold sub then perhaps they’ll offer me the Daytona. The problem is I only want the white one. I think this is also why I haven’t had luck so far. Had I not specified a preference when ordering it’s possible I would’ve been given a black one by now.

I know several people who have bought a DaytonaC from ADs but it’s always been the black one. To be honest I’ve tried it on and think it’s a gorgeous watch but I just don’t want to collect a bunch of watches with black dials. I know that I’m going to buy a black Sub (5513/16610/ or 116610) and more GMTs in the future (a 1675/16700/16750/16710 or the new BLRO).

Since I don’t typically like white dials because they’re more formal and plain, the Daytona is the perfect watch to get in white. There’s also more contrast and the sundials match the black bezel. A white dial on a steel DJ or WG DD is perfect as a daily watch to wear to work that isn’t loud.

If you find a black DaytonaC you don’t want I’d gladly take it lol

[thepress83]

I just got back from the Rolex boutique on alberni. They had a polar exp2 in the display case but nothing else just in case anyone is looking for that watch in Vancouver.

[stylinleems]

Was at a Rolex boutique today also, had an Explorer I and II (white dial) on display along with TT Sky-D White dial, black and blue dial Milgauss and no other stainless steel watches. Was told all SS were waiting lists now, don't even make it to the cases.