Went to A large AD in LA this evening ... sad sight

[enjoythemusic]

Wow, may as well have tumbleweeds!

FYI: Was at Mayors at Tampa International Mall a few days back and they had a pretty darn good selection.

[VicLeChic]

The good stuff goes out the backdoor mostly to grey dealers and the occasional VIPs.

[novae500]

no supply issues, fake news that ADs are limited in supply. They are selling to VIPs and grey market for sure.

[MrPear]

Originally Posted by novae500

no supply issues, fake news that ADs are limited in supply. They are selling to VIPs and grey market for sure.

THIS A MILLION TIMES

Have you seen Archie Luxury's latest video on SS Rolex? The guy actually made an informative video about an experience of him where - when at an AD - a known grey dealer come in with "bricks" of money for the AD.

The AD's true VIP clients are the greys, and if you think there is a supply shortage then this is the reason why.

The AD's are controlling the supply. NOT Rolex.

[Swaye]

Originally Posted by MrPear

THIS A MILLION TIMES

Have you seen Archie Luxury's latest video on SS Rolex? The guy actually made an informative video about an experience of him where - when at an AD - a known grey dealer come in with "bricks" of money for the AD.

The AD's true VIP clients are the greys, and if you think there is a supply shortage then this is the reason why.

The AD's are controlling the supply. NOT Rolex.

I really want to believe this isn't happening too much but am really starting to wonder....

[cbalster]

I was in seattle downtown this weekend. BB had 3 DJ 41 and a DJ II sitting there all weekend. And an Air King and Yachtmaster II of course!

[Dr. Robert]

Originally Posted by Calatrava r

There are 6 billion people in the world. SS sports make up considerably less than half of Rolex production given dress, TT, PM and ladies models. Global demand can break any market.

I concur.

[Moggo]

Originally Posted by samson66

That is a jaw dropping picture right there

How long is the waiting list for that clock?


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[Moggo]

Originally Posted by Swaye

I really want to believe this isn't happening too much but am really starting to wonder....

I’m not sure this is happening, certainly not at ADs that are part of a chain surely?!

In the UK supply is controlled to them by head office, or is that BS also?!

I’m confused


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[Swaye]

Originally Posted by Moggo

I’m not sure this is happening, certainly not at ADs that are part of a chain surely?!

In the UK supply is controlled to them by head office, or is that BS also?!

I’m confused


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I'm confused as well.

I'm not naive. I accept that the grey selling is happening at some ADs. Too much evidence to suggest otherwise. I just want to believe it's a few wayward dealer trying to make a quick buck, at the risk of losing everything.

But the consistent stories about different AD tactics and empty display cases are making me wonder if this is much more widespread than I want to believe.

[ALF61]

Originally Posted by pepsiretail

Geneva is selling hard to get, which they believe is what people want to buy.

Why do people think this is all on purpose ??? the production run is selling out before watches are windowed !!! HUGE DEMAND!!

[Moggo]

Originally Posted by Swaye

I'm confused as well.

I'm not naive. I accept that the grey selling is happening at some ADs. Too much evidence to suggest otherwise. I just want to believe it's a few wayward dealer trying to make a quick buck, at the risk of losing everything.

But the consistent stories about different AD tactics and empty display cases are making me wonder if this is much more widespread than I want to believe.

This exactly, a few unscrupulous owners not the norm I hope.


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[RaceDoc11]

That's exactly my thought. A lot of ADs are selling the hot pieces to grey. I'm sure they they are getting creative on how not to get caught.

Originally Posted by Swaye

I'm confused as well.

I'm not naive. I accept that the grey selling is happening at some ADs. Too much evidence to suggest otherwise. I just want to believe it's a few wayward dealer trying to make a quick buck, at the risk of losing everything.

But the consistent stories about different AD tactics and empty display cases are making me wonder if this is much more widespread than I want to believe.

[ppalasthira]

Originally Posted by novae500

no supply issues, fake news that ADs are limited in supply. They are selling to VIPs and grey market for sure.

Yeah. This.


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[Danny83]

Thats the norm out here in California

[Lifeisarolliecoaster]

Originally Posted by Moggo

How long is the waiting list for that clock?


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Like the post about a Singapore AD, having SS Models for display purposes only, the clock isn’t for sale

[k1gordon]

Originally Posted by Zed82

Or everything is going out the back door to grey dealers and preffered customers. Lots of bundle deals.

Real talk..

[justjay82]

Originally Posted by yoyoyoo

yup, seems to be the norm nowadays.

I saw this sad sight at the portland bb last month:

wow

[blada4life]

I forgot to add that during my conversation there was comments indicating how much money the flippers and greys are making on top of MSRP and that rules from management are changing almost weekly to deal with it. Makes me wonder.


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[faimag]

Originally Posted by Carry The Interest

If I didn't know any better I would have thought this was a photo of after-hours when the shop is closed and they tuck all their watches in for bed-time in the safe.

Sad state of affairs!

same here :)

[2001jesper]

Sad picture - However ADs must have the time of their life, since they can offload stock before it even hits the case. Dont believe that any AD miss the "old" days.

[pepsiretail]

Originally Posted by blada4life

I forgot to add that during my conversation there was comments indicating how much money the flippers and greys are making on top of MSRP and that rules from management are changing almost weekly to deal with it. Makes me wonder.


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The flipper game is becoming advanced. I saw another smooth operator the other day, these guys are shameless but then again I can’t really hold it against anyone, it’s not fraudulent in the legal sense and maybe some innocents are being spared while they focus on Rolex.

[RyanJ]

I don't blame the flippers one bit. When you can make 5-10k or more with very little work why not.

No one really cares this is happening besides watch enthusiasts. Most people could care less about a Rolex shortage...

[beshannon]

Originally Posted by Syed117

I've been told by at least 6 random ADs that there is no issue with supply.

They are getting the same amount of sports models they've always gotten.

Demand is insane and all those models are reserved before they even arrive. That's why there is nothing to display.

We've even seen multiple posts on the forum where people have coffins with stickers instructing store employees not to put watches on display.

I don't believe there is a supply issue. Not a single AD has told me that.

This should be stickied This is exactly correct.

[Drkitch109]

Originally Posted by beshannon

This should be stickied This is exactly correct.

Agreed. I went to the Rolex Wempe boutique in midtown this past weekend and one of the individuals working there explicitly stated SS pieces are reserved for special clients. They either have them in the back and only bring them out if you are looking to spend to a certain threshold or they are already sold.

It’s not limited to Rolex. Went to Panerai and told them I would buy the 590 with the 968 and they wouldn’t do it unless I bought something other than a base model to bundle with the bronzo. They know what these pieces get on the secondary market so a piece selling at 2x retail is going to require you to at least spend that amount to get a look.


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[ilovethiscity]

Originally Posted by yOyOYoo

Yup, seems to be the norm nowadays.

I saw this sad sight at the Portland BB last month:

You know what I don’t usually have a lot to say but my god this is really sad! How do Rolex think that looks because I don’t see exciting/hard to get it’s just miserable lol

[rudestew]

Rolex casejust

[MercedesHand]

Originally Posted by Moggo

How long is the waiting list for that clock?


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It's not for sale unless you bundle a DJ and a PM watch

[enjoythemusic]

FYI in Munich two of my dealer friends... one had some inventory but not much, the other had empty wall cases and nearly nothing in stock. The airport friend had some decent inventory, but leaning towards the higher PM pieces (they had a rainbow a while back he showed / offered me, i passed on it).

Was at my AD Mayors in FL a few days ago picking up the chnr. He also had a white polar that he offered me and passed. Might pick one up at some point, though just bought two Ltd Ed Sonor DCP bronze snare drums so that kind of ate in the my fun funds.

AD said just as he's starting to put polar into the case someone asked if it is Rolex stainless steel sports model. The answer was yes and the guy bought it. Demand is insane and watches don't even make it **into** the case because they're asked for before AD even has a chance to place it into the display holder(!).

[Moggo]

Originally Posted by rudestew

Rolex casejust

Haha


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