Rolex- the stupidest, lamest company

[Tango]

Now's the time to buy one, pre-owned ANIB prices are dipping below current retail these days if you look hard enough.

 

[HookMeUpII]

Now's the time to buy one, pre-owned ANIB prices are dipping below current retail these days if you look hard enough.

Are you talking about SS sports models like Subs, GMTs? If so, those are still really tough to come by. Market has a ton of pre-owned, though.

 

[Tango]

No, I'm talking about Explorers and Explorer 2s. Subs, Daytonas and GMTs are in another league as far as value retention goes.

 

[BeeMaa]

Rolex (and all other brands as well) are experiencing a severe dip in price, making many watches affordable. It's a buyers market and he who hesitates is lost. If you see the one you have been after...

 

[Jefferry404]

A bit disappointed. Have 2, a 1989 gmt and 2015 sea dweller. 2016 sea dweller went for repair, suddenly slowed. Be good ever since, wear 24/7 everyday around the ranch, etc. recently sped up to around 7s/day, so mailed in to Dallas.
Estimate said worn movement, crown worn and case back “non-conforming”.
Now, that stem has been used about 50 times over 10 years. When called about the case back , told had engraving. Hmmm… as factory original! Said they would check and get back in 48 hrs. Later that day called again as thought maybe wrong watch. Different person said the case back was “burnished”. So I guess the movement on my wrist over 10 years polished the back out of spec
Told, oh the stems always wear out.
Ok, test the gasket should be changed for depth rating. Declined the polishing.
Anyhow been wanting a new hmt or seadweller but now, thinking maybe a different brand tool watch.

 

[Altitude sickness]

Hopefully this story makes you feel better. I just sent my Grandfather’s 1926 Hamilton 21 Jewel pocket watch in for maintenance. Original Hamilton parts are pricey. But man.

I was thinking a $500-$750 cleaning and checkup.

So the call was a shock. This is worn out. That needs replacing. This should be replaced.

$2700 for what I thought was a maintenance trip. Almost half the value of the watch.
So I asked them to wrap it up and send it home. Fortunately it’s only $10 return shipping.

I will try another recognized Hamilton repair company and see if they say the same.

 

[leslie hetrick]

as i don,t scuba dive or jump from airplanes and my combat days are 60 odd years behind me, i go to the forbidden place (wall mart) and pay 12.00 for a electric watch. it keeps perfict time with my computer and its just about two years old now and when it dies i will toss it into the trash bin and buy another, oh, i don,t play golf either.

 

[farmer_john]

Hopefully this story makes you feel better. I just sent my Grandfather’s 1926 Hamilton 21 Jewel pocket watch in for maintenance. Original Hamilton parts are pricey. But man.

I was thinking a $500-$750 cleaning and checkup.

So the call was a shock. This is worn out. That needs replacing. This should be replaced.

$2700 for what I thought was a maintenance trip. Almost half the value of the watch.
So I asked them to wrap it up and send it home. Fortunately it’s only $10 return shipping.

I will try another recognized Hamilton repair company and see if they say the same.

Good luck fixing older watches cam be costly. But itl be worth it in the long run.
I started to reply realized its mostly a dead thread. But alot of folks seem up in arms is kinda silly. I got my rolex told dealer what i wanted and had my watch a few months later. Not really an issue in my opinion

 

[Jim Golden]

I'd like to have a Submariner, but am a bit of a Breitling fan and also want a Navitimer (even though they look busy and I'm far sighted and probably couldn't read the extra little dials anyway ). I wear a Superocean as my everyday watch and am very happy with it. I like the dive watch style. Have a Seiko that I got before the Breitling that looks similar and is their PADI watch. It's a nice watch too and at a fraction of the price. An Omega Seamaster would be another on my list. About the only jewelery I really like are watches. My two are stainless....don't really want a gold one. I was a bit worried about wearing my Breitling in Cozumel, but there were guys on the tours with gold Rolex's so I figured I was about number 20 on the chain of watches to be robbed

 

[HankBuck]

as i don,t scuba dive or jump from airplanes and my combat days are 60 odd years behind me, i go to the forbidden place (wall mart) and pay 12.00 for a electric watch. it keeps perfict time with my computer and its just about two years old now and when it dies i will toss it into the trash bin and buy another, oh, i don,t play golf either.

@leslie hetrick - AGREE, my Walmart TIMEX will keep more accurate time then any Rolex ever made and for a cost of $15 to $35 (depending on sale /clearance rack) so what if it only lasts 2 years before I throw it in the trash? Sure, Rolex is a finely made hand crafted time piece that reflects craftsmanship rarely seen these days and owning one is appreciated for more then just “telling time”. Some appreciate the craftsmanship others crave the “attentions & status” they think Rolex gives them (those people are pathetic). I like BOTH types and while I buy a new TIMEX every 2-3 years, I also own an Omega that I appreciate (although it requires a battery). I’ve never owned a Rolex but appreciate them too for the traditional craftsmanship, However, I saw so many ‘pretentious’ people at work wearing them — I could never bring myself to buy one….even though they are a very fine time piece.

 

[dogcat1]

Rolex (and all other brands as well) are experiencing a severe dip in price, making many watches affordable. It's a buyers market and he who hesitates is lost. If you see the one you have been after...

Plus, every cell phone has a clock, timer, alarm, etal... who needs a watch anymore?

 

[Challer]

Except when you're out of power

 

[BeeMaa]

Plus, every cell phone has a clock, timer, alarm, etal... who needs a watch anymore?

Everything except spell check apparently.

 

[Wishfulthinker580]

 

[Kharn]

I can't remember the last time I wore a watch (or any male jewellery like rings, necklaces etc for that fact).

 

[leslie hetrick]

Except when you're out of power

if your out of power, you need more than a watch. a small solar panel will keep it running. around here most of the pa. dutch have solar panels that keep their cell phones and small electric gadgets running.

 

[BeeMaa]

Must drive a horse and buggy, but can use a mobile phone.

Makes perfect sense.

 

[farmer_john]

Everything except spell check apparently.

Ya..... I need this.....lol

 

[farmer_john]

@leslie hetrick - AGREE, my Walmart TIMEX will keep more accurate time then any Rolex ever made and for a cost of $15 to $35 (depending on sale /clearance rack) so what if it only lasts 2 years before I throw it in the trash? Sure, Rolex is a finely made hand crafted time piece that reflects craftsmanship rarely seen these days and owning one is appreciated for more then just “telling time”. Some appreciate the craftsmanship others crave the “attentions & status” they think Rolex gives them (those people are pathetic). I like BOTH types and while I buy a new TIMEX every 2-3 years, I also own an Omega that I appreciate (although it requires a battery). I’ve never owned a Rolex but appreciate them too for the traditional craftsmanship, However, I saw so many ‘pretentious’ people at work wearing them — I could never bring myself to buy one….even though they are a very fine time piece.

I think you could flip the conversation to 10k plus guns as well. Alot of folks here have very $$$ firearms. And use them. But alot of folks could make similar arguments.

Rolex is a high end mass produced mechanical watch. But thats it.

What kills me is folks who buy a rolex sports watch but then it lives in a safe except for the office or church.

 

[farmer_john]

Rolex (and all other brands as well) are experiencing a severe dip in price, making many watches affordable. It's a buyers market and he who hesitates is lost. If you see the one you have been after...

Its not so much a dip in price. Its that covid made everything crazy. Like everyone had covid money and bought thigks like rolexs.
Rolex only makes so many a year. So prices on gray market went insane. Like 2x-4x msrp.
And only in last year or two has the craze died down and things are returning to normal. Chrono pulse actuslly tracks watch prices like the stock market

https://www.chrono24.com/chronopulse.htm?period=_6months

You can look at watch brands and models. But you will see where the second hand market went ham on prices during covid and has been coming down steadily.