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Anyone here a Jeweler, know someone who is or has good relationship with one? (1 Viewer)

boots11234

Footballguy
Closed a huge deal at work, wanted to celebrate the occasion with the purchase of a steel GMT 2 Rolex Pepsi.  Come to find out they are sold out...everywhere.  Im on the list but was hoping someone here can get me the hookup.  

 

jvdesigns2002

Footballguy
Thanks for the shout out guys--much appreciated.   Unfortunately--the watch that you are looking for is probably the hottest watch on the market right now.  Authorized Rolex dealers are only getting a couple/few of them per month and they are basically only making them available to their very best customers currently.   They are going for $4-6k over retail price--so the only way you can actually find one at retail pricing is to go to an authorized Rolex jeweler--and spend a lot of money--like tens or hundreds of thousands.  Only then will you probably be "eligible" to get one at regular retail price from the jewelers/dealers that are lucky enough to have one currently or are getting some in stock soon.  You have to remember--them allowing you to buy one at full retail is basically them writing you a check for $4-5k as you could easily quick flip it and turn that profit.    If you don't want to buy your way into being eligible to get one at msrp--you just need to bite the bullet and look to spend $17-19k for one from a secondary broker.  That is unfortuantely the landscape for that watch currently. 

 
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chet

Footballguy
Thanks for the shout out guys--much appreciated.   Unfortunately--the watch that you are looking for is probably the hottest watch on the market right now.  Authorized Rolex dealers are only getting a couple/few of them per month and they are basically only making them available to their very best customers currently.   They are going for $4-6k over retail price--so the only way you can actually find one at retail pricing is to go to an authorized Rolex jeweler--and spend a lot of money--like tens or hundreds of thousands.  Only then will you probably be "eligible" to get one at regular retail price from the jewelers/dealers that are lucky enough to have one currently or are getting some in stock soon.  You have to remember--them allowing you to buy one at full retail is basically them writing you a check for $4-5k as you could easily quick flip it and turn that profit.    If you don't want to buy your way into being eligible to get one at msrp--you just need to bite the bullet and look to spend $17-19k for one from a secondary broker.  That is unfortuantely the landscape for that watch currently. 
Hotter than a SS Daytona?

 

jvdesigns2002

Footballguy
Hotter than a SS Daytona?
In terms of the number of phone calls my colleagues and I have been fielding on watches the last couple of months--I'd say it's at least equal or more.  A Daytona might command the same if not more money--but the number of people that are in the market for a GMT Master II Pepsi on a Jubillee bracelet is pretty insane.  With that said--pretty much any stainless steel Rolex professional model is really in demand right now.  Even a base Submariner is a chore to find at anything super close to retail pricing.   

 

fantasycurse42

Footballguy Jr.
boots11234 said:
Closed a huge deal at work, wanted to celebrate the occasion with the purchase of a steel GMT 2 Rolex Pepsi.  Come to find out they are sold out...everywhere.  Im on the list but was hoping someone here can get me the hookup.  
:lol:

Walking into an AD and buying a Pepsi. You’re standing in a line with 10’s of thousands of people, a good amount have already bought Rolexes from these dealers and have relationships already.

I own one, it’s actually taken the lead as my daily wearer over a green Sub, 50th anniversary SD, white Daytona, and a few other models - I’ve never paid a premium. 

I’ve got a blue Sky Dweller incoming at some point in the next few months, which to me is the rarest unicorn of them all, I don’t even think Rolex really makes those. Also have to see what they drop at Basel this year, rumors circulating of a new Sub and discontinuing the Batman GMT. 

Now Patek is a different game, I’ve been chasing a Nautilus for 18 months. I do well on Rolex, but man, PP is about 10x harder, if you could believe that. 

You want a real challenge, go find an Apollo 45th anniversary Omega Silver Snoopy Award. I’ve been chasing that since they were selling for $15k, can’t find one for less than $25k now. $7k watch from Omega, it’ll be worth $100k in 20-30 years.

I’ll PM you some advice Monday from my computer, as it’ll take me some time to type out. Where are you located? 

 
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Galileo

Footballguy
:lol:

Walking into an AD and buying a Pepsi. You’re standing in a line with 10’s of thousands of people, a good amount have already bought Rolexes from these dealers and have relationships already.

I own one, it’s actually taken the lead as my daily wearer over a green Sub, 50th anniversary SD, white Daytona, and a few other models - I’ve never paid a premium. 

I’ve got a blue Sky Dweller incoming at some point in the next few months, which to me is the rarest unicorn of them all, I don’t even think Rolex really makes those. Also have to see what they drop at Basel this year, rumors circulating of a new Sub and discontinuing the Batman GMT. 

Now Patek is a different game, I’ve been chasing a Nautilus for 18 months. I do well on Rolex, but man, PP is about 10x harder, if you could believe that. 

You want a real challenge, go find an Apollo 45th anniversary Omega Silver Snoopy Award. I’ve been chasing that since they were selling for $15k, can’t find one for less than $25k now. $7k watch from Omega, it’ll be worth $100k in 20-30 years.

I’ll PM you some advice Monday from my computer, as it’ll take me some time to type out. Where are you located? 
LOOK AT ME!  I CAN TELL TIME!

 

rockaction

Footballguy
Back to the topic: That is a sharp watch, but it seems like it doesn't go with a suit somehow. 

I don't know, with all due respect to people that have poured a lot of money into them, to me, Rolexes look great as stand alone pieces, potentially gaudy with clothes or on wrists. Of course, that is a personal preference to always be casual and understated on my end. 

It certainly is a fine looking piece of jewelry; I'd really have a hard time arguing that. That said, there's a great watch thread on this board that had these 400-1200 dollar British watches that I loved. Reasonably priced, great starter watches, casually worn. More my speed. I just think that $12-18,000 on my wrist is too much metal for a guy like me. 

"Give me a crisp pair of jeans, [dude], button ups. S dots on my feet make my cipher complete..."

 

boots11234

Footballguy
:lol:

Walking into an AD and buying a Pepsi. You’re standing in a line with 10’s of thousands of people, a good amount have already bought Rolexes from these dealers and have relationships already.

I own one, it’s actually taken the lead as my daily wearer over a green Sub, 50th anniversary SD, white Daytona, and a few other models - I’ve never paid a premium. 

I’ve got a blue Sky Dweller incoming at some point in the next few months, which to me is the rarest unicorn of them all, I don’t even think Rolex really makes those. Also have to see what they drop at Basel this year, rumors circulating of a new Sub and discontinuing the Batman GMT. 

Now Patek is a different game, I’ve been chasing a Nautilus for 18 months. I do well on Rolex, but man, PP is about 10x harder, if you could believe that. 

You want a real challenge, go find an Apollo 45th anniversary Omega Silver Snoopy Award. I’ve been chasing that since they were selling for $15k, can’t find one for less than $25k now. $7k watch from Omega, it’ll be worth $100k in 20-30 years.

I’ll PM you some advice Monday from my computer, as it’ll take me some time to type out. Where are you located? 
I’m In minneapolis but would have no problem jumping on a plane to get it from an AD. 

Will Rolex ever catch up to the demand?  Seems silly to give all that money to the Gray. Looking forward to you advice @fantasycurse42

 

chet

Footballguy
I’m In minneapolis but would have no problem jumping on a plane to get it from an AD. 

Will Rolex ever catch up to the demand?  Seems silly to give all that money to the Gray. Looking forward to you advice @fantasycurse42
If they produced enough to meet demand, they'd have a lot of left over inventory.  Get how that works?

 

jvdesigns2002

Footballguy
I have my dad’s red line submariner. I never wear it. 
Take good care of it.  Once it has been serviced--at least wind it once a month or put it in a watch winder once a month to keep the oils in the gear train.   A watch like that will always command value--and the last thing you want to do to is to let old/decomposed watch oils damage the parts.   Also--if the watch is fully original and has never been polished--do not get talked into polishing it or doing any sort of work on the dial.  An all original (especially if yours has a desirable patina on the dial), unpolished watch is a collectors dream. If you still have box/papers on top of that--that's basically wristwatch porn.   

 

jvdesigns2002

Footballguy
If they produced enough to meet demand, they'd have a lot of left over inventory.  Get how that works?
Exactly this.   Rolex has maintained massive relevancy by chokeholding the supply of their desirable models.   Buyers are effectively forced to buy loads of their other products to obtain first opportunity at these desirable models.   Do you think Supreme would be as desirable a clothing brand if their products became readily available?   There are lots of fantastic watches and lots of fantastic watch brands on the market---the smart ones find a way to maintain relevancy even in this vast sea of choices.   Increasing supply generally makes things less desirable and relevant in the world of high end goods.   

 
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DA RAIDERS

willy t flyers
Take good care of it.  Once it has been serviced--at least wind it once a month or put it in a watch winder once a month to keep the oils in the gear train.   A watch like that will always command value--and the last thing you want to do to is to let old/decomposed watch oils damage the parts.   Also--if the watch is fully original and has never been polished--do not get talked into polishing it or doing any sort of work on the dial.  An all original (especially if yours has a desirable patina on the dial), unpolished watch is a collectors dream. If you still have box/papers on top of that--that's basically wristwatch porn.   
i've had it serviced by rolex, once.  it's all original.  the patina is in perfect.  no box/papers.  i'll have to dig it out of the safe and use it a bit.

 

jvdesigns2002

Footballguy
i've had it serviced by rolex, once.  it's all original.  the patina is in perfect.  no box/papers.  i'll have to dig it out of the safe and use it a bit.
If it has been sitting stagnant for several years--do not wind it--as the watch is probably dry inside and running it while it's not properly lubcriated could put some major wear on the parts.   If it was serviced in the last year or two--then winding/using it isn't a bad idea.   If it has been several years since it has last been serviced--you'll want to find a watchmaker that is trustworthy and is familiar with working on vintage Rolex's.   If you decide to send it in to Rolex directly--make sure to tell them not to do any modifications to the hands/dial and not to polish the exterior.   Sounds like an awesome watch that you have. 

 

fantasycurse42

Footballguy Jr.
All I ever wanted was a Pepsi. Just one Pepsi
You should get one.

I’m In minneapolis but would have no problem jumping on a plane to get it from an AD. 

Will Rolex ever catch up to the demand?  Seems silly to give all that money to the Gray. Looking forward to you advice @fantasycurse42
I need to go into detail with advice, which I will do in a PM, but you need the ADs to like you, need to be personable- they have endless people walking in looking for that watch, have to separate yourself from the pack. Those lists are nonsense, plain and simple. 

Also, have you considered the 5 digit GMT BLRO? With some good due diligence, it can be had for under $10k. It’s on an oyster bracelet, so if it’s your only high end watch, could be more versatile. 

The biggest benefit of a 16710blro imo though, is the fact that it isn’t a ceramic bezel. Obviously a ceramic bezel is more sturdy, but the the 16710 bezel can be swapped easily for Pepsi, Coke, or all black. Rolex will do it for cheap too, brand new ones, as long as you have the paperwork that shows it isn’t originally a black 16710.

 

Don't Noonan

Footballguy
I stopped wearing a watch a decade ago and don't ever see myself wearing one again.  If someone offered me a rolex for $300 and assuming I couldn't just turn around and sell it would not buy it.

 

jvdesigns2002

Footballguy
:lmao: Just light your money on fire instead. 
Do some research on the value retention on stainless steel Rolex sport models and compare that to any other luxury purchase and see how well they have done.  They have increased in value far more than the interest that one's bank account is earning them.  Buy a luxury car--and see how much it's worth 7 years later.  If you bought a stainless steel Rolex Submariner 7 years ago--you could sell it for a lot more money than you paid for it--AND enjoyed it for 7 years.   Even on the wholesale side of things--pre-owned steel submariners have gone up in value 30-50% over the past few years.  So no--it's not like lighting your money on fire. 

2) in regards to the people that make the "why should I wear a watch when I have a cell phone" argument.  Pretty much every piece of evidence shows that cell phones are terrible for our health.   Anything that keeps us away from using our phones excessively should be embraced and not laughed at. Not only that--there is nothing gentemanly or polite about people constantly staring at their phone.   If quickly glancing down at ones wrist stops a person from having to stare at their phone to tell the time--again--this is a good thing and not a bad thing.   

3) technology does not always equal style.  A mechanical wristwatch is not only a means to tell time--its a form of mechanical artwork for those who appreciate it. A classic car might not make logical sense as there are newer and cheaper cars that run better and more efficiently--but to a purist--a classic car is a piece of art.  It's no different than how a watch collector views watches.  I understand that collecting watches (especially high end watches) might not be for everybody--but it's also a hobby that deserves not to be laughed at.  My guess is that most people spend money on indulgences that are far worst investments than owning a fine watch (es).  

For those of whom might not understand how a mechanical wristwatch can be a form of art--this youtube clip is an example. It's a clip about a watch called the Grand Master Chime from Patek Phillipe. The watch has over 1300 parts--roughly 4-5 times more parts than a typical car engine.  The watch has 20 complications--it can chime you the time, the date, it has a stopwatch, it can tell you the date--the watch knows which months have 28,30,31 days and it also accounts for leap years, the watch has phases of the moon---and many more features/complications.  This might not sound impressive until one realizes that all of this is done with moving parts/wheels and gears. There is no circuitry or electronics in this watch.  I posted this video in the watch thread--but figured it might make sense to post it here for those of which don't go into that thread.  Its about 10 minutes long.  

https://www.youtube.com/watch?v=yIXPplShtg0

 
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rockaction

Footballguy
Cool. Awesome info, jvdesigns2002. And a good argument. My little interlude upthread was hopefully respectful of men who want to procure things like this. It's just not for me. I'm not a big face watch and suit kind of guy, though like I said, as stand-alone pieces of jewelry, they're impressive in form and function.  

 

DA RAIDERS

willy t flyers
jvdesigns2002 said:
If it has been sitting stagnant for several years--do not wind it--as the watch is probably dry inside and running it while it's not properly lubcriated could put some major wear on the parts.   If it was serviced in the last year or two--then winding/using it isn't a bad idea.   If it has been several years since it has last been serviced--you'll want to find a watchmaker that is trustworthy and is familiar with working on vintage Rolex's.   If you decide to send it in to Rolex directly--make sure to tell them not to do any modifications to the hands/dial and not to polish the exterior.   Sounds like an awesome watch that you have. 
thanks for the info.  where are you at? i've never trusted anyone with this watch, other than rolex.

 

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