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Strange Rolex Facts. . . Hit me. . .
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Author:  breanach78 [ Thu Dec 20, 2012 12:05 pm ]
Post subject:  Strange Rolex Facts. . . Hit me. . .

I ll start.

Founded in London, in 1905.

Author:  NoahKnight [ Sat Dec 22, 2012 12:15 pm ]
Post subject:  Re: Strange Rolex Facts. . . Hit me. . .

Rolex has over 1000 horological patents.

Author:  boogiebot [ Wed Jan 02, 2013 10:36 pm ]
Post subject:  Re: Strange Rolex Facts. . . Hit me. . .

you almost never lose money selling your rolex used

Author:  sco [ Thu Jan 03, 2013 8:12 am ]
Post subject:  Re: Strange Rolex Facts. . . Hit me. . .

boogiebot wrote:
you almost never lose money selling your rolex used



Is that really true?? That seems like a pretty bold statement.

Author:  SLRdude [ Thu Jan 03, 2013 8:16 am ]
Post subject:  Re: Strange Rolex Facts. . . Hit me. . .

boogiebot wrote:
you almost never lose money selling your rolex used


Well... if you buy new, with VERY few exceptions, you will always lose money on it if you flip it.
If you buy used and you do your homework you will break even for the most part or even gain some if you buy the right thing at the right price.

Like anything else, if you know the market and know your product, you can enjoy one for years and let it go without any real loss or even a possible gain.

Author:  boogiebot [ Sat Jan 05, 2013 10:38 pm ]
Post subject:  Re: Strange Rolex Facts. . . Hit me. . .

sco wrote:
boogiebot wrote:
you almost never lose money selling your rolex used



Is that really true?? That seems like a pretty bold statement.



sorry i should have been more specific. if you have a good relationship with your AD you can usually get a new Rolex for pretty close to what a similar model used would sell for maybe a few hundred dollars more. for example I purchased my 116610 LN for 7100 dollars. if i went to sell it tomorrow i could probably get 7100 dollars. add in all the price increases and in the next 2-3 years i might even make a hundred or 2.

Author:  jnelson3097 [ Sun Jan 06, 2013 1:41 pm ]
Post subject:  Re: Strange Rolex Facts. . . Hit me. . .

sco wrote:
boogiebot wrote:
you almost never lose money selling your rolex used



Is that really true?? That seems like a pretty bold statement.


It's basically true for all the SS sport models.

Author:  akguppy [ Mon Feb 18, 2013 9:29 pm ]
Post subject:  Re: Strange Rolex Facts. . . Hit me. . .

The most counterfeited watch on earth. :)

Author:  BroncoSport [ Tue Feb 19, 2013 12:04 pm ]
Post subject:  Re: Strange Rolex Facts. . . Hit me. . .

99% of the general public believe Rolex is the best and most expensive watch made.

Author:  Chronomat01LE [ Tue Feb 19, 2013 7:45 pm ]
Post subject:  Re: Strange Rolex Facts. . . Hit me. . .

Outdated and old fashioned designs, but many refer that as timeless...

Author:  boogiebot [ Wed Feb 20, 2013 5:54 pm ]
Post subject:  Re: Strange Rolex Facts. . . Hit me. . .

Chronomat01LE wrote:
Outdated and old fashioned designs, but many refer that as timeless...


Hahahha I don't know if that's considered a strange Rolex fact.

I think most would agree that the sub and DJ have stood the test of time. There is a reason call these classics because they make sense bak when they were first introduced and thy make sense today.

If I were a gambling man I would wager money that the sub 50 years from today will still have similar style and mass appeal, I don't think the same could be said about a chronomat 01 LE

Author:  AZPete [ Wed Feb 20, 2013 10:58 pm ]
Post subject:  Re: Strange Rolex Facts. . . Hit me. . .

I love my 116610LN. great investment. Very respected and recognized brand. And as stated the annual price increases and lack of AD price reductions in most cases assures their value. I bought mine for $7500 when MSRP was $8000. It's now at $8500 and unchanged in its design. It only took about 50 years for them to mess with it.

Image

Author:  Chronomat01LE [ Thu Feb 21, 2013 6:48 am ]
Post subject:  Re: Strange Rolex Facts. . . Hit me. . .

boogiebot wrote:
Chronomat01LE wrote:
Outdated and old fashioned designs, but many refer that as timeless...


Hahahha I don't know if that's considered a strange Rolex fact.

I think most would agree that the sub and DJ have stood the test of time. There is a reason call these classics because they make sense bak when they were first introduced and thy make sense today.

If I were a gambling man I would wager money that the sub 50 years from today will still have similar style and mass appeal, I don't think the same could be said about a chronomat 01 LE


We all have our own opinions and I am never a gambling man :lol: , My comment doesn't conclude that Sub C is lousy, neither your comment concludes that Chronomat 01 will go out of style. Even if it does it doesn't matter to me because I don't need a watch that is liked by anyone else other than myself. It will be important to get a watch with mass appeal if you have the intention of flipping it after sometime, but IMO it's stupid to buy a watch for investment. Of course many like to change watches every now and then to experience wearing different watches so that's fine. I bought B01 despite many criticisms on it because I know that it's the one that I will never get tired of. I would have bought it even if the logo on it was not Breitling, of course the fact that it's Breitling assures me of it's quality. So I conclude the watch to be timeless, and I don't need the mass to conclude that. I can't say for the mass but IMO whether B01 can stand the test of time will depends on what Breitling does in the coming years, decade and even century to create that heritage that makes the mass attracted to it. It's all about marketing, which Rolex has been very successful with...speaking solely of design, Sub C is a just a safe and average watch in my opinion. It has been proven because there are many similar designs but are not popular. You can even find a $30+ quartz casio watch with exactly the same design, except that the logo on it is Casio and not Rolex. My dad has one that he bought 30 over years ago and it's now still running good, more accurate than any brand new automatic watch. Even for automatic watches there are still many similar Sub C designs that equals in quality but with a much lower pricing. Many People buy it simply because of the prestige that it's recognised by the mass and the value it holds, of course for people in the know they buy it also because of the heritage. If the brand on the watch had not been Rolex, if the value of it would depreciate like what other brands do and the design had not been similar after so many years, I don't think many will find that appealing just simply base on design. Well it is safe, but average IMO, many watches have similar designs as Rolex, not just Sub C but many of it's models. That's why I said strange, but it is understood that it is a marketing magic of Rolex. Many brands also knows this magic. Chanel is a good example, every stone you throw on the street, you hit someone who owns a Chanel Classic bag, even though it is expensive, I don't think it's because they love the design of the bag so much that they don't mind paying thousands for it(of course some still do), but it's simply because of the prestige, the history behind it, the unchanged design for many years and the increasing price that makes people think that it's an investment to get the bag as soon as they can afford. Many people like the prestige of owning the brand first, before they self convince themselves to like the designs. Well it happens to many of my collegues who wear Rolex. The moment they see someone else wearing watches from other brands, they start questioning why they didn't go for Rolex instead, and when they are in turn asked why go for Rolex, they say, "it's prestigous and recognized", without realizing that the person is wearing a brand of higher end. To summarize, some buy watches like collectibles and arts where they look at many factors when choosing one(heritage, future value, etc), some buy with the hope of being "recognized by the mass" but for some including myself, I simply buy watches that I personally don't get tired of and suitable for my lifestyle. I might also look at those factors that many people in the know look at(eg, heritage,value,etc) but those are secondary to me. I would have gotten a cheap quartz watch if I was able to find one that has such a beautiful dial as the B01, but I couldn't and I intend to pass it down to my descendents anyway like a family heirloom so that's why I went for an automatic watch. I know many will disagree with me because there many Sub C and Rolex owners here. But as I have mentioned, people decide base on different factors when buying watches, my comment doesn't apply to all, but at least to 99% of the Rolex Owners that I have seen. Whether my opinion or mass opinion doesn't conclude what is right, but we are all just voicing our opinions here. No hard feelings if you are a Rolex owner, because I am one of the minority who doesn't like so you can be assured that the mass will be on your side, if you are concerned :nana:

Author:  FULL_LING2012 [ Thu Feb 21, 2013 11:30 am ]
Post subject:  Re: Strange Rolex Facts. . . Hit me. . .

Chronomat01LE wrote:
boogiebot wrote:
Chronomat01LE wrote:
Outdated and old fashioned designs, but many refer that as timeless...


Hahahha I don't know if that's considered a strange Rolex fact.

I think most would agree that the sub and DJ have stood the test of time. There is a reason call these classics because they make sense bak when they were first introduced and thy make sense today.

If I were a gambling man I would wager money that the sub 50 years from today will still have similar style and mass appeal, I don't think the same could be said about a chronomat 01 LE


We all have our own opinions and I am never a gambling man :lol: , My comment doesn't conclude that Sub C is lousy, neither your comment concludes that Chronomat 01 will go out of style. Even if it does it doesn't matter to me because I don't need a watch that is liked by anyone else other than myself. It will be important to get a watch with mass appeal if you have the intention of flipping it after sometime, but IMO it's stupid to buy a watch for investment. Of course many like to change watches every now and then to experience wearing different watches so that's fine. I bought B01 despite many criticisms on it because I know that it's the one that I will never get tired of. I would have bought it even if the logo on it was not Breitling, of course the fact that it's Breitling assures me of it's quality. So I conclude the watch to be timeless, and I don't need the mass to conclude that. I can't say for the mass but IMO whether B01 can stand the test of time will depends on what Breitling does in the coming years, decade and even century to create that heritage that makes the mass attracted to it. It's all about marketing, which Rolex has been very successful with...speaking solely of design, Sub C is a just a safe and average watch in my opinion. It has been proven because there are many similar designs but are not popular. You can even find a $30+ quartz casio watch with exactly the same design, except that the logo on it is Casio and not Rolex. My dad has one that he bought 30 over years ago and it's now still running good, more accurate than any brand new automatic watch. Even for automatic watches there are still many similar Sub C designs that equals in quality but with a much lower pricing. Many People buy it simply because of the prestige that it's recognised by the mass and the value it holds, of course for people in the know they buy it also because of the heritage. If the brand on the watch had not been Rolex, if the value of it would depreciate like what other brands do and the design had not been similar after so many years, I don't think many will find that appealing just simply base on design. Well it is safe, but average IMO, many watches have similar designs as Rolex, not just Sub C but many of it's models. That's why I said strange, but it is understood that it is a marketing magic of Rolex. Many brands also knows this magic. Chanel is a good example, every stone you throw on the street, you hit someone who owns a Chanel Classic bag, even though it is expensive, I don't think it's because they love the design of the bag so much that they don't mind paying thousands for it(of course some still do), but it's simply because of the prestige, the history behind it, the unchanged design for many years and the increasing price that makes people think that it's an investment to get the bag as soon as they can afford. Many people like the prestige of owning the brand first, before they self convince themselves to like the designs. Well it happens to many of my collegues who wear Rolex. The moment they see someone else wearing watches from other brands, they start questioning why they didn't go for Rolex instead, and when they are in turn asked why go for Rolex, they say, "it's prestigous and recognized", without realizing that the person is wearing a brand of higher end. To summarize, some buy watches like collectibles and arts where they look at many factors when choosing one(heritage, future value, etc), some buy with the hope of being "recognized by the mass" but for some including myself, I simply buy watches that I personally don't get tired of and suitable for my lifestyle. I might also look at those factors that many people in the know look at(eg, heritage,value,etc) but those are secondary to me. I would have gotten a cheap quartz watch if I was able to find one that has such a beautiful dial as the B01, but I couldn't and I intend to pass it down to my descendents anyway like a family heirloom so that's why I went for an automatic watch. I know many will disagree with me because there many Sub C and Rolex owners here. But as I have mentioned, people decide base on different factors when buying watches, my comment doesn't apply to all, but at least to 99% of the Rolex Owners that I have seen. Whether my opinion or mass opinion doesn't conclude what is right, but we are all just voicing our opinions here. No hard feelings if you are a Rolex owner, because I am one of the minority who doesn't like so you can be assured that the mass will be on your side, if you are concerned :nana:


I couldn't agree more. Rolex makes over a million watches a year, where breitling only makes about 100,000. IMO it's more appealing to own something more exclusive. Why buy a watch that's pumped out on a asembly line of robots. When for about the same price, maybe even a bit less you can own a work of art at was made with care. I love that people notice my watch, but than ask what it is.

Author:  jnelson3097 [ Thu Feb 21, 2013 7:24 pm ]
Post subject:  Re: Strange Rolex Facts. . . Hit me. . .

Wow, longest paragraph ever. Owning both a B01 and a Sub, the Sub still gets the nod the majority of the time over the B01. The Sub is the perfect watch in my opinion an if I ever had to be down to one watch, it's an easy choice.

Image

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