Watch
\n dealing is a bit like politics. You make a promise two days before
\nelection day, then a month later, dementia kicks in. Which is kind of
\nexpected, \u00a0except that once dementia sets in, you probably shouldn’t be
\nmaking any more promises.<\/p>\n
Watch dealers change their minds twice a day. Some stock moves fast,
\nwhile other pieces just sit there. Do you discount them? Or sit tight
\nand wait for a sunny day?<\/p>\n
In our case, the question is: Do we buy more Omega and Cartier, or do we get rid of Rolex altogether?<\/p>\n
Strange, you may think. Why Rolex? The best-selling Swiss brand? The most desirable of them all?<\/p>\n
The truth is, I really don’t mind Rolex. But I absolutely hate flippers.<\/p>\n
If you’re new to all this second-hand mambo jumbo, flippers are strange
\ncharacters who somehow manage to jump the queue and buy brand-new Rolex
\nwatches at retail price. Then, the very same day, they frantically call
\ndealers, inviting them to bid on those unused, brand-new-looking
\nwatches.<\/p>\n
The expectation? A 30%, 50%, or even 100% profit, depending on the model.<\/p>\n
And for the past few months, the flippers have been working overtime. Not just persistent, but downright aggressive.<\/p>\n
The typical answer – “Sorry, I’m not a watch collector, just a dealer”
\n\u00a0no longer cuts it. To them, anything short of “I’ll take it” is simply
\nan insult.<\/p>\n
It is getting hot. Uncomfortably hot. Sweaty hot. Ridiculously hot. Unsustainably hot.<\/p>\n
I’m out; at least until things return to normal. <\/strong>Until
\nRolex increases production. Until the shops are properly stocked. Until
\nevery Rolex customer can buy whatever they want, when they want it, with
\n no delays and no waiting lists.<\/p>\nUntil customers are once again treated with the respect, care, and dignity they deserve. It is a promise.<\/p>\n
Will that day ever come?<\/p>\n
Only time itself will tell.<\/p>\n
Rather than writing a lengthy essay on the subject, the short video
\nbelow provides eight reasons why the time has come for me to say: I’m
\ndone. I’m out.<\/p>\n
For your enjoyment: https:\/\/youtu.be\/dU9n3NaNDJc?<\/a>\n <\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"Watch dealing is a bit like politics. You make a promise two days before election day, then a month later, dementia kicks in. Which is kind of expected, \u00a0except that once dementia sets in, you probably shouldn’t be making any more promises. Watch dealers change their minds twice a day. Some stock moves fast, while […]<\/p>\n","protected":false},"author":1,"featured_media":356150,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[101923,177381,135352],"tags":[1527,2987],"dealstore":[],"offerexpiration":[],"class_list":["post-356149","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nicholas-hacko","category-sydney","category-watchmaker","tag-rolex","tag-sell"],"yoast_head":"\n
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