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re: Whats the point of buying a Rolex?
Posted on 5/11/19 at 4:49 pm to DrunkerThanThou
Posted on 5/11/19 at 4:49 pm to DrunkerThanThou
quote:
Men pass down watches to their sons. It’s an heirloom
That is the subject of the long-running Patek campaign.
0
Posted on 5/11/19 at 4:59 pm to WaydownSouth
Because your mom takes a knee for one
Posted on 5/11/19 at 7:46 pm to reb13
quote:
But if you’re buying watches for an investment
For my purposes, when I speak of a wristwatch as a portfolio piece, I don't mean as something I plan to buy and sell as I would a security, but rather an article to have and enjoy and that based on my knowledge of wrist watches over 30 some years of dabbling and more, will actually accumulate in value.
That has been my experience with a number of pieces that I own, some for a long time, some for not so long of a time, but do not plan on selling, but rather passing down. That being said, I know that they do have real value, and that if I wanted to, I could easily find a buyer to turn them back into cash and unless something changes markedly, more than I paid for them.
I think one of the ways Rolex is able to achieve this is that they evolve rather slowly, and despite marked improvements over time, their watches continue have an unbroken link to their heritage.
Posted on 5/11/19 at 7:53 pm to WaydownSouth
I bought one at the Bazarre in Afghanistan for 25.00 and still works after14 Year’s.
Posted on 5/11/19 at 8:01 pm to Packer
tGOAT
Posted on 5/11/19 at 9:12 pm to WaydownSouth
As far as Rolex watches I have 9.
Won them for being top in dealer sales for a outdoor power mfg.
Only time I wore them was at the awards banquet on the trip they would send top dealers on.
Won them for being top in dealer sales for a outdoor power mfg.
Only time I wore them was at the awards banquet on the trip they would send top dealers on.
Posted on 5/11/19 at 10:26 pm to WaydownSouth
Jesus, this thread is still going?
A small percentage of people buy a Rolex because they understand the history and craftsmanship and don’t mind paying the luxury tax required to get one.
The overwhelming majority buy Rolex because they don’t know frick about wristwatches but want to make a safe decision that is beyond reproach.
Personally, in that price range, I’d take JLC over Rolex every day and twice on Sunday.
A small percentage of people buy a Rolex because they understand the history and craftsmanship and don’t mind paying the luxury tax required to get one.
The overwhelming majority buy Rolex because they don’t know frick about wristwatches but want to make a safe decision that is beyond reproach.
Personally, in that price range, I’d take JLC over Rolex every day and twice on Sunday.
Posted on 5/11/19 at 11:34 pm to Joshjrn
quote:
understand the history and craftsmanship
That's only half true today. They are mass produced luxury items that see very little human involment outside of QC. Very good QC, but robots do almost everything. If you wanted a truly hand-crafted watch, you'll be spending well beyond anything Rolex charges and from names only a small percentage of watch geeks would know.
Posted on 5/11/19 at 11:37 pm to Clames
quote:
That's only half true today. They are mass produced luxury items that see very little human involment outside of QC. Very good QC, but robots do almost everything. If you wanted a truly hand-crafted watch, you'll be spending well beyond anything Rolex charges and from names only a small percentage of watch geeks would know.
I didn’t mean to imply that Rolex production wasn’t automated. It certainly is, which is why they can churn out a bazillion watches a year.
With that said, I’m not sure one could claim to be a watch geek and not know the Dufours, et al, of the world
Posted on 5/11/19 at 11:59 pm to Clames
quote:
They are mass produced luxury items that see very little human involment outside of QC. Very good QC, but robots do almost everything. If you wanted a truly hand-crafted watch, you'll be spending well beyond anything Rolex charges and from names only a small percentage of watch geeks would know.
While they are a mass produced watch you are completely wrong about the amount of human involvement, but it is a pretty widely held belief.
As for parts they are all machine made but outside of commission pieces from the likes of Roger Smith or Phillipe Dufour you will have mainly machine made parts in your watch.
Rolex along with most every mechanical watch brand's movements are hand assembled. Only the Swatch Group has the technology to assemble a movement completely by machine and then only their Sistem51 which was designed ground up for that very purpose.
Mechanical watches are still a product that even at the lowest level still require significant human involvement for assembly.
Posted on 5/12/19 at 12:03 am to WaydownSouth
Meh, who needs that when you can just get an iPhone 10
Posted on 5/12/19 at 12:11 am to Obtuse1
quote:
While they are a mass produced watch you are completely wrong about the amount of human involvement, but it is a pretty widely held belief.
Assembly is not the same as making. I'm sorry but I know a very good Rolex repair guy who taught himself how to disassemble and reassemble his Rolex in his hospital bed. Most of my collection is mechanical, even my daily beater Seiko.
Posted on 5/12/19 at 12:40 am to Clames
quote:
Assembly is not the same as making.
Here is your statement:
quote:
They are mass produced luxury items that see very little human involment outside of QC. Very good QC, but robots do almost everything
Are you still suggesting it is accurate?
quote:
I'm sorry but I know a very good Rolex repair guy who taught himself how to disassemble and reassemble his Rolex in his hospital bed.
What does that have to do with the price of tea in China? I can take apart and reassemble a Rolex 3155 in about four hours but I can't do while in the bed.
quote:
Most of my collection is mechanical, even my daily beater Seiko.
All 63 of my watches are mechanical and every one of them was assembled by hand, so was you daily Seiko.
Posted on 5/12/19 at 1:08 am to Obtuse1
Jesus obtuse that is >$1 million dollars in watches
Posted on 5/12/19 at 1:26 am to Obtuse1
quote:
Are you still suggesting it is accurate?
Accurate enough and will only become more so as time goes on. I'm very much aware how the watches are assembled, surgeons using Da Vinci machines are still surgeons but the "hands on" part is a tenuous distinction.
Posted on 5/12/19 at 2:12 am to Clames
quote:
Accurate enough and will only become more so as time goes on. I'm very much aware how the watches are assembled, surgeons using Da Vinci machines are still surgeons but the "hands on" part is a tenuous distinction.
I don't know why you want to die on this hill.
There are no robots involved in the assembly of the watches. At Rolex, they are assembled by a human with nothing more than a stereo microscope, a couple of push sticks, a selection of tweezers, a few oilers, mechanical presses, and alignment tools. While some of the tools are movement and case-specific they really aren't very different from the tools you would find in any independent watchmakers tool bench or even a hobby watchmaker. I probably have a low tech and much cheaper version of everything they use.
Rolex will be one of the last to switch to mechanical means of assembly if ever since they are essentially a charity task with the betterment of the Cantons and the watchmakers in those Cantons.
Posted on 5/12/19 at 10:34 am to Obtuse1
quote:
Da Vinci machines are still surgeons but the "hands on" part is a tenuous distinction
I can tell you that as a da Vinci surgeon with many hundreds of cases on my list, that a da Vinci "robot" is simply a very complex instrument set. The surgeon is still very much the rate limiting factor in that equation. A poor surgeon performing a surgery using a da Vinci system is still very much a poor surgeon and perhaps even worse of one.
quote:
since they are essentially a charity task with the betterment of the Cantons and the watchmakers in those Cantons.
Yep, its funny how long it takes many people that are interested in watches to realize this fact. The company is the absolute cornerstone of the mechanical watch industry.
Posted on 5/12/19 at 11:35 am to johnnyrocket
quote:
Won them for being top in dealer sales for a outdoor power mfg.
Only time I wore them was at the awards banquet on the trip they would send top dealers on.
I've won three for sales performance- a Datejust (gave to my brother), a gold & stainless Yachtmaster w/blue face and a stainless Submariner Date. The Sub I wear daily and I only wear my Yachtmaster to the national sales meeting. Beautiful watch but for me a little too blingy to me. The company no longer gives out Rolexes but the awards trips are much better!
This post was edited on 5/12/19 at 11:38 am
Posted on 5/12/19 at 12:50 pm to wheelr
quote:
currently rock a Timex Weekender and have a microbrand watch on the way. The brand won't be recognizable to almost anyone but I love the features it offered at the particular pricepoint vs some larger names.
I have a stainless Submariner that bought for about $700 at a base PX in the 70s. It was just a standard piece of gear for military aviators, divers, etc. back then. it has been in a drawer for about 40 years now, my kids can have it when Im gone. I like Timex and have several and also some Casios. To me a watch is a tool for keeping track of time nothing more, and any 25 dollar watch does it better than a Rolex.
Posted on 5/12/19 at 2:07 pm to EA6B
quote:
I have a stainless Submariner that bought for about $700 at a base PX in the 70s.
Just out of curiosity, does it have a date or no, does it have a line of red text on the dial and do you know if its an acrylic or sapphire crystal? You could very well have something special on your hands.
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