WatchUSeek Watch Forums banner

The weird and wacky world of Rolex bracelet swaps

14K views 69 replies 33 participants last post by  InitialAndPitch  
#1 ·
I dropped into a Rolex dealer today and on the way out the door I asked about buying an Oyster bracelet for my GMT.

He said yes, we can technically do that but you’ll need to buy the Oyster bracelet at retail - around $2700 AND surrender the original jubilee bracelet to Rolex with no compensation.

So calling it a “swap” would be an exceptionally generous term. The guy conceded that it was pretty odd and that my reaction was typical. He said it is “a very Swiss thing to do” and that he suspects the bracelet swap would be noted against the serial number. Rolex just keeps getting weirder and weirder.

I think that the only way to go would be to pay $3000 through a grey dealer if your heart was set on doing it but I think I’ll sit tight with the Jubilee.

Anybody else heard anything different?
 
#6 ·
I was told the same thing by my AD. We were having a conversation about the general Rolex madness and that was one of the better stories. I also know a jeweller (non AD) that sent a GMT master in for a service and they wanted to replace the bezel as it was faded etc. He asked if he could keep the bezel and they obviously said no. So he said "look, do I really need to ask you to return the watch to me, I remove the bezel and THEN send it back to you for a service. The watch is in your workshop now? Cant you just service it and let me have the bezel. Its pointless in you returning it to me for a round trip as I will just have to send it in again minus the bezel". They wouldnt budge so he had to go through all the hassle of waiting for it to be returned and removing the bezel himself. He then sent it in saying he had dropped it and broken the bezel?

I appreciate they need to control their parts etc but holding onto and presumably destroying an old bezel when its clear the customer owns that particular watch is a step too far.
 
#10 ·
I can only guess that they want to prevent reselling. I get that but they could still achieve this by doing a part swap. The idea of getting nothing for a perfectly good Jubilee is nuts.
 
  • Like
Reactions: sorinp1
#12 ·
Was it always like that? Or is this a more recent Rolex policy?

Just curious as when I inherited my f-i-l's mid-80s Datejust it came with two jubilee bracelets (both stretched out pretty bad). And I know for a fact that he would have never purchased anything from a "gray" site.

At some point, probably in the 90s, he was able to buy a new jubilee without having to surrender his original one.
 
#14 ·
Back when watches sat in display cases unsold, perhaps they sold them back then but I’d be surprised.

On the GMT, the choice of jubilee or oyster is about a year old. Assuming you can get one, you can specify the bracelet.
 
#15 ·
“a very Swiss thing to do”
LOL that's one way to say it... sounds more like a very Rolex thing to do.

Giving them your old bracelet AND $2700 to get another bracelet doesn't sound like a good deal to me. I could understand one or the other but not both.
 
#17 ·
It is a very 'Swiss' thing to do, as a once-frequent visitor that astonishingly beautiful country I can affirm to their oddness. You can go to Lake Geneva and order a drink in a café and they will happily argue that your request isn't 'authentic' (i.e. the way it is on the menu) and refuse to serve you.

I think some Rolex 'fans' are beginning to think the Rolex service model (part BDSM-style humilitation / part Japanese tea ceremony cosplay) is all part of the game and unique ownership experience.

My Rolex is going to a very respected indie watchmaker for service, I wouldn't trust the UK service centre with a nearly 20 year old watch nowadays. Nor will I be told what I can or can't do with my own property.
 
#22 ·
The thing is, up until very recently, the generation Rolex was servicing was almost entirely boomer/ gen X.

This points to a fundamental shift that is taking place in the overall public consumer psyche, and I think Rolex is failing in a serious way in recognizing this and pivoting to their next generation of customers, which imo are going to be the wealthy millennials and youtubers/crypto/silicon valley types.

If they didn't have the false veil of closing down for Covid none of this would even be happening.

We are in the throes of an era which is marked by the death of "legacy systems".

A lot of Dinosaur systems which we have been used to for our entire lives and even our parents' lives are dissolving at a rapid pace.

I think the disconnect and contention with the Rolex market is a microcosm for a lot of other things going on in our world today.
 
#18 ·
I just hope the "Right to Repair" movement continues to move ahead with gusto, as it has been in the US and EU. If I buy something from you, it is mine, I own it. I should be able to buy parts, that I would also then own, as needed to repair and maintain the purchased item. Especially wear items like bracelets, clasps, bezels, pushers, crowns, etc.
 
#25 ·
I totally understand their policy to protect the brand. They can make a quick buck here and there, catering to current demands, selling bracelets, giving back all the replaced parts, etc. But the counterfeit, and franken watches will hurt the brand and Rolex has zero tolerance, or else they wouldn't be what they are right now. A vintage Rolex with all original parts wouldn't be so valuable if all the original parts were so easily available from Rolex, right?
 
#28 ·
Giving back replaced parts should be expected of ANY after-market service. They're my parts. I already paid for them.

Keeping vintage watches expensive is not my concern, nor should it be theirs really.
 
#33 ·
This has always been something that annoyed me with Rolex. Bring watch to RSC, they keep your old parts in "exchange" and charge you $$$ for the new bits. I always thought it was to keep these older parts off the market and prevent frankenrolex models or real parts mixed with fakes.

A well-known ,(Independent) Rolex service near me won't even take in a Rolex with an Everest strap. They are very strict and afraid of Rolex finding out so I would have to remove any aftermarket strap and bring them the Head only.
 
#51 · (Edited)
Yeah, I’m about done tolerating Rolex’s preciousness.

You want the bracelet? Buy it. In cash. Make sure that at the actual point of sale, your original bracelet is attached to the watch. Ask to inspect the new bracelet before it is installed. And then walk out of the store with both bracelets.

Rolex has ZERO legal standing here without a veritable mountain of paperwork for you to sign, and I would almost guarantee that they are too arrogant to actually have that paperwork- relying instead on people’s continual suffering of their preciousness.

Essentially they are asking you to give up something you own in order to buy something else... something which, by law, becomes your property the moment money is exchanged, because this is not a trade-in situation… insomuch as no credit or even valuation has been affixed to the old bracelet. Legally, it’s two separate transactions “Give us money for this new bracelet” which is legally enforceable, and “give us your old bracelet”, which, having no valued or monetary involvement with the first transaction, is not legally enforceable.

I’m not saying that no legal ways for retailers to do what they are doing exist; limited-number exotic cars are often sold with similarly unusual purchase agreements. But again, it’s a tricky point of sale, particularly in the United States, and without the necessary pages of boilerplate acrobatics, completely unenforceable. And again, I’d be shocked if Rolex has bothered to have their legal department put together the paperwork or apprised their dealer network of how to implement it.

The AD will definitely try to reverse the sale, hence the cash payment. You can refuse a return, and they won’t be able to force one by refunding a credit card.

My advice is to go in there with the intention of f__king Rolex on this. It’s about time people started pushing back.
 
#53 · (Edited)
What are you getting worked up about? Respectfully, you are incorrect on both accounts.

1. You don’t have to give up your bracelet to buy a second one.
2. You can have your dials and bezel inserts back. If you don’t want them back they give you a discount. The discount price is the offered price at the time of the service. You have to tell them if you want the parts back, then you don’t get the discount.

Again, it seems like some ADs don’t get this concept.