Used Rolex Watches: San Francisco Gem Specialist says "No Way" to Survey Report in 'USA Today'- Wristwatches Will Not Take Back Se
San Francisco, CA (PRWEB) November 16, 2006 -- "Don't count out used Rolex watches and other collectible timepieces," says San Francisco timepiece expert Avi Dayan, about the findings in a survey recently published in "USA Today." PDAs, cell phones and computers "will not be taking the place of collectible mechanical wristwatches as the new timepieces of choice, says Dayan. Hundreds of thousands of Americans value the artistry in these timepieces and in fact, prices for these wristwatches have never been higher."
According to New York-based Simmons Market Research Bureau - a company that measures consumer buying habits - sales on wristwatches have dropped as much as 34% since 2000. Last month, "USA Today" published an article about the survey's findings written by Maria Puentes, in which the reporter posed the question: "Who needs a watch with a cell phone and a Blackberry at hand?"
Dayan's answer? "Plenty of people do. This line of thinking is nonsense - when it comes to the Rolex watch industry," he says. "This is like saying the Rolls Royce and Ferrari dealers are going out of business because a new public transit system has come to town."
The Israeli Gemological Institute scholar, an international authority on collectible used Rolex watches, says, "the pollsters would have different statistics to report if they had queried the thousands upon thousands of Rolex collectors in the United States and around the world who value the wristwatches so much many wait as long as six or seven years for the opportunity to own limited edition models such as the Rolex Daytona."
The San Francisco jeweler says the slump in watch sales doesn't apply to collectors who specialize in high-end timepieces. "These people don't wear watches just to tell time," says Dayan. "If all they wanted to do was accurately track the passage of time, then high-tech devices like cell phones and PDAs - or even a simple Timex purchased at the drug store - would do a splendid job. They want high-end collectible wristwatches that reveal their personalities - and yes, their success and station in life. Knowing the exact time of day, as reported by some sort of computer, cannot accomplish that goal."
Dayan says people who appreciate used Rolex watches would never permit new technology to come between them and the social and emotional benefits they derive from wearing a fine wristwatch. They understand that watches "aren't just for telling time."
The San Francisco expert on used Rolex watches makes a prediction about the free-wheeling high-tech time-tellers of today: "That 25-year-old guy who tells time today with his cell phone may also be the guy, who 15 years down the road will wear nothing but a collectible used Rolex. Success breeds an appreciation for fine things, and that includes investment timepieces, which are really works of art."
Avi Dayan has owned San Francisco-based A & E Watches for 16 years. He is a graduate of the Israeli Gemological Institute and a member of the National Association of Watch and Clock Collectors and the International Watch and Jewelry Guild. For more information about collectible used Rolex watches, contact him at (415) 437-3263 or visit the company website at www.aandewatches.com.
Focus: San Francisco used Rolex watches
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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
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