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Dino944

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Curious, auction houses aside (and C24), what site/s is/are actually a good place to buy and sell?
I don't sell very often, mostly purchase new piece and keep what I have. Last piece I sold I did a bit of research just to see asking prices, talked to some friends about Chrono24, and then decided it was easier and quicker to sell it to a respected shop that deals in used watches. Might have gotten a little more selling on my own, but I was happy enough with the deal, no tire kicker questions, low ball offers, or issues as to whether the payment will be good or not. Also, don't have someone saying oh, its not what I thought, or worse they drop it, complain its not running or has a dent that wasn't described and want their money back.

I've heard there are some site now that act as a middle man, holding payment in escrow until the buyer is satisfied the item is real or something to that effect. Don't know anything about them or anyone who has used them.


true, you are really buying the buyer (trustworthy etc) and of course most prices are slightly inflated by the sellers... "flipping the deepseas" was also not a comment I put too much thought in... maybe I was wrong and it's not really an option...
Yea, prices are always inflated as sellers probably build some negotiating room into their pricing. I'm not saying one couldn't flip a Deep-Sea and maybe make some money. Just not sure one would make enough to make it worth while. On watches that are less in demand, there is less profit to be made flipping so one probably maximizes profit selling it privately yourself...but there are risks in dealing with unknown buyers.
 

earthdragon

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I don't understand why you wouldn't just buy from a grey dealer, or buy vintage or used from a reputable dealer. That way, you end up with the watch you want, rather than a lot more watches that you don't want, no guarantee that you'll get what you want, and in the end, you'll end up spending a lot more money.

Right now, you are 100% being taken for a whale.
Not at all. I wanted the Air King and the Sub - just not interested in the Deep Sea.
No interest in (or cash) to spare on Grey Market either...
Happy to wait it out, if and when what i want turns up at list price....
 

jischwar

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The solution is to go for the less-loved pieces. I find the Yachtmaster as attractive as the Hulk/Pepsi/Batman, and there is no difficulty in getting one. Even cheaper if you go for the five-digit reference on the pre-owned market.
Huge fan of the Yachtmaster
 

LA Guy

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Not at all. I wanted the Air King and the Sub - just not interested in the Deep Sea.
No interest in (or cash) to spare on Grey Market either...
Happy to wait it out, if and when what i want turns up at list price....
Ah, sorry, I misread your post. Still, that wouldn’t be a retailer with whom I’d be interested in doing that much business. Anyone can treat a big client well. But one day you may need a favor, and someone who treats you this way now might not be the person who comes through in a pinch. I prefer and still patronize this place that treated me well from the onset, but that is not always an option.[/QUOTE]
 

earthdragon

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Ah, sorry, I misread your post. Still, that wouldn’t be a retailer with whom I’d be interested in doing that much business. Anyone can treat a big client well. But one day you may need a favor, and someone who treats you this way now might not be the person who comes through in a pinch. I prefer and still patronize this place that treated me well from the onset, but that is not always an option.
[/QUOTE]
I hear you Fok.
My preference is to work with a local suburban AD ( who have taken very good care of my wife over the years)..
Some of the NYC Retailers are the most level headed folks in town ( A chip on both shoulders).... just my 2 cents as a “small timer”...
 

LA Guy

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because rolex will pull their AD status if it happens to often and blatantly, they can find out because the watch is registered to a customer's name and if it then pops up on the grey market they may find out. for example patek buys back watches from the grey market. watch companies usually dont like flippers for the hard to get watches. heard it from numerous sources (including my own AD) that they have to be careful who they sell to, especially for daytonas, natilus' and aquanauts of this world.
So, Rolex is punishing the natural behavior of Supreme style hype that they are creating with their distribution strategy at the same time that they are benefiting greatly from it?

Honestly, they should just do an official Supreme collaboration. The unofficial one commanded ungodly prices already, some sold for $50K, and they must be worth even more now.
 

Ambulance Chaser

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Judging by how many new Pepsis European Watch is offering on its website, Rolex isn't doing a very good job stopping flippers . . .
 

Journeyman

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Judging by how many new Pepsis European Watch is offering on its website, Rolex isn't doing a very good job stopping flippers . . .
I just had a quick look and according to the watch details on their website, a few of the stainless steel GMT II models were purchased in March 2019. That seems like rather a coincidence, unless that was when the new ceramic bezel model was actually released.

On the European Watch website, they also have this listed:


Correct me if I'm wrong, but this basically seems to be a frankenwatch.

"Project X" took a new standard Submariner and:
- Cut off the crown guards;
- Added a larger crown.
- Polished the beveled sides of the case;
- Applied new lume to the hands and markers; and
- Added an reddish-orange triangle to the bezel.

Now if I did that, everyone would laugh at me and no-one would want to buy my watch. But somehow, strangely, it seems that people may be willing to pay $35,000 for such a watch from Project X - something like four times the recommended retail price of a regular Submariner!
 

am55

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I just had a quick look and according to the watch details on their website, a few of the stainless steel GMT II models were purchased in March 2019. That seems like rather a coincidence, unless that was when the new ceramic bezel model was actually released.

On the European Watch website, they also have this listed:


Correct me if I'm wrong, but this basically seems to be a frankenwatch.

"Project X" took a new standard Submariner and:
- Cut off the crown guards;
- Added a larger crown.
- Polished the beveled sides of the case;
- Applied new lume to the hands and markers; and
- Added an reddish-orange triangle to the bezel.

Now if I did that, everyone would laugh at me and no-one would want to buy my watch. But somehow, strangely, it seems that people may be willing to pay $35,000 for such a watch from Project X - something like four times the recommended retail price of a regular Submariner!
As with the Nigerian Prince scams, you're not the target market...
 

Thrift Vader

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Was going to PM some links to legit affordable Rolex's. but i guess @Purplelabel is not accepting pm's right now. . .
 

Dino944

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I just had a quick look and according to the watch details on their website, a few of the stainless steel GMT II models were purchased in March 2019. That seems like rather a coincidence, unless that was when the new ceramic bezel model was actually released.

On the European Watch website, they also have this listed:


Correct me if I'm wrong, but this basically seems to be a frankenwatch.

"Project X" took a new standard Submariner and:
- Cut off the crown guards;
- Added a larger crown.
- Polished the beveled sides of the case;
- Applied new lume to the hands and markers; and
- Added an reddish-orange triangle to the bezel.

Now if I did that, everyone would laugh at me and no-one would want to buy my watch. But somehow, strangely, it seems that people may be willing to pay $35,000 for such a watch from Project X - something like four times the recommended retail price of a regular Submariner!
Yes, basically a Frankenwatch. Not to mention, in the US, Rolex won't service this piece as it is. They will only service pieces with aftermarket or modded pieces, if you put it back to stock condition. So it would mean buying new bezel, dial, and hands...although they still might not touch it since the crown guards were cut off, thereby modifying the actual case.

I don't see the appeal of a piece like this, or the "Bamford" Rolexes or Pateks, but I'm clearly not their target audience.
 

Thrift Vader

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Fuck it. I appreciate watches too. so here are some of the deals i have been perusing. .
Sea Dweller. 5k.

Whoa. . what is this?? A Rolex Clock, mounted in a watch? OMFG. Want.


Done for now. can't top that one. jeeez. . :drool:

wait. This guy is an Artist.


Oh, and plenty of Oysters at BALL and Breitling prices.
 
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Thrift Vader

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Bro. stop. This is blowing my mind.
A 1915 Patek Phillipe for $3,000!
 

Dino944

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Fuck it. I appreciate watches too. so here are some of the deals i have been perusing. .
Sea Dweller. 5k.
As for the the Sea-Dweller, its either stolen pix, a modded dial, stolen, or something else...if its too good to be true it usually is. A real/legit double red Sea-Dweller, would be selling for a multiple of $5K.

That Patek is a fake or some other frankenwatch. Don't believe it's a real Patek, just because it says Patek on the dial or the back.
 
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