Quote:
Originally Posted by pfg1
Do you buy new or gently used PPs?
On flipping and resales, how much of a cash or percentage "hit" do you take?
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I buy new from AD only, 1 time I got got a used watch on a trade : worst mistake ever.
As far resale it depends, the best resale I ever got was when I bought a brand new rolex sub no date non-ceramic form the AD for 5k, I use the watch for 1 year and sold it for 5k.
Like a year and a half a go I post a thread of called from 20 to 10 watches and disclosed some info, a friend posted this table of the watches I sold then
jorgeTABLE.jpg
With Patek is not the same, I would say can sell it at Retail - 23% (of course it depends on the model), so it boils down to how good was your discount.
I hope it helps