You know what? Waiting for the right piece really sucks :(

[Yazo]

feel like i've been waiting forever :( almost ended up going modern but held out... but the wait for the right vintage piece to pop up is incredibly painful! i'm looking for an early floating cosmo 16520 R/L serial... i see a bunch overseas but don't want to deal with us customs.

so the wait goes on... blah!

[andromeda160]

Originally Posted by Yazo

feel like i've been waiting forever :( almost ended up going modern but held out... but the wait for the right vintage piece to pop up is incredibly painful! i'm looking for an early floating cosmo 16520 R/L serial... i see a bunch overseas but don't want to deal with us customs.

so the wait goes on... blah!

Maybe it's time for a trip overseas.

[sleddog]

Originally Posted by andromeda160

Maybe it's time for a trip overseas.

/\/\

A holiday with the purchase Yaz, why not!!
Best of luck on the hunt!

[Yazo]

Originally Posted by andromeda160

Maybe it's time for a trip overseas.

Ha! That's actually not a half bad idea man... we are slated to be overseas in Jan... maybe I can plan a pit stop. Actually that's a really good idea bro... thanks for it!

Now I just have to wait until then.... if I can!

[Yazo]

Originally Posted by sleddog

/\/\

A holiday with the purchase Yaz, why not!!
Best of luck on the hunt!

Thanks my friend!

[Silvio Mosiello]

Originally Posted by Yazo

feel like i've been waiting forever :( almost ended up going modern but held out... but the wait for the right vintage piece to pop up is incredibly painful! i'm looking for an early floating cosmo 16520 R/L serial... i see a bunch overseas but don't want to deal with us customs.



so the wait goes on... blah!

Do what I do maybe, keep flipping watches that you wont lose money on while you wait!


Sent from my Motorola Razor

[johnbeth]

Originally Posted by Silvio Mosiello

Do what I do maybe, keep flipping watches that you wont lose money on while you wait!


Sent from my Motorola Razor

Flipping watches, you will loose money my friend! I do not know anyone who has made money.

[johnbeth]

Originally Posted by Yazo

feel like i've been waiting forever :( almost ended up going modern but held out... but the wait for the right vintage piece to pop up is incredibly painful! i'm looking for an early floating cosmo 16520 R/L serial... i see a bunch overseas but don't want to deal with us customs.

so the wait goes on... blah!

Best to wait, makes the purchase even sweeter!

Take a trip like everyone else said, just make the price of the trip part of the cost of the watch !

[Silvio Mosiello]

Originally Posted by johnbeth

Flipping watches, you will loose money my friend! I do not know anyone who has made money.

Sent from my Motorola Razor

[johnbeth]

Originally Posted by Silvio Mosiello

Sent from my Motorola Razor

That's a pretty immature post just because you did not like to hear anything that might contradict what you think is right.

Anyway, one day you will look back at all the so called deals ever made, and then realize that flipping is not as easy as you make it sound.

I know serial flippers, including myself and have found that it's close to impossible to break even or make a profit when the market conditions are not the best or when you are looking to dump a watch urgently because you want to buy an another watch because you are sick of the existing one.

[brandrea]

I can relate! Be patient and it will pay off. Beside the hunt is more than half the fun!

[andromeda160]

Originally Posted by johnbeth

That's a pretty immature post just because you did not like to hear anything that might contradict what you think is right.

Anyway, one day you will look back at all the so called deals ever made, and then realize that flipping is not as easy as you make it sound.

I know serial flippers, including myself and have found that it's close to impossible to break even or make a profit when the market conditions are not the best or when you are looking to dump a watch urgently because you want to buy an another watch because you are sick of the existing one.

I've flipped a few watches and profited off of EVERY ONE with the exception of one that I broke even on just because I wanted it sold in a day, and it was. I'm only a 20 year old kid, it's not rocket science. Buy low sell high. If you can't sell high enough, obviously you're not buying low enough. While I haven't flipped a significant amount of watches(1 rolex, 2 omegas and a tag heuer) the profits from those watches made it so I only have $400 in the 2 rolexes I currently own, which I should have no problem getting $2500-3000 out of. Sure I wouldn't make a living off of it. But making $3-800 off a watch while wearing it for a month or 2 is worth it to me. Of course you're going to take a hit for a quick sale. But flippers buy watches to make profit, Not necessarily because they really love the watch. Sounds like impatience is the reason you've been relatively unsuccessful. Watches are easy to sell, longest it took me to sell one was 6 weeks after I listed it on craigslist, 2 months after the initial buy, and I made $800 wearing an air king for a few months. Time wise, it really is nothing. I spent 20 minutes making my ads, usually an hour or 2 of driving total, and it's a hobby I enjoy in the first place, just makes it even better being paid to enjoy it.

[andromeda160]

Originally Posted by Yazo

Ha! That's actually not a half bad idea man... we are slated to be overseas in Jan... maybe I can plan a pit stop. Actually that's a really good idea bro... thanks for it!

Now I just have to wait until then.... if I can!

i've always wanted to pick up a Rolex on vacation, would be nice having all the memories to go along with it. that's why i'm heading to Hong Kong to buy the Rolex I want after College graduation, plus i've always wanted to visit anyway so I figure why not kill 2 birds with one stone. unfortunately I still have a few years to go

[johnbeth]

Originally Posted by andromeda160

I've flipped a few watches and profited off of EVERY ONE with the exception of one that I broke even on just because I wanted it sold in a day, and it was. I'm only a 20 year old kid, it's not rocket science. Buy low sell high. If you can't sell high enough, obviously you're not buying low enough. While I haven't flipped a significant amount of watches(1 rolex, 2 omegas and a tag heuer) the profits from those watches made it so I only have $400 in the 2 rolexes I currently own, which I should have no problem getting $2500-3000 out of. Sure I wouldn't make a living off of it. But making $3-800 off a watch while wearing it for a month or 2 is worth it to me. Of course you're going to take a hit for a quick sale. But flippers buy watches to make profit, Not necessarily because they really love the watch. Sounds like impatience is the reason you've been relatively unsuccessful. Watches are easy to sell, longest it took me to sell one was 6 weeks after I listed it on craigslist, 2 months after the initial buy, and I made $800 wearing an air king for a few months. Time wise, it really is nothing. I spent 20 minutes making my ads, usually an hour or 2 of driving total, and it's a hobby I enjoy in the first place, just makes it even better being paid to enjoy it.

Congrats on your successful flipping!

By the way, in my posts, i tried to emphasize the risks in flipping.

I know of people who have lost money, and that is what I am trying to show here. I have sold many watches and have made thousands with the SS models subs gmts etc. However, with precious metals its not as easy.

[andromeda160]

Originally Posted by johnbeth

Congrats on your successful flipping!

By the way, in my posts, i tried to emphasize the risks in flipping.

I know of people who have lost money, and that is what I am trying to show here. I have sold many watches and have made thousands with the SS models subs gmts etc. However, with precious metals its not as easy.

I'll steer clear of the Precious metals models once I get enough capital to flip them

do you flip modern or vintage? or both? also just curious if you flip more as a business,or just a watch collector who goes through alot of watches. =D

I never really thought about the risk in flipping, i'm sure you've been at it alot longer than i've even owned rolex. I flipped my first watch october of last year, so i'm relatively new to the game in that aspect, i've been watching Rolex prices since before I was even a teenager though which has helped my confidence in buying immensely. but I guess you're probably right that it's not so easy a caveman could do it, or everyone would! It's great as a hobby, but I would need some serious dough before I ever considered doing it as a business.

[johnbeth]

Originally Posted by andromeda160

I'll steer clear of the Precious metals models once I get enough capital to flip them

do you flip modern or vintage? or both? also just curious if you flip more as a business,or just a watch collector who goes through alot of watches. =D

I never really thought about the risk in flipping, i'm sure you've been at it alot longer than i've even owned rolex. I flipped my first watch october of last year, so i'm relatively new to the game in that aspect, i've been watching Rolex prices since before I was even a teenager though which has helped my confidence in buying immensely. but I guess you're probably right that it's not so easy a caveman could do it, or everyone would! It's great as a hobby, but I would need some serious dough before I ever considered doing it as a business.

I am mainly playing with modern and for myself i prefer precious modern pieces.

The biggest issue i have is the currency swings, depending where you source the watch from and then import to australia, then taxes etc. So it all adds up and will either make or break the deal. So there are many factors that need to be considered.

Anyway if I was the OP, waiting is the best policy. I waited and found my platinum DD and pounced at it!

[psv]

You mean like the 3+ years I've been searching for the right 1665?

I hear ya', bro

[Micha]

Originally Posted by Yazo

Ha! That's actually not a half bad idea man... we are slated to be overseas in Jan... maybe I can plan a pit stop. Actually that's a really good idea bro... thanks for it!

Now I just have to wait until then.... if I can!

Just make sure you DO NOT stick the box (if it comes with one) in your luggage. Mail the box.

[jyan212]

Be patient but enjoy the chase (best part IMO). It will take some time but you'll get there.

[andromeda160]

Originally Posted by Micha

Just make sure you DO NOT stick the box (if it comes with one) in your luggage. Mail the box.

Customs won't buy the "I carry my rolex box and papers with me everywhere I go" excuse? Lol

[Goula1979]

It's especially hard when you see other posters showing off the ones they just bought. I can't decide if I'm being too picky or if it will be that much more rewarding when I find "the one". I've reached out to Erik Ku and Andrew Shear for help so hopefully it will come soon. Good luck

[andromeda160]

Originally Posted by Goula1979

It's especially hard when you see other posters showing off the ones they just bought. I can't decide if I'm being too picky or if it will be that much more rewarding when I find "the one". I've reached out to Erik Ku and Andrew Shear for help so hopefully it will come soon. Good luck

Andrew shears pictures are more satisfying than the most hardcore pornographies. I love his FB page.

[andromeda160]

Originally Posted by johnbeth

I am mainly playing with modern and for myself i prefer precious modern pieces.

The biggest issue i have is the currency swings, depending where you source the watch from and then import to australia, then taxes etc. So it all adds up and will either make or break the deal. So there are many factors that need to be considered.

Anyway if I was the OP, waiting is the best policy. I waited and found my platinum DD and pounced at it!

Don't you have to pay close to 2x MSRP for luxury cars there or something? We can't even import Rolex in the states modern or vintage, so I never even thought about currency exchange + import. I can definitely see how it would be harder to pull a profit then. But at least you have a world wide selection!

[Lgear080]

Dollar is strong and prices are going down overseas.

Try paris and hk. Waiting gets you nowhere.

Also sounds like you need a bigger network.

[Yazo]

Great advice from everyone... thank you!

Unfortunetly I've played the flipping game a lot with vintage... sometimes it works sometimes it doesn't. All depends on the market.

Also, my network is limited, but that's on purpose. I will only buy from a select couple of dealers... heard too many horror stories about parts/piece replaced... especially in vintage.

[johnbeth]

Originally Posted by Yazo

Great advice from everyone... thank you!

Unfortunetly I've played the flipping game a lot with vintage... sometimes it works sometimes it doesn't. All depends on the market.

Also, my network is limited, but that's on purpose. I will only buy from a select couple of dealers... heard too many horror stories about parts/piece replaced... especially in vintage.

Agree my friend too many fakes out there that can burn you.

Deal with people that you know and trust!

[mailman]

Originally Posted by Silvio Mosiello

Sent from my Motorola Razor

Uncalled for.

[Silvio Mosiello]

Originally Posted by johnbeth

That's a pretty immature post just because you did not like to hear anything that might contradict what you think is right.

Anyway, one day you will look back at all the so called deals ever made, and then realize that flipping is not as easy as you make it sound.

I know serial flippers, including myself and have found that it's close to impossible to break even or make a profit when the market conditions are not the best or when you are looking to dump a watch urgently because you want to buy an another watch because you are sick of the existing one.

I assumed you were trolling since you stated you dont know anyone who has ever made money flipping watches on trf. There are plenty of people who flip watches on here daily.

I was suggesting that while waiting for the right piece to cycle through Rolex models you like and are easy to sell. With Rolex sport models, as long as you buy used one shouldnt ever lose more than a couple hundred $ max. Perhaps flipping was the incorrect word. Perhaps experiencing the Rolex line while not losing/gaining much money while you wait for " the right piece" is a better way to put it. I apologize if the photo was offensive. I must have misinterpreted. you


Sent from my Motorola Razor

[johnbeth]

Originally Posted by Silvio Mosiello

I assumed you were trolling since you stated you dont know anyone who has ever made money flipping watches on trf. There are plenty of people who flip watches on here daily.

I was suggesting that while waiting for the right piece to cycle through Rolex models you like and are easy to sell. With Rolex sport models, as long as you buy used one shouldnt ever lose more than a couple hundred $ max. Perhaps flipping was the incorrect word. Perhaps experiencing the Rolex line while not losing/gaining much money while you wait for " the right piece" is a better way to put it. I apologize if the photo was offensive. I must have misinterpreted. you


Sent from my Motorola Razor

firstly i suggest you understand what trolling is

In Internet slang, a troll is a person who sows discord on the Internet by starting arguments or upsetting people, by posting inflammatory, extraneous, or off-topic messages in an online community with the deliberate intent of provoking readers into an emotional response or of otherwise disrupting normal ...


I was just making a comment on flipping. I did not mention TRF in any of my posts.

I was just making a statement and you called me a troll. I found that offensive, however, I responded to you politely.

Even Pauly said it was uncalled for.

[Silvio Mosiello]

Originally Posted by johnbeth

firstly i suggest you understand what trolling is

In Internet slang, a troll is a person who sows discord on the Internet by starting arguments or upsetting people, by posting inflammatory, extraneous, or off-topic messages in an online community with the deliberate intent of provoking readers into an emotional response or of otherwise disrupting normal ...


I was just making a comment on flipping. I did not mention TRF in any of my posts.

I was just making a statement and you called me a troll. I found that offensive, however, I responded to you politely.

Even Pauly said it was uncalled for.

Yes thats what I thought you were doing to me. I am well aware of trolling. Once again, I must have misinterpreted. My apologies on offending you.


Sent from my Motorola Razor