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28 February 2024, 03:03 AM | #31 | |
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Quote:
Re the youtuber - he is simply saying that this AD (Bucherer at Selfridges) has a CPO policy that says they add a markup on top of the price paid for the watch. So if watch A was bought for more than watch B, then it will be more expensive, regardless of market fluctuations and regardless of the fact that in this case watch B is superior to watch A. Maybe this is a one off, maybe a fluke. Maybe a fake - although IDK why someone would go to the length of faking a picture to make such a minor point. But hey, i thought it was an interesting topic because if this is the case Rolex ADs will be stuck with a lot of CPO stock that the bought high on. |
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28 February 2024, 03:27 AM | #32 |
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A couple of observations - with these watches being stocked by Selfridges, the watch room there is run by Bucherer. They were the global launch partner and got a c. 9 month headstart with their CPO programme. I think a very simple answer is that the more expensive one was probably priced at the beginning when they had a huge advantage, whilst the second is likely to have been priced to reflect the current state of the market. When they have been struggling to maintain their stock levels since day one, it doesn't hurt them to have one or two more "optimistically" priced examples in their stock.
Ultimately, you either think it is worth it, or not. What price can you put on a peace of mind? And remember, there are alternative RCPO stockists out there! All the best, Chris |
28 February 2024, 03:39 AM | #33 |
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Watch: Rolex Two-tone Sub
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CPO is definitely of value, if only that it establishes legit provenance and a fresh service. Always good to have when purchasing in the secondary market.
That said, the value would diminish for me on pieces less than maybe 5 years old. If you conduct an effective due dillegenc process, you s/b able to be comfortable with legitimacy, and a service can be postponed for a while. |
28 February 2024, 03:43 AM | #34 | |
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Its different
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Past: 6239 (yes, I know...), 16610, 16600, 116515, 116613LN, 126600, 126711 CHNR Present: 16600, 116509, Cartier Santos Green. |
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28 February 2024, 03:48 AM | #35 | |
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Real Name: Scott
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Quote:
Bucherer Selfridges currently have no Rolex pre owned stock. For all we know the youtuber could have seen this a year ago
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Past: 6239 (yes, I know...), 16610, 16600, 116515, 116613LN, 126600, 126711 CHNR Present: 16600, 116509, Cartier Santos Green. |
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28 February 2024, 03:55 AM | #36 | |
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Real Name: Brian (TBone)
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That said, I think the CPO program has it place and regardless of the pricing, no doubt, some will be buyers. |
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28 February 2024, 04:00 AM | #37 | |
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Real Name: PaulG
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Yes, the benefit to the customers is safe, more available stock albeit preowned. Benefit to ADs is market based pricing. Benefit to secondary market seller is access to stock that is validated as legitimate in two forms: • authentic • not stolen Of course the secondary seller would have slimmer margin and would need to be confident market is rising. Sent from my iPhone using Tapatalk Pro
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Does anyone really know what time it is? |
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