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1 October 2010, 10:51 AM | #1 |
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Where do vintage Rolex sellers find the watches?
I know a bunch of them who have like 10-15 new ones every week, I sometimes wonder where they find them? Maybe I'd get better prices if I cut out the middleman.
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1 October 2010, 11:11 AM | #2 |
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I wish i knew.... but I just dont have the time or money.... if I did find out.
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1680, 1675, 116610LN, GMT Master II, Explorer II, Tudor Big Block 79170 |
1 October 2010, 11:17 AM | #3 |
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I think they have jewelry stores or have name recognition where people know where to go sell an old Rolex.
They will NEVER tell you the secret. If they did, there would be 10 times as many people buying up these jewels and by default, driving the prices up.
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1 October 2010, 11:20 AM | #4 |
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I see it as the veteran sellers doing us a service.
There's no way I would be able to spot small inconsistencies better than say, Jacek or Steve Mulholland. I'd gladly pay the middleman premium if it means I'm getting a watch that's been through their discerning eyes. Just my
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F 14000 AirKing black F 16710 GMT Pepsi F 16570 Explorer II white T 16600 SD D 16610 LV "fine quality is remembered long after the pain of spending money" -Steve Mulholland |
1 October 2010, 11:25 AM | #5 | |
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1 October 2010, 11:31 AM | #6 |
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Most dealers buy through wholesale contacts, I am very good friends with one. For instance, my wholesale contact sold an authentic 5514 comex to a dealer for 15k.
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1 October 2010, 11:32 AM | #7 |
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F 14000 AirKing black F 16710 GMT Pepsi F 16570 Explorer II white T 16600 SD D 16610 LV "fine quality is remembered long after the pain of spending money" -Steve Mulholland |
1 October 2010, 11:33 AM | #8 |
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They typically have relationships with ADs, independent jewelers and even pawn shops to get their stock.
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1680 MK II 2.2M (my daily); 1655 MK IV 8.1M (my 1st vintage); 16660 x 4 - 8.0M spider & matte 7.4M, 8.0M, 8.0M; 16610LV F MK I/MK I; 116528 Z; 14060 M COSC; Tudor 75090 Gone.....never forgotten: 14000 F, 14060 V COSC, PAM 048, 16623 F, 1680 MK V 3.1M, 16800 matte 8.3M & 1655 MK IV 7.4M |
1 October 2010, 11:49 PM | #9 | |
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1 October 2010, 11:58 PM | #10 |
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They have a relationship with anybody who has *traffic* of watches. Estates,Lawyers,Pawn shops,watch battery repair places,AD's etc etc and the list goes on and on. Most important they are known to pay more than others with no BS involved as they will get the call 1st.
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2 October 2010, 12:04 AM | #11 |
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There are certainly different levels of vintage sellers, and most usually deal in more than just Rolex. There are the sellers that travel around the world that buy the primo pieces, and usually have a client list that they can flip that special piece to within a couple of days/weeks. There are also the guys who buy used from Rolex AD's when an AD takes a pre-owned Rolex in on trade, these guys do the least amount of work and often have gems fall in their lap! Finally there are the guys who are actively searching the area for vintage pieces.
Scott
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"The bitterness of poor quality remains long after the sweetness of lower price is forgotten." -Benjamin Franklin Member No. 922 |
5 October 2010, 10:08 AM | #12 |
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Basically I work 10-12 hours a day online, on the phone and devote my life to searching for watches. I'm on the Ipad before I go to sleep and wake up each morning to the iphone responding to emails and searching. Sometimes I get stuff for great prices but most of the time I am competing with many many dealers and have to pay up for my pieces. I make 5% -10% in this ultra competitive market. I also travel to shows, I go to shops, estate sales, etc. I also travel to Europe, Japan, Australia, Hong Kong etc. Don't get me wrong it's fun, but also pretty stressful and competitive. I love getting you guys the best pieces I can find for great prices.
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5 October 2010, 01:04 PM | #13 | |
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Thank you for sharing |
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5 October 2010, 11:33 PM | #14 |
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A dealer who has done his homework is the retail customers best source. Most have learned by spending lots of $$ to get where they are. Jacek, Steve and others spend all their time on this as it's thier business. But sometimes luck comes the observant ones way :-)
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6 October 2010, 12:19 AM | #15 | |
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