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22 August 2014, 02:52 AM | #61 |
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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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22 August 2014, 03:42 AM | #62 | |
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Quote:
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
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22 August 2014, 04:39 AM | #63 |
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That is a great chart you have of the buy/sell/loss. Kudos to you for keeping those types of records. I prefer to bury my head in the sand instead of seeing on paper how my of a hit I took. Haha!
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22 August 2014, 04:42 AM | #64 | |
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22 August 2014, 04:43 AM | #65 | |
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Quote:
Thanks mate, actually I went back to the 1 year and half old thread copy and pate the Table ! Lol And the table was made by a friend poster that collected my data and put it together LoL But yeah is good that I have good memory Kudos ! Sent from my iPhone using Tapatalk
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22 August 2014, 04:50 AM | #66 | |
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Quote:
I really don't want a disclose the money I lost, with Black Toro UN, Lange Timezone, Saxonia Thin etc.... that is no FUN !!
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22 August 2014, 05:01 AM | #67 |
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Hi Jorge,
Quite the journey! I think however you have arrived at a wonderful destination. If i made a table chart of the girls I dated over the years i think it would be worse LOL. Anyway, if you could have back 2 of the watches from the past (money not the issue just on looks and love for the reference) which one would it be? |
22 August 2014, 05:02 AM | #68 |
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PS I think an AP Diver in your collection would be incredible, SS nice but ceramic even sportier and different than all your other pieces./// not to be an enabler//
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22 August 2014, 05:31 AM | #69 | |
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Quote:
Well it doesn't appeal to me the idea of having a full black or white watch, so if anything I like better the steel diver.
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22 August 2014, 05:53 AM | #70 |
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Hi Jorge, very interesting thread. Seems to reflect the lifecycle of a WIS!! Sold my small rolex collection to fund my first patek. Now looking to slowly rebuild the collection.
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22 August 2014, 06:10 AM | #71 |
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My wife says much the same about my waist line, "less is more".
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22 August 2014, 02:29 PM | #72 | |
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Quote:
I hate it when they are right all is good
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22 August 2014, 03:15 PM | #73 |
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Jorge a couple of more thoughts from you and we need to put this as sticky for all the desperate flippers and WIS.
Ignorance is a Bliss! Love it
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Best George "Also remember that feet don't get fat and a watch will always speak volumes." Robert Johnston --------------------- *new*https://youtu.be/EljAF-uddhE *new * http://youtu.be/ZmpLoO1Q8eQ IG @passionata1 |
22 August 2014, 03:31 PM | #74 |
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Jorge,
Your buy/sell/loss chart is humbling. For me, it underscores the decent deals available through TRF Trusted Sellers on grey market or gently used watches. I understand the safety of buying from an AD - but only for buyers who "buy and hold"...... For flippers, the TRF Trusted Sellers appear to be a great deal.
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Life is filled with choices......and consequences! 2019 Sky-Dweller Giveaway 2019 GMT CHNR Giveaway 2019 DEEPSEA Giveaway 2018 Rolex Red SD43 Giveaway 2018 Bond Submariner Giveaway 2020 Rolex + Tudor GMT Giveaway 2020 Rolex Submariner Giveaway |
22 August 2014, 09:34 PM | #75 | ||
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Quote:
Sticky ? And yes if it helps any WIS to make wiser decisions or to have a better understanding of the game then I am all for it Quote:
- In some instances I have found cheaper prices buying brand new from the AD than buying used from a Trusted Seller; the opposite is also true so do your diligence and research your options before pulling the trigger. - Rationally for a flipper yes it makes more sense buying used than brand new to minimize losses but "personally" for me even though I understand that I still prefer buying from the AD I just can't buy used and I learned the hard way. But that doesn't mean that you should, if it doesn't bathers you by all means the better deal is to buy it used. - Personally the biggest asset is that you have a very good option to "sell" your watches with a TRF trusted seller Kudos
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31 August 2014, 12:21 AM | #76 |
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Great thread buddy, I totally relate, even if I don't have so many and of so high end brands like you did, I have ten, exactly 1 Omega Sea Master, Cartier Santos, Panerai 233K, 28, 82, Rolex Daytona 116515, Sub C LN, BLNR, Blancpain L-Evolution, PP5712, and like you I don't like that they stay in the safe with no wrist time, I just wear the ones I prefer, so am also going for the 3 watch stage, also want the sub LV, and either keep the BLNR or get a RO 15202 (was very hot but a little less now that I know that the movement needs regular service to avoid wear and damage) and of course the PP 5712.
I found myself enjoying much more my watches when I had 2-3, especially my Panerai which 1 is discontinued dial, the 233K, and 2 special LE, 28 and 82, I prefer to flip them so someone will wear them rather than them getting old in the bank's safe. So I totally understand, maybe some can enjoy a huge collection, thought I would, but really not. About buying them new I totally understand, I also can't buy used, getting the watch new unworn is 20% of the game for me, except I never buy from an AD but from private sellers or grey dealers, did so for all my watches and got from good to great discounts with no problem, but I did a very thorough check of the buyers and every time except 2 I did a face to face deal, even took the train from Paris to Frankfurt to get my Pam 82. Thanks for the great thread |
31 August 2014, 12:47 AM | #77 |
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+1 to make this a sticky, and about the AP Diver you already know my thought, I don't think you should, your 3 pieces are just great, if you really needed/wanted to add 1 more I would think Aquanaut, the only problem is that the most beautiful is the RG and you have 2 RG's in your collection
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31 August 2014, 01:11 AM | #78 | |
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Quote:
Cheers !
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1 September 2014, 02:06 AM | #79 | |
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Quote:
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1 September 2014, 02:54 AM | #80 | |
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Quote:
The prices that you see listed is sites, is usually not the actual sale price most of the time. But in my experience you don't make any money when you flip, you lose. But they are always exceptions like when you buy something at a phenomenal price and then you find an interested buyer. It happens Cheers !! Sent from my iPhone using Tapatalk
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1 September 2014, 04:56 AM | #81 | |
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Quote:
Jorge , just wondering why did you moved from 12a to 12r?
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Best George "Also remember that feet don't get fat and a watch will always speak volumes." Robert Johnston --------------------- *new*https://youtu.be/EljAF-uddhE *new * http://youtu.be/ZmpLoO1Q8eQ IG @passionata1 |
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1 September 2014, 05:16 AM | #82 |
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I want it my cake and eat it too. Meaning, I love the slickness of the thin case but didn't like the weight on steel. So with the gold version I gain weight for one. Second the thin bracelet with the thin case made the watch wobble around too much. This might be fixable with the 1.5 link that you can order. But the biggest thing is that the RG Nautilus is a Stunner. So is like the best of both worlds. But I think that at the end is a very personal decision. Because, if you want a Nautilus under 40K, then I would pick the 5712/1A Cheers !! Sent from my iPhone using Tapatalk
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1 September 2014, 01:54 PM | #83 | |
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1 September 2014, 05:16 PM | #84 |
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^only the rich buys at list
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Best George "Also remember that feet don't get fat and a watch will always speak volumes." Robert Johnston --------------------- *new*https://youtu.be/EljAF-uddhE *new * http://youtu.be/ZmpLoO1Q8eQ IG @passionata1 |
1 September 2014, 10:43 PM | #85 | |
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I am glad it worked for you. I don't like to remember the numbers because I would be banging my head every time !! Cheers ! Not even the rich friend, and that's probably why they remain are rich. Lol Cheers !! Sent from my iPhone using Tapatalk
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1 September 2014, 10:58 PM | #86 |
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Nice trio!
Actually all are nice! Enjoy whatever you settle with! |
1 September 2014, 11:35 PM | #87 |
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Exactly my friend!
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2 September 2014, 12:10 AM | #88 | |
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Quote:
Thanks friend !! Cheers !! Cheers !!! Sent from my iPhone using Tapatalk
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2 September 2014, 01:38 AM | #89 |
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Question about the "loss" chart. Watches cost $69k after discount. Sold for $47k (87 retail - 39loss) so net loss is "only" $22k. Right?
I understand what you are doing with your collection. It's not easy to do. |
10 September 2014, 01:42 AM | #90 |
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I love both your 5205R and the 5712R!
I am also leaning towards the 5712R hopefully in the next year... |
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