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SC11 · 11 April 2018, 11:40 PM

London based PP fans do any of you know a grey with both the 5990a and 5164a in stock, really want them both in one location to get a decent side by side comparison!

Thanks in advance

tyler1980 · 11 April 2018, 11:57 PM

my house

watch club has a 5990 but its reserved, but they may let you try it on. H&Y has a 5164

SC11 · 12 April 2018, 12:01 AM

Quote:

Originally Posted by tyler1980

my house

watch club has a 5990 but its reserved, but they may let you try it on. H&Y has a 5164

Yeah imagine you have a better PP stock then the majority of the city

Not sure my 15407st would be safe though...

tyler1980 · 12 April 2018, 12:04 AM

Quote:

Originally Posted by SC11

Yeah imagine you have a better PP stock then the majority of the city

Not sure my 15407st would be safe though...

it wouldn't

dmash · 12 April 2018, 01:04 AM

Quote:

Originally Posted by tyler1980

my house

watch club has a 5990 but its reserved, but they may let you try it on. H&Y has a 5164

You should reach out to PP. Utilize your house as the official London Gallery (for a small sum of course). I'm sure you can showcase more sport models than what PP is currently offering in the city

kultschar · 12 April 2018, 01:38 AM

Watch center had a 5524 on their site also for 36k

kultschar · 12 April 2018, 01:39 AM

Quote:

Originally Posted by dmash

You should reach out to PP. Utilize your house as the official London Gallery (for a small sum of course). I'm sure you can showcase more sport models than what PP is currently offering in the city

Indeed Tylers Salon lol

AK797 · 12 April 2018, 02:53 AM

Price has moved up £2K on a used 5164 at WF I see from last year.

tyler1980 · 12 April 2018, 02:59 AM

Quote:

Originally Posted by AK797

Price has moved up £2K on a used 5164 at WF I see from last year.

and they are now offering less im sure

AK797 · 12 April 2018, 03:16 AM

Quote:

Originally Posted by tyler1980

and they are now offering less im sure

It's a risky ploy, hoping people on mass don't start selling privately instead. Our job at least on a public forum is to show up their practices.

SC11 · 12 April 2018, 03:22 AM

Quote:

Originally Posted by AK797

It's a risky ploy, hoping people on mass don't start selling privately instead. Our job at least on a public forum is to show up their practices.

Agree WF used to be a good outlet, pretty much paid what you’d get selling private without the aggro and just put their cut on top.

Now looking to be greedy! Last time I tried to deal with them they wanted to pay me less then retail on a NIB 5167a which they were selling a used one at a 5k profit over what they offered me!

tyler1980 · 12 April 2018, 03:36 AM

Quote:

Originally Posted by AK797

It's a risky ploy, hoping people on mass don't start selling privately instead. Our job at least on a public forum is to show up their practices.

Quote:

Originally Posted by SC11

Agree WF used to be a good outlet, pretty much paid what you’d get selling private without the aggro and just put their cut on top.

Now looking to be greedy! Last time I tried to deal with them they wanted to pay me less then retail on a NIB 5167a which they were selling a used one at a 5k profit over what they offered me!

IMO they are biting the hand that feeds them. They get the vast majority of their watches from private sellers like us. With an OK price i would be fine with selling to them for a bit less than i could get selling myself and avoid the hassle, and let them make their margin too. Now i probably wouldn't. So basically they are risking killing their inventory.

PJ S · 12 April 2018, 03:39 AM

Quote:

Originally Posted by SC11

Agree WF used to be a good outlet, pretty much paid what you’d get selling private without the aggro and just put their cut on top.

Now looking to be greedy! Last time I tried to deal with them they wanted to pay me less then retail on a NIB 5167a which they were selling a used one at a 5k profit over what they offered me!

That TV advertising doesn’t pay for itself, you know!

tyler1980 · 12 April 2018, 03:41 AM

Quote:

Originally Posted by PJ S

That TV advertising doesn’t pay for itself, you know!

they have gotten a bit out of hand though. Watches are going for several thousand more than last year and at the same time they are offering less to buy them since last year. They are getting pretty close to a monopoly and they are exploiting it.

Vetracer · 14 April 2018, 06:30 AM

Quote:

Originally Posted by SC11

Agree WF used to be a good outlet, pretty much paid what you’d get selling private without the aggro and just put their cut on top.

Now looking to be greedy! Last time I tried to deal with them they wanted to pay me less then retail on a NIB 5167a which they were selling a used one at a 5k profit over what they offered me!

Agreed that Watchfinder’s are now very greedy but so are all the others. I visited Burlington Arcade last weekend and noticed that the dealers there have now removed price tags from the watches in the windows. Watch Club which used to offer market prices is also now extortionate. I’m not singling out these though, all U.K. watch dealers seem to be capitalising on demand and have massively over inflated prices on stock and will offer you massively under market for your watch. (In my opinion)

tng11 · 14 April 2018, 06:33 AM

For fun I'm going to submit pictures of my 5164 for a bid from WF just to see how ridiculous their spread is.

Anyone think it will be under 20K GBP? Mine's a August 2017 in excellent shape. They're selling one around the same age for 27,450 GBP.

RussW · 14 April 2018, 07:05 AM

Quote:

Originally Posted by tng11

For fun I'm going to submit pictures of my 5164 for a bid from WF just to see how ridiculous their spread is.

Anyone think it will be under 20K GBP? Mine's a August 2017 in excellent shape. They're selling one around the same age for 27,450 GBP.

£18-£19k?

SC11 · 14 April 2018, 07:09 AM

Quote:

Originally Posted by RussW

£18-£19k?

I’d say that’s about right! They offered 21-22k on a brand new unworn one back in Jan.

matbaj · 14 April 2018, 08:26 AM

Call around different AD's you might get lucky I bought 5167-1A today no waiting list no premium.

watchbowl · 14 April 2018, 08:28 AM

Quote:

Originally Posted by matbaj

Call around different AD's you might get lucky I bought 5167-1A today no waiting list no premium.

I hope you bought a lottery ticket today as well?!

matbaj · 14 April 2018, 08:34 AM

Quote:

Originally Posted by Simon040289

I hope you bought a lottery ticket today as well?!

yeah I couldn't believe it when they told me its in stock and ready for me to buy I heard they are hard to most ads in London wouldn't even put me on waiting list It's just Nautilus & Aquanaut range is not available.

AK797 · 14 April 2018, 11:19 AM

Quote:

Originally Posted by tng11

For fun I'm going to submit pictures of my 5164 for a bid from WF just to see how ridiculous their spread is.

Anyone think it will be under 20K GBP? Mine's a August 2017 in excellent shape. They're selling one around the same age for 27,450 GBP.

20K sounds crazy low. Surely they'll pay more? Let us know.

tyler1980 · 14 April 2018, 05:08 PM

im more curious on the 5711 spread. They still haven't put up the prices for the two they have. Now they have another one so someone recently flipped them one.

IMO that is the spread that is more indicative of a downward trend in buy prices because that is not a hard one to move.

TeddyS · 14 April 2018, 10:15 PM

I’m not up to date with my PP’s but try official watches and time4diamonds. I know the latter at least has PP stock, for a premium obviously

Sent from my iPhone using Tapatalk

AK797 · 14 April 2018, 10:54 PM

Quote:

Originally Posted by TeddyS

I’m not up to date with my PP’s but try official watches and time4diamonds. I know the latter at least has PP stock, for a premium obviously

Sent from my iPhone using Tapatalk

Both are slightly wide-boy outfits so deal with them carefully. It's why WF being so tight now is a real shame.

I talked with some other cent. London Greys and they were saying they didn't know how WF offered such good bids before as they couldn't compete, and I said they were volume dealers and name building before rather than margin players but that has obviously changed now as they are top dog in Europe now. The other greys are relieved at least.

Xelorpepsi · 15 April 2018, 02:08 AM

It is worth checking at Swiss Time London in Mayfair. They tend to have in stock lots of pieces usually difficult to find on the grey market.

Russell996 · 15 April 2018, 03:47 AM

Quote:

Originally Posted by tng11

For fun I'm going to submit pictures of my 5164 for a bid from WF just to see how ridiculous their spread is.

Anyone think it will be under 20K GBP? Mine's a August 2017 in excellent shape. They're selling one around the same age for 27,450 GBP.

There are 4 or 5 in the UK around £25k, I think for sure WF will offer under £20k.

They will loose 16.67% of the uplift between buy and sell in VAT at the margin payments and they need to make a profit. Let us know how it goes.

RussW · 15 April 2018, 04:24 AM

Quote:

Originally Posted by Russell996

There are 4 or 5 in the UK around £25k, I think for sure WF will offer under £20k.

They will loose 16.67% of the uplift between buy and sell in VAT at the margin payments and they need to make a profit. Let us know how it goes.

Very good point on the VAT, which I think is easily forgotten. I believe VAT lost would be on the full amount (not the margin), assuming the seller is not VAT registered.

erics · 15 April 2018, 05:29 AM

Quote:

Originally Posted by Xelorpepsi

It is worth checking at Swiss Time London in Mayfair. They tend to have in stock lots of pieces usually difficult to find on the grey market.

Good Lord their pricing...

jsw7 · 15 April 2018, 05:37 AM

Quote:

Originally Posted by tyler1980

im more curious on the 5711 spread. They still haven't put up the prices for the two they have. Now they have another one so someone recently flipped them one.

IMO that is the spread that is more indicative of a downward trend in buy prices because that is not a hard one to move.

I sold my 2016 5711 Blue dial to WF in December and they paid me £29,750 and advertised it for £32,750. At the time they were by far the highest bid.

11 April 2018, 11:40 PM	#1
SC11 Banned Join Date: Jul 2010 Real Name: Sam Location: UK Watch: AP ☠️ Posts: 6,151	London stock help London based PP fans do any of you know a grey with both the 5990a and 5164a in stock, really want them both in one location to get a decent side by side comparison! Thanks in advance

11 April 2018, 11:57 PM	#2
tyler1980 "TRF" Member Join Date: Apr 2015 Location: Houston Posts: 17,622	my house watch club has a 5990 but its reserved, but they may let you try it on. H&Y has a 5164 __________________ Instagram: tyler.watches current collection: Patek 5164A, Patek 5524G, Rolex Platinum Daytona 116506, Rolex Sea Dweller 43 126600, Rolex GMT II 116710LN, AP 15400ST (silver), Panerai 913, Omega Speedmaster moonwatch, Tudor Black Bay (Harrods Edition)

14 April 2018, 05:08 PM	#23
tyler1980 "TRF" Member Join Date: Apr 2015 Location: Houston Posts: 17,622	im more curious on the 5711 spread. They still haven't put up the prices for the two they have. Now they have another one so someone recently flipped them one. IMO that is the spread that is more indicative of a downward trend in buy prices because that is not a hard one to move. __________________ Instagram: tyler.watches current collection: Patek 5164A, Patek 5524G, Rolex Platinum Daytona 116506, Rolex Sea Dweller 43 126600, Rolex GMT II 116710LN, AP 15400ST (silver), Panerai 913, Omega Speedmaster moonwatch, Tudor Black Bay (Harrods Edition)

12 April 2018, 01:38 AM	#6
kultschar "TRF" Member Join Date: Sep 2011 Location: End of the World Watch: PP & Rolex Posts: 1,970	Watch center had a 5524 on their site also for 36k

12 April 2018, 02:53 AM	#8
AK797 2024 Pledge Member Join Date: Feb 2010 Real Name: Neil Location: UK Watch: ing ships roll in Posts: 59,232	Price has moved up £2K on a used 5164 at WF I see from last year.

14 April 2018, 06:33 AM	#16
tng11 "TRF" Member Join Date: Jun 2016 Location: N/A Posts: 3,629	For fun I'm going to submit pictures of my 5164 for a bid from WF just to see how ridiculous their spread is. Anyone think it will be under 20K GBP? Mine's a August 2017 in excellent shape. They're selling one around the same age for 27,450 GBP.

14 April 2018, 08:26 AM	#19
matbaj "TRF" Member Join Date: Dec 2011 Real Name: Mat Location: UK Watch: 114060 & 5167 Posts: 277	Call around different AD's you might get lucky I bought 5167-1A today no waiting list no premium.

14 April 2018, 10:15 PM	#24
TeddyS "TRF" Member Join Date: Apr 2018 Real Name: Teddy Location: London U.K. Watch: sea-dweller 126600 Posts: 670	I’m not up to date with my PP’s but try official watches and time4diamonds. I know the latter at least has PP stock, for a premium obviously Sent from my iPhone using Tapatalk

15 April 2018, 02:08 AM	#26
Xelorpepsi "TRF" Member Join Date: Sep 2011 Location: UK Posts: 307	It is worth checking at Swiss Time London in Mayfair. They tend to have in stock lots of pieces usually difficult to find on the grey market.

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