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Old 26 December 2019, 12:26 PM   #1
curare78
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No box and no papers..... Please help

Hello,

Saw a recent video from CRM watches. Stated in the video that if a watch does not have box and papers, it’s still ok to purchase. As the box can be bought on eBay and can get copy of offficsl papers from AD once watch registered for about $3-400.

Does anyone have any experience with this.

Thank you
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Old 26 December 2019, 12:35 PM   #2
levelero
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Hello,



Saw a recent video from CRM watches. Stated in the video that if a watch does not have box and papers, it’s still ok to purchase. As the box can be bought on eBay and can get copy of offficsl papers from AD once watch registered for about $3-400.



Does anyone have any experience with this.



Thank you


Box in ebay - right, usually you can find.

Papers - something is ‘original documents’ and something another is ‘a certificate of authenticity’, what is what you could get but it’s not the same.

But of course, in the correct price and from well-known seller, it’s ok to buy watches with no B&P,



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Old 26 December 2019, 01:12 PM   #3
shaunylw
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Originally Posted by curare78 View Post
Hello,

Saw a recent video from CRM watches. Stated in the video that if a watch does not have box and papers, it’s still ok to purchase. As the box can be bought on eBay and can get copy of offficsl papers from AD once watch registered for about $3-400.

Does anyone have any experience with this.

Thank you
The only way your getting papers from Rolex is with a service. You will receive service papers. Watch is fairly general, I’m sure other brands have their way of handling things like this.
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Old 26 December 2019, 01:39 PM   #4
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AP buyers are somewhat more finicky than rolex. I wouldn't touch an incomplete AP with a 10 foot pole. But resale is important to me as I move things around. The good news is that is fairly easy to tell a modern AP real from garbage as opposed to rolex so you have that advantage.
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Old 26 December 2019, 01:58 PM   #5
curare78
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Thanks guys
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Old 26 December 2019, 06:16 PM   #6
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I saw that video and at the time I thought that it struck me as a bit disingenuous and that Eric must have a bunch of watches to sell that didn’t have b&P. How someone can spend a significant amount of money on a watch and then lose the box etc is something that I think sounds a bit odd and rather suspicious.


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Old 26 December 2019, 10:30 PM   #7
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I saw that video and at the time I thought that it struck me as a bit disingenuous and that Eric must have a bunch of watches to sell that didn’t have b&P. How someone can spend a significant amount of money on a watch and then lose the box etc is something that I think sounds a bit odd and rather suspicious.


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Not odd or suspicious and happens all the time. There are a lot of original watch purchaser’s that are not WIS or understand the value of keeping all the original packaging or certificates.

And even more where unfortunate circumstances cause them to be lost. An ex spouse throws out their former significant others belongings, theft, fire or other physical damage, etc.

You don’t wear the box so depending on the circumstance (proven authentic, trusted seller) and priced accordingly, wouldn’t prevent me from purchasing the watch.
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Old 27 December 2019, 02:42 AM   #8
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I saw that video and at the time I thought that it struck me as a bit disingenuous and that Eric must have a bunch of watches to sell that didn’t have b&P. How someone can spend a significant amount of money on a watch and then lose the box etc is something that I think sounds a bit odd and rather suspicious.

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Not odd or suspicious and happens all the time. There are a lot of original watch purchaser’s that are not WIS or understand the value of keeping all the original packaging or certificates.

And even more where unfortunate circumstances cause them to be lost. An ex spouse throws out their former significant others belongings, theft, fire or other physical damage, etc.

You don’t wear the box so depending on the circumstance (proven authentic, trusted seller) and priced accordingly, wouldn’t prevent me from purchasing the watch.
Both of these are technically right, as I understand it a lot of Eric's inventory is procured due to the fact that people traveling to Miami come across a piece that they're interested and trade it in against whatever it is they want to purchase.

As far as the latter comment, many of these individuals do understand the value of keeping all of the original packaging or certificates, however, their motivation is solely the desire to have the piece immediately.

Part of the benefit for CRM is predicated upon the fact that they significantly low ball the value of the piece considering it doesn't come as a full set. The idea that they're advocating for the reduced significance of box and papers is a bit disingenuous, especially for modern pieces that have been procured recently. The idea that it doesn't increase value or isn't important is preposterous as any dealer will automatically state that this is deleterious to the trade-in and retail values.
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Old 27 December 2019, 06:28 AM   #9
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For a Haute piece I would be very hesitant without a full set and the price would have to really reflect that, as future buyers and greys esp will penalise you for the missing parts.
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Old 27 December 2019, 06:42 AM   #10
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There is a reason people in the business have the terms "full set" and "naked" referring to what the watch comes with. A "naked" piece will always have a discount compared to a "full set" and sometimes that discount is pretty significant. If you go on CH24 and sort any model and sort from lowest price, almost all of them at the lowest price are "naked".
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Old 27 December 2019, 07:00 AM   #11
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I buy the seller and it doesn't bother me when I buy a piece with no box or papers. I can buy a box if I want one and you get a warranty service card when you send the watch in to Rolex.
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Old 27 December 2019, 07:46 AM   #12
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I buy the seller and it doesn't bother me when I buy a piece with no box or papers. I can buy a box if I want one and you get a warranty service card when you send the watch in to Rolex.
Agree, some people just want the piece and like the discount that can be had for a naked piece. There are some ways to reduce the depreciation as mentioned, with warranty papers from rolex or archive extract papers from AP ect, they definitely help. I never put much weight on boxes myself, especially with rolex as they can be had easily. Others can be a but more difficult especially with limited editions like my AP survivor I just bought that comes with a pretty out of this world box and accessories. All comes down to personal preferences.
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Old 27 December 2019, 09:39 AM   #13
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This really helps. Thanks guys
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Old 28 December 2019, 02:19 PM   #14
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I saw that video and at the time I thought that it struck me as a bit disingenuous and that Eric must have a bunch of watches to sell that didn’t have b&P. How someone can spend a significant amount of money on a watch and then lose the box etc is something that I think sounds a bit odd and rather suspicious.


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Not uncommon. I have a friend who has 30 plus watches and stores all his boxes and papers but after a while loses track of the papers (especially after a service)...its quite common and he never sells.

I found out cos I recently convinced him to sell his watches he doesn’t wear (ones no one in his family wore in past 4 years) and he couldn’t find half the papers.


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Old 28 December 2019, 06:22 PM   #15
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Not uncommon. I have a friend who has 30 plus watches and stores all his boxes and papers but after a while loses track of the papers (especially after a service)...its quite common and he never sells.

I found out cos I recently convinced him to sell his watches he doesn’t wear (ones no one in his family wore in past 4 years) and he couldn’t find half the papers.


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I have had the same experience with a friend who has purchased over 100 high end watches over the last 10 years. He regularly sells pieces he doesn't wear and about 50% of the time cannot locate the correct paperwork. He just doesn't get the concept of original documents and doesn't care about the price difference when he sells. I've helped him move some of his watches and it drives me nuts.
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Old 28 December 2019, 06:28 PM   #16
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Hello,

Saw a recent video from CRM watches. Stated in the video that if a watch does not have box and papers, it’s still ok to purchase. As the box can be bought on eBay and can get copy of offficsl papers from AD once watch registered for about $3-400.

Does anyone have any experience with this.

Thank you
If I were considering buying an A/P that is less than 15 years old I would not buy one without full identifying paperwork. The price differential is constantly widening out as more people become aware of the importance of documentation.
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Old 28 December 2019, 07:49 PM   #17
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Full set or nothing, your buying an AP and spending a fortune, why take a risk to get it slightly cheaper? How do you know it's not stolen? If your nickel and diming at this price point you really shouldn't be getting an AP. The delta in dollars to get a full set shouldn't be much higher.
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Old 28 December 2019, 10:44 PM   #18
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I would not buy unless full original set, among other considerations to avoid the risk of ending up with a potentially stolen piece (which the seller might be unaware of).
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Old 28 December 2019, 10:45 PM   #19
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Double post.
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Old 29 December 2019, 03:20 AM   #20
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How do you know it's not stolen?
You can give AP the serial number and they will tell you if it's been reported as stolen.
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