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22 March 2017, 11:10 AM | #1 |
"TRF" Member
Join Date: Jan 2017
Location: Washington DC
Posts: 87
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Having an extra 5711/1r with trade idea
Hey gang,
So in searching for my first Patek a 5711/1r (and buying it at a fair price) I have since found another that a dealer worked really hard to get me. Wanting to reward the dealer and build a relationship etc. I plan to buy it. Is it reasonable to think that I might be able to trade it for a 5990? Would that even be a good trade? Seems a new 5711 is worth 45-48. Is that about right? Thanks for helping a newbie out! Justin p.s., will be at Basel next Friday night if anyone wants to catch up....
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In order of purchase: PAM 196 "Daylight" Chrono, AP ROC Steel, Daytona LN, Tudor Ranger, PP 5711/1R, Deep Blue, SkyD Rose, SD 43, FM Chrono Banker WG, PP 5905, PAM 305 SUB, PP 5930G, PP 5990, PP 5168G |
22 March 2017, 11:30 AM | #2 |
"TRF" Member
Join Date: Mar 2009
Location: USA
Posts: 4,340
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I would be honest with the AD and tell them that you were able to acquire the 5711/1R from another source, rather than buying a second one because you feel bad a dealer worked hard to find that watch for you.
I doubt you will be able to trade a 5711/1R for a 5990/1A as an equal trade. You probably need to add a few thousand to the trade. Once you purchase a watch from an AD, you usually are going to lose 10-20% of the value even if you decide to turn around and sell it the next day. |
22 March 2017, 11:40 AM | #3 |
"TRF" Member
Join Date: Jan 2017
Location: Washington DC
Posts: 87
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Yes I agree and I told him that I did in fact buy it a couple months earlier. I feel like its a worthwhile investment in a good dealer relationship since the first one came from HK. This gentleman seems to place high value in the relationship aspect of collecting- I agree and respect that of course.
A trade plus a few would make me happy :)
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In order of purchase: PAM 196 "Daylight" Chrono, AP ROC Steel, Daytona LN, Tudor Ranger, PP 5711/1R, Deep Blue, SkyD Rose, SD 43, FM Chrono Banker WG, PP 5905, PAM 305 SUB, PP 5930G, PP 5990, PP 5168G |
22 March 2017, 01:08 PM | #4 |
2024 Pledge Member
Join Date: Feb 2010
Real Name: Neil
Location: UK
Watch: ing ships roll in
Posts: 59,066
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Yes I don't think any dealer would reasonably expect you to buy another of the same watch just for their sake, just try to buy the 5990 from him straight.
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22 March 2017, 01:42 PM | #5 |
2024 Pledge Member
Join Date: Nov 2012
Location: USA
Watch: addiction issues
Posts: 36,815
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Agreed. It is not worth the hassle and think you'd need to add a few thousand.
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