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Abre · 9 June 2021, 09:54 AM

Hello fellow members
So my friend is selling his 2020 38mm RO chronograph ref.26315st he has been wearing the watch non stop for a year exactly and it has lots and lots of scratches and a ding in the bezel at 11 o’clock.
What would you pay for a watch in this condition?
All comments are appreciated.
Thank you.

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AshAP · 9 June 2021, 10:38 AM

That’s not too bad. A good friend of mine abused his Diver for 5 years to the point that the watch looked physically and mentally scarred. He sent it to AP for a service and case re finish and the watch came back looking like new.

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RyanO · 9 June 2021, 11:40 AM

Agreed. A service and polish would probably do wonders. That’s become a hot watch, what does he want for it?

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Haveapair · 9 June 2021, 12:20 PM

The best way to do this transaction is to go to your local watch dealer area together.

Get 2-3 quotes from dealers to buy it, now you know what it is worth. Then pay him $500 over the average offer.

He gets more than selling to a dealer, and you pay less than market. Everyone's happy

yoast · 9 June 2021, 12:22 PM

2x 1.5 links in the bracelet?

Emery · 9 June 2021, 01:38 PM

Market price less the cost of a service + polish I guess.

EEpro · 9 June 2021, 02:12 PM

Split market price and offer prices less service cost.

melhk · 9 June 2021, 04:42 PM

Quote:

Originally Posted by yoast

2x 1.5 links in the bracelet?

Good point, didn't notice it before you mentioned it

HK Islandboy · 9 June 2021, 05:56 PM

It is awesome to see an AP being well worn and enjoyed

VogelPhoenix · 9 June 2021, 08:08 PM

Assuming it comes with box and papers, and known provenance via a friend, here is what I would be willing to pay: $24-25k, i.e., MSRP minus ~$5k discount for a used watch in need of TLC.

Consequently, I doubt I would come to an agreement with the seller. But under no circumstances would I personally pay "market" minus a small discount for a beat-up current production watch. Are there really people here who would shell out $40k for this specimen? Lowest ask on C24 if $47.5k.

C_Troy242 · 9 June 2021, 09:30 PM

Eh, with that mindset of (just presuming ...) selling it bc of a bit of a market price bump, maybe shouldn't have smashed it around like that. It looks quite awful, sorry.

I'm with Phoenix, the equation "market minus cost of service and polish" makes no sense to me at all ... look at a steep markdown or work to find the right type of buyer I guess.

EEpro · 9 June 2021, 10:44 PM

Quote:

Originally Posted by C_Troy242

Eh, with that mindset of (just presuming ...) selling it bc of a bit of a market price bump, maybe shouldn't have smashed it around like that. It looks quite awful, sorry.

I'm with Phoenix, the equation "market minus cost of service and polish" makes no sense to me at all ... look at a steep markdown or work to find the right type of buyer I guess.

Quote:

Originally Posted by VogelPhoenix

Assuming it comes with box and papers, and known provenance via a friend, here is what I would be willing to pay: $24-25k, i.e., MSRP minus ~$5k discount for a used watch in need of TLC.

Consequently, I doubt I would come to an agreement with the seller. But under no circumstances would I personally pay "market" minus a small discount for a beat-up current production watch. Are there really people here who would shell out $40k for this specimen? Lowest ask on C24 if $47.5k.

$24-25k would be a steal. Wouldn't a grey dealer offer him more than that?

I suggested splitting grey offers and market value less service cost otherwise there's no reason to even have the transaction with anyone other than a dealer.

jay_kay · 9 June 2021, 10:48 PM

I'd be telling him to secure the screw that has backed out of one of the 2 1.5 links before he looses the watch.

Nice to one that has been worn and enjoyed.

C_Troy242 · 9 June 2021, 10:50 PM

Oh, that does seem more sensible, objectively. That would probably land you in the 35k range.

I was definitely pricing a "don't wanna deal with it" discount, so it's a very subjective datapoint. If OP is a potential buyer that can live with the scratches (or implications of polishing them), that's entirely fair, although I contend you really have to want it to pay 30+ still.

VogelPhoenix · 10 June 2021, 12:00 AM

Quote:

Originally Posted by EEpro

$24-25k would be a steal. Wouldn't a grey dealer offer him more than that?

I suggested splitting grey offers and market value less service cost otherwise there's no reason to even have the transaction with anyone other than a dealer.

Yes, I was replying to the thread title, "What would you pay for this used and abused RO". I'm sure the friend could get more than my offer on the open market, but I would not pay (much) more than that; just a matter of preference.

VogelPhoenix · 10 June 2021, 12:02 AM

Quote:

Originally Posted by jay_kay

I'd be telling him to secure the screw that has backed out of one of the 2 1.5 links before he looses the watch.

good one.

cascavel · 10 June 2021, 02:15 AM

Current list price - 20%.

Abre · 10 June 2021, 10:08 AM

Arrived

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RyanO · 10 June 2021, 11:20 AM

Quote:

Originally Posted by Abre

Arrived

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Congrats! Great collection. Don’t leave us hanging, what did you end up paying?

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Abre · 23 July 2021, 12:54 PM

Bot ready to share that will info yet

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1st amg · 23 July 2021, 08:40 PM

Quote:

Originally Posted by Abre

Bot ready to share that will info yet

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Huh?

gretch6364 · 24 July 2021, 12:03 AM

Bot = Not in his post

9 June 2021, 09:54 AM	#1
Abre "TRF" Member Join Date: Aug 2020 Location: USA Posts: 441	What would you pay for this used and abused RO Hello fellow members So my friend is selling his 2020 38mm RO chronograph ref.26315st he has been wearing the watch non stop for a year exactly and it has lots and lots of scratches and a ding in the bezel at 11 o’clock. What would you pay for a watch in this condition? All comments are appreciated. Thank you. Sent from my iPhone using Tapatalk

9 June 2021, 12:22 PM	#5
yoast "TRF" Member Join Date: Aug 2013 Location: HK Posts: 2,257	2x 1.5 links in the bracelet? __________________ IG: @yoast.watch https://www.instagram.com/yoast.watch/

9 June 2021, 02:12 PM	#7
EEpro 2024 Pledge Member Join Date: Apr 2019 Real Name: Brad Location: Purdue Watch: Daytona Posts: 9,084	Split market price and offer prices less service cost. __________________ ♛ ✠ Ω 2FA Active

9 June 2021, 10:48 PM	#13
jay_kay "TRF" Member Join Date: Feb 2009 Location: Barrowford Watch: Tudor Black Bay 54 Posts: 1,699	I'd be telling him to secure the screw that has backed out of one of the 2 1.5 links before he looses the watch. Nice to one that has been worn and enjoyed. __________________ Rolex Explorer 214270, Omega Speedmaster '1957 Relaunch' 3594.50.00, Panerai Luminor 1950 PAM00127-E, Panerai Radiomir 1936 PAM00249-I, Panerai Mare Nostrum PAM00716-T, Panerai PAM00785-Q Set, Panerai Luminor Black Seal PAM00594-Q, Panerai Luminor Daylight PAM00604-Q, Tudor Black Bay 54 79000N, Heuer Carrera Re-Edition CS3113, Hamilton Military W10 & TAG Heuer F1

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9 June 2021, 10:38 AM	#2
AshAP "TRF" Member Join Date: Dec 2012 Real Name: Ash Location: UK Watch: AP Royal Oak Posts: 4,544	That’s not too bad. A good friend of mine abused his Diver for 5 years to the point that the watch looked physically and mentally scarred. He sent it to AP for a service and case re finish and the watch came back looking like new. Sent from my iPhone using Tapatalk

9 June 2021, 11:40 AM	#3
RyanO 2024 Pledge Member Join Date: Feb 2013 Real Name: Ryan Location: DMV Watch: LVc Posts: 2,028	Agreed. A service and polish would probably do wonders. That’s become a hot watch, what does he want for it? Sent from my iPhone using Tapatalk

9 June 2021, 12:20 PM	#4
Haveapair Banned Join Date: Mar 2021 Location: USA Posts: 221	The best way to do this transaction is to go to your local watch dealer area together. Get 2-3 quotes from dealers to buy it, now you know what it is worth. Then pay him $500 over the average offer. He gets more than selling to a dealer, and you pay less than market. Everyone's happy

9 June 2021, 01:38 PM	#6
Emery "TRF" Member Join Date: Oct 2020 Location: Aus Posts: 401	Market price less the cost of a service + polish I guess.

9 June 2021, 05:56 PM	#9
HK Islandboy "TRF" Member Join Date: May 2017 Location: Hong Kong Watch: AP Posts: 3,825	It is awesome to see an AP being well worn and enjoyed

9 June 2021, 08:08 PM	#10
VogelPhoenix "TRF" Member Join Date: Jun 2020 Location: Taiwan Posts: 3,592	Assuming it comes with box and papers, and known provenance via a friend, here is what I would be willing to pay: $24-25k, i.e., MSRP minus ~$5k discount for a used watch in need of TLC. Consequently, I doubt I would come to an agreement with the seller. But under no circumstances would I personally pay "market" minus a small discount for a beat-up current production watch. Are there really people here who would shell out $40k for this specimen? Lowest ask on C24 if $47.5k.

9 June 2021, 09:30 PM	#11
C_Troy242 "TRF" Member Join Date: Oct 2019 Location: Zurich Posts: 232	Eh, with that mindset of (just presuming ...) selling it bc of a bit of a market price bump, maybe shouldn't have smashed it around like that. It looks quite awful, sorry. I'm with Phoenix, the equation "market minus cost of service and polish" makes no sense to me at all ... look at a steep markdown or work to find the right type of buyer I guess.

9 June 2021, 10:50 PM	#14
C_Troy242 "TRF" Member Join Date: Oct 2019 Location: Zurich Posts: 232	Oh, that does seem more sensible, objectively. That would probably land you in the 35k range. I was definitely pricing a "don't wanna deal with it" discount, so it's a very subjective datapoint. If OP is a potential buyer that can live with the scratches (or implications of polishing them), that's entirely fair, although I contend you really have to want it to pay 30+ still.

10 June 2021, 02:15 AM	#17
cascavel 2024 Pledge Member Join Date: Jul 2018 Location: Santa Fe Posts: 1,852	Current list price - 20%.

10 June 2021, 10:08 AM	#18
Abre "TRF" Member Join Date: Aug 2020 Location: USA Posts: 441	Arrived Sent from my iPhone using Tapatalk

23 July 2021, 12:54 PM	#20
Abre "TRF" Member Join Date: Aug 2020 Location: USA Posts: 441	Bot ready to share that will info yet Sent from my iPhone using Tapatalk

24 July 2021, 12:03 AM	#22
gretch6364 "TRF" Member Join Date: Mar 2016 Location: Aspen Posts: 737	Bot = Not in his post

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