Am I crazy?

[azs.77]

Really depends on how much cash you got back. Having said that, the LVc is a beauty and you’ll always get your money back.


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[drrd]

Originally Posted by Malum

Do want you want . Who knows how much longer you can do that .

Yes indeed

[HideMyWalletPlease]

Originally Posted by drrd

Yes indeed

Lol. You people are creepy.

[goodolejr]

I don't quite understand all the people bashing the OP for "trading in gold for SS."

If he were to trade in his gold sub for an SS 5711 or Royal Oak Jumbo, would they be making the same harsh comments? Or am I missing something here?

[hnn17]

Since money isn't a problem then no trades. Keep the gold sub and add the LV. Always room in the watch box for one more watch.

[hpod]

Price is subjective ... If you love it ... nothing else matters to be honest ...

Do I think you could have got a better deal?
Definitely ...

But forecasting the near term and long term price movements of these watches is pure speculation at this point ... So I don't think you should spend your time thinking about this deal ... I think you should just enjoy the watch (if you love it) ... or try to reverse the deal / resell it quick if you don't

[HideMyWalletPlease]

Originally Posted by hnn17

Since money isn't a problem then no trades. Keep the gold sub and add the LV. Always room in the watch box for one more watch.

If my time was really worthless I would be monitoring eBay for scammers right now.

[dmash]

Originally Posted by peterpl

You traded a 116618LB for a SS Sub? LMFAO

God help us.

Insane

This post is like

‘I just traded 1oz gold for 1oz stainless with just a little cash. Am I crazy?’

[dmash]

Originally Posted by goodolejr

I don't quite understand all the people bashing the OP for "trading in gold for SS."

If he were to trade in his gold sub for an SS 5711 or Royal Oak Jumbo, would they be making the same harsh comments? Or am I missing something here?

That’s apples to oranges. That has a different value entirely as it’s a different watch with different internals. OP traded the exact same watch just in a different material/color, literally nothing else different.

[JEAJ]

If you were going to sell the gold anyway, not sure I would have done it, this is much to do about nothing, if you are happy. Enjoy the Hulk and wear it in good health.

[No SUBctitute]

Originally Posted by HideMyWalletPlease

It was a grail when I obtained it but in the watch game, people don’t really know what they want until they own a few things. If you care to hear the opinion of someone who’s actually owned this grail watch, I can tell you that the submariner doesn’t really function that well in gold. The submariner functions better in stainless steel. The Daytona feels very good in gold though. The ultimate watch is the Nautilis though. It is perfectly balanced in slides under your shirt sleeve when you’re wearing a suit.

Doesn't function well as its imbalanced?

Originally Posted by HideMyWalletPlease

I agree it is sad. Oh well, when Porsche made it too difficult to buy a GT3 I discovered that buying a Ferrari was even easier, so life goes on.

Porsche did. But my buddy, believe it or not, bought a GT3RS with no purchase history and no evidence of currently being in the super car club. He just called scores of dealers and talked his way into one.

Originally Posted by HideMyWalletPlease

Whatever dude, my least special car is Porsche. Another example of low class. It seems like the high net worth people over here are very civilized and a lot of the other people are not

I have to say, I've met HNPs that are kind and generous and come that are jerks. I've also met indigent people that are kind, happy, and generous, and some that are jerks.

Originally Posted by HideMyWalletPlease

I hear what you’re saying but used subs are retailing at 30k. I’m not a retailer and have no interest in retailing it. The trade price is 25-26k. A buyer like Bobs Watches was at 25. I got some cash back on the deal. I still overpaid for a hulk though. 21k. Keep in mind it never been worn before and I decided to buy the watch at the peak of its price.
I agree with you on everything else. You win some you lose some.

SO, even though you said you wouldn't tell us, the AD gave you 5k cash. Probably a fair price for the trade and a fair price at in TODAY's market for the Hulk.

Originally Posted by HideMyWalletPlease

I’m ok with anyone saying it’s a bad trade. However, you’re very disrespectful. Maybe your lack of manners is the reason why you drive a 996, the worse 911 ever produced which hasn’t been produced since 2004. Yet, you’re so proud of it that’s it’s your screen name. See, I hate stopping to your level.

Haha. Ah, man, even if you thought he was rude, you may be insulting this guy's grail. We can be nice even to people we think aren't.

Originally Posted by HideMyWalletPlease

Also, if gold moves that much, this watch deal won’t be my biggest problem in life. Lol.

Meaning you think that a move higher in gold may indicate that economy or the stock market crashed?

[Burlington]

Quite honestly - why worry about it.

At worst you’re down a few k, at best you’ve got a pristine example of a popular modern watch.

Chuck it in a safe for 20 years and you may well have the last laugh.

You can re-buy a gold sub anytime should you want to.

[horseShu]

I'd say a SS sub is more versatile than a gold one. So that's a good thing for me.

As for the price, well the dealer is happy , he's happy. I'd say that's a win.

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[HideMyWalletPlease]

Originally Posted by JSolution

Looking for a 5711r for my next one. Decided I don’t want to let anything go so going to earn a touch more money first :)

You have great taste! 5711r is the watch I want most and as soon as possible.

[alphadweller]

Worst time to buy a Hulk IMHO, I would have waited for price to settle down, but that's me, whatever makes you happy.

[MrMercedes]

Originally Posted by Rolex74

If you are happy that is what counts, but I would not trade 18K gold for Stainless Steel

[Uggi]

Originally Posted by Burlington

Quite honestly - why worry about it.

At worst you’re down a few k, at best you’ve got a pristine example of a popular modern watch.

Chuck it in a safe for 20 years and you may well have the last laugh.

You can re-buy a gold sub anytime should you want to.

Agree with this.
The LB is an ugly, in-yer-face watch which you can replace anytime. The Hulk is a beauty on the other hand. Who cares what metal it's made of? Buy what you like to look at.

[goodolejr]

Originally Posted by dmash

That’s apples to oranges. That has a different value entirely as it’s a different watch with different internals. OP traded the exact same watch just in a different material/color, literally nothing else different.

So if someone trades in TT Daytona for an SS Daytona, is that poor judgment as well? Like you said, exact same watch, just different material/color.

[dmash]

Originally Posted by goodolejr

So if someone trades in TT Daytona for an SS Daytona, is that poor judgment as well? Like you said, exact same watch, just different material/color.

IMO yes that is crazy and I’d never do that trade. But I’d never pay more than 10% over retail, so my opinion may differ over somebody else’s who would pay Grey pricing. I’m even more biased by the fact that I think the TT Daytona white dial is the best looking Daytona out of the lot

[goodolejr]

Originally Posted by dmash

IMO yes that is crazy and I’d never do that trade. But I’d never pay more than 10% over retail, so my opinion may differ over somebody else’s who would pay Grey pricing. I’m even more biased by the fact that I think the TT Daytona white dial is the best looking Daytona out of the lot

Fair enough. Enjoy your the rest of your weekend and holiday. Cheers.


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[mml4]

All depends on how much cash you got in the deal. Was the watch you received really never worn? In the end if you are satisfied thats' all that counts. Wear it in good health!

[zjd168]

lots of comments were based on the claim that OP traded a YG sub for the HULK, sounds crazy but it wasn't exactly the case here.

There appears two deals happening at the same time:
21k to buy a BNIB Hulk
~25k YG Sub trade in value

The price for the Hulk, though crazily high historically, is actually the current low end market price, and many buyers also paying that right now.

For the trade in, private sell can probably fetch a few thousand more, however not everyone has the time or guts to deal with all the hassles and risks. Also the OP is dealing with a PP AD with the potential to get very desirable Rolex/PP pieces in the future. If that can indeed happen, then a few thousand $ "loss" of this deal will be considered as a totally negligible small investment.

The current Hulk price might be crazy, but the price of the 5-dight Kermit NOS or flat 4 is even higher so who knows. But if look at the big picture in OP's case, the deals did not look as crazy as some people think.

[dmash]

OP should have also taken into account gold’s meteoric rise affecting Rolex PM pricing (as shown in this thread: https://www.rolexforums.com/showthread.php?t=762610). It makes his trade even nuttier than already mentioned.

[Kigan]

Originally Posted by peterpl

you traded a 116618lb for a ss sub? Lmfao

god help us.

+1.

[HideMyWalletPlease]

.