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gatorray · 17 July 2018, 08:31 AM

For cars I can use KBB as a loose reference, but what about for watches? If I see something for sale in classified, how do I know if the asking price is reasonable (aside from seeing it sold within a few hours)?

rolexinfl · 17 July 2018, 08:36 AM

Research...you will see highs and lows for a specific model year, just like a car, and you need to average it.

jltait · 17 July 2018, 08:37 AM

I generally look at sold prices on the eBay and retail/wholesale spreads on Bobs Watches. The real price on preowned is somewhere in between.

Yobber76 · 17 July 2018, 08:38 AM

If it's a new watch, you can look up the MSRP on the companies site, if it is used, you can compare it to the MSRP to see the difference.
Luxury items are their own beast, the market demand for a certain watch can be more than the MSRP at times. Try to buy an Omega Speedy Tuesday, they're only available in the used market, all sold above list. The Rolex Daytona SS, new or used, all sold above MSRP unless you can get one from an AD. It depends how badly someone wants a certain watch, or how tight or loose the supply is.

THC · 17 July 2018, 08:45 AM

When they call you up on stage

Etschell · 17 July 2018, 08:47 AM

ask me and i can tell you.

Chadridv · 17 July 2018, 08:48 AM

watchrecon.com

Rolex addict · 17 July 2018, 08:51 AM

Quote:

Originally Posted by THC

When they call you up on stage

don’t forget to have your pet spayed or neutered.

drm20 · 17 July 2018, 08:54 AM

Quote:

Originally Posted by Chadridv

watchrecon.com

This!

gatorray · 17 July 2018, 09:01 AM

Thanks all! Looking at the 116610lv.

Quote:

Originally Posted by Chadridv

watchrecon edit: cannot post link yet

Especially helpful, thank you

D O C · 17 July 2018, 01:42 PM

From looking at hundreds of classifieds.

That one you're looking at about $12K for unworn condition. Now subtract based on year and condition.

BrazenC5 · 17 July 2018, 03:17 PM

Quote:

Originally Posted by THC

When they call you up on stage

Hahaha...first thought goes here.

Sent from my SM-G920V using Tapatalk

beshannon · 17 July 2018, 09:09 PM

Quote:

Originally Posted by gatorray

For cars I can use KBB as a loose reference, but what about for watches? If I see something for sale in classified, how do I know if the asking price is reasonable (aside from seeing it sold within a few hours)?

What makes you think KBB is even close?

Only lots of data points can give you the answer you seek.

AK797 · 17 July 2018, 09:26 PM

Chrono24 or watchrecon.

gatorray · 17 July 2018, 11:59 PM

If I see an 116610lv, or a stainless skydweller, or the new Pepsi for MSRP at a Rolex boutique. Should I immediately buy, since they’re always sold on the secondary market at way above MSRP?

Rolex addict · 18 July 2018, 12:02 AM

Quote:

Originally Posted by gatorray

If I see an 116610lv, or a stainless skydweller, or the new Pepsi for MSRP at a Rolex boutique. Should I immediately buy, since they’re always sold on the secondary market at way above MSRP?

Do you really want one of those?

TRM · 18 July 2018, 12:24 AM

How do I know if the price is right?

Ask Monty Hall.

MonBK · 18 July 2018, 01:01 AM

Quote:

Originally Posted by TRM

How do I know if the price is right?

Ask Monty Hall.

Not at all but Bob Barker would have told you.

Burlington · 18 July 2018, 01:45 AM

Question yourself - is it worth it to you ?

pjaffe · 18 July 2018, 01:46 AM

Some of the prices I see for BLNR's now are insane! $11.5k? $12k!? I guess if the market will tolerate it..

gatorray · 18 July 2018, 02:19 AM

Quote:

Originally Posted by Rolex addict

Do you really want one of those?

Yes. I’m ok with buying one and not being able to sell for more than what I paid. But if I see a Pepsi for MSRP from boutique why not flip it?

17 July 2018, 08:31 AM	#1
gatorray "TRF" Member Join Date: May 2018 Location: USA Posts: 14	How do I know if the price is right? For cars I can use KBB as a loose reference, but what about for watches? If I see something for sale in classified, how do I know if the asking price is reasonable (aside from seeing it sold within a few hours)?

17 July 2018, 08:47 AM	#6
Etschell "TRF" Member Join Date: Dec 2013 Location: FL Watch: platinum sub Posts: 15,884	ask me and i can tell you. __________________ If you wind it, they will run. 25 or 6 to 4.

17 July 2018, 08:48 AM	#7
Chadridv 2024 Pledge Member Join Date: Oct 2014 Real Name: Chadri Location: LI, NY Watch: 116610LV Posts: 11,343	watchrecon.com __________________ - i͞n͟s͞t͟a͞g͞r͟a͞m͞ @ⓒⓄⓁⒹⓒⒶⓈⒺⓦⒶⒶⓉⒸⒽⒺⓈ

17 July 2018, 01:42 PM	#11
D O C "TRF" Member Join Date: Jul 2010 Real Name: Jim Location: US Watch: Rolex 116710LN Posts: 599	From looking at hundreds of classifieds. That one you're looking at about $12K for unworn condition. Now subtract based on year and condition. __________________ ROLEX 116710 LN GMTII "Random" ROLEX 16710 GMTII Pepsi "P" ROLEX 16622 SS/PL YM 29mm "V"

18 July 2018, 01:45 AM	#19
Burlington "TRF" Member Join Date: Nov 2017 Location: Europe Posts: 5,634	Question yourself - is it worth it to you ? __________________ “My tastes are simple; I am easily satisfied with the best.” ― Winston S. Churchill

17 July 2018, 08:36 AM	#2
rolexinfl "TRF" Member Join Date: Aug 2017 Location: FL Posts: 663	Research...you will see highs and lows for a specific model year, just like a car, and you need to average it.

17 July 2018, 08:37 AM	#3
jltait "TRF" Member Join Date: May 2018 Real Name: Jared Location: Westchestah Watch: 116200 Posts: 814	I generally look at sold prices on the eBay and retail/wholesale spreads on Bobs Watches. The real price on preowned is somewhere in between.

17 July 2018, 08:38 AM	#4
Yobber76 2024 ROLEX DATEJUST41 Pledge Member Join Date: Jan 2018 Real Name: Mike Location: Illinois Watch: BLNR VTNR PAM 915 Posts: 1,739	If it's a new watch, you can look up the MSRP on the companies site, if it is used, you can compare it to the MSRP to see the difference. Luxury items are their own beast, the market demand for a certain watch can be more than the MSRP at times. Try to buy an Omega Speedy Tuesday, they're only available in the used market, all sold above list. The Rolex Daytona SS, new or used, all sold above MSRP unless you can get one from an AD. It depends how badly someone wants a certain watch, or how tight or loose the supply is.

17 July 2018, 08:45 AM	#5
THC 2024 ROLEX DATEJUST41 Pledge Member Join Date: Jun 2013 Real Name: Tom Location: Mandeville La Watch: 16610M Posts: 10,479	When they call you up on stage

17 July 2018, 09:26 PM	#14
AK797 2024 Pledge Member Join Date: Feb 2010 Real Name: Neil Location: UK Watch: ing ships roll in Posts: 59,220	Chrono24 or watchrecon.

17 July 2018, 11:59 PM	#15
gatorray "TRF" Member Join Date: May 2018 Location: USA Posts: 14	If I see an 116610lv, or a stainless skydweller, or the new Pepsi for MSRP at a Rolex boutique. Should I immediately buy, since they’re always sold on the secondary market at way above MSRP?

18 July 2018, 12:24 AM	#17
TRM Banned Join Date: Sep 2017 Location: Kansas Posts: 289	How do I know if the price is right? Ask Monty Hall.

18 July 2018, 01:46 AM	#20
pjaffe "TRF" Member Join Date: May 2016 Location: atlanta Posts: 159	Some of the prices I see for BLNR's now are insane! $11.5k? $12k!? I guess if the market will tolerate it..

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