ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
10 May 2021, 05:42 AM | #1 |
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"Honestly, don't sell it"
Walked into/called a couple of ADs last week to get a sense of what kind of trade-in value my 16570 would fetch. Two of them (one in-person, one on the phone) essentially said: "Don't sell it, it's discontinued and will only go up in value."
The in-person had made a very low-ball offer (given that mine has box/papers and 3186). My assumption was that they just aren't that interested in trade-ins at the time but is the old Explorer II becoming genuinely collectible? My second assumption was that the recent rise in value had less to do with the collectability of the watch, and more to do with the old version being a "third best" when new ones or pre-owned current models weren't available. So, either it's the exact right time to sell one, or the exact wrong time... Any of the serious collectors care to share thoughts (in general, not looking to discuss pricing specific to mine in any way here)? |
10 May 2021, 06:12 AM | #2 |
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Any older Rolex is perceived an investment now. And they likely don’t want to insult you but still want to sell to you in the future.
Make sense that they’d say that rather than risk losing people on trade and wholesale values vs perceived resale values. Keep it simple. |
10 May 2021, 06:14 AM | #3 |
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I prefer the keep it option.
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10 May 2021, 06:15 AM | #4 |
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Most dealers are always for a freebie and to screw you.....hence the lowball offer for a 3186 full set
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10 May 2021, 06:37 AM | #5 | |
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Quote:
Curious how much they offer? Sent from my iPhone using Tapatalk Pro
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Francisco ♛ 16610 / 116264 Ω 168.022 / 2535.80.00 / 2230.50.00 Zenith 02.470.405 Henry Archer Eclipse 2FA security enabled |
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10 May 2021, 09:39 AM | #6 |
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Your class is showing.
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E |
10 May 2021, 09:53 AM | #7 | |
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Quote:
An AD makes about 40% profit on a new Rolex, think a lot of grey sellers would settle for such margins.
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Day Date 18238, Yachtmaster 16622, Deepsea 116660, Submariner 116619, SkyD 326935, DJ 178271, DJ 69158, Yachtmaster 169622, GMT 116713LN, GMT 126711. |
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10 May 2021, 10:02 AM | #8 |
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10 May 2021, 01:48 PM | #9 |
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10 May 2021, 02:20 PM | #10 | |
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10 May 2021, 05:51 PM | #11 |
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Take it on the chin if you must but you don’t have to take the Forum down to your level.
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10 May 2021, 07:21 PM | #12 | |
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Trouble is consumers want to have their cake and eat it - be paid top dollar when they sell, and pay rock bottom when they buy. Anybody that wants a larger slice of the pie is free to sell the watch privately themselves. |
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10 May 2021, 08:41 PM | #13 |
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Sell in haste, repent at leisure.
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10 May 2021, 08:44 PM | #14 | |
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Right up until the, 'language'. |
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10 May 2021, 08:54 PM | #15 | |
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10 May 2021, 08:57 PM | #16 | |
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10 May 2021, 09:20 PM | #17 |
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My experience is varied depending on who I am trying to deal with. I have found that one local AD is very fair in valuation of watches but several others are less so. I believe that a lot of retail sellers of pre-owned watches are not looking to deal with informed consumers and will move you along even if you use respect and data. I have found that across the board that our Trusted Sellers here are the best for valuation of preowned pieces and most are spot on. The challenge is when dealing with buyers you must evaluate your watch for true value, not some blown up Chrono24 price. Contact a few Trusted Sellers and see what they will give you.
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10 May 2021, 09:23 PM | #18 | |
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a cake, and not wanting to eat it. |
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10 May 2021, 09:29 PM | #19 |
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Rolex: 116621, 126333, 126711CHNR, 114060, 116500LN White, 126660 JC, 126710BLNR, 126710BLRO, 116610LV, 126610LN, 126610LV, 116508 YG Green Dial, 124300 Turquoise, 126719BLRO Meteorite dial, 228235 Olive dial ,126755SARU, 116505 RG Black dial, 326934 Blue Sky D. Audemars Piguet: 15451ST Blue, 15500OR w/Bracelet, 14790SA, 14790BA, 26022BC(Salmon) Patek Philippe: 5524R, 5712G, ALS: Time Zone 136.032, Cartier: WGSA0030, WSSA0061, YG Oct. 2965, Breguet: 7137BA, MontBlanc: 109996", Seiko: SRPA21, |
11 May 2021, 12:03 AM | #20 | |
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11 May 2021, 03:44 AM | #21 |
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Black 16570 is my favorite Exp2, in fact yesterday was spending the morning with some friends, one of which has a like new one that he bought back in 2008 or so I think. I just love seeing that on him and told him how the new Exp2 has gone back to that style again, that he should NEVER sell his watch (or sell it to me if he ever decides to sell.)
I have regretted every Rolex that I sold, which has been three of them: first one was the original datejust that I traded in towards my current bluesy. At the time I was a one watch man, and couldn't justify having a nice watch sitting at home in the safe. Who does that? LOL!!! Second one was the wife's 26mm diamond dial DJ, which I sold only because she had upgraded to larger sizes and she told me she would never wear that size ever again. This one frankly I don't regret much, now that I think about it. Third one was the MK1 Exp1, which I only sold quickly because: it was wife's daily, and she changed to her daytona, and I found it was not getting any wrist time from me, and wife also suggested that for her it was kind of a boring black dial watch (so no future wrist time expected from her.) I sold it only to fund a DJ2 blue dial that was being sold locally, except my wife suggested, after I sold it, that instead of that DJ2 we shoudl look at the diamond dial DJ41 blue dial for her. Which we went and we did look (readily available in AD at the time), and she decided to think about it. Anyway, I had sold that watch and got no replacement. That I consider a BIG LOSS now. I said all this, to bring the point: do not sell your Rolex if you don't have to. And if you have to sell it, you are at the right place (here), post it up and try and sell it yourself to some well known member of this forum.
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11 May 2021, 04:44 AM | #22 |
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I’m not a serious collector, but between me and my husband we have five Rolex watches. I’d say if you don’t need the money, don’t sell it. If you have any kids, then definitely don’t sell. Other than needing the money, if you’re at that point in life where you want to pare down your possessions (I admit I’m far from that point), then if it’s a philosophical/lifestyle issue, sell it, perhaps here on TRF. Good luck!
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11 May 2021, 05:56 AM | #23 |
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To clarify, I'm only going to ADs on this since I'm considering trading it towards one or two that I'd likely wear more (and my interest is in acquiring watches from ADs instead of grey/used).
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11 May 2021, 06:20 AM | #24 |
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When I traded in my collection on the Platona, the Exp II and the SD4K were the two watches they really low balled on. I kept them and they didn't seem to notice or care. Neither of them are particularly hot regardless of how short the production run of the SD4K was. Selling on this forum is likely to get someone who actually is interested in the watch as opposed to a company that might feel burdened by it.
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11 May 2021, 06:40 AM | #25 | |
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11 May 2021, 06:54 AM | #26 |
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I still remember when my AD was thrilled to sell me my 16570 for 12% off! Also wanted to get rid of the green LV sub! Hahahahaha
Sent from my iPhone using Tapatalk
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16234 "Y" SS Datejust 16570 "Z" Explorer 2 116610LN "R#" Submariner 124270 "R#" Explorer 1 79030B Black Bay 58 |
11 May 2021, 06:56 AM | #27 |
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Bought mine during the Great Recession. 20% off. Could get a discount on anything but a Daytona, and those were available by, get this, asking... I was in a store and enquired just for fun, and the dealer basically implied he had both colors in the back if I was interested.
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11 May 2021, 06:57 AM | #28 |
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11 May 2021, 08:33 AM | #29 | |
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11 May 2021, 08:35 AM | #30 | |
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Hold onto that 16570 man.... you will miss it! Add the 124270 down the line. No rush. Sent from my iPhone using Tapatalk
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16234 "Y" SS Datejust 16570 "Z" Explorer 2 116610LN "R#" Submariner 124270 "R#" Explorer 1 79030B Black Bay 58 |
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