Just Lost $3000 Of Profit, And Frankly...

[garyk]

Originally Posted by enjoythemusic

Just lost $3000 of profit, and frankly i don't give a damn!

Using the proper Rolex tool of course, so no scratches and no bow-tie screw head! Simply heat up the area a tad bit and off ya go with the proper Rolex screwdriver

So..... FINALLY today i had time to take out a couple of links at the 6 o'clock side (keeping Easylink closed) and she fits great! Wear 'em and enjoy your time.

What does a proper Rolex screwdriver look like and where do I get one?

[enjoythemusic]

Originally Posted by Mystro

Awesome score OP.
Yes, the few grand either way on a luxury time piece use to not even be spoke of as it being vulgar and insignificant to the ownership experience. How times have changed.

Yes, and c'mon we ALL KNEW this was a HUGE bubble. Have been collecting for decades and have seen the ups and downs a few times over the years. This recent bubble was the worst ever in history as far back as i can remember. Flippers were greatly 'interfering' with enthusiasts such as myself who love 'em and wear 'em.

i ignore it all and just keep enjoying my hobby as possible.

BTW, my collection includes desk clocks, vintage MIL plane mechanical time-keepers, a Grandfather clock hand-built to my specs using upper elevation Pennsylvania cherry wood i commissioned back in 2002 including hand-painted dial bits to my specs by an amazing artisan....

It's all about enjoying your time

Originally Posted by garyk

What does a proper Rolex screwdriver look like and where do I get one?

Always happy to help. The 1.7mm tip (the one in the center of second pic) is the most-used.

https://www.esslinger.com/horofix-sc...tips-included/

[datejustrms]

Congratulations! Looks great!

[Duey]

Nice

Looks like MSRP watches are the new normal. And I think the days of -$3k for sizing a bracelet are over for good. Soon it will be back to 2009 when a pre-owned Daytona was less then MSRP when you wanted to flip it.

[Chadridv]

Congrats! Happy to hear you will be enjoying the watch to the full extent.

Interestingly, it’s funny to hear you (irreverently) say you lost $3000 in profit. I can’t quite pinpoint why this has always been amusing to me but here goes...

When you buy a Daytona at retail, the decision to keep it and wear it technically costs you almost $10k in flipping profit. There’s a long-standing argument that no one should ever pay a dime over retail. Of course there are some arguments over ethics of flipping, but largely it’s predicated on spending the additional money.

Excluding the other sub topics up for debate, I will just say, if one values that additionally 10k (market value) so much to not pay, couldn’t the same argument be made that it’s almost irresponsible not to flip the watch for profit, if you find the monetary value to be equal.

First off, I’m on day 19 of quarantine lol so I’m basically hallucinating, secondly, this topic is excluding all other factors of the topic, such as the principles ethics of flipping, the value of your AD relationship, etc. just a singular focused idea that I always found thought provoking. Or I could be delirious haha.

[Rolex3135]

Originally Posted by Duey

Nice

Looks like MSRP watches are the new normal. And I think the days of -$3k for sizing a bracelet are over for good. Soon it will be back to 2009 when a pre-owned Daytona was less then MSRP when you wanted to flip it.

And my comment gets flagged?

[enjoythemusic]

Originally Posted by Chadridv

Congrats! Happy to hear you will be enjoying the watch to the full extent.

Interestingly, it’s funny to hear you (irreverently) say you lost $3000 in profit. I can’t quite pinpoint why this has always been amusing to me but here goes...

First off, I’m on day 19 of quarantine lol so I’m basically hallucinating, secondly, this topic is excluding all other factors of the topic, such as the principles ethics of flipping, the value of your AD relationship, etc. just a singular focused idea that I always found thought provoking. Or I could be delirious haha.

First, hope you feel better and all is fine with you soon.

You make good points and this bubble has been BRUTAL per se for normal mechanical watch enthusiasts. We had reports of people being flown (by grey dealers) around airports with pics of watches to buy, etc.

Crazy times indeed!

Ethics aside, it was a bubble market, and that WAS no hallucination. Now we see the other side as the bubble pops and have a feeling we'll be seeing many timepieces for sale, sadly barely ever to never worn, coming into the market for a fast sale before prices drop below what they paid for them. So 'soon' it will be a buyer's market as things get back to some semblance of 'normal'.

jmho

[WatchNutcase]

This is a keeper for life, re-sale value is irrelevant!

[RyanO]

Originally Posted by garyk

What does a proper Rolex screwdriver look like and where do I get one?

I just bought one by Horotec with the special bit so that Incan size my own watch since my AD is closed for the foreseeable future.


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[opaline460]

Congrats, now it’s $18k like new condition.

[AK797]

Looks much better on your wrist than on the ticker tape wall of watch prices.

[Rohan1806]

The white dial looks spectacular! Congratulations!

[schoolboy]

Originally Posted by enjoythemusic

It's a bit snarky... because it is worth more to greys if i never resized the bracelet and never wear the timepiece. Forget that, she's a keeper and i wear 'em like beaters

PS: For my eyes, the white dial is the only one i can see well, except for the Everose with cream dial which also rocks!

I like the point of view and want to congratulate you

[KBM]

Way to go, Steve, it's one of the best. Cheers!

[carl5]

Big congrats and a beautiful watch.

[EEpro]

Originally Posted by kauebm

Way to go, Steve, it's one of the best. Cheers!

Great pic!. The white dial really needs direct light and high contrast to see its amazing beauty.

[enjoythemusic]

Originally Posted by EEpro

Great pic!. The white dial really needs direct light and high contrast to see its amazing beauty.

Agreed, WOW that's an epic pic!

[Bladeshot]

Size it and wear it! Yeah!
Beautiful piece.

[Roli4life]

Congrats on wrangling a panda unicorn !
Glad I’m not the only guy who actually wears his watches.

[AJM914]

Congrats!

[sensui]

Really beautiful reference. Congrats again.

[BNA/LION]

Cheers & Enjoy!

[ikincooper]

Looks awesome, enjoy


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[jonzm]

Congratulations on your new pick up, wear in good health.

[garyk]

Originally Posted by enjoythemusic

Yes, and c'mon we ALL KNEW this was a HUGE bubble. Have been collecting for decades and have seen the ups and downs a few times over the years. This recent bubble was the worst ever in history as far back as i can remember. Flippers were greatly 'interfering' with enthusiasts such as myself who love 'em and wear 'em.

i ignore it all and just keep enjoying my hobby as possible.

BTW, my collection includes desk clocks, vintage MIL plane mechanical time-keepers, a Grandfather clock hand-built to my specs using upper elevation Pennsylvania cherry wood i commissioned back in 2002 including hand-painted dial bits to my specs by an amazing artisan....

It's all about enjoying your time




Always happy to help. The 1.7mm tip (the one in the center of second pic) is the most-used.

https://www.esslinger.com/horofix-sc...tips-included/

Thank you so much!!

[enjoythemusic]

Originally Posted by garyk

Thank you so much!!

Thank you and everyone here on TRF

Look fwd to TRF getting back to more mechanical timepiece love posts and far fewer topics about value and flipping.

[garyk]

Originally Posted by enjoythemusic

Thank you and everyone here on TRF

Look fwd to TRF getting back to more mechanical timepiece love posts and far fewer topics about value and flipping.

+1