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18 August 2017, 11:11 PM | #1 |
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Trading watches with Patek ADs
Are you aware of any Patek Philippe ADs in the US, Europe or Latin America which might take second hand watches (such as Rolex) as part of the payment for brand new Patek Philippe watches? Thanks
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18 August 2017, 11:20 PM | #2 |
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Check Beyer in Zurich. They are Patek AD. They have "commission watches". As per their website : "when buying a new watch, you have the opportunity to trade in pre-owned watches in good condition"
I have not done it and been directly in touch with them so cannot tell you more. |
18 August 2017, 11:21 PM | #3 |
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Most do including watches of Switzerland....but u bleed a lot on a trade in
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18 August 2017, 11:37 PM | #4 |
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I asked NYC boutique if they had any preowned pieces...the salesman almost threw me out.
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18 August 2017, 11:40 PM | #5 |
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I know a couple...But as others have stated valuations of your "trade" pieces are not always very aggressive - It also depends on the deal - what you are trading and what you are buying.
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18 August 2017, 11:49 PM | #6 | |
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would have been doing you a favor. That place is stuffy as chit. JJ I know govberg will. Give George a ring. You'll take a bath though. Why not sell yourself?
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19 August 2017, 12:47 AM | #7 |
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Most ADs I've talked with have "dealers" to which they flip many trade-ins. Some ADs will keep popular references to resell (buy cheap-sell high). In either case, the money flowing your way on the purchase of your watch will not be pretty.
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19 August 2017, 01:01 AM | #8 |
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Sell it here on TRF and cut out the middleman. Buyer and Seller will both do better.
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19 August 2017, 01:14 AM | #9 |
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Yes mine would but def killed on trade value. They'll service any watch that comes in, then need to markup for their profit...the trade value wouldn't be pretty.
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19 August 2017, 02:30 AM | #10 | |
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Of course, resale or trade-in value depends on the watch you are looking to sell. You should get a decent price on most SS Rolex sports watches, but PM Rolex watches will take some loss. |
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19 August 2017, 02:58 AM | #11 |
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The local AD here in San Diego that I'm on the list for the 5711 takes in trade ins....CJ Charles in La Jolla. That said, I've got better options than selling through them imo.
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19 August 2017, 04:41 AM | #12 |
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My local AD in San Francisco will (my wife and I have both traded with them). You won't get the same price as if you sell a watch yourself but it will be a fast and easy transaction.
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19 August 2017, 04:55 AM | #13 |
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My AD takes in trades, pm me if interested.
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19 August 2017, 07:22 AM | #14 |
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Thank you all. I am quite surprised, as I thought almost no PP ADs would take on used watches. I am reconsidering my collection and want to part with some watches I do not wear any longer. No doubts I will lose value in the trade, but I prefer this to selling directly (not too keen on announcing the watches, answering many inquiries, bumping offers, negotiating, arranging shipping, etc). Ideally, I wish I could just take some 3 or 4 watches to a Patek Philippe AD, get an ‘acceptable’ offer for each, pay the difference and leave the store with a nice, brand-new 5712, 5726, 5396, 5146 or 5205 with my name on the certificate.
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19 August 2017, 07:46 AM | #15 | |
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Are they steel or PM? Rolex or other?
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19 August 2017, 08:02 AM | #16 |
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Get the Govberg app and you can submit pictures and info online and they will give you a trade or buy outright price. It's very easy.
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19 August 2017, 08:03 AM | #17 | |
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Quote:
Rolex, AP, Hublot, etc. I own many watches that I don't wear much. Less is more for me now, so I wouldn't hesitate to put many watches in the trade to pick one of the PPs I mentioned (A, G or R), even if I still needed to put cash to complement. But buying another watch without moving those previously loved pieces is becoming increasingly harder to justify (to myself). |
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19 August 2017, 09:19 AM | #18 | |
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Understood. Also to correct myself above I meant to say waitlist if you DO want 1A. Govberg is a good option for you but it could be cheaper via Thanh or David. Steel Rolex and AP are pretty easy to move provided you price them aggressively. Unfortunately this means well below trusted sellers and just above trade in. Good luck!
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19 August 2017, 04:42 PM | #19 | |
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I dont know, but I would have guessed the other way around. Personally, I prefer the /1A so that would be better news for me if i am reading this correctly. Edit: never mind, i just read your followup. |
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