When can I sell my AP ?

[salnuaimi]

Hi,

Unfornatelly the boutique here in Dubai was very blunt about my chances to get " ever" a jumbo let a lone a skeleton .

Currently I own 3 APs :

1- 41MM blue dial 15500st
2- 38mm Chronograph blue panda 26315ST
3- 33mm Ladies RO diamond bezel white dial .


I reached a dead end with the boutique and they requested me to buy at least 7 more pieces / 3 of them needs to be gold and code 11:59 to be considered.


So my question is if I decided to do sell one of my pieces? when is the acceptable time by AP to sell any of my watches and to buy from grey ? Specially the blue 41 will become redundant if I purchase a blue jumbo ?


Thanks and regards

[In-N-Out]

Jumbo and a blue 15500/15510 are not redundant at all. They look, feel, and are completely different.

You can sell after 2 years no problem.

7 pieces for a jumbo sound ridiculous imo, but perhaps UAE is very different with way more high net worth individuals than in other places.

I would think 2 of the three: ROO, Code, Ladies; and then both a RO, ROC…so 4 total watches would be enough for a Jumbo these days. And then perhaps 1-2 more between a ROO, Code, Ladies to get to a 15407 (6-7 total pieces)

[Reign]

Originally Posted by salnuaimi

Hi,

Unfornatelly the boutique here in Dubai was very blunt about my chances to get " ever" a jumbo let a lone a skeleton .

Currently I own 3 APs :

1- 41MM blue dial 15500st
2- 38mm Chronograph blue panda 26315ST
3- 33mm Ladies RO diamond bezel white dial .


I reached a dead end with the boutique and they requested me to buy at least 7 more pieces / 3 of them needs to be gold and code 11:59 to be considered.


So my question is if I decided to do sell one of my pieces? when is the acceptable time by AP to sell any of my watches and to buy from grey ? Specially the blue 41 will become redundant if I purchase a blue jumbo ?


Thanks and regards

Dubai boutiques are a total joke. 10 pieces to get be considered for a jumbo or double balance is just silly, it’s not like that anywhere else - they’re just milking you.

Typically, you can sell 1-2 years after buying but at you’re rate, it’s not a sustainable strategy if you’re buying to flip in the hopes that you get a jumbo / double balance. You’re better off going grey with the current depressed prices versus playing their games and not get all the brain damage and depreciation in the interim

[salnuaimi]

Originally Posted by Reign

Dubai boutiques are a total joke. 10 pieces to get be considered for a jumbo or double balance is just silly, it’s not like that anywhere else - they’re just milking you.

Typically, you can sell 1-2 years after buying but at you’re rate, it’s not a sustainable strategy if you’re buying to flip in the hopes that you get a jumbo / double balance. You’re better off going grey with the current depressed prices versus playing their games and not get all the brain damage and depreciation in the interim

Absolutely .. I think im going grey tbh .

[mickyd329]

Wow, sorry to hear that. 10 pieces to get a Jumbo is silly. I guess the wealth where you are makes the competition stiffer than other parts of the world.

[Vince_76]

Tough position, that’s quite crazy how they’re doing you. I’d keep all 3 pieces TBH. Hi Greg as previously said

[m3jasper]

Originally Posted by salnuaimi

Hi,

Unfornatelly the boutique here in Dubai was very blunt about my chances to get " ever" a jumbo let a lone a skeleton .

Currently I own 3 APs :

1- 41MM blue dial 15500st
2- 38mm Chronograph blue panda 26315ST
3- 33mm Ladies RO diamond bezel white dial .


I reached a dead end with the boutique and they requested me to buy at least 7 more pieces / 3 of them needs to be gold and code 11:59 to be considered.


So my question is if I decided to do sell one of my pieces? when is the acceptable time by AP to sell any of my watches and to buy from grey ? Specially the blue 41 will become redundant if I purchase a blue jumbo ?


Thanks and regards

Wow.

To be honest, if the boutique is telling you that you will not get what you really want from them, why does the relationship with them even matter? Just sell the pieces and get yourself exactly what you want on the grey market.

[MrBigSmiles]

I’d go grey if I were you.


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[CactusTreeFiddy]

That's total BS, sorry to hear you're dealing with that

Depending on the price at which you can sell one or more of those, Grey is totally the way

[Commandopat]

My SA told me no sooner than 2 years.

[justdate]

IMO if the watch is clearly used and the paperwork is at least from 12+ months ago, selling is not going to cause anyone any issues.

The thing that will cause a problem is buying a watch, not even using it, and selling it on within a few weeks / months in brand new condition.

That’s my opinion anyway. To be extra safe you could wait 2 years as suggested. Alternatively sell to a trusted friend / contact at a favourable price on the basis they will not resell for x amount of time.

[SLWoodster]

It's likely they looked at how hot the watches you have are and then decided they didn't make you buy enough to earn a 15500st blue or 38mm panda from them.

Your best bet is likely to use the profit from your existing watches and purchase a 15202 or 16202. Couple of my friends have done so. They paid market price but let go of their retail APROs at market price.

Second choice is to "move" out of the area and continue your relationship elsewhere who will look at that profile and say, oh yeah this guy should get a 16202 next! or at least ask for like 2 codes instead of 10.

[Willyjo]

Sounds a bit crazy from Dubai boutique. Are you dealing with someone senior?

Also, 2 years is what I understood as well.


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[Bigsoftee]

Im surprised they are saying that, I have found the guys at Mall of Emirates to be first class professionals. accommodating and never discussing sure things as "min purchases to acquire this.." Just my 2 cents. Not questioning you OP in anyway, just my own personal encounters.

[Willyjo]

Originally Posted by Bigsoftee

Im surprised they are saying that, I have found the guys at Mall of Emirates to be first class professionals. accommodating and never discussing sure things as "min purchases to acquire this.." Just my 2 cents. Not questioning you OP in anyway, just my own personal encounters.

Try Fahim or Jason at MOE. Top notch


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[Armis]

Originally Posted by Willyjo

Try Fahim or Jason at MOE. Top notch


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However, would the OP even be able to switch “relationship” to another boutique without being told “you have to start over,” or “you should continue where you started” given all these boutiques are connected?
They are all owned (co-owned?) by one guy in UAE, I believe. So I wonder how feasible. It’s very sad to read how the OP and i’m sure others in Dubai are squeezed.

[Napaswar]

41mm and Jumbo 39mm seem not to be redundant since they are different in look & feel except you don't want 2 watches with Blue dial, getting openworked would be a great choice if you can get one.

[Willyjo]

Originally Posted by Armis

However, would the OP even be able to switch “relationship” to another boutique without being told “you have to start over,” or “you should continue where you started” given all these boutiques are connected?
They are all owned (co-owned?) by one guy in UAE, I believe. So I wonder how feasible. It’s very sad to read how the OP and i’m sure others in Dubai are squeezed.

Originally Posted by Armis

However, would the OP even be able to switch “relationship” to another boutique without being told “you have to start over,” or “you should continue where you started” given all these boutiques are connected?
They are all owned (co-owned?) by one guy in UAE, I believe. So I wonder how feasible. It’s very sad to read how the OP and i’m sure others in Dubai are squeezed.

Siddiqi has they license /agency for AP, and they they consider your spend across all brands (they literally have exclusive on every major brands - AP, Rolex, PP, Moser etc). My experience w Seddiqi had always been first rate.

https://www.seddiqi.com/

I’ve never heard anything like what the OP has been asked. You should try to talk to the boutique manager directly w/o anyone else around.


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[salnuaimi]

Originally Posted by Willyjo

Siddiqi has they license /agency for AP, and they they consider your spend across all brands (they literally have exclusive on every major brands - AP, Rolex, PP, Moser etc). My experience w Seddiqi had always been first rate.

https://www.seddiqi.com/

I’ve never heard anything like what the OP has been asked. You should try to talk to the boutique manager directly w/o anyone else around.


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No more. its direct boutique now .

Seddiqi has no longer relation in terms of allocation . all my purchases from AP except the first one are not added to my Seddiqi profie.

Thanks

[salnuaimi]

Originally Posted by Bigsoftee

Im surprised they are saying that, I have found the guys at Mall of Emirates to be first class professionals. accommodating and never discussing sure things as "min purchases to acquire this.." Just my 2 cents. Not questioning you OP in anyway, just my own personal encounters.

I know the guys and my wathces were from them . And from one of the staff directly it was rejected and said even people with 10 watches cant get Jumbo or open work .

In fact they said clearly that I have no chance and there is 5000 people ahead of me and im no platinum tier ... apparently there is tiers and categories now lol

no doubt about their professionalism as they said the truth

[salnuaimi]

Originally Posted by Napaswar

41mm and Jumbo 39mm seem not to be redundant since they are different in look & feel except you don't want 2 watches with Blue dial, getting openworked would be a great choice if you can get one.

Thats exactly my thought

[salnuaimi]

Originally Posted by Armis

However, would the OP even be able to switch “relationship” to another boutique without being told “you have to start over,” or “you should continue where you started” given all these boutiques are connected?
They are all owned (co-owned?) by one guy in UAE, I believe. So I wonder how feasible. It’s very sad to read how the OP and i’m sure others in Dubai are squeezed.

Its direct AP boutique now .. not anymore with seddiqi .. I think i might had better chance with Seddiqi given my profile with them

[Henrimontgomery]

Originally Posted by justdate

IMO if the watch is clearly used and the paperwork is at least from 12+ months ago, selling is not going to cause anyone any issues.

The thing that will cause a problem is buying a watch, not even using it, and selling it on within a few weeks / months in brand new condition.

That’s my opinion anyway. To be extra safe you could wait 2 years as suggested. Alternatively sell to a trusted friend / contact at a favourable price on the basis they will not resell for x amount of time.

Agree with you. I buy watches and wear them for 6m before deciding if I like them or not. Why on earth would I endure something I got bored of to please a random human is beyond me.

[macrowatch]

I think if you buy 500k jeweled ROO, you can sell your other lesser pieces in under 2 years and no one cares. If you sell your first and only RO, you still wont get anything even after selling it after 2 years. i.e. whales can do lots of things, minnows or plankton should be careful are cashing in on the AP lotto ticket.

[GW44]

When I’m allocated my own Jumbo I don’t see it clashing with my Blue dial 15500 at all so both would absolutely stay in the collection.

They’re sufficiently different imv.

[genoxy]

That's interesting

[Willyjo]

Originally Posted by salnuaimi

No more. its direct boutique now .

Seddiqi has no longer relation in terms of allocation . all my purchases from AP except the first one are not added to my Seddiqi profie.

Thanks

Ah. Thanks for the update. Makes sense re their strategy. Still seems off what you were told.


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[lifeback88]

The boutique i was at told me they do not like it and try to keep a watchful eye on buyers. I have no intention on selling my piece, but I know alot who do. I dont know if they are serious or if it is the opinion of that specific boutique, but exclusivity is What they pride themselves on, so I would be somewhat weary. I were ever to sell I would contact the boutique where I got my time piece. This would not only give some good will but they could potentially find a buyer, too.

[srvrf]

Unless I am reading the OP incorrectly, I'd say sell whenever he would like. The only reason not to sell is to preserve the "relationship" which seems pointless if the two watches the OP wants aren't obtainable.

[Armis]

Originally Posted by salnuaimi

Its direct AP boutique now .. not anymore with seddiqi .. I think i might had better chance with Seddiqi given my profile with them

Ah, I didn’t think anything horological could happen in UAE without going through seddiqi.
Regardless, as far as selling pieces without threatening the relationship with one’s boutique, I learned something interesting from the SA that actually reminded me of Commandopat’s story in Japan. The SA was telling a story where they explained to a client that if he was planning to sell a piece they’d allocated to him then he should speak to them about it because an SA can make a notation in their record, as opposed to the SA getting notified that there’s been a change in ownership (per warranty registration) to the surprise of the SA. Commandopat did the same and his SA actually appreciated the fact he was frank and discussed it with her. So, for those who find themselves needing to sell, it is worth letting your SA know in order to preserve the relationship as much as possible.
Hope that helps someone.