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Old 17 February 2020, 06:24 AM   #1
chiscott_29
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Join Date: Jul 2019
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Watch: Rolex, ALS, Omega
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5196p at AD?

Hi,

I’ve been lurking around for a 5196p in the secondary market. It’s pretty thin pickings out there, particularly for something <5 years old, black strap, B&P, etc. So, I’ve looked at the AD.

What’s a reasonable discount on this watch from an AD? I’m guessing it’s likely small, but I can’t understand how this watch moves at full retail and an immediate 35%+ haircut. I’d think there has to be some room.

I’m contemplating the value of starting a relationship with a local AD, and I’m not naive that I’m getting a call for a SS model in this environment. But, I’m looking at the long game and wondering if this is worth it, or just be patient and stay on the secondary market.

Always love to hear the thoughts of the community.

Thanks!


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