Oh god no, not that one!
J/K - nice purchase. For your sake I hope it doesn't open the pandoras box that is a watch hobby.
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You seen the drama of the barstool sports guy trying to sell watches to his fans for $2400 and getting called out for them being generic parts-bin quartz watches with a huge markup?
https://www.highsnobiety.com/p/dave-...watch-company/
I'm here for the watch stoke from the maggotry.
I'm sporting this today. It's vastly underappreciated, loaded with value, and neat features.
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^ Nice
That’s a really cool Speedie, what’s the story on it?
It's a Mark II re-issue. A faithful recreation of the MkII that Omega followed the original Moonwatch with, only for NASA to keep the original flight qualified. Omega sold it as the MkII and about six or seven years ago, they re-issued it with an automatic movement, a date window, and 100m water resistance.
It's one of my favorite watches with its graceful bracelet and micro-adjust clasp. And the tonneau case and orange highlights have it more interesting than your normal moonwatch or diver.
So Rolex has gotten into the CPO Rolex business. I guess you have to get money from the used high end watch market too. (Apologies if this has already been posted. Too lazy to read everything.)
https://www.rolex.com/buying-a-rolex...pre-owned.html
Rolex pre-owned shop: https://www.rolex.com/en-us/buying-a...%20pre%20owned
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Indeed. Lots of speculation as to why. The general consensus seems to be settling on getting and keeping buyers in the Rolex eco-system. They buy a watch, either new or CPO, then, when their desired watch comes in, they can trade their watch for a new one and Rolex keeps them and the money in their ecosystem.
I suspect that they see the second-hand market robust and durable enough to carve out their space.
Re-commerce is the new E-commerce.
Most importantly, they keep you in the brand, provide a service by selling it for you (or buying it back), and best of all, they make that margin in the resale instead of a 3rd party marketplace that might devalue their brand.
Nike, Lulu, Arc, Patagonia, Canadian Goose, On Running, Adidas....you name it, they all keep it in house now.
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Why CPO?
Too many Nigerian Rolex watches on fleabay. Or NYC street corners.
I've come into possession of a Blancpain GMT that I really don't have any interest in holding on to and would like to turn it into cash (not interested in a trade) and frankly have no clue which way I should go to try and offload it for as much $ as possible. Would prefer a recognized online marketplace that has a good track record and low as possible fees/commissions as opposed to taking it to the local Swiss watch buyer - I have to figure larger reach, better competition, etc. has to be more favorable online these days.
Anyone have any experience selling a nice piece online? Any issues, advice, cautionary tales you may have would be appreciated.
I don’t have personal experience but my brother has transacted in a few. Said he used to use forums but went with Chrono24 for his last transaction and would recommend it.
He also asked out of curiosity if it was a fifty fathoms?
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r/watchexchange on Reddit is a decent option but not sure what the current steps are to authenticate yourself. If you haven’t been on, it’s not a “bidding” scenario either so you just set your price. But you can name your payment method and you will hit a ton of eyes.
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This sounds like a job for Bobby Stainless…
fact.
Watch out, you may end up buying a piece or two.
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Bob's Watches also seems to have a huge presence online for buying/ selling.
If nothing else you can price compare there to find your asking price
Wristwatch. Crisco.
https://youtu.be/RrKKt6NprVM?si=8Xu6UhXOsviyhClv
speaking beyond rolex, they often are same factory ime. it’s like informal brand management in fashion space in a lot of ways
If one values time one does knot buy watches.
I have a pretty good fake that was given to me as a gift, kind of a joke. It was only a couple hundred bucks. It has a very obvious giveaway, the dial is inscribed with some text that’s not appropriate to this specific model. Other than that, I don’t know enough to tell from the rest of the watch. Never had anyone with any real knowledge look at it.
Wearing it a little is actually what makes me want a real one. I have a pretty small and inexpensive watch collection, mostly a couple Tags given to me by my father, but a Rolex would be special.
I think the history, the lineage of the company, the details of what they make…. it’s either something you appreciate or you don’t. Certainly more common in certain circles.
I still have the Blancpain. I wore it twice, realized that it is a very handsome watch, but its best worn with suits and I don't wear suits. I'll probably look back into offloading it before the holidays so I can justify the annual spending binge with a slightly lighter conscious.
I think I posted something about it upthread, but my family has always used watches to mark real big occasions; has been that way for at least 3 generations. My Dad, God rest his soul, always made it into a big bonding event. He'd take me or my sisters or my mom or whoever was marking a milestone to the boutique and look at all the different models, faces, bezels, bracelets, etc. to make sure you got what you wanted (within reason of course) because he wanted you to know that the occasion you are marking was a big freakin deal, that he cared deeply about you and was proud of you. It wasn't meant to be flashy, he knew it was something that would last you a very, very long time.
Way back when we had our trip to the boutique I chose a gold/stainless Datejust with a white face and gold roman numerals because it looked a lot like one he had back in the day and damn if I wouldn't do anything to end up half the man he was. It reminds me of him every single time I put it on my wrist.
So yeah, that's a lot of words to say that a nice watch, Rolex or not, matters to some people, I count myself among those people.
My dad was similar. Bought me a Heuer pro SS for graduation. I now have his two tone of virtually the same watch he gave me about a month before he passed away last February. A few months later my first and only child was born. I’d like to commemorate this year with my first Rolex. He and my uncle both cherished Rolexes (both passed last year) although I think they may have been sold and repurchased when times got hard.
My first heirloom item was passed down to me from my paternal grandfather, an Elgin pocket watch with some story of a conductor for the railroad in the family.
I’m going very entry level on this watch. I feel more comfortable having something on my wrist I could easily replace.
Definitely use that Reddit group when you get ready to move the Blancpain. As long as you price it between wholesale and retail it will move. If you don’t know what wholesale price is email Bob’s watches and see what they’ll give you for it wired in your account today. Then see what they’re selling for, split the difference is my strategy. Hence gray market ::wink::
Oyster thread is over there >>
There's something to the heritage and heirloom nature of watches. I have my great grandfather's (passed) Elgin pocket watch from the 20s and the engraving on the back is so worn you can barely see it. He must have carried it every day. I carried it for my wedding and a few other special occasions. Just received my grandpa's Elgin wrist watch from the 50s as a birthday gift from my grandpa. He wore it hauling cattle and the crystal is so cracked and yellow you can barely see the hands. They both still keep time when wound. I wear my dad's (passed) Seiko occasionally and there's something about wearing it that just feels good. I hit a career goal last year and bought a nice watch to commemorate it. Hope someone likes wearing it someday when I'm gone. My buddy's pops just passed and he was home for a bit. He had a new watch that I recognized from a pic of his dad. He said he might never take it off. His brother got the other watch.
My fake is the discontinued Oyster Perpetual 39 mm case with the Rhodium dial. I absolutely love it, but rarely wear it cause it irks me that it’s fake. That would be my first choice, but the best deal I’ve found on a near mint one is $8,500.00. -that’s painful when a new one is $6,400.00
Post up if you find someone to service it. I've loosely been searching and definitely no one local to me who would.
I almost sent mine to a dude down in Portland. He works out of his house, seems to know his stuff and be reasonably priced. I'll shoot him a text and see if he's still working on them. Here's a couple of photos of mine....
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Expensive watches make no sense from a strictly functional standpoint. Isn't the question really why are you wearing it? To make you feel better about yourself, to make other people feel a certain way about you, or both? Different types of people will have completely different reactions to a guy wearing a Rolex. I always wonder what is your motive other than shouting "I have a shit load of money."