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/
^ Nice
That’s a really cool Speedie, what’s the story on it?
I still call it The Jake.
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
"We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch
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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"All God does is watch us and kill us when we get boring. We must never, ever be boring."
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 still call it The Jake.
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.
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