Selling, Swapping or Wanted Watches & Timepieces *Please read rules in 1st post**

Think thats my Sinn... great watch.. solid as a rock

@ mods I've read the opening post on this thread but not sure where this situation stands do advice below.

Business partner is selling a watch that might be of interest to some on here. He will not list it on adverts or anywhere online and has just mentioned to a goldsmith friend that supplies the market.

So can or should I post the brief details here for contact by PM only and I can then do the intros off line or is that not allowed?

Thanks

2021 Rolex Submariner 124060

124060 (no date sub 41mm) retails at €8650. I presume he has a full set. How much above retail (if anything) is he looking for? Some people on here have claimed recently that these will be selling around or just above retail now. Personally I don't believe that. I think you should be able to get a lot more than retail (at least 30% more) even in a quick private sale.

Not a hope it’s around retail price .black Steel subs will be the last to feel the pinch. You won’t buy a full set for less then €11k and be extreme lucky to get one for that .

Anyone notice the batgirl on adverts ? Seller looking for €14250 and all the adverts “watch dealers “ …. creaming themselves over it

Dont think anyone suggested they are selling at retail grey now....but give it some time and a older 6 digit sub will be in or around retail, as retail goes up and grey goes down. 11-11.5k seem about right private....chrono has mine at 13k but not a hope.

Ah those lads hoover up any bit of a bargain, and the newer lads do it fairly aggressively.

How much does he want?

Yes, the 30% above retail I suggested would make it about €11k, he might have to drop that a bit for a quick hassle free deal with a decent buyer. Or a bit more if selling to a grey dealer. What did he pay for it and when? Obviously if he bought at the height of the market from a grey dealer, he is not going to get back what he paid for it now.

Sell it on adverts. Only deal with users a few years old. That have 50 plus feedback minimum. Don’t give mobile out if possible.

Or take the easier dealer sale.

Interesting, isn't it. Definitely a hyped watch and people including dealers are falling over each other to offer about €1k under the cheapest asking price one on C24 in Europe. Goes to show there really isn't all that much negotiating room on C24 asking prices for Rolex steel sport if you take into account the C24 fee.

That €15k offered is 50% above retail. Not as high as some have sold for earlier in the year, but most certainly not a market crash. Not yet anyway 😂

Said I'd pop this up here and see if theres any interest.

https://www.adverts.ie/sports/omega-speedmaster/27497254

Selling my Speedmaster, Ref 311.30.42.30.01.005. Hesalite model, full set. Selling due to a lack of wrist time. Watch is in excellent condition - purchased from an Irish AD in 2017 and serviced last year. Keeping excellent time. Asking €5k but might be swayed by a part exchange for something more interesting😂

4K watch unless you get very lucky. Trade against another over priced watch might be easier pill to swallow.

Here is another lad also at is misguided to think it’s a 5k watch, won’t take images, and won’t allow viewing as such. Good luck with the sale there on that lol

https://www.adverts.ie/27687028

That lad is utterly deluded if he thinks that keeping it in a safe deposit box is an acceptable reason for using stock photos and knocking back viewings.

I reckon €4k - €4.5k on a private sale is about right and if I was selling? I'd be looking to crystallise that sale asap as prices are on the decline IMO.

Such modesty.

Nah I am just the master of brining it out in others via transparent self deprecation, but thanks for the positive vibes lads. If I had feelings they would be hurt.

Gents what would be a good price currently on a 2021 Submariner 41mm Date plastics still on and full set? Been offered one and hard to know is it worth buying in the current market (obviously it is more than retail!)

C'mon spill the beans, how much have you been offered it for? I agree with 893bet that about €13k would be a good price. It's under €10k retail. At that price of €13k you're probably reasonably sheltered. There's a few for sale in Japan on Chrono24 with an asking price around that level, but the cheapest one in Europe is a good bit more than that.

The above graph posted by 893 is deliberately posted to prove his point that these watches have come down in value in the last 6 months. They have. But this gives a more accurate picture of price development:

You can clearly see the watch had been more reasonably priced until the silly bubble earlier this year, which is now burst. The watch is back down almost reasonably priced again, perhaps coming down a bit further but still worth well over what it was a year ago

chrono prices are much like the inflated adverts tax

here is a funny one, someone made an offer on a watch to have a chat and long story short the person thought the photographs were from a catalogue and then started questioning how a watch can be 2 years old and in such good condition and they want to know my secret.

There are some odd people about lol i have never heard someone complaining the watch isn't battered enough

The biggest problem with 24 pricing is it’s 90 percent dealers. This distorts the market price in private sellers heads.

yeah you might have the cheapest on on C24 as a private seller. Just under the lowest dealer by 50 quid is the classics. But I can buy from that dealer direct and shave off another 5-10 percent. And they have over heads to cover and warranties etc to honour. Private sellers need to get **** real to be honest from what I see.

All this talk of “just a correction” and “market is stable for the last 11 days” stinks of denial/return to normal.

Not seeing the same pressure. I made a few reasonablish offers on a few watches on C24, for curiousity sakes . No one is desperate yet. But that will come potentially.

If this global recession occurs like it could there is potential carnage with job losses etc…..and the price of daily expenses being threw the roof (unlike 2008-12 when there was “value” around the place). But I am not a “recession wisher” like some to be clear but I think things are fine balanced in the wrong direction slightly unfortunately.