Best steals ever?

[HoboDxb]

So, I work in a retail store that buys/sells watches.

Had a customer the other day sell me a BRAND new Tudor Pelagos (blue dial and bezel) with extra straps and all, boxed and perfect. For $1200

Couple of days ago, picked up a black dial domed bezel with roulette date 116200 datejust brand new with stickers and all extras for..... $2500.

What are some of your guys steals? :)

[T. Ferguson]

Best deal I ever will get was on my first Rolex, a BNIB 16610. Bought it through a friend of mine whose dad was an AD back east. She got me the "daddy's little girl" discount...AD cost and no sales tax. While I didn't shop the price around, I doubt the grey market could have done better.

[exador]

Originally Posted by HoboDxb

So, I work in a retail store that buys/sells watches.

Had a customer the other day sell me a BRAND new Tudor Pelagos (blue dial and bezel) with extra straps and all, boxed and perfect. For $1200

Did he sell it to you or your store?

[e46DTM]

Originally Posted by HoboDxb

So, I work in a retail store that buys/sells watches.

Had a customer the other day sell me a BRAND new Tudor Pelagos (blue dial and bezel) with extra straps and all, boxed and perfect. For $1200

Couple of days ago, picked up a black dial domed bezel with roulette date 116200 datejust brand new with stickers and all extras for..... $2500.

What are some of your guys steals? :)

Are you personally buying these or are you working at a store and underpaying people a fair value on their watches based on their naivety?

[speedmaster73]

Originally Posted by e46DTM

Are you personally buying these or are you working at a store and underpaying people a fair value on their watches based on their naivety?

thats how pawn shops roll...they need to make $$....hence why most pawn shops buy from thieves or addicts......

[GB-man]

Originally Posted by speedmaster73

thats how pawn shops roll...they need to make $$....hence why most pawn shops buy from thieves or addicts......

Bingo. I don't harbor any resentment towards them. It's business.

[shawndww]

Originally Posted by speedmaster73

thats how pawn shops roll...they need to make $$....hence why most pawn shops buy from thieves or addicts......

I would not be so quick to pick on the pawnshops. Not all shops buy from thieves and/or addicts.

Our last purchase was from a Doctor who could not be bothered to go elsewhere, trusted us and returned with more.

People use pawn shops for various reasons. It is not always a last resort. In fact I know of jewelry stores (more than one) that sell to pawnshops...

Go over to the Rolex for Sale forum find some of those guys that have website that buy and sell watches. Send them a few pics and you will see that some will offer much less than pawn shops. I know I have tried. Down right rude some of the initial offers. If you provide them with a ballpark price that you want, they simply pass.

[JP Chestnut]

Originally Posted by e46DTM

Are you personally buying these or are you working at a store and underpaying people a fair value on their watches based on their naivety?

Low balling the hell out of someone doesn't seem like something to brag about. I guess the thread title was pretty apt.

[HoboDxb]

Originally Posted by e46DTM

Are you personally buying these or are you working at a store and underpaying people a fair value on their watches based on their naivety?

I am not holding a gun to anybody's head and forcing them to sell. There is a buying value and a selling value. When it is a C2B transaction, the selling value is less as we are not the end user.

Originally Posted by speedmaster73

I dont believe the tudor/rolex story.....and IF it is true it was probably stolen or someone developed a crack addiction and was in desperate need for a fix.....because no one would just sell a BNIB tudor/rolex to a 'pawn' shop under normal conditions...no way....

I will post pictures soon.

Originally Posted by RickR

And you're proud of ripping someone off or buying stolen merchandise? Wow.

Everytime somebody comes in to sell a watch, we give them our best offer. We are located in a high street with various other watch shops that buy and sell used/new watches and jewellery. Also, to prove the goods are not stolen, anyone who wishes to sell any watches/jewellery has to get a police clearance letter from the police to assure that if any watches do end up being stolen, they can be tracked.

Originally Posted by JP Chestnut

Low balling the hell out of someone doesn't seem like something to brag about. I guess the thread title was pretty apt.

As I said, nobody held a gun to the seller's head. They are free to check the market and other shops, come back and sell to the highest bidder.

[Al1969]

Originally Posted by e46dtm

are you personally buying these or are you working at a store and underpaying people a fair value on their watches based on their naivety?

x2.

[Rolex addict]

When the economy tanked, I picked up a Z serial 16622 for $4500. It was complete with all boxes, booklets, card, hang tags, etc.

[Yogi20]

Originally Posted by HoboDxb

So, I work in a retail store that buys/sells watches.

Had a customer the other day sell me a BRAND new Tudor Pelagos (blue dial and bezel) with extra straps and all, boxed and perfect. For $1200

Couple of days ago, picked up a black dial domed bezel with roulette date 116200 datejust brand new with stickers and all extras for..... $2500.

What are some of your guys steals? :)

No photos it never happened

[HoboDxb]

Originally Posted by Yogi20

No photos it never happened

Will post pics soon.

[Colin10101]

I bought my Z serial unpolished full box, papers, everything, GMT Master II 16710 in November, 2015.

I paid $6200 CAD. This is equal to $4600 USD. It was in absolutely perfect condition and had everything. The owner just didn't know how much they had risen in value recently.

[JP Chestnut]

Originally Posted by Colin10101

I bought my Z serial unpolished full box, papers, everything, GMT Master II 16710 in November, 2015.

I paid $6200 CAD. This is equal to $4600 USD. It was in absolutely perfect condition and had everything. The owner just didn't know how much they had risen in value recently.

I bought my F serial 16710 Pepsi NIB for... $3,000. That was a long time ago though.

[mtgjr]

Originally Posted by JP Chestnut

I bought my F serial 16710 Pepsi NIB for... $3,000. That was a long time ago though.

Do you still own it?

[JP Chestnut]

Originally Posted by mtgjr

Do you still own it?

Yep. Still unpolished and complete down to the bezel protector. It's easily in 95%+ condition too, with a nice bit of fade on the pepsi bezel.

[mtgjr]

Originally Posted by JP Chestnut

Yep. Still unpolished and complete down to the bezel protector. It's easily in 95%+ condition too, with a nice bit of fade on the pepsi bezel.

Very nice! Best Rolex every produced in my opinion.

[tomilg]

I picked up this little gem off of Craigslist for $3900.....I immediately took it over to my jeweler and flipped it for $7500.......

[WJGESQ]

Originally Posted by tomilg

I picked up this little gem off of Craigslist for $3900.....I immediately took it over to my jeweler and flipped it for $7500.......

Surprised you didn't get even more out of it. But nice payday regardless.

[MVP]

Originally Posted by tomilg

I picked up this little gem off of Craigslist for $3900.....I immediately took it over to my jeweler and flipped it for $7500.......

Interested to know how you verified that you were getting a genuine watch through craigslist?

[tomilg]

Originally Posted by MVP

Interested to know how you verified that you were getting a genuine watch through craigslist?

At MVP.......I'll be honest, it was an educated guess, and a gut feeling....and I've learned to trust my gut.

In a nutshell, and some of the more conservative crowd will disagree....the guy had me into his home, I met his wife, his kids, I live in the same neighborhood, his story was very plausible....and I got a good feeling.....so I trusted it, and it paid off!

And yes, it could have went sideways, but it didn't, and I was willing to accept that risk. I am by no means an expert, but I was educated about what he was selling.

[cda555]

Wow... you guys have had some great luck. I love this thread so far.

[THC]

I got a rock

[Chewbacca]

chump change in DXB. they use rolexeses to tip UPS drivers.

i think you got taken.

[Investr]

I got a Daytona C this year for $12,400 ......

[THC]

Originally Posted by Investr

I got a Daytona C this year for $12,400 ......

[kdphan]

Originally Posted by Investr

I got a Daytona C this year for $12,400 ......

I see what you did there

[SC11]

Originally Posted by Investr

I got a Daytona C this year for $12,400 ......

I paid the US equivalent of $10,000 for mine now that's a steel for someone else but me bloody Brexit..

[speedmaster73]

Originally Posted by HoboDxb

So, I work in a retail store that buys/sells watches.

Had a customer the other day sell me a BRAND new Tudor Pelagos (blue dial and bezel) with extra straps and all, boxed and perfect. For $1200

Couple of days ago, picked up a black dial domed bezel with roulette date 116200 datejust brand new with stickers and all extras for..... $2500.

What are some of your guys steals? :)

I dont believe the tudor/rolex story.....and IF it is true it was probably stolen or someone developed a crack addiction and was in desperate need for a fix.....because no one would just sell a BNIB tudor/rolex to a 'pawn' shop under normal conditions...no way....