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CCI24 · 19 August 2022, 05:34 AM

Someone wants to trade me their Omega Seamaster Planet Ocean for my Rolex Date 15000. They’re willing to throw in some cash too.

I have Several other Rolexes in my collection with a no date submariner as my daily so I’m not all too familiar with Omegas because i own none. This would be a nice segway into owning one.

Thoughts, opinions?

NYC6 · 19 August 2022, 06:20 AM

“Some cash” is quite vague. Seems it would be hard to say if it’s a good deal or not.

themast · 19 August 2022, 06:26 AM

From a 2 sec Google search your Rolex goes for ~$3-4k while the omega for ~$4-5k. So if I looked at the right models, depending on conditions/service history/dial, this may be a fair trade trending toward being better for you than for him.

CCI24 · 19 August 2022, 08:22 AM

Quote:

Originally Posted by themast

From a 2 sec Google search your Rolex goes for ~$3-4k while the omega for ~$4-5k. So if I looked at the right models, depending on conditions/service history/dial, this may be a fair trade trending toward being better for you than for him.

I agree, i was kind of stunned when he proposed the trade. I asked him why not sell the Omega and buy a more “robust” Rolex model and he said it was too much of a hassle to sell and buy; easier to trade which i understand.

themast · 19 August 2022, 08:59 AM

Quote:

Originally Posted by CCI24

I agree, i was kind of stunned when he proposed the trade. I asked him why not sell the Omega and buy a more “robust” Rolex model and he said it was too much of a hassle to sell and buy; easier to trade which i understand.

I can understand that logic. Ultimately I think a Coaxial Omega is "more" than a Rolex Date, but hey, if that is what he wants. Since you have many other Rolex this appears to be a good/fair trade on your end.

CCI24 · 19 August 2022, 09:09 PM

Quote:

Originally Posted by themast

I can understand that logic. Ultimately I think a Coaxial Omega is "more" than a Rolex Date, but hey, if that is what he wants. Since you have many other Rolex this appears to be a good/fair trade on your end.

I attached some pics

themast · 19 August 2022, 09:19 PM

Quote:

Originally Posted by CCI24

I attached some pics

I thought this was somebody who you already knew. I would ask for better pictures and run them by the omega forum.

Given that this appears to be a trade advantageous to you and apparently you don’t know the seller, I would be extra cautious.

Chewbacca · 19 August 2022, 06:37 AM

Last count there’s 2318 variants of the PO going back over a decade.

So my standard answer is absolutely wear it well congratulations buy whatever you like.

CCI24 · 19 August 2022, 08:16 AM

Quote:

Originally Posted by Chewbacca

Last count there’s 2318 variants of the PO going back over a decade.

So my standard answer is absolutely wear it well congratulations buy whatever you like.

Here the reference to the Omega

232.32.46.21.01.005.

77T · 19 August 2022, 08:52 AM

Quote:

Originally Posted by CCI24

Here the reference to the Omega

232.32.46.21.01.005.

I’d say it’s a “go”…

Sent from my iPhone using Tapatalk Pro

Chewbacca · 19 August 2022, 10:52 AM

Quote:

Originally Posted by CCI24

Here the reference to the Omega

232.32.46.21.01.005.

Then I would do that trade and confirm you’re getting a genuine PO because there’s some really crazy fuguzzis around and the owner is losing a couple grand if not more depending on the cash included.

CCI24 · 19 August 2022, 11:55 AM

Quote:

Originally Posted by Chewbacca

Then I would do that trade and confirm you’re getting a genuine PO because there’s some really crazy fuguzzis around and the owner is losing a couple grand if not more depending on the cash included.

Well he’s driving 1.5hrs to meet me. So if he wants to waste the gas to try and trade a fake PO and i catch it; Its unfortunate for him :p

It comes with box and papers so I’m going to thoroughly vet the watch.

Chewbacca · 19 August 2022, 12:09 PM

Quote:

Originally Posted by CCI24

Well he’s driving 1.5hrs to meet me. So if he wants to waste the gas to try and trade a fake PO and i catch it; Its unfortunate for him :p

It comes with box and papers so I’m going to thoroughly vet the watch.

Grab that thing!

gliazzurri · 19 August 2022, 06:42 AM

I think the only thought is do you want to do it or not?

CCI24 · 19 August 2022, 08:18 AM

Quote:

Originally Posted by gliazzurri

I think the only thought is do you want to do it or not?

I do want to make the trade. It does seem fair.

gliazzurri · 19 August 2022, 08:41 AM

Quote:

Originally Posted by CCI24

I do want to make the trade. It does seem fair.

I think you have your answer.

Chewbacca · 19 August 2022, 11:21 PM

I’m sure it’s fine. Sometimes people get frustrated selling especially when poors want to upgrade , so their time might be worth more than the $2k they’re giving up. Besides, it’ll be a good follow up thread if it’s not kosher.

(Entertain us dammit! Do the deal

)

CCI24 · 20 August 2022, 09:49 PM

Quote:

Originally Posted by Chewbacca

I’m sure it’s fine. Sometimes people get frustrated selling especially when poors want to upgrade , so their time might be worth more than the $2k they’re giving up. Besides, it’ll be a good follow up thread if it’s not kosher.

(Entertain us dammit! Do the deal

)

I’ll definitely update the thread on Tuesday after i meet up with him. Some posters in Omega are saying they have no reason to believe the watch is not legit based on more pics i sent. So we’ll see.

superdog · 20 August 2022, 10:51 PM

This has disaster written all over it.

CCI24 · 20 August 2022, 11:02 PM

Quote:

Originally Posted by superdog

This has disaster written all over it.

Lmao

bcyk · 21 August 2022, 03:28 AM

Quote:

Originally Posted by superdog

This has disaster written all over it.

you are mean.

GradyPhilpott · 21 August 2022, 02:57 AM

No way!

CCI24 · 21 August 2022, 10:29 AM

Quote:

Originally Posted by GradyPhilpott

No way!

Lol why? Just curious

GradyPhilpott · 21 August 2022, 10:49 AM

Quote:

Originally Posted by CCI24

Lol why? Just curious

I just have a thing for old watches and I don't believe in selling or trading watches.

I'm just sentimental, I guess.

Sent from my SM-S908U using Tapatalk

CCI24 · 21 August 2022, 10:52 AM

Quote:

Originally Posted by GradyPhilpott

I just have a thing for old watches and I don't believe in selling or trading watches.

I'm just sentimental, I guess.

Sent from my SM-S908U using Tapatalk

Ok that makes sense.

Sent from my iPhone using Tapatalk

330ci · 21 August 2022, 04:07 AM

With the new income reporting of sales above $600, the fact that a Rolex holds its value better than Omega on average and there are far more lenders willing to loan out a higher percentage of a watches value knowing that the Rolex market is far stronger than the Omega market in the long run. Doesnt seem too far fetched to me.

At $6,100 MSRP he likely got it at a discount and has worn it, plus without a bracelet im sure omega charges close to $300 for a new strap. So alot of factors would probably have me keep my Rolex than trade out for a slightly more expensive omega.

Omega updates are far less subtle as well. Your 15000 is what, 20-30years old and still worth as much if not more than it was new? A quick look at value retention on 20-30yr old omegas probably would clue me into why this gent wants to make the trade.. Most pawnbrokers won't give more than 50% on an omega but I know plenty that will pay damn near ebay sale prices on used rolexes. They're just 2 different resale markets, Omegas are a tougher sell at the end of the day, and he likely wouldn't do much better than this trade all things considered.

Chewbacca · 21 August 2022, 04:14 AM

*Do the deal!!!!!!!!!!!!!!!

Don’t listen to these cowards!!!!!!!!!!

(*Not financial advice)

CCI24 · 21 August 2022, 09:34 AM

Quote:

Originally Posted by Chewbacca

*Do the deal!!!!!!!!!!!!!!!

Don’t listen to these cowards!!!!!!!!!!

(*Not financial advice)

I sent pictures of the movement to the Omega thread and they said it’s an authentic watch!

I’m meeting up with buddy at a Rolex AD who also sells Omegas to get things checked out, but damn This is crazy. I feel Like I’m figuratively robbing buddy with this trade cause that 15000 was a super cheap buy for me originally. Guess Rolex gonna Rolex.

Chewbacca · 21 August 2022, 10:47 AM

Quote:

Originally Posted by CCI24

I sent pictures of the movement to the Omega thread and they said it’s an authentic watch!

I’m meeting up with buddy at a Rolex AD who also sells Omegas to get things checked out, but damn This is crazy. I feel Like I’m figuratively robbing buddy with this trade cause that 15000 was a super cheap buy for me originally. Guess Rolex gonna Rolex.

Congratulations! You’re a good sport.

East Bay Rider · 21 August 2022, 11:16 AM

Why not do the trade at an AD? Have them both opened and inspected for peace of mind? Schedule the appointment and pay for the service.

19 August 2022, 05:34 AM	#1
CCI24 "TRF" Member Join Date: Jun 2013 Real Name: colin Location: Maryland Watch: 14060m Posts: 287	Is this a good trade? Someone wants to trade me their Omega Seamaster Planet Ocean for my Rolex Date 15000. They’re willing to throw in some cash too. I have Several other Rolexes in my collection with a no date submariner as my daily so I’m not all too familiar with Omegas because i own none. This would be a nice segway into owning one. Thoughts, opinions?

19 August 2022, 11:21 PM	#17
Chewbacca Banned Join Date: May 2012 Real Name: CJ Location: Kashyyyk Watch: Kessel Run Chrono Posts: 21,112	I’m sure it’s fine. Sometimes people get frustrated selling especially when poors want to upgrade , so their time might be worth more than the $2k they’re giving up. Besides, it’ll be a good follow up thread if it’s not kosher. (Entertain us dammit! Do the deal)

20 August 2022, 10:51 PM	#19
superdog 2024 Pledge Member Join Date: Oct 2011 Real Name: Seth Location: nj Watch: Omega Posts: 24,834	This has disaster written all over it. __________________ If happiness is a state of mind, why look anywhere else for it? IG: gsmotorclub IG: thesawcollection (Both mostly just car stuff)

21 August 2022, 02:57 AM	#22
GradyPhilpott 2024 SubLV41 Pledge Member Join Date: Sep 2008 Location: New Mexico Watch: Seiko #SRK047 Posts: 34,460	No way! __________________ JJ Inaugural TRF $50 Watch Challenge Winner

21 August 2022, 11:16 AM	#30
East Bay Rider "TRF" Member Join Date: Oct 2007 Real Name: Bill Location: East Bay RI Watch: GMT-II 16710LN Posts: 12,074	Why not do the trade at an AD? Have them both opened and inspected for peace of mind? Schedule the appointment and pay for the service. __________________ I bought a cheap watch from the crazy man Floating down canal It doesn't use numbers or moving hands It always just says "now" Now you may be thinking that I was had But this watch is never wrong And if I have trouble the warranty said Breathe In, Breathe Out, Move On J. Buffett Instagram: eastbayrider46

19 August 2022, 06:20 AM	#2
NYC6 "TRF" Member Join Date: Mar 2009 Real Name: Dennis Location: L.I./N.Y. Watch: SUBMARINER 14060M Posts: 2,769	“Some cash” is quite vague. Seems it would be hard to say if it’s a good deal or not.

19 August 2022, 06:26 AM	#3
themast "TRF" Member Join Date: Oct 2012 Location: US Posts: 2,707	From a 2 sec Google search your Rolex goes for ~$3-4k while the omega for ~$4-5k. So if I looked at the right models, depending on conditions/service history/dial, this may be a fair trade trending toward being better for you than for him.

19 August 2022, 06:37 AM	#8
Chewbacca Banned Join Date: May 2012 Real Name: CJ Location: Kashyyyk Watch: Kessel Run Chrono Posts: 21,112	Last count there’s 2318 variants of the PO going back over a decade. So my standard answer is absolutely wear it well congratulations buy whatever you like.

19 August 2022, 06:42 AM	#14
gliazzurri "TRF" Member Join Date: Jun 2021 Location: US Posts: 326	I think the only thought is do you want to do it or not?

21 August 2022, 04:07 AM	#26
330ci "TRF" Member Join Date: Jun 2020 Location: michigan Posts: 2,346	With the new income reporting of sales above $600, the fact that a Rolex holds its value better than Omega on average and there are far more lenders willing to loan out a higher percentage of a watches value knowing that the Rolex market is far stronger than the Omega market in the long run. Doesnt seem too far fetched to me. At $6,100 MSRP he likely got it at a discount and has worn it, plus without a bracelet im sure omega charges close to $300 for a new strap. So alot of factors would probably have me keep my Rolex than trade out for a slightly more expensive omega. Omega updates are far less subtle as well. Your 15000 is what, 20-30years old and still worth as much if not more than it was new? A quick look at value retention on 20-30yr old omegas probably would clue me into why this gent wants to make the trade.. Most pawnbrokers won't give more than 50% on an omega but I know plenty that will pay damn near ebay sale prices on used rolexes. They're just 2 different resale markets, Omegas are a tougher sell at the end of the day, and he likely wouldn't do much better than this trade all things considered.

21 August 2022, 04:14 AM	#27
Chewbacca Banned Join Date: May 2012 Real Name: CJ Location: Kashyyyk Watch: Kessel Run Chrono Posts: 21,112	Do the deal!!!!!!!!!!!!!!! Don’t listen to these cowards!!!!!!!!!! (Not financial advice)

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