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Tony64 · 23 December 2016, 04:44 AM

Quote:

Originally Posted by Watchflair

A deal is a deal no more no less.

I personally believe in making low offers, can't hurt. Sometimes they are accepted and many times they are not. Can't hurt to ask.

I wouldn't brag about it though. Karma.

^ a thoughtful response

Beauregard · 23 December 2016, 04:45 AM

I got pulled over by three CHP cars because the CHP plane had clocked me at "speeds in exes of 160 and never below 115 miles per hour for over twenty minuets." I got away with an 80mph in a 70 zone and a fix-it ticket.

Hands down my "best steal ever."

Tony64 · 23 December 2016, 04:45 AM

Quote:

Originally Posted by AK797

I'd always pay fair value, I'm not looking to screw people over, when you're old and half-blind it'll come back on you.

^ Agree.

Lordofrolex · 23 December 2016, 04:46 AM

Quote:

Originally Posted by Investr

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

Tony64 · 23 December 2016, 04:47 AM

Quote:

Originally Posted by JP Chestnut

Come on dude. Ripping off desperate people around Christmas time is definitely something that you should brag about on the internet

^ This sums it up perfectly.

proudpop · 23 December 2016, 05:36 AM

What a bunch of hypocrites.... the job of the pawn shop is to buy items as cheap as possible and sell them for as much as possible. I'm sure you doctors and lawyers on here only charge a fair rate of $20 an hour right? I'm sure you tech guys only sell your internet company for a a few percent more than what it cost you to develop right? No one would buy stock cheap and sell it high would they?

And this is coming from a cop who does not particularly like pawn shops, but geez...

MVP · 23 December 2016, 05:44 AM

Quote:

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?

SC11 · 23 December 2016, 06:38 AM

Quote:

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..

tomilg · 23 December 2016, 08:43 AM

Quote:

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.

Ticknaway · 23 December 2016, 12:27 PM

Quote:

Originally Posted by JP Chestnut

Come on dude. Ripping off desperate people around Christmas time is definitely something that you should brag about on the internet

Regardless of what time of the year it is, you should never brag about ripping someone off! Karmas a bitch!!!

Fleetlord · 23 December 2016, 12:34 PM

Quote:

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? :)

The Tudor buy was slightly below HARD CASH market value, but given it was a pawn shop and might sit on it for a LONG time due to not really having the customer base for that watch...it wasn't as much of a "steal" as thought.

Tudor's are quite SOFT right now on preowned market.

Hard CASH on the Datejust complete is around $3200 - $3500. So the purchase was below market, but again, given it was a pawn shop, it is an understandable BUY price.

gregmoeck · 23 December 2016, 12:49 PM

Buy low, sell high, what's the big deal

gregmoeck · 23 December 2016, 12:54 PM

Quote:

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....

Could have been anything..Maybe his daughter was away at college and called needing money..I would sell if there was no other way for.me to.get the cash.

HoboDxb · 27 December 2016, 03:10 PM

Quote:

Originally Posted by Yogi20

No photos it never happened

Will post pics soon.

HoboDxb · 27 December 2016, 03:15 PM

Quote:

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.

Quote:

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.

Quote:

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.

Quote:

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.

ukflyboy · 27 December 2016, 10:57 PM

The very nature of free trade is that you end up with a deal that both parties agree on, nobody is making people sell low. If the sellers aren't happy with the price they are receiving, they will go elsewhere.

chopper7 · 28 December 2016, 01:50 AM

Quote:

Originally Posted by proudpop

What a bunch of hypocrites.... the job of the pawn shop is to buy items as cheap as possible and sell them for as much as possible. I'm sure you doctors and lawyers on here only charge a fair rate of $20 an hour right? I'm sure you tech guys only sell your internet company for a a few percent more than what it cost you to develop right? No one would buy stock cheap and sell it high would they?

And this is coming from a cop who does not particularly like pawn shops, but geez...

RKTudor · 28 December 2016, 02:21 AM

Pawn shops typically pay about 40% of anticipated sale price. I wouldn't EXPECT to get more than $3000 for a blue Pelagos regardless if its box and papers and basically new. $1200 likely was the initial offer from the store. Do you all honestly think a pawn shop can offer anywhere near retail and stay in business? If you need quick, easy cash, they can make that happen.

Widows Son · 28 December 2016, 03:05 AM

I feel like i need to soak myself in bleach after reading this thread.

Wahlberg · 28 December 2016, 03:36 AM

I bought my Speedmaster Alaska 1 year ago (BNIB) for 2.5k from an AD with warranty.

Quote:

Originally Posted by Watchgeek5000

5 years ago a 1965 5513 for $1500!!!!

How?

hoppes-no9 · 28 December 2016, 03:57 AM

Quote:

Originally Posted by RickR

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

Agreed. This kind of thread always makes me sad.

BrummyJames · 28 December 2016, 04:05 AM

I bought a 14060m four liner last September for £3200. It was a July 2012 bought from ernest jones in the Midlands and the seller had just spent £1k on a service. It still had the stickers on it.

Full set with original receipt for £4300. Absolute steal!!!

It must have been one of the last few to be sold in the U.K.

minute_man · 28 December 2016, 04:16 AM

Quote:

Originally Posted by Widows Son

I feel like i need to soak myself in bleach after reading this thread.

+1

I just can't see the point of publicly bragging about such things.

MrGMT · 28 December 2016, 04:21 AM

Got a brand new gmtIIc two tone last year for £6500 was a pretty good deal at the time and from a forum member

dysondiver · 28 December 2016, 04:23 AM

904l ,,, rocks my world .. 316 is a good safe bet too.

BomB#Frog · 28 December 2016, 07:22 AM

Wow, there is a lot of moral superiority being thrown around over a couple consensual watch deals. Not to mention a lot of assumptions and stereotypes on pawn shops.

Rybour · 28 December 2016, 07:30 AM

Bought a Rolex 15210 for 1200 B&P, 16013 for 1800.. Cragislist baby

saf1040 · 28 December 2016, 08:30 AM

few months ago I bought a full set Explorer II polar for $3,500. Sold it a month later for 5k.

princeofrealestate · 28 December 2016, 08:39 AM

Bought a 1989 day date for $500. Guy didn't believe it was real I sold it for $6000.

DocHorton · 28 December 2016, 09:55 AM

Quote:

Originally Posted by BomB#Frog

Wow, there is a lot of moral superiority being thrown around over a couple consensual watch deals. Not to mention a lot of assumptions and stereotypes on pawn shops.

Agree. Looks like a bunch of communists on here....whatever happened to Capitalism? It's a free market and they are luxury watches for crying out loud. It's not like he's sticking it to people buying bread to eat or medicine for their sick family.

A fair price is one that a buyer and seller both agree on. End Of Story.

Congrats on making some good deals.

23 December 2016, 04:45 AM	#62
Beauregard "TRF" Member Join Date: May 2016 Real Name: Beau Location: Avila Beach, CA Watch: Rolex 116719BLRO Posts: 971	I got pulled over by three CHP cars because the CHP plane had clocked me at "speeds in exes of 160 and never below 115 miles per hour for over twenty minuets." I got away with an 80mph in a 70 zone and a fix-it ticket. Hands down my "best steal ever." __________________ I am the milkman of human kindness.

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23 December 2016, 05:36 AM	#66
proudpop "TRF" Member Join Date: Dec 2006 Location: Las Vegas Posts: 29	What a bunch of hypocrites.... the job of the pawn shop is to buy items as cheap as possible and sell them for as much as possible. I'm sure you doctors and lawyers on here only charge a fair rate of $20 an hour right? I'm sure you tech guys only sell your internet company for a a few percent more than what it cost you to develop right? No one would buy stock cheap and sell it high would they? And this is coming from a cop who does not particularly like pawn shops, but geez...

23 December 2016, 12:49 PM	#72
gregmoeck "TRF" Member Join Date: Mar 2010 Location: Maui Watch: Patek Posts: 2,032	Buy low, sell high, what's the big deal

27 December 2016, 10:57 PM	#76
ukflyboy "TRF" Member Join Date: Jun 2016 Location: UK Posts: 64	The very nature of free trade is that you end up with a deal that both parties agree on, nobody is making people sell low. If the sellers aren't happy with the price they are receiving, they will go elsewhere.

28 December 2016, 02:21 AM	#78
RKTudor "TRF" Member Join Date: Jul 2016 Real Name: Rick Location: Emmaus, PA Watch: Tudor 79090 blue Posts: 298	Pawn shops typically pay about 40% of anticipated sale price. I wouldn't EXPECT to get more than $3000 for a blue Pelagos regardless if its box and papers and basically new. $1200 likely was the initial offer from the store. Do you all honestly think a pawn shop can offer anywhere near retail and stay in business? If you need quick, easy cash, they can make that happen.

28 December 2016, 03:05 AM	#79
Widows Son "TRF" Member Join Date: Apr 2008 Location: Hudson Ohio Posts: 3,564	I feel like i need to soak myself in bleach after reading this thread.

28 December 2016, 04:05 AM	#82
BrummyJames "TRF" Member Join Date: Sep 2015 Location: Birmingham Posts: 94	I bought a 14060m four liner last September for £3200. It was a July 2012 bought from ernest jones in the Midlands and the seller had just spent £1k on a service. It still had the stickers on it. Full set with original receipt for £4300. Absolute steal!!! It must have been one of the last few to be sold in the U.K.

28 December 2016, 04:21 AM	#84
MrGMT "TRF" Member Join Date: Dec 2016 Location: Scotland Watch: Omega-Rolex Posts: 230	Got a brand new gmtIIc two tone last year for £6500 was a pretty good deal at the time and from a forum member

28 December 2016, 04:23 AM	#85
dysondiver "TRF" Member Join Date: Jul 2010 Real Name: tom Location: northern ireland Watch: my fins Posts: 10,063	904l ,,, rocks my world .. 316 is a good safe bet too.

28 December 2016, 07:22 AM	#86
BomB#Frog "TRF" Member Join Date: Jul 2014 Location: Fort Worth Posts: 336	Wow, there is a lot of moral superiority being thrown around over a couple consensual watch deals. Not to mention a lot of assumptions and stereotypes on pawn shops.

28 December 2016, 07:30 AM	#87
Rybour "TRF" Member Join Date: Dec 2015 Location: Florida Posts: 125	Bought a Rolex 15210 for 1200 B&P, 16013 for 1800.. Cragislist baby

28 December 2016, 08:30 AM	#88
saf1040 "TRF" Member Join Date: Sep 2014 Location: Parkland, FL Posts: 109	few months ago I bought a full set Explorer II polar for $3,500. Sold it a month later for 5k.

28 December 2016, 08:39 AM	#89
princeofrealestate Banned Join Date: Mar 2013 Location: Maryland Watch: Rolex sub ceramic Posts: 37	Bought a 1989 day date for $500. Guy didn't believe it was real I sold it for $6000.

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