The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Old 23 September 2009, 09:28 AM   #1
GoreX5
"TRF" Member
 
GoreX5's Avatar
 
Join Date: May 2008
Real Name: W.G.
Location: US
Watch: Rolex & PAMS
Posts: 300
312 resales

I have been planning on purchasing a 312 but have noticed lately on TRF and Paneristi a lot of resales from owners who state they have owned the watch for couple of weeks to a couple of months and are selling the watch. I am a bit concerned about that because its not clear why they are reselling but I find it very unusual for such a quick flip. I've worn the watch and its big but not for a PAM. I would appreciate any feedback from current or previous owners who sold or are planning to keep the watch.

Thanks.
TONY G.
__________________
[SIGPIC][/SIGPIC]
GoreX5 is offline   Reply With Quote
Old 23 September 2009, 09:34 AM   #2
emagni
"TRF" Member
 
emagni's Avatar
 
Join Date: Mar 2008
Location: on Earth
Watch: ing TRF
Posts: 1,284
I don't know why others are flipping it but I sure do love mine and can't see me doing it anytime soon.
__________________
Watches: More than my fingers can count
emagni is offline   Reply With Quote
Old 23 September 2009, 09:34 AM   #3
RedBaronF2001
Member
 
Join Date: May 2008
Real Name: Chris
Location: Nashville, TN
Posts: 575
Quote:
Originally Posted by GoreX5 View Post
I have been planning on purchasing a 312 but have noticed lately on TRF and Paneristi a lot of resales from owners who state they have owned the watch for couple of weeks to a couple of months and are selling the watch. I am a bit concerned about that because its not clear why they are reselling but I find it very unusual for such a quick flip. I've worn the watch and its big but not for a PAM. I would appreciate any feedback from current or previous owners who sold or are planning to keep the watch.

Thanks.
TONY G.
I just got mine today and I too saw all the FS ads for the 312. I just think they are either tired of it (it has been hyped up greatly) already or they are making a few bucks (maybe)? I do know that I called nearly every AD in the country to find mine and there were a handful (literally) available.

I'm fairly confident I'm going to keep mine because I have owned a few PAMs in the past and this one has what I want:

-1950s brushed case
-steel hands
-quick strap change
-thickness
-REG TM on the crown guard
-in-house movement
-clean dial
-sandwich dial
-300M WR rating

You can't go wrong. And if you do, you can sell it pretty quick. I inquired about a few second hand 312s and they all sold pretty quickly for nearly the price they paid.
RedBaronF2001 is offline   Reply With Quote
Old 23 September 2009, 09:38 AM   #4
bodybump
⭐⭐⭐⭐⭐⭐
2024 SubLV41 Sponsor & Boutique Seller
 
bodybump's Avatar
 
Join Date: Sep 2008
Real Name: Oscar
Location: Florida
Watch: Me!!!
Posts: 23,233
How about a pam 88 L series?? They look sharp IMO...
__________________
bodybump is offline   Reply With Quote
Old 23 September 2009, 09:46 AM   #5
emagni
"TRF" Member
 
emagni's Avatar
 
Join Date: Mar 2008
Location: on Earth
Watch: ing TRF
Posts: 1,284
Quote:
Originally Posted by bodybump View Post
How about a pam 88 L series?? They look sharp IMO...
Oscar, close but no cigar
__________________
Watches: More than my fingers can count
emagni is offline   Reply With Quote
Old 23 September 2009, 10:38 AM   #6
Bebot
"TRF" Member
 
Bebot's Avatar
 
Join Date: Feb 2009
Real Name: Emil
Location: Bay Area, CA
Watch: U macallit
Posts: 2,645
Quote:
Originally Posted by emagni View Post
Oscar, close but no cigar
Yeap! He is about Pam 224 short.
__________________
Emil



--- __0 __0 __0
----_-\<,_ -\<,
_(_)(_)/_(_)/ (_)
Bebot is offline   Reply With Quote
Old 23 September 2009, 10:41 AM   #7
Bebot
"TRF" Member
 
Bebot's Avatar
 
Join Date: Feb 2009
Real Name: Emil
Location: Bay Area, CA
Watch: U macallit
Posts: 2,645
Quote:
Originally Posted by GoreX5 View Post
I have been planning on purchasing a 312 but have noticed lately on TRF and Paneristi a lot of resales from owners who state they have owned the watch for couple of weeks to a couple of months and are selling the watch. I am a bit concerned about that because its not clear why they are reselling but I find it very unusual for such a quick flip. I've worn the watch and its big but not for a PAM. I would appreciate any feedback from current or previous owners who sold or are planning to keep the watch.

Thanks.
TONY G.
Well, after waiting for a while I finally received mine. But after a few try here and there, it just did not grow on me (too big), so I decided to sell it. I think I like the 282 and if I decide to get another 44 in the future, it will be the 164.
__________________
Emil



--- __0 __0 __0
----_-\<,_ -\<,
_(_)(_)/_(_)/ (_)
Bebot is offline   Reply With Quote
Old 23 September 2009, 12:16 PM   #8
Trurolexer
Banned
 
Join Date: Dec 2007
Location: USA
Watch: 5513MaxiI+PreComex
Posts: 18,421
Well, usually because they need cash for buy other watch.
Trurolexer is offline   Reply With Quote
Old 23 September 2009, 01:11 PM   #9
TswaneNguni
"TRF" Member
 
TswaneNguni's Avatar
 
Join Date: Feb 2008
Real Name: Chris
Location: .
Watch: Daytonas/Subs/GMTs
Posts: 12,609
Buying a 312 at around less 20% and then just trying to sell it BNIB just under MRSP for a quick few bucks ?? Shall we say a quick $500-1000 profit ?? Simple

PAM28L going for around $12K.Same logic.

Remember pre-recession pricing on the following .... 127/217/24/232/203 ?? Again,simple horological finance 101.

SS Daytonas, especially around 2007 and early 2008,also very high prices in the secondary market.

Anything is just worth what someone else is prepared to pay for it .... a house/shares/car/watches etc.Thats the worth in $$$.....

.... BUT,a PAM on the wrist is priceless !!
TswaneNguni is offline   Reply With Quote
Old 23 September 2009, 01:28 PM   #10
ocwatching
"TRF" Member
 
ocwatching's Avatar
 
Join Date: Jan 2009
Real Name: Phil
Location: CA
Posts: 5,374
I am not sure what type of deal you all got but 20% on the 312 was just not to be had...I, like REDBARON, called all the dealers to work the angles...the watch was hyped and hot..

and what I see for sale in the 2nd hand market is what I paid BNIB from a AD...
so...unless they got a fantastic deal...they make what $200-300 after the whole transaction?

there will be flippers for that $200..and there are people that just want to get another watch...

but I plan on keeping mine similar to the reasons that Redbaron listed...the affordable inhouse movement really hooked me this time...its a very good value...
__________________
too much into watches...
ocwatching is offline   Reply With Quote
Old 23 September 2009, 02:10 PM   #11
bodybump
⭐⭐⭐⭐⭐⭐
2024 SubLV41 Sponsor & Boutique Seller
 
bodybump's Avatar
 
Join Date: Sep 2008
Real Name: Oscar
Location: Florida
Watch: Me!!!
Posts: 23,233
Quote:
Originally Posted by emagni View Post
Oscar, close but no cigar
ok ok long how about a 317 for 40%off??? Thats a Cigar dipped in Chapagne of a Vintage Dom...
























Theres no way i can get that for 40% off hahahaahah so save your PM's!!!
__________________
bodybump is offline   Reply With Quote
Old 23 September 2009, 02:12 PM   #12
bodybump
⭐⭐⭐⭐⭐⭐
2024 SubLV41 Sponsor & Boutique Seller
 
bodybump's Avatar
 
Join Date: Sep 2008
Real Name: Oscar
Location: Florida
Watch: Me!!!
Posts: 23,233
Quote:
Originally Posted by Bebot View Post
Well, after waiting for a while I finally received mine. But after a few try here and there, it just did not grow on me (too big), so I decided to sell it. I think I like the 282 and if I decide to get another 44 in the future, it will be the 164.
If its too big..then its not going to GROW anymore!!!
__________________
bodybump is offline   Reply With Quote
Old 23 September 2009, 02:20 PM   #13
ocwatching
"TRF" Member
 
ocwatching's Avatar
 
Join Date: Jan 2009
Real Name: Phil
Location: CA
Posts: 5,374
Quote:
Originally Posted by bodybump View Post
If its too big..then its not going to GROW anymore!!!
man...you are ON tonite...
__________________
too much into watches...
ocwatching is offline   Reply With Quote
Old 23 September 2009, 02:29 PM   #14
Bebot
"TRF" Member
 
Bebot's Avatar
 
Join Date: Feb 2009
Real Name: Emil
Location: Bay Area, CA
Watch: U macallit
Posts: 2,645
Quote:
Originally Posted by TswaneNguni View Post
Buying a 312 at around less 20% and then just trying to sell it BNIB just under MRSP for a quick few bucks ?? Shall we say a quick $500-1000 profit ?? Simple

PAM28L going for around $12K.Same logic.

Remember pre-recession pricing on the following .... 127/217/24/232/203 ?? Again,simple horological finance 101.

SS Daytonas, especially around 2007 and early 2008,also very high prices in the secondary market.

Anything is just worth what someone else is prepared to pay for it .... a house/shares/car/watches etc.Thats the worth in $$$.....

.... BUT,a PAM on the wrist is priceless !!


Well, for those who sold their 312, I don't know if they made few bucks, broke even or even lost few bucks. One thing I know for sure though, they made someone very HAPPY.

And that my friend is all it matters.
__________________
Emil



--- __0 __0 __0
----_-\<,_ -\<,
_(_)(_)/_(_)/ (_)
Bebot is offline   Reply With Quote
Old 23 September 2009, 02:40 PM   #15
ocwatching
"TRF" Member
 
ocwatching's Avatar
 
Join Date: Jan 2009
Real Name: Phil
Location: CA
Posts: 5,374
Quote:
Originally Posted by Bebot View Post
Well, for those who sold their 312, I don't know if they made few bucks, broke even or even lost few bucks. One thing I know for sure though, they made someone very HAPPY.

And that my friend is all it matters.
well said buddy...the new owner must be overjoyed...
__________________
too much into watches...
ocwatching is offline   Reply With Quote
Old 24 September 2009, 02:05 AM   #16
emagni
"TRF" Member
 
emagni's Avatar
 
Join Date: Mar 2008
Location: on Earth
Watch: ing TRF
Posts: 1,284
Quote:
Originally Posted by bodybump View Post
ok ok long how about a 317 for 40%off??? Thats a Cigar dipped in Chapagne of a Vintage Dom...

Theres no way i can get that for 40% off hahahaahah so save your PM's!!!

Almost got me there! LOL
__________________
Watches: More than my fingers can count
emagni is offline   Reply With Quote
Old 24 September 2009, 02:42 AM   #17
c2tcardin
"TRF" Member
 
Join Date: Jul 2008
Real Name: Jeff
Location: NH
Watch: Pam 312 & DJ II
Posts: 312
My guess is they didn't try it on before they bought it and once home they realized it was just too big for them or didn't sit right on their arm. I've bought a few watches then after trying them on for a few weeks you get the feeling they just aren't doing it anymore so you sell it.

What we need is a company that sells high end watches but lets the owner sell it back to the company at a set rate schedule if they decide to or they can keep it or sell it on their own. I think yiou would find more guys willing to try high end watches if they knew there was a way out that was hassle free. My first Rolex was a no date sub that after a few months I realized I didn't like the bent metal clasp and bracelett so I sold it. I sold it for a only hundred than I paid for it so I looked at it as if I had "rented" it for a little while and now it's in a new home.
__________________
Cheers, Jeff
------------------------------------------------------
PAM 312, DJ II
c2tcardin is offline   Reply With Quote
Old 24 September 2009, 03:23 AM   #18
B. Doggy
"TRF" Member
 
B. Doggy's Avatar
 
Join Date: Aug 2008
Real Name: Bryan
Location: Oregon
Posts: 7,399
The 312 rocks! You can find most any PAM you want on sencondary market, dealer or otherwise. Watches are always going to be flipped.
__________________
Rolex / Panerai / Omega
B. Doggy is offline   Reply With Quote
Old 24 September 2009, 03:28 AM   #19
Trurolexer
Banned
 
Join Date: Dec 2007
Location: USA
Watch: 5513MaxiI+PreComex
Posts: 18,421
I'm still want one.
Trurolexer is offline   Reply With Quote
Old 24 September 2009, 03:29 AM   #20
TswaneNguni
"TRF" Member
 
TswaneNguni's Avatar
 
Join Date: Feb 2008
Real Name: Chris
Location: .
Watch: Daytonas/Subs/GMTs
Posts: 12,609
Quote:
Originally Posted by ocwatchnewbie View Post
I am not sure what type of deal you all got but 20% on the 312 was just not to be had...I, like REDBARON, called all the dealers to work the angles...the watch was hyped and hot..

and what I see for sale in the 2nd hand market is what I paid BNIB from a AD...
so...unless they got a fantastic deal...they make what $200-300 after the whole transaction?

there will be flippers for that $200..and there are people that just want to get another watch...

but I plan on keeping mine similar to the reasons that Redbaron listed...the affordable inhouse movement really hooked me this time...its a very good value...
Agreed.The 312 is great value.
TswaneNguni is offline   Reply With Quote
Old 24 September 2009, 03:42 AM   #21
TswaneNguni
"TRF" Member
 
TswaneNguni's Avatar
 
Join Date: Feb 2008
Real Name: Chris
Location: .
Watch: Daytonas/Subs/GMTs
Posts: 12,609
Quote:
Originally Posted by Bebot View Post
Well, for those who sold their 312, I don't know if they made few bucks, broke even or even lost few bucks. One thing I know for sure though, they made someone very HAPPY.

And that my friend is all it matters.
Talk about happy people,here are a few ..... All those that ended up with my ex-Rolex collection,the Panerai AD that sold me a few PAMs and me,the owner of a few PAMs.
TswaneNguni is offline   Reply With Quote
Old 24 September 2009, 04:31 AM   #22
ocwatching
"TRF" Member
 
ocwatching's Avatar
 
Join Date: Jan 2009
Real Name: Phil
Location: CA
Posts: 5,374
Quote:
Originally Posted by TswaneNguni View Post
Talk about happy people,here are a few ..... All those that ended up with my ex-Rolex collection,the Panerai AD that sold me a few PAMs and me,the owner of a few PAMs.
Chris...love to see a shot of your collection...
looks great and love the descriptions in your signature...
__________________
too much into watches...
ocwatching is offline   Reply With Quote
Old 25 September 2009, 12:28 AM   #23
fourizonly
"TRF" Member
 
fourizonly's Avatar
 
Join Date: Sep 2009
Location: SoCal
Watch: Rolex SS Daytona
Posts: 36
I'm selling my 312 to fund another piece. Unless you can get 20% off, it's not really worth flipping. :)
fourizonly is offline   Reply With Quote
Old 25 September 2009, 03:27 AM   #24
GoreX5
"TRF" Member
 
GoreX5's Avatar
 
Join Date: May 2008
Real Name: W.G.
Location: US
Watch: Rolex & PAMS
Posts: 300
Well I guess I sold my Milguass GV for the same reason. I wanted it for a long time and when I finally got it, enjoyed it for a while but I wasn't "in love" with it and ended up selling for a loss but not too bad. Now I am stuck in the situation where I want another piece but can't decide between a 312, 233 or another Daytona. BTW havent seen too many 233 resales out there. What are the 233 fetching from the AD's or grey market nowdays?
__________________
[SIGPIC][/SIGPIC]
GoreX5 is offline   Reply With Quote
Old 25 September 2009, 03:35 AM   #25
TswaneNguni
"TRF" Member
 
TswaneNguni's Avatar
 
Join Date: Feb 2008
Real Name: Chris
Location: .
Watch: Daytonas/Subs/GMTs
Posts: 12,609
Quote:
Originally Posted by ocwatchnewbie View Post
Chris...love to see a shot of your collection...
looks great and love the descriptions in your signature...
All pieces are on display in the archives of the forum,but now that I think about it,I have never taken a group shot of all together.I must locate them all and take a group shot .......... now where are the 292 and 289 again ??

TswaneNguni is offline   Reply With Quote
Old 25 September 2009, 03:52 AM   #26
ocwatching
"TRF" Member
 
ocwatching's Avatar
 
Join Date: Jan 2009
Real Name: Phil
Location: CA
Posts: 5,374
Quote:
Originally Posted by TswaneNguni View Post
All pieces are on display in the archives of the forum,but now that I think about it,I have never taken a group shot of all together.I must locate them all and take a group shot .......... now where are the 292 and 289 again ??

well..when you managed to find them...I love to see the family shot...
__________________
too much into watches...
ocwatching is offline   Reply With Quote
Old 25 September 2009, 01:22 PM   #27
RedBaronF2001
Member
 
Join Date: May 2008
Real Name: Chris
Location: Nashville, TN
Posts: 575
Funny you mention the 312 resales - I see a ton of 233s for sale now too. 'Tis the season.
RedBaronF2001 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

WatchesOff5th

DavidSW Watches

Takuya Watches

OCWatches

Asset Appeal

Wrist Aficionado

My Watch LLC


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.