When you guys mean flipped

[Miamipawnsab]

Sorry newbie here i read alot flipped


do you guys mean straight trade ?

Sold for less ?

Sorry kinda new at this forum stuff

[drchuck72]

Just means selling one watch to get another. Or several to acquire a really nice one.

Value of one sold has nothing to do with value of newly acquired. Can go up or down. Just depends on what is singing to you at the moment.

[Miamipawnsab]

Ok thanks for clearing that up.. I was thinking of flipping my 16622 and 16600 for a 16623 or a daytona ss


good idea or bad one

[versatile1]

Originally Posted by Miamipawnsab

Ok thanks for clearing that up.. I was thinking of flipping my 16622 and 16600 for a 16623 or a daytona ss


good idea or bad one

Yes. Yes it is.

[Miamipawnsab]

So good idea or bad one ?/

[U5512]

Well, I am never a fan of two-tone watches so I wouldn't be selling 16622 and 16600 for 16623. I would do it for a stainless steel Daytona.

[Andad]

Flipped = got rid of.......one way or another....

[polarinda]

turning the watch to see its caseback..

[cop414]

Flipped - moved one for another, either traded or in my case sold out right and put that $$ toward another watch purchase.
A lot here after a "flip" regret the decision and I know of some who several years down the line "reverse flip?" and end up getting the exact same watch back because they regretted the "flip". (We had a guy at work who remarried his first wife after they divorced, then divorced her again, how's that for a "flip").

[ecsub44]

In my mind flipping has a connotation of selling it relatively shortly after buying.

If you bought it and sold it within a few days/weeks/months...that's flipping.

If you bought it 38 years ago and are now selling it...well, to me I don't see how that's flipping.

[cop414]

Originally Posted by ecsub44

In my mind flipping has a connotation of selling it relatively shortly after buying.

If you bought it and sold it within a few days/weeks/months...that's flipping.

If you bought it 38 years ago and are now selling it...well, to me I don't see how that's flipping.

Good point that I guess I do agree with.

[gpfps]

Flipping for me is wanting a watch so bad I sell a watch I haven't had a long time to get the one I have to have .But I always loose a little $ in the deals.

[Brenngun]

Originally Posted by ecsub44

In my mind flipping has a connotation of selling it relatively shortly after buying.

If you bought it and sold it within a few days/weeks/months...that's flipping.

If you bought it 38 years ago and are now selling it...well, to me I don't see how that's flipping.

X2 ...... the shorter time you actually own it before reselling the higher the magnitude of the flip ..... ergo the bigger flipper you are ......

[Knappo 1307]

Originally Posted by gpfps

Flipping for me is wanting a watch so bad I sell a watch I haven't had a long time to get the one I have to have .But I always loose a little $ in the deals.

Then that isn't a true flip IMHO. A flip to me is having something for a short period of time, and selling it for a profit. That to me is the true meaning of "Flip". When someone flips a house, they buy it low and sell it shortly after for a profit. Losing money on a product whether a watch or whatever is not in my opinion a flip. To me selling a watch after having it for a short period of time, and losing money is called regret or I've found something I want more and don't care if I lose money to get it. That's not the true meaning of flip...

[Miamipawnsab]

Thank you guys for all you replies . Now I won't feel to bad if I lose some $ on a flip due to rushed decisions .

[Rodentman]

In my alleged mind, "flip" has the expressed meaning of buying low with the specific intent to sell high, a much touted means of getting rich quickly, as in Real Estate.

My son bought a foreclosed property that a flipper bought low, fixed up cheaply, and sold at market.

Personally, as in IMHO only, I feel flipping as defined above = avarice, a trait I much abhor. Some people just call it business, but I don't feel that way about it.

I have sometimes given stuff in my other hobby to people only to find it listed for sale.

Now I don't do that anymore unless I know it is going to a good home of someone who can and will keep it and use it.

[Miamipawnsab]

That's what I thought flipping was buying low or good price and selling for a little more or a lot more not flipping down