Flipper!

[subtona]

I often buy watches and then trade them.
I never buy with the intent to sell.

My experience is, I seldom know a watch well enough to predict its future until I have it home and on my wrist. Along the journey there have been a couple of watches that only took a few hours to realize they weren’t right for me. Others may take a year before I accept it is not getting wrist time and realize it has to go.

I’ve gotten better but can still be surprised by a watch once it lands on my wrist.

[cornsyrup_bezel]

-selling something as “never worn”
-selling <6 months
-pcl and/or clasp have no scratches

[Father and Son]

Originally Posted by pepemaui

i would define a flipper as repeatedly purchasing or sourcing watches with the intent and actually selling them over and over. More of a quantity qualifier of selling… someone who is in the perpetual business of selling watches…

if i bought a watch and sold it four years later for profit one time i don’t think i’m in the business of watches.

If i buy a house and sell it five years later for profit i don’t think anybody would think i’m a flipper but if i bought five houses in one year and refurbished them all and immediately put for sale signs up i think that’s more along the lines. Obviously just an opinion.

+1

[grimps]

Originally Posted by Rado63

What do you call someone who buys a watch and sells it for less than they paid for it even if the watch was just a day old or a few years old? Is that a flipper or an enthusiast, a hobbyist, or a collector? Not every watch Rolex or other brands immediately sells for a price over MSRP. Most of these pieces that are at the secondary market dealer come from repeat buyers that the AD has decided is a VIP client. The client doesn't want the watch to wear it but, he may want it for his collection, or buys it just to maintain purchase history at the AD and sells the watch on sometimes making money sometimes losing money.

I used to do this all the time and the term 'Flip' was always used on this forum.
I've sold a few watches at a loss and I've sold a few at a profit , the watches are my property and I'll do what I like with them..

I think the term 'Professional Flipper' might be better for the people walking out of a dealers and selling them the same day

[inadeje]

Originally Posted by Rado63

What do you call someone who buys a watch and sells it for less than they paid for it even if the watch was just a day old or a few years old? Is that a flipper or an enthusiast, a hobbyist, or a collector? Not every watch Rolex or other brands immediately sells for a price over MSRP. Most of these pieces that are at the secondary market dealer come from repeat buyers that the AD has decided is a VIP client. The client doesn't want the watch to wear it but, he may want it for his collection, or buys it just to maintain purchase history at the AD and sells the watch on sometimes making money sometimes losing money.

At last some logic. The term flipper will become as antiquated as the hay days of 2020/21 when this whole fanaticism is culled.

[faimag]

Originally Posted by prnceofpersia23

agree with others...buying with the intention of selling no matter how long the holding period.

+1

[boricuajr]

a flipper to me is simply one whose pure intent is to sell immediately for a profit.
i think if you hold for 6 months or more and you sell it could be for other reasons

nothing more upsetting than searching greys and seeing a description of the watch like new box and papers and only a month or so old

not that the person holding shorter may not be in a jam and needs to let go