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25 October 2017, 03:35 PM | #181 |
"TRF" Member
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Real Name: Kevin
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Watch: 124060
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They have a store front in Huntington Beach, its appointment only. Ive been there once.
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25 October 2017, 07:06 PM | #182 |
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Location: Mi
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25 October 2017, 10:49 PM | #183 |
2024 Pledge Member
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Location: Fl
Watch: 116610LV,Pam etc.
Posts: 1,328
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Wow I just found this thread , what a way to introduce himself , with legal threats!!!!
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25 October 2017, 11:07 PM | #184 |
"TRF" Member
Join Date: Nov 2006
Location: Texas
Posts: 53
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Just for awareness Paul Altieri is now listing watches for sale here as "Paul Watches". For example:
https://www.rolexforums.com/showthre...hlight=altieri I have not done business with Bob / Paul but did not see this mentioned in the thread - apologies if I missed it. |
25 October 2017, 11:26 PM | #185 |
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Real Name: Jason
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Watch: Sea Dweller
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Thanks for the headsup... ^^^
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25 October 2017, 11:54 PM | #186 |
"TRF" Member
Join Date: Nov 2013
Real Name: John
Location: newport beach
Watch: Pateks Plural
Posts: 1,620
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26 October 2017, 12:07 AM | #187 |
"TRF" Member
Join Date: Nov 2013
Real Name: John
Location: newport beach
Watch: Pateks Plural
Posts: 1,620
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My mistake. I never searched too hard and for good reason which we can see now from this thread. The last thing I would want to do is get into a legal dispute with someone that rambles about a lawsuit over a couple of grand. Would cost more to make the call than the watch is worth. What the OP did was far from slander and simply shared his experience while asking for advice..
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26 October 2017, 01:51 AM | #188 | |
"TRF" Member
Join Date: Jun 2016
Real Name: Kevin
Location: Irvine, CA
Watch: 124060
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Quote:
Btw, hello neighbor! I work in Newport on PCH, good to see another TRF member from here! |
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26 October 2017, 02:38 AM | #189 |
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Join Date: Nov 2013
Real Name: John
Location: newport beach
Watch: Pateks Plural
Posts: 1,620
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There are quite a few of us on here from the area. Always good to meet more with the same addictions for further enabling.
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26 October 2017, 02:52 AM | #190 |
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Real Name: Brandon
Location: Los Angeles, CA
Watch: Yes Please!
Posts: 6,691
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Personally don't like bobs watches. Over priced and once they receive your watch they never actually stick to there original offer price.
__________________
Rolex GMT Master II 116710LN Panerai PAM 359 Audemars Piguet RO 15300OR Follow me on Instagram: @b_jakobovich |
27 October 2017, 04:54 PM | #191 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Aug 2012
Real Name: Lee
Location: 42.48.45N70.48.48
Watch: Too many to list!
Posts: 33,691
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27 October 2017, 11:28 PM | #192 | |
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Real Name: Jason
Location: USA
Watch: Sea Dweller
Posts: 8,561
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Quote:
By my crude calculations, they would have to do roughly 60k of business a day 7 days a week? |
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28 October 2017, 03:12 AM | #193 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Aug 2012
Real Name: Lee
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Posts: 33,691
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Not so unlikely; 6@$10K/day = 12@$5K = $60K. I'd think the trick is finding the watches but since he's buying at 30% below minimum market price and using methods discussed in this thread to reduce that price it's possible.
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29 October 2017, 12:00 AM | #194 |
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Real Name: SMD
Location: LGA/EWR/ORD
Watch: AP/PP
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29 October 2017, 05:57 AM | #195 |
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Join Date: Jul 2011
Real Name: Brandon
Location: Indianapolis
Watch: my money vanish
Posts: 8,506
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29 October 2017, 07:23 AM | #196 |
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Join Date: Mar 2017
Real Name: Steve
Location: Australia
Watch: Rolex & Tudor
Posts: 179
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I was and still am, very satisfied with my purchase from Bob's watches. They provided a smooth international transaction and my watch was in my hands in just over 1 week!
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29 October 2017, 07:27 AM | #197 |
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29 October 2017, 08:18 PM | #198 |
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interesting in that Forbes article he says his goal was to provide transparency by publishing the prices he buys watches. Except in reality it seems that it is more the illusion of transparency as he seems frequently (always?) to find a reason not to pay the published price.
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29 October 2017, 09:49 PM | #199 |
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Real Name: John
Location: newport beach
Watch: Pateks Plural
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20 million flipping Rolex seems far off as you stated. I know he pumps money into adwords and other forms of web traffic so anything is possible I suppose, but I am leaning towards nonsense as you said.
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30 October 2017, 12:04 AM | #200 | |
Banned
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Location: Calumet Harbor
Watch: ing da Bears
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Quote:
Their sell prices tend to be about 10% high, so he's got a pretty good margin built in (even for a B&M store). But I don't see stock move off their website fast enough to account for $20M a year just from watch sales. |
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30 October 2017, 07:54 AM | #201 | |
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Join Date: Jan 2013
Real Name: SMD
Location: LGA/EWR/ORD
Watch: AP/PP
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Quote:
Cash flow. Even the most robust retailer has lots tied up in inventory, and I would be willing to bet a handful of brands and models account for 80%+ of their sales. |
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30 October 2017, 04:10 PM | #202 |
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1 November 2017, 04:03 PM | #203 |
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Real Name: Eric
Location: Texas
Watch: 1975 Air-King
Posts: 35
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I just bought my first Rolex (Daytona) from Bob’s Watches and it was a great experience. I visited their location in Huntington Beach, Calif. and was impressed with their customer service. This place is legit. I even met the owner, Paul Altieri, who was wearing a Paul Newman Daytona and is a true watch afficianado. Purchase with confidence.
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29 December 2017, 05:01 PM | #204 |
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Location: Los Angeles
Watch: 3970
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Guys,
In my limited time on these forums and speaking to really reputable guys like Patrick from OC Rolex guy, SD watches, Takuya and David from Honolulu time, I have found out that there is always a pretty decent dealer profit and if you want "fair value" for your watch, you should try to sell it yourself; it might take a few months but that is the convenience fee that these dealers charge. I've gotten a few price quotes and I personally think Bob's Watches is pretty transparent at showing that they will buy a watch for $4k and sell for $6 to $6.5k. I did get quoted $4000 for my service dial GMT 1675 when Bob's is selling for $7.5k to $7.8k so I obviously didn't take it. The unfortunate nature of scaling an operation up is that Paul cannot control the quality of the interactions 100% and unless you've Govberg or a big chain I doubt you can really get real knowledgeable watch enthusiasts to run your operations and phone lines day to day. |
29 December 2017, 11:00 PM | #205 |
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Watch: 3970
Posts: 3,894
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I want to meet up to be further enabled and drool over other watches. In Diamond Bar/Brea myself. Nice pic of a gold sub by the way : )
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30 December 2017, 12:22 AM | #206 |
"TRF" Member
Join Date: May 2017
Real Name: Jere
Location: Tampa
Watch: 1982 GMT16750
Posts: 26
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glad I read this thread; I was actually looking at a couple vintage on bobs website;
the practice itself isn't something i'm cool with either; blocked. |
30 December 2017, 01:01 AM | #207 |
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Location: Canada
Watch: Rolex, JLC, etc
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A very dishonest practice. Basically it appears the unfair assumption with the quote provided by this firm is that the individual getting rid of the watch had a professional polish, professional regulation, and a new crystal otherwise you will get less than the quoted price. Obviously, in most cases someone wanting to get rid of a watch will not do all of this by default. The quoted price should be based on what we all know is the majority- not polished, not recently serviced, no brand new crystal. I would stay away from this seller he appears to prey on individuals wanting to make a quick sale by providing a lucrative quote then giving all kinds of reasons for paying less once the watch is in their possession.
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30 December 2017, 03:30 AM | #208 |
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Join Date: Jul 2014
Location: Bethesda
Watch: Apple TV
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bobs often gives more for watches then sellers here and sells for less than sellers here. just look at the prices.
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30 December 2017, 03:31 AM | #209 |
Banned
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Location: Bethesda
Watch: Apple TV
Posts: 5,744
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4 February 2018, 09:38 AM | #210 |
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Real Name: Vince
Location: Michigan
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Asking you to pay for the polish is quite something, I believe. Hope you find a buyer on this forum and their tactics don‘t pay off.
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