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PhilK · 16 January 2013, 07:01 AM

...
Advice please from UK Members. I am selling one of my watches and have been offered £4,200 by a reputable dealer for a BNIB (all seals intact) Anniversary Submariner (16610LV). It is one of the very last ones produced in 2010 on a Random Serial Number and has its box and all papers etc.

I ... would value the views of fellow UK Members on whether this looks a good deal or not or whether I should seek a higher price.

Many thanks.

Grumpy Badger · 16 January 2013, 07:16 AM

I'm not an expert but I'd say it's a fair "trade" price. You might get more from a private sale, or then again you might struggle if you don't have a proven track record of selling high end watches.

He's left himself room to to sell it for profit but he's a dealer and he has to pay his bills and put food on the table.

dandan · 16 January 2013, 07:20 AM

I would say this sounds about right. Not an expert but sounds fair to me!

joe100 · 16 January 2013, 07:30 AM

My advice is to read as much as you can before purchasing. Look at sales threads here, eBay auction, full retail etc. read every thread on the 16610LV, and there are a lot of them. Be your own expert

spuds · 16 January 2013, 08:11 AM

Very fair trade price IMO......

you'd easily get £4.5k and possibly even closer to £5k in a private sale but would have all the potential risks and hassles too.

Tri-National-Man · 16 January 2013, 08:23 AM

I would take it to the upcoming watch & clock fair in Solihull this coming Sunday where you will get the best trade price for it from one of the many dealers there.. I would be interested myself!

PhilK · 16 January 2013, 09:31 AM

Many thanks for the responses to date. Most helpful.

jay1988 · 16 January 2013, 10:13 AM

12 watches like yours for sale similar to yours in the UK. Price ranges from £4,895 to £5,500.

I would try and offer it for privately sale first. Be willing to meet the person so they can inspect the watch properly.

I wouldn't be surprised if his plan was to sell it for £5,200. He will give you usual BS about it being "super rare" "rare serial number" "one of the last produced" "great investment" "future collectible".

I would not take that price. BNIB with all seals 16610LV's are not common.

dandan · 17 January 2013, 05:51 AM

Quote:

Originally Posted by Tri-National-Man

I would take it to the upcoming watch & clock fair in Solihull this coming Sunday where you will get the best trade price for it from one of the many dealers there.. I would be interested myself!

Shaun have you been to this before? Is it good? I cant make Sunday but looks like it is on every couple of months so will go in the future!

AK797 · 17 January 2013, 06:08 AM

Try and sell it privately on TURF as well.

Tri-National-Man · 17 January 2013, 08:53 AM

Quote:

Originally Posted by dandan

Shaun have you been to this before? Is it good? I cant make Sunday but looks like it is on every couple of months so will go in the future!

Will be shooting a video of my time there hunting for watches.. Keep u posted!

dandan · 18 January 2013, 08:07 AM

Great thanks buddy!

cityinvest · 18 January 2013, 09:25 AM

What does BNIB mean??

PhilK · 18 January 2013, 04:40 PM

Quote:

Originally Posted by cityinvest

What does BNIB mean??

Brand New in Box..... Unworn and as supplied with Rolex (preferably with all the sticky protective strips still in place on the watch and its bracelet).

PhilK · 18 January 2013, 04:44 PM

Quote:

Originally Posted by jay1988

12 watches like yours for sale similar to yours in the UK. Price ranges from £4,895 to £5,500.

I would try and offer it for privately sale first. Be willing to meet the person so they can inspect the watch properly.

I wouldn't be surprised if his plan was to sell it for £5,200. He will give you usual BS about it being "super rare" "rare serial number" "one of the last produced" "great investment" "future collectible".

I would not take that price. BNIB with all seals 16610LV's are not common.

Many thanks to yourself and others for this advice. Have now gone back to the dealer and received a higher offer.

16 January 2013, 07:01 AM	#1
PhilK "TRF" Member Join Date: May 2009 Location: London Posts: 192	Advice Please (UK Members) ... Advice please from UK Members. I am selling one of my watches and have been offered £4,200 by a reputable dealer for a BNIB (all seals intact) Anniversary Submariner (16610LV). It is one of the very last ones produced in 2010 on a Random Serial Number and has its box and all papers etc. I ... would value the views of fellow UK Members on whether this looks a good deal or not or whether I should seek a higher price. Many thanks. Last edited by Tools; 16 January 2013 at 09:37 AM.. Reason: Edited for content

16 January 2013, 07:16 AM	#2
Grumpy Badger "TRF" Member Join Date: Mar 2011 Real Name: Mark Location: Bonny Scotland Watch: 14060M Sub (cosc) Posts: 5,280	I'm not an expert but I'd say it's a fair "trade" price. You might get more from a private sale, or then again you might struggle if you don't have a proven track record of selling high end watches. He's left himself room to to sell it for profit but he's a dealer and he has to pay his bills and put food on the table. __________________ Don't mind me. I'm full of scotch, bitterness and impure thoughts! "You have enemies? Good! That means you stood up for something, sometime in your life." Sir Winston Leonard Spencer-Churchill KG, OM, CH, TD, PC, DL, FRS.

16 January 2013, 07:30 AM	#4
joe100 2024 SubLV41 Pledge Member Join Date: Nov 2007 Real Name: Joe Location: New Mexico Watch: Explorer Posts: 12,840	My advice is to read as much as you can before purchasing. Look at sales threads here, eBay auction, full retail etc. read every thread on the 16610LV, and there are a lot of them. Be your own expert __________________ It's Espresso, not Expresso. Coffee is not a train in Italy. -TRF Member 6982-

16 January 2013, 08:11 AM	#5
spuds "TRF" Member Join Date: Nov 2009 Real Name: Dan Location: Essex, UK Watch: West Ham! COYI!! Posts: 7,941	Very fair trade price IMO...... you'd easily get £4.5k and possibly even closer to £5k in a private sale but would have all the potential risks and hassles too. __________________ Onwards & Upwards Rodders...... Onwards & Upwards. Life is not about how fast you can run or how high you can climb........... It's about how well you can bounce!! TRF HALL OF FAME JANUARY 2010

16 January 2013, 07:20 AM	#3
dandan "TRF" Member Join Date: Mar 2010 Location: UK Watch: GMT II Posts: 158	I would say this sounds about right. Not an expert but sounds fair to me!

16 January 2013, 08:23 AM	#6
Tri-National-Man "TRF" Member Join Date: Dec 2008 Real Name: Shaun Location: Devonshire Watch: SubND/D/LV Posts: 651	I would take it to the upcoming watch & clock fair in Solihull this coming Sunday where you will get the best trade price for it from one of the many dealers there.. I would be interested myself!

16 January 2013, 09:31 AM	#7
PhilK "TRF" Member Join Date: May 2009 Location: London Posts: 192	Many thanks for the responses to date. Most helpful.

16 January 2013, 10:13 AM	#8
jay1988 "TRF" Member Join Date: Feb 2012 Location: Midlands Posts: 1,515	12 watches like yours for sale similar to yours in the UK. Price ranges from £4,895 to £5,500. I would try and offer it for privately sale first. Be willing to meet the person so they can inspect the watch properly. I wouldn't be surprised if his plan was to sell it for £5,200. He will give you usual BS about it being "super rare" "rare serial number" "one of the last produced" "great investment" "future collectible". I would not take that price. BNIB with all seals 16610LV's are not common.

17 January 2013, 06:08 AM	#10
AK797 2024 Pledge Member Join Date: Feb 2010 Real Name: Neil Location: UK Watch: ing ships roll in Posts: 59,369	Try and sell it privately on TURF as well.

18 January 2013, 08:07 AM	#12
dandan "TRF" Member Join Date: Mar 2010 Location: UK Watch: GMT II Posts: 158	Great thanks buddy!

18 January 2013, 09:25 AM	#13
cityinvest "TRF" Member Join Date: Dec 2012 Real Name: Martin N Location: UK Watch: PP Nautilus Posts: 43	What does BNIB mean??

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