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Old 1 March 2015, 04:29 AM   #1
DKRanger22
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Is this a "Buy"?

Have the opportunity to buy a 2010 116710 GMT from my local jeweler. I've purchased thousands from him over the years including my wife's engagement ring and our wedding bands. We have a good relationship and trust 100%.

The watch is in great condition and is truly more beautiful in the flesh. The watch was just serviced and comes with that paperwork, but no original box or original papers. They are asking $6,500 but have offered it to me at $5,500.

Price seems to be pretty good, but not sure if it's a screaming deal. Should I spend a little bit more and get one with correct boxes and papers from a RF trusted seller, or is this too good of a price to pass up?
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Old 1 March 2015, 04:32 AM   #2
xjeeunitx
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That seems like a fair price. I would offer him 5000.
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Old 1 March 2015, 04:32 AM   #3
Afghanvet
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Concur...
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Old 1 March 2015, 04:33 AM   #4
Flstfirider
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I would think that with a little searching you could find a black ceramic GMT with box and papers close to the same price from a trusted seller on the forum.
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Old 1 March 2015, 09:28 AM   #5
aaamax
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I would think that with a little searching you could find a black ceramic GMT with box and papers close to the same price from a trusted seller on the forum.
??? What am I missing here?? This is a ceramic no?
Anything under 6k for a good shaped 2010 is lower than any I have ever seen.
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Old 1 March 2015, 04:36 AM   #6
DKRanger22
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Really appreciate the feedback. I'm sitting outside his shop as we speak, and don't want to make an impulsive move. I'll see if he has any wiggle room, but am leaning towards a "pass".

Thank you TRF.
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Old 1 March 2015, 04:44 AM   #7
Urosfan
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I would offer around 5k
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Old 1 March 2015, 04:47 AM   #8
Travelin' Jack
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It's a fair price, I'd buy it. You can't wear a box and papers.
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Old 1 March 2015, 05:12 AM   #9
Poly
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It's a fair price, I'd buy it. You can't wear a box and papers.
Agree completely. Maybe ask for 5 and meet in the middle.
But, don't lose out for the sake of a couple hundred bucks and a piece of paper!
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Old 1 March 2015, 05:12 AM   #10
TimeToGo
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Sounds like a GREAT buy..
Any other accessories?
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Old 1 March 2015, 05:16 AM   #11
ltmgeller
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I'd see if he goes for 5k.
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Old 1 March 2015, 05:19 AM   #12
RUK
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5500 sounds good to me


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Old 1 March 2015, 05:31 AM   #13
AK797
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Offer 5 take 5.25.
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Old 1 March 2015, 05:39 AM   #14
Robert Cross
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Quote:
Originally Posted by DKRanger22 View Post
Have the opportunity to buy a 2010 116710 GMT from my local jeweler. I've purchased thousands from him over the years including my wife's engagement ring and our wedding bands. We have a good relationship and trust 100%.

The watch is in great condition and is truly more beautiful in the flesh. The watch was just serviced and comes with that paperwork, but no original box or original papers. They are asking $6,500 but have offered it to me at $5,500.

Price seems to be pretty good, but not sure if it's a screaming deal. Should I spend a little bit more and get one with correct boxes and papers from a RF trusted seller, or is this too good of a price to pass up?
Quote:
Originally Posted by xjeeunitx View Post
That seems like a fair price. I would offer him 5000.
Quote:
Originally Posted by Urosfan View Post
I would offer around 5k
Quote:
Originally Posted by AK797 View Post
Offer 5 take 5.25.

Don't forget the TAX.....

Bob
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Old 1 March 2015, 05:51 AM   #15
77T
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Even with tax it's a good deal if you want a GMT - presuming all is fine inside the case.
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Old 1 March 2015, 05:57 AM   #16
Mr. K
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Maybe he can't move on price, but try for something else like free first overhaul or if he can throw in some Rolex goodies...? Pocket knife? Maybe a set of earrings for the wife to sweeten things up?
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Old 1 March 2015, 06:04 AM   #17
Micha
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Anyone show me where you can buy a serviced 116710 for 5000 please???
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Old 1 March 2015, 06:06 AM   #18
Mr. K
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Anyone can show me where you can buy a serviced 116710 for 5000 please???
Hmmmm... logic. I like it.
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Old 1 March 2015, 06:10 AM   #19
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Anyone can show me where you can buy a serviced 116710 for 5000 please???
People love to talk.
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Old 1 March 2015, 06:25 AM   #20
locutus49
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That is why we join discussion boards.

OP: That is a good deal IMO. Don't lose out for a few hundred bucks. My thinking is that you want the box and all if you are going to resell it, because people seem to care about that. If you are going to keep it, and you trust the seller, then go for it.

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Old 1 March 2015, 06:10 AM   #21
danyvw
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Quote:
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Anyone can show me where you can buy a serviced 116710 for 5000 please???
Lol. I want to know where too. 116710 serviced is around $1500 more than that. Exactly what they are asking for. If you can get it for $5000 will be the "Deal of the Year"
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Old 1 March 2015, 06:18 AM   #22
TimeToGo
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Anyone show me where you can buy a serviced 116710 for 5000 please???
X2

I do not think people get it...
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Old 1 March 2015, 06:18 AM   #23
77T
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Quote:
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Anyone show me where you can buy a serviced 116710 for 5000 please???

Agree 100% even with tax it's a good deal.
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Old 1 March 2015, 06:09 AM   #24
Tudor66
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Did you make your move Andrew...? I might have to fly out there and pick this up myself....

Good luck,, ,
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Old 1 March 2015, 07:07 AM   #25
CDNWatchNut
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I also think at $5.5k it's a decent buy for what it is, assuming the condition is good, e.g it hasn't been over polished or showing significant scars from lack of reasonably careful use.
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Old 1 March 2015, 07:52 AM   #26
Flstfirider
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DavidSW had one listed a month ago for $5675. Box, books, no papers.

http://www.rolexforums.com/showthrea...ln#post5576967
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Old 1 March 2015, 08:35 AM   #27
tkerrmd
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Make a move!
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Old 1 March 2015, 08:44 AM   #28
watchwatcher
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Make a move!
Listen to the doc..he knows.
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Old 1 March 2015, 09:21 AM   #29
tomcorkery
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I would not do it. Will be hard to re sell without box and papers. I would not buy a watch without box and papers. Every time i trade in a watch they always ask if the set is complete.
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Old 1 March 2015, 09:07 PM   #30
AK797
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I would not do it. Will be hard to re sell without box and papers. I would not buy a watch without box and papers. Every time i trade in a watch they always ask if the set is complete.
I think without box and papers in general is for people who are prepared to re-sell privately, as to a dealer they will really beat you down on price.
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