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4 January 2019, 11:55 AM | #1 |
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B&P- Hate to ask but...
Greetings,
I know the question of B&P has come up over and over and over again. I am with the school of thought that for any modern Rolex in production, B&P are nice, but depending on the price, meh... it would not be a deal-breaker. I have 36mm Exp. 114270 that I do not wear, it gets wound and repositioned in the safe deposit box once a month. To be clear I'm not selling this watch, I just have a question. My question is a little beyond just B&P. Ok, I'm a little neurotic as you will soon see. The 114270 is not vintage but it is no longer in production. My question is will a "full package" add any value to the watch or just make it easier to sell? This is what I call a full package. **Hologram peeled and well preserved ** both hand tags **inner/outer box and outside sleeve **3 Rolex books **Original certificate showing me as original owner(with the cardboard sleeve that they used to give out) and original purchase receipt **bezel protector **Old Rolex polishing cloth *even have that green cloth that is made of the same fabric of the inner box lining (ok I warned you I'm a little neurotic) So what do you think does it add any value or just easier to sell? I'm thinking the hologram alone has to add at least $7? Right? |
4 January 2019, 12:07 PM | #2 |
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It's said that the value for papers is about worth $500; maybe a bit more for a full set.
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4 January 2019, 12:10 PM | #3 |
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11 January 2019, 04:55 AM | #4 | |
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Quote:
The majority of people here say "B&P is not worth anything" and "you don't wear the papers" and "blah, blah, blah" but when the time comes to buy a watch only, everybody's first negotiation argument when asking for a lower price is because there is no B&P!!! |
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5 January 2019, 12:01 AM | #5 |
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OP, I don't think you're neurotic, just OCD. Nothing wrong with that - I'm the president of my local OCD chapter (well... I will be, if we can ever finish counting the votes).
LOL B&P do add some value, and that $500 is probably a good average (it varies, and is less important as the watch gets older). I'd suggest that more than boosting the sale price, it makes the watch easier to sell. Me personally, the boxes and especially owner/service manuals are nice but I see no benefit to the hang tags, plastics, etc.
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5 January 2019, 12:33 AM | #6 | |
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I agree. Hang tags don’t add much value at all. The warranty certificate gets more important over time as it documents the provenance of the watch and makes it much easier to sell. This is more important in the vintage market so in 20 years your warranty paper will be a far more significant driver of value. Sent from my iPhone using Tapatalk |
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5 January 2019, 12:48 AM | #7 |
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Serious question.
If you realize this topic has been beat to a pulpy death - clearly you’ve read all the rationale - on this forum... What is it you hope to learn by asking - again. Not trying to be a wise-guy. I’m genuinely curious. |
5 January 2019, 12:57 AM | #8 | |
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If you're keeping it, then who really cares, it's just cool personal sentimental value. However, if we're talking provenance, then maybe in 50, 100 years the papers will add to the value. At least that what seems to be the case at auctions and (antiques roadshow) for toys and collectible stuff. Hell, today Rolex ADs aren't even giving people their warranty cards at purchase. |
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5 January 2019, 09:23 AM | #9 | |
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However, like Rashid says, as time goes on and on, the papers is nearly the most important part since it speaks to the authenticity which, let's be real, causes many sellers to be at ease knowing that it dramatically diminishes chance of fakes or other frauds (whether it is known or unknown) |
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5 January 2019, 01:06 AM | #10 |
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Box, book, and warranty card make it easier to sell, some buyers will ignore if it doesn't have that. A watch dealer can charge a bit more for box and papers.
The tag, hologram, stickers (ewww), salespersons card, receipt, service papers, bag from store etc are not going to increase the price someone will pay. Most people won't care about that stuff. That stuff does make someone feel better about the purchase because it adds provenance but that doesn't raise the price . A few ocd buyers will be thrilled to get all that, but they would buy a watch without it (assuming they would ever buy a used watch). IMHO the value in used goods from someone ocd and fastidious isn't the package of paraphernalia. The value is - anyone who keeps all the records and paraphernalia tends to be very careful with their stuff. When I see all that stuff I think "this guy's watch probably looks showroom new." |
5 January 2019, 01:07 AM | #11 |
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Why do you have that watch, if you don't wear it? Do you intend to wear it in future? Do you intend to gift it to someone when they grow up? Do you think it's an appreciating asset? Was it from someone special, a keepsake?
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5 January 2019, 04:19 AM | #12 |
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The warranty card/ certificate is most important. The other stuff can be bought easily online.
A complete set like this is much easier to sell. Personally I don't consider anything but a full set ever.
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10 January 2019, 04:53 AM | #13 | |
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Quote:
https://www.driven.co.nz/reviews/cla...aces-for-sale/ |
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10 January 2019, 06:02 AM | #14 |
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I was told box and paper don't affect the value of my 1675.
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5 January 2019, 04:29 AM | #15 |
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5 January 2019, 05:32 AM | #16 |
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I'm struggling with the desire for papers (bought one watch without, one with). I think what is more important to me is a current warranty card from recent OEM service. How do folks feel about that?
Is a service card from 10 years ago as good as the original warranty paper from 20 years ago? Both are functionally meaningless and both can easily be faked. |
11 January 2019, 04:55 AM | #17 | |
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Quote:
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5 January 2019, 06:21 AM | #18 |
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I like full sets but have bought several watches without B&P.
I'd buy the right watch at the right price, with or without.
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5 January 2019, 10:12 AM | #19 |
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Put your “investor” side on the passenger seat and let the WIS take the driver seat.
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5 January 2019, 10:55 AM | #20 |
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B&P- Hate to ask but...
Thinking back on this it’s funny that you bring this up because I just bought a 114270 and found it pretty difficult to find one that wasn’t polished with box and papers. I think the under appreciated references will be harder to find with papers going forward since many of them were offloaded by ADs to grey dealers with papers withheld. The 114270 in particular was caught in the middle of the push for larger watches. It’s a hidden gem because it has the newer movement and solid endlinks.
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5 January 2019, 11:34 AM | #21 |
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Yes a full set absolutely adds value and makes it much more appealing to a dealer. The idea it doesn’t is blatantly not true unless you’re selling to “friends and family” on a watch forum. The certificate is paramount. For example, in the Patek world a watch without papers becomes unsellable at times.
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5 January 2019, 07:25 PM | #22 |
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I’ve owned watches with no b&p and it does make a difference on retail. I would say however that if I was buying to wear/keep and it was an older model, I’d happily have a recent RSC service card to prove provenance in place of the original papers.
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5 January 2019, 08:02 PM | #23 |
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if I was buying your timepiece, it would def add value, and I'd appreciate you were on top of your game!
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10 January 2019, 04:35 AM | #24 |
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I put ZERO value on B&P, but I take pride in being as minimal as possible. I do not like clutter and hate to store things.
In fact I throw away all my boxes and receipts etc.. I purchase new guns and first thing I do is throw away the box and papers. New Watches and throw out box and papers. New fancy titanium knife, PEN, or whatever EDC gear. B&P all goes out and into the trash. Not logical I know, but storing things is bothersome to me. With Used Rolex even if it has B&P I would get it authenticated before I purchase it or purchase from a reputable dealer. bigC |
10 January 2019, 04:45 AM | #25 |
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Do you want to explain the “repositioning” bit?
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10 January 2019, 06:28 AM | #26 |
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I don't think it adds that much value, except that if there were two watches for sale then I would buy the one with all the extra bits. Wouldn't pay anymore, it would just mean I would choose that one.
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10 January 2019, 06:53 AM | #27 |
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The coffin is also important, (of course only for watches that were originally shipped in one.)
If you ask me a watch that is "easier to sell" is more valuable than a watch that is less desirable. It means something if you can honestly say you have the full set. The difference between having the full set and not having the full set can be quite large. |
11 January 2019, 04:35 AM | #28 |
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I wear the watch not the papers no biggie for me, just pay less without papers. Byw wear your watch and enjoy it otherwise you just saving the condition for the next owner, life is short enjoy!
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11 January 2019, 04:40 AM | #29 |
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I agree that the box and papers is nice to have and adds a few hundred dollars to the value of the watch if you were going to sell it. The highlight for me in a recent negotiation on a Tudor was the buyer explaining that despite negotiating a fair discount on my full set watch which was already the lowest priced one for sale anywhere that because my name was on the warranty card he needed another 18% off the already negotiated price. Expired but Blank warranty cards are apparently worth more than the watches they ship with. He couldn't understand why I didn't accept his offer or agree with his logic.
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