Would You Take This From The AD?

[onthewaitlist]

Hi everyone,

I've just been offered a Day Date 40mm, champaign dial with roman numeral markers.

I'm thinking about getting this watch to build a relationship with the AD (so I can get closer to my grail of getting the Pepsi GMT *been wanting this since 2018).

What are you guys' thoughts of getting this piece, wear it a for a while (due to the pandemic, there are fewer events that I can wear gold watches to compared to prior) and potentially selling it later?

I'm not familiar with the Day Date market value or as an investment piece... so I'm hoping to get an advice whether this piece will at least hold 85% of its value.

I don't want to be buying a watch that doesn't hold value at this particular time.

Updates: *Should've provided more info. :-)

#1 - The AD quoted me USD34.5K. (There's no tax, and this is an AD I've bought from before)
#2 - DD40 is definitely one watch that I would like to add to my collection, just unsure whether I want champagne dial / black dial.
#3 - I'm definitely not buying this DD to get the GMT. (But it helps, I would like to buy from this AD). I would still really appreciate this DD and would like to wear it.

PS: Been a silent reader for a year now, finally posting first post/thread in this forum.

PSS: I know watches are not supposed to be investment.

[brucethemanlee]

wait a second...

you want to spend $42k after taxes on a gold DD. Hope to get a Pepsi (maybe) at MSRP in order to avoid paying grey market prices say $9k extra

Then sell your recent purchase DD at 85% = losing $6k

So dollar value your ahead by $3k but with no ETA or guarantee on Pepsi delivery that could take up to year or longer

Not sure if $3k savings worth that uncertainty unless you're trying to build history... but you're paying $3k for that history

[GolfJunkie]

Originally Posted by brucethemanlee

wait a second...

you want to spend $42k after taxes on a gold DD. Hope to get a Pepsi (maybe) at MSRP in order to avoid paying grey market prices say $9k extra

Then sell your recent purchase DD at 85% = losing $6k

So dollar value your ahead by $3k but with no ETA or guarantee on Pepsi delivery that could take up to year or longer

Not sure if $3k savings worth that uncertainty unless you're trying to build history... but you're paying $3k for that history

My thoughts as well.

Just buy the BLRO on the secondary market if that's the watch you want.

[Napoleon]

Originally Posted by brucethemanlee

wait a second...

You want to spend $42k after taxes on a gold dd. Hope to get a pepsi (maybe) at msrp in order to avoid paying grey market prices say $9k extra

then sell your recent purchase dd at 85% = losing $6k

so dollar value your ahead by $3k but with no eta or guarantee on pepsi delivery that could take up to year or longer

not sure if $3k savings worth that uncertainty unless you're trying to build history... But you're paying $3k for that history

100%

[Jack T]

Originally Posted by brucethemanlee

wait a second...

you want to spend $42k after taxes on a gold DD. Hope to get a Pepsi (maybe) at MSRP in order to avoid paying grey market prices say $9k extra

Then sell your recent purchase DD at 85% = losing $6k

So dollar value your ahead by $3k but with no ETA or guarantee on Pepsi delivery that could take up to year or longer

Not sure if $3k savings worth that uncertainty unless you're trying to build history... but you're paying $3k for that history

These points were running through my head as I read the OP, so I'll conserve the pixels and say "ditto"

[MattyL147]

Originally Posted by brucethemanlee

wait a second...

you want to spend $42k after taxes on a gold DD. Hope to get a Pepsi (maybe) at MSRP in order to avoid paying grey market prices say $9k extra

Then sell your recent purchase DD at 85% = losing $6k

So dollar value your ahead by $3k but with no ETA or guarantee on Pepsi delivery that could take up to year or longer

Not sure if $3k savings worth that uncertainty unless you're trying to build history... but you're paying $3k for that history

This!

[onthewaitlist]

Originally Posted by brucethemanlee

wait a second...

you want to spend $42k after taxes on a gold DD. Hope to get a Pepsi (maybe) at MSRP in order to avoid paying grey market prices say $9k extra

Then sell your recent purchase DD at 85% = losing $6k

So dollar value your ahead by $3k but with no ETA or guarantee on Pepsi delivery that could take up to year or longer

Not sure if $3k savings worth that uncertainty unless you're trying to build history... but you're paying $3k for that history

No tax where I am. :-) After conversion - it's about $USD34,500~.

[teabags001]

Originally Posted by onthewaitlist

No tax where I am. :-) After conversion - it's about $USD34,500~.

I’ve been looking for one. If you pass on it I’ll buy it and you can use me as a referral to your AD.


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[-Skyfall-]

I agree with the above. If you have the money for a day date just get on DavidSW right now and order your grail watch and don't look back. Because chances are just buying that day date won't guarantee you a pepsi.

That said a yellow gold day date is a boss watch.

[RJRJRJ]

There are some DDs these days that you can flip immediately and not lose much, if anything, but they need to be unworn. The YG/Champagne DD is not one of them.

[Rrpdc]

Originally Posted by RJRJRJ

There are some DDs these days that you can flip immediately and not lose much, if anything, but they need to be unworn. The YG/Champagne DD is not one of them.

+1

Wg blue or olive would be a different story.

Yg forget it.

[tmoy810]

That's a little short sighted no?

Suppose he also wants a cermit or a no date sub?

Getting the 3rd or the 4th watch puts him way ahead.

[jcarm981]

You’ll lose on that with maybe a chance to break even. Greys are selling new for 36-37k and your watch would be used. Maybe you get 33-34k but then you are down 8-9k. If you get the Pepsi net probably even. You’d have to really like it IMO to do this and it sounds like you don’t.

[VogelPhoenix]

Originally Posted by jcarm981

You’ll lose on that with maybe a chance to break even. Greys are selling new for 36-37k and your watch would be used. Maybe you get 33-34k but then you are down 8-9k. If you get the Pepsi net probably even. You’d have to really like it IMO to do this and it sounds like you don’t.

The OP seems to say that the price from the AD is $34.5k. 85% would put him at $29K and change. That doesn't seem out of the question for a private sale.

[jcarm981]

Originally Posted by VogelPhoenix

The OP seems to say that the price from the AD is $34.5k. 85% would put him at $29K and change. That doesn't seem out of the question for a private sale.

Yeah he edited it after I commented to 34.5k with no tax. Makes it easier to digest then although still not a lot of sense.

[Goldnlivin]

That day-date won't guarantee you a Pepsi. I'd go grey in a heartbeat. That's where I got mine from. I've purchased a few PM watches from my AD and still no hot steel watches. Save yourself the time and aggravation. AD games are NO fun.

[Captain Lee]

Forget about "relationships". That's absurd when discussing retail transactions. If you want a BLRO, save yourself time and money in the long run and buy a new unworn one with stickers. I did and have zero regrets about that choice and am in fact "up" over $4k from where I started. I don't care though because as you already said watches are not investments. If you have money for a DD...buy the BLRO from a trusted seller and then put the remaining funds in crypto or some other market. Forget this "relationship" you speak of.

[1995akcoop]

Originally Posted by Captain Lee

Forget about "relationships". That's absurd when discussing retail transactions. If you want a BLRO, save yourself time and money in the long run and buy a new unworn one with stickers. I did and have zero regrets about that choice and am in fact "up" over $4k from where I started. I don't care though because as you already said watches are not investments. If you have money for a DD...buy the BLRO from a trusted seller and then put the remaining funds in crypto or some other market. Forget this "relationship" you speak of.

Agreed!! These AD relationships are waaaaay overrated. Everyone claims to have a relationship still its the scarcity of the watches not the lack of relationships, especially if they’re gonna sell to whomever they want.


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[Gazza74]

Originally Posted by Captain Lee

Forget about "relationships". That's absurd when discussing retail transactions. If you want a BLRO, save yourself time and money in the long run and buy a new unworn one with stickers. I did and have zero regrets about that choice and am in fact "up" over $4k from where I started. I don't care though because as you already said watches are not investments. If you have money for a DD...buy the BLRO from a trusted seller and then put the remaining funds in crypto or some other market. Forget this "relationship" you speak of.

Any recommendations for best seller to get a new BLRO from?


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[alonsowwss]

Oh no. Don’t get a watch you don’t even want to get a watch you might not even get.


126334Blue//116710BLNR//116500White//116622Rhodium//Cartier Drive Moonphase//Cartier Santos ADLC

[928ktgold]

Originally Posted by alonsowwss

Oh no. Don’t get a watch you don’t even want to get a watch you might not even get.


126334Blue//116710BLNR//116500White//116622Rhodium//Cartier Drive Moonphase//Cartier Santos ADLC

That should be the motto of TRF. Well said!

[biscotti]

Originally Posted by alonsowwss

Oh no. Don’t get a watch you don’t even want to get a watch you might not even get.


126334Blue//116710BLNR//116500White//116622Rhodium//Cartier Drive Moonphase//Cartier Santos ADLC

Well said!

[huncho]

it's not worth it unless you like the day date

if you do like the day date, get it and tell them you want a pepsi with it. then you have an amazing 2 watch collection for life

[onthewaitlist]

Originally Posted by huncho

it's not worth it unless you like the day date

if you do like the day date, get it and tell them you want a pepsi with it. then you have an amazing 2 watch collection for life

Yup that's the plan. I've always been a fan of the DD.

Not sure whether to go with champagne dial or black dial.

[jimcarver]

Originally Posted by onthewaitlist

Yup that's the plan. I've always been a fan of the DD.

Not sure whether to go with champagne dial or black dial.

If the plan is to keep the DD then its a different story, but then you don't need to worry about the investment side of things.

One thing i would say is the black dial probably sells easily so it is unlikely enough to get you a Pepsi alongside it.

[gtnator]

Originally Posted by onthewaitlist

Yup that's the plan. I've always been a fan of the DD.

Not sure whether to go with champagne dial or black dial.

Black dial, WG, now that’s smoking, for me.


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[shaunylw]

I would never do this. Buy one grey market. Or try to get better watches from the AD to sell if you’re building a relationship. Offering a DD to someone that wants a BLRO is a pretty good sign you’re not getting it.


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[jimcarver]

Agree with everyone else. Its a crazy plan.
If he gave you the Pepsi there and then, it could be worth it, but only if you liked the DD. The fact is he isn't and the DD purchase probably isn't enough to get you one.

[RolexRon456]

Get the DD40! You prob won’t even want the Pepsi after

[fskywalker]

Bad deal


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