Fair trade or value for a Starbucks?

[dgr8dude]

I recently had the opportunity to purchase the 126610LV aka Starbucks at retail through my cousin's connection with his AD in Vienna. I've been wearing it with my only other Rolex which is a 7 year old 116619LB aka Smurf for the past a month a half now, but unfortunately I'm not "feeling" it after the honeymoon period. The green bezel and black combo isn't for me. I originally wanted the GMT Master aka Batgirl, but the sub's glidelock is the selling factor since my wife wears my Smurf too and having the glidelock is very convenient to have. Anyways, a gray market dealer is interested and I was thinking of trading it with a no date sub 114060LN plus an Explorer 214270. Just wondering if thats a fair trade or do I need to offer some cash on top?

[JRell]

Had them all - the SubLV is superior, especially to the 114060. Also I don’t like to feed the grey markets, only sell back to my AD so can’t help you there. Also the BLNR wears better to me without the glidelock for what it’s worth. Maybe give that a try first. If anything I would get the 124060 over the 114060.

[HiBoost]

Originally Posted by dgr8dude

I recently had the opportunity to purchase the 126610LV aka Starbucks at retail through my cousin's connection with his AD in Vienna. I've been wearing it with my only other Rolex which is a 7 year old 116619LB aka Smurf for the past a month a half now, but unfortunately I'm not "feeling" it after the honeymoon period. The green bezel and black combo isn't for me. I originally wanted the GMT Master aka Batgirl, but the sub's glidelock is the selling factor since my wife wears my Smurf too and having the glidelock is very convenient to have. Anyways, a gray market dealer is interested and I was thinking of trading it with a no date sub 114060LN plus an Explorer 214270. Just wondering if thats a fair trade or do I need to offer some cash on top?

Seems like a decent price to me. The 126610LV has been dropping in value recently and a few gray dealers have noted they won't even buy any more since they have 5+ in stock already. The two references you mentioned would likely cost between $9k and $11k depending on terms of delivery and condition. You'd have to sort the specifics yourself but it certainly doesn't seem like some crazy lowball offer IMO.

EDIT: Seems like you weren't actually offered this trade, you are just asking if that would be reasonable. In that case I'd be surprised if you could trade them straight up. Seems like that would be way better for you than him.

[Barada7]

Prices seem to have dropped a bit on these. Depending on the condition, I’d guess $15k. So, you’d probably need to add a few $k to make it work. Bearing in mind that dealers will never give you what you could sell it for privately. But then you don’t have to deal with the PITA that is selling privately.

[dgr8dude]

Thanks for the replies. I will offer the trade. Apparently there is no current stock of the LVs in Vienna anymore and the demand is still high.

[brandrea]

Good luck Chad, I think it’s a great trade if they’re willing.

[Gab27]

I think it is very, very, very unlikely a dealer would go for that trade, FWIW.

The LV, as nice as it is, became a heavily overhyped watch where it was selling on the secondary market for twice the price as the identical watch with a black bezel, and its price seems to have substantially trended downward to the point where that trade is now asking for more watch than you are offering.

[bluestreak]

So you want to trade your Green Sub for a dealer’s Black Sub and Explorer? So the question is, is the delta between a black and green bezel sub equal to an Explorer. My guess is no. But you can ask. I would make that trade if I were you.

[Baiv]

I would do that trade in a heartbeat

[dwaine99]

Originally Posted by dgr8dude

I recently had the opportunity to purchase the 126610LV aka Starbucks at retail through my cousin's connection with his AD in Vienna. I've been wearing it with my only other Rolex which is a 7 year old 116619LB aka Smurf for the past a month a half now, but unfortunately I'm not "feeling" it after the honeymoon period. The green bezel and black combo isn't for me. I originally wanted the GMT Master aka Batgirl, but the sub's glidelock is the selling factor since my wife wears my Smurf too and having the glidelock is very convenient to have. Anyways, a gray market dealer is interested and I was thinking of trading it with a no date sub 114060LN plus an Explorer 214270. Just wondering if thats a fair trade or do I need to offer some cash on top?

Why trade with a dealer? Dealers make money on both ends, the watch you are purchasing and your trade. Would you trade a car with a dealer and expect to come out on top? Sell your LV for at least $15k+ on this forum and then purchase your grey watches paying cash. I sold my LV for 16K late August after getting my 124060 at MSRP. To me the LV is a overvalued Sub Date with a green insert. I'm on the list for my GMT Pepsi... then I'll have all I want or need.

(A good deal is when both parties are happy with the transaction. If your dealer will make the trade on your terms, that would be a good deal for you.)

[Starhutch]

You are going to get different individual opinions here. Honestly if you are not connecting with it move it for something you really want and I’m sure the LV finds a new happy home. The new LV is one of my favorites in the collection and would be hard to part with.

[dannyp]

I’d go to an AD and offer straight trade on new Sub no-date. Maybe that plus another fun, inexpensive (relatively speaking) piece from a different brand. Tudor Ranger, perhaps?

[~JJ]

Price seems on par for second hand retail against second hand retail, but a gray will most likely offer second hand wholesale for LV against second hand retail for their pieces.

[Wcdhtwn]

How about trade for an Explorer 2 Polar and a Pelagos 39mm? You get your black diver and a Dual time zone watch. Plus this easily fits in the value for the LV.

[JRell]

Originally Posted by dannyp

I’d go to an AD and offer straight trade on new Sub no-date. Maybe that plus another fun, inexpensive (relatively speaking) piece from a different brand. Tudor Ranger, perhaps?

This - he should get MSRP back, the 124060 and cash.

[dgr8dude]

Originally Posted by Wcdhtwn

How about trade for an Explorer 2 Polar and a Pelagos 39mm? You get your black diver and a Dual time zone watch. Plus this easily fits in the value for the LV.

This is actually a great idea! Explorer 2 never crossed my mind and the Pelagos 39mm is in my radar since launched.

[dwaine99]

No reason to accept less than 14-15K for your LV. I had one grey dealer offer me 13K. Two trusted grey dealers on this site weren't even willing to make an offer on my LV. I accepted $16K from a collector recovering much more than I paid and now I'll wait for the GMT at MSRP. Get what makes you happy.....

[dgr8dude]

Thanks for the tips!

[Nico81]

You will be lucky to get $14k from grey


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[azs.77]

I’d do that trade in a heartbeat. But I am not sure a grey dealer would go for that deal.


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[dgr8dude]

Contacted a number of local grey dealers in my area today and yeah, got lowballed. My AD in Vienna (where I got it from), can only do a direct swap with an LN. Next door AD can do the 114060 plus an Omega PO, but I declined. I used to own an PO 10 years ago and the AR scratched just after a year of used. My wife convinced me NOT to sell it for now and give it until end of this year since Christmas color is green...lol

[JRell]

Originally Posted by dgr8dude

Contacted a number of local grey dealers in my area today and yeah, got lowballed. My AD in Vienna (where I got it from), can only do a direct swap with an LN. Next door AD can do the 114060 plus an Omega PO, but I declined. I used to own an PO 10 years ago and the AR scratched just after a year of used. My wife convinced me NOT to sell it for now and give it until end of this year since Christmas color is green...lol

At the end of the day you have the best option on your arm, your wife is smart!

[Gab27]

Originally Posted by dgr8dude

Contacted a number of local grey dealers in my area today and yeah, got lowballed. My AD in Vienna (where I got it from), can only do a direct swap with an LN. Next door AD can do the 114060 plus an Omega PO, but I declined. I used to own an PO 10 years ago and the AR scratched just after a year of used. My wife convinced me NOT to sell it for now and give it until end of this year since Christmas color is green...lol

The AD's offer (for the two watches) is very reasonable, IMO, provided you like the watches.

With respect to double ARs, if the outer AR coating gets scratched, you can simply remove it with an abrasive. It is very easy to do. Then you would more or less be left with the same AR coating design currently used on your Submariner. My Breitling's outer optical coating got scratched up and I just removed it with Polywatch. The coating on the underside still provides good glare reduction.

[dgr8dude]

I would have taken the offer if had a Tudor BB 58 or a Ranger instead of a PO. Not a big fan of the funky orange bezel although I can swap it with the black one, but the protruding "He" valve for me doesnt look good.

[SLWoodster]

I have one. I actually find all the other black ceramic subs to be pointless after owning a LV. The other black subs should just be 43 seadwellers.

[dwaine99]

Originally Posted by dgr8dude

Contacted a number of local grey dealers in my area today and yeah, got lowballed.

My wife convinced me NOT to sell it for now and give it until end of this year since Christmas color is green...lol

If you decide to let it go, sell it here... for much more than a low ball offer from a grey dealer. Check out what the "trusted grey" dealers are asking for a used LV. One of the most recommended ones on this site is asking $19,575 for a excellent used LV. Even after I sold mine for $16K, I had multiple requests from buyers wanting my 126610LV at my asking price should the deal fall through. I would have traded the LV on a GMT but the grey dealers wanted an outrageous amount of $$$ added to the deal.

[dgr8dude]

if I ever do decide to sell it after Christmas, I'll post it here for sure!

[Bxtek]

Originally Posted by dgr8dude

Contacted a number of local grey dealers in my area today and yeah, got lowballed. My AD in Vienna (where I got it from), can only do a direct swap with an LN. Next door AD can do the 114060 plus an Omega PO, but I declined. I used to own an PO 10 years ago and the AR scratched just after a year of used. My wife convinced me NOT to sell it for now and give it until end of this year since Christmas color is green...lol

Is mainly the green/black combo that is not warming up to you? Or, do you not like the date feature either? I ask because I see you are leaning towards the 114060. If you don't mind the date, have you ever thought of maybe buying an LN bezel with insert and swapping out? If you ever get the itch to wear the green again or sell the watch, you can swap it back.

[dgr8dude]

Originally Posted by Bxtek

Is mainly the green/black combo that is not warming up to you? Or, do you not like the date feature either? I ask because I see you are leaning towards the 114060. If you don't mind the date, have you ever thought of maybe buying an LN bezel with insert and swapping out? If you ever get the itch to wear the green again or sell the watch, you can swap it back.

Mainly the green/black combo, but I think I'll eventually warm up eventually:) I used to own the original Kermit more than a decade ago, but I sold it to give way to the Smurf and my wife has worn it more than me. I just thought of the no date sub since its cheaper. if only the glidelock is standard across all models, I would have bought the GMT or the YM (which wears better imho).

[Bxtek]

Originally Posted by dgr8dude

Mainly the green/black combo, but I think I'll eventually warm up eventually:) I used to own the original Kermit more than a decade ago, but I sold it to give way to the Smurf and my wife has worn it more than me. I just thought of the no date sub since its cheaper. if only the glidelock is standard across all models, I would have bought the GMT or the YM (which wears better imho).

I hope you will eventually warm up to it as that would be the easiest solution. Lol. If not, I would seriously consider a black bezel. For me personally, the no date Sub looks great, but I've tried wearing watches without a date and I always find that I miss that feature.

Or, if you do end up selling and buying a GMT or YM, you can always add a Glidelock clasp. I've seen quite a few owners do that as it IS a great feature! I currently have a 126710 GMT. I sometimes find that the 5mm Easylink sometimes can be right in the middle of too big and too small, depending on the weather that day.