Wristenthusiast
467
I can only speak for myself.
I’m not on any ADs list really. Once an AD I know gave me a great deal on something that I could have flipped, but I wasn’t interested in the watch so I passed. I buy to wear them.
But, I flipped my Nautilus chrono. There I said it. But I wore it for 2-3 years. I have a small wrist and it always felt too big. I bought it below retail when it was unpopular and I thought people were crazy for not snatching it up. I traded it for a 3970. I dream watch of mine. It fits perfectly on my dainty little baby man wrist😜
It wasn’t about profit as much as passion and the experience.
I’m trying to get a Rolex Pepsi jubilee for retail, not to flip, but to wear. Also I want to try an Aquanaut 5164. Not to flip but to wear.
So I wait. 🙄
More posts:
ìs it still bad to flip asap in this crazy market ?
I mean, wouldn't it be crazy not to ? Most of us will have some watches that are more valuable then when we bought it. I'll take my 5070R as an example. It was I believe 36K euro in 2006. At that time the second hand value was about the same maybe a bit m...
The thing is that I don't buy a watch to flip it, but because I really like it. So I would not buy a Daytona to just flip it and fund a watch. Your first example ( 5976 ) is more interesting
Let's imagine I like the watch, and that I buy it because I like it. If someone makes me a crazy offer to trade it for a 5370P; I would happily accept. If I also owned a 5711 and a 5712, I would also include them in the trade to get the 5370P! But I would...
Flipper
I think your 5070 example is far from a case of flipping. Over time everything has become more expensive and replacement cost has inflated. So if you sell you would likely spend equal or higher amount to replace it with something equivalent to you. Now fo...
Your points are quite logical and rational
so the point is not so much whether one should flip one's watches but how long after buying it would flipping it be 'acceptable'. I posed this question to a senior employee of Patek Philippe who I had lunch with last week and he mentioned 3 to 5 years whi...
13 years holding is not really flipping (at least how I think of it).
Flipping is buying your Batman on Monday and listing it on Chrono24 on Tuesday. Btw: hard to not justify for some individual owners. Individual owners aren’t the problem. I believe the issue is that there are “syndicates” who buy wholesale from the distri...
I agree with many of the previous comments. Let me only add that "flipping" or speculation are in my opinion also determined by *why* we buy a certain watch in the first place...
To make a quick example, because of ethical reasons I would NOT buy a 5711 at retail today *in order to* sell it and fund a $60k watch tomorrow (or even worse, to just cash the $60k). But I would have no moral beef in the event I bought the same 5711 toda...
I think keeping a watch a year or two and selling is NOT flipping, especially if you don't love it
For instance, I bought a Grand Seiko high-beat 18 months ago. It was beautiful but didn't fit my wrist well, and I just didn't like it. Nothing against GS, or the individual watch - but we didn't click. I held on, thinking I'd get to love it, but I didn't...
To flip asap is bad imo, because ...
your AD allocated the “desirable” watch to you due to your good relationships and business. He or she may get into trouble, heard “fired” if Brands like Rolex found out and complains to the AD. If you own it for few years and like the case of a “simpler” ...
I can only speak for myself.
I’m not on any ADs list really. Once an AD I know gave me a great deal on something that I could have flipped, but I wasn’t interested in the watch so I passed. I buy to wear them. But, I flipped my Nautilus chrono. There I said it. But I wore it for 2-3 ...
Ever since the market went up like this
I keep asking myself similar questions. I also agree that owning a piece for 13 years shouldn’t be called flipping. If you did trade it for something else, make sure you love the new piece as much. After all, owning it for 13 years means a lot. Recently I...
To flip or not to flip
This is an extremely interesting post. The point is that I buy watches I love and I find it difficult to let them go. Take the 5712: I paid it 28k and now I could easily sell it for 65k, but I cannot resolve to pull the trigger. Or the Daytona inverted 6 ...
