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drewjonn · 14 June 2024, 09:29 AM

Hi guys, trying to upgrade to an AP and am trying to sell the Rolex that I barely wear. Would really appreciate any insights on a grey dealer where I can safely sell this timepiece and get a fair and decent prices. Not sure about the likes of DavidSW and Bob's Watches since I feel I will be getting low values from those big dealers.

Any advice would help thank you.

Tools · 14 June 2024, 09:44 AM

Grey Dealers are not used watch dealers, although some re-sellers have both new and used.

Fair and decent prices are different for you than they would be for the Dealer who would make you an offer. You will not get "market price" when you sell to somebody who needs to re-sell, they are in the business to make a profit for themselves.

I might say that you would likely get a better experience from David SW than Bob's, but there are others that will vary too.

Marcjvr · 14 June 2024, 09:54 AM

DavidSW will treat you right

77T · 14 June 2024, 12:23 PM

No reason to expect a retail price from a trusted dealer. They expect to make a reasonable margin when they sell it onward. They undertake the risks and the risk-adjusted ROR is likely to be 25% (or a bit more).

For full retail you'll need to sell it yourself and accept the inherent risks that entails.

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GGGMT · 14 June 2024, 04:06 PM

CPO
THANH
AAMIR
DAVIDSW
CHASE

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1William · 14 June 2024, 09:50 PM

I typically do not sell many watches as much as trading them. I would go to the big Trusted Sellers here and see what they offer for a watch similar to yours for. Then subtract 20-30% for the margin they need and you have the price for a cash sell. For trade it is different as you do not know what they have in the watch you want so it has always been better for me to trade. I would not deal with Bob's or JOMA Shop as I do not think the situation with trading with them is as fair as the Trusted Sellers. Get on the phone with the Trusted Sellers, have a discussion and see what they offer. Don't get offended and remember it is a negotiation. Good luck.

southtexas · 28 June 2024, 08:14 AM

Find one who will do a trade. Either way you're getting hosed.

14 June 2024, 09:29 AM	#1
drewjonn "TRF" Member Join Date: Sep 2023 Location: Los Angeles Posts: 8	Recommendations on a grey dealer to sell my Rolex Hi guys, trying to upgrade to an AP and am trying to sell the Rolex that I barely wear. Would really appreciate any insights on a grey dealer where I can safely sell this timepiece and get a fair and decent prices. Not sure about the likes of DavidSW and Bob's Watches since I feel I will be getting low values from those big dealers. Any advice would help thank you.

14 June 2024, 09:44 AM	#2
Tools TRF Moderator & 2024 DATE-JUST41 Patron Join Date: May 2007 Real Name: Larry Location: Mojave Desert Watch: GMT's Posts: 43,272	Grey Dealers are not used watch dealers, although some re-sellers have both new and used. Fair and decent prices are different for you than they would be for the Dealer who would make you an offer. You will not get "market price" when you sell to somebody who needs to re-sell, they are in the business to make a profit for themselves. I might say that you would likely get a better experience from David SW than Bob's, but there are others that will vary too. __________________ (Chill ... It's just a watch Forum.....) NAWCC Member

14 June 2024, 09:54 AM	#3
Marcjvr "TRF" Member Join Date: Sep 2017 Location: Southeast Watch: 214270 Posts: 2,590	DavidSW will treat you right __________________ Never place your happiness on something you have or can physically acquire

14 June 2024, 12:23 PM	#4
77T 2024 ROLEX DATEJUST41 Pledge Member Join Date: Dec 2010 Real Name: PaulG Location: Georgia Posts: 41,150	No reason to expect a retail price from a trusted dealer. They expect to make a reasonable margin when they sell it onward. They undertake the risks and the risk-adjusted ROR is likely to be 25% (or a bit more). For full retail you'll need to sell it yourself and accept the inherent risks that entails. Sent from my iPhone using Tapatalk Pro __________________ Does anyone really know what time it is?

14 June 2024, 09:50 PM	#6
1William 2024 ROLEX DATEJUST41 Pledge Member Join Date: Nov 2010 Location: North Carolina Watch: Rolex/Others Posts: 45,723	I typically do not sell many watches as much as trading them. I would go to the big Trusted Sellers here and see what they offer for a watch similar to yours for. Then subtract 20-30% for the margin they need and you have the price for a cash sell. For trade it is different as you do not know what they have in the watch you want so it has always been better for me to trade. I would not deal with Bob's or JOMA Shop as I do not think the situation with trading with them is as fair as the Trusted Sellers. Get on the phone with the Trusted Sellers, have a discussion and see what they offer. Don't get offended and remember it is a negotiation. Good luck. Last edited by 1William; 14 June 2024 at 09:50 PM.. Reason: content

14 June 2024, 04:06 PM	#5
GGGMT 2024 Pledge Member Join Date: Aug 2013 Location: Itinerant Watch: 79010sg Posts: 8,224	CPO THANH AAMIR DAVIDSW CHASE Sent from my iPhone using Tapatalk

28 June 2024, 08:14 AM	#7
southtexas 2024 ROLEX DATEJUST41 Pledge Member Join Date: May 2011 Location: Great State of TX Posts: 5,715	Find one who will do a trade. Either way you're getting hosed. __________________ Forty six & 2 are just ahead of me. Follow me on Instagram @ccrolex

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