Thoughts on a Trade?

[OG1982]

Please let me start by saying, I know this is mad. It's a bit like selling an Italian sportscar and trading it in for a run of the mill BMW.

TLDR - Should I trade my GP Laureato for a Rolex OP (context below if you need it).

Early in 2023, I picked up a 2022, blue dial Girard Perregaux Laureato in 42mm. I was in love. I had pined for this watch for the previous 18 months and it was every bit as special and beautiful than I hoped. This was my way of outgrowing the Rolex spiral and moving into a world of higher horology.

Well, fast forward the best part of 2 years, and although I still admire the GP for what it is, unfortunately it doesn't get worn often, as my Tudor BB54 is my daily and I tend to wear my Submariner at the weekend and evenings.

The dial is mesmerising, and the quality of the finishing is a clear step above any Rolex I've owned, but I don't think this is enough. This is not the sort of watch that I could strap on anytime, anywhere, my Sub would no problem. I also get the feeling it's little less durable than any Rolex I've owned, and I can't really justify having it sat there for the odd occasion. I am also painfully aware that this is a 70's style homage watch, that doesn't have AP or PP on the dial, and I potentially see a further nosedive of these types of watches when trends inevitably move on again. It’s worth mentioning I bought the GP on the secondary market.

The trade in question is a straight swap for a 2023 Rolex OP 36 with the green dial. This is a watch I've converted for some time. It's clear I prefer smaller watches, my wife also has the 36mm Date Just in mint green so will be a nice match, and the intention will be for the OP to be my new daily. It will also be my travel watch, and I'll have a couple of strap options to go with to dress it down a little.

As I move into over a decade of buying / collecting / appreciating watches, It's obvious to be that I prefer to keep the collection small and to the point.

[Verticalforce]

The issue is whether or not you will take a bath on your GP for the trade, even if you initially bought it at discount on secondary.. (early 2023 watch market was still strong).

I've seen brand new Laureatos (both normal and high end like skeletons) struggling to move even with 60% below RRP. For used piece, I expect dealers will give you exceptionally low value as a trade-in

[996marty]

Sounds like you’d be taking a hit on that trade so for me I’d say keep what you have

[OG1982]

Originally Posted by Verticalforce

The issue is whether or not you will take a bath on your GP for the trade, even if you initially bought it at discount on secondary.. (early 2023 watch market was still strong).

I've seen brand new Laureatos (both normal and high end like skeletons) struggling to move even with 60% below RRP. For used piece, I expect dealers will give you exceptionally low value as a trade-in

I have an offer on the table, it would be a stright swap for the GP and the OP. Yes I have taken a little bit of a hit, but I don't see that ever improving, infact I'd expect the gap to widen.

[1st amg]

Ollie, the fact you have thought about this and you know what the financial implications are (small loss)....just do it! I know myself, as soon as the little wheel with the gerbels in my head start churning, its just a matter of time of when I go through with it. Get what you want and enjoy!!

[travisb]

If you're confident that you won't miss the GP then do it. The OP is a great GADA watch that you'll never have to second guess.
It sounds like the GP does (or did) hold a special place in your collecting over the years.
All that said, it wouldn't be difficult to reacquire the GP if you wanted to.

[phillyEagles]

I was not particularly impressed with the OP when I owned it. It feels small on the wrist compared to a sub or a GMT. Less substantial if that makes sense. I’d keep the GP. A much more interesting piece to my eye regardless of resale value.


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[OG1982]

Originally Posted by 1st amg

Ollie, the fact you have thought about this and you know what the financial implications are (small loss)....just do it! I know myself, as soon as the little wheel with the gerbels in my head start churning, its just a matter of time of when I go through with it. Get what you want and enjoy!!

We all know this to be true!

[OG1982]

Originally Posted by travisb

If you're confident that you won't miss the GP then do it. The OP is a great GADA watch that you'll never have to second guess.
It sounds like the GP does (or did) hold a special place in your collecting over the years.
All that said, it wouldn't be difficult to reacquire the GP if you wanted to.

Thanks for the insight. Yes, the watch was a real milestone for me and it really is a special one. But, it doesn't get used as I believe these objects should, so feel like a change around in a necessary one.

Great point about being able to reacquire, that is certainly very possible with the GP.

By the way, I hope you're not being hit too hard in FL at present.

[Sublovin]

I find the GP to be uninteresting. A Genta style watch that isn’t an AP or PP seems redundant and kind of cheap to me. That said, if you love it, keep it. If you are done with it, move on to something you love. This hobby only makes sense if you are wearing what you love. Forget the money, buy and wear what you like. As you said, any gap will not likely get any better.

[OG1982]

Originally Posted by Sublovin

I find the GP to be uninteresting. A Genta style watch that isn’t an AP or PP seems redundant and kind of cheap to me. That said, if you love it, keep it. If you are done with it, move on to something you love. This hobby only makes sense if you are wearing what you love. Forget the money, buy and wear what you like. As you said, any gap will not likely get any better.

Appreciate your thoughts. The GP certainly doesn't feel cheap, but I understand your point.

Just having a hard time thinking I am going from something semi special (at least to me), to a very basic and entry level Rolex. But if I strap that Rolex on and wear it most days, then the trade is worth it regardless of anything else.

[rmlovett1]

I’d personally make the trade because I like Rolex more than a GP. For myself however…I’d go OP41.