Calling All Flippers!!!

[Trurolexer]

Originally Posted by DSJ

TR, I think you're just waiting for Rolex and Panerai to merge into Rolerai or Panlex!

Or Pancakelex?

[Trurolexer]

Originally Posted by Brushpup

Just curious,

Have most of you held watches long enough to make a profit, or at least break even? Or have you lost. I've heard more than one person say they never lost money on a Rolex, but I am certain it depends on what you have and how long you hold it.

Sometimes win...sometimes loose...

[gaopa]

I don't flip and likely won't. I have only one Rolex, one Omega and several Seiko watches. I may try to sell a couple of Seikos, but not the Rolex nor the Omega. Cheers, Bill P.

[moby33]

Originally Posted by Brushpup

Just curious,

Have most of you held watches long enough to make a profit, or at least break even? Or have you lost. I've heard more than one person say they never lost money on a Rolex, but I am certain it depends on what you have and how long you hold it.

In general, I would say if you flip often, you are probably coming out behind more often than ahead. I've bought & sold a number of watches over the last few years...I'm happy if I can break even or only lose a couple hundred, but sometimes it's a lot worse. Only one transaction lately (Omega PO Chrono) I was actually able to make a profit of around $500. But I don't buy/sell watches as a source of income...I buy what I love and enjoy the watches for however long they are with me. If I eat some $ during the ownership period, it doesn't really bother me as I rationalize that's the cost of having the pleasure to experience the timepiece...kind of like leasing a watch.

I would be extremely leery of the individual that brags about consistently "making money" off of flipping watches - it's a hobby, and we all know how expensive hobbies can become. Cheers.

[Z-Sub]

flipped an SD

[Singslinger]

This might be sacrilege to some TRFers, but I flipped my white dial Explorer 2 for a Gibson 1957 VOS Les Paul Gold Top reissue electric guitar. No regrets!

[Trurolexer]

Originally Posted by Singslinger

This might be sacrilege to some TRFers, but I flipped my white dial Explorer 2 for a Gibson 1957 VOS Les Paul Gold Top reissue electric guitar. No regrets!

WOW!!! Nice choice, Neighbour!!!
Are you a Rocker?

[j5jts]

Flipped 2 daytonas, 2 Deep Sea's, 1 milgauss......i think the market is flat at the moment....more watches around and less buyers!

[Trurolexer]

Originally Posted by j5jts

Flipped 2 daytonas, 2 Deep Sea's, 1 milgauss......i think the market is flat at the moment....more watches around and less buyers!

Hold on, flipped 2 Deepseas? Are you a dealer?
That's not flipped, you're sold 'em...lol!!!

[j5jts]

Sold Em , Flipped Em.....its all the same.....just some you make money on!

[Trurolexer]

Originally Posted by j5jts

Sold Em , Flipped Em.....its all the same.....just some you make money on!

[moby33]

Originally Posted by j5jts

Flipped 2 daytonas, 2 Deep Sea's, 1 milgauss......i think the market is flat at the moment....more watches around and less buyers!

Now that's the definition of flipping! Everybody else is just playing make believe...

[James T]

None. Never flipped yet and hopefully never will...

[tag_addict]

Have not flipped my own AD bought Datejust or any of the watches Ash got me.

I have flipped

Omega SMP - twice
1680 Sub
16610
16610LV
PAM 049
16200
Longines Dolce Vita
2 Tone Oyster Quartz


wow... I need to slow down!
My next one will be a keeper for sure ;)

[Andad]

Originally Posted by sea-dweller

I have never 'flipped'. I have sold a 16750 and 2 Datejusts before, but initially purchased these to own, without the intention of flipping.

Semantics?

IMO If you sell, swap, trade etc, a Rolex you have 'flipped it'.

What is the concensus on this?

Does sea-dweller join the flippers?

[Bisquitlips]

Originally Posted by Trurolexer

Hi, are you a Flipper? How many watches already flipped? Why you flipped your Rolex? For buy another model? Or you're really Natural Born Flipper (like JJ)?

This is my "former" Rolex:
1. I flip my PAM 112 H (my first prof watch) serial for bought Explorer II white dial D serial.
2. I flip my GMT Master 1675 (Pepsi) for bought a brand new LV.
3. I flip my Explorer II () for bought a brand new Sub ND COSC.
4. I flip my Subdate Y serial for bought a brand new 111.
5. I flip my Milgauss white dial M serial (bought in August 17) for bought a brand new 183 (in October 3)

Well..., I don't know I'm "Natural Born Flipper" or not. Are you a Flipper? Can you tell here how many watches already flipped? Please really your reply here. Thanks Guys!!!

The Flipper, TR.

Well.......... I am not a flipper, but I nominate this post as the most profound use of smiles ever on TRF!!!

[unclesallie]

Originally Posted by Jimbits76

None. Never!

J

liar liar, pants on fire!

(ok, ok, so maybe you're telling the truth, but you're about the only one on this forum who hasn't)

moi, i've flipped many and lived to regret it.

[moby33]

Originally Posted by directioneng

Semantics?

IMO If you sell, swap, trade etc, a Rolex you have 'flipped it'.

What is the concensus on this?

Does sea-dweller join the flippers?

I don't know about the consensus, but my views on the term were summed up in post #19 of this thread. Cheers.

[Andad]

Originally Posted by moby33

I think the term "Flipping" has been used incorrectly in many instances. To me, flipping is the act of buying a watch for the sole purpose of turning around and putting it up for sale w/ the hopes of making a quick $.

If you buy a watch, wear it for a period of time (be it a few weeks, months or years) and then decide it's not for you (or you want to free up some funds to purchase another example...or your damn wife won't let you buy any more until some inventory is 'cleared out') then I wouldn't consider it flipping - it then just becomes buying & selling. Same term applies for auto's & homes...there is a big difference between buying/selling cars & houses as opposed to "Flipping" auto's & homes IMO.

So how many haven't you flipped?

[moby33]

Originally Posted by directioneng

so how many haven't you flipped?

lol.

[GBJIV]

Originally Posted by mfer

I do what I call preflipping. I agonize over a watch in my head for months. If I want it long enough, not changing my mind, I get it. If I lose interest in the watch or think about another more, it must not have been meant to be.

Watches I thought I wanted and preflipped without buying:
Airking blue face
Expy II white
SS/Pt YM
Pam 183
Pam 210

My horological model is to never flip and expensive watch. I'll end up with more that way I hope! You never know however. There may be a model that comes up to me one day that will cause me to flip for real.

Ones I'm pondering to purchase:
Pam 000 - logo 2 hander
Pam 001 - painted 3 hander
Pam 111 - sandwich 3 hander
Fifty Fathoms (dreaming...)
SS Daytona white (want to try one on and see what the hype is about)

The quickest I ever bought a watch without thinking about it.
Seconds, the GMT IIc. Didn't think I liked the polish based off of pictures I saw. Then I saw it in the metal, and bought it on the spot!!!!
I'll never flip it (I hope )

Thought this post was great Mik... "preflipper"...

[GBJIV]

Originally Posted by Bisquitlips

Well.......... I am not a flipper, but I nominate this post as the most profound use of smiles ever on TRF!!!

Chicagowatchman is getting a run for his money!

[GBJIV]

To date, I have never flipped a watch and only sold one after owning it for 8 years. I don't miss it though. Much happier with its replacement...

[Felly Jr.]

I've never flipped a watch for fear I will miss the catch and it will fall to the ground and get all scratched and dinged up.

[Singslinger]

Originally Posted by Trurolexer

WOW!!! Nice choice, Neighbour!!!
Are you a Rocker?

Yes sir, I am. I have as many Gibsons as Rolexes..how about you?

[Trurolexer]

Originally Posted by Bisquitlips

Well.......... I am not a flipper, but I nominate this post as the most profound use of smiles ever on TRF!!!

Good idea!!!

[Trurolexer]

Originally Posted by Singslinger

Yes sir, I am. I have as many Gibsons as Rolexes..how about you?

I was. 12 years ago. When I was collage.
Have a Band. Already retired now. Oh yeah playing Drums, Tama with Paiste cymbals.
Now my Son playing that Drum too.