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View Poll Results: Will AP lift resale restrictions? | |||
YES |
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45 | 28.66% |
NO |
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112 | 71.34% |
Voters: 157. You may not vote on this poll |
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#1 |
"TRF" Member
Join Date: May 2022
Location: USA
Posts: 245
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Will AP ease resale restrictions?
Any thoughts on AP easing resale restrictions? While I don't believe AP will issue a public statement on watch resales being allowed just as they didn't publically announce the blacklist I wonder if anyone has heard news about their stance changing.
__________________
15510ST Green | 15720ST Gray | 26393QT Taupe | 116400GV | 126234 Mint |
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#2 |
"TRF" Member
Join Date: Jun 2020
Location: Taiwan
Posts: 3,805
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Maybe the long-awaited CPO program will finally launch next year?
__________________
AP 15500ST Grey // 26237ST Beast // 26331ST Panda // 15450ST Blue // 77350CE Bucci // 26240CE 50th // 15407ST // 26715.ST.ZZ || Rolex 116520 White // 116710 BLNR // 126200 Blue || Omega Seamaster NTTD // Speedy Tokyo LE "Rising Sun" // Speedy cal. 321 "Ed White" A timeless classic - Winding, ticking, faithful time - Golden crown of trust |
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#3 |
"TRF" Member
Join Date: May 2022
Location: USA
Posts: 245
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I heard the person that was in charge of leading that left and it's kind of in limbo right now. But that was a few months ago.
__________________
15510ST Green | 15720ST Gray | 26393QT Taupe | 116400GV | 126234 Mint |
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#4 |
"TRF" Member
Join Date: Nov 2023
Location: US
Posts: 83
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I think if demand continues to soften they’ll have no choice. I totally appreciate banning and blacklisting people flipping watches for a profit immediately.
Where I think they went too far with this was creating an expectation that everyone hold everything for some undefined amount of time that they never even communicate to you as a true expectation. As I think about it. It’s a slippery slope for them though I guess. Their business model is predicated on selling things you don’t want or maybe wouldn’t get otherwise in order to get things that you do. So if you ease restrictions on selling the less desirable stuff, that could create a massive flood of “less attractive” pieces which declines secondary prices, making the brand look more unattractive, which could in turn makes the “attractive” watches look less cool, so I could see it outweighing the short term benefit of them selling more watches. Above being said - the real answer is to take accountability for your product and if something isn’t selling, listen to the market. Sent from my iPhone using Tapatalk |
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#5 |
"TRF" Member
Join Date: Feb 2023
Location: USA
Posts: 339
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SA told me "best to wait 2 years before selling any pieces you recently got". I personally haven't sold any of my APs going back over 10 years, but we were discussing how I've sold almost all my Rolexes over the past few years and Rolex doesn't care, they're all in on the flippers anyway.
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#6 | |
2024 Pledge Member
Join Date: Dec 2013
Real Name: Steve
Location: Indiana
Watch: PP/AP/VC
Posts: 2,116
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Quote:
I also think they're on the right track with ergonomics with the Offshores because I'm able to wear a 43mm 26420 on a fairly small wrist (6.75"). There are some that I like such as the "beast" remake, but still struggle a little with MSRP. |
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#7 |
2024 Pledge Member
Join Date: Feb 2017
Location: New York, NY
Posts: 361
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Along these lines, if we are able to find a person to purchase one of our AP’s under the “handshake” of them not re-registering it, how can an original owner monitor to see that it isn’t re-registered? As in, will it fall off our online profile or show a message when we log in that it’s been re-registered?
I would hate a circumstance in which I offload a watch, just to tell my AD I still have it and he’s looking at a screen that says otherwise (unbeknownst to me). Any ideas on this? Sent from my iPhone using Tapatalk |
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#8 | |
"TRF" Member
Join Date: Nov 2023
Location: US
Posts: 83
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Quote:
You can see on your profile if it’s still there. Sent from my iPhone using Tapatalk |
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#9 | |
2024 Pledge Member
Join Date: Feb 2017
Location: New York, NY
Posts: 361
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Quote:
So it will fall off my profile when someone re-registers it? Is there any way that if it’s re-registers it the watch still shows up on my profile? Sent from my iPhone using Tapatalk |
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#10 | |
"TRF" Member
Join Date: Nov 2023
Location: US
Posts: 83
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Quote:
Yes it will fall off and no - that’s the point of registration Sent from my iPhone using Tapatalk |
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#11 |
2024 Pledge Member
Join Date: Feb 2017
Location: New York, NY
Posts: 361
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#12 |
"TRF" Member
Join Date: Sep 2021
Location: SFO
Posts: 1,183
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It would be nice but tbh if you eased the resale restriction in the current market environment (like another poster said), the bottom would fall out real quick across the board!
You can already pick up the NEW Code Chronos for $10-12k off (less than a year after being introduced). CODE QPs are $50k off (!!!). If people wouldn't buy a code to "complete their collection" and move up the desirable AP chain, I'd suspect you'd almost see a freeze in the boutique sales |
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#13 |
2024 Pledge Member
Join Date: May 2018
Location: North America
Watch: GMT Master II
Posts: 228
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That’d be the day..
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#14 |
"TRF" Member
Join Date: Aug 2021
Location: Hong Kong
Posts: 44
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Let's say I go buy a used and Code QP from the secondary market and re-register it to my profile. It obviously won't move the needle as much as buying it from a boutique, but do you think it will at least help show your appreciation of the brand on your journey to a more desired piece?
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#15 | |
"TRF" Member
Join Date: Dec 2023
Location: Asia
Posts: 188
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Quote:
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#16 | |
"TRF" Member
Join Date: Mar 2020
Location: USA
Posts: 461
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Quote:
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#17 |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Jan 2010
Real Name: K.
Location: 780
Posts: 10,431
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#18 | |
"TRF" Member
Join Date: Jun 2020
Location: Taiwan
Posts: 3,805
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Quote:
On Moda, the hit people have to take for a "safe sale" is quite significant.
__________________
AP 15500ST Grey // 26237ST Beast // 26331ST Panda // 15450ST Blue // 77350CE Bucci // 26240CE 50th // 15407ST // 26715.ST.ZZ || Rolex 116520 White // 116710 BLNR // 126200 Blue || Omega Seamaster NTTD // Speedy Tokyo LE "Rising Sun" // Speedy cal. 321 "Ed White" A timeless classic - Winding, ticking, faithful time - Golden crown of trust |
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#19 | |
"TRF" Member
Join Date: Nov 2023
Location: US
Posts: 83
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Quote:
This just means “fan” is how much can we exploit your willingness to buy our watches regardless of true market value ![]() But yeah it doesn’t count. However if you show off a pricier piece that you bought secondary, then it does show them you have spend capacity. But doesn’t really count towards boutique spend. Sent from my iPhone using Tapatalk |
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#20 |
"TRF" Member
Join Date: Jun 2020
Location: Taiwan
Posts: 3,805
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So far, from AP's POV, they've sold every Code they made. I doubt it's going anywhere in the next years. In the long run, who knows. AP has never been shy about mixing things up.
__________________
AP 15500ST Grey // 26237ST Beast // 26331ST Panda // 15450ST Blue // 77350CE Bucci // 26240CE 50th // 15407ST // 26715.ST.ZZ || Rolex 116520 White // 116710 BLNR // 126200 Blue || Omega Seamaster NTTD // Speedy Tokyo LE "Rising Sun" // Speedy cal. 321 "Ed White" A timeless classic - Winding, ticking, faithful time - Golden crown of trust |
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#21 |
"TRF" Member
Join Date: Dec 2013
Location: Atlanta, GA
Watch: Rolex, AP, GS, JLC
Posts: 789
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#22 | |
"TRF" Member
Join Date: Oct 2019
Location: Earth
Posts: 478
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#23 |
"TRF" Member
Join Date: Jun 2023
Location: USA
Posts: 24
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Anyone know how they react if you sell a watch not bought at the boutique but registered to you in profile.
For example getting a desirable watch in house based on overall profile and immediately selling the other? |
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#24 | |
"TRF" Member
Join Date: May 2019
Location: EUROPE
Posts: 877
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Quote:
Good question, curious about answers. That’s why I haven’t registered my 15500, bought grey market. Sent from my iPhone using Tapatalk |
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#25 |
"TRF" Member
Join Date: Aug 2013
Location: canada
Posts: 241
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I can't see any scenario where they would ease the control over their market they've gained by implementing resale restrictions, just scenarios where they "allow" blacklisted customers to buy models in spite of said restrictions. I expect if sales drop AP will still keep track of reselling, but only enforce blacklists selectively when the market favors it.
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#26 | |
"TRF" Member
Join Date: Aug 2020
Real Name: Chris
Location: Germany
Posts: 663
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#27 |
"TRF" Member
Join Date: Jul 2019
Real Name: Z
Location: Bay area
Watch: A few
Posts: 421
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I really don't think they are that hard on selling your pieces, but really depending on your caliber as their customer and the pieces you would sell. For instance: that famous gent who bought like 12 watches from crystal Vegas within 2 years and instantly flipped 2 of the most profitable and desirable from the bunch and still got offered a green dial ROC which he turned down in hopes to get his QP. I don't think AP or any company wanna lose a good paying customer. They mostly just look the other way or give you a slap on the wrist and say time out and be a good boy. Unlike the Taiwanese celebrity who sold the LE 88 piece QP publicly. Led to a debacle between him and AP which resulted him getting blacklisted . I think its all situational on how important your piece is, Also your actions afterwards.
Honestly for AP buying grey is really a better option even some of the QP are falling below retail, unless you are after the newest jumbo , open works and etc.
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#28 |
"TRF" Member
Join Date: Sep 2015
Location: Boston
Posts: 241
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I agree; we read a lot about this topic but read little first-hand info.
My first-hand experience was that I told them I wanted to sell a piece I'd purchased from the boutique 2+ yrs ago and got a "thanks for telling us, we'll note it in your records, and no we don't expect you to keep every watch you buy forever." Clearly, not all have this same experience! |
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#29 |
"TRF" Member
Join Date: Nov 2023
Location: US
Posts: 83
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https://youtu.be/00BREVuJAIo?si=ce5LhWeuUQ4hLL3e
Maybe this answers our question? lol Sent from my iPhone using Tapatalk |
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#30 | |
"TRF" Member
Join Date: Apr 2020
Location: Orange County
Posts: 1,778
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Quote:
__________________
AP 15500ST (Silver) // ♛ Rolex 126334 (Blue Roman, Fluted, Jubilee) // Ω Moonswatch (Mission to Pluto) // G-Shock GA2100-1A1 |
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