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#1 |
"TRF" Member
Join Date: Feb 2020
Location: USA
Watch: Rolex
Posts: 23
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Fair Trade in Today's Markets?
Given today's markets and grey market prices for some of these SS watches, wanted to see what the community's thoughts were on a fair trade. Note, both watches are Brand New, purchased in March:
2020 Sub Date + Cash for a 2020 Batman Question for the community is what would be a fair "Cash" agreement in this trade, and if you were the owner of the Sub or Batman, would you trade for the other watch? |
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#2 |
Banned
Join Date: Jan 2020
Location: on the road
Watch: ing shameless
Posts: 569
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About $300, meaning the MSRP difference on these watches. And I wouldn't trade the sub date for a batgirl.
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#3 |
"TRF" Member
Join Date: Jun 2017
Location: DC
Watch: 126710BLRO, 116600
Posts: 7,869
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Considering market price, not MSRP....Sub + $3500 for the BLNR on jubilee would be a fair deal.
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#4 |
"TRF" Member
Join Date: Feb 2017
Location: Atlanta
Watch: Milgauss / GMT II
Posts: 464
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Chrono24 is showing the GMT is worth $4000 more than the Sub Date ..
__________________
. Rolex Milgauss Black GV / Rolex GMT II Slate Serti Rolex 2-Line Submariner / Bell & Ross 03-94 RS17 Breitling SOH II - Brown 42 / Breitling 806 Re-Edition |
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#5 |
"TRF" Member
Join Date: Jul 2009
Location: USA
Watch: 1665
Posts: 4,762
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+1
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He could not just wear a watch. It had to be a Rolex. Ian Fleming |
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#6 |
"TRF" Member
Join Date: Mar 2011
Real Name: Michael
Location: RTP, NC, USA
Watch: ♕& Ω
Posts: 5,170
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Interesting that the date carries about a $1000 premium for the additional complication, but the second time zone complication is only worth $300.
Of course, that's MSRP.
__________________
Enjoy life - it has an expiration date. Disclaimer: Please note that the avatar is not an accurate representation of how I look. The camera adds 10 pounds... |
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#7 |
2024 Pledge Member
Join Date: Jan 2012
Real Name: Richard
Location: Colorado
Posts: 2,855
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My thinking is that it's not an ideal time to trade unless you can find an end-user that's interested in the swap. The grey dealers want to be reducing their inventory/exposure, not merely changing the composition. I'll bet $4-5k difference.
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#8 |
2024 Pledge Member
Join Date: Jun 2008
Real Name: David
Location: Gardnerville, NV
Watch: 16710
Posts: 2,662
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One merchant's opinion.
__________________
Current: 16710 Previous: 16760 Fat Lady, 16613 Bluesy, 16800, 14060, 16710 Pepsi, 216570 Polar, 116710LN, 16610, 216570 Polar (again), 16713, 216570 Polar (yet again), 16710 Black w/ Pepsi Insert Hope is not a strategy. |
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#9 |
"TRF" Member
Join Date: Mar 2012
Real Name: Doug
Location: Charlotte, NC
Watch: Daytona BLNR SubLV
Posts: 2,261
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Sub plus $3.5K
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#10 |
"TRF" Member
Join Date: Mar 2012
Location: KY
Watch: A few.....
Posts: 3,790
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The sub is as ubiquitous a Rolex as it gets next to a DJ. While the BLNR on jubilee is still pretty tough to find in the wild. I’d say you’d be looking at the sub plus 3-4K for the BLNR. All day. Sorry to any hardcore Sub fans, but the GMT is worth more.
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#11 |
"TRF" Member
Join Date: Oct 2017
Location: East coast
Posts: 6,645
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#12 | |
"TRF" Member
Join Date: Feb 2017
Location: Germany
Watch: Speedmaster Pro
Posts: 1,023
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Quote:
Yep. I offered a BLNR and LVc for a 116618LB, and didn’t even get a counter offer. Just a “no.” Sent from my iPhone using Tapatalk |
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#13 |
"TRF" Member
Join Date: Oct 2017
Location: East coast
Posts: 6,645
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Greys are taking a step back...uncertain times
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#14 |
Banned
Join Date: Aug 2012
Location: .
Posts: 6,692
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I wouldnt even offer $1k on top.
The most hyped watches are the ones that will drop the most in the coming months. (i.e) Hulk, BLNR, BLRO, Bluy SKyD, Daytona. Paying over MSRP for any watch in todays climate would not be high on anyone's spectrum. |
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#15 | |
"TRF" Member
Join Date: Mar 2008
Location: MASSACHUSETTS
Posts: 895
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Quote:
The Daytona will not drop like the others. It may drop a few dollars but you won’t see near MSRP. |
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#16 |
"TRF" Member
Join Date: Dec 2009
Real Name: Mark P
Location: Toronto
Watch: SS Wimbledon DJ41
Posts: 2,046
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#17 |
2024 Pledge Member
Join Date: Sep 2018
Location: U.S.A.
Watch: SD43
Posts: 3,194
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I wouldn’t do the trade now. What’s the rush?
If you want to make any moves I’d sell the sub today and buy the Batman in a few months. You probably could’ve sold the sub for more 2 months ago than you can now. And the GMTs are 100% coming down across the board new and used. |
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#18 | |
"TRF" Member
Join Date: Aug 2018
Location: USA
Posts: 377
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Quote:
If the spread was $1k, the market prices of the two watches could be $14k/$15k or it could be $7k/$8k. The concept of paying over MSRP isn’t relevant in that scenario. |
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#19 |
2024 Pledge Member
Join Date: Jan 2012
Real Name: Richard
Location: Colorado
Posts: 2,855
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In this case, the spread is between the wholesale value of the Sub and the retail value of the GMT. And I'm betting that wholesale prices are in the basement while at the same time, dealers are still trying to defend a certain retail level.
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#20 |
"TRF" Member
Join Date: Feb 2017
Location: Atlanta
Watch: Milgauss / GMT II
Posts: 464
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No it’s not. Chrono24 calculates value when you add It to watch collection.
__________________
. Rolex Milgauss Black GV / Rolex GMT II Slate Serti Rolex 2-Line Submariner / Bell & Ross 03-94 RS17 Breitling SOH II - Brown 42 / Breitling 806 Re-Edition |
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#21 |
2024 Pledge Member
Join Date: Nov 2009
Real Name: Juan Luis
Location: Dominican Rep.
Watch: Undecided
Posts: 1,349
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#22 |
"TRF" Member
Join Date: May 2017
Real Name: Alan
Location: Northern, CA
Watch: 116334
Posts: 2,215
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Tend to agree, prices are still high.
__________________
Rolex 116334 126600 228235 |
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#23 |
"TRF" Member
Join Date: Apr 2018
Real Name: Russell
Location: Moses Lake
Watch: 216570 Polar
Posts: 282
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I think those values are “top of the mark” and Chrono24 has incentive to want you to sell for more because they make 6.5% commission.
__________________
Polar 216570 ElPrimero O’69 Nomos Tangente Hamilton Khaki Sub 114060 |
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#24 |
"TRF" Member
Join Date: Dec 2016
Location: Canada
Watch: Sub, GMT
Posts: 712
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I would only ever add a GMT to a submariner. Wouldn't trade the Sub + cash for a GMT.
But that's just my preference. |
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#25 |
"TRF" Member
Join Date: Nov 2013
Real Name: John
Location: newport beach
Watch: Pateks Plural
Posts: 1,620
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#26 |
"TRF" Member
Join Date: Mar 2015
Location: Taiwan
Watch: Rolex BLNR
Posts: 2,308
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The price of BLNR on jubilee in DavidSW (unworn with no plastics) has dropped to $13,975 which is lower than BLNR on Oyster (2019) ($14,475) under a similar condition. I guess the price of BLNR on jubilee would be dropping in a faster rate so that the price difference would be getting smaller after a while.
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#27 |
Banned
Join Date: Dec 2019
Location: London
Posts: 978
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It's whether you wish to knowingly be ripped off for the joy of owning the different watch right now... If GMT is important (and you don't own a phone for the function) then perhaps its worth the 3k in the pocket of the salesperson. It will give them some breathing room I'm this difficult time. That's a month or two rent!
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#28 |
2024 Pledge Member
Join Date: May 2015
Real Name: Mike
Location: Pacific Northwest
Watch: 116610LV 16710 SD
Posts: 10,650
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Sub + 3500 would be fair IMO
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#29 |
"TRF" Member
Join Date: Mar 2020
Location: UK
Watch: GMT Master II BLNR
Posts: 101
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In the UK I would say SubDate + £3000. Batman is a very difficult watch to get here versus a Sub. Certainly in my area anyway.
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#30 | |
"TRF" Member
Join Date: Jan 2010
Location: UK
Watch: GMT
Posts: 8,340
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Quote:
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