Quote:
Originally Posted by L-16610
guys, you can't talk about flipping a 195 TODAY !!!
That watch is already 6 or 7 years old.
If you get a watch and you sell it TEH NEXT DAY OR THE NEXT WEEK for a profit, than you are a flipper, if you sell a watch after 1 or more years you're not a flipper but a person who wants to try something new, even when sold with a profit.
I'm sure almost everybody of us sells most of his watches after some time !
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What you say is partly true but with all watches and the idea of flipping, it really depends on how long you actually own the watch.
What if a guy is lucky enough to buy a 360, he takes it home, puts it in his safe and waits for a few years. He never takes it out of his safe and admires it or looks at it, he waits and see's the various prices that the watch is being sold for 3 or 4 years later and decides to sell his BNIB 360 at the going rate of 20k USD. Is he a flipper?
My other point was that 99% these newer watches are just flashes in the pan. Look at the 127( recently sold for 12k USD no box and no papers but DAMN) , the 195 (was selling for 20 to 22k USD and now advertised for 15K USD) and even now the 317 (recently advertised for 25k USD), they were selling for premium prices and look at the prices fall now.