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terppride7 · 2 April 2020, 04:34 AM

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?

IndianRider · 2 April 2020, 04:38 AM

About $300, meaning the MSRP difference on these watches. And I wouldn't trade the sub date for a batgirl.

watchmework · 2 April 2020, 04:40 AM

Considering market price, not MSRP....Sub + $3500 for the BLNR on jubilee would be a fair deal.

dmhines · 2 April 2020, 04:45 AM

Chrono24 is showing the GMT is worth $4000 more than the Sub Date ..

101031-28 · 2 April 2020, 04:49 AM

Quote:

Originally Posted by indianrider

about $300, meaning the msrp difference on these watches. And i wouldn't trade the sub date for a batgirl.

+1

m j b · 2 April 2020, 05:08 AM

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.

NKflyer · 2 April 2020, 05:16 AM

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.

dba · 2 April 2020, 05:35 AM

Quote:

Originally Posted by dmhines

Chrono24 is showing the GMT is worth $4000 more than the Sub Date ..

One merchant's opinion.

Dougiebaby · 2 April 2020, 05:44 AM

Sub plus $3.5K

airchitect · 2 April 2020, 06:29 AM

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.

1665fan · 2 April 2020, 06:30 AM

Quote:

Originally Posted by Dougiebaby

Sub plus $3.5K

That’s fair for both

Heff · 2 April 2020, 10:34 AM

Quote:

Originally Posted by NKflyer

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.

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

1665fan · 2 April 2020, 10:35 AM

Greys are taking a step back...uncertain times

peterpl · 2 April 2020, 11:25 AM

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.

MAINEZX10 · 2 April 2020, 11:51 AM

Quote:

Originally Posted by peterpl

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.

The Daytona will not drop like the others. It may drop a few dollars but you won’t see near MSRP.

mmmmp · 2 April 2020, 11:57 AM

Quote:

Originally Posted by IndianRider

About $300, meaning the MSRP difference on these watches. And I wouldn't trade the sub date for a batgirl.

I'll take up a collection to generate $300 if you never say "Batgirl" again.

Sent from my SM-A520W using Tapatalk

Hollie_Rollie · 2 April 2020, 12:01 PM

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.

FrontHeadlock · 2 April 2020, 12:09 PM

Quote:

Originally Posted by peterpl

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.

Well, but it’s a trade, so the cash amount is only representing the spread between the market prices of the two watches.

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.

NKflyer · 2 April 2020, 12:19 PM

Quote:

Originally Posted by FrontHeadlock

Well, but it’s a trade, so the cash amount is only representing the spread between the market prices of the two watches.

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.

dmhines · 2 April 2020, 12:34 PM

Quote:

Originally Posted by dba

One merchant's opinion.

No it’s not. Chrono24 calculates value when you add It to watch collection.

Juan Luis · 2 April 2020, 12:41 PM

Quote:

Originally Posted by MAINEZX10

The Daytona will not drop like the others. It may drop a few dollars but you won’t see near MSRP.

Yes. They have for the longest time significantly traded above retail.

Rado63 · 2 April 2020, 12:42 PM

Quote:

Originally Posted by watchmework

Considering market price, not MSRP....Sub + $3500 for the BLNR on jubilee would be a fair deal.

Tend to agree, prices are still high.

RBradleigh · 2 April 2020, 12:43 PM

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.

franktehtank · 2 April 2020, 02:12 PM

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.

socalwatchcollector · 2 April 2020, 03:29 PM

Quote:

Originally Posted by indianrider

about $300, meaning the msrp difference on these watches. And i wouldn't trade the sub date for a batgirl.

+1 except- $8950 sub $9700 gmt

JRT · 2 April 2020, 04:01 PM

Quote:

Originally Posted by watchmework

Considering market price, not MSRP....Sub + $3500 for the BLNR on jubilee would be a fair deal.

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.

Ihatecheese · 2 April 2020, 04:32 PM

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!

Boaters · 2 April 2020, 04:59 PM

Sub + 3500 would be fair IMO

Matt_01 · 2 April 2020, 05:13 PM

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.

Nairn1980 · 2 April 2020, 05:32 PM

Quote:

Originally Posted by terppride7

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?

You have plenty replies, do these figures match what you were thinking?

2 April 2020, 04:34 AM	#1
terppride7 "TRF" Member Join Date: Feb 2020 Location: USA Watch: Rolex Posts: 23	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?

2 April 2020, 04:45 AM	#4
dmhines "TRF" Member Join Date: Feb 2017 Location: Florida Watch: Hulk Posts: 479	Chrono24 is showing the GMT is worth $4000 more than the Sub Date .. __________________ . Hulk / RootBeer / Explorer

2 April 2020, 05:08 AM	#6
m j b "TRF" Member Join Date: Mar 2011 Real Name: Michael Location: RTP, NC, USA Watch: ♕& Ω Posts: 5,275	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...

2 April 2020, 12:43 PM	#23
RBradleigh "TRF" Member Join Date: Apr 2018 Real Name: Russell Location: Moses Lake Watch: 216570 Polar Posts: 282	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

2 April 2020, 04:38 AM	#2
IndianRider Banned Join Date: Jan 2020 Location: on the road Watch: ing shameless Posts: 569	About $300, meaning the MSRP difference on these watches. And I wouldn't trade the sub date for a batgirl.

2 April 2020, 04:40 AM	#3
watchmework "TRF" Member Join Date: Jun 2017 Location: DC Watch: 126710BLRO, 116600 Posts: 7,869	Considering market price, not MSRP....Sub + $3500 for the BLNR on jubilee would be a fair deal.

2 April 2020, 05:16 AM	#7
NKflyer 2025 Pledge Member Join Date: Jan 2012 Real Name: Richard Location: Colorado Posts: 2,896	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.

2 April 2020, 05:44 AM	#9
Dougiebaby "TRF" Member Join Date: Mar 2012 Real Name: Doug Location: Charlotte, NC Watch: Daytona BLNR SubLV Posts: 2,281	Sub plus $3.5K

2 April 2020, 06:29 AM	#10
airchitect "TRF" Member Join Date: Mar 2012 Location: KY Watch: A few..... Posts: 3,796	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.

2 April 2020, 10:35 AM	#13
1665fan 2025 Pledge Member Join Date: Oct 2017 Real Name: Lucas Location: East coast Posts: 6,710	Greys are taking a step back...uncertain times

2 April 2020, 11:25 AM	#14
peterpl Banned Join Date: Aug 2012 Location: . Posts: 6,692	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.

2 April 2020, 12:01 PM	#17
Hollie_Rollie "TRF" Member Join Date: Sep 2018 Location: U.S.A. Watch: SD43 Posts: 3,564	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.

2 April 2020, 02:12 PM	#24
franktehtank "TRF" Member Join Date: Dec 2016 Location: Canada Watch: Sub, GMT Posts: 712	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.

2 April 2020, 04:32 PM	#27
Ihatecheese Banned Join Date: Dec 2019 Location: London Posts: 978	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!

2 April 2020, 04:59 PM	#28
Boaters 2025 Pledge Member Join Date: May 2015 Real Name: Mike Location: Pacific Northwest Watch: 126710BLR 116610LV Posts: 10,685	Sub + 3500 would be fair IMO

2 April 2020, 05:13 PM	#29
Matt_01 "TRF" Member Join Date: Mar 2020 Location: UK Watch: GMT Master II BLNR Posts: 101	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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