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sspeedy2012 · 16 February 2012, 01:48 PM

While shopping around, I found a seller that is offering to sell me a GMT Ceramic SS BRAND NEW NEVER WORN for $6,500.

He claims to have the Box, Warranty Papers and all tags ETC that comes with the watch. I will meet with him tomorrow to check it out.

My concern is that the watch is an M serial, which I think belongs to a 2008 year. The seller says he purchased the watch last week and an incredible discount from a Jared's Jewelry up north that is loosing their Rolex license and was liquidating.

Does this sound right?

If all checks out, is it a good deal?

toph · 16 February 2012, 01:49 PM

That is all very possible. Meet him tomorrow but if you are paying cash i woudl try and get him down another 5% personally to a max of $6250

robk215k · 16 February 2012, 01:54 PM

You SHOULD be able to get an AD to do $6,700ish. Sounds a little risky to save $200.

FeelingTheBlues · 16 February 2012, 01:57 PM

I don't think the price is too bad but it probably wouldn't do any harm to bargain a little bit, you could be able to have a better deal. As for the watch being made in 2008 I personally think it's very possible for an AD to keep a watch that long.

floater156 · 16 February 2012, 02:08 PM

Quote:

Originally Posted by FeelingTheBlues

I don't think the price is too bad but it probably wouldn't do any harm to bargain a little bit, you could be able to have a better deal. As for the watch being made in 2008 I personally think it's very possible for an AD to keep a watch that long.

Here's a link to someone else that just bought a new Daytona from and AD and it has a 2008 serial: http://www.rolexforums.com/showthread.php?t=217975

AAMD11 · 16 February 2012, 02:32 PM

My AD offers that watch at 7100 the LOWEST. So I wouldnt buy it at my AD, I would look around.

SaddleSC · 16 February 2012, 02:39 PM

Quote:

Originally Posted by sspeedy2012

The seller says he purchased the watch last week and an incredible discount from a Jared's Jewelry up north that is loosing their Rolex license and was liquidating.

Does this sound right?

The Jared story definitely checks out. I have purchased four Rolex watches from the local Jared in the last three months. I missed out on the one GMTIIC that they had available (I was a couple hours late), but from what I understand, it sold for around $4850 (plus tax). The watches I purchased were 40% off retail.

If the watch is truly unworn, and the papers are dated last week, then I think $6500 is a great price. Plus you are saving on the sales tax.

Keep us posted on your progress.

handsfull · 16 February 2012, 03:07 PM

Quote:

Originally Posted by SaddleSC

The Jared story definitely checks out. I have purchased four Rolex watches from the local Jared in the last three months. I missed out on the one GMTIIC that they had available (I was a couple hours late), but from what I understand, it sold for around $4850 (plus tax). The watches I purchased were 40% off retail.

FWIW: Jareds didn't discount the GMTII-C 40%....I believe it was either 10 or 15%. I had the opportunity to pick one up but passed....I could (and did) do better right here on the forum

SaddleSC · 16 February 2012, 03:10 PM

Quote:

Originally Posted by handsfull

FWIW: Jareds didn't discount the GMTII-C 40%....I believe it was either 10 or 15%. I had the opportunity to pick one up but passed....I could (and did) do better right here on the forum

A family friend works at the local Jared (in my neck of the woods) and confirmed that the GMTIIC started out at 15% back in October of 2011 when the liquidation sale began; however, they still had one left in stock on February 1st and a new price list was released for the final closeout. It sold last week for $4850 (plus tax). I was actually checking out next to the guy that sniped it from me:)

Rolex_Guru · 16 February 2012, 03:39 PM

Quote:

Originally Posted by handsfull

FWIW: Jareds didn't discount the GMTII-C 40%....I believe it was either 10 or 15%. I had the opportunity to pick one up but passed....I could (and did) do better right here on the forum

Exactly I find it hard to believe SS Sports models ever get a bigger discount than 15%. The Jareds I went to in FL when they lost the AD had every model but the SS models marked down. Some of the all gold and 2 tones were 30% to 40% off.

timeisfathaoftruth · 16 February 2012, 02:49 PM

If it's truly brand new and never worn and if it comes intact with everything (and with the warranty card consistent with his story of buying it new last week) then $6500 sounds like a good price to me.

MortgageGuy · 16 February 2012, 02:59 PM

Yes sounds good however with a relationship with an AD this should be easily achieved as well and also on a newer serial if this is important to you!

SS Oyster · 16 February 2012, 03:16 PM

Nice watch. I would have kept mine, but didn't like the way the PCLs scratched, so flipped it for a LVc.

kareemthedream33 · 16 February 2012, 03:20 PM

Quote:

Originally Posted by SaddleSC

A family friend works at the local Jared (in my neck of the woods) and confirmed that the GMTIIC started out at 15% back in October of 2011 when the liquidation sale began; however, they still had one left in stock on February 1st and a new price list was released for the final closeout. It sold last week for $4850 (plus tax). I was actually checking out next to the guy that sniped it from me:)

Wow, would I ever love to get a BNIB gmtc for under 5k!

Grissom · 16 February 2012, 03:35 PM

Take a look through the for sale section here, and you will get an idea what they seem to be selling for.....

Good luck!!

dddrees · 16 February 2012, 08:33 PM

That's about what used ones are going for. So although it's not a great deal it's Ok, even better if BNIB.

16 February 2012, 01:48 PM	#1
sspeedy2012 Banned Join Date: Jan 2012 Location: Florida Posts: 39	Dear Experts: Need Help with GMTIIC Deal. While shopping around, I found a seller that is offering to sell me a GMT Ceramic SS BRAND NEW NEVER WORN for $6,500. He claims to have the Box, Warranty Papers and all tags ETC that comes with the watch. I will meet with him tomorrow to check it out. My concern is that the watch is an M serial, which I think belongs to a 2008 year. The seller says he purchased the watch last week and an incredible discount from a Jared's Jewelry up north that is loosing their Rolex license and was liquidating. Does this sound right? If all checks out, is it a good deal? Last edited by sspeedy2012; 16 February 2012 at 01:51 PM.. Reason: typo

16 February 2012, 01:49 PM	#2
toph "TRF" Member Join Date: Apr 2008 Real Name: ChrisTOPHer Location: Sydney Watch: Rolex, Brellum, Posts: 12,601	That is all very possible. Meet him tomorrow but if you are paying cash i woudl try and get him down another 5% personally to a max of $6250 __________________ "Where no counsel is the people fall, but in the multitude of counselors there is safety." Member No.# 11795

16 February 2012, 01:54 PM	#3
robk215k "TRF" Member Join Date: Feb 2010 Real Name: Rob Location: Bucks County, PA Watch: Batman Posts: 472	You SHOULD be able to get an AD to do $6,700ish. Sounds a little risky to save $200. __________________ Found my TT Bluesy 116613 from and AD! Next....

16 February 2012, 01:57 PM	#4
FeelingTheBlues "TRF" Member Join Date: Sep 2011 Real Name: Carl Location: Always moving Watch: If you wish... Posts: 22,039	I don't think the price is too bad but it probably wouldn't do any harm to bargain a little bit, you could be able to have a better deal. As for the watch being made in 2008 I personally think it's very possible for an AD to keep a watch that long. __________________ Mon corps c'est un pays en guerre sur l'point d'finir, Le général de l'armée de terre s'attend au pire, J'ai faim, j'ai frette, je suis trop faible pour me lever debout, On va hisser le drapeau blanc un point c'est tout. - André Fortin

16 February 2012, 02:32 PM	#6
AAMD11 "TRF" Member Join Date: Feb 2010 Real Name: Illusive Man Location: NYC Watch: Omega Worldtimer Posts: 668	My AD offers that watch at 7100 the LOWEST. So I wouldnt buy it at my AD, I would look around. __________________

16 February 2012, 02:49 PM	#11
timeisfathaoftruth "TRF" Member Join Date: Nov 2009 Real Name: Ed Location: New England Watch: Sub,Daytona,GMT,YM Posts: 997	If it's truly brand new and never worn and if it comes intact with everything (and with the warranty card consistent with his story of buying it new last week) then $6500 sounds like a good price to me. __________________ Time and tide wait for no man...

16 February 2012, 02:59 PM	#12
MortgageGuy "TRF" Member Join Date: Jun 2009 Real Name: Adam Location: Orlando, Florida Watch: Me Posts: 9,935	Yes sounds good however with a relationship with an AD this should be easily achieved as well and also on a newer serial if this is important to you! __________________ The richest people in the world look for and build NETWORKS, Everyone else looks for work... Robert Kiyosaki

16 February 2012, 03:16 PM	#13
SS Oyster 2024 SubLV41 Pledge Member Join Date: Sep 2008 Location: USA Posts: 9,202	Nice watch. I would have kept mine, but didn't like the way the PCLs scratched, so flipped it for a LVc.

16 February 2012, 03:35 PM	#15
Grissom "TRF" Member Join Date: Oct 2010 Real Name: Nathan Location: US, Latin America Watch: GMT IIc 18K/SS Posts: 3,349	Take a look through the for sale section here, and you will get an idea what they seem to be selling for..... Good luck!! __________________ *(Member NAWCC since 1976)* 116713LN GMT-IIc 18k/SS (Z) + 116520 SS Daytona (M) + 16700 GMT Master (A) + 16610LV Submariner (V) + 16600 Sea Dweller (Z) + 116400 Milgauss White Dial (V) + 70330N Tudor Heritage Chronograph Grey w/Black Sub Dials (J) + 5513 Submariner Serif Dial (5.2 Mil) Who else needs an Intervention? (109 297) (137 237) (73 115) (221) (23) (56) (229) P-Club Member #5 RIP JJ Irani - TRF Legend

16 February 2012, 08:33 PM	#16
dddrees "TRF" Member Join Date: May 2010 Real Name: Dan Location: USA Watch: This N That Posts: 34,253	That's about what used ones are going for. So although it's not a great deal it's Ok, even better if BNIB. __________________ When it captures your imagination, that's when you know you have found your passion. Loyal Foot Soldier of The Nylon Nation. Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons

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