Opportunity for White DayC....but no papers

[Fedpete]

Ok guys, I have a shot at a decently priced white 116500 pre-owned—a little desk diving but otherwise excellent.

Fair price, still above msrp of course.......the one major caveat is no papers. Very very reputable local dealer however.

It’s giving me pause and wanted to hear from you guys first.

Would you still pull the trigger? Would this drastically harm resale in the future?

Thank you all. I love this place.


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[Vaxe]

Negotiate a better deal then call Rolex for a new warranty card, will run you only $60.
People lose their cards all the time, but your dealer is likely holding that to hide AD identity.

[Dompropat]

I would do it if you're getting a better deal than typical market value

[lisalisa]

Originally Posted by Vaxe

Negotiate a better deal then call Rolex for a new warranty card, will run you only $60.
People lose their cards all the time, but your dealer is likely holding that to hide AD identity.

You can call Rolex and they will send new warranty card??


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[beshannon]

Box?
Where did it come from, private seller, trade in?
What is a "decent" price?

[emtee]

Originally Posted by Vaxe

Negotiate a better deal then call Rolex for a new warranty card, will run you only $60.
People lose their cards all the time, but your dealer is likely holding that to hide AD identity.

Pretty sure they won’t do this. Best you will get is sending it in for service and getting service card which will prove it’s authentic and provide some additional warranty time.

[tyler1980]

Originally Posted by Fedpete

Ok guys, I have a shot at a decently priced white 116500 pre-owned—a little desk diving but otherwise excellent.

Fair price, still above msrp of course.......the one major caveat is no papers. Very very reputable local dealer however.

It’s giving me pause and wanted to hear from you guys first.

Would you still pull the trigger? Would this drastically harm resale in the future?

Thank you all. I love this place.


Sent from my iPhone using Tapatalk

how would this reputable dealer know if it was stolen or not? These things take time to get into databases. What if it was stolen in the UK and sold in the US? Does a dealer check world wide for stolen watches? Just saying, its not that improbable and the dealer would have no idea. With the speed these things change hands it makes this even harder to track. 10 years from now when it goes to RSC for service you may get a surprise.

There is no excuse for a <2 year old watch not to have papers. Stolen watches rarely have papers as they are usually not stored in the same place.

[Fedpete]

Originally Posted by Dompropat

I would do it if you're getting a better deal than typical market value

20k plus tax


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[Fedpete]

Originally Posted by beshannon

Box?
Where did it come from, private seller, trade in?
What is a "decent" price?

Has a box. 20k plus tax.


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[Fedpete]

Originally Posted by tyler1980

how would this reputable dealer know if it was stolen or not? These things take time to get into databases. What if it was stolen in the UK and sold in the US? Does a dealer check world wide for stolen watches? Just saying, its not that improbable and the dealer would have no idea. With the speed these things change hands it makes this even harder to track. 10 years from now when it goes to RSC for service you may get a surprise.

There is no excuse for a <2 year old watch not to have papers. Stolen watches rarely have papers as they are usually not stored in the same place.

My nightmare fear is the watch is indeed stolen and I service it 10 years down the road and it comes up hot in their database.

This company has been in business for over a hundred years however. It’s not some random shop. If that bears any value.


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[Dompropat]

Originally Posted by Fedpete

20k plus tax


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In that case I would just spend the extra money and buy from DavidSW (or somebody similar) to get a complete set.

[Fedpete]

Originally Posted by lisalisa

You can call Rolex and they will send new warranty card??


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Did not know this either.


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[tyler1980]

Originally Posted by Fedpete

My nightmare fear is the watch is indeed stolen and I service it 10 years down the road and it comes up hot in their database.

This company has been in business for over a hundred years however. It’s not some random shop. If that bears any value.


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I had a break in 9 days ago and i still have not gotten around to submitting serial numbers for some of the items (no watches were taken though)

If it was a Daytona it could have been to a dealer and off to a new home before that. If i reported it on day 1, the police would have to upload it into their system immediately which i doubt they do. No idea on how Rolex handles this internally with a stolen database.

Also if i had a watch stolen, i would deal with my insurance company and be done with it. Do they then add it to a stolen database or contact Rolex? No idea, but its their watch as soon as i make a claim but i doubt they do it quickly. The system moves slowly

[beshannon]

Originally Posted by Fedpete

Has a box. 20k plus tax.


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Given what is currently on the sales forum, that is not a "decently" priced watch given the MSRP. You are paying a huge amount for a less than complete package with unknown variables.

I would not buy that watch.

[The1019]

You won’t be getting replacement card by calling Rolex dream on

[David5807]

I wouldn't do it. Papers is a must have for me.

[MTBer]

If you have $20k to spend on this watch, isn’t it worth spending a couple thousand more for one in brand new, unworn condition without any questionable history?

[Hard_Six]

I prefer to buy with card/papers. Especially at the $20K mark. I would pass personally.

[Muxi]

BNIB is worth it.

[Seaswirl]

You sure it’s a 116500 and not a modded 116520 made to look like a DaytonaC? I’ve seen quite a few online...

[Frakis]

Originally Posted by Fedpete

20k plus tax


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In my opinion, this is not a good price for an incomplete set. I would PASS on this one.

[kauffee]

That’s not a good price at all given the uncertainty involved in this watch. Honestly, if the shop is as reputable as you say, they should have gotten something official from Rolex such as an authentication to prove it’s real and not stolen. Remember that this watch should still be under warranty.

[Sublovin]

Originally Posted by David5807

I wouldn't do it. Papers is a must have for me.

There are no “papers”. There’s a plastic warranty card...

[Sublovin]

Originally Posted by Fedpete

20k plus tax


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surely you are joking

[brucethemanlee]

How can you not have papers on a 2.5 year old released watch?

Sketchy


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[MAINEZX10]

I wouldn’t even think about buying it. $20k for no papers, no way

[SeaDweller50]

Originally Posted by brucethemanlee

How can you not have papers on a 2.5 year old released watch?

Sketchy


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Agreed. Alarm bells are ringing on this one.

[kokota]

Originally Posted by lisalisa

You can call Rolex and they will send new warranty card??

Based on my experience, I don't believe this is possible.

[Fedpete]

Originally Posted by Frakis

In my opinion, this is not a good price for an incomplete set. I would PASS on this one.

I am in agreement with all of you. This is the classic emotion versus logic battle. It’s a pass, what my gut said just wanted to hear your thoughts.


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[s.m.b.]

Originally Posted by Dompropat

In that case I would just spend the extra money and buy from DavidSW (or somebody similar) to get a complete set.