The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Forum > Rolex & Tudor Watch Topics > Rolex General Discussion

Reply
 
Thread Tools Display Modes
Old 2 October 2010, 04:02 AM   #1
Stitch
Banned
 
Join Date: Apr 2010
Location: UK
Watch: Tag Heuer 929.113g
Posts: 289
Greedy thoughts

It's not even cold out of the box and I'm thinking about moving the Sub C on after the next UK price rise. My logic?

I can put my name down on a new list and pick another up at a later date but use the profit to reduce the net cost to me.

Stupid idea?
Stitch is offline   Reply With Quote
Old 2 October 2010, 04:13 AM   #2
esm
"TRF" Member
 
esm's Avatar
 
Join Date: Jul 2008
Real Name: Eric
Location: Location,Location
Watch: this, bro...
Posts: 15,340
Yes, greedy thought but it's doable IMO.

But does it really worth the hassle when the Sub-Cs aren't really selling that well?!?
esm is offline   Reply With Quote
Old 2 October 2010, 04:29 AM   #3
EchoBlueUK
"TRF" Member
 
EchoBlueUK's Avatar
 
Join Date: May 2009
Location: UK
Posts: 1,543
Hmmm interesting but not sure it's worth the hassle. Also they are pretty available now worldwide so you'd struggle to get sizeable margin out of it imho.
EchoBlueUK is offline   Reply With Quote
Old 2 October 2010, 05:07 AM   #4
Stitch
Banned
 
Join Date: Apr 2010
Location: UK
Watch: Tag Heuer 929.113g
Posts: 289
I wasn't looking at selling over list but I get a discount before hand so may have been worth it.
Anyway, I'm out inti town this evening and it's on my wrist so can't see it leaving my possession anyway!
Stitch is offline   Reply With Quote
Old 2 October 2010, 06:20 AM   #5
chris russell
Banned
 
Join Date: Oct 2008
Location: Peterborough, ON
Watch: your mouth.
Posts: 1,023
You're dreaming. There's no profit to be made there.
chris russell is offline   Reply With Quote
Old 2 October 2010, 06:31 AM   #6
jeremyam
Member
 
Join Date: Jul 2010
Real Name: Jeremy
Location: Toronto, Ontario
Watch: 16610 V
Posts: 511
Kinda Agree

Quote:
Originally Posted by chris russell View Post
You're dreaming. There's no profit to be made there.
And if there were, how much do you think you'd make or lose. I suspect you're going to be fighting odds that are naturally stacked against you. But I don't know what you know so...
jeremyam is offline   Reply With Quote
Old 2 October 2010, 06:45 AM   #7
ally
"TRF" Member
 
ally's Avatar
 
Join Date: Aug 2010
Real Name: Alan
Location: london
Watch: Explorer II
Posts: 790
I suppose if you can get 10% discout off list and find one before the price hike you might able too do it?
But what's the point ?
ally is offline   Reply With Quote
Old 2 October 2010, 07:04 AM   #8
MikeJaye
Member
 
Join Date: Jun 2008
Location: London
Posts: 675
Quote:
Originally Posted by Stitch View Post
I wasn't looking at selling over list but I get a discount before hand so may have been worth it.
Anyway, I'm out inti town this evening and it's on my wrist so can't see it leaving my possession anyway!
Reputable sellers on other forums are selling this for under list already...

These aren't even moving at all at RRP. On another forum there is one going for £200 (second hand) under list and it's been listed for ages.

In my opinion stick with yours...it prob isn't worth the hassle for a few pounds.
MikeJaye is offline   Reply With Quote
Old 2 October 2010, 07:24 AM   #9
timepieceaddict
"TRF" Member
 
Join Date: Feb 2009
Real Name: Nick
Location: Sussex, UK
Watch: 116520, Pam 312
Posts: 286
Once you have worn the piece and all stickers are off, you will struggle to get 4k for the sub c. One on line watch dealer only offered me 4k for one with all seals.
timepieceaddict is offline   Reply With Quote
Old 2 October 2010, 07:30 AM   #10
Tools
TRF Moderator & 2024 SubLV41 Patron
 
Tools's Avatar
 
Join Date: May 2007
Real Name: Larry
Location: Mojave Desert
Watch: GMT's
Posts: 43,494
Is this a discussion about Rolex watches and the enthusiasts that enjoy a good timepiece..

Or an exercise in materialism..
__________________
(Chill ... It's just a watch Forum.....)
NAWCC Member
Tools is offline   Reply With Quote
Old 2 October 2010, 07:58 AM   #11
psv
2024 Pledge Member
 
Join Date: Oct 2009
Location: USA & France
Posts: 11,078
You obviously value your time differently than I do. Too much hassle, potential risk etc. Just enjoy your watch. Or not.
psv is offline   Reply With Quote
Old 2 October 2010, 10:50 AM   #12
Danand
"TRF" Member
 
Join Date: Aug 2010
Real Name: Jonathan
Location: Ottawa
Watch: 116610LN
Posts: 1,246
Not to mention the impending increase in vat. Seems like a waste of time to me. Just wear it and enjoy it and make a few quid the old fashioned way.
Danand is offline   Reply With Quote
Old 2 October 2010, 10:58 AM   #13
Art 1
Banned
 
Join Date: Feb 2008
Location: Florida, Canada
Watch: Rol/Seik/Tud/Omega
Posts: 30,244
Quote:
Originally Posted by chris russell View Post
you're dreaming. There's no profit to be made there.
+1.
Art 1 is offline   Reply With Quote
Old 2 October 2010, 12:06 PM   #14
karmatp
"TRF" Member
 
karmatp's Avatar
 
Join Date: Sep 2007
Real Name: Trevor
Location: Arizona
Posts: 5,740
Sounds to me like you don't realise how much money you lost when you walked out the door with your Sub C on your wrist.
__________________
My grails:
karmatp is offline   Reply With Quote
Old 2 October 2010, 08:55 PM   #15
Stitch
Banned
 
Join Date: Apr 2010
Location: UK
Watch: Tag Heuer 929.113g
Posts: 289
Quote:
Originally Posted by karmatp View Post
Sounds to me like you don't realise how much money you lost when you walked out the door with your Sub C on your wrist.
Not so Trevor. (it was still boxed!) I was offered a value by a respected UK grey seller which would have made me £300 without any hassle. Now £300 may not be worth the hassle but it's still a decent return given the current UK interest rates!

The simple maths of this were that I may have been able to reduce the net cost to me for a watch i want - can't see anything wrong with that. Indeed it may be more hassle than it's worth but it was worth considering IMHO.
Stitch is offline   Reply With Quote
Old 2 October 2010, 09:04 PM   #16
padi56
"TRF" Life Patron
 
padi56's Avatar
 
Join Date: Jun 2005
Real Name: Peter
Location: Llanfairpwllgwyng
Watch: ing you.
Posts: 53,035
Quote:
Originally Posted by Tools View Post
Is this a discussion about Rolex watches and the enthusiasts that enjoy a good timepiece..

Or an exercise in materialism..
Have to agree Larry, sure there are now a new breed of Rolex watch wearers today.Myself always bought watches because I liked them, owning a Rolex is not always thinking just about profit.
__________________

ICom Pro3

All posts are my own opinion and my opinion only.

"The clock of life is wound but once, and no man has the power to tell just when the hands will stop. Now is the only time you actually own the time, Place no faith in time, for the clock may soon be still for ever."
Good Judgement comes from experience,experience comes from Bad Judgement,.Buy quality, cry once; buy cheap, cry again and again.

www.mc0yad.club

Second in command CEO and left handed watch winder
padi56 is offline   Reply With Quote
Old 2 October 2010, 09:08 PM   #17
Paracentesis
Banned
 
Join Date: May 2010
Real Name: James
Location: UK
Watch: Tissot
Posts: 1,454
A total waste of time, IMO. It doesn't appear to be a desirable watch, judging by lukewarm sales.
Paracentesis is offline   Reply With Quote
Old 2 October 2010, 09:10 PM   #18
gimpex
"TRF" Member
 
Join Date: Mar 2010
Real Name: Greg
Location: Austria
Watch: Sub C LV / Exp II
Posts: 609
Quote:
Originally Posted by Tools View Post
Is this a discussion about Rolex watches and the enthusiasts that enjoy a good timepiece..

Or an exercise in materialism..
To me materialism / capitalism is the reason we are able to enjoy these fine timepieces....
gimpex is offline   Reply With Quote
Old 2 October 2010, 09:29 PM   #19
Stitch
Banned
 
Join Date: Apr 2010
Location: UK
Watch: Tag Heuer 929.113g
Posts: 289
Quote:
Originally Posted by padi56 View Post
Have to agree Larry, sure there are now a new breed of Rolex watch wearers today.Myself always bought watches because I liked them, owning a Rolex is not always thinking just about profit.
That sounds a little condecending to me, new breed indeed. I've had an interest in watches since I was a small child and hence why the Tag i had for my 18th Birthday has been on my wrist every day since.

This isn't about making a profit on the watch for profits sake, this was about making a watch "cheaper" for me by moving one on allowing me to have some additonal funds to put against another.
Stitch is offline   Reply With Quote
Old 2 October 2010, 09:47 PM   #20
Singslinger
"TRF" Member
 
Singslinger's Avatar
 
Join Date: Sep 2008
Location: singapore
Posts: 6,424
Quote:
Originally Posted by Tools View Post
Is this a discussion about Rolex watches and the enthusiasts that enjoy a good timepiece..

Or an exercise in materialism..
Agreed.

But it's difficult to avoid talk about making or saving money - witness the number of threads on the virtues of buying secondhand to make flipping easier or discussions on whether such-and-such a watch makes a good investment.
Singslinger is offline   Reply With Quote
Old 2 October 2010, 10:07 PM   #21
al_bongo
"TRF" Member
 
Join Date: Sep 2008
Location: Scotland, UK
Posts: 444
Risky idea. Who knows what the demand really is at this stage? I tried one on yesterday, so they are available outwith waiting lists.
al_bongo is offline   Reply With Quote
Old 2 October 2010, 11:33 PM   #22
Shade
"TRF" Member
 
Join Date: Jan 2010
Real Name: Norman
Location: Jakarta
Watch: All of 'em..
Posts: 2,926
Too much hassle for me. But not an impossible thought. Finding a buyer may be trickier as others have stated, the subc isn't that hot at the moment..
__________________
My collections..

http://rolexforums.com/image.php?type=sigpic&userid=33241&dateline=128831  6747

Plus PAM 233, 232, 249 & PAM 417.
Shade is offline   Reply With Quote
Old 2 October 2010, 11:45 PM   #23
Puffy
"TRF" Member
 
Puffy's Avatar
 
Join Date: Oct 2009
Location: Here and there
Posts: 12,485
sounds like a lot of work for a few hundred quid
__________________
Fine Quality is Long Remembered After the Pain of Spending Money is Forgotten
Puffy is offline   Reply With Quote
Old 3 October 2010, 12:53 AM   #24
exxondus
"TRF" Member
 
Join Date: May 2009
Location: Singapore
Posts: 568
Quote:
Originally Posted by timepieceaddict View Post
Once you have worn the piece and all stickers are off, you will struggle to get 4k for the sub c. One on line watch dealer only offered me 4k for one with all seals.
4k usd?

wow thats a great offer! can u point me to the dealer that is selling USD4k with all the seals on?

Thanks!
exxondus is offline   Reply With Quote
Old 3 October 2010, 12:56 AM   #25
mike
"TRF" Member
 
mike's Avatar
 
Join Date: Jul 2005
Posts: 22,683
Quote:
Originally Posted by Stitch View Post
That sounds a little condecending to me, new breed indeed. I've had an interest in watches since I was a small child and hence why the Tag i had for my 18th Birthday has been on my wrist every day since.

This isn't about making a profit on the watch for profits sake, this was about making a watch "cheaper" for me by moving one on allowing me to have some additonal funds to put against another.
I don't think it was ment to be condecending. There are those of us that have worn these watches for more years than many have been alive.

Many have used these watches in the manner they were ment to be used--as timepieces and tools for a purpose. They built histories and memories with them. They counted on them.

Many have kept their "veterans" when they could have sold them for many multiples of the original price, but that thought never crossed their minds.

Most all of us sell a watch now and then (dealers excluded), but the real profit in this hobby is the years of enjoyment that special watch and it's memories bring.
mike is offline   Reply With Quote
Old 3 October 2010, 12:57 AM   #26
EchoBlueUK
"TRF" Member
 
EchoBlueUK's Avatar
 
Join Date: May 2009
Location: UK
Posts: 1,543
Quote:
Originally Posted by puffy View Post
sounds like a lot of work for a few hundred quid
+1
EchoBlueUK is offline   Reply With Quote
Old 4 October 2010, 01:06 AM   #27
esm
"TRF" Member
 
esm's Avatar
 
Join Date: Jul 2008
Real Name: Eric
Location: Location,Location
Watch: this, bro...
Posts: 15,340
Maybe the £300 saved can go toward to kitchen sink tap at your new place...... Just a thought
esm is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Asset Appeal

Wrist Aficionado

DavidSW Watches

Takuya Watches

My Watch LLC

OCWatches


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.