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burnthesehills · 2 February 2019, 02:23 AM

I would walk away from this deal. Too risky.

Brian Page · 2 February 2019, 02:30 AM

Quote:

Originally Posted by LooseCann0n

I have found a used Rolex for sale with a private individual but am a little cautious compared to buying from a bricks and mortar shop.
How can I be sure that I am buying the genuine article and that it has official warranty (watch is from 2017) and that it is not stolen?

Was thinking to go to a London AD and get them to look at it but what is the procedure?
Do we both walk in and anounce that we are looking to do a deal in their shop and can they verify the provenance? Or do we undertake some weird ritual where we try to sell to the dealer and see if their checks unearth any problems?
Just wondering why a AD would help two strangers do a deal on their premises without nothing in it for them? Or are they happy to help?

Seller has suggested we go to a jewellers in Hatton Garden (London jewellery district for non-UK readers) and get one of them to appraise but still thinking why would they do this unless we were asking them to buy it?

Just a little unsure as my first time buying from a private seller and don’t want to be taken for a ride?

Maybe I missed something, but is this a difficult model to find? - what is it?

PossumDixon · 2 February 2019, 02:40 AM

Quote:

Originally Posted by Jim Smyth

I remember the story when you first posted about it. You were about to get scammed and saved a lot of money and aggravation. Go have a nice mini vacation.

How would you get scammed in a cash deal?

LooseCann0n · 2 February 2019, 06:51 AM

Quote:

Originally Posted by Brian Page

Maybe I missed something, but is this a difficult model to find? - what is it?

SS DaytonaC white dial

shapa · 2 February 2019, 06:57 AM

Don't do it. Too many scammers out there. Peace of mind is priceless.

Zakalwe · 2 February 2019, 07:02 AM

What’s the price?

Cheapest white dial SS Daytona on Chrono24 is £18750 and that’s from Xupes, who I believe have a solid reputation. You could get one from WF for a grand more.

timeldn · 2 February 2019, 07:13 AM

I would recommend you to purchase from a trusted seller, there are quite a few established sellers in the UK. You can visit and try on the watch in person. Good luck

jimcameron · 2 February 2019, 07:39 AM

The only thing worse than buying from an unknown seller is selling to one. The great myth of watches as an investment for short term flippers, never seems to fully elaborate on the number of rips.

AK797 · 2 February 2019, 08:56 AM

Quote:

Originally Posted by Zakalwe

What’s the price?

Cheapest white dial SS Daytona on Chrono24 is £18750 and that’s from Xupes, who I believe have a solid reputation. You could get one from WF for a grand more.

Yes, if you are going to spend near on 20 grand then be totally safe, this really shouldn't even be a consideration, when there is some doubt, there is really no doubt.

asiparks · 2 February 2019, 05:50 PM

Quote:

Originally Posted by AK797

Yes, if you are going to spend near on 20 grand then be totally safe, this really shouldn't even be a consideration, when there is some doubt, there is really no doubt.

and if you're being offered it for considerably less than this, I'd take that as a massive red flag too...unless you're lucky enough to be buying at retail price from an AD, there's no such thing as a bargain 116500...

Johny · 2 February 2019, 11:38 PM

Quote:

Originally Posted by LooseCann0n

Yes the original owner - purchased from AD in Geneva

Thank you.

Does he have his original purchase receipt from the AD?

mfm22 · 3 February 2019, 01:31 AM

trust your instincts - they are telling you to walk away !

LooseCann0n · 3 February 2019, 02:09 AM

Was a good deal - £17500 for a 2017 model but wasn’t comfortable with a private seller for a deal this size and my experience..
As stated these can be had for £18500 so only £1000 cheaper.
In the end, decided to get from a bricks and mortar in the small chance there is an issue.

LooseCann0n · 3 February 2019, 02:10 AM

Thanks everyone for your assistance and helping me to make my mind up that the saving wasn’t really worth if for the piece of mind.

Hkspwrsche · 3 February 2019, 04:12 AM

Buy the Seller or Buyer. I find myself dealing with only trusted dealers even if I may lose some to allow for the seller profit.

Tools · 3 February 2019, 04:27 AM

Quote:

Originally Posted by LooseCann0n

Thanks everyone for your assistance and helping me to make my mind up that the saving wasn’t really worth if for the piece of mind.

Probably a good idea.

superstarmar · 3 February 2019, 04:28 AM

Quote:

Originally Posted by LooseCann0n

Thanks everyone for your assistance and helping me to make my mind up that the saving wasn’t really worth if for the piece of mind.

Good Man and good final decision...

79280_116520 · 3 February 2019, 05:36 AM

Quote:

Originally Posted by PossumDixon

How would you get scammed in a cash deal?

You ever heard of armed robbery and stick ups? European crime laws are VERY lax compared to the US.

Macnavara · 3 February 2019, 07:28 AM

Quote:

Originally Posted by AK797

You sure about them? Heard a lot of dodgy stories about them a few years ago, I would not rely on them.

Ive had nothing but terrible experiences with them....the last time I valled them they hung up on me..very rude and certainly wont ever be getting a penny off me or any one I know

The1019 · 3 February 2019, 07:54 AM

Due diligence on watch and buyer is all that’s needed nothing wrong buying privately to keep things in perspective - a few bad stories from both dealers and private is not the norm no need to create false panic long as you follow any normal checks as you would with any purchase.

Muxi · 3 February 2019, 09:50 AM

Security issues aside, my personal rule now is to only buy new or nearly new from private sellers. Can’t tell how many times a watch has been opened for the pre-owned of 5-10yo watches

comanndr · 3 February 2019, 12:03 PM

my first buy david sw sweet jesus safe
don't cut corners
please buy the seller
everything else won't matter
it supposed to be a fun hobby

tahitianmoon · 3 February 2019, 12:50 PM

Before I pay for any Rolex in a private transaction, I always make an appointment at my local AD and have the watchmaker open it up and verify it. It costs $100 US but the piece of mind is priceless.

2 February 2019, 07:02 AM	#36
Zakalwe "TRF" Member Join Date: Jun 2017 Real Name: Sal Location: London Posts: 2,496	What’s the price? Cheapest white dial SS Daytona on Chrono24 is £18750 and that’s from Xupes, who I believe have a solid reputation. You could get one from WF for a grand more. __________________ “Never argue with idiots. They will drag you down to their level and beat you with experience." - Mark Twain

2 February 2019, 02:23 AM	#31
burnthesehills "TRF" Member Join Date: Jan 2019 Real Name: Joe Location: Western MA Posts: 1,211	I would walk away from this deal. Too risky.

2 February 2019, 06:57 AM	#35
shapa "TRF" Member Join Date: Nov 2018 Location: Los Angeles, CA Posts: 267	Don't do it. Too many scammers out there. Peace of mind is priceless.

2 February 2019, 07:13 AM	#37
timeldn "TRF" Member Join Date: Feb 2018 Location: London Posts: 606	I would recommend you to purchase from a trusted seller, there are quite a few established sellers in the UK. You can visit and try on the watch in person. Good luck

2 February 2019, 07:39 AM	#38
jimcameron "TRF" Member Join Date: Dec 2005 Location: ByDawns Earlylite Watch: 16800 Posts: 3,580	The only thing worse than buying from an unknown seller is selling to one. The great myth of watches as an investment for short term flippers, never seems to fully elaborate on the number of rips.

3 February 2019, 01:31 AM	#42
mfm22 "TRF" Member Join Date: Jan 2017 Real Name: Mike Location: NY Watch: Explorer 1 Posts: 488	trust your instincts - they are telling you to walk away !

3 February 2019, 02:09 AM	#43
LooseCann0n "TRF" Member Join Date: Jan 2019 Location: London, UK Watch: Daytona,Pepsi,SD4K Posts: 569	Was a good deal - £17500 for a 2017 model but wasn’t comfortable with a private seller for a deal this size and my experience.. As stated these can be had for £18500 so only £1000 cheaper. In the end, decided to get from a bricks and mortar in the small chance there is an issue.

3 February 2019, 02:10 AM	#44
LooseCann0n "TRF" Member Join Date: Jan 2019 Location: London, UK Watch: Daytona,Pepsi,SD4K Posts: 569	Thanks everyone for your assistance and helping me to make my mind up that the saving wasn’t really worth if for the piece of mind.

3 February 2019, 04:12 AM	#45
Hkspwrsche "TRF" Member Join Date: Oct 2009 Real Name: Harold Location: Richmond, Va Posts: 820	Buy the Seller or Buyer. I find myself dealing with only trusted dealers even if I may lose some to allow for the seller profit.

3 February 2019, 07:54 AM	#50
The1019 Banned Join Date: Jan 2019 Location: London Posts: 109	Due diligence on watch and buyer is all that’s needed nothing wrong buying privately to keep things in perspective - a few bad stories from both dealers and private is not the norm no need to create false panic long as you follow any normal checks as you would with any purchase.

3 February 2019, 09:50 AM	#51
Muxi "TRF" Member Join Date: May 2018 Location: Philippines Posts: 1,823	Security issues aside, my personal rule now is to only buy new or nearly new from private sellers. Can’t tell how many times a watch has been opened for the pre-owned of 5-10yo watches

3 February 2019, 12:03 PM	#52
comanndr "TRF" Member Join Date: Jan 2017 Real Name: rich Location: florida Watch: 16570 polar16610lv Posts: 208	my first buy david sw sweet jesus safe don't cut corners please buy the seller everything else won't matter it supposed to be a fun hobby

3 February 2019, 12:50 PM	#53
tahitianmoon Banned Join Date: Aug 2012 Location: USA Watch: AP 15400ST Posts: 175	Before I pay for any Rolex in a private transaction, I always make an appointment at my local AD and have the watchmaker open it up and verify it. It costs $100 US but the piece of mind is priceless.

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