Trade - bad deal

[WS9D]

I had a BLNR and a 16710 at the same time. After awhile, the BLNR became too cartoonish for me. The 16710 remains, BLNR is gone and I don't miss it. I had a 6 digit EX2 that I sold, and I wish I didn't. I miss it. But they now cost more than I want to pay. So I would not do this trade.

If you have to have the BLNR, let go of the polar first, but you will regret it later in life

[nighthawk77]

Those numbers don't stack up for me, I wouldn't make that trade.

[Wcdhtwn]

I don't like to pile on, but I"m going to. This is a terrible trade and the person offering it 100% knowingly taking advantage of you.

[77T]

As a trade it's 1.375 weighted towards counterparty.

You're getting about 76% considering retail values. There is greater demand for the newer BLNR vs your older pieces. Also, the dealer assumes the risk of having condition issues on 2 watches.

It's doable if you have ≈ 10k tied up in the 16710 & 16750.

But...
You would want to do it in person and only a trusted dealer - not some random "collector".


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[rohada]

Originally Posted by watchnwine

16710 full set in great condition worth ~$12,000. 16750 full set in great condition ~$8,000.

I've been casually looking at both of the watches above and concur with that pricing in the US. I agree with maybe trading one plus a reasonable amount of cash or waiting to buy from AD.

It's easy to be dismissive of this trade, but another way to view it is to find out what you'd clear selling them in a private transaction vs what you would clear selling to a dealer, if you have any interest in either. Doubtful you'd get anywhere near the above referenced selling prices through a dealer buying them and you'd probably get less than above for selling privately. So, do the math and compare it to what you could get out the door on a NIB 126710BLNR through a dealer and see if the math works for you. For example, you may come to the reality (depending on how you want to proceed) that you'd only clear between $15k-$17k (we'll say that is worse case). If that puts you in the reasonable cost of a NIB 126710BLNR from a dealer, then so be it. My example is merely hypothetical as you can investigate the real dollars on your own.

If you want the above watches gone and you want the 126710BLNR more, then the threshold for financial pain may lessen in your eyes. Only you can make that determination. Good luck to you.

[JRell]

Originally Posted by rohada

I've been casually looking at both of the watches above and concur with that pricing in the US. I agree with maybe trading one plus a reasonable amount of cash or waiting to buy from AD.

It's easy to be dismissive of this trade, but another way to view it is to find out what you'd clear selling them in a private transaction vs what you would clear selling to a dealer, if you have any interest in either. Doubtful you'd get anywhere near the above referenced selling prices through a dealer buying them and you'd probably get less than above for selling privately. So, do the math and compare it to what you could get out the door on a NIB 126710BLNR through a dealer and see if the math works for you. For example, you may come to the reality (depending on how you want to proceed) that you'd only clear between $15k-$17k (we'll say that is worse case). If that puts you in the reasonable cost of a NIB 126710BLNR from a dealer, then so be it. My example is merely hypothetical as you can investigate the real dollars on your own.

If you want the above watches gone and you want the 126710BLNR more, then the threshold for financial pain may lessen in your eyes. Only you can make that determination. Good luck to you.

How is the BLNR worth 12k? Are we talking retail? Also needs to know how much he paid for his 2 watchs. Maybe he got them when the market was bad and paid around 12-15k for both. The more I think about it, it isn’t as far off as i thought, depending on what he paid for them.

[Flipmarine2k]

Wholesale prices approxomate)
BLNR on jubilee ~ 16k
16710 full set good condition 11kish
16750 full set good condition 7.5k?

That would be a no for me. Trade would make more sense money wise for a BLRO

[Gearjockey]

Originally Posted by 77T

As a trade it's 1.375 weighted towards counterparty.

You're getting about 76% considering retail values. There is greater demand for the newer BLNR vs your older pieces. Also, the dealer assumes the risk of having condition issues on 2 watches.

It's doable if you have ≈ 10k tied up in the 16710 & 16750.

But...
You would want to do it in person and only a trusted dealer - not some random "collector".


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That’s the retail philosophy.

We’ll see if he is amenable to wholesale philosophy.
Doesn’t sound like it.

Still emotional and asymmetrica.

[Spoonage]

I would not do that trade... I'm saying this even though my BLNR (oyster) is my go to watch currently. All three are great watches, but I feel like the vintage watches are harder to replace. If you have the option I would keep the current and add the BLNR.

[1259]

I’d much rather have the two

[rohada]

Originally Posted by JRell

How is the BLNR worth 12k? Are we talking retail.

Not sure if you’re addressing the $12,000 comment to me specifically or not. Through a dealer that watch would sell for more than $12k. My point was that, like you, this may not be the worst deal in the world. Yes, what he paid or did not pay for those watches factors in and that’s why he needs to do the math. Never said he should not do the deal. I just said that I might do things maybe a little differently, but that would depend on what I had in the watches to begin with on my end. I’d most likely keep both of those watches that he already has. Peace

[JRell]

Originally Posted by rohada

Not sure if you’re addressing the $12,000 comment to me specifically or not. Through a dealer that watch would sell for more than $12k. My point was that, like you, this may not be the worst deal in the world. Yes, what he paid or did not pay for those watches factors in and that’s why he needs to do the math. Never said he should not do the deal. I just said that I might do things maybe a little differently, but that would depend on what I had in the watches to begin with on my end. I’d most likely keep both of those watches that he already has. Peace

I was asking from another post you responded to, my bad. Agree with your points.

[77T]

Originally Posted by Gearjockey

That’s the retail philosophy.

We’ll see if he is amenable to wholesale philosophy.
Doesn’t sound like it.

Still emotional and asymmetrica.

The disadvantages ratio is the same retail or wholesale.

But if OP has 10k or less in these 2 5-digit models then his unrealized gain is a variable he could choose to barter.

I wouldn't do the trade though


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[SudiYunus]

No

[rohada]

Originally Posted by JRell

I was asking from another post you responded to, my bad. Agree with your points.

No worries. We seem to be in the minority, but there are several factors to consider when doing such things. Everyone has to chart their own course, I suppose. I've recently gotten into the holes in case watches, so the two the OP mentioned are in my wheelhouse right now, especially the 16570.

[ukwatchguy1]

Dealers always will have their margins so guess you are paying for that really and the convenience

I was thinking of a trade the other way around - BLNR jubilee for a Daytona white dial possibly the steel version or the ceramic, steel maybe looks a bit classier

[Tools]

To trade two known classics with settled value for one with a presently highly inflated secondary market value may be a short-sighted proposition.

The only reason for such a trade is Fear-Of-Missing-Out in the short term. Of course, the BLNR could be highly inflated forever, but I doubt it.

[Cambo]

To me it really depends on the condition on the 16710..I’ve never been a fan of the Explorer. If the 16710 is in great shape with box and papers, I wouldn’t do it.

[Brich436]

No way. Keep both and get on list for BLNR. Do not do it.

[Bill2e]

No No and No

[pigman08]

Hell no!!!


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[Jerrocop]

Those are some awesome vintage pieces. I wouldn’t do it because I’d love to have both of those. Value wise i think it’s not such a great deal but would depend on condition of your pieces and if a service is due on either. I love the modern GMT for its features and functionality but I tend to think you’d regret that trade.


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[messikens]

If I was out of my mind and needed mental help I'd consider that trade

[Tqmb79]

I wouldn’t do the trade.

What many forget is dealers always buy at wholesale and always sell at retail. In other words whatever they will sell the watch for, you get 80% of that when trading in. And when buying, you always pay their asking price / retail price. This is always the case or they wouldn’t be in business!

[dba]

No.

[racerx]

I’d trade my 16570 for a 16710 in a heartbeat.

[Roger Lococco]

F no


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[Tallbark]

Thanks for the feedback. These are the watches I’m refering to…

[Watchdog]

There is no chance you should do that deal. In fact, the BLNR shows up at AD's in high numbers now, so I would try that route first. If not, you can certainly do better than trading both of your fine watches for one BLNR (which is a great watch). Good luck.

[ROLEX MAN]

NEVER!

These are classics.