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Token74 · 28 October 2018, 07:07 PM

Hey guys

A friend of mine has been offered a 2018 used 116718 LN for £10k in good condition.

Based on prices on Chrono24, even if you take 20% off the lowest priced one on there, it would be £13k so £10k seems like a steal.

He knows the guy he’d be buying it from so is comfortable that it’s all good, but I’m concerned it’s too good to be true.

Thoughts?

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Sal_UKSheffield · 28 October 2018, 07:10 PM

Sounds too good to be true

AK797 · 28 October 2018, 08:08 PM

Very cheap, he sure it's not stolen or a franken? I'd first give it in to RSC and ask for a repair quote and if you get one then the watch is all good and I would proceed. Most greys will pay 14K plus for this.

Token74 · 28 October 2018, 08:34 PM

Cheers guys, my thoughts exactly.

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rambo99 · 28 October 2018, 09:04 PM

way lower than market price. did your friend explain to you why it's so cheap?

1st amg · 28 October 2018, 09:06 PM

Holy cheap. Grab it

lenfried29 · 28 October 2018, 09:09 PM

Quote:

Originally Posted by Sal_UKSheffield

Sounds too good to be true

Yes, it's way too good to be true

faimag · 28 October 2018, 09:17 PM

Don't know if that's too good to be true, but chrono24 asking prices are somewhat higher than "norm". (if there were such a thing)

rambo99 · 28 October 2018, 09:18 PM

may be someone need cash desperately amid the recent stock market crash?

peterpl · 28 October 2018, 09:24 PM

A 2018 116718LN for that price? I'd be inclined to go take a look and meet at RSC to verify its not reported stolen and its 100% legit.

If it all checks out buy it. Quite possible someone is in desperate need of cash.

DP63 · 28 October 2018, 10:39 PM

Whats the trade in value for the watch? The selling price on watch sites is one thing, but its what is offered for an outright purchase, or trade in is the number I'd take in to account.

If the seller NEEDS cash, then is £10k what he is being offered from a store? or less? If he needs cash, he is not looking to buy another watch, so the trade buy in price will be less than a trade "up" price .... I hope that makes sense.

There must be more to the story to work on.

Chiboy · 28 October 2018, 11:18 PM

Does the seller by any chance travel by moped?

Rolex Essex · 29 October 2018, 12:20 AM

That’s way too cheap.
Better check to see if it’s genuine.

watchwatcher · 29 October 2018, 12:25 AM

Quote:

Originally Posted by AK797

Very cheap, he sure it's not stolen or a franken? I'd first give it in to RSC and ask for a repair quote and if you get one then the watch is all good and I would proceed. Most greys will pay 14K plus for this.

Absolutely, my friend. I would have to have incontrovertible evidence that it wasn't before I would even think about this deal.

Cadi1 · 29 October 2018, 02:06 AM

Sounds way too cheap.

Nikrnic · 29 October 2018, 08:00 AM

There must be a reason for such a low price. Your friend knows the seller so there should be no trust issues. The seller must be uniformed on current prices or he wants a quick sale. There is still such a thing as getting a good deal but regardless he still should have it checked out.

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John DSSD · 29 October 2018, 10:34 AM

Boxed and papers in his name? If not, I would avoid

GB-man · 29 October 2018, 10:40 AM

I would want to bring it to rsc for a service quote. It’s sounds ridiculously cheap. I have to imagine a simple eBay auction would net the seller significantly more.

ltmgeller · 29 October 2018, 11:47 AM

Sounds too good to be true

Stalex · 30 October 2018, 05:19 AM

Only if you are very sure, cause its too good to be true and don't be in a hurry.

breitlings · 30 October 2018, 05:22 AM

seems like less than a grey would buy it for. so why are they selling it and assuming the risk.

Boaters · 30 October 2018, 05:36 AM

Very simple as said take it to an RSC if good buy if not walk.

R!$ · 30 October 2018, 05:42 AM

do you have pics?

JoeyT · 30 October 2018, 05:52 AM

I would be very careful at that price

mrk pixben · 30 October 2018, 06:21 AM

I should a bit sacred of hearing that, just be careful cause it sounds untrue.

jenson · 30 October 2018, 06:35 AM

Not sure if that would turn out well but just take a step at a time.

28 October 2018, 07:07 PM	#1
Token74 "TRF" Member Join Date: Dec 2012 Real Name: Vince Location: England Watch: Too many! Posts: 5,744	Good deal or not... Hey guys A friend of mine has been offered a 2018 used 116718 LN for £10k in good condition. Based on prices on Chrono24, even if you take 20% off the lowest priced one on there, it would be £13k so £10k seems like a steal. He knows the guy he’d be buying it from so is comfortable that it’s all good, but I’m concerned it’s too good to be true. Thoughts? Sent from my iPhone using Tapatalk __________________ Time is limited, make every second count. Patek Philippe Nautilus 5990 - AP Royal Oak 15300 - AP Royal Oak 15450 Blue - AP Royal Oak 15450 Silver - AP Royal Oak Offshore 26480 - Royal Oak Offshore 15710 - Rolex Sea Dweller 116600 - Rolex Daytona 116519 - Rolex GMT 126710 BLRO - Omega Speedmaster Reduced - JLC Reverso GMT Moonphase - TAG Microtimer - Dent Pocket Watch - JLC Atmos Phases de lune

28 October 2018, 08:34 PM	#4
Token74 "TRF" Member Join Date: Dec 2012 Real Name: Vince Location: England Watch: Too many! Posts: 5,744	Cheers guys, my thoughts exactly. Sent from my iPhone using Tapatalk __________________ Time is limited, make every second count. Patek Philippe Nautilus 5990 - AP Royal Oak 15300 - AP Royal Oak 15450 Blue - AP Royal Oak 15450 Silver - AP Royal Oak Offshore 26480 - Royal Oak Offshore 15710 - Rolex Sea Dweller 116600 - Rolex Daytona 116519 - Rolex GMT 126710 BLRO - Omega Speedmaster Reduced - JLC Reverso GMT Moonphase - TAG Microtimer - Dent Pocket Watch - JLC Atmos Phases de lune

28 October 2018, 11:18 PM	#12
Chiboy "TRF" Member Join Date: Aug 2016 Location: Chicago Watch: Daytona Posts: 5,561	Does the seller by any chance travel by moped? __________________ Datejust w/black Tapestry dial (1985) / Daytona (2016)

29 October 2018, 10:40 AM	#18
GB-man 2024 SubLV41 Pledge Member Join Date: Nov 2012 Location: USA Watch: addiction issues Posts: 37,323	I would want to bring it to rsc for a service quote. It’s sounds ridiculously cheap. I have to imagine a simple eBay auction would net the seller significantly more. __________________

29 October 2018, 11:47 AM	#19
ltmgeller 2024 SubLV41 Pledge Member Join Date: Aug 2012 Real Name: Mike Location: New York Watch: Rolex Posts: 22,495	Sounds too good to be true __________________ Oh, look at the time... Official Member: 'WIS-CON' Las Vegas International GTG 2019

28 October 2018, 07:10 PM	#2
Sal_UKSheffield "TRF" Member Join Date: Dec 2014 Location: UK Posts: 1,284	Sounds too good to be true

28 October 2018, 08:08 PM	#3
AK797 2024 Pledge Member Join Date: Feb 2010 Real Name: Neil Location: UK Watch: ing ships roll in Posts: 59,368	Very cheap, he sure it's not stolen or a franken? I'd first give it in to RSC and ask for a repair quote and if you get one then the watch is all good and I would proceed. Most greys will pay 14K plus for this.

28 October 2018, 09:04 PM	#5
rambo99 Banned Join Date: Aug 2018 Location: Tokyo Watch: SD43,PAM1616,Hulk Posts: 3,567	way lower than market price. did your friend explain to you why it's so cheap?

28 October 2018, 09:06 PM	#6
1st amg 2024 SubLV41 Pledge Member Join Date: Jun 2013 Real Name: nicholas Location: ottawa canada Watch: Rolex,AP,Panerai Posts: 10,364	Holy cheap. Grab it

28 October 2018, 09:17 PM	#8
faimag "TRF" Member Join Date: Feb 2016 Location: US, SG, DK, GR Watch: Reverso Posts: 3,089	Don't know if that's too good to be true, but chrono24 asking prices are somewhat higher than "norm". (if there were such a thing)

28 October 2018, 09:18 PM	#9
rambo99 Banned Join Date: Aug 2018 Location: Tokyo Watch: SD43,PAM1616,Hulk Posts: 3,567	may be someone need cash desperately amid the recent stock market crash?

28 October 2018, 09:24 PM	#10
peterpl Banned Join Date: Aug 2012 Location: . Posts: 6,692	A 2018 116718LN for that price? I'd be inclined to go take a look and meet at RSC to verify its not reported stolen and its 100% legit. If it all checks out buy it. Quite possible someone is in desperate need of cash.

28 October 2018, 10:39 PM	#11
DP63 "TRF" Member Join Date: Jun 2018 Real Name: DP Location: Scotland Watch: 18078 Posts: 795	Whats the trade in value for the watch? The selling price on watch sites is one thing, but its what is offered for an outright purchase, or trade in is the number I'd take in to account. If the seller NEEDS cash, then is £10k what he is being offered from a store? or less? If he needs cash, he is not looking to buy another watch, so the trade buy in price will be less than a trade "up" price .... I hope that makes sense. There must be more to the story to work on.

29 October 2018, 12:20 AM	#13
Rolex Essex "TRF" Member Join Date: Apr 2016 Location: Colchester, UK Watch: Daytona, DJ & Sub Posts: 1,612	That’s way too cheap. Better check to see if it’s genuine.

29 October 2018, 02:06 AM	#15
Cadi1 "TRF" Member Join Date: Apr 2017 Real Name: David Location: Minnesota Watch: Rolex,Panerai,UN Posts: 1,044	Sounds way too cheap.

29 October 2018, 08:00 AM	#16
Nikrnic "TRF" Member Join Date: May 2017 Real Name: Louis Nick Ric Location: Michigan, USA Watch: Blnr, Expll, Subs, Posts: 10,171	There must be a reason for such a low price. Your friend knows the seller so there should be no trust issues. The seller must be uniformed on current prices or he wants a quick sale. There is still such a thing as getting a good deal but regardless he still should have it checked out. Sent from my SM-G900V using Tapatalk

29 October 2018, 10:34 AM	#17
John DSSD "TRF" Member Join Date: Oct 2015 Location: UK Watch: Deepsea, Hulk, YM Posts: 139	Boxed and papers in his name? If not, I would avoid

30 October 2018, 05:19 AM	#20
Stalex Banned Join Date: May 2018 Location: USA, Netherland Watch: Rolex 116710 Posts: 104	Only if you are very sure, cause its too good to be true and don't be in a hurry.

30 October 2018, 05:22 AM	#21
breitlings Banned Join Date: Jul 2014 Location: Bethesda Watch: Apple TV Posts: 5,744	seems like less than a grey would buy it for. so why are they selling it and assuming the risk.

30 October 2018, 05:36 AM	#22
Boaters 2024 Pledge Member Join Date: May 2015 Real Name: Mike Location: Pacific Northwest Watch: 116610LV 16710 SD Posts: 10,653	Very simple as said take it to an RSC if good buy if not walk.

30 October 2018, 05:42 AM	#23
R!$ Banned Join Date: Sep 2014 Location: SoCal Posts: 2,405	do you have pics?

30 October 2018, 05:52 AM	#24
JoeyT Banned Join Date: Feb 2015 Location: USA Posts: 221	I would be very careful at that price

30 October 2018, 06:21 AM	#25
mrk pixben Banned Join Date: May 2018 Location: USA Posts: 112	I should a bit sacred of hearing that, just be careful cause it sounds untrue.

30 October 2018, 06:35 AM	#26
jenson Banned Join Date: Sep 2016 Location: usa Posts: 99	Not sure if that would turn out well but just take a step at a time.

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