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How To Trade Watches Versus Buying Them

How To Trade Watches Versus Buying Them Watch Buying

If you are a serious watch collector, then at some point, you'll be faced with the ability to trade versus buying or selling watches in your collection. Trading watches will appeal to owners who wish to exchange a current watch for a desired watch. As an alternative to the buy/sell cycle and rental schemes, trading watches will interest those who prefer to experience variety, while owning their watches and working within a limited budget. The idea of trading is familiar to those who may have swapped baseball cards, comics, or coins; convert what you have into what you want. As the luxury watch hobby expands into the mainstream of popular culture, many owners are beginning to explore the potential of the “watch trade” concept. Before testing the waters, trade-seekers can empower themselves and maximize enjoyment by acting with facts in hand.

How To Trade Watches Versus Buying Them Watch Buying

The Yardstick: Factors to Consider Before Trading

Whichever trade type an owner decides to pursue, it is important to keep three core concepts in mind: value, purchasing power, and flexibility. The best trade for an individual will be the one that maximizes his ability to preserve value while providing the greatest purchasing power and flexibility in trade and payment options.

Value is a broad concept, but it boils down to the security of an owner’s investment in a watch. For example, trading ensures that an owner continues to hold a durable asset with value while renting does not. When trading, collectors always have the options to change their minds and hold the watch or to sell for cash. Renters do not.

Purchasing power concerns a trading owner’s ability to obtain more for his watch than when opting to sell. Pre-owned specialists frequently offer more value for a trade than for outright purchase of the same watch. And the purchasing power of a trade is greater due to the ability of both parties to obtain desired pieces with fewer or no income and sales tax consequences.

Finally, flexibility in selection, repayment, and holding timeframe – there’s no mandatory “return” date – affords traders far more opportunity to evaluate a watch than a rental service can economically permit. Rented watches are the proverbial carriage that turns into a pumpkin. Traders must make a larger upfront commitment to purchase a first watch, but once purchased, a watch can be converted into cash or another watch of equal value.

An overview of the modern luxury watch trade landscape reveals two main options for traders. The first is a pre-owned luxury watch specialist. This type of dealer focuses on watches that are in circulation after having been sold by an authorized (primary) dealer. Private owners represent the second option for trade-seekers. These are end-users, not dealers. Online pre-owned specialists and personal transactions between collectors offer different advantages and drawbacks. By considering each option, an owner can find the best partner for his trade.

How To Trade Watches Versus Buying Them Watch Buying

How To Trade Watches Versus Buying Them Watch Buying

Pre-Owned Dealers: Trading With a Commercial Partner

Online pre-owned watch specialists are the most available, the highest-volume, and the most straightforward trade partners for individuals seeking a swap. Many pre-owned dealers now rely upon trades for over one-third of their inventory turnover, so their business incentive to accept attractive trade offers is significant. Due to their commercial nature and large stockpiles of available watches, dealers always offer greater flexibility in payment and trade selection than private trading partners will offer.

In terms of value, traders can benefit from a dealer’s desire to deal from inventory. Trade-in value offered to an owner is likely to exceed the value of the same dealer’s outright purchase offer for an owner’s timepiece. Pulling from a dealer’s existing inventory can be the key to securing more purchasing power and receiving the greatest possible value in return. Given the chance to turn his watch into purchasing power, an owner looking to swap can receive the best return for his trade if he opts to pull from a commercial partner’s standing supply rather than request a “watch hunt.”

Pre-owned specialist dealers acquire the majority of their watches from secondary channels at wholesale cost. Having taken the first depreciation hit when it left the authorized dealer (generally, 25-50 percent), a luxury watch takes another hit when its owner sells it to a pre-owned dealer. Because dealers will offer the owner wholesale value (generally, another 25-30 percent off), the dealer’s actual cost for a watch may lie considerably below original MSRP. If a dealer purchases a year-old $8,450 Rolex GMT-Master II from its first owner for $4,250 in cash, that dealer may be willing to offer a more attractive trade proposal than the original private buyer who paid retail for the watch.

How To Trade Watches Versus Buying Them Watch Buying

Flexibility to trade up or down is an advantage of working with a pre-owned specialist. It is far easier for a dealer – which buys inventory at wholesale – to offer an attractive trade package than it is for an individual trading partner who may have paid list price. Given the fact that dealers have little emotional attachment to inventory, they can offer trading partners a more predictable market-based platform than collectors. Private trade partners often lack a broad perspective on depreciation and true market value due to sentimental factors and limited experience.

A specialist dealer with a large inventory and commercial finances can simplify asymmetrical trades such as those involving a cash component, an uneven three-for-one trade, or visa-versa. This type of trade can complicate private deals between collectors, and the challenge grows when supplemental cash is required to ensure an even trade.

How To Trade Watches Versus Buying Them Watch Buying

How To Trade Watches Versus Buying Them Watch Buying

Know Your Partner: The Background Check

Anxiety about trading with a remote commercial partner can be overcome by doing simple homework.

Preserving value and vetting a trade partner are one and the same when approaching a pre-owned specialist. As the online watch vendor community moves out of its adolescent period of the 2000s into the realm of BBB accreditation, Trustpilot ratings, and eBay feedback in the five-digit range, dealing with leading online specialists has assumed routine status for many traders. Vendors who will offer owners the most straightforward and equitable trades at fair value are the ones who already have a long track record of doing so.

Above all, trade-seekers should demand full names of references who agree to be contacted. For watch owners pursuing a trade, the references are the most important part of the research process. Recent, numerous, accessible, and satisfied trading partners are the best safeguard for an informed trade-seeker. Don’t just request a dealer’s references – contact them.

Owners shopping for a commercial trade partner should seek signs of high vendor volume, extensive history, many available and identified references, and outstanding online feedback. As recently as 2005, this type of “buying the seller/trader” wasn’t possible, but in a mature dotcom market, bad faith is difficult to bury. Examine a dealer’s eBay feedback including the content of the individual compliments and complaints. Google the dealer’s name and look for long-running threads of repetitive horror stories. Ensure that a dealer-of-interest actually maintains a corporate website beyond the eBay storefront. And never deal with a vendor who won’t put a human being on the telephone to discuss a trade.

How To Trade Watches Versus Buying Them Watch Buying

 

Make it Personal: Trading With a Private Owner

Private collectors are the alternative to pre-owned dealers. Trading watches like baseball cards is a whimsical notion, but that’s the essence of this option. Sources of partners include local watch club members, online classified listings, and web forums that can serve as a starting point for a trade. Advantages of this approach revolve around the social value of finding collectors with similar interests as well as the potential to come out “ahead” in a trade. Risks involve the challenge of verifying identities, avoiding fraud, and the obstacle of proving one’s own credentials to a skeptical partner.

It’s easy to understand the appeal of the engaging conversations and relationships that can result from mutually beneficial private trades. The idea of “swapping horses” with owners of similar interests is warmer and more personal than the commercial trade market, so private trades are appealing on an emotional level. When a trade is agreed between close friends, watch club members, and individuals in close geographic proximity, trading between private owners can be rewarding and socially engaging.

In terms of value and purchasing power, trades between individual owners offer more potential for one to “come out ahead” – without bad blood. Dealers don’t become emotionally captivated by watches, but collectors can be. A private trade partner seeking an elusive piece to complete a themed collection may be willing to take a value hit if that sacrifice secures a coveted target model. If owner “A” can offer a rare or sentimentally appealing model that partner “B” favors over his current, albeit more valuable piece, “A” can walk away with more monetary value in hand than B received. Find the ideal match, and collector trades can be mutually gratifying.

How To Trade Watches Versus Buying Them Watch Buying

However, flexibility is not a hallmark of the collector trade scene. Trades between individuals are more dependent upon finding perfect one-for-one matches than when individuals trade with dealers. Between end-users who plan to keep watches after the trade, the purchasing power of either owner’s proposed trade watch can be reduced to a go/no-go in which the match must be exact. Often, multi-watch trades and partial cash trades are out of the question, too risky, or too contentious to negotiate.

Trading with an end-user means that flexibility in selection will be limited by the willingness to trade, collection scope of each party, and access to ready partners. Whereas the largest pre-owned dealers will see 50-70 new inventory items per week (with access to more), collectors tend to rotate slowly.

Additional considerations involve agreed value, payment and shipping. While professional dealers will be familiar with routine business challenges such as transferring money, insuring shipments, dealing with international customs, function-checking a watch, and appraising the value of a trade, individual partners may have no experience in these critical tasks. Forwarding a luxury watch to a personally unknown overseas partner may be the ultimate leap of faith, and the private collector trade scene is the arena where this choice carries the greatest risk.

How To Trade Watches Versus Buying Them Watch Buying

 

Know Your Partner: Safety First

Special precautions should be taken by those determined to pursue a private trade. In general, trades with another owner should be undertaken between existing acquaintances and in person. Watch collector clubs, close friends, and regular associates are good candidate trading partners. But even trusted trading partners should be engaged to trade in public locations and, if possible, in the company of friends who know watches and can vouch for the original terms of trade should the need arise.

Selecting a public setting to conduct a trade is a simple but smart security precaution, especially when the exchange involves carrying high-value goods to and from the meeting. Bring a friend or two for good measure. Popular restaurants, social clubs, and specialized watch enthusiast meet-ups such as Red Bar are good venues. The more watch-literate witnesses on hand, the better. If one’s proposed trading partner is a sincere enthusiast acting in good faith, he should be reassured by these measures. Any reluctance to deal in person, in the company of witnesses, or in an active public location should be viewed as a serious red flag and cause to reconsider.

One’s bank can serve as an excellent setting for a private trade. In addition to the public factor, the presence of cameras, and a high physical security presence, a bank can offer immediate access to a safe deposit box where the received watch can be left secure. With his new watch in a safe, an owner can depart without carrying valuables. Although these security measures may seem excessive when the deal involves two close friends, family, or club members, there is another advantage that a bank provides: access to a notary public. When a private trade involves a cash component, a notarized promissory note is a smart precaution. While it may require a lawsuit for legal enforcement, the mere idea of a binding document witnessed by a third party should be enough to dissuade a partner from reneging on a partial cash deal. If this isn’t reasonably certain – as in trades involving a visiting foreign resident – walk away.

How To Trade Watches Versus Buying Them Watch Buying

The Jigsaw Puzzle: Other Private Trade Considerations

When pursued beyond mutually familiar individuals or over distance, trades can become very complex. In this case, common on Internet sales forums, personal character references often are necessary. More than a matter of forwarding a boss’ endorsement or a friend’s phone number, “references” in this context mean other collectors of standing in a given forum or brand community. For casual enthusiasts looking to trade a watch or first-time traders seeking a swap, the requirement to be “someone” in the eyes of an online clique can be an impassible roadblock and huge turn-off to the collecting scene.

Authentication is the final major consideration when pursuing a private trade. Between anyone but experts, fair private trades involving watches depend on the good faith of the individuals and their willingness to “show all cards” concerning originality and origin. In contrast, major pre-owned dealers with BBB standing and professional reputations are unlikely to misrepresent a watch intentionally. Also, a dealer’s experience and resources are more likely than private owner’s eyes to weed out questionable watches before they reach the trade market. When individuals trade, the entire responsibility and liability lies with the participants. Errors – even honest ones – concerning watch value and originality are more likely to occur.

How To Trade Watches Versus Buying Them Watch Buying

Be Prepared: Know Your Watch

Having examined the two main channels for trading a watch, it is important to consider final measures trade-seekers can take to arm themselves with knowledge, preserve value, maximize their purchasing power, and ensure that watch trading is a positive experience.

Beyond vetting a trade partner, an owner seeking a trade must become an expert in two watches: his own, and the one he desires. Part of preserving value is understanding it in the first place. Whether dealing with a pre-owned specialist or an individual owner, the most valuable trading chips are watches in superb cosmetic condition, functionally excellent, and complete with all factory accessories. Trade-seekers should know where they stand in each respect.

Online resources are the best destinations when researching a watch. Many dedicated collectors are available with specialized knowledge, and virtual encyclopedias have been written on the most popular models from top brands. The online marketplaces such as eBay, JamesEdition, and the watch-specific sales site Chrono24 permit trade-seekers to view many examples of a single watch reference.

By cross-checking the listings to compare accessories depicted, asking prices, and conditions of many units of the same watch, it is possible to gain a more complete understanding of one’s own watch and one’s trade target. This sets an owner on the path to a successful trade by engendering confidence and helping to envision a realistic return on the value of a trade. Comparing conditions, equipment, and prices assists in one of the most challenging tasks for a watch trader: managing expectations.

Virtually all new watches take a depreciation hit after purchase, but many owners fail to realize this until a trade negotiation is in progress. That’s too late. It is important to meet a trade partner half-way with an honest assessment of one’s own watch and a realistic expectation of trade value. Always be certain to know your watch before you trade.

How To Trade Watches Versus Buying Them Watch Buying

Watch Trading: The Bottom Line

The growth of trading continues to surge in a luxury watch sector that moves closer to the consumer mainstream each year. More watches in the hands of more collectors, the emergence of professional pre-owned specialists, and expanding online information resources are driving the trading trend. While outright sales and rentals will continue to ride the same rising tide, the value, purchasing power, and flexibility advantages of trading represent a unique “third way” for collectors with eclectic tastes. By choosing the right partner, taking simple precautions, and knowing his timepiece, an owner can open the door to this exciting branch of the modern watch hobby.

Tim Mosso is the Horology Officer and Product Specialist at watchuwant.com of Fort Lauderdale, Florida.

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  • 5803822

    Interesting article – just fail to understand the prices on watchuwant

  • srvlf

    Pretty good information although the bias is towards WatchUWant as expected.  As pointed out, trades between individuals are difficult because both parties have to have something attractive to each other at the same time.  But what they don’t mention (unless I missed it somewhere) is a two step process of an outright sale of your watch and then an outright purchase of what you want (or how most of us do it, an outright purchase and then sell to justify the purchase).  I’ve dealt with WatchUWant and they were pleasant to deal with and professional.  But because there weren’t any watches in their inventory I wanted at the time, their offer to buy was nearly $1000 less than I got later selling it through a watch forum.  I understand they are taking risk and then have to resell it, but for those who prefer to maximize value over convenience, two separate transactions works as well.

  • sueno213

    I have delt with Watchuwant even went to the event in Los Angeles.  I was disappointed, not only were their inventory of watches was below my expectations but I also brought a few high end watches (Patek 5127 and AP RO 41mm and FP Journe Tantalum Bleu, the price they offered were an insult.  It is much easier to sell on Watchuseek or PuristPro.  Even Ebay is better.  Ebay plus paypal fees is about 13%, less than the 20% WatchuWant wanted to charge.  Interesting, nonetheless

  • MarcTravis

    srvlf I know what you mean. I was considering a trade with a jeweler a month or so ago, and contacted a few jewelers who had what I wanted to trade for in stock. Frankly, I was shocked at the trade-in and sale values, so I held off. I waited a bit to see what I could get by selling mine on the open market, and got about $700 more. Then I went and bought the piece I wanted and saved a ton of cash.

  • sueno213

    sueno213 
    Hi
    Sueno213, this is Tim from watchuwant. Thank you letting me know we can
    do better- if you’d like to speak about specific improvements you’d
    like to see from our team, please call me directly this week (my office
    number is on our site), and I will do everything I can to hear your
    concerns and find solutions.

    I brought 93 watches with me to LA, and I would have loved to have brought all 200 in our inventory, but this was a prototyping year for our road events. Next year, we plan to bring more, and we will be working with our regional clients and friends to better tailor each assortment to the tastes of our guests. The events are free and fun, so we wanted to get that part of the formula nailed before getting too mired in logistics (93 watches worth $ 1 million are tough enough to securely transport).

    Regarding the market for
    the watches in questions, trade values will be lower than consignment
    values, and we do let customers request a *net* return (i.e., obtain
    their preferred price) on their watches when we arrange consignments.
    Quotes for outright trades or purchases are based on prices we’ve paid
    in the past for these pieces, so please do not take them personally –
    especially as an insult.

    I’ve been active on PuristsPro
    for years and I’m a great fan of how Thomas Mao runs that site. It’s
    true that when all goes right, a private sale can result in maximum
    gratification. It can also force the seller to limit his market to
    in-person deals for peace of mind, require sending personal bank data to
    strangers, and (this is a big one on PuristsPro) require personal
    endorsements from other forum users. Not all collectors have these
    connections or sell often enough to acquire them. People will try to
    trade fake watches, frankenwatches, damaged watches, and (sometimes due
    to product ignorance rather than malice) misrepresented watches. There
    is more exposure to these when pursuing a private transaction,
    especially when done remotely from the other party.

    By
    focusing my article on trading, I wanted to emphasize the right way to
    approach this transaction type whether you choose to trade privately or
    with a dealer. Dealer trades tend to be quick, professional, offer
    excellent selection, and are backed by expressed and implied warranties.
    Personal trades can be a great way to leverage existing social networks
    and enjoy the society of fellow enthusiasts. I’d recommend choosing
    whichever method maximizes your enjoyment of the watch hobby.

    Best,

    Tim

  • srvlf

    Hi srvlf, thanks for reading and for your kind comments about our sales team. We do offer several permutations of the sell/trade/consign jigsaw, but I wanted to focus on trading in this article for the sake of keeping it manageable. It’s true that we offer the opportunity to sell a watch on consignment and then use the proceeds toward a purchase, but this can involve a much longer timeframe than a straight trade. 

    A simple trade can move from first contact to watch-in-hand within the space of a week, but consignments followed by sales followed by purchases can dramatically extend this process.

    The argument for a straight trade is that it maximizes convenience, offers the shortest path between the outgoing and incoming watch, and helps to minimize tax complications since comparable value may be exchanged. Photographing, polishing/servicing, and marketing a watch can increase this timeframe beyond what certain collectors are inclined to accept, so we offer straight trades as a simplified option.

    Best,

    Tim

  • Evitzee

    A very long, involved article that really doesn’t advance the issue at hand: how does an owner of a watch he no longer wants/needs turn it into ca$h so he can buy something else?  I’ve never found trading to be a good option for it is rare that an owner of a $20k watch will find a suitably priced watch in the condition he wants available at the same time from a dealer that will facilitate a trade.  There are too many moving parts in the equation.  It is similar in trading cars, the best option is to sell your car privately and then apply that money to your new vehicle.  At the end of the day the best way to minimize your cost of ownership of watches is to buy at an appropriate price from the start…..and that usually does not mean a retail dealer.  Then sell it for an appropriate price, usually online to a another private buyer, then go buy your next watch.

    I follow the watches at WatchUWant, either on their site or eBay, but I see too many watches missing the paperwork which is always a warning sign that the watch has moved through a lot of hands.  The statement, “We are unable to confirm exact date of purchase as original owner misplaced Warranty Card / Certificate” is an immediate red signal to me.  A legit owner of a $100k watch that is one or two years old won’t misplace the warranty card.  A better practice would just come out and say the watch comes without paperwork or documentation and let the potential buyer make his own conclusion.

  • shinytoys

    Saved to my archives! Thanks Tim. It never hurts to have the basics covered again, and some more advanced technique as well.. Developing  a relationship with a trading partner is key, as well as knowing the market and the products that are available.

  • srvlf

    Tim Mosso srvlf As you pointed out, the primary advantage of trading with a pre-owned specialist is convenience.  It boils it down to a single transaction with essentially no risk.  Like trading vs. selling a car, what you pay for is to avoid the hassle of selling it yourself.  There’s no listing, polishing, servicing or waiting since all of this is taken care of by the pre-owned specialist that takes your watch on trade.  And this convenience cost versus selling it yourself is probably about 20-30% of the watch’s current value.

    You mention researching the values of the watch prior to selling/trading, but like selling/trading a car, I feel there is a huge problem with information available to the public.  To continue the car analogy, for my last transaction I scoured the web (cars.com, kbb.com, eBay, etc.) to find what my car was selling for and what it was worth on trade.  Private party value was about $12,000 and trade-in was about $10,000.  But when I presented it to the dealer, I was offered $8000 because they go by the “Gray Book,” not the Blue Book.  If this is true, then the only data that matters is Gray Book data to which we don’t have access.  It seems like there is a “Gray Book” for watches that we don’t have access to as well.

    So when I was trying to sell my watch, I scoured the web to find that the MSRP was $7900 (at the time) and that forum/eBay sellers were getting (not just asking) between $4500 and $5500 for pre-owned ones complete with B&P .  Based on the fact that mine was watch only (but recently fully serviced and within manufacturer’s warranty), I felt that $4000 was about right.  But the offer I got from WUW was only $2900, and I don’t think I was being unreasonable (one is for sale right now the WUW site “watch only” like mine for just over $5000 – I later sold mine privately for $3900).  I’m not trying to vilify WUW or any of the pre-owned specialists, as they meet an important need in the watch collecting community.  The success and growth of groups like WUW and C&C are evidence that the demand is clearly there.  But if you are going to trade or sell your watch to a pre-owner specialist, you might as well skip the research and the “Name Your Price” steps and go straight to “Here’s The Offer” because that’s all that matters.

  • Evitzee Hi Evitzee, thanks for reading and for your frank opinion. As a matter of fact, many collectors do buy and sell privately. As you recognized, this requires time and patience in return for a potentially higher payoff.

    It’s also a completely different proposition than trading a watch. The point of a trade is to arrange a quick and easy swap. That’s why, to extend your valid analogy regarding car sales, many still prefer to trade their old cars rather than pursue private sales, and thousands of people choose that convenience option every day. It saves time, and it reduces tax complications. Many people prefer not to entertain guests, show their wares, wait long periods, and negotiate at length if a private sale requires those measures.

    When a private sale of a watch goes off quickly, painlessly, and without a hitch, it may seem hard to believe that anyone would bother with a trade or consignment. But when a seller is forced to entertain tire-kickers for months, low-ball offers, requests to meet in uncomfortable circumstances, and field inquiries about his personal bank account data, the experience changes. If a watch sits for six months while a seller endures all of the above on a regular basis, he may not feel the potential price premium is worthwhile.

    A trade with a dealer usually doesn’t involve receiving absolute top dollar value, but it offers speed, security, and selection. When private sales drag on, attract jokers, scams, and low-balls, the value of a dealer trade becomes less a matter of absolute dollar value and more a matter of convenience. That’s what a dealer trade offers. It’s not the best of all possible worlds; it’s a solution for those whose time, attention, and yes, material resources lead them to value a seamless transaction over absolute dollar yield… just like those who choose to trade rather than personally show and sell their old cars.

    Regarding our disclosure of watch provenance, I believe we go further than any others in the segment to acknowledge up-front that our watches are pre-owned. We never – ever – call a watch “new.” That’s a function of its status within or without the confines of an authorized dealer. Only an AD can sell a “new” watch. By definition, if an unworn watch is owned by an AD then sold to watchuwant, the watch has had two owners: that’s the definition of pre-owned. No other vendor in the after market emphasizes this distinction. 

    You may find other aftermarket vendors who describe watches as “new” and simply hand buyers a blank warranty card or even describe a watch without the card as “full set.” If we don’t have that, we declare it. Many watches come to us from ADs and owners who do, in fact, not bother to keep the paperwork. Please don’t take this the wrong way – I would love to be able to detail the entire history of each watch from the time it leaves the factory, but the scope of our quality control/intake process surpasses anything from comparable vendors. 

    We concern ourselves with authenticity of each watch and its components, functional condition, and its aesthetic condition. We’ve passed on the chance to acquire many watches with “full documentation” because they proved to be counterfeits, frankenwatches, poorly maintained, or stolen. When watchuwant lists a watch on its site, that watch has passed a gauntlet of background checks and quality controls that mean enough to us that we back the final product with our name and reputation. If there’s a problem on the customer’s end, we make it right, period. 

    Best,

    Tim

  • I have been trading watches, on-line since 1997 and I disagree with this article. If you are looking for the best “value” for your pre-owned timepiece, trading privately is the way to go. Dealers may have a lot more inventory, but they are in it to make money, not to make even trades. Their prices are over-inflated and the values they assign to your watches are way below what you can get in a private trade. 

    Your greatest resource for private trades are WTT (watch to trade) ads on watchuseek.com, timezone.com, watchnet.com and a handful of others. You can either search for ads and make offers or you can post a free ad yourself listing options you would be willing to trade for. That said, be careful, ask for references and many, many pictures. Follow these guidelines and you will be successful.

    One thing to keep in mind is a FAIR trade is one that makes both parties happy. If a dealer has what you want and you are willing to sacrifice the watch you have for it, then you have made a FAIR trade. Same goes for private sales.. In all my years in the watch communities, I have done a minimum of 200 trades and this is not an exaggeration. I have even traded many watches worth more than the ones I received, but in my view they were always fair trades.

    Happy hunting!

  • Quick follow-up.

    There is a Ball DeepQuest dive watch on watchuwant.com selling for 3995$. The retail price for this watch is 4299$. You can find these pre-owned on the aforementioned websites for roughly 2200-2600$. I also just noticed that watchuwant claims “Retail price does not apply for this watch as this watch is no longer in current production”, Well, as a Ball Watch aficionado, I can assure you, it is still very much a part of their current collection. In fact, it is their top of the line (time only) dive watch.

    I do not understand hour retailers can claim such things and price pre-owned watches so high. In the age of the internet, it is so simple to just research all of this information and while we are on the subject of researching pre-owned value, have a look at watchrecon.com. You can type in any watch, from any brand and see what private collectors are selling them for. It is a very powerful tool and they even have an app for your phone!

    Your most powerful tool you have when dealing with on-line retailers is information. Make it your friend. Learn, research and then buy.

    Once again, I bid you all happy hunting!

  • watchmeshare

    Hi from Indonesia. Just want to say that i’m currently starting my own blog about watches. Truly hope one day mine would inspire lots of people, just like you inspired me with ur blog. Nice article as always, Thank you

  • Thanks a lot for pointing some of these trades that needs to be set first. Great insights from you.