That’s unbelievable, whatever it is you have you have it bad.
I has been said before that I do have a tendency to flip watches, not unlike a few others around these parts, but as 2017 comes to a close I thought it would be good to look back and reflect on my various activities from 1 January until now and see what's been going on.
It sounded like a good plan until I realised that in that period I have bought 42 watches and sold 40 of them. In addition a few watches bought in late 2016 were sold in early 2017, but I haven't included them, let's just stick to 'bought and flipped' within 2017. Here is a list:
Orient Mako Black x 2
Orient Mako Pepsi x 2
Orient Mako Yellow x 2
Orient Mako USA White x 2
Orient Mako USA Blue
Orient Sun and Moon
Orient Mako USA Black
Nezumi Voiture
Seiko 5 Sports Silver
Seiko 5 Sports Gold
Smiths Everest
Steinhart Vintage Red Mark 1 x 2
Omega Silver Snoopy
Rolex 14060m - 4 liner
Speedmaster 105:003-64 (Ed White)
Omega Speedmaster Co-axial Moonphase (with footprint)
Orient Mako Blue
Steinhart Pan Am GMT
PRS-50 limited edition x 2
PRS-14
PRS-50B
Hamilton Khaki
Blancpain Fifty Fathoms
Steinhart Ocean One Military - Mark 1 x 2
Orient Mako Orange
Rolex 14060m - 2 liner
Seiko Fifty Five Fathoms
Orient Monarch
Glycine Eugene
Rolex Daytona 16523 with Porcelain Dial
Omega Speedy Tuesday
Steinhart GMT Pepsi
Steinhart Vintage
All of the above bought and Flipped.
Rolex 5512
PRS-28 Smiths Radio Room
My collection at present.
During the year I have briefly owned some tasty watches, but this buying and selling of cheaper watches really has to stop. So what next - for once I am happy with what I have and don't yet feel any urges to do anything drastic, but you never know.
So what has 2017 been like for you - quiet I hope
Ken
That’s unbelievable, whatever it is you have you have it bad.
I hate the idea of selling watches (or anything at all for that matter). I just can't be bothered with the fuss. I've a half dozen speedmasters I need to be selling, but each month goes by and they jsut sit in the box. I think that I have only sold 2 this year, an RLT 36 and a seagull 1963 42mm, and that was because they were in response to wanted threads, which reduces the effort a little bit. Might have been last year for all I recall. Do you keep a spreadsheet or something?
that is likely more watches than I will ever own, I buy very carefully and I'm always heading towards quality over quantity
Impressive, Ken! I've bought and sold a few, but I can't compete on that scale.
Do you sell for profit or because you change your mind about the watch?
It’s been a year of just thinking about what I like, as someone else mentioned selling is a lot of effort.
Not in the same league but I think....
Bought;
Scurfa Bell diver
Steinhart Ocean vintage GMT Gunter edition
Seiko Samurai blue lagoon
Tag Heuer Aquaracer quartz
PRS50LE
PRS17Q
PRS18Q
PRS14
Submariner 114060
Submariner 116610LV
Casio G shock GW M5610
Sold;
Seiko SKX 007
Omega Seamaster 2531.80
Scurfa Bell diver
Steinhart Ocean vintage GMT Gunter edition
Seiko Samurai blue lagoon
Tag Heuer Aquaracer quartz
PRS50LE
PRS17Q
PRS18Q
PRS14
Rolex Submariner 114060
Still own;
Hulk
G Shock
Sarb035
Think I've only sold one and bought 4 .
your postage costs could have bought you another couple !
Believe it or not, manual records. I worked in an accounts department for 34 years and just keep extremely detailed records of everything.
Well done you, I would love a 2018 like that.
In the past I have put specific collections together like the five Orient Makos then get bored and sell them. Quite often sales are at a small loss, but I did offset any loses this year when I shafted Watchfinder by buying their Daytona Porcelain Dial and sold it for a healthy profit because they didn't know what it was.
Last edited by Wallasey Runner; 7th December 2017 at 21:35.
The lovely Daytona you sold Is the most exciting sale of 2017 I’d imagine!
Now that's a good effort!
For me...
In:
Heuer 1163v
Philip Caribbean
Seiko 7548-7000
Heuer Calculator
Vostok 1967 Bronze
Seiko SKX007
Seiko SRPB27K1
Heuer Montreal
Heuer 2446c GMT
Out:
Seiko 6309-7040 x 9
Seiko 6309-7290
Seiko 6309-7049
Seiko 6309-bitsa x 2
Certina DS2
Close, the Speedy Tuesday was certainly the cheapest on the second list as I got that for RRP of £4.1k. On the first list it is between the Glycine and the PRS-50LE. I think both were around the £450 to £475 Mark. There is nothing on the first list over £500.
Some of the first list were very cheap, like the Seiko 5 Sports at around £100 each. Top of the league by a fair stretch is the 5512.
I joined this forum in March this year and it has resulted in a difficult year for my finances. Didn't sell anything, but almost sold my 216570. I did add to the collection;
Rolex 116710 BLNR
PAM 346
PAM 24
Blancpain fifty fathoms
Rolex 126600
Tudor BB bronze
I would like to get a PAM 587 and a SS Skydweller in 2018, but am perhaps already at saturation level.
Sent from my SM-G920F using TZ-UK mobile app
Last edited by Robsmck; 8th December 2017 at 14:09.
I can't think of any watches I've bought or sold this year. I don't think I'm trying hard enough.
"A man of little significance"
So basically, you're not interested in anything £500 to £4,000? Makes sense to me.
I've never spent more than £500. Earlier this year I was considering consolidating everything I had into either an x or a y - until I realised that there was almost no chance of my liking either of them to any greater degree than I liked the watch already sat on my wrist. Now if I had ten* grand at my disposal, that would be another matter....
*or forty, preferably
I find the prospect of selling a watch stressful but maybe once I am allowed to enter the TZ Sales Corner inner sanctum all my worries will fall away?
I'm feeling like I have enough and this year my buying has wound down rather - just Omega SM300 and Stowa Flieger B-Uhr. Sold none and am pretty content with my collection (4 Omegas, 2 JLCs, 1 Stowa, 1 Breguet, 1 Lange and Sohne): enough already, as they say!
Risk management is the simple answer to that. I came up with a theory to help with buyers remorse and flipping. When you consider buying a watch stop and think what would that sell for today if I listed it on SC.
The analogy I use is buy a Speedmaster from Goldsmiths for £3.5k and list it tomorrow on SC and you will struggle to get more than £2.6k -£2.8k for it. However, buy a Smiths Everest on SC for £170 and flip it tomorrow and you can ask the same price, just losing a few quid on postage.
I have never owned two of the more expensive watches at the same time, it is the same pot of money. I sell or trade watch A to get watch B.
Sold (4):
Orient Mako XL orange dial
CJR Airspeed Pilot
Seiko Baby Tuna
Certina DS Action Titanium
Gave away for a charity donation (1):
Armani Tank
Threw away (2):
2 x Marina Militare
Bought (3):
Doxa Sub 1500t Professional
Bulova Chronograph C ‘Stars & Stripes’
Bulova Accutron II grey Lobster
The Lobster arrived just this morning...
Net result is that I started the year with 19 watches and will end it with 15.
Simon
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Last edited by mycroft; 7th December 2017 at 23:48.
I really hate parting with anything. Once I own something I tend to become attached to it and selling anything is really hard for me. (as 'er indoors will tell anyone who will listen!)
So I think I did pretty good to part with some this year.
Sold-
L&H Commander 300
Omega Aqua Terra-25033300
Omega Seamaster Blue (1120 movt)
To be honest though it still smarts a bit to 'lose' them.
Bought: 2
Tudor Submariner
Zeno PRS4 PVD
Sold: 0
Ah it was alright.
Last edited by James_; 8th December 2017 at 02:57.
This year was a very slow watch year. Bought the black/gold Tudor Black Bay when I was in Geneva around May but that's it. Currently debating whether to start the hunt for a BLNR or perhaps pick up a nice PAM111 that i've seen in a local jewelers.
I had a plan for no purchases this year.........
Bought
Tudor Pelagos Blue
Tudor Pelagos LHD
Bremont MBIII
Bremont Supermarine S2000
Sold
Tudor Pelagos Blue
Breitling B1
Started the year with 6, will end with 8, fighting the urge of the 372 that's on SC now. Although guarantee if I throw cash at it, i will get the call from the AD about the SD50.......
Jeez Ken, my year has been a little more sedate
Breitling B01 Chronomat = out
Omega Seamaster Ceramic and Speedmaster Moonwatch = in
Sent from my iPhone using TZ-UK mobile app
Bought a PAM25 and a Rolex DSSD, sold nothing. Plan to buy a DSSD Blue in 2018 but will offload either a Sub Date 16610 or GMT Pepsi 16700 first. I can’t justify having 6 Rolexes.
Sent from my iPad using TZ-UK mobile app
I started the year not having sold a watch but that all changed .
IN
Tudor North Flag
Seiko PADI SUN065
SD4K
SD 50
Oris Big Crown 1917
OUT
Seiko Recraft
Visitor Duneshore
Breitling SOH 46
Tudor North Flag
Seiko MM 300
SD4K
Still chance for a bit more action in December.
IN
Feb - CWC G10
June - SKX009
July - CW Trident Pro 600
July - 114060
October - Speedy Tuesday
October - Animal W002
OUT
Nil
And yes the Speedy Tuesday is worn!
It’s been my worst year ever for purchases, with little flipped out. It’s only scary when I spend the time to list them!
In and still here, or expected:
Some 21 watches!
Shocking, and Ive probably missed one or two in the count :(
To think, I only really wanted to add a 5167.
There will be a lot more restraint this coming year, and I will have a think about where I’m going with this hobby. I had best intentions of buying a newer Porsche this year but some how the money dissappeared elsewhere, I wonder where it went
Last edited by Omegamanic; 8th December 2017 at 14:59.
It's just a matter of time...
Started year with no watches,
Bought:
Omega seamaster ceramic (black) new
Omega seamaster ( blue wave dial) used
Rolex blnr, new
Rolex sub , new
Seiko , new
Sold: 0
To get:
Speedy Tuesday
14060m
Tudor (H)
Of the above watches the most worn is the seamaster blue dial.
Still looking for the one watch I'm completely happy with.
Turning out to be an expensive hobby.
Last edited by Sahara; 5th May 2019 at 10:56.
Out:
Daytona 116520
Submariner 114060
In
PP 5711
PP 5167
Remain
1) PP 5711
2) PP 5167
3) Omega SPECTRE Seamaster (prob sell in 2018 to go towards Hulk / DSSD Cameron or Ceramic Daytona)
I completed my first SC sale the other day and couldn't be happier. Got to get the Railmaster and a Monaco sold though (Cheeky plug on SC haha). The proceeds will be spent in 2018 so only the BLNR came into the collection this year. Gotta be happy with that though!
So far it's only been a year of purchases. Think I'll look to start 2018 off with some flipping. Looking to consolidate and trade-up. I'm pretty indecisive but pretty amazed at the turnover rate some people have. Quickest in and out for me last year was two months but that was only as I got a great deal on a trade-up at a grey dealer
It is complete nuts. I remember one week receiving a different watch four or five days on the trot.
Luckily, the wife has got me distracted with doing up the bathroom, a complete refit in January. So until that's done I won't be buying anything else. In addition I have some wine due in soon, so will need to pay the duty and vat if I want that delivered.
very quiet year for me compared to some of these posts!
In:
JLC master control RDM
Out:
1967 rolex 1500
1950s Omega 266.
Oh and can't forget a replacement f91W!
I don’t tend to be anywhere near as prolific as some hereabouts
IN
Silver Snoopy
Speedy Tuesday
OUT
114060
Few in, few out. But 2017 is when i acquired my 'grail watch' so I'm a happy bunny.
Good luck everybody. Have a good one.
I tend not to sell. Just two flipped for me a Vostok GMT (bough 2 still have one) and a Speedy Tuesday bought and sold.
That is a huge a mount of churn! As long as you're being sensible with your deals then it's a pretty foolproof way to manufacture plenty of excitement with so many incoming models.
In
2017 Ceramic Rolex Sub
1993 GMT 16700
Out
Nil.
Whoever does not know how to hit the nail on the head should be asked not to hit it at all.
Friedrich Nietzsche