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Thread: Track The Collapsing Value Of Your Watch

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  1. #1
    Grand Master Der Amf's Avatar
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    Track The Collapsing Value Of Your Watch

    Who can achieve the greatest percentage loss between now and whenever?

    Enter your watch NOW and LOSE!

    Here's my entry. If an Omega which never succeeded as well as was hoped in the first place can't plummet, what can?


    Last edited by Der Amf; 20th March 2020 at 17:55.

  2. #2
    Master
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    If this one looses a few grand I would probably be less concerned about wearing it.


  3. #3
    Quote Originally Posted by alphajet View Post
    If this one looses a few grand I would probably be less concerned about wearing it.

    I'm hoping for a steep drop off for these so that I can get one to wear. I regret selling mine, of course! Thees, and 42mm Explorer IIs, please!

  4. #4
    Master ~dadam02~'s Avatar
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    I don't currently own one, but one I'm still bitter about selling before the prices went mental. I sold mine, an absolutely mint AP15300, for about £8.5k and always regretted it. Hoping to buy one back at a more reasonabow price.

    Last edited by ~dadam02~; 21st March 2020 at 08:35.

  5. #5
    Master
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    Lol. Fun thread. Chrono24?

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  6. #6
    Master murkeywaters's Avatar
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    My most expensive watch is this 64 Ed White, if it loses a few quid so be it but I think it will do better than the 2020 version.... hopefully!




  7. #7
    Master Christian's Avatar
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    First time I’ve looked at the Chrono24 collection valuation page. Ridiculous prices...suggests my modest collection is worth about 45% more than I know I could get for it.

  8. #8
    Master
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    Quote Originally Posted by murkeywaters View Post
    My most expensive watch is this 64 Ed White, if it loses a few quid so be it but I think it will do better than the 2020 version.... hopefully!



    Can't see the new version flying off the shelves now.

  9. #9
    Grand Master Mr Curta's Avatar
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    Nominate Tintin as it's my watch thats worth the most, although I don't think that it will be in the same league as many.




    I bought it for less than retail back when they were unloved, and have no intention to sell.

    Don't just do something, sit there. - TNH

  10. #10
    Grand Master Mr Curta's Avatar
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    Quote Originally Posted by Mr Curta View Post
    Nominate Tintin as it's my watch thats worth the most, although I don't think that it will be in the same league as many.



    I bought it for less than retail back when they were unloved, and have no intention to sell.
    One year on and it's not going so well.

    Don't just do something, sit there. - TNH

  11. #11
    Quote Originally Posted by Mr Curta View Post
    One year on and it's not going so well.

    That is bonkers.


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  12. #12
    Grand Master Mr Curta's Avatar
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    Quote Originally Posted by crazyp View Post
    That is bonkers.
    Isn't it just. It isn't something that I've been keeping an eye on but I stumbled across an article on Fratello and it reminded me of this thread.

    https://www.fratellowatches.com/why-...-431-in-value/
    Don't just do something, sit there. - TNH

  13. #13
    What goes up ...

  14. #14
    Master
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    Track The Collapsing Value Of Your Watch

    My Hulk going to get SMASH. But not selling anyway, love this green monster.





  15. #15
    Master
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    I don't have one but reckon the Omega Snoopy watch will take a bath of epic proportions.

  16. #16
    Grand Master Wallasey Runner's Avatar
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    Quote Originally Posted by Hood View Post
    I don't have one but reckon the Omega Snoopy watch will take a bath of epic proportions.
    Those went over £20k at one point, for a £4.6k watch.

  17. #17
    Grand Master Der Amf's Avatar
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    Quote Originally Posted by Hood View Post
    I don't have one but reckon the Omega Snoopy watch will take a bath of epic proportions.
    There are other threads for discussing this. Join in properly, or toddle off to them, yesss?

  18. #18
    Grand Master RustyBin5's Avatar
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    I’d say one that’s currently trading above rrp so I’ll go for the Harrods black bay

  19. #19
    Grand Master Der Amf's Avatar
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    Quote Originally Posted by RustyBin5 View Post
    I’d say one that’s currently trading above rrp so I’ll go for the Harrods black bay
    What's the current range of prices?

  20. #20
    Grand Master RustyBin5's Avatar
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    Track The Collapsing Value Of Your Watch

    Quote Originally Posted by Der Amf View Post
    What's the current range of prices?
    I’m not quite at PC and can’t see it on phone browser

    Last edited by RustyBin5; 20th March 2020 at 19:46.

  21. #21

    Watchfinder 20 percent less on offer than 4 months ago

    In demand sports model, offer me 20 percent less today, from November 2019.

    Yes they might be making lower offers to buy stock as people need to raise money, but belive you me it's a warning on prices on all watches.

  22. #22
    Master
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    Track The Collapsing Value Of Your Watch

    Quote Originally Posted by MICHAELHS View Post
    In demand sports model, offer me 20 percent less today, from November 2019.

    Yes they might be making lower offers to buy stock as people need to raise money, but belive you me it's a warning on prices on all watches.
    There’s plenty of threads for this already, this is another thread about posting a watch you own and tracking it

    Hoping this thread doesn’t get overrun by noTaglove and the like

    Sent from my iPhone using Tapatalk
    Last edited by ac11111; 20th March 2020 at 20:21.

  23. #23
    Grand Master Mr Curta's Avatar
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    It's a bit of fun, chillax
    Don't just do something, sit there. - TNH

  24. #24
    Grand Master RustyBin5's Avatar
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    Quote Originally Posted by RustyBin5 View Post
    I’d say one that’s currently trading above rrp so I’ll go for the Harrods black bay

  25. #25
    Master
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    Can only enter watch model that you own?

  26. #26
    Grand Master Der Amf's Avatar
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    Quote Originally Posted by ac11111 View Post
    Can only enter watch model that you own?
    Very definitely

  27. #27
    Grand Master Mr Curta's Avatar
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    The average asking price for Tintins has gone up, probably an exchange rate thing.
    Don't just do something, sit there. - TNH

  28. #28
    Grand Master Der Amf's Avatar
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    Actually looking at all the UK adverts and not just pressing the giz a value button is both more enjoyable and less confusing.

  29. #29
    Master aldfort's Avatar
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    Not sure of the point of this thread.

    (1) It seems to duplicate several others on the site.
    (2) It seems to be for those who might hope to scoop a "grail" watch cheap.
    (3) It fails to understand that something has a value only if you chose to sell it. ... and who sells into a buyers market if they don't have to?

  30. #30
    Grand Master RustyBin5's Avatar
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    Quote Originally Posted by aldfort View Post
    Not sure of the point of this thread.

    (1) It seems to duplicate several others on the site.
    (2) It seems to be for those who might hope to scoop a "grail" watch cheap.
    (3) It fails to understand that something has a value only if you chose to sell it. ... and who sells into a buyers market if they don't have to?
    Re (3) - But lots are currently having to

  31. #31
    Grand Master Der Amf's Avatar
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    Quote Originally Posted by aldfort View Post
    Not sure of the point of this thread.
    Just read the title.

  32. #32
    Craftsman
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    Chrono24 is prices in dollars and then converts, I’m 15% up, as a result of the £ tanking against the $

    My Tudor Black Bay 558 is apparently 51% up on purchase price yet I couldn’t shift it for under RRP on here!!


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  33. #33
    Craftsman petay993's Avatar
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    Quote Originally Posted by peterdo View Post
    Chrono24 is prices in dollars and then converts, I’m 15% up, as a result of the £ tanking against the $

    My Tudor Black Bay 558 is apparently 51% up on purchase price yet I couldn’t shift it for under RRP on here!!


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    For SC prices you need to apply a correction factor to Chrono 24

    I just divide by 2!!

  34. #34
    Grand Master Andyg's Avatar
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    The resale value of anything is dependant upon what someone is prepared to pay for it, hence C24, EBay, etc are for guidance only.

    However just for fun, my last watch purchase was a mint, full set, one original owner (a friend) 16700, I paid £6250. I would estimate its value to be around £9000.

    Whoever does not know how to hit the nail on the head should be asked not to hit it at all.
    Friedrich Nietzsche


  35. #35
    Grand Master Der Amf's Avatar
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    Quote Originally Posted by Andyg View Post
    The resale value of anything is dependant upon what someone is prepared to pay for it, hence C24, EBay, etc are for guidance only.
    As long as we're comparing like with like, then the percentage change will be vaguely accurate.

  36. #36
    Master
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    Okay
    Rolex 5513-preowned
    Chrono 24 gives current market value at £11,373
    I paid £15,500
    That should give me a good head start on most.

  37. #37
    Quote Originally Posted by Hood View Post
    Okay
    Rolex 5513-preowned
    Chrono 24 gives current market value at £11,373
    I paid £15,500
    That should give me a good head start on most.
    In fairness Hood, your example is particularly lovely! I also think the WG surround versions are included with this estimate which skews it somewhat.

  38. #38
    Craftsman
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    Aren’t C24’s valuations all about getting you to put your watch up for sale in their website, so the prices are inflated a bit to encourage you to list, but then take an offer that’s closer to the right price if a buyer pops up?


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  39. #39
    Quote Originally Posted by benwisback View Post
    Aren’t C24’s valuations all about getting you to put your watch up for sale in their website, so the prices are inflated a bit to encourage you to list, but then take an offer that’s closer to the right price if a buyer pops up?


    Sent from my iPhone using TZ-UK mobile app
    Could be, but as you are only tracking the price it doesn’t really matter - it will still show a trend up or down.
    It's just a matter of time...

  40. #40
    Master
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    Pretty happy with this valuation, and soon to appear on SC a lot lower than this...

  41. #41
    Master sweets's Avatar
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    Mad app that is.
    It values my Snowflake at between £9k and £19k
    I know value of these is subject to a lot, but that is a huge difference, and all of that range at an unrealistic end of the scale.

  42. #42
    This thread isn't complete without a Daytona .

    But let's ignore the ceramic, we'll take my white dial 116520. A comparable watch on WatchFinder, £17950. I picked mine up 4 years ago(?) for under £7k.....

    Edit to add - chrono24 place the mid range at £16k. Am sure as mentioned there some dollar effect in that.
    Last edited by crazyp; 20th March 2020 at 23:44.

  43. #43
    Craftsman
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    Im not sure whether to trust these watch value apps. Mines is suggesting an increase in value of double the profit compared to a month ago.


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  44. #44
    Craftsman
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    Trust

    Quote Originally Posted by Seadweller75 View Post
    Im not sure whether to trust these watch value apps. Mines is suggesting an increase in value of double the profit compared to a month ago.


    Sent from my iPhone using Tapatalk
    TRUST.

    Going by some of the figures being quoted, I would say probably Not.

  45. #45
    Journeyman
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    For what I paid for my Rolex Submariner 116610LN, I know I’m still well in profit. However I do not intend to sell it, it is a keeper and I love it. It ain’t for flipping, so I really don’t care if the price goes down!


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  46. #46
    Grand Master abraxas's Avatar
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    Use watchrecon too. It's more... realistic.

    https://www.watchrecon.com/

  47. #47
    Master Pitch3110's Avatar
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    Only relevant and point of sale, I hopefully won’t be selling any of mine anytime soon, but with a two grand 14060, three and a half grand 16710 and an absolute original 1970 5513 at six grand I think I will be fine.

  48. #48
    Master
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    Quote Originally Posted by Pitch3110 View Post
    Only relevant and point of sale, I hopefully won’t be selling any of mine anytime soon, but with a two grand 14060, three and a half grand 16710 and an absolute original 1970 5513 at six grand I think I will be fine.
    Cool story bro

  49. #49
    Journeyman
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    Quote Originally Posted by Hood View Post
    Cool story bro



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  50. #50
    Master Pitch3110's Avatar
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    Quote Originally Posted by Hood View Post
    Cool story bro
    They will even out the over RRP Hulk though LOL. Win some lose some. The other ceramic’s will be marginally okay but it’s a hobby after all which gives me a huge amount of enjoyment.

    I find it confusing why folk also seem to find ‘enjoyment’ seeing prices drop to poke at those who have purchased the certain brand. This whole COVID-19 will hopefully be the reset needed. #BeKind

    Pitch

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