Where to sell my Rolex watches

[ysosrs08]

True that to TS. More dollars lost at the expense of convenience. Not getting any easier selling off real pieces with replicas and counterfeits being paraded freely these days.

[effendy131]

Both either 2nd hand dealer or online. Depends on whoever give higher quote.

[Smith]

For me I am ok with grey dealers.. as long as they have a good clean reputation.

[durhambaby]

are you all really comfortable to buy expensive what from grey dealers? i rather buy from AD...

[irjasy]

Salute for all the Hard work u did TS. I'm a lazy buyer / seller but I too have realised tt I'm losing out a lot tru them. Shall do some work on my end too. Anyways great job on ur buys n sales !!!!

[Alvinsoo83]

I guess SRC, other forums or even carousell is a better platform to cut losses as compared to selling it to watch dealers. That's if u are not in a hurry to sell it off for another one. Dealers undercut at least 20% to about 30% off from current avg resale value.

[njchay1981]

Anywhere but HJ Watch!

'cause Russel knows his stuff very well, his knowledge will overpower your "ideal selling price"!!

[Donald83]

But there are also many counterfeits around. So there tend to be skepticsm when buying online and used

[Cloud7]

so SRC is the best place to sell/buy pre-owned watches!

[jaskiratsgill]

I understand why the moderator wants to do by implementing the 10 post rule - keep the spammers out, but also do feel that 10 is a high number - Agree with you.

Yes posting reply here to up the 10 post prereq. 1 down

[jaskiratsgill]

Thank you for your informative post

Thank you for your detailed and informative post, found it very helpful and relevant since I am new to this because I have a Rolex Cellini that I intend to put up on sale soon. I too have been to some shops locally here and found their offers so ridiculous that for a moment it was even offensive.

So will be trying my luck here... and then lets see.

Best.

Recently i wanted to sell a few of my watches to upgrade to a AP bumblebee, a Patek 5712/1A and Rolex WG 116509 black.

For sale was a Pam311, Pam292, Pam 118, Patek 5167/1A and a AP Volcano, Rolex 116519. Total my cost estimated for all 6 watches were around $95k.

So with this lot i checked with few 2nd dealers shops. I was quoted in average....
Pam311....$18k
Pam118....$5.5k
Pam292....$8k
Patek 5167...$18K
Rolex 116519...$14.5k
Ap Volcano...$16k
Total $80k
A TOTAL loss of abt $15k

After consideration decided to sell here in this forum, going thru the hassle of taking photographs, postings, entertaining calls from genuine buyers, lowballers and enquiries calls at the wee hours.
Though is tiring, answering in the middle of the night and then meeting viewers in North south east west of Singapore, i sold 5 of my watches.

Pam311....$19.2k thks to 2 bros from Indon
Pam118....$6.3k thks 2 bro from indon
Pam292....$8.5k thks bro M
Patek.......Still pending at $19.3k
Rolex.......$16.5k thks bro E
Ap volcano....$19.2k thks bro D
Total got back $89k
Total loss of $6k

As compared to $15k loss i cut down to $6k. I was sad for losing $6000 but yet happy i saved $9000 posting and seling on my own.
It was real troublesome but it was fun and exciting at the same time. Getting to meet buyers and viewers, discussing on watches, making more like minded friends here who are like me crazy abt watches.


I went down to Sincere, Cortina and Hourglass preparing with cash to buy my dream watches, almost all told me no stocks and no discount, if have also retail price.

Went down again to preowned shops to check, was quoted Rolex 116509 for $26.5k preowned, PP $39k preowned and bumblebee $31.8k new. Not comfortable as i feel is above market prices.
Managed to get some offers in the end from some genuine sellers here after seeing my WTB watches,
so bought the AP at ....$30.5k bnib G series
Rolex 116509 D series...$25.5k
I have another savings of $2300.

Of course buying from the net have another hassle too, i had to go down Rolex centre and then AP centre to verify the watches.

All verified 100% authentic

Posting this topic is not to offend anyone and shops dealers, is just my true real life experience, i can understand your profit margins have to be high, you have rents to pay which easily above $10k every month, selling and buying thru shops dealers advantages are no hassle, just sell as one lot and you get cash fast, buying also less hassle with shops normally give you 3 to 6 months in house shop warranty. Any problem with the authentication you can just go back to the shops.

Posting here in SG-ROC selling and buying on your own is off course more troublesome and risk is alw there, so need to be careful and you save lots of money.

Conclusion, i just want to say thank you SG-ROC for this website, i have just saved a total of $9000 plus $2300 = $11300 which is a lot of money, along the way made some nice friends from this forum and many are real gentlemen

[ctg123sg]

Yes posting reply here to up the 10 post prereq. 1 down

[Blue22]

My first watch sell at ( watchforum.sg)

[rightsaid]

Sian.. Why need to have 10 posts before can sell in the forum? Looking to sell 1 watch but have to go through this trouble..

[derekong]

just to add on.... I sold one of my watches to Bronze Age at Hong Lim... They do take in at reasonable prices....