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I flipped a couple of watches over the weekend

  1. WhatYourWatchSay

    WhatYourWatchSay Jun 12, 2017

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    I found an untouched Seamaster 60 with 21 link 1069 bracelet at a pawn shop for $1600 CAD and a Seamaster 1040 176.007 with silver dial from a local seller for $1400. I sold both to a collector friend for $4000.

    It was nice--really nice--to make $1000 in three hours but it really hurt to let those watches go. I'm saving up in case something really spectacular comes along but then I wonder if that spectacular watch will ever show up and I let that Seamaster 60 go.

    A bird in the hand, and all that.
     
  2. efauser

    efauser I ♥ karma!!! Jun 12, 2017

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    What else you got?
     
  3. WhatYourWatchSay

    WhatYourWatchSay Jun 12, 2017

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    ::rimshot::
     
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  4. Rumar89

    Rumar89 Jun 12, 2017

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    Apparently I need to go pawn hunting in Canada.

    Nice finds! I don't know if I'd have been able to let the 60 go.
     
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  5. WhatYourWatchSay

    WhatYourWatchSay Jun 12, 2017

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    Honestly it was pure luck that I found the 60 and the 1040 Rumar89. I don't think something like that turns up often.

    A couple weeks back I sold a steel cased 30T2SC in very good condition and made a few hundred on the sale. For some reason that one was easy to let go even though that the exact type of watch I usually go for.

    But that 60 was tough.

    Here's a few pics of the watches.

    omega_60 001.jpg omega_60 011.jpg omega_30t2sc 005.jpg omega_30t2sc 011.jpg omega_30t2sc 001.jpg
     
  6. kkrankall

    kkrankall Jun 12, 2017

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    Yeah I don't know if I could have sold that 60. Looked to be in great condition.
     
  7. WhatYourWatchSay

    WhatYourWatchSay Jun 12, 2017

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    I convinced myself that if this one appeared than maybe something even better will show up one day. I seem to be more concerned about the hunt than the acquisition. I hope I didn't let something good go expecting to find some grail that may never show up. What makes me feel good about this is that my friend fell head over heels for the watches and I know he'll enjoy them and actually wear them.
     
  8. kkrankall

    kkrankall Jun 12, 2017

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    I do enjoy the look of the 1040 176.007 Seamaster. Great 70's funk. It doesn't get enough wrist time unfortunately.

    FullSizeRender 4.jpg
     
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  9. WhatYourWatchSay

    WhatYourWatchSay Jun 12, 2017

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    ^^^Nice!

    I love the Lemania 5100 movements and I don't think the 1040s get the respect they deserve.
     
  10. kkrankall

    kkrankall Jun 12, 2017

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    I agree. It's a super complicated movement. I wear my MKIV all the time.

    Resized_Screenshot_20170525-141041.jpg
     
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  11. Rumar89

    Rumar89 Jun 12, 2017

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    Well, now that we've got pictures I'm going to have to revise my opinion @WhatYourWatchSay. That 60 is a beaut, but it's the 302TSC that you'd have to pry from my cold dead hand. If you don't mind me asking, what did you sell it for?
     
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  12. WhatYourWatchSay

    WhatYourWatchSay Jun 12, 2017

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    :)

    I paid $250 and sold it for $650.
     
  13. Rumar89

    Rumar89 Jun 12, 2017

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    Well, I guess thank god I didn't see it! At $650 I wouldn't have said no. I admire your discipline, in that you actually sell watches, though. I can't seem to stop buying: in the last week I've picked up a Longines Chrono Stop and a Waltham Valjoux 7733. Going to have to start a 1 in 1 out policy.
     
  14. R3D9

    R3D9 Jun 12, 2017

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    The only thing I'll add is that you sold all three watches for very reasonable and repeatable prices. I suppose in retrospect you could have enjoyed them for a while and still flipped them relatively quick had your grail appeared.

    I know I would have been interested in that chrono.

    All that said, you never would have sold them if any of them really were "The One"

    Bonus karma points for making another collectors day :thumbsup:
     
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  15. WhatYourWatchSay

    WhatYourWatchSay Jun 12, 2017

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    Truthfully when it comes to pocket watches--especially fusee movements--I have to show restraint otherwise I want to buy every watch I see. With wristwatches I'm better at making a decision about whether or not to buy and flip. If I think it's going to be too hard to let something go I walk away. I can't afford to stockpile watches at this time, maybe when I win the lottery ::screwloose::
     
  16. WhatYourWatchSay

    WhatYourWatchSay Jun 12, 2017

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    I like to move watches as quickly as possible so I only buy at good prices that way I can resell at good prices.. I know people are selling the Seamster 60 for up to $4000 but that seems absurd to me.

    That's a good point about none of them being "The One", I never thought about it like that, cheers R3D9 :thumbsup:

    I know my friend will be happy with them and enjoy them. I rarely wear or carry any of my watchers and I'm not sure why.
     
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