Hi all,

I'm looking into a 232.30.42.21.01.003 Omega Seamaster Planet Ocean 42mm 600mm. "Excellent Condition". Purchased through AD in 2015. Seller says the crystal and bezel is scratch free. Bracelet and clasp excellent condition. Comes with original Omega box, warranty card and proof of purchase. Selling for $2900.

Will meet face-to-face. No Paypal accepted. I've never bought/sold anything more expensive than a coffeemaker like this before.

Should I be wary?

 

compared to Chrono24.de your price sounds quite good.... may be to good to be true? I am not in the market to give a reliable answer.

If I would have to decide wether or not buying it, I need to make my decision before meeting up. Try to check wether it is real or not.
Maybe you post some pics of your future watch so that the pros might give you a go or not.
Talking of me I would do so. Buying watches is always an exiting project that might make you blind.

regards

Jens

 

Typically we would love to see pictures of the item so we can advice accordingly. I would recommend you ask the seller for refferenes and pictures. We will be happy to help out assess the piece. That said, if one accepts authenticity then the 2015, 8500 cal PO is a good buy. I personally prefer the 2500 cal but with this one you get the ceramic bezel that is so in vogue...

In any event If you can make sure you can return if not authentic and find a way to authenticate it. Don't know where you're at georgraphically but many watchmakers will assess for a small fee.

Price is ok. Not great, not bad, ....if it's box, papers, signed warranty card and a good version of it then it's ok if you love it but you can get 2500's brand new at gray market for about 3500 to 4000. so it would be about right on the sense of a second hand being 20 to 30% bellow that. Just make a good google search for the item and judge accordingly.

Bare in mind that a hand to hand transaction is completely uninsured and not secure unless you know the seller well or he/she has great references. Meet at the lobby of your bank branch or a public cafe where he cannot run out with your money (it does happen)

Good Luck

 

Have you checked passed sale listings on the bay, WatchRecon and the forums? It's a good start to see how good of a deal it is and if it's too good to be true. Agree with the above comments as well.

 

Be aware these have been faked to a high level. We really need pictures.

 

I'd be very, very careful about doing a deal face to face without due diligence, both on the watch and buyer.

 

This ^

I too would not consider any PO if it's not the 2500 caliber. I have the 42mm PO caliber 2500D and if you were to do a straight trade with me for a the new 8500 cal I would pass.

 

Why do you guys prefer the 2500 cal over the newer 8500?

 

Thanks everyone so much for the help!
Price is now $2800. He is "selling to help pay for a Rolex". I'm a bit wary because he is selling less than all the on-line dealers. I called a Rolex watch appraisal in town, and he said he wouldn't pay more than $2500 for a 2+year old PO.

I find this odd, because one can not buy one for under $3000 online from by brief search. Here are the pic's

Will hope to meet either at an appraiser or bank. Hope to get written contract signed by him. He's not a watch dealer, and has no references. He just wants to sell this PO and take case to buy Rolex.

 

Any dealer will need to purchase the watch for less than they plan to sell it for. Otherwise, it’s not worth their time unless the seller of the watch is also purchasing a new watch from that same dealer. That’s why a dealer will need to pay less than what you are seeing used PO’s for online. To me, it sounds like this particular seller just wants to get rid of the watch to help fund his Rolex obsession. He’s undercutting the used online market to sell it quickly. Good luck with the transaction and wear it in good health knowing that you got a deal on a great time piece.

 

From those pictures this looks like a legit PO 8500. I would like to see a direct shot of the back of the watch to be sure though.

 

2500 vs 8500

Mostly the thinner case is what people like.

 

The 42mm PO (2201.50) is by far the most balanced and beautiful PO ever made, arguably diver watch ever made IMO. The thickness of the new 8500 PO just kills it for me, I mean have you seen those things?

And the fact that the 2500 cal is selling used for the same price range as some 8500 cal POs is a testimony to the flop of the design of the newer models.

 

Just buy mine on watchrecon w the new upgraded clasp w on the fly micro adjustment

 

Thinner case and aluminum bezel

 

So I've done quite a bit of searching online. I have yet to find a better deal than the above PO 8500 for under $2800. This is still under original warranty. Will go to a local appraiser to verify its authenticity

To those of you who have transacted CASH ONLY, is it reasonable to have seller sign a contract of good faith? It appears to me that the seller should discount the watch significantly to mitigate the risk of a cash only transaction

 

Wish full thinking. Bank transfer is seemless and traceable, minimal costs.

 

So the deal is done, and I am quite happy!
$2700 cash!
The seller paid $5322 at Jared 23 months ago. Looks like it just came out of AD display case.
I had it Authenticated at trusted local Watch Appraisal store.


I still do not understand why people buy these luxury items new, seek only 5% discount from AD, wear them briefly, and take a 50% (Fifty!) loss on depreciation.

I feel like I won the lottery. Love this much more than Speedy Pro I saw in store

 

You've bagged an absolutely unbelievable bargain there. Nice one!

 

Thanks! It is interesting because I went to a few online dealers today to verify.... and they offered $1600 to buy the watch (due to a $400 servicing fee).

The watch pricing industry is very confusing to me

FOR BUYERS:
$6300 MSRP new at AD
$3500 gray market new
$3200 used, private seller with warranty

FOR Sellers:
$ 1600, to online brokers

So, this watch is worth anywhere between $1600-3200???