So just walked into a local Pawn shop and they have a nice Rolex Sea Dweller in the window for £6450. No info on age, no manual, no evidence that it is legit and clean. The box is present but inside looks like a grease monkey owned in.
I offered £1500 but they declined. I left (am I getting the hang of it?).
What do you think team?
the problem was no papers, no age, nothing. I'd be concerned do they check for stolen goods?! Hmm...
I keep my papers separate from the box (and watch) as that is my only proof of ownership should they be stolen. The box and watch however are kept in the same room and I know others who keep watches in the boxes - mine live in winders or a watch box.
I was really being suggestive that they have nothing on the watch but it felt like a premium price. I'm sure they'd reach this at auction looking at similar watches but saying that more often they have papers. What do I know..
So you are ok if it is stolen as long as the price is [ridiculously] low? And where is the premium price?
Not at all but that's partly the point I was making... I'm not quite sure how you came to that conclusion
So just walked into a local Pawn shop and they have a nice Rolex Sea Dweller in the window for £6450. No info on age, no manual, no evidence that it is legit and clean. The box is present but inside looks like a grease monkey owned in.
I offered £1500 but they declined. I left (am I getting the hang of it?).
What do you think team?
@bonerp
I'm assuming this was a more contemporary Sea Dweller, like a 16600 perhaps? The only legitimate reason for offering 1500 GBP would be determined by your personal knowledge of the Reference and its current market value based on condition. Therefore an offer of 1500 might be realistic if the watch was in extremely poor condition, perhaps only a few parts salvageable. However, if the watch was in good condition and you were truly interested in purchasing it, then your negotiation amount/offer was insulting. It's never wise to be "persona non grata." If you were genuinely interested in the SD I suspect the shop owner would have removed the bracelet so you could, at the very least, see the Ref. and SN numbers.
Is spending £6450 on a Rolex SD with no history from a pawn shop sensible? I considered the price with full set about right before I went in...
