ROLEX SUBMARINER 5508 HELP

Posts
18,041
Likes
27,348
I'm not an expert in these but I agree seems a tad high in this condition and I'd want better pics for a 20k outlay.
 
Posts
1,088
Likes
3,001
The $20k is his asking so I guess I can bring him down to between $16-18K.
 
Posts
886
Likes
1,032
The $20k is his asking so I guess I can bring him down to between $16-18K.

Wait till your get that puppy in your hands to evaluate...
But I agree that an adjustment is definitely needed on the price.
Good Luck!
 
Posts
511
Likes
482
Nice dial and hands but 20k for now feels pricey
 
Posts
9,596
Likes
27,688
My watch agent is also a watch dealer and his expertise is more confined to modern watches. When he encounters a vintage watch for sale, he takes photos and sends it to me. If I am interested he arranges for me to view the watch. Other than that, the sole discretion of verifying the authenticity and originality of the watch is my responsibility. This is why I seek the comment and opinion of members of the OF because I believe that there are many here who are more knowledgeable than myself. We are dealing with a lot of money here so all the help I can get from this great community is more than welcome and highly appreciated.

But... Do you SERIOUSLY believe that he doesn't take his cut??? He must love to have you as a client. Absolutely no risk involved, minimal time outlay and a nice profit 🙄

Time for you to find another "agent" and stop forwarding pictures on here.
 
Posts
886
Likes
1,032
But... Do you SERIOUSLY believe that he doesn't take his cut??? He must love to have you as a client. Absolutely no risk involved, minimal time outlay and a nice profit 🙄

Time for you to find another "agent" and stop forwarding pictures on here.

Everyone gets a cut or out to get a profit. An Agent, a word clearly lost in translation, a watchmaker, a dealer, private sellers.. Any seller on this or any other forum, Ebay, is clearly getting a cut or a profit on the sale.

Very few folks clearly do a quick flip without a profit, unless they are trying to do a quick flip to raise cash for another acquisition.

I for one would love to see more pictures on here...
 
Posts
1,088
Likes
3,001
The $20k is his asking so I guess I can bring him down to between $15-18
But... Do you SERIOUSLY believe that he doesn't take his cut??? He must love to have you as a client. Absolutely no risk involved, minimal time outlay and a nice profit 🙄

Time for you to find another "agent" and stop forwarding pictures on here.

Everyone is entitled to their own opinion. I for one does not consider myself an expert so what is wrong if I send pictures of a watch offered to me and seek the advise of members from this great forum?

Likewise, Ttg is absolutely right in saying that my agent makes a profit from the watches He finds that I eventually buy and I am fine with that. I get what I want and the agent gets his commission for services rendered.
 
Posts
9,596
Likes
27,688
The $20k is his asking so I guess I can bring him down to between $15-18


Everyone is entitled to their own opinion. I for one does not consider myself an expert so what is wrong if I send pictures of a watch offered to me and seek the advise of members from this great forum?

Likewise, Ttg is absolutely right in saying that my agent makes a profit from the watches He finds that I eventually buy and I am fine with that. I get what I want and the agent gets his commission for services rendered.

Fine, how about paying something to this site as well, since all your transactions have to be vetted here first?

Everyone gets a cut or out to get a profit. An Agent, a word clearly lost in translation, a watchmaker, a dealer, private sellers.. Any seller on this or any other forum, Ebay, is clearly getting a cut or a profit on the sale.

I know what an agent is - but why does he do such crap work for @erpin9 ? Why doesn't he take any responsibilty? Why only one lousy image for him (or us, I guess) to decide from??

I just can't fathom why someone would ever want to pay money for that sort of non-service. Why?!? Isn't this THE main part about buying from a trader - that there is some sort of comeback in case of misrepresentation or otherwise? That you are reasonably safe when buying through one?
 
Posts
886
Likes
1,032
Fine, how about paying something to this site as well, since all your transactions have to be vetted here first?



I know what an agent is - but why does he do such crap work for @erpin9 ? Why doesn't he take any responsibilty? Why only one lousy image for him (or us, I guess) to decide from??

I just can't fathom why someone would ever want to pay money for that sort of non-service. Why?!? Isn't this THE main part about buying from a trader - that there is some sort of comeback in case of misrepresentation or otherwise? That you are reasonably safe when buying through one?

First, I didn't know you were a mod and spoke for this forum, i.e. requesting a payment for services. I am sure you are speaking for what "you feel" is owed to this forum. There is no requirement for such services.

This is an open forum for opinions..

At the end of the day, members come here for discussion and opinion, and this forum (and others) is not liable for such transactions.

The "vig" paid to third parites (Ebay, watchmaker, etc.) are none of this forum or your business (for that matter). People express their opinion based on their experience, etc.

If you "personally" feel a Rolex sub-forum for discussion on this Omega Forum is not a place for discussion then discuss it with a real OF mod for consideration to be removed. Otherwise, opinions are of those that respond to those threads.

The end responsibility rests with the buyer..
 
Posts
18,041
Likes
27,348
First, I didn't know you were a mod and spoke for this forum, i.e. requesting a payment for services. I am sure you are speaking for what "you feel" is owed to this forum. There is no requirement for such services.

This is an open forum for opinions..

At the end of the day, members come here for discussion and opinion, and this forum (and others) is not liable for such transactions.

The "vig" paid to third parites (Ebay, watchmaker, etc.) are none of this forum or your business (for that matter). People express their opinion based on their experience, etc.

If you "personally" feel a Rolex sub-forum for discussion on this Omega Forum is not a place for discussion then discuss it with a real OF mod for consideration to be removed. Otherwise, opinions are of those that respond to those threads.

The end responsibility rests with the buyer..

No the point is asking forum members to use more experience and knowledge then what you are supposedly paying someone for.

Honestly those are not pictures that you can make a valuation on for a 4K watch let alone a 20k watch.
Edited:
 
Posts
886
Likes
1,032
No the point is your asking forum members to use more experience and knowledge then what you are supposedly paying someone for. When you don't get an answer you like you complain. So either pay a member to vet the watch, don't complain when someone says something you don't like about the watch or price, or stop asking.

Oh, ok..
I offer myself as a free resource for information and opinion. If I have the experience, I do not mind sharing. I do not ask for compensation. I have made great friends this way...on and off forums. Everyone is entitled to their opinion and of course, their final actions..
I am sure the same happens here..
 
Posts
396
Likes
357
Fine, how about paying something to this site as well, since all your transactions have to be vetted here first?



I know what an agent is - but why does he do such crap work for @erpin9 ? Why doesn't he take any responsibilty? Why only one lousy image for him (or us, I guess) to decide from??

I just can't fathom why someone would ever want to pay money for that sort of non-service. Why?!? Isn't this THE main part about buying from a trader - that there is some sort of comeback in case of misrepresentation or otherwise? That you are reasonably safe when buying through one?

What if, as is the case here, the price is inflated?
Do you generally accept a traders price if you are unfamiliar with the reference?
All the fellow wants is a second opinion.
 
Posts
1,088
Likes
3,001
Let me put it in another perspective. My agent called about this 5508 for sale. He has seen the watch and its seems fine with him. Crystal is scratched but dial is in very good condition. The case looks unpolished with the beveled edges still visible. Bracelet is decent except for a dent in the clasp. Reference and serial between lugs are clearly visible. He has arrranged for me to see the watch next week.

Now for the Problem. iThe 5508 is a very rare beast in my country and maybe the last one offered for sale was 5 years ago so even the watch dealers here are at a loss on the price including myself. All i wanted was a second opinion because obviously the seller is basing his price on what he has seen on the internet and in my country we always buy below world market price. Likewise, please understand that we have a different way of buying and selling here which i have slready explained earlier in my thread.
 
Posts
886
Likes
1,032
Let me put it in another perspective. My agent called about this 5508 for sale. He has seen the watch and its seems fine with him. Crystal is scratched but dial is in very good condition. The case looks unpolished with the beveled edges still visible. Bracelet is decent except for a dent in the clasp. Reference and serial between lugs are clearly visible. He has arrranged for me to see the watch next week.

Now for the Problem. iThe 5508 is a very rare beast in my country and maybe the last one offered for sale was 5 years ago so even the watch dealers here are at a loss on the price including myself. All i wanted was a second opinion because obviously the seller is basing his price on what he has seen on the internet and in my country we always buy below world market price. Likewise, please understand that we have a different way of buying and selling here which i have slready explained earlier in my thread.

Most of the time, pictures do not do a watch justice. This I would call an advantage to the buyer that has some knowledge of what is being made available.

Some watches are not meant for the general consumption of collectors. We can separate collectors from the wholesale dealers that will be flipping the watch for a quick profit, or very fine time pieces that I will call "big boys toys," which will include the finest time pieces available from an era and near museum representative examples..

Continue your search and acquisitions, the best examples will always command the higher price in this great hobby of ours..
 
Posts
9,596
Likes
27,688
First, I didn't know you were a mod and spoke for this forum, i.e. requesting a payment for services.

I am sure you are speaking for what "you feel" is owed to this forum. There is no requirement for such services.

This is an open forum for opinions..

At the end of the day, members come here for discussion and opinion, and this forum (and others) is not liable for such transactions.

The "vig" paid to third parites (Ebay, watchmaker, etc.) are none of this forum or your business (for that matter). People express their opinion based on their experience, etc.

If you "personally" feel a Rolex sub-forum for discussion on this Omega Forum is not a place for discussion then discuss it with a real OF mod for consideration to be removed. Otherwise, opinions are of those that respond to those threads.

The end responsibility rests with the buyer..

Please.

Don't lecture me on how to behave and what not to post here.
Don't call me out for acting like a wannabe moderator and then act like one yourself.
Stop adding brackets to "you feel" and "personally" as if my opinion should be voiced in a different way or I should add the superflous "IMO" everytime I write here.

I don't think of myself as a particularly experienced collector or member here, but I have been around here for two years longer than you, and I feel that I have a reasonable idea of what is okay to type here and what isn't. If I am mistaken, no doubt a

real OF mod

will show me the errors of my ways.

Stop being a condescending jerk. Please.
 
Posts
886
Likes
1,032
Please.

Don't lecture me on how to behave and what not to post here.
Don't call me out for acting like a wannabe moderator and then act like one yourself.
Stop adding brackets to "you feel" and "personally" as if my opinion should be voiced in a different way or I should add the superflous "IMO" everytime I write here.

I don't think of myself as a particularly experienced collector or member here, but I have been around here for two years longer than you, and I feel that I have a reasonable idea of what is okay to type here and what isn't. If I am mistaken, no doubt a



will show me the errors of my ways.

Stop being a condescending jerk. Please.

Oh, you again...
Tell you how to act ?! Your actions speak for themselves and so does your experience, even with two years under your belt.
Condescending jerk ?! You silly man..
 
Posts
18,041
Likes
27,348
Oh, you again...
Tell you how to act ?! Your actions speak for themselves and so does your experience, even with two years under your belt.
Condescending jerk ?! You silly man..

If a vote to kick someone off the island happened today...

Chill @TTG you've come across as condescending and correcting at least 3 members here in less then 200 posts. In at least one case you appeared to be flat out wrong and gave bad info.

I'm sure that's not your goal and an issue with the medium lacking ability to convey tone. I'm sure you have a great knowledge of watches but we have yet to see it, so when you make claims that differ from people that have shared and proved knowledge it comes off poorly.

Yes @ConElPueblo was a tad strong in his note but this is not the first time a member has brought watches to us asking to backstop what is supposedly a respected dealer/broker with poor info provided. His point that a broker that is supposedly an expert and receiving a hefty fee should be doing a better job then 2 poor photos. He is 100% right in his view. Was he a bit strong sure but not out of line.

Secondly it's not your place to insult people or correct anyone's tone. My read is you inflamed the issue.
 
Posts
886
Likes
1,032
If a vote to kick someone off the island happened today...

Chill @TTG you've come across as condescending and correcting at least 3 members here in less then 200 posts. In at least one case you appeared to be flat out wrong and gave bad info.

I'm sure that's not your goal and an issue with the medium lacking ability to convey tone.

Yes @ConElPueblo was a tad strong in his note but this is not the first time a member has brought watches to us asking to backstop what is supposedly a respected dealer/broker with poor info provided. His point that a broker that is supposedly an expert and receiving a hefty fee should be doing a better job then 2 poor photos. He is 100% right in his view. Was he a bit strong sure but not out of line.

Please point out the case where I was "flat out wrong" and correcting at least 3 members (were they right?)..
Without your views of a comment, it is hard to refute your claim.
Are you also a wannabe mod?
I have not been told so by a mod. So curious about your claims?