Omega Speedmaster hard to sell - why ?

Omega Speedmaster hard to sell - why ?

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Discussion

halfpenny43

Original Poster:

1,018 posts

237 months

Friday 27th August 2010
quotequote all
I am in the process of selling my 4 month old Speedy Pro - cannot live without a date.

I have tried a couple of watch dealers both in the UK and NL (I live in the Netherlands) and 2 specific dealers of second hand watches, one in each Country, where I was trying to trade in the Omega against a Tag Monaco, have said "no deal" and cited that Omega as a manual wind watch and non-mineral glass has limited appeal and therefore harder for them to sell.

Has anyone else experienced similar issues trying to sell a Speedmaster Pro ??

Ikemi

8,449 posts

206 months

Friday 27th August 2010
quotequote all
Have you tried selling via the PH classifieds section? The Speedmaster is a popular watch and I'm sure it'll sell quite quickly at the right price! smile You'll be able to obtain a better price through a private sale in comparison to selling via a mainstream watch dealer e.g. Watches of Switzerland ...

I've sold two watches via PH and both went within a few days thumbup


halfpenny43

Original Poster:

1,018 posts

237 months

Friday 27th August 2010
quotequote all
Ikemi said:
Have you tried selling via the PH classifieds section? The Speedmaster is a popular watch and I'm sure it'll sell quite quickly at the right price! smile You'll be able to obtain a better price through a private sale in comparison to selling via a mainstream watch dealer e.g. Watches of Switzerland ...

I've sold two watches via PH and both went within a few days thumbup
Without advertising - yes I posted it on PH Classifieds. I'll have to drop the price and try again.

I guess it's a bit like selling a car - better private than through a dealer, but I was trying to trade-in.

andy_s

19,413 posts

260 months

Friday 27th August 2010
quotequote all
The features that may not appeal to a broad range of people (and therefore put the dealers off) may appeal to the more 'watch-minded'.
I'd say TZ-UK but a) You need 1000 posts or whatever it is now and b. things are a bit quiet there anyway (from what I can tell).
Maybe somewhere like watchuseek or another more Omega related forum?

ShadownINja

76,470 posts

283 months

Friday 27th August 2010
quotequote all
You mean it's not one of those clever, modern quartz watches? Pfff. Give ya £200 for it since you're a PHer. wink

HarryW

15,158 posts

270 months

Friday 27th August 2010
quotequote all
halfpenny43 said:
Ikemi said:
Have you tried selling via the PH classifieds section? The Speedmaster is a popular watch and I'm sure it'll sell quite quickly at the right price! smile You'll be able to obtain a better price through a private sale in comparison to selling via a mainstream watch dealer e.g. Watches of Switzerland ...

I've sold two watches via PH and both went within a few days thumbup
Without advertising - yes I posted it on PH Classifieds. I'll have to drop the price and try again.

I guess it's a bit like selling a car - better private than through a dealer, but I was trying to trade-in.
Lovely watch, I'll get one one day it's on my list of watches to have.
imho problems are it's advertised at £95 less than a 'real' 1969 version just sold in the classifieds and is about the price you can pick them up new with a not to difficult to source 25% below list discount. Out of interest what trade in figure are you being offered.

halfpenny43

Original Poster:

1,018 posts

237 months

Friday 27th August 2010
quotequote all
HarryW said:
halfpenny43 said:
Ikemi said:
Have you tried selling via the PH classifieds section? The Speedmaster is a popular watch and I'm sure it'll sell quite quickly at the right price! smile You'll be able to obtain a better price through a private sale in comparison to selling via a mainstream watch dealer e.g. Watches of Switzerland ...

I've sold two watches via PH and both went within a few days thumbup
Without advertising - yes I posted it on PH Classifieds. I'll have to drop the price and try again.

I guess it's a bit like selling a car - better private than through a dealer, but I was trying to trade-in.
Lovely watch, I'll get one one day it's on my list of watches to have.
imho problems are it's advertised at £95 less than a 'real' 1969 version just sold in the classifieds and is about the price you can pick them up new with a not to difficult to source 25% below list discount. Out of interest what trade in figure are you being offered.
One place offered me EUR1k and another EUR1.2k so less than GBP1k for a 4 month old watch. I am not happy to let it go for that.

halfpenny43

Original Poster:

1,018 posts

237 months

Friday 27th August 2010
quotequote all
ShadownINja said:
You mean it's not one of those clever, modern quartz watches? Pfff. Give ya £200 for it since you're a PHer. wink
Cheers Ninja - I'll let you know biggrin

Ikemi

8,449 posts

206 months

Friday 27th August 2010
quotequote all
I guess a lot of people have shelled out on holidays over the Summer months and cannot afford £1.5K for a watch at the moment ... How long has it been advertised on PH for? I'd wait a few more weeks and see if there is any interest smile

Alternatively, can you not keep it and use your phone/computer to check the date wink Isn't RRP on this watch £2310.00? £1.5K for 4 months seems like a good deal!

Edited by Ikemi on Friday 27th August 20:49

Dr G

15,223 posts

243 months

Sunday 29th August 2010
quotequote all
andy_s said:
The features that may not appeal to a broad range of people (and therefore put the dealers off) may appeal to the more 'watch-minded'.
I'd say TZ-UK but a) You need 1000 posts or whatever it is now and b. things are a bit quiet there anyway (from what I can tell).
Maybe somewhere like watchuseek or another more Omega related forum?
TZ-UK sales corner in my experience is very good, unless something is particularly undesirable - if it's well photographed, described and priced it will sell very quickly.

As with cars though an owner will often over-estimate a market value (I'm not piking nay fingers, in this case I have no idea what the market value is).

LukeBird

17,170 posts

210 months

Sunday 29th August 2010
quotequote all
^^
I'd normally agree, but I'm with Andy on this, it's been very quiet recently.
I really struggled to sell two well priced watches with decent photos and good descriptions.
Yet some oaf posts up a 'TZ' watch with crappy pics and no description and it sells in about 3 secs! wink

iAlex

17,000 posts

196 months

Sunday 29th August 2010
quotequote all
Steven, can't email you through your profile, could you drop me an email - I have an idea for you...

halfpenny43

Original Poster:

1,018 posts

237 months

Sunday 29th August 2010
quotequote all
ikemi - it's been on for 3 or 4 weeks or so. Maybe the holiday time is the problem.

I have tried to register on TZ-UK but have not yet received a mail confirming membership.

iAlex - you have mail