Flipping watches, the new classic car scene for PH'rs?

[LaurasOtherHalf]

I don't necessarily mean getting on a waiting list for the new sports model rolex but...

A few years ago I used to enjoy buying, using and selling some young timer classics-aircooled 911s, CSL etc but since the market exploded and, if I'm honest finding myself off the merry go round for a few years I can now only sulk at the sums involved in this fine hobby.

I have however bought a couple of nice watches cheaply in the past couple of years I'm starting to wonder at getting into flipping watches. Not for any serious gains but more for the enjoyment of owning a few nice pieces.

A bit like with old cars, if you can spot a trend developing you can (hopefully) purchase cheap on the second hand market after enjoying a period of research and making offers, enjoy the piece for 6 months or so and shift on to make enough modest gains to jump up the next rung of the ladder. Maybe?!

The buy in price isn't rediculous for say, three nice pieces and as a hobby there must be worse ones. Does anyone else do this? Ideas on where best to sell as a private individual?

[LaurasOtherHalf]

subsea99 said:

I tend to buy them and with that intention but dont want to part with them once i have them

This could be a problem, having purchased a Sea Dweller 16600 with intentions to flip for profit, I'm now totally smitten with the watch!

[LaurasOtherHalf]

HotJambalaya said:

subsea99 said:

I have my name down for the 50th anniversary Seadweller as i think thats only going to go one way.

Is there any news on this yet?

I don't think it will be as expected, a vintage style Sea Dweller. They might do a different coloured dial for the anniversary or maybe even a dial, bezel colour combo like the Submariner Kermit/Hulk. Green maybe?