What is the watch to have around £3850?

[CycleSi]

I recently had a bike accident which resulted in me smashing/losing my watch. My insurance company are paying me out £3850 to get another watch. However, I have another watch so intend buying whatever watch is popular and selling it on at a reduced price.

It has been suggested to me that an Omega Moonwatch or Seamaster or a TAG Heuer steel automatic chronograph would be the most sensible buy with the view to sell on.

Any thoughts or advice please?

[jonny70]

Have you asked the insurance company for a cash settlement?

Tags don’t have a great resale value and even with an Omega Speedmaster/Seamaster you would be looking at recouping 70% if your lucky.

What watch did you lose in your accident?

[gentlemanwatchcollector]

Take cash otherwise you will be stuck buying something new and overpriced.

[Alex L]

If it would help you I can currently buy vouchers for Ernest Jones using my corporate discounts at 15% discount for the next 4 days, before the offer returns to 8.5%.

That would lessen your loss slightly on resale.

PM me if I can help

[ReaperCushions]

Tudor Black Bay GMT? Would be best to hold value in that price bracket I would think.

[anonymous-user]

Rolex Explorer 2 16570.

[Barchettaman]

Tudor Black Bay GMT?

[KungFuPanda]

ruprechtmonkeyboy said:

Rolex Explorer 2 16570.

For £3850? I'll take two.

[Jayho]

Would it not be easier to see if anyone you know needs to buy and engagement ring or something and sell them the vouchers? Sell it to them for £100 less?

[CycleSi]

That would be ideal - it's just finding a buyer !

[Actus Reus]

Barchettaman said:

Tudor Black Bay GMT?

This, but you'll have to wait a bit.

[anonymous-user]

KungFuPanda said:

ruprechtmonkeyboy said:

Rolex Explorer 2 16570.

For £3850? I'll take two.

They hover around the 4k mark.

[dvs_dave]

Actus Reus said:

Barchettaman said:

Tudor Black Bay GMT?

This, but you'll have to wait a bit.

Plenty of used ones available right now on line with box and papers for much less than the OP’s budget.

[Badda]

ruprechtmonkeyboy said:

KungFuPanda said:

ruprechtmonkeyboy said:

Rolex Explorer 2 16570.

For £3850? I'll take two.

They hover around the 4k mark.

Their list is £6250 https://www.rolex.com/watches/explorer/m216570-000...

[HM-2]

Badda said:

ruprechtmonkeyboy said:

KungFuPanda said:

ruprechtmonkeyboy said:

Rolex Explorer 2 16570.

For £3850? I'll take two.

They hover around the 4k mark.

Their list is £6250 https://www.rolex.com/watches/explorer/m216570-000...

Even second hand they're actually "hovering" closer to £5k currently if Chrono24 is to be believed.

[KungFuPanda]

The OP was talking new watches from a dealer to be bought with vouchers from his insurers so I doubt second hand values would have come into the equation anyway.

[JP18]

£80 loss (obviously more as they’ll buy below) If you buy new and sell immediately?
https://www.watchfinder.co.uk/Omega/Seamaster%2030...

[traffman]

If you are looking for a return on your money or a safe bet then only Rolex will do at that price.
You may find an explorer , no box or papers. However if you do then tell me where you got it!

A datejust , president in steel will hold. You may be able to find a mid eighties Tudor Submariner for under 4k.
The original Heur Autavias are increasingly collectable aswell.

If you just want a nice watch then go for an Omega Speedmaster.

Good luck and enjoy!

[Tony1963]

I thought the OP just wanted to buy a watch that he could immediately sell, even though it’ll be at a loss.

[anonymous-user]

HM-2 said:

Badda said:

ruprechtmonkeyboy said:

KungFuPanda said:

ruprechtmonkeyboy said:

Rolex Explorer 2 16570.

For £3850? I'll take two.

They hover around the 4k mark.

Their list is £6250 https://www.rolex.com/watches/explorer/m216570-000...

Even second hand they're actually "hovering" closer to £5k currently if Chrono24 is to be believed.

Are you talking about the 42mm later model? I was referring to the earlier 40mm e.g. https://www.chrono24.co.uk/rolex/explorer-ii-16570...

But if the OP is only after a new watch then I guess it doesn't matter anyway!