Would you buy an expensive watch with no papers?
May 12, 2009 | 01:37 AM
#1
Thread Starter
| MrTheBadGuy
Joined: Jan 2008
Posts: 10,121
Would you buy an expensive watch with no papers?
I have passed on a couple of deals recently because the watches did not have the paperwork from the factory.
How much would you deduct for a watch that did not have paperwork?
I have trouble buying one this way, even if it makes no difference as far as warranty is concerned.
How much would you deduct for a watch that did not have paperwork?
I have trouble buying one this way, even if it makes no difference as far as warranty is concerned.
May 12, 2009 | 01:40 AM
#2
Teamspeed Pro
Joined: Aug 2007
Posts: 1,273
I have and I would. I think it's ridiculous how much people care about worthless papers and a useless box that simply takes up space. I would always rather save money on the watch as that is the only part I care about. In fact right now I am selling a Lange which I bought without box or papers. Yes, it bothers some people but others appreciate saving money.
Tough to answer the "how much to deduct" question as it really depends on value. For my Lange, I am prepared to sell it at about $1500 less than I would sell one with box and papers.
Tough to answer the "how much to deduct" question as it really depends on value. For my Lange, I am prepared to sell it at about $1500 less than I would sell one with box and papers.
May 12, 2009 | 01:53 AM
#3
Thread Starter
| MrTheBadGuy
Joined: Jan 2008
Posts: 10,121
Well as 'ridiculous' as it may be, if we plan on reselling we of course have to factor in the reduction in value as well as the saleability of the watch.
I would deduct at least 20% for no papers on an average Rolex but more importantly it would be a tougher sell as it seems like it reduces the pool of buyers..
I would deduct at least 20% for no papers on an average Rolex but more importantly it would be a tougher sell as it seems like it reduces the pool of buyers..
May 12, 2009 | 02:07 AM
#6
Teamspeed Pro
Joined: Apr 2008
Posts: 31,976
From: Minnesota
Exactly. At the end of the day, you should be buying a watch because you want to wear it, not because you want to flip it.
May 12, 2009 | 02:38 AM
#8
TEAMSPEED.COM
Joined: Jan 2008
Posts: 14,842
It's not so much the material thing as it is the owner stupid enough to lose the box and papers. Who does that? No papers is a sign of a careless owner, which usually indicates a watch not taken care of very well. But as far as confirming the authenticity, box and papers means nothing . . .
