What is the watch to have around £3850?
What is the watch to have around £3850?
Author
Discussion

CycleSi

Original Poster:

511 posts

223 months

Wednesday 15th May 2019
quotequote all
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

1,280 posts

188 months

Wednesday 15th May 2019
quotequote all
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

30 posts

182 months

Wednesday 15th May 2019
quotequote all
Take cash otherwise you will be stuck buying something new and overpriced.

Alex L

2,595 posts

284 months

Wednesday 15th May 2019
quotequote all
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

7,576 posts

214 months

Wednesday 15th May 2019
quotequote all
Tudor Black Bay GMT? Would be best to hold value in that price bracket I would think.

anonymous-user

84 months

Wednesday 15th May 2019
quotequote all
Rolex Explorer 2 16570.

Barchettaman

7,283 posts

162 months

Wednesday 15th May 2019
quotequote all
Tudor Black Bay GMT?

KungFuPanda

4,642 posts

200 months

Wednesday 15th May 2019
quotequote all
ruprechtmonkeyboy said:
Rolex Explorer 2 16570.
For £3850? I'll take two.

Jayho

2,427 posts

200 months

Thursday 16th May 2019
quotequote all
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

Original Poster:

511 posts

223 months

Thursday 16th May 2019
quotequote all
That would be ideal - it's just finding a buyer !

Actus Reus

4,312 posts

185 months

Thursday 16th May 2019
quotequote all
Barchettaman said:
Tudor Black Bay GMT?
This, but you'll have to wait a bit.

anonymous-user

84 months

Saturday 18th May 2019
quotequote all
KungFuPanda said:
ruprechtmonkeyboy said:
Rolex Explorer 2 16570.
For £3850? I'll take two.
They hover around the 4k mark.

dvs_dave

9,040 posts

255 months

Saturday 18th May 2019
quotequote all
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.

anonymous-user

84 months

Saturday 18th May 2019
quotequote all
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

12,467 posts

199 months

Sunday 19th May 2019
quotequote all
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

4,642 posts

200 months

Sunday 19th May 2019
quotequote all
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

109 posts

91 months

Sunday 19th May 2019
quotequote all
£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

2,263 posts

239 months

Sunday 19th May 2019
quotequote all
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

5,808 posts

192 months

Sunday 19th May 2019
quotequote all
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

84 months

Sunday 19th May 2019
quotequote all
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!