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Your Worst Sales Decision

Posted: Mon Nov 04, 2019 1:03 am
by abuemily
So, back in 2001, before I knew any better, and a watch was just a watch I had these two:

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I was living in Geneva—you know, the motherland—and decided I wanted a new Panerai 025, so I decided to sell those two, for which I had paid a grand total of $1540 new for...wait for it...$1500. Thought I was doing okay. Hindsight being horrifying, anyone else wish they could erase their memories?


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Re: Your Worst Sales Decision

Posted: Mon Nov 04, 2019 2:34 am
by hoppyjr
So many memories, so many mistakes. Rather than share my stories I’ll just go sit in the tub and run scalding water on my sack.

Re: Your Worst Sales Decision

Posted: Mon Nov 04, 2019 3:58 am
by River Rat
Only two none you guys would keep. A WW1 Depollier water proof wire lug wristwatch was rare only one ever offered to me for sale. And a WWW British issued Timor I got for 450.00 both watches have went up a little in price. I am a pack rat so still got most of my favorites. But I miss those two sold them due to the move to Montana thinking I would not have enough to get by I was wrong should of kept them.

Re: Your Worst Sales Decision

Posted: Mon Nov 04, 2019 5:51 am
by JP Chestnut
I've never sold a watch I regret. They all get sold for a good reason, or they don't get sold.

Re: Your Worst Sales Decision

Posted: Mon Nov 04, 2019 6:01 am
by JBZ
Not buying a 16710 back when they could be had for under $5,000. Other than that, I've parted with some that have appreciated markedly since I sold them, but I got a fair price for them at the time, so... :shrug:

Re: Your Worst Sales Decision

Posted: Mon Nov 04, 2019 6:39 am
by abuemily
This thought was driven by the desire to pick up another like-vintage GMT, then saw what current prices are. Really the only sale I regret.


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Re: Your Worst Sales Decision

Posted: Mon Nov 04, 2019 6:46 am
by deepcdvr
lol let me count the ways...

I've sold (at a loss, even then) numerous Pams, Omegas, Rollies, etc... I've literally lost tens of thousands of dollars over the years. Thanks for ruining my Monday...

:lol:

Re: Your Worst Sales Decision

Posted: Mon Nov 04, 2019 7:03 am
by aikiman44
Yeah, selling Pams=losses.

Re: Your Worst Sales Decision

Posted: Mon Nov 04, 2019 7:24 am
by rockmastermike
Like others, hindsight is 20/20 .....the “pre-bubble” Rolex madness where I could have paid for a year or two of my kid’s college by now

With that out of the way, it’s no secret that I rotate often and eventually sell them anyway, however there have been one or two that I sold too soon and wish I would’ve enjoyed them for a little while longer before letting them go.

Re: Your Worst Sales Decision

Posted: Mon Nov 04, 2019 7:28 am
by Joeprez
Polar ExpII, because I wanted to try a Sub. But I want the ExpII back.


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Re: Your Worst Sales Decision

Posted: Mon Nov 04, 2019 7:47 am
by Chocodove
116600 :nutkick:

Re: Your Worst Sales Decision

Posted: Mon Nov 04, 2019 8:30 am
by gr8sw
these 2 definitely hurt the worst... paid ~$2500 for each nearly 20 years ago... sold both a couple years later for ~$5k each... doing well, right? wrong...

they both bring around 10x that now :banghead:

thanks for the memories :bird:

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Re: Your Worst Sales Decision

Posted: Mon Nov 04, 2019 9:16 am
by MDF
Selling my Sea Dweller ceramic before they were out of production and before the price increases. :scream:

Re: Your Worst Sales Decision

Posted: Mon Nov 04, 2019 9:19 am
by Steve O.
A couple that I no longer have pics of, and this one...


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Re: Your Worst Sales Decision

Posted: Mon Nov 04, 2019 10:22 am
by AtomicTom
Still haven't sold anything Michael. :grin: So no pics, or stories here yet.

Re: Your Worst Sales Decision

Posted: Mon Nov 04, 2019 10:32 am
by mattcantwin
hoppyjr wrote:
Mon Nov 04, 2019 2:34 am
So many memories, so many mistakes. Rather than share my stories I’ll just go sit in the tub and run scalding water on my sack.
Just dropped my sack alongside yours. :banghead:

Re: Your Worst Sales Decision

Posted: Mon Nov 04, 2019 10:40 am
by hoppyjr
mattcantwin wrote:
hoppyjr wrote:
Mon Nov 04, 2019 2:34 am
So many memories, so many mistakes. Rather than share my stories I’ll just go sit in the tub and run scalding water on my sack.
Just dropped my sack alongside yours. :banghead:
:shock: :lol:

Re: Your Worst Sales Decision

Posted: Mon Nov 04, 2019 11:25 am
by abuemily
AtomicTom wrote:
Mon Nov 04, 2019 10:22 am
Still haven't sold anything Michael. :grin: So no pics, or stories here yet.
I’m sorry, it sounded like you said you haven’t sold anything yet. That makes no sense (here).

Re: Your Worst Sales Decision

Posted: Mon Nov 04, 2019 1:34 pm
by JP Chestnut
Steve O. wrote:
Mon Nov 04, 2019 9:19 am
A couple that I no longer have pics of, and this one...


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You sold an awesome blue Tudor Sub. Not being able to buy that one is a big regret of mine.

Re: Your Worst Sales Decision

Posted: Mon Nov 04, 2019 3:35 pm
by matt.wu
I have some big ones (Patek 5980, 5726, 5164), but they're mostly around the hype pieces. Doesn't bother me too much. Can't predict the future, so why sweat it?

Re: Your Worst Sales Decision

Posted: Mon Nov 04, 2019 4:58 pm
by SoCal C4S
I don’t regret selling any. It was always the right decision at the time.

Re: Your Worst Sales Decision

Posted: Mon Nov 04, 2019 5:35 pm
by jlswatch
No raegrets

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Re: Your Worst Sales Decision

Posted: Mon Nov 04, 2019 5:48 pm
by Ruggs
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Re: Your Worst Sales Decision

Posted: Mon Nov 04, 2019 5:58 pm
by r.palace
SoCal C4S wrote:I don’t regret selling any. It was always the right decision at the time.
^

Your Worst Sales Decision

Posted: Mon Nov 04, 2019 6:55 pm
by petethegreek
Yea, I have regrets...

Generally, I don’t suffer from buyer’s remorse - just seller’s remorse.

I regret selling good pieces at large losses and then buying them back again.

I do regret selling my Omega 2254.50 the most.