Post
by GeorgeH » Tue Apr 09, 2019 2:46 pm
Conj:
"Indeed, George, I've flipped plenty of Seikos myself, and pretty much lost money on each of 'em. One I really regret is a SARB059, which I bought new from Seiya-san, then sold a little later for $450 (I think I paid $525 or something for it.) I just saw one up for sale at watchrecon, asking $725. Alas, Seikos tend not to hold value well at all; the only ones that did were the old Monsters, and I still lost money on mine."
I got 73% back on the 72 (including my wife's) Seikos I sold. That includes the eBay and Paypal fees. That's a little better than the 70% back on the 462 watches I have flipped. A lot better than the 70 Invictas I flipped that's for sure. There were several Seikos where I netted more than what I paid:
Black Monster SKXA43 101%
Diver Yellow Dial SKXA35 136%
Orange Monster SKX781 147%
Superior "Baby Tuna" LE SRP233K1 123%
Analog-Digital Two Tone SNJ018 131%
Samurai - White SNM031 159%
Samurai - White SNM031 141%
Samurai - Black SNM033 166%
Samurai - Black SNM033 107%
Titanium Chrono SNA139 136%
GeorgeH
"Buy what you like and can afford"