Offer
How much should I pay for this specific watch?
Describe the piece in front of you and how fast you need it. You get a position to negotiate: where to open, what is fair for this example, and the number past which the trade stops making sense.
The walk-away number already contains the cost of selling again: roughly half the bid/ask spread, plus an allowance for how long this reference takes to move.
Audemars Piguet Royal Oak 'Jumbo' Extra-Flat
Position · Tradeable
Fair entry for this piece
$75,100
$69,200$82,700
Open at
$69,200
Patient, defensible first number
Fair entry
$75,100
Reasonable for this example
Walk away
$81,300
Past here you are buying the seller's problem
Reasoning
Why these numbers
- Standard — buying within a quarterA modest premium over the patient anchor is reasonable; the ceiling is not.
- Round-trip cost 12.9%Selling again inside twelve months costs about 10150 at current spreads, before any service.
- 34 days to sell, 118 pieces listedTradeable with patience — plan for a campaign, not a flip.
- Trading above retailImmediate delivery carries a premium over boutique retail; the premium is the price of not waiting.
Want the full range and the evidence behind it before you negotiate?