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.
A. Lange & Söhne 1815 Chronograph
Position · Illiquid
Fair entry for this piece
$44,800
$39,500$50,400
Open at
$39,500
Patient, defensible first number
Fair entry
$44,800
Reasonable for this example
Walk away
$49,750
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 15.9%Selling again inside twelve months costs about 7490 at current spreads, before any service.
- 71 days to sell, 22 pieces listedGenuinely illiquid — only buy at the anchor, or buy because you intend to keep it.
- Trading below retailGrey-market pricing sits under boutique retail, so a dealer order is worth quoting against.
Want the full range and the evidence behind it before you negotiate?