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.
Rolex Submariner Date
Position · Deep market
Fair entry for this piece
$14,350
$13,700$15,500
Open at
$13,700
Patient, defensible first number
Fair entry
$14,350
Reasonable for this example
Walk away
$15,150
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 10.2%Selling again inside twelve months costs about 1520 at current spreads, before any service.
- 11 days to sell, 611 pieces listedDeep market — you will find a buyer, but so will everyone else.
- 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?