LACO Resell value & turnover
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  1. #1
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    LACO Resell value & turnover

    Hi all,

    Have you sold your LACO online/offline/using this site? How fast moving items are these in your opinion and how well do they retain their value?

    I checked some classifieds and saw adds that are 1-2 years old which may indicate that 2nd hand watches dont change the owner so fast. Second observation was that the watches lose around 40-50% of value on the 2nd hand market.

    Im new to watches in general but really loving LACO and planning on buying a
    LACO Leipzig Erbstuck.

    Just curious on your pro opinions here.

    cheers

  2. #2
    Member City74's Avatar
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    Re: LACO Resell value & turnover

    Who would you buy a watch you already plan on selling? Don’t buy watches as investments, they almost all lose money.
    umarrajs and Nokie like this.
    My collection changes so often I got tired of redoing my signature

  3. #3
    Moderator at Large stuffler,mike's Avatar
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    Re: LACO Resell value & turnover

    Quote Originally Posted by Heikkir View Post
    Have you sold your LACO online/offline/using this site?
    No. I am not a flipper. Usually I keep the watches I buy.

    How fast moving items are these in your opinion and how well do they retain their value?
    There aren‘t much watches retaining their value on the 2nd hand market. Some Patek, Vacheron, Rolex being the exception to the rule. Laco is not (except the original WWII B-Uhr in top oversll condition).

    I checked some classifieds and saw adds that are 1-2 years old which may indicate that 2nd hand watches dont change the owner so fast. Second observation was that the watches lose around 40-50% of value on the 2nd hand market.
    Correct. Any watch you buy today is a used one tomorrow.

    I’m new to watches in general but really loving LACO and planning on buying a LACO Leipzig Erbstück
    A Laco Leipzig Erbstück is difficult to sell. It‘s not everybody‘s cup of tea due to the artificial aging techniques, due to looks. thus, there are (almost automatically) fewer potential buyers in the market. A Flieger Original will sell faster and with less loss for sure.

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    Last edited by stuffler,mike; February 15th, 2019 at 09:11.
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    Kind regards
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  5. #4
    Moderator at Large stuffler,mike's Avatar
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    Re: LACO Resell value & turnover

    Quote Originally Posted by City74 View Post
    Who would you buy a watch you already plan on selling? Don’t buy watches as investments, they almost all lose money.
    This.
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  6. #5
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    Re: LACO Resell value & turnover

    As noted, aside from a few luxury brands, you should expect to lose a considerable amount if you buy a new watch and later decide to sell.

    Although people that bought Laco in the past, might not do bad. The retail prices have gone up a good amount, so there is more margin to absorb any loss. Not that long ago, Leipzigs and Paderborns cost about $750. Now they're almost $1200. My own Trier retails for $350 now. I paid $250 from an AD.
    Stirling Moss likes this.

  7. #6
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    Re: LACO Resell value & turnover

    Quote Originally Posted by City74 View Post
    Who would you buy a watch you already plan on selling? Don’t buy watches as investments, they almost all lose money.
    thats´s true like cars!!!
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    Luksaj S.A.S

  8. #7
    Member Nokie's Avatar
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    Re: LACO Resell value & turnover

    When I used to purchase my Laco's, they were meant to be kept and enjoyed.

    However, the ones I did end up flipping were fairly easy to sell if described correctly for those not in the know and priced accordingly as well.
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  9. #8
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    Re: LACO Resell value & turnover

    A Laco, or any other watch, is worth what a buyer is willing to pay.

  10. #9
    Member Tony A.H's Avatar
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    Re: LACO Resell value & turnover

    sorry for derailing from the main subject. but that Aged Dial is so GORGEOUS



    Quote Originally Posted by stuffler,mike View Post

    A Laco Leipzig Erbstück is difficult to sell. It‘s not everybody‘s cup of tea due to the artificial aging techniques, due to looks. thus, there are (almost automatically) fewer potential buyers in the market. A Flieger Original will sell faster and with less loss for sure.

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    Last edited by Tony A.H; January 23rd, 2019 at 03:43.
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  11. #10
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    I sold my Laco that costed me 1030€ for 450€. After paying Paypal fees and shipping, I was left with around 400€, which is roughly 40% of the price. The watch was in good condition and only 6 weeks old. Also, it was a difficult sale, I was selling it for nearly 2 months, even at that price.

    I’m not sure what your conclusions are based on this and I’m not really trying to give you any. Just an objective statement on how my sale went.

    Also, I’d like to add that pretty much all micro brands, and most of the big brands, take a significant hit in value on 2nd hand market.
    Last edited by fracture.; January 22nd, 2019 at 17:49.

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