Conquest Deluxe Gold Bracelet

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Hi
I’m doing some research on behalf of a friend who is looking to sell their conquest deluxe.
It needs to be opened up to determine the ref.
However I would like to gauge interest and opinions on whether they would be better off selling as a complete package or selling bracelet separately.

I’ve also spoken to Lars who was very helpful, and done my own searching, but I can’t find any example of a sale of a gold conquest deluxe bracelet as a stand alone item.

As the market is quite at the moment I imagine that demand for watch and bracelet as a package would be more subdued than the bracelet only, as the demand will likely be from collectors that already own the watch without a bracelet, and may prefer to purchase a bracelet over shelling out for the whole package? And as the opportunity to do so very rarely comes up would increase the likelihood of a sale.

Ultimately he will only know once it’s put up for sale, but would be good to hear some opinions as I will be helping him decide how to sell it. There is a similar model coming up for auction without the bracelet so that will give an indication of the price of head only for him.

Thanks in advance.

And yes this is a pre cursor to a possible FS on OF, but ultimately the owner of the watch will decide how to proceed and this post is not intended as a back door sales post. Any issue with this post pls DM me and or a moderator. Thanks
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J_pilot
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Do anything with it but melt it! 😂

Unfortunately, with gold prices where they are now, the bracelet makes this otherwise not-so-rare watch a steep proposition, for general and specialized collectors alike. As collectors, I think we’d all like to see the bracelet stay on its original watch head, but in this instance I agree that you may be best off selling separately - try to market the bracelet to dedicated collectors, and auction the generally desirable and now more attainable watch head on its own. If auctioned together, I fear you may wind up dooming the bracelet to scrap.

In this market I wouldn’t expect to get much more than scrap for the bracelet anyways, but I still think the strategy will maximize what you get for it, and could well save the bracelet’s life.

PS - was this the example at the NAWCC New England mart a month or so back? If so, I can attest to what a nice bracelet it is!
 
Dan S
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The watch may be a little harder to sell with the bracelet, but you probably won't get much more than scrap value for the bracelet alone, so you'd need to balance those factors. As well as the benefit to collectors of keeping the pairing together.

I would suggest offering it as a package for what you consider a fair price. Post the weight and gold composition (e.g. 18k) of the bracelet in the listing, so a buyer can calculate the melt value.

If the package is unsold within a reasonable amount of time, indicate that you are willing to sell separately. Be aware that the melt value of an 18k bracelet is not 75% of the spot price of gold. You will typically get 85-90% of gold value when selling to a gold buyer, unless you have direct access to a refinery. So be realistic.
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J_pilot J_pilot
Do anything with it but melt it! 😂

PS - was this the example at the NAWCC New England mart a month or so back? If so, I can attest to what a nice bracelet it is!

Thank you for your response.
Yeah I hope it doesn’t resort to that, however I’m sure any collector will be happy to pay above scrap for it. I mean if I want to buy a branded and rare gold bracelet for my Connie I am going to expect to pay above scrap.

No, this isn’t the watch at NAWCC. The watch is in the U.K. the current owner inherited it and isn’t into watches, which is why they will be looking to sell it.
 
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Dan S Dan S
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Thanks the sound advise and your thoughts Dan, it’s much appreciated.
 
Davidt
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I think the problem is, with the scrap price of gold being so high right now, not many collectors are actively looking to add a heavy, solid gold bracelet right now.

I agree with Dan. Offer it as a full package for a couple of weeks and if no dice, offer to sell them separately.
 
Dan S
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Davidt Davidt
I think the problem is, with the scrap price of gold being so high right now, not many collectors are actively looking to add a heavy, solid gold bracelet right now.
It's unfortunate in times like these where the gold value greatly exceeds the collectible value. If it were a Rolex Day-Date bracelet, the overall value of the watch would justify such an expensive bracelet, but it's a tougher sell for a Longines Conquest, even though it's a great watch.

If the seller is motivated to keep them together, and he doesn't need to sell quickly, maybe he can be patient. There are probably buyers out there who want the whole package, just not very many.
 
Davidt
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Dan S Dan S
It's unfortunate in times like these where the gold value greatly exceeds the collectible value. If it were a Rolex Day-Date bracelet, the overall value of the watch would justify such an expensive bracelet, but it's a tougher sell for a Longines Conquest, even though it's a great watch.

If the seller is motivated to keep them together, and he doesn't need to sell quickly, maybe he can be patient. There are probably buyers out there who want the whole package, just not very many.

And that’s the issue collectors (whether buying or selling) face right now. The collectible market value has been exceeded by the gold market value. It’s a shame.
 
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Dan S Dan S
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Yeah makes sense regarding the value of the bracelet being high vs the watch head and being reluctant to pay up, but the value will always be the intrinsic value of the gold plus something. I personally wouldn’t adjust the collectable/utility of the bracelet up or down based on the intrinsic value of the gold. However I agree re the point about collectors being reluctant to spend at the moment as gold price is high. Which I guess may ultimately end up with nobody wanting to buy it and therefore the price coming down 😀.

Plenty of people buy gold just for its intrinsic value, and if collectors place no material value on gold bracelets above scrap gold, I guess they will be scrapped and can’t complain when they are melted!

Thanks for the feedback, it much appreciated.
I guess we will find out soon enough if he decides to move fwd.

I will report back on what he decides to do. I guess it will be driven by how much he needs the cash

Thanks
 
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