pugwash said:
seraphe said:
Let's see...
7753 in Ofrei is $496. Suppose the movement is bought in bulk... $450.
With tax, the 7753 is over $500. Now, add the cost of making the watch, $100 in gold and parts? Add the standard markup and you get ... just over $1000. It's ridiculous, but that's the breakdown.
I'm not defending Andrew, I'm merely questioning your selling parts at the price you buy them theory.
There's no way there's anywhere near $100 Dollars worth of gold on that watch.
Let's say the movement is approx. $400 ( I doubt they pay tax), which is probably what they get it for. Ofrei's movts. are already marked up.
You can get a similar non-eta faux chrono for under $100 which is marked up and not the cost to build, asian movt is probably only like 20 dollars and then say there's a 20 dollar mark up(atleast) on a $100 dollar watch. So take 40 off of 100. So on the high end of things it might cost around $50-60 dollars for the case and strap, etc.
So....
Swiss 7753 (if what you end up getting is really a 7753) - $400
Gold Plating which is advertised as 14kt - $50 at best.
Case and Strap, everything else needed to put the watch together- $50.
(Handling Charges- $600)
Cost to build: $500 at best.
After shipping you're paying about double the cost to build. Now andrew probably doesn't work for the factories, who knows though? So he might pay like $550-600 for the watch. Does a $3-600 dollar profit for Andrew seem right, for one watch? I'm all for making money at this and seeing our "good" dealers do well.
My math could be a little off, but not by much. A Tag Heuer with a basic automatic movt. is easily had for under $1500 and their watches are built with "skilled labor" and high quality parts. Plus a warranty and you have to buy from an authorized dealer, etc. So they have to pay their laborers a decent wage, then sell it to the AD which then marks it up again and sells it to you. So Andrew, by asking this kind of price, is trying to say it costs them as much if not more than Tag Heuer to build a watch. But Andrew doesn't believe in the quality enough to give you a 3 yr warranty or guarantee any sort of waterproof"ness''. He may make promises, but what good is a promise from a guy on the other side of the world? Maybe you bought a nice Ferrari or a nice sail boat, I don't know Andrew, but for some reason you've decide to cross over into scammer territory.