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How much have you spent so far on reps?

GNILTIERB

Known Member
28/9/14
154
0
16
Germany & Sweden
May I ask: how are people here actually calculating their money spent on watches? Are you just summing up all expenses ever made and state the result as the total amount, or do you take the revenues from sales into consideration?

For example, if someone states that he/she spent 10k for reps, does that mean that he's in possession of reps worth 10k, or does that rather mean that he bought, then sold, then bought, then sold, ... various reps and all of the purchases sum up to 10k...?
 

Capt. Obvious

Respected Member
5/5/13
4,136
2
0
That's exactly what I was wondering too.

I myself have never sold one of my pieces, so therefore what I have quoted is what I have spent!
 

Fiveostang

Respected Member
6/11/12
5,027
36
48
When quoted 10k minimum I was taking into acct selling pieces and replacing. I'm currently a little over 5k in the collection now but I have sold watches to fund other projects that aren't watch related. Also I didn't take into consideration a lot of the modding and servicing I've done which is why I say minimum of 10k


Sent from my iPhone using Tapatalk
 

Subjeff

Mythical Poster
26/12/12
7,104
57
48
I have bought and sold about $20k - $30k in reps. And probably lost about $2k in selling them cheaper than the build or purchase cost. I currently have about $5k in reps and about the same in gens.
 

sgtguk

Known Member
8/7/12
199
1
16
16k as collection stands today traded 36-39k so far but that includes gens too, and as Subjeff lost a fair bit too !
 

ukbondraider

Active Member
20/9/14
350
0
0
May I ask: how are people here actually calculating their money spent on watches? Are you just summing up all expenses ever made and state the result as the total amount, or do you take the revenues from sales into consideration?

For example, if someone states that he/she spent 10k for reps, does that mean that he's in possession of reps worth 10k, or does that rather mean that he bought, then sold, then bought, then sold, ... various reps and all of the purchases sum up to 10k...?

Good point but I assume everyone is quoting the amount that they have in possession. Otherwise they are plums.
 

Fiveostang

Respected Member
6/11/12
5,027
36
48
Good point but I assume everyone is quoting the amount that they have in possession. Otherwise they are plums.

Well the question wasn't how much money is in your watch box it was how much have you spent on reps so far.


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droptopman

I'm Pretty Popular
17/2/14
1,091
0
0
Including my ongoing projects at least 15K in the last 15 months on reps/frankens.


Sent from my droptop using telepathy.
 

mydnytrydr

Mythical Poster
25/9/09
7,800
222
63
Used-Rolex-Watches.jpg
 

blueradish

I'm Pretty Popular
17/3/07
1,028
245
63
Frankly it's just better if I don't even think about it. Probably could have paid of my car loan with all the money I sent to China.