Flipping
Also called flipper
Flipping is buying a watch, often new from an authorised dealer, with the intention of reselling it quickly for a profit, usually because it trades over retail.
Brands and authorised dealers often discourage flipping, and some use purchase agreements or allocation practices to limit it. For a dealer, flipped watches are a common source of nearly new stock.
Buying from flippers is no different from any other purchase: check the watch, the papers, and the seller's identity, and price from current completed sales rather than the premium the seller hopes for.
Related terms
Read more
Learn the trade, not just the word
Plain-English guides to buying, pricing and selling watches as a business. Free, and written to be used at the counter.