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What is ABP "Click" to Login or Register 
posted
Hello everybody;

Well, I have searched and searched through the "Complete Guide" until I'm blue in the face, and still cannot find what "ABP" stands for in the place where it prices the watches.

I understand what Mint means and Ex-Fn but not the ABP

Also I noticed there is another one like Ex-Fn but instead of the Ex-Fn it says Ex-En. Is this a typo or is there an Ex-En?

Thanks for any helpg.

Bud
 
Posts: 449 | Location: Ontario in Canada | Registered: September 28, 2010
IHC Life Member
Site Moderator

Picture of Tom Brown
posted
Approximate Dealer Buying Price

page 101 Abbreviations Used In The Complete Price Guide To Watches

I, myself, think of it as average buying price.
 
Posts: 5107 | Location: New Mexico in the USA | Registered: January 27, 2007
posted
Hi Tom;

Thank you so much, and wow, that was a fast reply.

I looked and looked but I guess I just kept missing that page. I tried to find something like this list in the Index but didn't see anything there.

Thanks again Tom.

Bud

quote:
page 101 Abbreviations Used In The Complete Price Guide To Watches
 
Posts: 449 | Location: Ontario in Canada | Registered: September 28, 2010
IHC Life Member

Picture of Jerry King
posted
Bud, the page that Tom gave you is the description of the Abbreviations used in a watch description, however, what you asked for is on the facing page, page 100, under A B C....

A = ABP

B = Ex-Fn

C = Mint

Regards,

Jerry
 
Posts: 2828 | Location: California in the USA | Registered: June 23, 2008
IHC Life Member
Site Moderator

Picture of Tom Brown
posted
Jerry

I believe if you look at the page I mentioned you will see the 1st abbreviation listed is ABP but yes it is also shown on the page you mentioned & thank you for looking out for me.

Tom

01
 
Posts: 5107 | Location: New Mexico in the USA | Registered: January 27, 2007
IHC Member 163
Picture of Mark Cross
posted
Another way of remembering it is 'Average Base Price'.

That's how I remember it. Wink

Regards! Mark
 
Posts: 3837 | Location: Estill Springs, Tennessee, USA | Registered: December 02, 2002
IHC Life Member

Picture of Jerry King
posted
Yeah Tom, I know the ABP definition is in the definitions page as is EX as being (Extra nice Far above Average)....but notice that Mint is not in the definitions page and besides that all three column pricing is very clearly defined on page 100 without getting lost along with all the other watch definitions.... Big Grin

Besides, I just look at the pricing as Low - Medium - High, "Book Values".... without getting in to the philosophies as to why....

Hey Mark, that's a good way to look at it and I guess we all develop our own method of evaluating price -vs- quality/condition....and that's okay....

Regards,

Jerry
 
Posts: 2828 | Location: California in the USA | Registered: June 23, 2008
IHC Life Member
Site Moderator

Picture of Tom Brown
posted
Jerry

I was just thanking you for correcting me, I did realize I had misunderstood Bud's question.

Tom
 
Posts: 5107 | Location: New Mexico in the USA | Registered: January 27, 2007
IHC Life Member

Picture of Jerry King
posted
No problem Bud, quite frankly, I didn't know that ABP was even in the definitions page until recently, just hadn't looked for it there....

Like ol' Chickey Baby used to say when calling the Lakers games, "No Harm, No Foul"....

Regards,

Jerry
 
Posts: 2828 | Location: California in the USA | Registered: June 23, 2008
IHC Life Member

Picture of Jerry King
posted
Besides Tom, you answered Bud correctly in your first post....

All the rest here has been, shall we say, fine tuning.... Big Grin Wink

Best Regards,

Jerry
 
Posts: 2828 | Location: California in the USA | Registered: June 23, 2008
IHC Member 1291
Picture of Buster Beck
posted
Well !!!

And here I always thought ABP

Was " Absolute Bottom Price" Big Grin

Now I am going to have to revamp my whole

Watch vocabulary [ A-G-A-I-N ] Frown

Anyways, on a serious note, I always liked mine better;

ABP- ave wholesale price needing attentions

EXC- Excellent condition needing nothing

MINT- like as to as close to new as possible

Then in-between grades could be added to as warranted by remarks/pictures/descriptions/etc.

regards,
bb
 
Posts: 6376 | Location: Texas in the USA | Registered: July 27, 2009
IHC Life Member
Picture of Richard M. Jones
posted
I always thought ABP was a funny term because price is always dependent upon a willing buyer and seller. I think ABP and other related terms are just rough guides. I believe Buster has it pretty well stated.


Deacon
 
Posts: 1004 | Location: Omaha, Nebraska in the USA | Registered: February 14, 2009
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