Internet Horology Club 185
What is ABP

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January 24, 2011, 17:42
Bud Melless
What is ABP
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
January 24, 2011, 17:50
Tom Brown
Approximate Dealer Buying Price

page 101 Abbreviations Used In The Complete Price Guide To Watches

I, myself, think of it as average buying price.
January 24, 2011, 17:55
Bud Melless
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

January 24, 2011, 18:07
Jerry King
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
January 24, 2011, 20:08
Tom Brown
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

January 26, 2011, 13:18
Mark Cross
Another way of remembering it is 'Average Base Price'.

That's how I remember it. Wink

Regards! Mark
January 26, 2011, 13:55
Jerry King
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
January 26, 2011, 14:46
Tom Brown
Jerry

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

Tom
January 26, 2011, 15:09
Jerry King
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
January 26, 2011, 15:15
Jerry King
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
January 26, 2011, 15:22
Buster Beck
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
January 27, 2011, 22:10
Richard M. Jones
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