freddy333 Posted March 28, 2015 Report Posted March 28, 2015 Some of you old-timers may recall the disassembled '42 I purchased from Ofrei several years ago that ended up being (mistakenly) sold out from under me by Bob Frei. The watch went to a flipper, who then parted it out on ebay. Well, it happened again.........unfortunately, not to me. This 1 was found by a collector at an estate sale &, amazingly, it was virtually the same type of find, even down to the plastic box all the parts were stored in.
ceejay Posted March 28, 2015 Report Posted March 28, 2015 "I've worked out a deal with a fella and I'm going to deliver it to him Monday morning" Bang...bang...bang. I'm so numb I can't even feel my cranium colliding with the wall Oh well, I'm sure he will have enough cash for a couple of KFC bargain buckets and a long weekend at a posh spa.
droptopman Posted March 28, 2015 Report Posted March 28, 2015 Wholly smokes what a find. Hopefully this will be restored to its original beauty. Sent from my droptop using telepathy.
Mendota Explorer Posted March 28, 2015 Report Posted March 28, 2015 I can't even imagine finding my grail like that. I can't believe he sold it. They were estimating only $3,500 to fully restore it and get it up and running again. I wonder how much he paid for it originally?
jelliottz Posted March 28, 2015 Report Posted March 28, 2015 I can't even imagine finding my grail like that. I can't believe he sold it. They were estimating only $3,500 to fully restore it and get it up and running again. I wonder how much he paid for it originally? He paid $3. There is not a typo. $3.... Less than a latte at Starbucks. Sent via my mobile
Mendota Explorer Posted March 28, 2015 Report Posted March 28, 2015 He paid $3. There is not a typo. $3.... Less than a latte at Starbucks. Sent via my mobile Are you sh $ tting me? I'm speechless. Why can't I find something like that? Holy smokes...
jelliottz Posted March 28, 2015 Report Posted March 28, 2015 Are you sh $ tting me? I'm speechless. Why can't I find something like that? Holy smokes... Yes sir! I bought a watch on craigslist for $80 and flipped it for $280. I thought I ha hit the jackpot. This is unbelievable. He has already sold it too; probably somewhere in the range if $25-$35k... Sent via my mobile
cc33 Posted March 28, 2015 Report Posted March 28, 2015 Yup, it went to california which means Eric bought it. 99% anyhow
jeffrsho Posted March 28, 2015 Report Posted March 28, 2015 Wow, that is an amazing find. Is a shame the people that find these types of items aren't collectors themselves and don't appreciate the finds! Sent from my SAMSUNG-SM-G900A using Tapatalk
Mendota Explorer Posted March 28, 2015 Report Posted March 28, 2015 No kidding. I would have spent the money to rebuild it and then enjoy the hell out of it. Then I'd pass it down to my boys and keep it going. What a shame.
sgtguk Posted March 28, 2015 Report Posted March 28, 2015 Speechless .......................lucky find indeed
Ezio Posted March 28, 2015 Report Posted March 28, 2015 Sad story if this is chopped for parts Time to go to a estate sales
freddy333 Posted March 28, 2015 Author Report Posted March 28, 2015 One man's ($3) garbage is another man's ($30k+) valuable collectible. At least, in my case, all's well that ended well.........
jelliottz Posted March 28, 2015 Report Posted March 28, 2015 (edited) ^That is a beauty! To be honest I probably would have sold it too. I would have bought 3 nice genuine vintage pieces to pass down to each of my boys, and then banked the rest. I'm not a guy who needs a $50k watch on my wrist. I would be so paranoid that it wouldn't even be enjoyable. Sent via my mobile Edited March 28, 2015 by jelliottz 1
dieselpower Posted March 28, 2015 Report Posted March 28, 2015 Fair play to him. I love stories like this.
Skywatch Posted March 28, 2015 Report Posted March 28, 2015 ^That is a beauty! To be honest I probably would have sold it too. I would have bought 3 nice genuine vintage pieces to pass down to each of my boys, and then banked the rest. I'm not a guy who needs a $50k watch on my wrist. I would be so paranoid that it wouldn't even be enjoyable. Sent via my mobile I with you on this. Would have hated to sell it but the thought of theft or damage would drive me crazy.
Mendota Explorer Posted March 29, 2015 Report Posted March 29, 2015 Look at it this way, though. To restore it would have cost $3,500 according to the vintage restoration guy in the thread. Fully restored and 20 years from now, that watch is worth far more than what he sold it for today. 30 years from now that watch is worth far more than that. Easy gain now, but he could have doubled or tripled that if he had the patience to hold onto it. Just saying. There's opportunity cost associated with every decision like that. But like others have said, he was only into it for $3 so you can't fault him for that.
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