automatico Posted February 16, 2019 Report Share Posted February 16, 2019 There is a very ratty 1960 rlx 'gilt' 1016 for sale on eBay and it is over $3000 USD on 2-16 with 48 bids and 9 days to go. Anyone want to guess how much it goes for? My guess is $11255 USD. eBay item number 333075830879 The guesstimate winner gets a bottle of Jack Daniels at their own expense. Quote Link to comment Share on other sites More sharing options...
508-Fanatic Posted February 16, 2019 Report Share Posted February 16, 2019 I'll go to $5,000 and see where it goes from there. My venture is $13,000... I'll go to $10,500 Quote Link to comment Share on other sites More sharing options...
tomhorn Posted February 16, 2019 Report Share Posted February 16, 2019 Hess Fine Art is a very reputable seller here in St. Pete. Have been to their store several times. Quote Link to comment Share on other sites More sharing options...
alligoat Posted February 17, 2019 Report Share Posted February 17, 2019 One of the knowledgeable folks at Hess wrote this description up- at least it wasn't one of the underlings! It's a project watch, but it sure looks all original to me. This could go for over $20K! It'll be fun to watch. Quote Link to comment Share on other sites More sharing options...
alligoat Posted February 25, 2019 Report Share Posted February 25, 2019 Well, bidding is over and the watch went for $6,900.00. https://www.ebay.com/itm/Rolex-1016-Explorer-Gilt-Dial-Wristwatch-To-fix-or-For-Parts-/333075830879?_trksid=p2047675.m43663.l10137&nordt=true&rt=nc&orig_cvip=true Guess the rubbed off model # and SN kept people away... Quote Link to comment Share on other sites More sharing options...
automatico Posted February 26, 2019 Author Report Share Posted February 26, 2019 "Guess the rubbed off model # and SN kept people away..." I bet that is what killed it. I went way too high on my guess. Of all the rolexjunk I have owned, there is only one that looks as bad as this 1016...a 1601 tutone. The 14kyg bezel is worn down so far that it no longer has any flutes left on it, just shallow grooves and it has the same type of spotted case corrosion as the 1016 between the lugs. If you look at the corrosion under a 20X microscope you can see that it is a collection of tiny holes in the metal. I can just barely make out the serial number...283xxxx. Still have the case and faded blue dial, the movement went in Stilty's Yuki '1680' 10 or 12 years ago. Had one other 1601 with this type of corrosion and it had a hole all the way through the top of the case under the bezel...got my $$ back on it. Quote Link to comment Share on other sites More sharing options...
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