jmt Posted September 14, 2008 Report Share Posted September 14, 2008 Title says it, basically.... what do you guys think the relative value of these two types of 'papers' are? Quote Link to comment Share on other sites More sharing options...
freddy333 Posted September 14, 2008 Report Share Posted September 14, 2008 Title says it, basically.... what do you guys think the relative value of these two types of 'papers' are? It always helps (when selling a gen watch) if you have the original paperwork that goes with the watch. For a rep, it is only useful if you want to include them in a display, as some members do. I would not recommend using papers in an effort to try to pan-off a non-gen watch as a gen. Quote Link to comment Share on other sites More sharing options...
ubiquitous Posted September 14, 2008 Report Share Posted September 14, 2008 Ultimately, the value of papers relative to the watch depends on which model you are dealing with. The higher the collectibility/value/demand for the item, the more important it becomes to have a full, complete package (i.e. box, papers, hang tags, calendar, etc. PLUS RSC papers for service history). And it also depends on the brand as well; with Rolex, having this provenance is critical from a collector's/investor's standpoint. I've seen some examples differ 30%+ in price with or without these items. For brands such as Patek, it's a little less important to have the original papers as they can issue an extract from the archives if you send in the watch. The thing with RSC papers alone is that it's not exactly what collectors consider to be a reflection on provenance. Granted, it proves that a watch has been in and out of a Service Center and has received a clean bill of health; however, it does not guarantee that a watch has been tampered with after the service has been done. Case in point- RSC's have stopped documenting exotic dialed watches as it has become common place for unscrupulous individuals to obtain paperwork confirming the presence of a certain dial type (i.e. red sub, DRSD, Newman, etc) and to then swap dials with a repaint or aftermarket dial and sell as original; the ramifications coming back to the RSC as a liability is something that Rolex wanted to wash it's hands of; as they had provided statement in writing of a certain dial which sells at a premium to be authentic it holds them accountable. Also, it has been known that some of the service centers were servicing watches with non-original dials as well, and simply letting them pass through. So, in this sense, the RSC paperwork is not what one considers definitive and why some collectors tend to pass on pieces that come only with RSC papers. Quote Link to comment Share on other sites More sharing options...
jmt Posted September 14, 2008 Author Report Share Posted September 14, 2008 It always helps (when selling a gen watch) if you have the original paperwork that goes with the watch. For a rep, it is only useful if you want to include them in a display, as some members do. I would not recommend using papers in an effort to try to pan-off a non-gen watch as a gen. Just to be totally clear, I am asking this as a guy in the market for a gen...I have no interest in papers or boxes for my reps, although I know others do for the reasons you suggest... Quote Link to comment Share on other sites More sharing options...
jmt Posted September 14, 2008 Author Report Share Posted September 14, 2008 Ultimately, the value of papers relative to the watch depends on which model you are dealing with. The higher the collectibility/value/demand for the item, the more important it becomes to have a full, complete package (i.e. box, papers, hang tags, calendar, etc. PLUS RSC papers for service history). And it also depends on the brand as well; with Rolex, having this provenance is critical from a collector's/investor's standpoint. I've seen some examples differ 30%+ in price with or without these items. For brands such as Patek, it's a little less important to have the original papers as they can issue an extract from the archives if you send in the watch. The thing with RSC papers alone is that it's not exactly what collectors consider to be a reflection on provenance. Granted, it proves that a watch has been in and out of a Service Center and has received a clean bill of health; however, it does not guarantee that a watch has been tampered with after the service has been done. Case in point- RSC's have stopped documenting exotic dialed watches as it has become common place for unscrupulous individuals to obtain paperwork confirming the presence of a certain dial type (i.e. red sub, DRSD, Newman, etc) and to then swap dials with a repaint or aftermarket dial and sell as original; the ramifications coming back to the RSC as a liability is something that Rolex wanted to wash it's hands of; as they had provided statement in writing of a certain dial which sells at a premium to be authentic it holds them accountable. Also, it has been known that some of the service centers were servicing watches with non-original dials as well, and simply letting them pass through. So, in this sense, the RSC paperwork is not what one considers definitive and why some collectors tend to pass on pieces that come only with RSC papers. That helps explain the $1700 - $3500 difference in prices I am seeing... Quote Link to comment Share on other sites More sharing options...
ubiquitous Posted September 14, 2008 Report Share Posted September 14, 2008 The differences become VERY apparent when dealing in a $100k PN 6239! Lack of box and paps can cost a seller dearly on a watch of that level... Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.