iceberg1459 Posted November 27, 2008 Report Posted November 27, 2008 love the movt. description, makes it look like a complicated masterpiece Movement Mechanical with automatic winding, Caliber 1570, rhodium-plated, oeil-de-perdrix decoration, 26 jewels, straight-line lever escapement, monometallic balance adjusted to temperatures and 5 positions, shock absorber, Microstella regulating screws. but something wrong with this one Case Stainless Steel, Diameter: 40 mm; Thickness: 17 mm. Black rotative bezel with 60-minute scale. Plastic crystal with cyclops magnifying glass on date aperture at 3; screw-down back and screw-down crown. Case-back engraved: Patent Pending - Oyster Gas escape valve.
Watchmeister Posted November 27, 2008 Report Posted November 27, 2008 22 offers and all declined. The question is whether the top offer is $30,000 or $180,000. TT- Pretty impressive taste there.
Slartibartfast Posted November 27, 2008 Report Posted November 27, 2008 Is this guy serious???!!!??? $207k???!!????
sander Posted November 27, 2008 Report Posted November 27, 2008 I'm sorry and I know for sure that I'm not making friends here.... I really don
Nanuq Posted November 28, 2008 Report Posted November 28, 2008 No worries, it's not about making friends, we're all here to learn something. In this case I believe the seller thinks he has a first-year extremely limited edition piece. Funny thing is it looks more like a Mk-II to me. But the case back is very unusual...
rolex001 Posted November 28, 2008 Report Posted November 28, 2008 Wow, looks like this is overpaid at least five times - talk about profit margin...
Stephane Posted November 28, 2008 Report Posted November 28, 2008 Nanuq said: No worries, it's not about making friends, we're all here to learn something. In this case I believe the seller thinks he has a first-year extremely limited edition piece. Funny thing is it looks more like a Mk-II to me. But the case back is very unusual... Yeah, weirdo case back Rolex001 is right too: at least 5 times the current price for a certified one. This one seems to be put toghether with various pieces from different origins.
docblackrock Posted November 28, 2008 Report Posted November 28, 2008 (edited) Nanuq said: No worries, it's not about making friends, we're all here to learn something. In this case I believe the seller thinks he has a first-year extremely limited edition piece. Funny thing is it looks more like a Mk-II to me. But the case back is very unusual... Beg to differ chief....that's clearly a Mk I dial - the same almost-filled-in coronet as your choccy Mk2 but both red text lines are equal pt size. The caseback doesn't look particularly unusual to me - I'd be more interested in what is INSIDE the caseback to be honest, and see if the part serial and quarter-year '67 is in there, and tallies up. But seriously 200 grand? Perhaps if it was a celebrity-owned or interesting-provenanced Patent Pending HeV Sub-case early 1665 SRSD, AND there was a bidding war at an Antiquorum auction, then maybe just maybe it could fetch a price in this stratosphere. But for this piece? If it's legit original, then 50k is not an unreasonable estimate given the market. Edited November 28, 2008 by docblackrock
Watchmeister Posted November 28, 2008 Report Posted November 28, 2008 If I were a betting man, whatever it is today - it will be 30% less six months from now. IMHO, it is very difficult to buy a vintage gen right now without a minimum 5 year hold and not worrying about taking a loss. Can't wait to see the upcoming non-Antiquorum auctions.
Stephane Posted November 28, 2008 Report Posted November 28, 2008 docblackrock said: Beg to differ chief....that's clearly a Mk I dial - the same almost-filled-in coronet as your choccy Mk2 but both red text lines are equal pt size. The caseback doesn't look particularly unusual to me - I'd be more interested in what is INSIDE the caseback to be honest, and see if the part serial and quarter-year '67 is in there, and tallies up. But seriously 200 grand? Perhaps if it was a celebrity-owned or interesting-provenanced Patent Pending HeV Sub-case early 1665 SRSD, AND there was a bidding war at an Antiquorum auction, then maybe just maybe it could fetch a price in this stratosphere. But for this piece? If it's legit original, then 50k is not an unreasonable estimate given the market. I agree about wanting to see what is on the inside of the caseback. If it is a SRSD caseback...I would go back to the future to see in the flesh even if I had to give a arm for that...a SRSD
rolex001 Posted November 28, 2008 Report Posted November 28, 2008 The caseback is a genuine PP - but how in the world can somebody try to sell a watch for 200 Grand with two shabby pics and a wrong Submarienr booklet in place? Oh well, maybe he has nothing better to do then try... but he could do far better!
freddy333 Posted November 28, 2008 Report Posted November 28, 2008 rolex001 said: The caseback is a genuine PP - but how in the world can somebody try to sell a watch for 200 Grand with two shabby pics and a wrong Submarienr booklet in place? I think the lack of pics & wrong booklet is a tactic used by some high end dealers to weed out the punters from the serious buyers. Legitimate buyers will inquire for additional pictures.
rolex001 Posted November 29, 2008 Report Posted November 29, 2008 freddy333 said: I think the lack of pics & wrong booklet is a tactic used by some high end dealers to weed out the punters from the serious buyers. Legitimate buyers will inquire for additional pictures. That's a good thought, on the one hand for teh mentione reason and on hte other one to save the astronomic PP fees that must be applied on a 200k sale...
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