Rolex Papers, how important?

Rolex Papers, how important?

Author
Discussion

largespiced

Original Poster:

164 posts

137 months

Wednesday 27th July 2016
quotequote all
Hi.

I would really like a Rolex from my birth year and have found this:

http://www.watchfinder.co.uk/Rolex/Submariner/Watc...

I notice it does not have papers or box, but is not much less than new/newer ones with papers. How important are the papers? Would It effect value in future without them? Can Rolex issue them or authenticate the watch and produce papers?

Thanks all

Scott

hilly10

7,096 posts

228 months

Wednesday 27th July 2016
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A Rolex service authentication will be a good document to have. As far as I know Rolex will not issue new papers

stuno1

1,318 posts

195 months

Wednesday 27th July 2016
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It will impact future value as people want them. If you don't plan to sell then go for it.

lambo666

448 posts

118 months

Wednesday 27th July 2016
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You would be nuts to pay that. All about the age/vintage - but with no papers - do yourself a favour and find out what a dealer would pay you for that watch without papers - I'm guessing 2.5 - 2.8k. Only buy a watch without papers if you want to keep it for a long time and be in no rush to move it on.

Mad March Taffy

508 posts

119 months

Wednesday 27th July 2016
quotequote all
https://www.chrono24.co.uk/rolex/submariner-date-1...

I'd say that it was overpriced for a watch with no paperwork - see above - same price with all the bits that you need....

hosedoctor

664 posts

217 months

Wednesday 27th July 2016
quotequote all
I wouldn't buy without papers simple as that. I've never understood how people can buy an expensive watch and manage to lose the paper work,it ain't rocket science is it!!!

13m

26,271 posts

222 months

Wednesday 27th July 2016
quotequote all
hilly10 said:
A Rolex service authentication will be a good document to have. As far as I know Rolex will not issue new papers
If a Rolex is returned to Rolex for service they issue a new card. This effectively "launders" a watch without papers and is a guarantee the watch is not recorded as stolen, that it has been serviced by Rolex and it has two years guarantee.


stuttgartmetal

8,108 posts

216 months

Wednesday 27th July 2016
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This.
It costs about £500

nikaiyo2

4,707 posts

195 months

Wednesday 27th July 2016
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In order of importance to me :

Condition
Originality
Dealer
Price
Recent Service
Box & Papers

When these watches were new they were not collectable, they were just watches. It was new before the whole dinky cars/ Lego/ Star Wars figure thing where people now are very aware of the value of packaging.

I was chatting with my dad at the weekend, he is considering selling his YG Daytona, did he keep the box? His,response... Why would you keep a watch box?

If anything, on a 40 year old watch having just a box and papers would worry me a bit, just because I would expect the sort of person who keeps a box and papers to have the whole package, receipt, calendar, anchor etc. Has the seller married boxes and papers?

To me it looks a nice watch, it's not over priced IMHO the chrono 24 link is for a different watch, that are considerably less than a Matt dialled 16800. Especially as it's from a UK dealer, so you have security if it turns out to be stollen or fake etc, to me this is worth a premium over buying privately or risking duty etc from some random seller in the US or Israel etc.

My only worry would be the lugs, they look a little slim and over polished, might just be the photo, it might be why it seems like a good price! Saying that dial and hands match well...

I would suspect a transitional 16800 without B&P is likely to be worth more than a full set similar condition 16610 in a few years.

It would be much more of an issue on a 4 year old watch, not on a 40 year old one.


Edited by nikaiyo2 on Wednesday 27th July 22:10

thebraketester

14,221 posts

138 months

Wednesday 27th July 2016
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How can the date it at 1983? Just talking someone word for it?

13m

26,271 posts

222 months

Wednesday 27th July 2016
quotequote all
thebraketester said:
How can the date it at 1983? Just talking someone word for it?
The serial number.

thebraketester

14,221 posts

138 months

Wednesday 27th July 2016
quotequote all
ahh of course. I would like it as its my birthyear, but I wouldnt pay that for it without papers. I saw a 2003 GTM in a watch shop that was up for 4500 without papers. How do people lose something as important as this?

nikaiyo2

4,707 posts

195 months

Wednesday 27th July 2016
quotequote all
thebraketester said:
ahh of course. I would like it as its my birthyear, but I wouldnt pay that for it without papers. I saw a 2003 GTM in a watch shop that was up for 4500 without papers. How do people lose something as important as this?
Because people chuck them, one warranty has expired what purpose do they serve? The VAST majority of watches are not bought by collectors re-sale is not a concern.
When I asked my dad if he still had the B&P for his Daytona he was surprised that I asked, literally "Why would I keep an old watch box?" I asked him where he keeps it when he is not wearing it... On the watch winder he bought for it as it stopped when he left it in his sock draw.

LaurasOtherHalf

21,429 posts

196 months

Wednesday 27th July 2016
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I've no idea where the box and papers for my first Rolex are. Might be in a box at my parents attic but I can't be sure.

anonymous-user

54 months

Wednesday 27th July 2016
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hosedoctor said:
I wouldn't buy without papers simple as that. I've never understood how people can buy an expensive watch and manage to lose the paper work,it ain't rocket science is it!!!
Keeping the box and papers is a relatively recent watch thing. Most old watches don't have the box and papers, it wouldn't worry me one bit as long as I could see the serial numbers and do some homework myself.

largespiced

Original Poster:

164 posts

137 months

Wednesday 27th July 2016
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Has anyone ever dealt with the watch finder? Any other places I should also be checking out?

traffman

2,263 posts

209 months

Thursday 28th July 2016
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Ive dealt with watchfinder on three occasion's.

First when i purchased a ceramic bezel Gmt. Pleasant and efficient.
Second time when i purchased a Rolex sub 14060 no box or papers , same service again. The condition was excellent . Any issue's are dealt with promptly.
Third time was a Breitling superocean . All swiftly dealt with. No complaints.

Ive dealt with Watchclub in London , they deal with really really clean and sometimes rare Rolex , i purchased a Twin stick dial Gmt 2 . Excellent service.

Also recently i dealt with Oakleigh watches , purchased a Rolex 5513 , no papers , box was there though. Perfectly fine service and the watch was running rather fast , they dealt with the issue , the regulator was not operating properly.

Oh and ive dealt with Dom , i exchanged the Ceramic bezel Gmt for a Omega Planet Ocean plus cash my way. He is a gent and will source whatever you require.

Hope that help's.

hilly10

7,096 posts

228 months

Thursday 28th July 2016
quotequote all
13m said:
If a Rolex is returned to Rolex for service they issue a new card. This effectively "launders" a watch without papers and is a guarantee the watch is not recorded as stolen, that it has been serviced by Rolex and it has two years guarantee.
My Sub is a 1985 was fully overhauled in 2008 by Rolex and supplied with new card as you said. As far as I am concerned it as good as papers

13m

26,271 posts

222 months

Thursday 28th July 2016
quotequote all
hilly10 said:
13m said:
If a Rolex is returned to Rolex for service they issue a new card. This effectively "launders" a watch without papers and is a guarantee the watch is not recorded as stolen, that it has been serviced by Rolex and it has two years guarantee.
My Sub is a 1985 was fully overhauled in 2008 by Rolex and supplied with new card as you said. As far as I am concerned it as good as papers
I would agree with you for a watch that you're going to use. For an investment I'd still prefer the original papers.


mikeveal

4,569 posts

250 months

Thursday 28th July 2016
quotequote all
13m said:
I would agree with you for a watch that you're going to use. For an investment I'd still prefer the original papers.
For an investment, I'd prefer an investment.