How Much Should I pay for a 16600 Sea Dweller? P/X Sub/IWC?

[dom9]

How much should I be paying for one of the later 16600 SDs in good condition, chaps?

I'm looking at consolidating my collection when we move from Singapore to Houston and I am thinking of chopping in my ND Sub and my IWC Spitfire Chrono and just having a 16600.

I am thinking that the combination of those two (4.5k-ish?) should see me into a nice SD.

Any thoughts?

[digger_R]

From what I've seen over the last week or two of hunting around for one in Singapore, 4000 should bag you a slightly older one with drilled lugs. Around 4500 should bag you a minter if you look at the right dealers.
Both prices are inc B&P from a dealer.

Feel free to PM me if your ND is a two liner and you're interested in moving it on in the next two weeks, I've been looking for one.

[dom9]

digger_R said:

From what I've seen over the last week or two of hunting around for one in Singapore, 4000 should bag you a slightly older one with drilled lugs. Around 4500 should bag you a minter if you look at the right dealers.
Both prices are inc B&P from a dealer.

Feel free to PM me if your ND is a two liner and you're interested in moving it on in the next two weeks, I've been looking for one.

Thanks Digger - are you in SG?

I'm always slightly concerned about those 2nd hand dealers in places like People's Mall in China Town... Although I feel like I know what to look for and the chances of them selling fakes are far lower than the other countries round here - is it a risk in your opinion?

Will probably keep my ND until we go to London to get my visa for the US. The B&P are there, in storage, so I wouldn't expect anyone to take it on a promise i'll get the rest to them. I would buy the SD here, if I found a good one at a good price, then just ship the others on (probably) when we go through the UK.

I have to sell my 911 that has been in storage since we left (over 2 years ago) anyway!

Thanks,
Dom

[XJSJohn]

Dom, all of the good dealers will have no issues in you taking it to Rolex on Orchard Road for verification of authenticity.

There is actually a not bad 2nd hand shop on 2nd floor of Lucky Plaza that does only Rolex that i have bought 2 from in the past, both have turned into good investments that were sold later for more than paid. (they are the only 2nd hand shop there, at one of teh far ends)

Visiotime in Republic Plaza is also very reputable. http://www.visiotime.com/

edit - also a nice shop on the 2nd (i think) floor of Funan Center, opposite the escalators at one end.

[digger_R]

Hi Dom,

I'm just working in SG for a couple of months, I'll be heading back to Euroland at the end of July so I've been looking at a few shops. Luckily for me, I have my 2003 SD on my wrist so my initial checks can be done by comparing to that. Just for peace of mind, I'd probably get it verified at an AD anyway (it's the price of a couple of ales in SG).

As John mentioned, there were a couple of decent places in Funan and BenCoolen with a few 16600 and 14060 in stock. I was offered a 2004 LV sub at a good price last weekend, savings easily allowing for the 100 SGD it would cost to get it verified at an AD.

There are dealers next to each other in Peoples park complex too, the smaller one was offering some very good deals without haggling too.

[alfaman]

digger_R said:

From what I've seen over the last week or two of hunting around for one in Singapore, 4000 should bag you a slightly older one with drilled lugs. Around 4500 should bag you a minter if you look at the right dealers.
Both prices are inc B&P from a dealer.

Feel free to PM me if your ND is a two liner and you're interested in moving it on in the next two weeks, I've been looking for one.

possibly a daft question but are you talking GBP or S$ ? ( hoping u mean $ - but that would seem good value for a 2nd hand SD )

[digger_R]

alfaman said:

ossibly a daft question but are you talking GBP or S$ ? ( hoping u mean $ - but that would seem good value for a 2nd hand SD )

If it were S$, I'd be coming back with a suitcase full of them

[XJSJohn]

digger_R said:

alfaman said:

ossibly a daft question but are you talking GBP or S$ ? ( hoping u mean $ - but that would seem good value for a 2nd hand SD )

If it were S$, I'd be coming back with a suitcase full of them

[alfaman]

digger_R said:

alfaman said:

ossibly a daft question but are you talking GBP or S$ ? ( hoping u mean $ - but that would seem good value for a 2nd hand SD )

If it were S$, I'd be coming back with a suitcase full of them

...I guess I should have thought about that a bit more before asking [dohhhh] .. or I would have a sure fire way of perpetually funding my monthly condo rent,a lambo purchase , plus return flights to the UK

.. given 2ND hand SD's in the UK are 4500GBP+

[dom9]

XJSJohn said:

Dom, all of the good dealers will have no issues in you taking it to Rolex on Orchard Road for verification of authenticity.

There is actually a not bad 2nd hand shop on 2nd floor of Lucky Plaza that does only Rolex that i have bought 2 from in the past, both have turned into good investments that were sold later for more than paid. (they are the only 2nd hand shop there, at one of teh far ends)

Visiotime in Republic Plaza is also very reputable. http://www.visiotime.com/

edit - also a nice shop on the 2nd (i think) floor of Funan Center, opposite the escalators at one end.

Hi JD, yeah, I've been to the ones in Lucky Plaza but everything on Orchard seems a little bit more exepensive than China Town, at least on initial/ pre-bargaining discussion!

Visiotime is hugely expensive! I looked at a few watches down there, previously and even deleted them from my favourites list as I could rarely find anyone more expensive!

digger_R said:

Hi Dom,

I'm just working in SG for a couple of months, I'll be heading back to Euroland at the end of July so I've been looking at a few shops. Luckily for me, I have my 2003 SD on my wrist so my initial checks can be done by comparing to that. Just for peace of mind, I'd probably get it verified at an AD anyway (it's the price of a couple of ales in SG).

As John mentioned, there were a couple of decent places in Funan and BenCoolen with a few 16600 and 14060 in stock. I was offered a 2004 LV sub at a good price last weekend, savings easily allowing for the 100 SGD it would cost to get it verified at an AD.

There are dealers next to each other in Peoples park complex too, the smaller one was offering some very good deals without haggling too.

I think it's the smaller one that I am thinking of and some deals seemed to be likely! In fact, I am fairly sure that the ones I looked at were sub GBP4k but that was last year, if not the better part of 2 years ago now. I just fancy something Sub-style, with a date but not the bubble... I'm also not a small man so like a bigger case, thus I think the SD is my ideal watch!

XJSJohn said:

digger_R said:

alfaman said:

ossibly a daft question but are you talking GBP or S$ ? ( hoping u mean $ - but that would seem good value for a 2nd hand SD )

If it were S$, I'd be coming back with a suitcase full of them

LOL - Yeah, GBP is right! I wish we could pay that in SGD or even USD! Havings aid that, I suspect it wasn't that long ago that we could! Thanks Rolex for putting your new prices up so much! Though, being I only paid GBP2,500 for my Sub, 5 years ago, I guess I've theoretically profitted.

Will maybe take a walk to China Town this weekend or even that Sunday Market at China Square, where they always used to have a lot of vintage and 2nd hand Rolex watches!

[XJSJohn]

dom9 said:

Visiotime is hugely expensive! I looked at a few watches down there, previously and even deleted them from my favourites list as I could rarely find anyone more expensive!

You can haggle there as many of the watches in there are on consignment, however it is usually collectors pieces rather than wearers pieces in there so you do get effectively a new watch for discount.

[dom9]

XJSJohn said:

You can haggle there as many of the watches in there are on consignment, however it is usually collectors pieces rather than wearers pieces in there so you do get effectively a new watch for discount.

'tis a valid point, my friend! I may wait until we are in London now, if there isn't a bargain to be had here as my 'final' payment from McDermott may be delayed until a week or two after we leave because of some sort of payroll incompetency! Cats are expensive to ship to Houston... Let alone a girlfriend + baggage!

[XJSJohn]

dom9 said:

my 'final' payment from McDermott may be delayed until a week or two after we leave because of some sort of payroll incompetency!

Singapore law, Company has to with hold the last months payment until either outstanding taxes have been paid or the person has found a new employer - its SG Gov way of ensuring that departing expats pay their taxes, the onus is put on the employer.

[dom9]

XJSJohn said:

Singapore law, Company has to with hold the last months payment until either outstanding taxes have been paid or the person has found a new employer - its SG Gov way of ensuring that departing expats pay their taxes, the onus is put on the employer.

McDermott pay my taxes so no real reason to withold payment from me... I think the fact that we get paid in USD out of Dubai means communication between HR here and payroll there becomes more complicated. If they aren't up-to-date paying my tax, I guess the government will catch up with them

[XJSJohn]

dom9 said:

XJSJohn said:

Singapore law, Company has to with hold the last months payment until either outstanding taxes have been paid or the person has found a new employer - its SG Gov way of ensuring that departing expats pay their taxes, the onus is put on the employer.

McDermott pay my taxes so no real reason to withold payment from me... I think the fact that we get paid in USD out of Dubai means communication between HR here and payroll there becomes more complicated. If they aren't up-to-date paying my tax, I guess the government will catch up with them

It doesn't matter - the monies are held back until Tax office has all monies owed to it in their coffers... the theory is that the closing balance cannot be calculated until your EP has been handed in.

[dom9]

XJSJohn said:

It doesn't matter - the monies are held back until Tax office has all monies owed to it in their coffers... the theory is that the closing balance cannot be calculated until your EP has been handed in.

Off topic but my point is... I hand my EP in on the 17th and they reckon it will take them a week or two to pay me... Couldn't they do it faster by paying the tax they owe (nothing comes out of my salary) on that day, or say a day later or 3 days or whatever... I think they just want to leave it until the normal pay roll...

Back on topic... that means I may have to wait to make this purchase - booo!

Will report back on prices if I head out for a look this weekend!

[dom9]

Ok, report back time...

Cheapest I have found is:

16600, Drilled lugs, good condition, no B&P at SGD$6,300 (GBP3,150) - seems good value.

Most expensive:

16600, Either lug style, B&P at SGD$8,300, which doesn't seem like bad value when some are as new.

Honestly, this one I would keep forever and I did no bargaining so the cheapest one, if I could take it down at around $6k, seems like a very good proposition and I could probably shift the combination of my ND and Spitfire for more than that...

Hmmm... Decisions, decisions!

[James McScotty]

I would check with US customs before shipping your watch collection there. They have peculiar import restrictions on watches.

[Vipers]

digger_R said:

From what I've seen over the last week or two of hunting around for one in Singapore, 4000 should bag you a slightly older one with drilled lugs.

Thought only the military ones have "non drilled", has the spec changed?

[andy tims]

Vipers said:

digger_R said:

From what I've seen over the last week or two of hunting around for one in Singapore, 4000 should bag you a slightly older one with drilled lugs.

Thought only the military ones have "non drilled", has the spec changed?

Pretty sure they all had drilled lugs until about 2001

Edited by andy tims on Sunday 15th July 22:20