Just been offered a Rolex..help!

Just been offered a Rolex..help!

Author
Discussion

Lil' Joe

Original Poster:

1,548 posts

187 months

Wednesday 13th May 2009
quotequote all
Ok, I've just been offer this Rolex. Been told it needs a new crown as the thread had gone, and from the pictures it needs new glass to. He has been quoted £150 for a service + crown. Othert than crown issue all is working. It comes with a box and serial number and has told me he is open to offers.

So guys, is it worth it? I quite like it, especially if it was polished and fresh. What is it worth in mint, just serviced condition? What should I offer him, if anything? Over to you....smile



Asterix

24,438 posts

229 months

Wednesday 13th May 2009
quotequote all
Is it the angle of the image or does the face look slight rotated clockwise (pun intended wink)?

Lil' Joe

Original Poster:

1,548 posts

187 months

Wednesday 13th May 2009
quotequote all
I though that...scratchchin

chrisr29

1,251 posts

198 months

Wednesday 13th May 2009
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Probably worth a grand-ish all fixed up. I'd ofer a couple of hundred tops. You sure it's the thread in the crown that's shot? The male thread on the case doesn't look to clever in the pic. I'm guessing you'd need a new case if that was the problem.

964Cup

1,448 posts

238 months

Thursday 14th May 2009
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It's a 6694 manual-wind Rolex Oysterdate. I'm a little perplexed by the dial - gold batons and hands and T-SWISS-T rather than T-SWISS MADE-T I think places it in the 60's rather than 70's or later (the model ran from the 50's to the end of the 80's -- I have one of the last made), but I can't find another in a quick search that has the "Rolex" name so large in comparison to the "Oysterdate". Suggest you post the pic in Timezone or TZ-UK where you'll find real experts.

Unless it's super-rare, it's probably worth about £800 depending on the condition of the movement and bracelet. £150 sounds cheap for a Rolex service, so I assume that's a generic watchmaker's price? Get it identified first, as if it's rare and original you won't want the watchmaker substituting incorrect parts or anything like that.

Lil' Joe

Original Poster:

1,548 posts

187 months

Thursday 14th May 2009
quotequote all
Thanks for the help. I seem to have been removed from TZ rolleyes Maybe someone wouldn't mind posting it up there for me?

Timezone - whenever I put that into the address bar it takes me to time and date.com?

I might try and offer him £200 ish without service and then deal with it myself. Does that sound sensible? What I mean is, it's not fake so add on a decent service repair to the purchase price and I'm looking at around £500 ish maybe? Are spares etc expensive?

I'll ask for the serial numbers and post them up here too.

Thanks again guys, I love this part of PH, so useful...although expensive biggrin.

Edited by Lil' Joe on Thursday 14th May 08:16

toohuge

3,434 posts

217 months

Thursday 14th May 2009
quotequote all
What you could do, is to say to the seller that you would purchase the watch after a service. Agree a price of say 500 before the service. Pay the seller 150 to have the watch serviced. If the service goes well etc then you will give him the rest of the money. If not then you have lost 150 and not a whole lot more.

AlexKP

16,484 posts

245 months

Thursday 14th May 2009
quotequote all
In very good working order that watch is worth around £750-850.

As it is, it is probably worth around £350-450 - but get a check on the repair costs first if you can.

I doubt very much if the seller will accept £200 - I wouldn't.

Lil' Joe

Original Poster:

1,548 posts

187 months

Thursday 14th May 2009
quotequote all
OK, so maybe £350 sound fairer?

chrisr29

1,251 posts

198 months

Thursday 14th May 2009
quotequote all
Tell him to take it to a dealer! They'll kick him in the bks and offer peanuts.

Seriousely. Offer £200 tops. If he don't like it he can always pay out to get it repaired himself.

Lil' Joe

Original Poster:

1,548 posts

187 months

Thursday 14th May 2009
quotequote all
chrisr29 said:
Tell him to take it to a dealer! They'll kick him in the bks and offer peanuts.

Seriousely. Offer £200 tops. If he don't like it he can always pay out to get it repaired himself.
hehe

Great. Crap, ridiculously under value offer it is then.

GC8

19,910 posts

191 months

Friday 15th May 2009
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anonymous said:
[redacted]
£350 is high for a poor 6694 Precision, in my opinion.

Lil' Joe

Original Poster:

1,548 posts

187 months

Friday 15th May 2009
quotequote all
OK, new offer from someone else. He is interested in swapping my Omega..



for this...

http://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&am...

..plus £200-ish. Just been serviced etc in January 09. Good deal?

AlexKP

16,484 posts

245 months

Saturday 16th May 2009
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He wants your Omega plus £200?

Hmmm....

A Tudor isn't recognised as a "real" Rolex. Nothing wrong with them, but values are generally considerably less. They do not use a Rolex movement - they have an ETA movement.

Personally I would prefer your Omega. Why not save up about £700-800 and buy a really nice Rolex Oyster Precision?

My first "prestige" watch was a Precision - lovely black dial with gold markers, stainless steel and on a genuine bracelet. Wish I'd kept it to be honest.

Here you go - offer £700 and I'd bet you'll get it:
http://cgi.ebay.co.uk/Rolex-Oyster-Precision-Stunn...

Lil' Joe

Original Poster:

1,548 posts

187 months

Saturday 16th May 2009
quotequote all
I did not know that about Tudors. In which case I think you are right, I will keep the Omega. To be honest what I am after really is a slightly more 'dressy' watch, so I can use the Omega daily and the Rolex (or other) for high days and holidays (read weekends/evenings).

Thanks for the advice.

smile

GC8

19,910 posts

191 months

Saturday 16th May 2009
quotequote all
I dont think he is that far out. Clean Rose Tudors will sell for £350 on the right day, sometimes more. I might be tempted, but I do have a cupboard full of old Omegas...

GC8

19,910 posts

191 months

Saturday 16th May 2009
quotequote all
With regards to 6694 Precisions: their value is affected by the sterling US dollar exchange rate and thats taken a pounding lately. Theyre commonly sold in US$ and they sell for between $1,000 and $1,300. Last year that equated to about £550 - £600 for a nice one: now thatll be closer to £800.

Lil' Joe

Original Poster:

1,548 posts

187 months

Sunday 17th May 2009
quotequote all
I think that confirms it then, I'll wait. Thanks guys. smile

ALawson

7,817 posts

252 months

Sunday 17th May 2009
quotequote all
Can anybody confirm what model this is, I shall be taking it to DomH when he is back.

Does anybody know how how much a replacement s/s and yellow gold jubilee bracelet is?



It needs a service!!!

GC8

19,910 posts

191 months

Monday 18th May 2009
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GC8 said:
I dont think he is that far out. Clean Rose Tudors will sell for £350 on the right day, sometimes more. I might be tempted, but I do have a cupboard full of old Omegas...
Sold for £410: youd have done quite well out of that.