Rolex, what`s it worth?
Rolex, what`s it worth?
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Discussion

ukcerb

Original Poster:

401 posts

219 months

Tuesday 5th April 2011
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The initial message was deleted from this topic on 16 April 2011 at 22:17

johnfm

13,746 posts

274 months

Tuesday 5th April 2011
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Well, if it was my dad's I'd say it was priceless.

RichB

55,436 posts

308 months

Tuesday 5th April 2011
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Indeed, I guess you're asking for insurance purposes because I'd be pretty annoyed to think son flogged off my JLC after my death.

worsy

6,494 posts

199 months

Wednesday 6th April 2011
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Get it serviced and it'll come back like new.

johnfm

13,746 posts

274 months

Wednesday 6th April 2011
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worsy said:
Get it serviced and it'll come back like new.
Though might be 'worth' more in its original state.

Depends if you want an insurance value or want to sell it.

ApexJimi

27,213 posts

267 months

Wednesday 6th April 2011
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johnfm said:
Well, if it was my dad's I'd say it was priceless.
Correct yes

ukcerb

Original Poster:

401 posts

219 months

Saturday 9th April 2011
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Sorry for late reply but thanks to all who posted.
It certainly is priceless to me, I remember my Dad wearing the watch as it often used to catch the hairs on his wrist and he would shake it to release them! I would never sell it but I would like to know what it`s worth. Interesting that some think it may be better to leave as is. I have been quoted £30 for a new screen which I will probably have done as I like wearing it.

NDA

24,938 posts

249 months

Sunday 10th April 2011
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Whilst value is ultimately irrelevant given it's history, restoring it would destroy it's value. I'd be tempted to leave as is.

Dominic H

3,288 posts

256 months

Sunday 10th April 2011
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Tim,

If you want an idea of the value of your Dad's watch, post the model number and the first 2 numbers of the serial number (to confirm year of manufacture). A couple of photos would help too.

The model number is engraved onto the case side at 12 o'clock, the serial number is engraved onto the case at 6 o'clock. The numbers are not visible with the bracelet in place. The bracelet is very simple to remove, it's help in place by a spring bar. To release the bar, push a pin into the hole visible on the side of the case. Do this both sides and ease the bracelet out. If you post the info, then we'll have a much better idea of determining the value of the watch.

Dom H

ukcerb

Original Poster:

401 posts

219 months

Sunday 10th April 2011
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Dominic H said:
Tim,

If you want an idea of the value of your Dad's watch, post the model number and the first 2 numbers of the serial number (to confirm year of manufacture). A couple of photos would help too.

The model number is engraved onto the case side at 12 o'clock, the serial number is engraved onto the case at 6 o'clock. The numbers are not visible with the bracelet in place. The bracelet is very simple to remove, it's help in place by a spring bar. To release the bar, push a pin into the hole visible on the side of the case. Do this both sides and ease the bracelet out. If you post the info, then we'll have a much better idea of determining the value of the watch.

Dom H
Well taking off the strap was tricky but gave me the chance to clean that area.
The model no is 5500 and the first two numbers of serial no are 97.
I have to wait till my son is here to help with posting pictures but if it helps the face is black and the hour hand has a design on it like Mercedes badge.
What is your opinion on having the glass replaced? It is lightly scratched I suppose through usage but nothing very deep.
Regards Tim

toohuge

3,469 posts

240 months

Sunday 10th April 2011
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Thanks Tim. I am sure that some of the Rolex buffs will be along soon to let you know where you stand.

I personally would not replace the glass. I would keep it standard. More sentimental value, hopefully you can pass it on to your son one day. smile

LukeBird

17,170 posts

233 months

Sunday 10th April 2011
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I do like those old Explorers! thumbup

In the ad that Nem posted, how good does that Sub look (especially so with the numbered indices); where did Rolex go wrong?

ukcerb

Original Poster:

401 posts

219 months

Wednesday 13th April 2011
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Thanks again for all the replies. In view of replies I will leave the screen as it is. Interesting reading about the history of the watch. What a mine of info!

ukcerb

Original Poster:

401 posts

219 months

Thursday 14th April 2011
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Here is a picture of Rolex as promised. Also a couple of other watches in my collection. The one on the chain was a present from my wife and the smaller pocket watch, which was one from my Dad`s collection, I have just had repaired as the screen was broken Any comments most welcome.

al1991

4,552 posts

204 months

Thursday 14th April 2011
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Looks lovely.

My personal point of view, whether you value it or not, don't mess with it and keep it.

Look at all those battle scars and smile knowing the great times your dad had wearing that watch.

yeti

10,523 posts

299 months

Thursday 14th April 2011
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In my opinion there's no point keeping a watch scruffy just for the sake of it! It's not a Le Mans winning Bentley or anything!

No need to replace anything, just have what there is lightly polished, including the crystal - it's acrylic so will come up very well, all but deep scratches will disappear. Just don't let anyone touch the dial! I'd also consider sourcing a light oyster link bracelet, preferably a rivetted one, they come up on eBay every now and again. Yours is wearing a Jubilee, it is a correct optional bracelet but the oyster is preferred and looks better.

5500 is a lovely watch, shame it isn't a 1016 which would have had 'Superlative Chronometer Officially Certifed' and from memory have a 36mm case instead of 34mm.

FYI, a tidy one will ask this kind of cash http://www.watches.co.uk/watch/9698s/rolex-vintage... and probably get a little bit less. Privately, £2800-3k is probably right.

Values are only going up, if you don't need to sell it... then don't!

RichB

55,436 posts

308 months

Thursday 14th April 2011
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yeti said:
In my opinion there's no point keeping a watch scruffy just for the sake of it! It's not a Le Mans winning Bentley..!
That would be my view too, get it serviced and polished...