Refurb or leave a 1965 Rolex?

[Nikolai]

Looking for some opinions on what to do with my 1965 Rolex Oyster Perpetual Air King Date. Its been well worn and has scratches on the glass, and the back has been engraved with 'to (name) from the (name) family'. A place near me will refurb and service, including microwelding the case back to remove the engraving for £650. Although this seems reasonable for this type of work, it is a lot of money to spend to then be uncertain of its final resale value.

Do you think its current condition would mean its going to end up going for relative peanuts on eBay, and I would be better off paying for the service and repairs, or is the originality preferred?

Thanks

[Nikolai]

It was inherited but from a chain of the family I never knew and it has no sentimental value. It's not the sort of thing I'd ever wear so essentially I'm just storing it in a cupboard for years until I guess I just give it to my son who is only 4. Seems more sensible for someone else to get enjoyment out of it and I can use the money on something that's more beneficial to my family.

So I'm looking to sell it.

Edited by Nikolai on Saturday 13th February 10:50

[Nikolai]

I have looked at sold prices of this watch on eBay which is my only barometer of value so far. It does have original box and paperwork.

I suppose even if it doesn't get refurbished it at least needs to work, so if it doesn't tell the time that is the minimum that needs to be fixed, even if the new owner wants the engraving removed that's up to them.

[Nikolai]

bristolbaron said:

For clarity, you are planning to sell the watch and want to know if you’ll achieve a selling price at least £650 higher by refurbishing it first?

Yes, and if sellability is affected by either not servicing or getting it serviced.

[Nikolai]

Thanks for the above all. Have wound the spring and it's all working fine, ticking away nicely. I think a service and new glass is a sensible thing to do. Especially as the glass scratches leave shadows across the face. Test wearing it now to make sure it's not for me.