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bmarsh · 1 January 2016, 02:59 AM

I have a vintage ladies Rolex inherited by my wife. It's a 98469 14kt. White gold and diamond 17 jewel with a 14kt. White gold and diamond link bracelet.

The last appraisal we found was done 1-8-93, valued it at $2500 fo insurance. Have the prices changed very much or is that pretty accurate still?

Also were these types of watches have names or were they identified by number?

Thanks for your help.

Brian

Tools · 3 January 2016, 07:08 AM

Insurance appraisals are almost always for replacement value and not market value.

Market value is likely much less, replacement value could be more..

TheBluePrince · 3 January 2016, 07:23 AM

The name would generally be "Cocktail watch", i don't think they had individual names or refs back then. That seems a fair assessment. You can pick these up for $2000-3000 retail.

bmarsh · 3 January 2016, 10:57 PM

Thanks for your replys. No sense in spending extra money to update if the value is about the same. Thanks.

1 January 2016, 02:59 AM	#1
bmarsh "TRF" Member Join Date: Jan 2016 Location: FL Posts: 2	Do I need to update appraisal? Help Id? I have a vintage ladies Rolex inherited by my wife. It's a 98469 14kt. White gold and diamond 17 jewel with a 14kt. White gold and diamond link bracelet. The last appraisal we found was done 1-8-93, valued it at $2500 fo insurance. Have the prices changed very much or is that pretty accurate still? Also were these types of watches have names or were they identified by number? Thanks for your help. Brian Attached Images

3 January 2016, 07:08 AM	#2
Tools TRF Moderator & 2024 SubLV41 Patron Join Date: May 2007 Real Name: Larry Location: Mojave Desert Watch: GMT's Posts: 43,515	Insurance appraisals are almost always for replacement value and not market value. Market value is likely much less, replacement value could be more.. __________________ (Chill ... It's just a watch Forum.....) NAWCC Member

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3 January 2016, 07:23 AM	#3
TheBluePrince "TRF" Member Join Date: Dec 2009 Location: London Posts: 2,081	The name would generally be "Cocktail watch", i don't think they had individual names or refs back then. That seems a fair assessment. You can pick these up for $2000-3000 retail.

3 January 2016, 10:57 PM	#4
bmarsh "TRF" Member Join Date: Jan 2016 Location: FL Posts: 2	Thanks for your replys. No sense in spending extra money to update if the value is about the same. Thanks.

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