What is the value of a nice 5508?

[Robert6632]

I have a 5508 I purchased new in 1966. How does one find someone to give a realistic price in order to post it for sale? Or is it better to contact a vintage Rolex dealer? I have photo's but see no way to attach them.

[arttay10]

HI Rob - I'd love to see pictures...

Your better off uploading your photo's to 'Photobucket' and then inserting them via the direct link...
I'm sure there are plenty topics/sticky's.. on here that you can read for guidence on uploading pictures...

[Orchi]

Originally Posted by Robert6632

I have a 5508 I purchased new in 1966. How does one find someone to give a realistic price in order to post it for sale? Or is it better to contact a vintage Rolex dealer? I have photo's but see no way to attach them.

Err Buddy Robert...Welcome to TRF...

Orchi is quite certain...the "Postmen" would be ringing your door bells...
soon...

[Robert6632]

I found out about Photobucket so here goes trying to add the pictures. http://s1121.photobucket.com/albums/l503/Robert6632/ That sort of worked, click on the url and it goes to the Photobucket site.

[Michael M.]

Welcome to TRF Robert! Post some pics!

[Michael M.]

Just see a question mark, post the link.

[Robert6632]

Maybe this way works, I've got the attachments showing.

Ah HAH, it works.

[yessir69]

Do you have the box, papers, etc? It would affect the price.

[Robert6632]

No papers, no box, just the watch. Bought it when I was in the Air Force and that was many moves ago with a side trip to Viet Nam.

[Dan2010]

Didn't the Sub always have a triplock crown??

[conrail]

Originally Posted by Dan2010

Didn't the Sub always have a triplock crown??

Not these old ones.

[lupus]

Mmm. Relumed?

[Robert6632]

The watch is original except for the crystal which was replaced by Rolex. It has NOT been relumed, The bracelet has been repaired. When I had it serviced several years ago, he thought he was doing me a favor and polished it.

[Jason71]

It sure looks like a relume. If not, the lume looks a little different.....especially on the 12 O'clock marker. Otherwise, looks quite nice.

[harry in montreal]

i think you are going to get a lot of folks dissecting the non-original parts to derive a value. its worth quite a bit. i would just put it in a proper auction and let it run its course. the dial looks to be touched-up at some point to make it glow int he dark. i dont know about that insert ring with the newish looking pearl. also the crown has been replaced. all this factrors detract from an all-original piece; which is what collectors truly want. you may need to open it up to learn more about it as well. its a nice watch. you should keep it as a family heirloom especially if you served with it in the war. harry

[Kringkily]

yeah the dial's been touched up cause it looks like someone was using white out and not clearly in the lines....

[pawnshopkiller]

7-11,000

[pawnshopkiller]

I almost bought one not to long ago. I decided to get my budget up and buy a better example than I was considering.

[Nicko]

Originally Posted by pawnshopkiller

I almost bought one not to long ago. I decided to get my budget up and buy a better example than I was considering.

[TempoKing]

I like this watch but I have no idea of the "right" price.

Vintage with all the fakes around have become off limits

As is..?
$8,000.- anymore than that and you are entering "terra incognita"

[Clay]

Definitely a relume....

[Michael M.]

Very nice watch, looks like a relume though.

[cruvon]

Not sure but if were to use Nikos(greekbum) easy valuation method, I would see what the individual parts would cost like the case, bracelet, dial, movement, etc. and then ask for a slight premium because they all belong to the same watch. Also if the dial is relumed that would affect the cost of the dial quite a bit so you need to make sure if it has never had a relume before. A watch with a never relumed dial would fetch you the market price.

[greekbum]

Originally Posted by Robert6632

I have a 5508 I purchased new in 1966. How does one find someone to give a realistic price in order to post it for sale? Or is it better to contact a vintage Rolex dealer? I have photo's but see no way to attach them.

This is a very good question and 1 that many have that have owned these watches for 30-40-50 years. Prices on this and all vintage models are all over the place.
Do you want to sell it to a dealer and get cash on the spot and be done with it in a few minutes?
Do you want to try and retail it yourself? An auction or a higher price than you want with or best offers may be your best option as you do not have a price in mind and it may take a number you like to sell?
Do you want to put it on consignment with a vintage dealer for 25-30% as to try and realize a higher price?

Originally Posted by cruvon

Not sure but if were to use Nikos(greekbum) easy valuation method, I would see what the individual parts would cost like the case, bracelet, dial, movement, etc. and then ask for a slight premium because they all belong to the same watch. Also if the dial is relumed that would affect the cost of the dial quite a bit so you need to make sure if it has never had a relume before.

I think you misunderstood a post I made about another watch and how I personally look at certain watches. It was not meant to be an easy valuation method by any means.This is not a parts watch

[cruvon]

Originally Posted by greekbum

I think you misunderstood a post I made about another watch and how I personally look at certain watches. It was not meant to be an easy valuation method by any means.This is not a parts watch

Sorry Nikos, meant that previous evaluation of the other watch by you in a good way in helping him judge the right price if is relumed . Didn't mean is a parts watch but if the dial has had a relume as many seem to infer, the sum of parts+ a premium because parts are all original to the watch would in my opinion help him to arrive at the right price or rightly put, a minimum price so that he doesn't get taken for a ride because of the dial. Offcourse if the dial has not been relumed, then he would be looking at the market price for the watch. That being said, finding the price of the individual items would require a bit of research on his part on the various forums though is an "easy" task for the experts, so you are right on that account and I take back that I said "easy" method:).

[greekbum]

Originally Posted by cruvon

Sorry Nikos, meant that previous evaluation of the other watch by you in a good way in helping him judge the right price if is relumed . Didn't mean is a parts watch but if the dial has had a relume as many seem to infer, the sum of parts+ a premium because parts are all original to the watch would in my opinion help him to arrive at the right price or rightly put, a minimum price. Offcourse if the dial has not been relumed, then he would be looking at the market price for the watch. That being said, finding the price of the individual items would require a bit of research on his part on the various forums though is an "easy" task for the experts, so you are right on that account and I take back that I said "easy" method:).

IMHO a re-lumed 5508 is *OK* with many collectors. It would not stop me from buying it! I do not want to confuse the OP with parts etc figures as for this watch is nonsense.I gave my opinions on options to sell above.

[cornerstore]

http://www.ebay.ca/itm/270793974575?...84.m1423.l2649
A recent sale on Ebay.

[Michael M.]

Originally Posted by patrick09

http://www.ebay.ca/itm/270793974575?...84.m1423.l2649
A recent sale on Ebay.

Looks nice!! But the bracelet is a later replacement (9315)