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16 April 2012, 03:13 AM | #1 |
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Market Value For A 1675?
Hey all.
After deliberating for some weeks about a new/newer model Rolex, and not actually buying anything, I've finally realized why--I really love the vintage Rolex models. As much as I would love to buy a newer 16610, or 16710, there's something about the 1675's, and 1680's that draws me to them. So as to my title post, what should I expect to pay for a 1675? Checking the Classifieds forum, prices seem to be all over the place from $5600 to $3400. I understand that condition, original parts, patina, etc., plays a role in the price, but what would be a realistic price for a good condition 1675 on an Oyster bracelet? Your opinions on this is greatly appreciated, especially since I'm located in Canada, and may have to shop in America to find what I want. |
16 April 2012, 03:22 AM | #2 |
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For a nice condition original late 1960's-1970's 1675 on nice oyster bracelet expect to pay anywhere in the low to mid $4,000 range.
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16 April 2012, 04:16 AM | #3 |
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There are so many variables, but if you want solid retail pricing I always check with this site:
http://www.hqmilton.com/index.php |
16 April 2012, 04:38 AM | #4 |
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For a good clean example in the UK the cheapest you're going to pay is £3k or $4.5k.
No $3k 1675s here. |
16 April 2012, 04:56 AM | #5 |
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$4-5k range. More if you find box and papers complete package.
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16 April 2012, 05:11 AM | #6 |
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I am the original owner of my 1977 1675 with all the boxes and papers. I just turned down an offer of $5,500.00. There are hundreds out there with no owner or maintenance history and no original boxes and paper. Those you can buy for 3K-4K. What are you looking for? You get what you pay for. A complete service on one without any parts will run around $700.00. You must take that into consideration if the seller knows nothing about the service history.
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16 April 2012, 07:09 AM | #7 |
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if you see a good one for 3500 you cant go wrong. the new prices of these GMTC's from rolex are insane. i still think that the explorer 2s are a tremendous deal at about 3k for a quickset.
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16 April 2012, 07:11 AM | #8 |
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I never seen one for 3.5K . . .
Hope to do one day ;-) HANS |
16 April 2012, 08:26 AM | #9 | |||||
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Quote:
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I know the UK has a higher cost of living, but I'm not sure why we see higher prices in Canada, except perhaps because so few examples turn up here, and many collectors would like to avoid cross-border shopping. Thanks, Eric88. Averaging out completed eBay auctions gives that price range. I'm hoping to buy from the classifieds here, but the prices being asked can be a couple thousand apart for identical examples. Quote:
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I've been on the hunt for a 1990-1992 model. There's one for sale on eBay Canada, but the seller is convinced it's worth $5200 Here's a couple: Steel and gold: https://www.rolexforums.com/showthre...highlight=1675 And here, the seller states right up front, this one is a beater: https://www.rolexforums.com/showthre...highlight=1675 I respect him for his honesty. |
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16 April 2012, 10:56 AM | #10 |
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Based on those pictures, especially the Pepsi, you better add about $1,500 to your budget. The bracelet on that Pepsi is rough.....
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16 April 2012, 11:13 AM | #11 | |
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I wasn't considering it, but presenting it as an example. I'm sure it can be cleaned up, and made presentable, but in that situation you might as well buy one in better nick. |
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16 April 2012, 12:51 PM | #12 | |
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It's just that the market ( people ) in those places place a higher value on these items then say , US ( demand and supply ) |
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16 April 2012, 12:59 PM | #13 | |
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I think because prices for everything in the UK are higher, then the prices for pre-owned watches are as well. There is no difference between a USA based 1675, and a UK based 1675, except what the seller is charging. Conversely, you're hard pressed to find a 1675 here in Canada, and only a couple of online dealers have examples, and they're both charging close to $6000 CDN. |
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16 April 2012, 01:20 PM | #14 | |
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I hear you bu I would still say its demand driven.
Blowers is not going to sit with that lot forever - so either they will discount or it moves. Lot of things are cheaper in the US , but my theory is that ( besides the tax differential ) it can only be because that's what people are willing to pay. If Rolex sold no watches in Europe for a year or two , I am sure they would adjust the prices ( no matter how important the Asian markets are to them ). Same for cars etc. Quote:
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16 April 2012, 11:11 AM | #15 |
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Hello Paul, based on my experience with GMT's, which is one of my favorite Rolex watches, a nice 1675 from the mid to late 1970's can be found for around $4500 based on the watch having original parts and in good working order. You could go 10% either way in price though, based on the seller and condition of the watch.
A nice, complete 1970's GMT 1675 with the original warranty paper, box, booklets and accessories sell in the $6,000 range, and higher. These figures are a guide, but deals can be found here on the forum and elsewhere. Prices can also be higher for a quality watch. As you noted in your original post, there are many factors which need to be considered before you purchase. The attached photo is my 1970 GMT 1675. Good luck.
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16 April 2012, 11:17 AM | #16 | |
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It's surprising how the prices have risen on the 1675, and 16750, and matched 1680 price levels. The old Subs always used to outpace the GMT's, but they're getting to be neck-and-neck. |
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16 April 2012, 11:23 AM | #17 |
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The prices are closing in, but the Submariner is still a little more expensive in most instances.
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16 April 2012, 12:10 PM | #18 |
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I know I'm in the minority here but I have no problem with the 1675 luminova service dial. I've got 2 1675s, one having a service dial, and I wear it most often. I should note that while I love the soft cream patina color, I personally don't get the attraction of flaking dials, faded dials and corroded hands. This is certainly personal preference, and I repeat that I know I am in the great minority here, but I like the clean aesthetics and the night visibility of the service dials and they are usually hundreds cheaper. Just as long as they are authentic Rolex. Now I'm ready for my beating...
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16 April 2012, 01:02 PM | #19 | |
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Quote:
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16 April 2012, 01:02 PM | #20 |
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middle of the fairway specimens I have seen from high 3K to low 4k range.. the one's with just the most unpolished case and beautiful and even patina and without paper.. high 4k to low 5K.. with complete set.. 6-7K area. These are good first hand cuff. 1675s are special.. when you see the right one.. grab it!
Good luck there, Fred |
16 April 2012, 01:05 PM | #21 | |
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Right now my main concern is a good dial, and a case that hasn't been polished to death. If everything else is a bit rough, I know a service by Rolex Canada will bring to nicer condition. They do excellent polishing, and a set of replacement hands, and a new bracelet would be an option as well, simply because Rolex Canada does return old parts. |
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16 April 2012, 01:11 PM | #22 | |
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I saw one like this.. and I grabbed it. Just a fresh and clean piece: |
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17 April 2012, 01:25 AM | #23 |
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17 April 2012, 01:44 AM | #24 |
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16 April 2012, 01:31 PM | #25 |
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I have been to every watch show I can possibly go to this year and have not seen any nice cheap 1675's. The cheapest I have seen are on the forums. For all those that think prices are high I suggest to go to an IWJG show and see what they are asking at the show. Most dealers there are over 5k for an average 1 at best
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17 April 2012, 01:29 AM | #26 | |
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It's becoming clear that the classifieds here are my best bet. |
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17 April 2012, 01:45 AM | #27 |
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If you tell Jacek what you are looking for and he find sit you could fly to San Fran and pick up the watch and enjoy a great weekend in the city and then fly home...............
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17 April 2012, 02:44 AM | #28 |
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17 April 2012, 03:09 AM | #29 |
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Good luck with your search Paul, it took me over a year to find the right one and I found it here on TRF. I certainly wasn't the cheapest 1675 I'd seen but it was love at first sight and well worth the hours put in to find.
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17 April 2012, 09:13 AM | #30 | |
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In collecting the only thing better than the find, is the search! |
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