ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
|
18 September 2012, 08:26 AM | #1 |
Member
Join Date: Nov 2007
Real Name: Michael
Location: The Washingtons
Watch: 116710LN
Posts: 75
|
Should I buy this watch?
Hey folks, I'm a long time lurker but first time poster. I have a friend who wants to sell his 95 stainless steel sub. He took care of it in all other ways but he's never had it overhauled. Would this be a poor purchase or a good one? Price is competitive and not really a factor as I would be helping out a friend. This would be 1/2 of my ultimate stainless sub and gmt stable I'm saving for. I turn it loose to all you Rolex experts. . .
|
18 September 2012, 08:29 AM | #2 |
"TRF" Member
Join Date: Jun 2009
Real Name: Brian
Location: Northern Virginia
Watch: One of Not Many
Posts: 17,892
|
Not sure how we can help? No images, no description of condition, does it have the box and papers? How did you determine the price was competitive?
__________________
IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock |
18 September 2012, 08:45 AM | #3 |
Member
Join Date: Nov 2007
Real Name: Michael
Location: The Washingtons
Watch: 116710LN
Posts: 75
|
Yes, it has box and papers. I've searched for prices of similar models from that year and it's comparable. Maybe a little high but I'd save several thousand and help a friend out. I've held the watch, worn it, and examined it and it's in excellent condition. My only concern is the fact it's been a daily wearer and never overhauled.
|
18 September 2012, 09:17 AM | #4 | |
TRF Moderator & 2024 SubLV41 Patron
Join Date: May 2007
Real Name: Larry
Location: Mojave Desert
Watch: GMT's
Posts: 43,515
|
Quote:
You should expect to get it properly serviced if you want it to be it's freshest and most "like new". This may be a negotiating point, but don't expect to deduct your cost for a service as a condition to buy.. Service is up to you, not to him..
__________________
(Chill ... It's just a watch Forum.....) NAWCC Member |
|
19 September 2012, 03:27 AM | #5 | |
"TRF" Member
Join Date: May 2009
Real Name: steve
Location: dallas area
Watch: 50's TT t-bird
Posts: 3,689
|
x2
Quote:
|
|
18 September 2012, 08:52 AM | #6 |
"TRF" Member
Join Date: Feb 2012
Real Name: Willie
Location: Parkland,Fl.
Posts: 4,829
|
It should be overhauled you need to add the cost of that to the price of the watch. An overhaul could be pricey.
|
18 September 2012, 09:52 AM | #7 |
2024 Pledge Member
Join Date: Oct 2011
Real Name: Seth
Location: nj
Watch: Omega
Posts: 24,834
|
I'm probably wrong, but it kinda sounds like he is taking advantage of you.
You said yourself: it's a little high based on your research. You also say that you'd be helping a friend. What about him also helping you and you both make out?
__________________
If happiness is a state of mind, why look anywhere else for it? IG: gsmotorclub IG: thesawcollection (Both mostly just car stuff) |
18 September 2012, 09:58 AM | #8 |
"TRF" Member
Join Date: Jul 2011
Real Name: Gunter
Location: AL/NJ
Watch: DSSD; 116610LN
Posts: 5,509
|
If its about 20 years old and never been serviced you should factor in more than the normal $550. In my experience even if it running OK there will be more worn parts than a normal service. I say this because my uncle waited 20 years to service his DJ and it was $1k ish. My mom waited 23-24 years to service her DJ but it stopped. There was some damage to the movement and the service from Rolex was 3x what the watch was new. Also I make it a point not to buy large purchases like that from friends. If something goes wrong then a friendship can be ruined. Also if the price is "a little high" as you say why buy it? Plenty of Subs out there for sell.
|
19 September 2012, 03:42 AM | #9 | |
"TRF" Member
Join Date: Jul 2010
Real Name: Matthew
Location: Miami/NY
Watch: the shoes.
Posts: 3,482
|
Quote:
|
|
19 September 2012, 07:05 AM | #10 | |
2024 SubLV41 Pledge Member
Join Date: May 2009
Real Name: Larry
Location: So Cal
Watch: Rolex GMT 1675
Posts: 5,087
|
Quote:
|
|
18 September 2012, 10:12 AM | #11 |
"TRF" Member
Join Date: Aug 2009
Location: USA
Posts: 19,706
|
So what do you think?
|
18 September 2012, 10:38 AM | #12 |
Member
Join Date: Sep 2012
Location: Arlington, tx.
Posts: 35
|
17 years without a service isn't taking care of the watch. Rolex recommends the watch be serviced every 24 months which is the life of the oil. To compare would be like driving your car and not changing the oil for 50,000 miles.
|
18 September 2012, 10:45 AM | #13 | |
2024 SubLV41 Pledge Member
Join Date: Apr 2008
Real Name: jP
Location: Texas
Watch: GMT-MASTER
Posts: 17,319
|
Quote:
I just had a 1970 GMT serviced for the first time and it was in outstanding condition according to my watchmaker. I had no issues with it upon its return to me.
__________________
Member of NAWCC since 1990. INSTAGRAM USER NAME: SPRINGERJFP Visit my Instagram page to view some of the finest vintage GMTs anywhere - as well as other vintage classics. |
|
18 September 2012, 10:54 AM | #14 |
"TRF" Member
Join Date: Dec 2011
Real Name: Alan
Location: Connecticut
Watch: 114270 16710B
Posts: 1,062
|
Your question is hard to answer - you say the price is comparable but also that it is a bit high. It also sounds like your desire to help your friend is complicating what should be a calculated decision (to the the extent buying a Rolex can be a calculated decision only).
I think if you want to help your friend, then buy the watch, understanding that you may be paying more than if you bought a similar watch from a stranger. On the other hand, the fact you helped your friend, might make the watch more valuable in your eyes. Only you can decide whether it's worth it. |
18 September 2012, 10:58 AM | #15 | |
"TRF" Member
Join Date: Apr 2008
Real Name: Tom
Location: In a race car!
Watch: ME RACE PORSCHES
Posts: 24,123
|
Quote:
Yep |
|
18 September 2012, 11:23 AM | #16 |
Member
Join Date: Sep 2012
Location: Arlington, tx.
Posts: 35
|
Do you have that in writing? From Rolex?
|
19 September 2012, 03:30 AM | #17 |
Banned
Join Date: Nov 2010
Location: Kingstown
Posts: 58,279
|
|
19 September 2012, 06:56 AM | #18 |
2024 SubLV41 Pledge Member
Join Date: Apr 2008
Real Name: jP
Location: Texas
Watch: GMT-MASTER
Posts: 17,319
|
Engraved on all my Rolexes - factory engraved. You need a microscope to read it.
__________________
Member of NAWCC since 1990. INSTAGRAM USER NAME: SPRINGERJFP Visit my Instagram page to view some of the finest vintage GMTs anywhere - as well as other vintage classics. |
18 September 2012, 12:56 PM | #19 |
"TRF" Member
Join Date: Jul 2011
Real Name: Gunter
Location: AL/NJ
Watch: DSSD; 116610LN
Posts: 5,509
|
That is wrong. Rolex does not recommend service every 24 months. I have plenty of rolex service booklets. Rolex recommends every 5 years. I'd say most on here service every 6-7 years.
|
19 September 2012, 03:51 AM | #20 |
"TRF" Member
Join Date: Jul 2012
Real Name: Steve
Location: San Angelo, TX
Watch: Rlx,Omega,JLC,Breg
Posts: 1,699
|
That's over twice as often as they recommend
__________________
|
19 September 2012, 07:31 AM | #21 | |
Banned
Join Date: Aug 2011
Real Name: Mickey®
Location: Atlanta, GA
Watch: Swiss Made
Posts: 5,801
|
Quote:
Someone tell me he is wrong so I don't have to sell my watches... |
|
18 September 2012, 11:00 AM | #22 |
Banned
Join Date: Apr 2011
Real Name: Mario
Location: USA / NZ
Watch: All sorts
Posts: 799
|
Oil quality changes as it does in the Automotive industry.
I see it as what movement it is, as some need more attention than the "Old Workhorses" Less frictionpoints and beats mean less wear. Certainly the enviroment in which the watch is worn has a influence too. |
18 September 2012, 11:21 AM | #23 |
"TRF" Member
Join Date: Aug 2007
Real Name: Rob
Location: Sydney, Australia
Watch: Rolex & Omega
Posts: 697
|
price??
|
18 September 2012, 11:25 AM | #24 |
"TRF" Member
Join Date: Dec 2008
Real Name: Raja
Location: Connecticut
Posts: 951
|
By providing the price you'll help us give you some direction on this deal
|
19 September 2012, 03:53 AM | #25 | |
Banned
Join Date: Oct 2008
Real Name: Greg Dolley
Location: Los Angeles
Watch: Rose Gold Daytona
Posts: 1,283
|
Quote:
My Dad just serviced his explorer after 30 years, and it just cost the regular overhaul price. --- RG Daytona, Tissot PRS 516 Automatic --- |
|
19 September 2012, 04:29 AM | #26 |
Member
Join Date: Sep 2010
Location: Minnesota
Watch: Rolex and Tudor
Posts: 369
|
I'm no expert but I'll throw my 2 cents in. As other's have said it's way overdue for a service. I would ask your friend to split the cost of it with you.
|
19 September 2012, 05:21 AM | #27 |
Member
Join Date: Nov 2007
Real Name: Michael
Location: The Washingtons
Watch: 116710LN
Posts: 75
|
Thanks for all the replies. I agree with a poster who said that not having it overhauled was "not taking care of the watch". I'll keep saving for a new gmt c as originally planned. When I do buy I'll make sure to post some pictures, I certainly enjoy all of yours.
|
19 September 2012, 06:28 AM | #28 | |
"TRF" Member
Join Date: Jun 2007
Real Name: Patrick
Location: Texas
Watch: what I'm wearing
Posts: 5,943
|
Quote:
BTW my Rolex manuals say 5 years. Does this mean I have in writing from Rolex?
__________________
TRFs "AFTER DARK" Bar & NightClub Patron-Founding Member PClub # 10 74,592 The safest place for your watch is on your wrist. |
|
19 September 2012, 09:57 AM | #29 | |
"TRF" Member
Join Date: May 2012
Real Name: Leslie
Location: Canada
Watch: 14000, 116710
Posts: 465
|
Quote:
|
|
19 September 2012, 10:48 AM | #30 | |
2024 Pledge Member
Join Date: Oct 2011
Real Name: Seth
Location: nj
Watch: Omega
Posts: 24,834
|
Quote:
__________________
If happiness is a state of mind, why look anywhere else for it? IG: gsmotorclub IG: thesawcollection (Both mostly just car stuff) |
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.