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Old 13 October 2010, 09:20 PM   #1
akshay
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Should I pay $5,500 for this? Bargained down from $6k but still reluctant...

1803 President... bracelet looks pretty messed up tho which is what makes me .

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Old 13 October 2010, 09:24 PM   #2
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The replacement for that bracelet will cost you a pretty penny. I would factor the price for the replacement and any other maintenance the watch may need into this decision and I would look around a bit and compare before I made this purchase.
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Old 13 October 2010, 09:31 PM   #3
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I think you've already answered your question.
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Old 13 October 2010, 09:33 PM   #4
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I would look at it like this. The bracelet for around $1000.00 can be rebuilt and will be tight assuming all of the link are there and they are not dinged etc.Another way to look at this is you can sell the bracelet for scrap gold and keep the watch head and wear it on a strap. The bracelet should scrap for around $1900-$2200 depending on the number of links.What condition is the case,dial, hands,and movement in as this would be the main factor knowing the bracelet is stretched already? 1803 heads go for 3k and up. A few months ago I sold a Mint 1803 with a rebuilt tight bracelet and a fresh service for $5700.00
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Old 13 October 2010, 09:35 PM   #5
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Old 13 October 2010, 11:32 PM   #6
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I considered similar a couple of months ago & backed out.

At the time I had a conversation with RSC Bexley who said that Rolex no longer service a 'well used' president bracelet but offer 50% part-exchange / trade-in on a new replacement, at the time that 50% would have been circa £3500 + vat

Hope this helps
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Old 14 October 2010, 12:04 AM   #7
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Pass many better choices for a little more money.
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Old 14 October 2010, 01:00 AM   #8
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No way, walk away
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Old 14 October 2010, 01:15 AM   #9
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Looks like crap.
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Old 14 October 2010, 01:29 AM   #10
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go with your instincts that you just wrote. dont do it.
Quote:
Originally Posted by akshay View Post
bracelet looks pretty messed up tho which is what makes me .

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Old 14 October 2010, 02:53 AM   #11
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I'd hold out for something in better shape
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Old 14 October 2010, 04:33 AM   #12
akshay
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Pass many better choices for a little more money.
Could u point me in the right direction? Only other choices I see are those costing $9k upwards... not quite within my budget.
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Old 14 October 2010, 04:47 AM   #13
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Quote:
Originally Posted by akshay View Post
Could u point me in the right direction? Only other choices I see are those costing $9k upwards... not quite within my budget.
May I suggest a WTB ad stating exactly what you want to buy and what you are willing to pay.Be very specific.There are 1,000 of non quick and single quick presidents sitting in jewelry stores not moving at the moment.
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Old 14 October 2010, 05:13 AM   #14
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No that bracelet has had it and will cost a fortune to replace. Walk away imho.
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Old 14 October 2010, 05:40 AM   #15
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$4000-$4500, no more
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Old 14 October 2010, 06:10 AM   #16
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Bracelet looks like a write-off to me. I'd pass, no telling how much to restore it...
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Old 14 October 2010, 06:22 AM   #17
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If you can get it down to 5, I would scrap the bracelet and just stick it on a nice leather.
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Old 14 October 2010, 06:37 AM   #18
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Forget it. Bracelet has too much stretch...
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Old 14 October 2010, 07:10 AM   #19
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180 grams of 18k gold is £3600.00 $5500 equates to £3470.00 Mmn how about buying the watch, scrapping the bracelet and putting a very good quality leather strap on it, you could come out owning a very cheap DAYDATE.
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Old 14 October 2010, 10:29 AM   #20
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Don't do it, kapatid!

1) Non-quicks are not rare.
2) Fixing that bracelet will not be cheap (>$1000)
3) The price is not a "screaming bargain"
4) You're already having second thoughts in your first post!

Good luck, bro!
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Old 14 October 2010, 10:38 AM   #21
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Quote:
Originally Posted by sakuraba View Post
Don't do it, kapatid!

1) Non-quicks are not rare.
2) Fixing that bracelet will not be cheap (>$1000)
3) The price is not a "screaming bargain"
4) You're already having second thoughts in your first post!

Good luck, bro!
I agree, it's not a bargain.
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Old 14 October 2010, 10:38 AM   #22
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if you are reluctant, you dont need us to tell you not too
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Old 14 October 2010, 12:19 PM   #23
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1803s have not seen an increase in demand even with gold prices going up and up and up. You won't be paying much more, if any, if you're patient enough to wait for a better deal.
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