Thinking of a 1675.... Have a few Questions

[SN2354]

Hi All!

New here, but have been active on other forums and overall a big fan of Rolex watches. I have lots of knowledge on 5 + 6 digit Rolex. My latest "craving" is for a 4 digit 1675 GMT. I can't put my finger on it, but I love the idea of having an old school Rolex and kind of sway away from the current madness going on with the latest models.

I am not looking to capitalize/flip, but I do see strong value right now compared to the latest GMT. I refuse to pay above MSRP, like many others so the older GMT's look like bargains. The 1675 model in particular looks like a pretty good value in comparison, but I need some help as I have been lurking/searching and naturally have a few questions as I am almost ready to pull the trigger.

I found a 1675 that looks like it is in pretty damn nice condition overall. Not overly polished or anything either. It is a 5 mill (so figure around '77-'78) mk4 dial (oriignal dial, not mint condition but looks very nice), original Oyster bracelet, and a nicely faded insert that is original/naturally faded. The only negative is that I believe the hands may have been painted as they do not match 100% (big deal?? I do not know!)

Anyways I am looking to trade 2 pieces towards this. First is an explorer II 42mm, and the 2nd a 116300 DJ2. Given the current values, I would say combined value is about $13.5-$14k if I were to sell both. It would be a straight up trade, 2 for 1.

Would anybody concur with this trade and confirm if the 1675 is truly about that value? Or is one person getting the short end of the stick? I have done my homework, but vintage pricing is all over the place. I see some 1675's going for $10k or less, and others in mint condition for $20k. I would say this one is in the middle of the road, in nice condition, mostly original with no service parts so maybe it is worth something in the middle of $10-$20k.

Thank you very much in advance for any assistance!