Rolex Submariner Red 1680

[Matt_w]

Morning everyone,

As advised by 'dddrees' over in the newbie section I'm posting the same question here about my Submariner Red 1680, so apologies to all those that have already read the post, but I will keep this one shorter.

My two brothers and I acquired a Rolex Submariner Red 1680 from the early 70's after my father passed away in 2005. The watch was passed onto him by his father (my grandfather) and I know my grandfather purchased it new.

I'm looking to buy a house after I recently had a baby girl and the sale of the watch is needed for a deposit. I've contacted a few dealers in London and throughout the UK, but offers have varied from around £1,000 up to £6,000. This is obviously a massive difference and with watches selling on the same companies websites for between £7,500-£14,000, I'm not sure I am getting a fair offer.

The watch, as already stated is a Rolex Submariner Red 1680 with date. It’s a superlative chronometer and was originally certified to ‘660ft = 200m’. Unfortunately both the box and papers are not present with the watch, although we have had it confirmed by Rolex that it is a genuine Rolex. The watch is in great working order with original dial in black and also original unidirectional rotating bezel. The glass is plexi glass and the case and bracelet are stainless steel, but I'm afraid the bracelet is not the original.

Pics are attached (excuse the poor iPhone pics, I will try to get some proper pictures once my brother returns my camera). Any advice on what a fair valuation of the watch would be will be much appreciated, plus a good place to actually sell it. Any further questions photos etc, please just ask.

Matt