In the market...

[jb335]

So I got bit by the Rolex bug just a few moths ago and my first purchase was a SubC. Now I want the opposite. A vintage Rolex with a nice patina and a story to tell.

I am targeting a GMT Pepsi ref 1675, 16750 or 16700.

Being so new to the vintage world and knowing it can be a world full of pratfalls, I wanted to see if you guys thought I am on the right path in what to value and look for.

I know the condition of the case is paramount and I apparently suck at being able to tell if it was over polished or not. I need to get better at that. In addition, I am looking for one with the original tritium dial, open date wheel (pre 92), and original bezel.

Anything else I should look for?

It's kind of confusing when I see examples that look to be in great condition listed for around $6K but then I see ones considerably more beat up listed at around $10K. Am I right in assuming that is because the "better condition" ones probably have service replacement parts and/or were over polished?