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conrail · 14 April 2011, 06:14 AM

http://www.sothebys.com/app/ecatalog...=30509&id=131/

Mark020 · 14 April 2011, 06:18 AM

Dial is not that bad. Good cleaning, new glass and new insert and you'll have a nice watch. Price is outrageaous. Worth in this condition max 8-9k IMHO.

Numismatist · 14 April 2011, 06:19 AM

Matte dial?

conrail · 14 April 2011, 06:21 AM

Andrew Shear and Mark Lerman have had a few FF Reds that sold recently in the $11k range, and they were really nice - no need to call the fungus-removal squad hah!

Even w/o buyers premium this is $14k....I wonder what the buyer was thinking or what we don't know about this particular watch? The other FF Red in the auction went for $7.5k w/ buyers premium, no B&P though. But still...

Frogman4me · 14 April 2011, 06:33 AM

Maybe the fungus is a rare truffle and the person who bought it is a chef...lol

pawnshopkiller · 14 April 2011, 07:10 AM

No way to tell how they talked it up at the auction. I think that the grim just shows that it hasn't been cleaned or refinished which is great.

conrail · 14 April 2011, 07:14 AM

Quote:

Originally Posted by pawnshopkiller

No way to tell how they talked it up at the auction. I think that the grim just shows that it hasn't been cleaned or refinished which is great.

Yea I'm with ya there - maybe sat in a moist drawer its whole life. Nice beveled edges on those lugs! Not $17.5k worth of unpolished, untampered with watch, though, even without that growth on it!

pawnshopkiller · 14 April 2011, 07:27 AM

Now that I look at again the dial doesn't look so hot. The center of it looks as if maybe it was over oiled at one time. What do you guys think.

BB83 · 14 April 2011, 09:48 AM

That is a ridiculous price for that watch in NOS condition, and completely laughable with the fungus and missing steel

TheDude · 14 April 2011, 09:56 AM

It was probably some rich dude's assistant who was commanded to go and buy it and simply got overzealous.

Remember on Seinfeld when Elaine bid too much for the Kennedy golf clubs? :)

Michael M. · 14 April 2011, 11:19 AM

LOL..needs a bit of TLC!

Justjosh · 14 April 2011, 12:12 PM

Alot of the pieces in that auction sold for prices well beyond what you would find reasonable. Sotheby's does a good job talking up items, as a good house should.

conrail · 14 April 2011, 12:49 PM

Quote:

Originally Posted by TheDude

It was probably some rich dude's assistant who was commanded to go and buy it and simply got overzealous.

Remember on Seinfeld when Elaine bid too much for the Kennedy golf clubs? :)

Hahah and then they get thrown out of Jerry's Saab while Kramer and Newman and chasing the stolen Saab out of state!! Hilarious episode!

conrail · 14 April 2011, 12:50 PM

Quote:

Originally Posted by Justjosh

Alot of the pieces in that auction sold for prices well beyond what you would find reasonable. Sotheby's does a good job talking up items, as a good house should.

Yea - and they set the "range" at something ridiculous as well - red subs for $6-8. $6k, really!? The other one went for $7.5k w/ buyer's premium which isn't bad. I didn't look at the watch too closely though.

HL65 · 14 April 2011, 12:57 PM

Well the ranges mean nothing in these auctions as they usually get blown thru on nice pieces. As for this one - no comment. As for price for a mint FF Red- prices have been up around $11k as of late- again for a mint one!

jedly1 · 14 April 2011, 01:38 PM

maybe had an FAP on the back and no one noticed :):):)

CaveDiver · 14 April 2011, 01:44 PM

Quote:

Originally Posted by jedly1

maybe had an FAP on the back and no one noticed :):):)

Might account for overlooking the malfunctioning date wheel lol

DiamondJack · 14 April 2011, 04:49 PM

Morning chaps from London

Well I've just paid £10 k so $15-16 k for one of the first ft first Reds with the open 6's albeit in absolutely mint condition with ALL the paperwork so punched certificate and guarantee booklet, leather wallet, box, original purchase receipt, Rolex service papers, etc etc and thought i probably paid 10-15% over the top. Also original 9315 folded link bracelet stamped 70 and caseback 1.70 clean serial number on lugs at 2.76m. Photos to follow when it lands :-)

DJ

conrail · 14 April 2011, 10:21 PM

Quote:

Originally Posted by DiamondJack

Morning chaps from London

Well I've just paid £10 k so $15-16 k for one of the first ft first Reds with the open 6's albeit in absolutely mint condition with ALL the paperwork so punched certificate and guarantee booklet, leather wallet, box, original purchase receipt, Rolex service papers, etc etc and thought i probably paid 10-15% over the top. Also original 9315 folded link bracelet stamped 70 and caseback 1.70 clean serial number on lugs at 2.76m. Photos to follow when it lands :-)

DJ

Sweet! Do show photos of the set when you get it!

MorganDK · 15 April 2011, 03:21 AM

Wow. 17½. Thats pretty strong.

JEC · 15 April 2011, 05:57 AM

For something perfectly original I don't think it is crazy. The bezel, pearl, hands and dial are perfect, the best I've seen in a while. The roughness you see on the dial looks like crazing of the crystal, not damage to the dial itself. A few minutes with a toothbrush and soap, and a bit of polywatch, and that thing is one of the finest examples you'll see aside from a time-capsule NOS item.

1675-David · 16 April 2011, 04:24 AM

It takes more than one bidder to lift the price so high so maybe there is something about this watch that we don't know like it belonged to Kieth Chegwin or something...

14 April 2011, 06:14 AM	#1
conrail "TRF" Member Join Date: Sep 2010 Location: Boston Posts: 3,177	Whats going on here!? $17.5k for a fungus-covered FF Red!? http://www.sothebys.com/app/ecatalog...=30509&id=131/ __________________ "Oh, you give a f****' aspirin a headache, pal!"

14 April 2011, 06:19 AM	#3
Numismatist "TRF" Member Join Date: Nov 2007 Real Name: Chris Location: Camden ME & STT Watch: 116600 Posts: 6,350	Matte dial? __________________ Rolex 116600 Sea-dweller Montblanc Solitaire Doué Black & White Legrand FP Montblanc Solitaire Doué Black & White RB Montblanc Meisterstück Diamond Mozart BP Montblanc Meisterstück Mozart BP

14 April 2011, 06:21 AM	#4
conrail "TRF" Member Join Date: Sep 2010 Location: Boston Posts: 3,177	Andrew Shear and Mark Lerman have had a few FF Reds that sold recently in the $11k range, and they were really nice - no need to call the fungus-removal squad hah! Even w/o buyers premium this is $14k....I wonder what the buyer was thinking or what we don't know about this particular watch? The other FF Red in the auction went for $7.5k w/ buyers premium, no B&P though. But still... __________________ "Oh, you give a f****' aspirin a headache, pal!"

14 April 2011, 12:57 PM	#15
HL65 TRF Moderator & 2024 SubLV41 Patron Join Date: Dec 2007 Real Name: Ken Location: SW Florida Watch: One on my wrist. Posts: 64,008	Well the ranges mean nothing in these auctions as they usually get blown thru on nice pieces. As for this one - no comment. As for price for a mint FF Red- prices have been up around $11k as of late- again for a mint one! __________________ *SPEM SUCCESSUS ALIT*

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14 April 2011, 06:18 AM	#2
Mark020 "TRF" Member Join Date: Mar 2008 Location: Amsterdam Posts: 2,133	Dial is not that bad. Good cleaning, new glass and new insert and you'll have a nice watch. Price is outrageaous. Worth in this condition max 8-9k IMHO.

14 April 2011, 06:33 AM	#5
Frogman4me Banned Join Date: Jun 2010 Location: Maryland Posts: 6,268	Maybe the fungus is a rare truffle and the person who bought it is a chef...lol

14 April 2011, 07:10 AM	#6
pawnshopkiller Banned Join Date: Nov 2010 Real Name: Roscoe Location: florida Watch: 16618 Posts: 646	No way to tell how they talked it up at the auction. I think that the grim just shows that it hasn't been cleaned or refinished which is great.

14 April 2011, 07:27 AM	#8
pawnshopkiller Banned Join Date: Nov 2010 Real Name: Roscoe Location: florida Watch: 16618 Posts: 646	Now that I look at again the dial doesn't look so hot. The center of it looks as if maybe it was over oiled at one time. What do you guys think.

14 April 2011, 09:48 AM	#9
BB83 Member Join Date: Sep 2010 Location: USA Watch: Daytona Posts: 375	That is a ridiculous price for that watch in NOS condition, and completely laughable with the fungus and missing steel

14 April 2011, 09:56 AM	#10
TheDude "TRF" Member Join Date: Oct 2007 Location: DC Area, USA Watch: IIc,1680 Red,16660 Posts: 4,492	It was probably some rich dude's assistant who was commanded to go and buy it and simply got overzealous. Remember on Seinfeld when Elaine bid too much for the Kennedy golf clubs? :)

14 April 2011, 11:19 AM	#11
Michael M. Banned Join Date: Aug 2010 Location: Newport Beach, CA Posts: 8,391	LOL..needs a bit of TLC!

14 April 2011, 12:12 PM	#12
Justjosh "TRF" Member Join Date: Jan 2011 Real Name: Josh Location: WI Watch: This Posts: 856	Alot of the pieces in that auction sold for prices well beyond what you would find reasonable. Sotheby's does a good job talking up items, as a good house should.

14 April 2011, 01:38 PM	#16
jedly1 "TRF" Member Join Date: Feb 2010 Location: mel(oz)/Yorks(uk) Posts: 1,929	maybe had an FAP on the back and no one noticed :):):)

14 April 2011, 04:49 PM	#18
DiamondJack "TRF" Member Join Date: Mar 2011 Location: London Watch: Quite a few Posts: 4,315	Morning chaps from London Well I've just paid £10 k so $15-16 k for one of the first ft first Reds with the open 6's albeit in absolutely mint condition with ALL the paperwork so punched certificate and guarantee booklet, leather wallet, box, original purchase receipt, Rolex service papers, etc etc and thought i probably paid 10-15% over the top. Also original 9315 folded link bracelet stamped 70 and caseback 1.70 clean serial number on lugs at 2.76m. Photos to follow when it lands :-) DJ

15 April 2011, 03:21 AM	#20
MorganDK "TRF" Member Join Date: Aug 2009 Real Name: Morgan Location: CPH Posts: 37	Wow. 17½. Thats pretty strong.

15 April 2011, 05:57 AM	#21
JEC Member Join Date: Feb 2010 Real Name: J. Location: Montreal Watch: Speedmaster Pro Posts: 232	For something perfectly original I don't think it is crazy. The bezel, pearl, hands and dial are perfect, the best I've seen in a while. The roughness you see on the dial looks like crazing of the crystal, not damage to the dial itself. A few minutes with a toothbrush and soap, and a bit of polywatch, and that thing is one of the finest examples you'll see aside from a time-capsule NOS item.

16 April 2011, 04:24 AM	#22
1675-David "TRF" Member Join Date: Jan 2011 Location: Stockholm Posts: 6,061	It takes more than one bidder to lift the price so high so maybe there is something about this watch that we don't know like it belonged to Kieth Chegwin or something...

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