The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Forum > Rolex & Tudor Watch Topics > Rolex General Discussion

Closed Thread
 
Thread Tools Display Modes
Old 22 July 2020, 08:07 AM   #1
ak_Rolex
"TRF" Member
 
Join Date: Jul 2020
Location: Florida
Posts: 3
Opinion Question

Hello,
I have the opportunity to purchase a complete set 1961 Rolex GMT 1675 Pepsi with box and papers for $20k. The watch has been in the sellers family since it was bought in the 60’s. The watch does need a replacement piece in the movement but I was told it is nothing severe. I have the model of the piece that’s needed. The watch is all original and the bezel is quite faded. I can buy it for $20k all in. Is this a good buy? Is it likely to fetch more at auction? I found comps that sold for more but I’m afraid what a replacement piece in the movement will do to the value of the watch. Any help is appreciated!
ak_Rolex is offline  
Old 22 July 2020, 08:17 AM   #2
MagPI
"TRF" Member
 
Join Date: Apr 2019
Location: USA
Posts: 208
From the moderators:

“ It takes fewer than 5 minutes to research almost any Rolex model and find what they are being sold for across the Internet. You are urged to search the Forum Sales Board if you are seeking an estimate of value for your watch, or search the Internet for prevailing values. TRF is neither a shopping service for you, nor is it a valuation service as value varies widely depending on condition and local economies.”
MagPI is offline  
Old 22 July 2020, 08:23 AM   #3
kieselguhr
"TRF" Member
 
kieselguhr's Avatar
 
Join Date: May 2013
Real Name: Nick
Location: Las Vegas
Watch: 1601
Posts: 10,619
Opinion Question

You may get more enthusiasm posting this in the vintage section. I personally would put my money elsewhere, especially if it revolves around value and profit.
kieselguhr is offline  
Closed Thread


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Wrist Aficionado

DavidSW Watches

Takuya Watches

OCWatches

Asset Appeal


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.