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Old 1 June 2009, 06:26 AM   #1
MB7000
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Need help buying a rolex gold presidential

I'm in the market for a Rolex presidential. i have the opportunity to buy a original no aftermarket parts from 1989 in good condition with a saffire crystal for 5000.00


is that a good price ? I was offering 4000.00 where should I be at price point.

is this a better value then a sport model like a seadweller ?


what do you guys think



thanks Marcus


http://cgi.ebay.com/ws/eBayISAPI.dll...m=250431722526
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Old 1 June 2009, 06:35 AM   #2
MB7000
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oops, I'm sorry I think I posted in the wrong section. Mods please feel free to move accordingly
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Old 1 June 2009, 07:05 AM   #3
bradiowausa
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I would say that 4-5 thousand is a little low, and you may have to bid higher. I see a lot of stretch in the band, and that may drop the price to 4-5 thousand.

In general, presidents from the 90's go for up to as much as 9-10 thousand, but often they are much lower. For comparison sake, see http://www.bernardwatch.com/watch/RLX4059.
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Old 1 June 2009, 10:57 AM   #4
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Quote:
Originally Posted by bradiowausa View Post
In general, presidents from the 90's go for up to as much as 9-10 thousand, but often they are much lower. For comparison sake, see http://www.bernardwatch.com/watch/RLX4059.
Be careful comparing a 118238 to a 18238... the 118s have 30% more gold than the models from the 90s. It appears that the older versions sell for $5K+ less than a 118238.
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Old 1 June 2009, 11:10 AM   #5
TimeToGo
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As Brad mentioned above, the band appears to have some stretch to it. You can ask the seller to post another picture showing the sag on the band.

As far as a comparison with a president and SeaDweller, two different type of watches (sport and dressier style watch).

Remember, this presidential will tend so sell higher because of the price of gold. Just something to consider.

Good luck!
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Old 1 June 2009, 12:41 PM   #6
GMTJOHNNY
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I just compared your pics to my DD which is a 1997 18238. The back of yours looks more bulging than mine and it just looks "older". Could it be a 18038. Seller does list as 1970's - 1999. When did they stop making "T SWISS MADE T" dials?
I would ask for the first 3 digits of the serial number to get the year of manufacture from that. Band stretch for sure, seller seems to have "left out" those images. Could be costly to remediate.
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Old 3 June 2009, 05:27 PM   #7
MB7000
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Well, I bought it !!!!!! It was a 18038 with a 5 million serial(number about 1981.
it's amazing in person. went to the AD to have it inspected and sized.

I'm in love, although I did noticed there is minor dirt or something at the six.





everyone.
thanks for all your help
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Old 3 June 2009, 05:35 PM   #8
idk01
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Well done!!! Very nice indeed!

I remember my YG DD, Felt so nice on the wrist

Wear it with pride
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Old 3 June 2009, 07:03 PM   #9
TimeToGo
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Beautiful watch!

Wear it in good health!
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Old 3 June 2009, 11:34 PM   #10
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Very nice.

Enjoy.

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