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1 March 2024, 02:40 AM | #1 |
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Vintage @ Retail
What’s a good shop/business showing fair accurate retail price of vintage Rolexes?
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1 March 2024, 09:12 AM | #2 |
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A fair and accurate retail price is what someone is willing to pay. Here are a few vintage dealers which you can get an idea of value based on what they are asking. Its up to you to decide if the price is fair.
https://hqmilton.com/collections/all https://www.matthewbaininc.com/rolex-watches/ https://tropicalwatch.com/
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1 March 2024, 09:19 AM | #3 |
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This thread has a long list of dealers. The more you look, the better sense of asking prices you will get.
https://www.rolexforums.com/showthread.php?t=180461 TBH, I really don't think there is such a thing as "accurate retail price" for vintage Rolex. Asking prices vary widely by dealer. For common models, it would perhaps be easier to determine fair market value by using auction prices, although even that is quite difficult, and at best you'll probably generate a range of prices.
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1 March 2024, 09:33 AM | #4 |
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The problem is, unlike a new watch in new condition (they’re all the same), vintage pieces will vary in so many ways. Condition, what’s been replaced, what’s been modified/polished, what it comes with, note of providence, etc. Which, taken collectively would mean that two of the same references from say, 1977, could have a value discrepancy of thousands of dollars.
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1 March 2024, 10:15 AM | #5 |
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As previously said, there is no one source to determining fair market value, and it’s not very consistent. It can be pretty frustrating and discouraging or people like me who have to save for a long time to afford a nice watch.
That being the case, I start by hunting down every example of a reference I’m looking for, singling down the exact dial/indices/ metal combo. Then I note the price for every example that I would buy if money is not a consideration (I ignore bad examples I wouldn’t buy no matter what), and I grade its condition 1-10. Then, I take the average of each grade, and that’s where I get my “base price.” It’s probably a good idea to separate auction prices from retail prices in your sorting too, but I know that’s a lot of data to crunch. I find this gives me a lot more confidence when I’m going to purchase, and I can know how much to save to t least be in the ballpark for what I’m looking for. It also gives me the chance to look at lots of examples, reducing the chance of buying a heavily refurbished or redialed example unintentionally. Hope this helps!
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1 March 2024, 12:49 PM | #6 |
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There are way too many variances to try and determine a fair price on a vintage model. Condition, originality and accessories contribute substantially when trying to determine a price for a vintage model.
There really is no such thing as "retail" prices in the collector watch market. A listing price for a particular watch should be compared to other comparable models with the differences in condition and originality of each watch factored into the price.
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1 March 2024, 04:46 PM | #7 |
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Surely it all comes down to what you yourself consider to be a reasonable price and what you are prepared to pay.
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