A quick one, times ticking, Exp 1 price ££ ??

[tomc8219]

Guys,

Ignoring my recent thread regarding whether to buy a TT DJ or a Exp 1.

I would like to throw up a question, been offered this following and would be very, VERY thankful if anyone could give me an opinion on the following price, should I buy or leave it alone, here goes:

Rolex Explorer 1 (you know the one Kyle!)
1997
fully boxed, papers, additional links
Near mint condition

Price I should pay if I go for this? price is in UK £££ Please someone give me some insight!

Cheers guys

[tomc8219]

cast out to dry

come on guys someone please give me some insight

[kyle L]

Originally Posted by tomc8219

Guys,

Ignoring my recent thread regarding whether to buy a TT DJ or a Exp 1.

I would like to throw up a question, been offered this following and would be very, VERY thankful if anyone could give me an opinion on the following price, should I buy or leave it alone, here goes:

Rolex Explorer 1 (you know the one Kyle!)
1997
fully boxed, papers, additional links
Near mint condition

Price I should pay if I go for this? price is in UK £££ Please someone give me some insight!

Cheers guys

I'm here now. Is it the 14270? Or the 114270?

[tomc8219]

Kyle,

Don't wanna hang my head out the window here but in my limited wisdom all I know is it's a 1997 version of the Explorer 1.

I'm massively under educated but trying to make the transition from AP and Breiting to Rolex, as stealth as possible!

[spuds]

I'm guesstimating a good price (for you) would be somewhere around the £1800 mark.... I know there's a few advertised at £2,250/£2,500 but they're simply not selling at that so I'd certainly want to get it for less than £2k.
Good luck mate....

[kyle L]

Well Converting from USD to Pounds, I would say it should be around 2k - 2.5k, it is an older model, the newer 114270 with box+papers can be held around 3k usd in good condition. So I guess 1306.67 to 1633.34, but I don't know how prices are in the UK.

[phelix_da_kat]

If you're buying in the UK, these prices would have had VAT (sales tax on top).
You may have to factor another 10% or so, on top...

[kyle L]

Originally Posted by phelix_da_kat

If you're buying in the UK, these prices would have had VAT (sales tax on top).
You may have to factor another 10% or so, on top...

Yikes, I did not know that. These are pre-owned prices I was talking about, like paying off of TRF or doing a local deal or something.

[phelix_da_kat]

Originally Posted by kyle L

Yikes, I did not know that. These are pre-owned prices I was talking about, like paying off of TRF or doing a local deal or something.

lol... and it can go higher in other European states.

Actually the VAT in the UK is 17.5%.
But I was thinking that with US sales taxes (being different in each state), that difference is narrower.

So I averaged it at about a 10% difference.

[spuds]

Originally Posted by kyle L

Well Converting from USD to Pounds, I would say it should be around 2k - 2.5k, it is an older model, the newer 114270 with box+papers can be held around 3k usd in good condition. So I guess 1306.67 to 1633.34, but I don't know how prices are in the UK.

There's half a dozen currently listed on ebay at UK£2.5k Kyle mate but they're simply not fetching those prices.
If you look at the SOLD items they're all less than UK£2k so it's still very much a buyers market in many regards IMO, especially regarding the 'less popular' models.

Originally Posted by phelix_da_kat

If you're buying in the UK, these prices would have had VAT (sales tax on top).
You may have to factor another 10% or so, on top...

Do you mean if the (UK based) OP's buying a watch from abroad mate?
If so you're quite correct, but if you mean buying in the UK & living in the UK then VAT will already be included in the listed/agreed price.
(It's not like a tradesman who quotes £x plus VAT for example).

[spuds]

Did you buy it?