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simoesm · 22 January 2009, 08:57 PM

Hi everybody.
Yesterday I saw a Red Subdate in prestige condition.
Nice lume "patine", perfect dial, case, etc.
The guy is very reliable and a very well known collector and dealer in Lisbon.
I do not have yet the S/N and or if it has all the papers.
He is asking €9000 which is in USD11,6195.
What do you fellow TRFers think of this price?
Thanks in advance

mike · 23 January 2009, 01:21 AM

Well, as always condition is key. I think it depends on several factors such as is it a meters first or feet first. Meters first commands a bit more.

The addition of B&P is always a big plus as is documentation regarding service history and the like.

I'm not well versed in pricing in your part of the world, but for a feet first that seems a bit strong in todays climate.

Again, a photo of the dial, case, back, etc.... would tell a lot.

marke · 23 January 2009, 01:35 AM

it would also be interesting to see how many of the accessories are coming with the watch, we al know that these can cost a fortune, especially a triplock tag.

SLS · 23 January 2009, 01:45 AM

I have seen them listed for more than that, however they do not seem to be selling! As Mike & Marke have said, pics would be a huge help.
~Scott

simoesm · 23 January 2009, 02:00 AM

Hi Mike, Mark and Scott,
Thanks for your input.
It seems priced too high IMHO, but I will check the items you guys mentioned.
I shall try and talk to the collector again soon.
He was too busy yesterday.
As soon as I have this info (I am not so sure he will allow me to take pics) I will post back.

marke · 23 January 2009, 04:23 AM

rule of thumb on priciing on the red sub approx

watch only, with some service history ft first dial £ 5000-5500
as above meters first £ 6000 -7000

ft first with box papers accessories £5750 -7000
mtrs first with box and papers etc accessories £6500 -9000

obvisiously you could by one from antiqorum or bonhams etc, but i feel you wil pay way overr the top and also you have to pay the auction house buyers premium.

i was recenty offered a red sub 1971 complete, but did not have triplock tag for £6250 so it shows price fluctuate left, righ and up and down

hope this help

marke · 23 January 2009, 05:18 AM

accesories for a red sub

triplock tag £ 350
swimproof tage £ 50
instruction book in english £300
box £200
anchor 200/660 £ 250 upwards
submariner frogman £200

plus loadss for all the other accessories

Omega_Precision · 23 January 2009, 06:18 AM

I would compare prices with certain auction houses. The last auction there were pieces going for 20k and 7k. There were some that didn't even find a home. I am looking for one as well and I think 7-9k is really reasonable considering there are pieces going for 15-plus that are not in great conditon compared to complete sets.

I think collectors and sellers think they can still demand these prices but the times have changed.

marke · 23 January 2009, 08:57 AM

Quote:

Originally Posted by Omega_Precision

I would compare prices with certain auction houses. The last auction there were pieces going for 20k and 7k. There were some that didn't even find a home. I am looking for one as well and I think 7-9k is really reasonable considering there are pieces going for 15-plus that are not in great conditon compared to complete sets.

I think collectors and sellers think they can still demand these prices but the times have changed.

that was then but reality now is the whole market pricen some of these vintage piece has crashed or have been aligned. some models will not be affected by the credit crucnh or recesion, models like 5517, 5514, comex models etc.

the auction houses prices vary immensley june2008 1680 red complete went for 17000 sterling, december a similar watch went for 9000 sterling

but cannot predict what else will happen with these

marke · 23 January 2009, 09:47 PM

it might be worht looking on the web site chrono 24, just to gauge some prices so you can be better informed

www.chrono24.com

stevemulholland3 · 23 January 2009, 10:18 PM

Quote:

Originally Posted by marke

accesories for a red sub

triplock tag £ 350
swimproof tage £ 50
instruction book in english £300
box £200
anchor 200/660 £ 250 upwards
submariner frogman £200

plus loadss for all the other accessories

or more...

marke · 23 January 2009, 11:46 PM

Quote:

Originally Posted by stevemulholland3

or more...

steve,

you are right, its amazing what you can pay for some of these accessories, and it gets even worse when you want dials and stuff for 5517,s etc

hope you are well, i am arranging a trip to florida in feb, maybe hook up at some point which could be fun, will also see tom from the forum..

speak soon

22 January 2009, 08:57 PM	#1
simoesm "TRF" Member Join Date: Sep 2008 Real Name: Manuel Location: Portugal Watch: SS Sub Date Black Posts: 260	Red Subdate in Lisbon Hi everybody. Yesterday I saw a Red Subdate in prestige condition. Nice lume "patine", perfect dial, case, etc. The guy is very reliable and a very well known collector and dealer in Lisbon. I do not have yet the S/N and or if it has all the papers. He is asking €9000 which is in USD11,6195. What do you fellow TRFers think of this price? Thanks in advance __________________ 1999 SS Tag Heuer 1500 blue dial & bezel 2001 SS Omega Speedmaster silver dial 2008 SS "M" Subdate black dial & bezel

23 January 2009, 01:45 AM	#4
SLS "TRF" Member Join Date: Aug 2006 Real Name: Scott Location: GMT -7 Watch: GMT's & Sub's Posts: 10,401	I have seen them listed for more than that, however they do not seem to be selling! As Mike & Marke have said, pics would be a huge help. ~Scott __________________ "The bitterness of poor quality remains long after the sweetness of lower price is forgotten." -Benjamin Franklin Member No. 922

23 January 2009, 02:00 AM	#5
simoesm "TRF" Member Join Date: Sep 2008 Real Name: Manuel Location: Portugal Watch: SS Sub Date Black Posts: 260	Hi Mike, Mark and Scott, Thanks for your input. It seems priced too high IMHO, but I will check the items you guys mentioned. I shall try and talk to the collector again soon. He was too busy yesterday. As soon as I have this info (I am not so sure he will allow me to take pics) I will post back. __________________ 1999 SS Tag Heuer 1500 blue dial & bezel 2001 SS Omega Speedmaster silver dial 2008 SS "M" Subdate black dial & bezel

23 January 2009, 01:21 AM	#2
mike "TRF" Member Join Date: Jul 2005 Posts: 22,683	Well, as always condition is key. I think it depends on several factors such as is it a meters first or feet first. Meters first commands a bit more. The addition of B&P is always a big plus as is documentation regarding service history and the like. I'm not well versed in pricing in your part of the world, but for a feet first that seems a bit strong in todays climate. Again, a photo of the dial, case, back, etc.... would tell a lot.

23 January 2009, 01:35 AM	#3
marke Banned Join Date: Mar 2008 Real Name: Mark Location: UK Nationwide... Watch: Daytona Posts: 1,842	it would also be interesting to see how many of the accessories are coming with the watch, we al know that these can cost a fortune, especially a triplock tag.

23 January 2009, 04:23 AM	#6
marke Banned Join Date: Mar 2008 Real Name: Mark Location: UK Nationwide... Watch: Daytona Posts: 1,842	rule of thumb on priciing on the red sub approx watch only, with some service history ft first dial £ 5000-5500 as above meters first £ 6000 -7000 ft first with box papers accessories £5750 -7000 mtrs first with box and papers etc accessories £6500 -9000 obvisiously you could by one from antiqorum or bonhams etc, but i feel you wil pay way overr the top and also you have to pay the auction house buyers premium. i was recenty offered a red sub 1971 complete, but did not have triplock tag for £6250 so it shows price fluctuate left, righ and up and down hope this help

23 January 2009, 05:18 AM	#7
marke Banned Join Date: Mar 2008 Real Name: Mark Location: UK Nationwide... Watch: Daytona Posts: 1,842	accesories for a red sub triplock tag £ 350 swimproof tage £ 50 instruction book in english £300 box £200 anchor 200/660 £ 250 upwards submariner frogman £200 plus loadss for all the other accessories

23 January 2009, 06:18 AM	#8
Omega_Precision Banned Join Date: Dec 2008 Real Name: Henry Location: CA, US Watch: ing basketball Posts: 2,977	I would compare prices with certain auction houses. The last auction there were pieces going for 20k and 7k. There were some that didn't even find a home. I am looking for one as well and I think 7-9k is really reasonable considering there are pieces going for 15-plus that are not in great conditon compared to complete sets. I think collectors and sellers think they can still demand these prices but the times have changed.

23 January 2009, 09:47 PM	#10
marke Banned Join Date: Mar 2008 Real Name: Mark Location: UK Nationwide... Watch: Daytona Posts: 1,842	it might be worht looking on the web site chrono 24, just to gauge some prices so you can be better informed www.chrono24.com

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