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28 December 2019, 08:15 AM | #31 |
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Can you truely enjoy a high-end vintage Rolex as it was intended?
Its a good question best answered by those who own such a high-value vintage watch. Some can take a damaging incident in stride despite the loss of originality and subsequent devaluation if the Bakelite bezel was destroyed.
Others might have a major meltdown - they are the safe queen owners, by and large. Shifting gears to a totally different angle - yet connected by comparison. Each year in the Monterey Classic Races at Laguna Seca, approximately $30 million worth of vintage race cars are on track during most races. A few are destroyed and most leave without a scratch. The owners of the ones who race them can tolerate a massive loss (some cars are worth more than $2 million alone). They know that the cars spirit for the sport is best displayed in competition. There are other well-heeled collectors who visit the auctions and car shows where the only danger is a stray raindrop or bit of dust. I think the owner of a very valuable 6542 GMT worth $100K will fall into one of those two categories. Sent from my iPhone using Tapatalk Pro
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28 December 2019, 11:45 AM | #32 |
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I wear all of my watches...many of the ones I own came from the original owners who wore them as intended.
My 6542 survived 40 years of daily wear, worn on heavy construction and mining sites by an engineer...with the bakelite still intact. My 1675 gilt survived air assaults with the 1st Calvary in Vietnam... My 14755 FAP survived a jet crash in the 1960s... My 5512 gilt survived daily wear for 40+ years...took a hit at some point that caused the bezel to be lost and the crystal ring to crack, but dial and lume are 100%. These watches were meant to be worn and enjoyed. In the last 20 years of wearing vintage Rolex on a daily basis, with 5 of those years wearing a 1680 red and a 1665 exclusively, I’ve damaged 1 watch...I caught the crystal on the 1665 on the car door. Other than that...nothing. Unless you work in an environment where you risk constant contact with foreign objects, say like a mechanic or welder, then I think your risk of damage is rather low. |
28 December 2019, 12:08 PM | #33 |
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It's a Rolex wear it and stop worrying.
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28 December 2019, 01:53 PM | #34 |
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I’ll wear any of my vintage Rolex watches in just about any situation except when swimming. They’ve gone camping and on hikes with me and made it through without issue.
I do think that if and when they reach a certain value, I will be less like to do this but for now I’ll just continue to wear and enjoy them. |
28 December 2019, 05:21 PM | #35 |
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28 December 2019, 07:22 PM | #36 |
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Personally I am way more worried for robberies than damaging a piece. With less and less cash around watch thefts are getting quite common in many big European cities unfortunately. Cities like London, Barcelona and Paris have had problems for years and even smaller places like Stockholm now have hundreds of watch robberies a year. Vintage pieces are probably not the first thing that criminsls look for but with some bad luck being in the wrong place at the wrong time you may lose whatever you have. Pretty sad development of society.
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28 December 2019, 10:45 PM | #37 |
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Wow, quite a wide range of responses.
I'm not about to risk $100,000 on a bakelite GMT that I cannot wear with confidence, but then again if I loved the watch enough I guess I would spend the money just to have the watch on my wrist occasionally and as a collector it would be a remarkable watch to own. It makes me think will any of these vintage watches be around in a couple of hundred years and should I care, because I wont be around to need to worry. Like the analogy with the vintage cars, if you've got it and can afford to enjoy it, then do so now, because you'll never have the chance again.....it just may cost you a little more than you expected, like a crack appearing after a day in the sun... I didn't consider a 1665 fragile, so it just goes to show we all have our own personal thresholds of what is an acceptable risk and I ride a motorcycle most days without protection on my wrist. If it happens, it happens, move on and don't look back
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28 December 2019, 11:18 PM | #38 |
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29 December 2019, 02:08 AM | #39 |
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If I owned the piece I would swap out the dial, hands and insert with modern recreations to wear it and if I ever wanted to sell it then I would have the originals that could go back in at anytime.
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29 December 2019, 04:37 PM | #40 |
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Like owning Houdini's magic wand but swapping the shaft and tips out. If you can afford one of these, you might as well just keep it in the safe and buy a more rugged one for daily wear.
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29 December 2019, 11:55 PM | #41 | |
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Quote:
And you are much more prone to damaging a bakelite bezel from removal and installation then you are wearing it. Same goes for a dial. The reason I still have the original scratched to hell crystal on mine is that I dont want to remove and repress the bezel. Its a conundrum, but one I am willing to live with. |
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29 December 2019, 11:56 PM | #42 |
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30 December 2019, 12:02 AM | #43 |
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30 December 2019, 12:28 AM | #44 | |
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30 December 2019, 03:16 AM | #45 | |
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30 December 2019, 05:28 AM | #46 | |
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30 December 2019, 07:51 AM | #47 |
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The magic threshold for a "high value" watch is in the mind of the beholder. I am extremely lucky and fortunate to have been able to buy a 5513 (1970) and 1675 (1976) new when they were relatively cheap and I was single. Without any official appraisals I'm guessing they are worth between $10K and $15K each. They have tremendous sentimental value and I have always treated them special but since becoming a regular reader of TRF vintage threads their value scares me. There is a high probability these watches will become permanent "safe queens."
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30 December 2019, 10:12 AM | #48 |
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Lovely watch but I would have to polish the crystal
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30 December 2019, 10:46 AM | #49 | |
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30 December 2019, 11:28 AM | #50 |
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22 January 2020, 05:59 AM | #51 | |
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22 January 2020, 06:01 AM | #52 |
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Sorry, wrong thread!
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