ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

scottjal · 26 November 2009, 08:15 AM

General advice, if you have never sold on ebay before you don't start with a multiple thousand dollar item. Start with a couple blenders or cameras or something to get a feel on how things work first. Also gets your ratings up so you look like a better seller.

DadsWatch72 · 26 November 2009, 08:18 AM

Quote:

Originally Posted by scottjal

General advice, if you have never sold on ebay before you don't start with a multiple thousand dollar item. Start with a couple blenders or cameras or something to get a feel on how things work first. Also gets your ratings up so you look like a better seller.

Blenders or cameras.......

Omega_Precision · 26 November 2009, 08:19 AM

The condition of your watch is great and will complete any collector's collection. It's not a restore project. It is complete, that is why I say at least 45k.....

"Times are tough..."...I don't believe that is the case for collectors shopping for these watches. I think it is an excuse to lower the price of these rare watches, in order to obtain them.

mfer · 26 November 2009, 08:20 AM

What do you want us to say? Its worth 100k?

Omega_Precision · 26 November 2009, 08:21 AM

Quote:

Originally Posted by scottjal

General advice, if you have never sold on ebay before you don't start with a multiple thousand dollar item. Start with a couple blenders or cameras or something to get a feel on how things work first. Also gets your ratings up so you look like a better seller.

I wouldn't sell this watch on ebay.

Let's say the buyer looks him up and sees what his items are......

1) Blender.....check

2) Camera.....check

3) 45k rare Rolex DRSD.....

Something doesn't look right here.

DadsWatch72 · 26 November 2009, 08:23 AM

Quote:

Originally Posted by Omega_Precision

The condition of your watch is great and will complete any collector's collection. It's not a restore project. It is complete, that is why I say at least 45k.....

"Times are tough..."...I don't believe that is the case for collectors shopping for these watches. I think it is an excuse to lower the price of these rare watches, in order to obtain them.

I think anyone who would buy it would be completely happy with it. I wonder about the engraving on the back and if some people won't like it. I have thought about having it buffed off. Its a very light engraving done with one of those vibrating engraving pens, and its not very deep. Both times the watch was serviced they skipped the polishing of the caseback for fear it would remove it. Maybe I should have it polished off. It wouldn't be hard I don't think.

DadsWatch72 · 26 November 2009, 08:27 AM

Quote:

Originally Posted by Omega_Precision

I wouldn't sell this watch on ebay.

Let's say the buyer looks him up and sees what his items are......

1) Blender.....check

2) Camera.....check

3) 45k rare Rolex DRSD.....

Something doesn't look right here.

Yeah, I'm not trying to be anything I'm not. It is what is it.

Barracuda · 27 November 2009, 03:24 AM

Interesting thread....

The watch is worth whatever a collector/fiend is willing to pay for it. It's iconic. Where someone would think 45K is too much and lambast someone for considering that as a selling price for this particular version, another will think it's just right. The collector world is a wacky place.

We will be selling our MKll, we're not it a hurry, but it will be sold to someone with deep pockets.

Good luck!!

DadsWatch72 · 27 November 2009, 07:12 AM

Quote:

Originally Posted by Barracuda

Interesting thread....

The watch is worth whatever a collector/fiend is willing to pay for it. It's iconic. Where someone would think 45K is too much and lambast someone for considering that as a selling price for this particular version, another will think it's just right. The collector world is a wacky place.

We will be selling our MKll, we're not it a hurry, but it will be sold to someone with deep pockets.

Good luck!!

Wacky is right. If you gotta have one, this is the one to have (in a MK III).

greekbum · 27 November 2009, 12:09 PM

IMHO the only way to see how much you can get for that watch is to put if for sale and see how much you are offered.The market is what someone is willing to sell at and what somebody is willing to buy at.Your watch is nice and I dont think you will have a problem selling it. As a collector of vintage Rolex I can tell you 1st hand that the high end vintage models like yours if not priced *right* have been roaming museums this year.There are some very big vintage auctions coming soon. Keep an eye on them for the prices that the big auction houses will get.

newmedia · 27 November 2009, 12:22 PM

more feedback , have higher prices paid with many clear close up photos.

I seen on flea bay same watch from two different sellers with both 100% feedback but one person has few hundred more feedback can sell it at higher asking prices, its sad but true and i am taking about selling it more like $200-$1500 more than other guy.

DadsWatch72 · 28 November 2009, 01:53 AM

Quote:

Originally Posted by greekbum

IMHO the only way to see how much you can get for that watch is to put if for sale and see how much you are offered.The market is what someone is willing to sell at and what somebody is willing to buy at.Your watch is nice and I dont think you will have a problem selling it. As a collector of vintage Rolex I can tell you 1st hand that the high end vintage models like yours if not priced *right* have been roaming museums this year.There are some very big vintage auctions coming soon. Keep an eye on them for the prices that the big auction houses will get.

What auctions and where are they? Are you saying that museums are buying these watches?

sofla · 29 November 2009, 06:19 AM

Taxes- that's a state down by Mexico isn't it?

Idle Swede · 29 November 2009, 01:22 PM

Quote:

Originally Posted by DadsWatch72

What auctions and where are they? Are you saying that museums are buying these watches?

Come on really, the watch is worth 15K - 20K if it's mint.

chriseskew24 · 29 November 2009, 01:31 PM

Call are tax leader Tim he seems to know how to get around things like this...

DadsWatch72 · 29 November 2009, 01:37 PM

Quote:

Originally Posted by chriseskew24

Call are tax leader Tim he seems to know how to get around things like this...

One thing I did learn is that I can deduct the amount I have spent on servicing the watch since I have owned it. For example, I spent $1,600+ on service this past year, and I think it was around $450 in 95' for service. I can add both of those services and then deduct that total from the Capital Gains Tax. This is one good reason to keep all your service records.

DadsWatch72 · 30 November 2009, 05:29 AM

Quote:

Originally Posted by mfer

What do you want us to say? Its worth 100k?

DadsWatch72 · 30 November 2009, 11:41 PM

Quote:

Originally Posted by Omega_Precision

I have seen some go up to 30k and more, from auctions sites not named Ebay.

Yours look mint.

Let's say you spend $100 for instruction booklet of that time period and $200 box and anchor (don't know if they gave anchors then) and whatever came with the watch......It would increase the value.

First thing I would do, is to try and complete it...it will be well worth it.

I have seen Red Subs fetch for a certain amount but I have seen them fetch for more because the watch was complete with box and papers, instructions all that good stuff.

Obviously this is nothing new when you see dealers selling booklets and boxes for hundreds of dollars. More collectors are trying to get the watch like "new old stock" COMPLETE.

The more I think about it, the more I like the idea of getting the box and booklets. I have said in the past that I wouldn't go there, but......your probably right and it would be a nice project/goal to have it all complete. Some people want the whole shabang. I don't know what all came with the watch. What type of box and booklets were included with it?

Mosco · 1 December 2009, 12:01 AM

IMO, if you are an ebay noob, such a watch wouldn't even get the looks it deserves. Sad, but true. You should have an experienced seller list it for you. Good reputation + good listing and pictures = great end price. Just my opinion.

greekbum · 1 December 2009, 02:32 PM

Quote:

Originally Posted by Mosco

IMO, if you are an ebay noob, such a watch wouldn't even get the looks it deserves. Sad, but true. You should have an experienced seller list it for you. Good reputation + good listing and pictures = great end price. Just my opinion.

I would venture to say a reputable dealer that has the following or clientele would want a minimum of 20% of the final sales price to handle the sale of the watch. He has all but said he wants to sell the watch and the watch has gotten months of looks on the TRF and is well known on this forum I am sure his pm box has been flooded with crazy offers for the watch and doesn't have to do fleabay.

DadsWatch72 · 1 December 2009, 05:40 PM

Quote:

Originally Posted by greekbum

I would venture to say a reputable dealer that has the following or clientele would want a minimum of 20% of the final sales price to handle the sale of the watch. He has all but said he wants to sell the watch and the watch has gotten months of looks on the TRF and is well known on this forum I am sure his pm box has been flooded with crazy offers for the watch and doesn't have to do fleabay.

I have never received one offer, in a pm or otherwise. I have never named a price either. I haven't really known what I could (hypothetically) price it for. The prices for the ones I see online are all over the place and the different conditions are so varied along with their prices. I wasn't advertising it, I was showing it off.

And that 20%, on top of capital gains tax doesn't sound good.

I still remember the advice to take things slow with this watch so I don't make a stupid mistake......like using an auction at 20%.

I ask questions to know what my options are, to be well informed. Besides, whats the point of having an awsome looking, mint "Grail" if you can't make a few people drewl?

If the day comes that I want to cash in on this watch, I will definately give you guys a crack at it first. I have seen many of your collection boxes full of awsome/impressive watchs (minus a DRSD

) and would feel better selling to one of you guys that would really appreciate the watch for what it is. Then I could at least log on and see it from time to time, and cry.

Heck, I log on now to see it since its in the bank.

If my pockets were a bit deeper, you wouldn't be able to bring the subject of selling this watch up to me. I don't like the idea of selling it but it could open a few doors for me and my family. Like I said, its good to know what my options are, thats all.

Omega_Precision · 2 December 2009, 05:24 AM

Taking your time and researching is the best thing to do.

Like you said, if selling this piece will open many doors for you and your family, you want to get the maximum ROI.

greekbum · 2 December 2009, 10:30 PM

Recent Patrizzi Auction Results

Lot #233 | 28 November 2009
Milan - 28-29 November 2009
ROLEX, OYSTER PERPETUAL DATE, SEA-DWELLER, SUBMARINER 2000, 2000 FT = 610 M, SUPERLATIVE CHRONOMETER, OFFICIALLY CERTIFIED, REF. 1665, CASE NO. 3577054, CIRCA 1973-1974
View Lot | Sold EUR 15,500

Thats $23,500
http://patrizzi3.auctionsystem.co.uk...es.aspx?cid=12

snowbird · 2 December 2009, 11:39 PM

Quote:

Originally Posted by greekbum

Recent Patrizzi Auction Results

Lot #233 | 28 November 2009
Milan - 28-29 November 2009
ROLEX, OYSTER PERPETUAL DATE, SEA-DWELLER, SUBMARINER 2000, 2000 FT = 610 M, SUPERLATIVE CHRONOMETER, OFFICIALLY CERTIFIED, REF. 1665, CASE NO. 3577054, CIRCA 1973-1974
View Lot | Sold EUR 15,500

Thats $23,500
http://patrizzi3.auctionsystem.co.uk...es.aspx?cid=12

Interesting, well below the pre-auction estimate of $32,780 to $37,250. I don't know how close actual selling prices are to the estimates typically though.

Barracuda · 3 December 2009, 02:16 AM

And that particular lot included original box & papers...or at least a warranty card.

http://patrizzi3.auctionsystem.co.uk....aspx?lid=1328

DadsWatch72 · 3 December 2009, 06:39 AM

Can't tell the quality of the watch from the picture. Hard to say if its comparable with my watch or if its a Mark III or Mark IV.

Thanks for the link Greek.

DadsWatch72 · 3 December 2009, 06:51 AM

Quote:

Originally Posted by Barracuda

And that particular lot included original box & papers...or at least a warranty card.

http://patrizzi3.auctionsystem.co.uk....aspx?lid=1328

I hope your watch comes back looking like this......

Double Red Sea-Dweller 2000
1665 MKll
#2661

26 November 2009, 08:15 AM	#61
scottjal "TRF" Member Join Date: Aug 2008 Real Name: Scott Location: SC Watch: GMT II Posts: 464	General advice, if you have never sold on ebay before you don't start with a multiple thousand dollar item. Start with a couple blenders or cameras or something to get a feel on how things work first. Also gets your ratings up so you look like a better seller. __________________ sj

26 November 2009, 08:20 AM	#64
mfer "TRF" Member Join Date: Mar 2007 Real Name: Mik Location: USA Posts: 13,724	What do you want us to say? Its worth 100k? __________________ member#3242

27 November 2009, 12:09 PM	#70
greekbum "TRF" Member Join Date: Apr 2007 Real Name: Nikos Location: Florida Watch: Rolex GMT 16750 Posts: 8,418	IMHO the only way to see how much you can get for that watch is to put if for sale and see how much you are offered.The market is what someone is willing to sell at and what somebody is willing to buy at.Your watch is nice and I dont think you will have a problem selling it. As a collector of vintage Rolex I can tell you 1st hand that the high end vintage models like yours if not priced right have been roaming museums this year.There are some very big vintage auctions coming soon. Keep an eye on them for the prices that the big auction houses will get. __________________ Follow Me On Instagram @nickgogas Original Owner ROLEX 16750 GMT Daily Wearer For Over 13,000 Days And Counting

1 December 2009, 12:01 AM	#79
Mosco "TRF" Member Join Date: Dec 2008 Real Name: Greg Location: Cincinnati Watch: I like to... Posts: 18,567	IMO, if you are an ebay noob, such a watch wouldn't even get the looks it deserves. Sad, but true. You should have an experienced seller list it for you. Good reputation + good listing and pictures = great end price. Just my opinion. __________________ Instagram - @CaliberSwiss *“A man who procrastinates in his choosing will inevitably have his choice made for him by circumstance.” - Hunter S. Thompson*

2 December 2009, 10:30 PM	#83
greekbum "TRF" Member Join Date: Apr 2007 Real Name: Nikos Location: Florida Watch: Rolex GMT 16750 Posts: 8,418	Recent Patrizzi Auction Results Lot #233 \| 28 November 2009 Milan - 28-29 November 2009 ROLEX, OYSTER PERPETUAL DATE, SEA-DWELLER, SUBMARINER 2000, 2000 FT = 610 M, SUPERLATIVE CHRONOMETER, OFFICIALLY CERTIFIED, REF. 1665, CASE NO. 3577054, CIRCA 1973-1974 View Lot \| Sold EUR 15,500 Thats $23,500 http://patrizzi3.auctionsystem.co.uk...es.aspx?cid=12 __________________ Follow Me On Instagram @nickgogas Original Owner ROLEX 16750 GMT Daily Wearer For Over 13,000 Days And Counting

26 November 2009, 08:19 AM	#63
Omega_Precision Banned Join Date: Dec 2008 Real Name: Henry Location: CA, US Watch: ing basketball Posts: 2,977	The condition of your watch is great and will complete any collector's collection. It's not a restore project. It is complete, that is why I say at least 45k..... "Times are tough..."...I don't believe that is the case for collectors shopping for these watches. I think it is an excuse to lower the price of these rare watches, in order to obtain them.

27 November 2009, 03:24 AM	#68
Barracuda "TRF" Member Join Date: May 2008 Location: Michigan Watch: DRSD MKll Posts: 84	Interesting thread.... The watch is worth whatever a collector/fiend is willing to pay for it. It's iconic. Where someone would think 45K is too much and lambast someone for considering that as a selling price for this particular version, another will think it's just right. The collector world is a wacky place. We will be selling our MKll, we're not it a hurry, but it will be sold to someone with deep pockets. Good luck!!

27 November 2009, 12:22 PM	#71
newmedia "TRF" Member Join Date: May 2009 Location: Austin Posts: 526	more feedback , have higher prices paid with many clear close up photos. I seen on flea bay same watch from two different sellers with both 100% feedback but one person has few hundred more feedback can sell it at higher asking prices, its sad but true and i am taking about selling it more like $200-$1500 more than other guy.

29 November 2009, 06:19 AM	#73
sofla Member Join Date: Nov 2009 Real Name: Ed Location: Florida Watch: GMT 1675 ss Posts: 17	Taxes- that's a state down by Mexico isn't it?

29 November 2009, 01:31 PM	#75
chriseskew24 "TRF" Member Join Date: Sep 2008 Real Name: Christopher Location: fort lauderdale Watch: Bunches Posts: 1,860	Call are tax leader Tim he seems to know how to get around things like this...

2 December 2009, 05:24 AM	#82
Omega_Precision Banned Join Date: Dec 2008 Real Name: Henry Location: CA, US Watch: ing basketball Posts: 2,977	Taking your time and researching is the best thing to do. Like you said, if selling this piece will open many doors for you and your family, you want to get the maximum ROI.

3 December 2009, 02:16 AM	#85
Barracuda "TRF" Member Join Date: May 2008 Location: Michigan Watch: DRSD MKll Posts: 84	And that particular lot included original box & papers...or at least a warranty card. http://patrizzi3.auctionsystem.co.uk....aspx?lid=1328

3 December 2009, 06:39 AM	#86
DadsWatch72 Banned Join Date: Jul 2009 Location: USA Watch: DRSD 1665 #3551XXX Posts: 2,401	Can't tell the quality of the watch from the picture. Hard to say if its comparable with my watch or if its a Mark III or Mark IV. Thanks for the link Greek.

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)