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11 February 2010, 09:26 AM | #1 |
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Rare Bird ... But Desireable???
I have a shot at a pretty rare Rolex. A 5501 Air King, 9 million serial (mid 80's for the noobs). All original, and yes, SS/18K including the original bracelet. I haven't seen the watch yet, as it is a little drive for me and I'm just not certain I am interested. I have the appraisal from a very reputable jeweler I am familiar with (good to authenticate the watch - poor for actual value other than for insurance purposes), and I am not worried at all about the seller or my own abilities to recognize something that's "off". What do you guys think. I'm not going to reveal what I may be able to get it for.
What are your thoughts, my WIS, Rolex fanatic friends???
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"A little sleep, a little slumber, a little folding of the hands to rest, and poverty will come upon you like a bandit, and scarcity like an armed man." Proverbs 24 "It is better to remain silent and be thought a fool, than open your mouth and remove all doubt." Unknown "Better to be a nobody and yet have a servant than pretend to be somebody and have no food." Proverbs 12 |
11 February 2010, 11:44 AM | #2 |
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Real Name: Randy
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I'm not 100% familiar with the TT Air King- in fact, I know they made TT Precisions- and never knew they made a TT Air King?
Is it desirable? That's something only you can really answer. I have a TT DJ and love it- also a 9MM serial- circa 1986! But I will go out on this limb here- it will never have the following/appreciate of an all-SS Sports model, or the equivalent in all SS. My proof? I own both a 16014 SS/WG Bezel and a 16013- the full TT DJ. They sell for about the same in collectors circles. |
11 February 2010, 12:20 PM | #3 |
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The 5501's in SS/18kt. in my opinion are not that desirable. I've seen them trade for only a few hundred bucks over the 5500 all SS. version. So not much of a premium for the TT. Just my opinion others may vary...
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11 February 2010, 12:41 PM | #4 |
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If you like it, it is worth getting.
If you are talking about getting it and a quick flip this is not the market for it.... Its not a very desirable model by most but what matters is if you desire it.
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11 February 2010, 03:10 PM | #5 |
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Hi,
Can't help you with the price, but my 1st Rolex was a lighty used SS/YG AK Date. In '84, I paid 1K CDN - no box/papers but serviced from a respectable AD. When I upgraded to a DJ I got $1100 CDN bucks trade-in. (In, I think 1995) So, I did okay. I miss that watch, it was too small - but really cool. Good luck, Mark Last edited by mmmmp; 11 February 2010 at 03:11 PM.. Reason: sp. |
11 February 2010, 03:15 PM | #6 |
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If it's one of your favorite watches, go for it. If it's for a quick turnover, I'd have to get it for a good price. You will know once you see it. Your not a rookie! Good luck!
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11 February 2010, 07:06 PM | #7 | |
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Quote:
It really depends on the price that you are asked to pay. I have a 5701 Air King Date TT which is also rare and I paid around $1400 six months ago. Since you are not going to reveal how much you will pay hopefully my purchase can act as a reference. |
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11 February 2010, 09:15 PM | #8 |
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Thanks guys!
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"A little sleep, a little slumber, a little folding of the hands to rest, and poverty will come upon you like a bandit, and scarcity like an armed man." Proverbs 24 "It is better to remain silent and be thought a fool, than open your mouth and remove all doubt." Unknown "Better to be a nobody and yet have a servant than pretend to be somebody and have no food." Proverbs 12 |
11 February 2010, 10:02 PM | #9 | |
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ICom Pro3 All posts are my own opinion and my opinion only. "The clock of life is wound but once, and no man has the power to tell just when the hands will stop. Now is the only time you actually own the time, Place no faith in time, for the clock may soon be still for ever." Good Judgement comes from experience,experience comes from Bad Judgement,.Buy quality, cry once; buy cheap, cry again and again. www.mc0yad.club Second in command CEO and left handed watch winder |
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11 February 2010, 10:15 PM | #10 | |
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Real Name: Jeff
Location: South Australia
Watch: TT AKD
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Quote:
I picked up a 1966 5071 TT Air King Date about a month ago for around $1200 (no box/papers). It was a gift to the seller 30yrs ago and he wasn't into watches/jewellery. It's my first Rolex, so as long as values stay steady, I have no plans on selling it anytime soon. I guess if you like it, you like it. There's no real need to rationalize your decision if it's from the heart. P.S. post pics if/when you get it! |
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