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RolexADreal · 7 May 2011, 04:11 AM

Folks, been offered by a trusted grey dealer a mid 80's yellowgold daydate quartz. I'm aware it was fashionable in that era... Pricewise it's a deal, paying just for the gold! Wondering: is the movement running smoothly like an automatic or it's more tic-tac like a swatch? should i pull the trigger? 5000$ equivalents!

duffman · 7 May 2011, 04:13 AM

Quote:

Originally Posted by fcefalu

Folks, been offered by a trusted grey dealer a mid 80's yellowgold daydate quartz. I'm aware it was fashionable in that era... Pricewise it's a deal, paying just for the gold! Wondering: is the movement running smoothly like an automatic or it's more tic-tac like a swatch? should i pull the trigger? 5000$ equivalents!

Sounds like a good deal and at that price I would buy it. Does this trusted dealer have any GMTIIc's or DD 18238's for a good price??

MonBK · 7 May 2011, 04:14 AM

For $5,000-5,500 you should be able to find an older DD with a "real" movement.

dnagwhogas · 7 May 2011, 04:32 AM

Quote:

Originally Posted by MonBK

For $5,000-5,500 you should be able to find an older DD with a "real" movement.

Where?! Not here on TRF right? Hook me up please!

Dr. Robert · 7 May 2011, 04:45 AM

If I had the bread I'd pull the trigger.......it's a unique Rolex!
You're not gonna see it on every wrist.

rms · 7 May 2011, 06:06 AM

Certainly. For sure you won't see many of these in the wild. Most folks here are not fans of quartz movements (nor am I), but if you're going to have one quartz watch, it might as well be a Rolex.....and a rare one at that.

If you do it, post pics please.

Good luck!

tkc324 · 7 May 2011, 06:14 AM

Hmmm... price is good... it just depend on if you want a quartz Rolex. All quartz watch has that tic toc movement... not sweeping.
I personally wouldnt do it. 5k is a lot of money with many time pieces to choose from... vintage sub, gmt, exp2... any of these would be my first choice. But buy what you like, it would be a cool rare piece.

mrbill2mrbill2 · 7 May 2011, 07:24 AM

It is all about - do you want a quartz? Me - no. But it is your decision.

Abid · 7 May 2011, 07:29 AM

Not a fan of a quartz! Especially for that amount. If you wanted a quartz movement pic up a pre-owned quartz SMP 300 bond. But again thats a different watch all together. For the 5k I'd go with a sub or something else. IMHO

Roja · 7 May 2011, 09:37 AM

Wait! Do you already have a Rolex? I think that's instrumental.
If you want to have a rare piece, for sure it's going to be rare. Also, the gold is the gold is the gold. That's always worth money.
I'd certainly consider it.

Tools · 7 May 2011, 09:50 AM

I would seriously doubt that there is $5,000 worth of gold in an older DD Quartz watch...

It's a classic though, and is collectible so it shouldn't be scoffed at...

Yes... it is quartz... it ticks..

wdalew5 · 7 May 2011, 09:52 AM

Quote:

Originally Posted by Tools

I would seriously doubt that there is $5,000 worth of gold in an older DD Quartz watch...

It's a classic though, and is collectible so it shouldn't be scoffed at...

Yes... it is quartz... it ticks..

x2

horseco · 7 May 2011, 10:17 AM

I love gold!!!! pull the trigger you cant get a solid 18k Rolex for le$$$$...

mcurtisal · 7 May 2011, 10:25 AM

Agreed. You can't get one that cheap and as you add more to your collection, it's nice to have a little something different.

Rags · 7 May 2011, 10:42 AM

No...for 5K I would go for an auto...

StarSovereign · 7 May 2011, 11:40 AM

Quote:

Originally Posted by horseco

I love gold!!!! pull the trigger you cant get a solid 18k Rolex for le$$$$...

That movie was on last night on Starz at like 2:30am. I was just ready to go to sleep when I found it. Needless to say I stayed up way too late watching. Brought back a lot of good memories. When Goldmember first came out I was 17 and in HS...

horseco · 7 May 2011, 11:45 AM

Quote:

Originally Posted by StarSovereign

That movie was on last night on Starz at like 2:30am. I was just ready to go to sleep when I found it. Needless to say I stayed up way too late watching. Brought back a lot of good memories. When Goldmember first came out I was 17 and in HS...

Myers is a comic genius...

oboshoe · 7 May 2011, 11:55 AM

At $5k your getting close to the melt value.

I think its about 2.5 ounces in a day date. At todays spot value that's about $3750 base value.

Another way of looking at it is you can always get your $3750 back even if Rolex's go completely out of favor and a SS variety Rolex was worthless.

Yet another view, its like buying 2 and 1/2 Krugerrands, and for an extra $1,250, you get a rolex.

Kiddodoc · 7 May 2011, 12:00 PM

For those who have never worn or seen in person a quartz DD, you really need to see one before passing judgement. I have one and it really is unique and and a gorgeous watch. I also have others in my collection that are perpetual motion. If it's your only Rolex, I can see not wanting one but they are the most accurate Rolex made hands down. Just my 2 cents.

watchf · 7 May 2011, 12:10 PM

Quote:

Originally Posted by oboshoe

At $5k your getting close to the melt value.

I think its about 2.5 ounces in a day date. At todays spot value that's about $3750 base value.

Another way of looking at it is you can always get your $3750 back even if Rolex's go completely out of favor and a SS variety Rolex was worthless.

Yet another view, its like buying 2 and 1/2 Krugerrands, and for an extra $1,250, you get a rolex.

There was a thread about gold in a Rolex but was on TT if interested http://www.rolexforums.com/showthread.php?t=172984

Is the gold value really at average of $3750 that with the hollow center link and 18k instead of 24k gold?

RolexADreal · 7 May 2011, 12:10 PM

really tempet at this stage...yes i do own other rolexes, SS Daytona both black and white face, GMT2c, old sub date... looking for a classic one then i will be done with rolexes....

watchf · 7 May 2011, 12:11 PM

Quote:

Originally Posted by fcefalu

Folks, been offered by a trusted grey dealer a mid 80's yellowgold daydate quartz. I'm aware it was fashionable in that era... Pricewise it's a deal, paying just for the gold! Wondering: is the movement running smoothly like an automatic or it's more tic-tac like a swatch? should i pull the trigger? 5000$ equivalents!

Any pics? Could you add about 2k to get an automatic?

MonBK · 7 May 2011, 12:11 PM

Quote:

Originally Posted by oboshoe

At $5k your getting close to the melt value.

I think its about 2.5 ounces in a day date. At todays spot value that's about $3750 base value.

Another way of looking at it is you can always get your $3750 back even if Rolex's go completely out of favor and a SS variety Rolex was worthless.

Yet another view, its like buying 2 and 1/2 Krugerrands, and for an extra $1,250, you get a rolex.

You're NOT even close to melt value.

oboshoe · 7 May 2011, 12:24 PM

Quote:

Originally Posted by MonBK

You're NOT even close to melt value.

http://reviews.ebay.com/How-Much-Gol...00000001632748

Do the math.

When gold was at $400, the melt value was calcuated at $963.

Today gold is at at $1500.

MonBK · 7 May 2011, 12:30 PM

Quote:

Originally Posted by oboshoe

http://reviews.ebay.com/How-Much-Gol...00000001632748

Do the math.

When gold was at $400, the melt value was calcuated at $963.

Today gold is at at $1500.

I did, not very difficult.

100 grams at $25/gr = $2,500

oboshoe · 7 May 2011, 12:35 PM

Quote:

Originally Posted by MonBK

I did, not very difficult.

100 grams at $25/gr = $2,500

Curious. I would love to buy gold at $25 a gram.

I would buy gold all day long at $25 a gram.

Todays spot gold value is $1495 /troy ounce. With 31.1 grams to a troy ounce that comes out to $48 a gram.

Check out http://goldprice.org/gold-price-per-gram.html

$25/gram sounds like a mall scrap buyer price.

scl6118 · 7 May 2011, 12:37 PM

I have no interest in a quartz, but get it if you like it.

MonBK · 7 May 2011, 12:38 PM

Quote:

Originally Posted by oboshoe

Curious. I would love to buy gold at $25 a gram.

I would buy gold all day long at $25 a gram.

Todays spot gold value is $1495 /troy ounce. With 31.1 grams to a troy ounce that comes out to $48 a gram.

$25/gram sounds like a mall scrap buyer price.

Are you serious

and have you sold any gold?

Do you really think someone is going to pay you spot value?

PS. Mall scrap price is $17-18

Forgot to add, I buy and sell roughly 3-5 Kilos a week.

oboshoe · 7 May 2011, 12:45 PM

Quote:

Originally Posted by MonBK

Are you serious

and have you sold any gold?

Do you really think someone is going to pay you spot value?

PS. Mall scrap price is $17-18

Frequently.

Spot? NO. (in any event spot is the benchmark and then there is the premium or discount to spot)

But it's not hard to get 90% plus as long as you don't go to one of the street level gold buyers that are a dime/dozen.

This place is very nice and has a good reputation. http://www.midwestrefineries.com/

MonBK · 7 May 2011, 12:53 PM

Quote:

Originally Posted by oboshoe

Frequently.

Spot? NO. (in any event spot is the benchmark and then there is the premium or discount to spot, but since you 5 buy kilo's a week you know that)

But it's not hard to get 90% plus as long as you don't go to one of the street level gold buyers that are a dime/dozen.

This place is very nice and has a good reputation. http://www.midwestrefineries.com/

Whatever you say.

7 May 2011, 04:11 AM	#1
RolexADreal "TRF" Member Join Date: Mar 2010 Location: Paris Watch: Patek Chrono Perp Posts: 208	day date quartz? worth it? Folks, been offered by a trusted grey dealer a mid 80's yellowgold daydate quartz. I'm aware it was fashionable in that era... Pricewise it's a deal, paying just for the gold! Wondering: is the movement running smoothly like an automatic or it's more tic-tac like a swatch? should i pull the trigger? 5000$ equivalents!

7 May 2011, 04:45 AM	#5
Dr. Robert 2024 SubLV41 Pledge Member Join Date: Dec 2009 Real Name: Bob Location: U.S.A. Watch: 1655 Posts: 64,258	If I had the bread I'd pull the trigger.......it's a unique Rolex! You're not gonna see it on every wrist. __________________ Founder & Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons

7 May 2011, 06:06 AM	#6
rms "TRF" Member Join Date: Feb 2011 Real Name: Richard Location: Europe Watch: The one I have on Posts: 273	Certainly. For sure you won't see many of these in the wild. Most folks here are not fans of quartz movements (nor am I), but if you're going to have one quartz watch, it might as well be a Rolex.....and a rare one at that. If you do it, post pics please. Good luck! __________________ 14060M - 16610 - 16710 - 16234 - 16570(x2) - 116400GV - IW323300 - PAM292 - SKX779K

7 May 2011, 07:24 AM	#8
mrbill2mrbill2 "TRF" Member Join Date: Nov 2010 Real Name: Mr. Bill Location: South Florida Watch: 16610 Posts: 6,148	It is all about - do you want a quartz? Me - no. But it is your decision. __________________ Card Carrying Member of the Global Association of the Retro-Grouch-Curmudgeons - ID # 13

7 May 2011, 09:50 AM	#11
Tools TRF Moderator & 2024 SubLV41 Patron Join Date: May 2007 Real Name: Larry Location: Mojave Desert Watch: GMT's Posts: 43,514	I would seriously doubt that there is $5,000 worth of gold in an older DD Quartz watch... It's a classic though, and is collectible so it shouldn't be scoffed at... Yes... it is quartz... it ticks.. __________________ (Chill ... It's just a watch Forum.....) NAWCC Member

7 May 2011, 04:14 AM	#3
MonBK Banned Join Date: Nov 2010 Location: Kingstown Posts: 58,279	For $5,000-5,500 you should be able to find an older DD with a "real" movement.

7 May 2011, 06:14 AM	#7
tkc324 "TRF" Member Join Date: Sep 2009 Real Name: Tom Location: Chi town Watch: Daytona AP DD Sub Posts: 3,717	Hmmm... price is good... it just depend on if you want a quartz Rolex. All quartz watch has that tic toc movement... not sweeping. I personally wouldnt do it. 5k is a lot of money with many time pieces to choose from... vintage sub, gmt, exp2... any of these would be my first choice. But buy what you like, it would be a cool rare piece.

7 May 2011, 07:29 AM	#9
Abid "TRF" Member Join Date: Apr 2011 Location: Las Vegas, NV Watch: 16610LV Posts: 466	Not a fan of a quartz! Especially for that amount. If you wanted a quartz movement pic up a pre-owned quartz SMP 300 bond. But again thats a different watch all together. For the 5k I'd go with a sub or something else. IMHO

7 May 2011, 09:37 AM	#10
Roja "TRF" Member Join Date: Mar 2011 Real Name: Pierre Location: Spain/Canada Watch: and learn... Posts: 533	Wait! Do you already have a Rolex? I think that's instrumental. If you want to have a rare piece, for sure it's going to be rare. Also, the gold is the gold is the gold. That's always worth money. I'd certainly consider it.

7 May 2011, 10:17 AM	#13
horseco "TRF" Member Join Date: Jan 2011 Real Name: Anthony Location: North Jersey Watch: Daytona 116528 Posts: 3,426	I love gold!!!! pull the trigger you cant get a solid 18k Rolex for le$$$$...

7 May 2011, 10:25 AM	#14
mcurtisal "TRF" Member Join Date: Apr 2008 Location: MI Watch: SeaDweller Posts: 873	Agreed. You can't get one that cheap and as you add more to your collection, it's nice to have a little something different.

7 May 2011, 10:42 AM	#15
Rags 2024 Pledge Member Join Date: Jan 2009 Real Name: Chuck Location: SW Florida Watch: 16233,16610,214270 Posts: 11,196	No...for 5K I would go for an auto... __________________ 16233 Y Serial Datejust 16610 Z Serial Submariner 214270 Explorer *114300 Oyster Perpetual* *76200 Tudor Date+Day*

7 May 2011, 11:55 AM	#18
oboshoe "TRF" Member Join Date: Jul 2010 Location: Cary, NC Watch: YG Day Date Posts: 72	At $5k your getting close to the melt value. I think its about 2.5 ounces in a day date. At todays spot value that's about $3750 base value. Another way of looking at it is you can always get your $3750 back even if Rolex's go completely out of favor and a SS variety Rolex was worthless. Yet another view, its like buying 2 and 1/2 Krugerrands, and for an extra $1,250, you get a rolex.

7 May 2011, 12:00 PM	#19
Kiddodoc 2024 Pledge Member Join Date: May 2009 Real Name: Rick Location: Texas Watch: 15 and counting! Posts: 3,531	For those who have never worn or seen in person a quartz DD, you really need to see one before passing judgement. I have one and it really is unique and and a gorgeous watch. I also have others in my collection that are perpetual motion. If it's your only Rolex, I can see not wanting one but they are the most accurate Rolex made hands down. Just my 2 cents.

7 May 2011, 12:10 PM	#21
RolexADreal "TRF" Member Join Date: Mar 2010 Location: Paris Watch: Patek Chrono Perp Posts: 208	really tempet at this stage...yes i do own other rolexes, SS Daytona both black and white face, GMT2c, old sub date... looking for a classic one then i will be done with rolexes....

7 May 2011, 12:37 PM	#27
scl6118 "TRF" Member Join Date: Oct 2009 Real Name: Shawn Location: United States Watch: SS GMT IIC Posts: 1,624	I have no interest in a quartz, but get it if you like it. __________________ Current: SS GMT IIC Former: Panerai 114 Former: Breitling Hercules :

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