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Spunga · 17 June 2013, 11:28 PM

Friend of mine popped round this morning and asked me if I was interested in the following.

Serial is 869XXX / 1560 movement / case back reads V.62

Would appreciate any comments.
Cheers,
Paul.

springer · 18 June 2013, 12:51 AM

A pointed crown guard, 5512, doesn't come around too often. It appears to wear the original bracelet and the dial looks very nice. It has had some case work in the past which includes some buffing /polishing which is normal for most vintage watches. It appears that the bottom right lug had the chamfer worked over a little aggressively as the chamfer has now been angled into the pin hole. The bezel insert appears to be a later, Rolex replacement insert but this would not be uncommon for a 50-year-old watch.

It could be a nice score if the price is right.

Spunga · 18 June 2013, 01:12 AM

He's asking around GBP6K (USD9.5k), but he's no expert. I'm not sure if this is fair or not. Regardless, I'm more interested if the watch looks okay first. The pictures don't do it much justice and it was hard to get clear lit images without reflections in the dome.

I must admit, it looks stunning in the flesh.

I'll have to do some research, I've no idea what kind of price these are. I'm usually a 1655, 1665, 1675 & 1680 person.

55XX's aren't my forte, hence my post.

Vincent65 · 18 June 2013, 02:40 AM

I think that's a good price for that - great dial, pcg...

Pete17 · 18 June 2013, 01:36 PM

Quote:

Originally Posted by Vincent65

I think that's a good price for that - great dial, pcg...

Spot on mate.

The watch is 50yrs old guys. It' won't be perfect and the price reflects it.

Spunga · 18 June 2013, 02:59 AM

I've had a dig around, found this recently posted on VRF.....

http://www.network54.com/Forum/20767...ring+5512+1962

His case looks much sharper but the dials look identical.

Problem is the one on VRF is four times the price I'm being offered, which is a big problem. A morale problem.

Bugger.

AdamNJ · 18 June 2013, 03:23 AM

It certainly seems like a good example for the price. However, only you can determine whether the over polishing and later bezel matter. Personally, whenever I look at a piece that has uneven lugs, I know I will be staring at them all the time wishing I had a fatter case. If you are not that person, I'd say go for it.

Paul · 18 June 2013, 05:58 AM

[QUOTE=AdamNJ;4216699] ...... whenever I look at a piece that has uneven lugs, I know I will be staring at them all the time wishing I had a fatter case .......QUOTE]

I'm with Adam. I can live with polished lugs - par for the course with old watches - but uneven lugs really bug me. I have an old 5513 afflicted with 'skinny lug' (only one lug) and that flaw catches my eye every time I look at it.

All in all though, I watch the PCG prices and think circa US $9.5 sounds kinda fair for the watch you are considering. Some added value in that simple dot at 6:00pm too

Vincent65 · 18 June 2013, 05:19 AM

the dial is everything on this one, I think. ! mark ! 4 lines, 'Swiss' - only gilt/silver...

Mark020 · 18 June 2013, 05:33 AM

No expert but dial is very good imho. Case is nice as well. I don't think this is a GBP 6k watch. Make it a multiple I'm afraid.

bscepter · 18 June 2013, 06:54 AM

that dial is awesome. the price sounds pretty fair.

jedly1 · 18 June 2013, 07:49 AM

very very underpriced....moral crisis indeed. watches with a dial that pretty could easily do 3-4x that retail.

great watch and value is all about the dial. pretend for a moment it had a service dial in ....without the dial its a £3k thing on ebay all day long ..... if it had a better stronger unpolished case its maybe a £4k thing.

arguing about the niggles of a case on a watch like that priced at £6k is like two fleas arguing which one of them owns the dog they live on.

springer · 18 June 2013, 09:26 AM

Quote:

Originally Posted by bscepter

that dial is awesome. the price sounds pretty fair.

The price is very reasonable for the watch with everything considered - very reasonable.

waspy1 · 18 June 2013, 07:52 AM

If the dial is genuine it is very far below market price. Should be at least 15k gbp.

The dial looks almost too good though.

I'd want it checked out by an expert. All the money o these is in the dial, if a redone dial then it's around fair price.

Spunga · 18 June 2013, 08:30 AM

Quote:

Originally Posted by jedly1

arguing about the niggles of a case on a watch like that priced at £6k is like two fleas arguing which one of them owns the dog they live on.

LOL. That made me chuckle.

I have to tell him it could be worth more.
I'll probably still have a punt on it given the feedback.

Cheers guys.

Swift_Movement · 18 June 2013, 10:09 AM

I would purchase the piece before he does more research

crowncollection · 18 June 2013, 11:09 AM

Seems like a good deal.

Sent from my iPhone using Tapatalk

Frogman4me · 18 June 2013, 01:20 PM

Wow that is a stunning watch! The price is even crazier, if you don't take it please refer it to me I will gladly take it off your hands.

mghcal · 18 June 2013, 03:43 PM

Put my name on the list behind Frogman, I've been wanting one of these 4 liner 5512s forever! Forget the case look at that dial...

mdw3 · 19 June 2013, 12:29 AM

I think you should be very careful about this dial. As the old saying goes, if something seems too good to be true . . . .

Michael

high5 · 19 June 2013, 12:53 AM

the price is great but be careful... very suspicious... have it authenticated by someone.

high5 · 19 June 2013, 12:54 AM

what color is the "superlative ..." line

mdw3 · 19 June 2013, 01:30 AM

Quote:

Originally Posted by high5

what color is the "superlative ..." line

I think that exact shade is referred to as "fake."

Spunga · 19 June 2013, 01:39 AM

Quote:

Originally Posted by high5

what color is the "superlative ..." line

Erm.....in the picture it looks.....white.

?

Spunga · 19 June 2013, 01:41 AM

Quote:

Originally Posted by mdw3

I think that exact shade is referred to as "fake."

Really. Okay dokey.

mdw3 · 19 June 2013, 02:26 AM

Quote:

Originally Posted by Spunga

Really. Okay dokey.

Yes. Really. This whole watch has been rigged up to catch the unaware.

Spunga · 19 June 2013, 02:51 AM

Quote:

Originally Posted by mdw3

Yes. Really. This whole watch has been rigged up to catch the unaware.

I've re read this post to make sure I get your meaning, your saying this isn't what it'd supposed to be?

mdw3 · 19 June 2013, 04:13 AM

Quote:

Originally Posted by Spunga

I've re read this post to make sure I get your meaning, your saying this isn't what it'd supposed to be?

OK. For the avoidance of doubt, let me be more clear. The dial is fake (not authentic). The hands are fake (not authentic). The bezel insert is a service insert which has been artificially aged and "roughed up" to make it look old. I would worry a lot less about which lug is uneven or which spring bar hole is a millimeter closer to the edge, and more about the fact that this whole watch is a lash-up, a fraud. And the price is the classic sucker price. Too high for what it really is, but cheap enough to make the greedy side of a collector plunge in headlong without investigating more thoroughly, or giving full airing to the nagging doubts at the back of his mind.

Michael

Spunga · 19 June 2013, 04:31 AM

That's why I posted it here first before doing anything silly.

I'm a sucker for the 'to good to be true'.

That explanation which I've no doubt is correct is much easier to understand than one liners.

;-)

Cheers.

Spunga · 19 June 2013, 04:35 AM

Oh, and I DO very much appreciate the time you've taken Michael (and the others who posted) to look at this.

Much obliged!!!

:-)

17 June 2013, 11:28 PM	#1
Spunga Member Join Date: Aug 2011 Location: England Posts: 650	Thoughts on this 5512 please. Friend of mine popped round this morning and asked me if I was interested in the following. Serial is 869XXX / 1560 movement / case back reads V.62 Would appreciate any comments. Cheers, Paul.

18 June 2013, 12:51 AM	#2
springer 2024 SubLV41 Pledge Member Join Date: Apr 2008 Real Name: jP Location: Texas Watch: GMT-MASTER Posts: 17,319	A pointed crown guard, 5512, doesn't come around too often. It appears to wear the original bracelet and the dial looks very nice. It has had some case work in the past which includes some buffing /polishing which is normal for most vintage watches. It appears that the bottom right lug had the chamfer worked over a little aggressively as the chamfer has now been angled into the pin hole. The bezel insert appears to be a later, Rolex replacement insert but this would not be uncommon for a 50-year-old watch. It could be a nice score if the price is right. __________________ Member of NAWCC since 1990. INSTAGRAM USER NAME: SPRINGERJFP Visit my Instagram page to view some of the finest vintage GMTs anywhere - as well as other vintage classics.

18 June 2013, 05:58 AM	#8
Paul "TRF" Member Join Date: May 2009 Location: New Zealand Posts: 1,000	Uneven lugs ..... [QUOTE=AdamNJ;4216699] ...... whenever I look at a piece that has uneven lugs, I know I will be staring at them all the time wishing I had a fatter case .......QUOTE] I'm with Adam. I can live with polished lugs - par for the course with old watches - but uneven lugs really bug me. I have an old 5513 afflicted with 'skinny lug' (only one lug) and that flaw catches my eye every time I look at it. All in all though, I watch the PCG prices and think circa US $9.5 sounds kinda fair for the watch you are considering. Some added value in that simple dot at 6:00pm too

18 June 2013, 06:54 AM	#11
bscepter "TRF" Member Join Date: Jan 2011 Real Name: Patrick Location: Omaha Watch: 16610 Submariner Posts: 948	that dial is awesome. the price sounds pretty fair. __________________ 2009 16610 Submariner Date 1971 1601 Datejust 1966 Omega Seamaster 1965 Vulcain Voyager Chronograph

18 June 2013, 11:09 AM	#17
crowncollection "TRF" Member Join Date: Jan 2011 Real Name: David Location: australia Posts: 20,216	Seems like a good deal. Sent from my iPhone using Tapatalk __________________ watches many

18 June 2013, 01:12 AM	#3
Spunga Member Join Date: Aug 2011 Location: England Posts: 650	He's asking around GBP6K (USD9.5k), but he's no expert. I'm not sure if this is fair or not. Regardless, I'm more interested if the watch looks okay first. The pictures don't do it much justice and it was hard to get clear lit images without reflections in the dome. I must admit, it looks stunning in the flesh. I'll have to do some research, I've no idea what kind of price these are. I'm usually a 1655, 1665, 1675 & 1680 person. 55XX's aren't my forte, hence my post.

18 June 2013, 02:40 AM	#4
Vincent65 "TRF" Member Join Date: Aug 2012 Location: Switzerland Posts: 14,298	I think that's a good price for that - great dial, pcg...

18 June 2013, 02:59 AM	#6
Spunga Member Join Date: Aug 2011 Location: England Posts: 650	I've had a dig around, found this recently posted on VRF..... http://www.network54.com/Forum/20767...ring+5512+1962 His case looks much sharper but the dials look identical. Problem is the one on VRF is four times the price I'm being offered, which is a big problem. A morale problem. Bugger.

18 June 2013, 03:23 AM	#7
AdamNJ Member Join Date: Dec 2012 Location: New Jersey Watch: Rolex 6202 Posts: 19	It certainly seems like a good example for the price. However, only you can determine whether the over polishing and later bezel matter. Personally, whenever I look at a piece that has uneven lugs, I know I will be staring at them all the time wishing I had a fatter case. If you are not that person, I'd say go for it.

18 June 2013, 05:19 AM	#9
Vincent65 "TRF" Member Join Date: Aug 2012 Location: Switzerland Posts: 14,298	the dial is everything on this one, I think. ! mark ! 4 lines, 'Swiss' - only gilt/silver...

18 June 2013, 05:33 AM	#10
Mark020 "TRF" Member Join Date: Mar 2008 Location: Amsterdam Posts: 2,133	No expert but dial is very good imho. Case is nice as well. I don't think this is a GBP 6k watch. Make it a multiple I'm afraid.

18 June 2013, 07:49 AM	#12
jedly1 "TRF" Member Join Date: Feb 2010 Location: mel(oz)/Yorks(uk) Posts: 1,929	very very underpriced....moral crisis indeed. watches with a dial that pretty could easily do 3-4x that retail. great watch and value is all about the dial. pretend for a moment it had a service dial in ....without the dial its a £3k thing on ebay all day long ..... if it had a better stronger unpolished case its maybe a £4k thing. arguing about the niggles of a case on a watch like that priced at £6k is like two fleas arguing which one of them owns the dog they live on.

18 June 2013, 07:52 AM	#14
waspy1 Banned Join Date: Oct 2011 Real Name: Jeff Location: Home! Posts: 1,259	If the dial is genuine it is very far below market price. Should be at least 15k gbp. The dial looks almost too good though. I'd want it checked out by an expert. All the money o these is in the dial, if a redone dial then it's around fair price.

18 June 2013, 10:09 AM	#16
Swift_Movement Banned Join Date: Feb 2013 Real Name: Jon Location: Kitchener, Canada Watch: The Throne Posts: 375	I would purchase the piece before he does more research

18 June 2013, 01:20 PM	#18
Frogman4me Banned Join Date: Jun 2010 Location: Maryland Posts: 6,268	Wow that is a stunning watch! The price is even crazier, if you don't take it please refer it to me I will gladly take it off your hands.

18 June 2013, 03:43 PM	#19
mghcal "TRF" Member Join Date: Jul 2008 Location: sacramento Posts: 18	Put my name on the list behind Frogman, I've been wanting one of these 4 liner 5512s forever! Forget the case look at that dial...

19 June 2013, 12:29 AM	#20
mdw3 "TRF" Member Join Date: May 2010 Location: Los Angeles, CA Posts: 677	I think you should be very careful about this dial. As the old saying goes, if something seems too good to be true . . . . Michael

19 June 2013, 12:53 AM	#21
high5 "TRF" Member Join Date: Jun 2010 Location: hong kong Posts: 300	the price is great but be careful... very suspicious... have it authenticated by someone.

19 June 2013, 12:54 AM	#22
high5 "TRF" Member Join Date: Jun 2010 Location: hong kong Posts: 300	what color is the "superlative ..." line

19 June 2013, 04:31 AM	#29
Spunga Member Join Date: Aug 2011 Location: England Posts: 650	That's why I posted it here first before doing anything silly. I'm a sucker for the 'to good to be true'. That explanation which I've no doubt is correct is much easier to understand than one liners. ;-) Cheers.

19 June 2013, 04:35 AM	#30
Spunga Member Join Date: Aug 2011 Location: England Posts: 650	Oh, and I DO very much appreciate the time you've taken Michael (and the others who posted) to look at this. Much obliged!!! :-)

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