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GMT2Lover · 19 October 2017, 04:42 PM

Hi all,

I have been into vintage subs for the past 10 days after trying on a double red sea-deweller.

I have the opportunity to buy the following watch from a private owner, who bought it from a well respected dealer (link below). I have no idea what is the right value for this watch.

https://www.hqmilton.com/timepieces/...ner-16800-5058

Pros: I like the uniformity of the patina, and the condition of the case and dial.

Cons: Missing lume on the stem of the hour hand, plus a replaced pip (or bezel insert).

What would be considered a steal? What would be considered overpaying?

GMT2Lover · 19 October 2017, 04:51 PM

Also, is this the right first step in vintage Rolex?

CPRWATCH · 19 October 2017, 05:02 PM

Just followed the link and its SOLD , did you buy the watch .

GMT2Lover · 19 October 2017, 05:10 PM

Quote:

Originally Posted by CPRWATCH

Just followed the link and its SOLD , did you buy the watch .

No. The seller who I am in talks with bought it from that site. The posting was still up, so I figured that would be the easiest way to share pictures and details.

onthedial · 19 October 2017, 05:20 PM

@GMT2Lover
If I’m reading your post correctly, I’m assuming that you’re only ten days into vintage watches in general (not just Subs). If that’s the case I’d slow down and really get to know the various sports models. There’s a lot to learn and a lot to appreciate when it comes to the Rolex brand. Regarding market prices for vintage watches, don’t let the seemingly endless movement upward turn you into a frightened impulse buyer. Once you’ve settled on the watch that really speaks to you, be patient and go after it. If you don’t land it there will always be another opportunity.
Lastly re: 16800 matte dial without box + papers...anything under 7k for an honest timepiece is a very good deal, and anything over $8500 is a bit rich (excluding examples in exquisite condition, recently serviced, important provenance, etc.).
—————
Instagram: @onthedial

GGGMT · 20 October 2017, 07:48 AM

OP: Slow down bro! 10 days in the vintage market is insufficient to educate yourself and make a good buy. Nothings going nowhere! There’s plenty of 16800s around, and other 5- and 4-digit watches. That’s a good first buy, but So is 1016, 1675, 1680, 16550, 14270, 16700, 16013, etc etc.

19 October 2017, 04:42 PM	#1
GMT2Lover "TRF" Member Join Date: Sep 2016 Location: California Posts: 22	16800 Advice Needed for a First-Timer Vintage Rolex Buyer Hi all, I have been into vintage subs for the past 10 days after trying on a double red sea-deweller. I have the opportunity to buy the following watch from a private owner, who bought it from a well respected dealer (link below). I have no idea what is the right value for this watch. https://www.hqmilton.com/timepieces/...ner-16800-5058 Pros: I like the uniformity of the patina, and the condition of the case and dial. Cons: Missing lume on the stem of the hour hand, plus a replaced pip (or bezel insert). What would be considered a steal? What would be considered overpaying?

19 October 2017, 04:51 PM	#2
GMT2Lover "TRF" Member Join Date: Sep 2016 Location: California Posts: 22	Also, is this the right first step in vintage Rolex?

19 October 2017, 05:02 PM	#3
CPRWATCH "TRF" Member Join Date: May 2016 Real Name: Paul Location: Chester UK Watch: Rolex GMT Master Posts: 4,600	Just followed the link and its SOLD , did you buy the watch .

19 October 2017, 05:20 PM	#5
onthedial "TRF" Member Join Date: Aug 2016 Location: Los Angeles Watch: IG @onthedial Posts: 587	@GMT2Lover If I’m reading your post correctly, I’m assuming that you’re only ten days into vintage watches in general (not just Subs). If that’s the case I’d slow down and really get to know the various sports models. There’s a lot to learn and a lot to appreciate when it comes to the Rolex brand. Regarding market prices for vintage watches, don’t let the seemingly endless movement upward turn you into a frightened impulse buyer. Once you’ve settled on the watch that really speaks to you, be patient and go after it. If you don’t land it there will always be another opportunity. Lastly re: 16800 matte dial without box + papers...anything under 7k for an honest timepiece is a very good deal, and anything over $8500 is a bit rich (excluding examples in exquisite condition, recently serviced, important provenance, etc.). ————— Instagram: @onthedial

20 October 2017, 07:48 AM	#6
GGGMT 2024 SubLV41 Pledge Member Join Date: Aug 2013 Location: Itinerant Watch: 79010sg Posts: 8,346	OP: Slow down bro! 10 days in the vintage market is insufficient to educate yourself and make a good buy. Nothings going nowhere! There’s plenty of 16800s around, and other 5- and 4-digit watches. That’s a good first buy, but So is 1016, 1675, 1680, 16550, 14270, 16700, 16013, etc etc.

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