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17 December 2008, 01:02 PM | #1 |
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1969 Rolex GMT - What is it worth?
So it turns out my instructor in my Tai Chi class is sporting a 1969 Rolex GMT that he bought brand new and has worn all these years. He noticed my LV and asked if his was worth anything so I told him I'd check with the experts...
So is this a grail year guys? Can he buy a vacation home in the Muskokas when he sells this piece? It is all original he only replaced the bezel when rolex serviced it a couple years ago and they re-painted the lume as well. Sorry the pics were rushed and were taken with my phone's camera! I guess you should never photograph a GMT when the GMT hand is behind the cyclops eh? Thanx all, Ren
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“Hail to the king, baby" Ash (Army of Darkness 1992) |
17 December 2008, 01:32 PM | #2 |
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What a classic! Looks like it got kicked around by Jackie Chan, Jett Li, and Bruce Lee all at the same time!
What stories that watch must tell!
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ROLEX DAY DATE 118238 (2007) ROLEX DAY DATE 18238 (1997) ROLEX GMT 16750 PEPSI (1987) ROLEX AIR KING 14000 (1991) ROLEX GMTIIC TT 116713LN (2008) |
17 December 2008, 02:06 PM | #3 |
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He could retire to Somalia with it....
Its worth a few grand. (well at least thats what I have been told the 69 Pepsi GMT in original condition I bought with a riveted bracelet is worth) The pros will chime in soon. Nice watch and interesting color, is that all brown???
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17 December 2008, 07:18 PM | #4 |
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Boy Ren, I would have thought in the 4kish range depending on condition, but the re-lume puts a damper on that.
Re-lumes take a hit in the vintage community. Interesting that the hands look to be the original tritium? Maybe it's just me, but it looks like there's some small cracks on the hour hand that sometimes occurs with older trit. hand sets. |
17 December 2008, 10:01 PM | #5 |
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This one looks much nicer, just to give you an idea.
http://cgi.ebay.com/Rolex-1675-Stain...QQcmdZViewItem
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17 December 2008, 10:11 PM | #6 |
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Allign the bezel, clean the watch, and take som better pictures - that will help the value I am sure. It could be possible to polish the glass to reduce the effects of scratches The GMT is a very solid and reliable watch that with service should last for generations.
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18 December 2008, 07:37 AM | #7 | |
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Quote:
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“Hail to the king, baby" Ash (Army of Darkness 1992) |
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17 December 2008, 10:34 PM | #8 |
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Would have to agree with Mike but if he has the service papers that state Rolex did the re-lume that would be a bonus.
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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 |
19 December 2008, 11:37 AM | #9 |
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