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22 July 2020, 08:07 AM | #1 |
"TRF" Member
Join Date: Jul 2020
Location: Florida
Posts: 3
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Opinion Question
Hello,
I have the opportunity to purchase a complete set 1961 Rolex GMT 1675 Pepsi with box and papers for $20k. The watch has been in the sellers family since it was bought in the 60’s. The watch does need a replacement piece in the movement but I was told it is nothing severe. I have the model of the piece that’s needed. The watch is all original and the bezel is quite faded. I can buy it for $20k all in. Is this a good buy? Is it likely to fetch more at auction? I found comps that sold for more but I’m afraid what a replacement piece in the movement will do to the value of the watch. Any help is appreciated! |
22 July 2020, 08:17 AM | #2 |
"TRF" Member
Join Date: Apr 2019
Location: USA
Posts: 208
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From the moderators:
“ It takes fewer than 5 minutes to research almost any Rolex model and find what they are being sold for across the Internet. You are urged to search the Forum Sales Board if you are seeking an estimate of value for your watch, or search the Internet for prevailing values. TRF is neither a shopping service for you, nor is it a valuation service as value varies widely depending on condition and local economies.” |
22 July 2020, 08:23 AM | #3 |
"TRF" Member
Join Date: May 2013
Real Name: Nick
Location: Las Vegas
Watch: 1601
Posts: 10,619
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Opinion Question
You may get more enthusiasm posting this in the vintage section. I personally would put my money elsewhere, especially if it revolves around value and profit.
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