ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Alex6340 · 18 February 2021, 08:48 PM

Hey guys, I’m negotiating a 5402 D Serie serviced nov 2020. So the RO is in perfect condition.

There is one downside though. Dial and hands have been replaced with service parts (what AP now calls Classic Parts).

I’m trying to get it for 35k. My thought/fear is that I could get stuck with it in case I want to sell it, because of the service parts.

What do you think? Would you buy a 5402D with service dial and hands?

Thanks in advance

Envoyé de mon iPhone en utilisant Tapatalk

yehiashawki · 18 February 2021, 11:55 PM

could you share a pic?

Benzsiam · 18 February 2021, 11:57 PM

At that price, yes. When I purchase something like this, it means I must love it so much so I would plan to keep it for long and don't worry about value retention that much.

fullofboats · 19 February 2021, 12:10 AM

I'm not an expert on 5402 pricing, but in the current market 35k for a 39mm RO seems solid regardless of the replacement parts.

2nastie · 19 February 2021, 03:23 AM

Depends on your personal take and how long you aim to keep it for.

If you are going to sell it eventually, most individuals buying a vintage piece wants original dials and hands or at bare minimum period correct parts.

It would be a hard pass for me on vintage piece like that.

VogelPhoenix · 19 February 2021, 06:05 AM

Quote:

Originally Posted by Alex6340

Hey guys, I’m negotiating a 5402 D Serie serviced nov 2020. So the RO is in perfect condition.

There is one downside though. Dial and hands have been replaced with service parts (what AP now calls Classic Parts).

I’m trying to get it for 35k. My thought/fear is that I could get stuck with it in case I want to sell it, because of the service parts.

What do you think? Would you buy a 5402D with service dial and hands?

I assume this is a two-tone? I would probably not mind (assuming the service was done by AP and fully documented), but I'm no expert in these matters.

azizu · 19 February 2021, 06:46 AM

i'm not sure what is the current price range for D-series
i was negotiating an A-series in mint condition from a known vintage dealer and he was talking six figures

watchguy1234 · 19 February 2021, 08:20 AM

$36K for a 5402 in steel seems really low, regardless of the dial being replaced. Used 15202's are now in the $50K range and clean 5404 A/B/C that I've seen are between $60K and $100K.

edo · 19 February 2021, 08:51 AM

Also consider that on one of the italian forums 5402 expert found too much fake parts, non time period correct parts, watch cases, on almost every second 5402 offered on market from trusted and reputable dealers...

After reading that thread I found 5402 market is a mine field almost as bad as PND one...

Alex6340 · 19 February 2021, 07:04 PM

Thanks for the feedbacks

.

It’s a steel 5402D and was just serviced in 2020 at AP HQ Switzerland so I don’t worry about authenticity.

I will see it today, so will post some pictures later in the evening.

Envoyé de mon iPhone en utilisant Tapatalk

VogelPhoenix · 19 February 2021, 07:42 PM

Quote:

Originally Posted by Alex6340

Thanks for the feedbacks

.

It’s a steel 5402D and was just serviced in 2020 at AP HQ Switzerland so I don’t worry about authenticity.

I will see it today, so will post some pictures later in the evening.

Hm. A steel Jumbo, just serviced, for $35k. Not sure what the question is?

Alex6340 · 19 February 2021, 08:32 PM

Quote:

Originally Posted by VogelPhoenix

Hm. A steel Jumbo, just serviced, for $35k. Not sure what the question is?

The question is, will it be a hassle to resell it at some point because of the service parts.

Envoyé de mon iPhone en utilisant Tapatalk

VogelPhoenix · 19 February 2021, 08:56 PM

Quote:

Originally Posted by Alex6340

The question is, will it be a hassle to resell it at some point because of the service parts.

Given that $35k seems to be about 50-60% of asking/auction prices one finds online that appears unlikely - which is why I think I'm missing something here.

AK797 · 19 February 2021, 09:13 PM

Quote:

Originally Posted by Alex6340

Thanks for the feedbacks

.

It’s a steel 5402D and was just serviced in 2020 at AP HQ Switzerland so I don’t worry about authenticity.

I will see it today, so will post some pictures later in the evening.

Envoyé de mon iPhone en utilisant Tapatalk

Sounds like a good deal to me.

HMHM · 19 February 2021, 10:48 PM

Depends... where are you getting it from? If it’s from a private person I would be more careful. If it’s from a known reputable dealer then it’s possible. 5402 in steel for lower than market price deals are a bit worrying due to the possibility of being scammed. But if it’s genuine just with a service dial then it’s a great steal!

ts3 · 19 February 2021, 10:54 PM

Waiting for pics before even thinking about if this steel Jumbo is a steal or not...

illiguy · 19 February 2021, 11:25 PM

Sounds too good to be true?

Alex6340 · 20 February 2021, 02:27 AM

There she is

The guy is the first owner. He agreed for 36k

Envoyé de mon iPhone en utilisant Tapatalk

fullofboats · 20 February 2021, 02:45 AM

You've seen the AP service papers? This seller must have never heard of the internet. I assumed you were talking about a 5402SA. What are they thinking...

VogelPhoenix · 20 February 2021, 02:52 AM

Quote:

Originally Posted by Alex6340

There she is

The guy is the first owner. He agreed for 36k

Does he have any other possessions he wants to give away at 30% off? Awaiting your PM.

Alex6340 · 20 February 2021, 04:03 AM

Quote:

Originally Posted by fullofboats

You've seen the AP service papers? This seller must have never heard of the internet. I assumed you were talking about a 5402SA. What are they thinking...

Yes I saw the service papers. He got the AP as a gift in 1981. So the 36k is pure profit for him.

Envoyé de mon iPhone en utilisant Tapatalk

mjclark32 · 20 February 2021, 04:21 AM

Congrats!

Alex6340 · 20 February 2021, 04:26 AM

Quote:

Originally Posted by mjclark32

Congrats!

Thanks but not yet.

I have to sell my 25860st white dial first

Envoyé de mon iPhone en utilisant Tapatalk

fullofboats · 20 February 2021, 04:32 AM

Quote:

Originally Posted by Alex6340

Thanks but not yet.

I have to sell my 25860st white dial first

Envoyé de mon iPhone en utilisant Tapatalk

You need to snatch that 5402 up fast. If any other collector or a grey gets wind of who this seller is that piece will be gone.

jb335 · 20 February 2021, 04:43 AM

Quote:

Originally Posted by illiguy

Sounds too good to be true?

My thoughts too.

18 February 2021, 08:48 PM	#1
Alex6340 "TRF" Member Join Date: Sep 2013 Location: Switzerland Watch: 16710, PP 5167 Posts: 840	5402 D serie Hey guys, I’m negotiating a 5402 D Serie serviced nov 2020. So the RO is in perfect condition. There is one downside though. Dial and hands have been replaced with service parts (what AP now calls Classic Parts). I’m trying to get it for 35k. My thought/fear is that I could get stuck with it in case I want to sell it, because of the service parts. What do you think? Would you buy a 5402D with service dial and hands? Thanks in advance Envoyé de mon iPhone en utilisant Tapatalk __________________ Instagram: swisswatchologist

18 February 2021, 11:57 PM	#3
Benzsiam 2024 Pledge Member Join Date: Mar 2015 Location: USA Watch: Rolex/AP/PP/ALS Posts: 6,002	At that price, yes. When I purchase something like this, it means I must love it so much so I would plan to keep it for long and don't worry about value retention that much. __________________ Rolex: 116621, 126333, 126711CHNR, 114060, 116500LN White, 126660 JC, 126710BLNR, 126710BLRO, 116610LV, 126610LN, 126610LV, 116508 YG Green Dial, 124300 Turquoise, 126719BLRO Meteorite dial, 228235 Olive dial ,126755SARU, 116505 RG Black dial, 326934 Blue Sky D. AP: 15451ST Blue, 15500OR w/Bracelet, 14790SA, 14790BA, 26022BC(Salmon) PP: 5524R, 5712G, ALS: Time Zone 136.032, Cartier: WGSA0030, WSSA0061, YG Oct. 2965, Carree 2961, YG Carree, Tank W5000156 Breguet: 7137BA, MontBlanc: 109996"

19 February 2021, 06:46 AM	#7
azizu "TRF" Member Join Date: Aug 2020 Location: Saudi Arabia Watch: Patek 3700/11AJ Posts: 717	i'm not sure what is the current price range for D-series i was negotiating an A-series in mint condition from a known vintage dealer and he was talking six figures __________________ Current Collection: PP 3700/11AJ, PP 5170G, PP 5320G, PP 5712/1A, APRO 15500, Rolex 116234, Rolex GMT Master2 BLNR, Omega SMP, Baume & Mercier M0A10280

19 February 2021, 07:04 PM	#10
Alex6340 "TRF" Member Join Date: Sep 2013 Location: Switzerland Watch: 16710, PP 5167 Posts: 840	Thanks for the feedbacks . It’s a steel 5402D and was just serviced in 2020 at AP HQ Switzerland so I don’t worry about authenticity. I will see it today, so will post some pictures later in the evening. Envoyé de mon iPhone en utilisant Tapatalk __________________ Instagram: swisswatchologist

20 February 2021, 02:27 AM	#18
Alex6340 "TRF" Member Join Date: Sep 2013 Location: Switzerland Watch: 16710, PP 5167 Posts: 840	There she is The guy is the first owner. He agreed for 36k Envoyé de mon iPhone en utilisant Tapatalk __________________ Instagram: swisswatchologist

18 February 2021, 11:55 PM	#2
yehiashawki "TRF" Member Join Date: Mar 2018 Location: Egypt Posts: 62	could you share a pic?

19 February 2021, 12:10 AM	#4
fullofboats "TRF" Member Join Date: Apr 2019 Location: Hong Kong Posts: 528	I'm not an expert on 5402 pricing, but in the current market 35k for a 39mm RO seems solid regardless of the replacement parts.

19 February 2021, 03:23 AM	#5
2nastie "TRF" Member Join Date: Nov 2016 Location: YVR Watch: Time Only Posts: 2,332	Depends on your personal take and how long you aim to keep it for. If you are going to sell it eventually, most individuals buying a vintage piece wants original dials and hands or at bare minimum period correct parts. It would be a hard pass for me on vintage piece like that.

19 February 2021, 08:20 AM	#8
watchguy1234 "TRF" Member Join Date: Jul 2019 Location: NYC Posts: 93	$36K for a 5402 in steel seems really low, regardless of the dial being replaced. Used 15202's are now in the $50K range and clean 5404 A/B/C that I've seen are between $60K and $100K.

19 February 2021, 08:51 AM	#9
edo "TRF" Member Join Date: May 2012 Location: Sarajevo Posts: 1,929	Also consider that on one of the italian forums 5402 expert found too much fake parts, non time period correct parts, watch cases, on almost every second 5402 offered on market from trusted and reputable dealers... After reading that thread I found 5402 market is a mine field almost as bad as PND one...

19 February 2021, 10:48 PM	#15
HMHM "TRF" Member Join Date: Oct 2019 Real Name: HM Location: 🇲🇾 Posts: 2,477	Depends... where are you getting it from? If it’s from a private person I would be more careful. If it’s from a known reputable dealer then it’s possible. 5402 in steel for lower than market price deals are a bit worrying due to the possibility of being scammed. But if it’s genuine just with a service dial then it’s a great steal!

19 February 2021, 10:54 PM	#16
ts3 "TRF" Member Join Date: Nov 2018 Location: Europe Posts: 3,517	Waiting for pics before even thinking about if this steel Jumbo is a steal or not...

19 February 2021, 11:25 PM	#17
illiguy 2024 SubLV41 Pledge Member Join Date: Dec 2013 Location: UTC/GMT -5 Posts: 3,662	Sounds too good to be true?

20 February 2021, 02:45 AM	#19
fullofboats "TRF" Member Join Date: Apr 2019 Location: Hong Kong Posts: 528	You've seen the AP service papers? This seller must have never heard of the internet. I assumed you were talking about a 5402SA. What are they thinking...

20 February 2021, 04:21 AM	#22
mjclark32 "TRF" Member Join Date: Mar 2010 Real Name: MJC Location: PHL USA Watch: IWC, Rolex, AP Posts: 29,232	Congrats! __________________

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)