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Old 22 June 2024, 10:38 AM   #1
PhilSF
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Icon20 Kermit Flat 4 Opportunity

Stumbled on a 2003 Kermit Flat 4 at a remote AD. Asking $28k with B&P, which is over market. But this timepiece is stunning and so rare.

AD holding it for 24 hours. Do I buy or pass?
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Old 22 June 2024, 10:41 AM   #2
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Do you want an 03 LV Sub? That out, I think it’s way overpriced. I would keep looking.
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Old 22 June 2024, 10:47 AM   #3
Justinmg
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Pass! Hard pass for a small detail on a bezel. It’s all made up hype
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Old 22 June 2024, 10:49 AM   #4
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A big decision at that price point.

AU$42000.

Wow.

But if you really want it.

They are not making any more of that model.
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Old 22 June 2024, 10:51 AM   #5
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Pass! Hard pass for a small detail on a bezel. It’s all made up hype
Then there are those old manual Daytonas they couldn’t sell in their day.

I am biased - I like my old LV.

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Old 22 June 2024, 11:32 AM   #6
Old Expat Beast
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Pass.
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Old 22 June 2024, 11:51 AM   #7
Zach69SS
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Op, that’s allot of $$$ for a flat 4 Sub and they have come down in price recently.
But if you really gotta have it go for it and enjoy, you only live once.

Cheers,
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Old 22 June 2024, 11:53 AM   #8
Onequik135i
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I do believe these can be had for under $20k ??? That’s alot.
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Old 22 June 2024, 12:01 PM   #9
BlondesNwatches
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Hard pass
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Old 22 June 2024, 12:19 PM   #10
Joearch
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Can’t imagine touching one for that price. Flat four not that big of a deal for me. Mostly mega hype from the crazy days past. 10% premium if any seems reasonable. I do like the original LV. Happy to have a nice exmple.
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Old 22 June 2024, 12:24 PM   #11
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Crazy expensive. Here is one RSC serviced for $10k less https://nashvillewatch.com/product/r...f-serial-2003/
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Old 22 June 2024, 12:33 PM   #12
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Hard pass.


Just another WIS who loves to trade.
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Old 22 June 2024, 12:58 PM   #13
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If they don’t come down in price I would hold off. Just wait
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Old 22 June 2024, 01:46 PM   #14
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Pass. Too silly funny stupid $$$. They’re around at a lot let than that.

It’s a sick watch. I’ll never sell, or wear, mine.




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Old 22 June 2024, 02:14 PM   #15
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Absolutely pass.
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Old 22 June 2024, 02:56 PM   #16
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Quote:
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Pass. Too silly funny stupid $$$. They’re around at a lot let than that.

It’s a sick watch. I’ll never sell, or wear, mine.




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You won’t wear it? Why not?
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Old 22 June 2024, 03:02 PM   #17
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Comical price
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Old 22 June 2024, 03:09 PM   #18
Watchdog
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Not a chance in the world
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Old 22 June 2024, 05:21 PM   #19
Jb1264
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You won’t wear it? Why not?
Risk of causing damage/wear to the bezel?
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Old 22 June 2024, 05:21 PM   #20
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I’d it’s an unworn y serial I can understand it. F series and worn, then way over
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Old 22 June 2024, 06:05 PM   #21
padi56
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Quote:
Originally Posted by Justinmg View Post
Pass! Hard pass for a small detail on a bezel. It’s all made up hype
Have to agree but hype sells watches to today as many buy the hype to wear it. Plus there has been reports on forum when they sent there 16610LV with a pointed 4 font, when returned it had a flat 4 font but insert was a slightly different colour green. All the subs SD in this same time frame had flat 4 insert fonts and its been used a few time over the past 50 odd year's.
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Old 22 June 2024, 06:14 PM   #22
geoach
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I have a Y96 ser num w/flat 4 mark 1 dial with paper paid 16k seller here. Pass BTW I wear it even though bezel is worth 3k. ...........live once
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Old 22 June 2024, 07:10 PM   #23
loupe
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Nope.

Mine has sat in a safe for 15 plus years.
It was basically unworn NOS condition.
I toyed with the idea of selling it recently but no takers at £17k so thought stuff it, I’ll wear and enjoy it instead.
Love it and won’t be selling anytime soon.

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Old 22 June 2024, 07:19 PM   #24
padi56
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I have a Y96 ser num w/flat 4 mark 1 dial with paper paid 16k seller here. Pass BTW I wear it even though bezel is worth 3k. ...........live once
What its worth is what someone is willing to pay, and afraid today that's why many inserts are replicated,speaking for myself would never pay crazy money for any 16610lV no matter the insert font .
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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.

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Old 22 June 2024, 08:35 PM   #25
karleone
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Hard pass. Get an unpolished non flat 4 for much less.
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Old 22 June 2024, 08:37 PM   #26
Neil McCauley
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More room to fall, IMO.

Dealer holding for 24hrs? Hahahaha, creating false demand much? You're probably his only bite on the watch. Not many people are queueing up for pieces like this for that money right now.
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Old 22 June 2024, 08:37 PM   #27
illiguy
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Quote:
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I’d it’s an unworn y serial I can understand it. F series and worn, then way over
This. I’d go non Flat 4, save a bunch of cash, and enjoy the hell out of, arguably, the best Submariner in the last 20 years.
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Old 22 June 2024, 09:11 PM   #28
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It’s a great watch, truly the best of the neovintage/5-digit era… but I’d stick to a pointy-4 and wear it regularly (even get two for that price!).

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Old 22 June 2024, 09:15 PM   #29
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Buying a watch, especially a rare and stunning one like the 2003 Kermit Flat 4, is a decision that balances emotion and practicality, you could try negotiating a better price or take some time to think it over before committing. Ultimately, it's about balancing your passion for the watch with its value proposition in your collection.
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Old 22 June 2024, 09:20 PM   #30
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Welcome to the forum.

Sounds like alot
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