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Rolex advice

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May 15, 2017, 05:29 PM
TJ 4X4
Rolex advice
Hey can anyone help me to get a value on my Rolex Submariner no date.
I bought it new in 1993 and it's been in the safe for about 6 years so I'm going to sell it off but i don't want to give it away.
Any help will be appreciated thanks.
May 15, 2017, 05:47 PM
r0gue
Some of the value depends on how complete it is, and the condition and service history. Easiest thing to do is use watchrecon.com and look for comps.




May 15, 2017, 05:54 PM
teombe
Is it a 16610 or a 14060...or is it one of the precious metal or two tone variants? Those factors will determine its value to a buyer. When was it last serviced? Subs hold their value incredibly well, so you're in luck. My estimate for a recently serviced 14060 is about $5900, with the 16610 (Sub date) going for $6500-ish. My favorite benchmark for pre-owned pristine Rolexes is www.davidsw.com

Alternatively, check the classifieds at the rolexforums.com.


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May 15, 2017, 06:07 PM
jhe888
Bob's Watches (Google) will help with a retail price. Make sure you compare it to the exact reference number. DavidSW also seems to be good, although I don't know them. My comments here apply to used watch dealers in general.

You have to be honest with yourself about the condition. Little scratches that won't bother you may drive a buyer nuts. When was it last serviced? Is it in need of a $750 service - which is what Rolex charges to service a watch?

Do you have the box and papers? They add a little to the price.

And remember that Bob's (or any sellers') price IS NOT the price you will get for it. Bob's Watches will make you an offer, but it will be for significantly less than Bob's retail price. This is to cover costs, including the cost of the watch potentially sitting there for sale for five months. It isn't a lowball offer, it is business.

You can sell it yourself for more than a re-seller will offer you, but probably not for as much as a seller like Bob's will get. You don't have Bob's reputation or marketing power. No one knows if you will take it back or fix it if there turns out to be a problem.

Rolex Forums has a buy and sell subsection, and you can look there for other indications of a selling price from one watch fan to another.




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May 15, 2017, 06:10 PM
teombe
quote:
Originally posted by jhe888:
Is it in need of a $750 service - which is what Rolex charges to service a watch?


Yup, and that's what they charge if it doesn't need a new crystal and crown. Crowns are roughly $75 extra, and crystals are in the $200 range.


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May 15, 2017, 06:19 PM
Ridgeway
Check out the sales forums at Timezone.com. You can get a general feel for the value.
May 15, 2017, 07:28 PM
jimmy123x
What model is it and what condition. You most likely can sell it here pretty quick if you're realistic with your price.
May 15, 2017, 07:35 PM
coloradohunter44
Lots of good advice above. Condition, paperwork and boxes all affect the value. If not serviced, the seals are old and it will not be waterproof. Post a few pics, and folks here can narrow it down for you, especially the face.



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May 15, 2017, 09:13 PM
davetruong
I can help out if you need. My email is david@mimisjewelryinc.com


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