Whaaay,
The good news:
A 19 year-old Submariner could be worth quite a few bob.
The Bad news:
The time-keeping standard for a good mechanical watch is +6 or -4 seconds per day.
Anything outside this will usually indicate a problem (if new) or a watch going off and requiring a service.
Rolex recommend a service every 5 years which will involve completely dismantling, cleaning & re-assembling the watch.
..
Regards,
Charlie
Just as an update the watch is now with one of the specialist watch firms mentioned on these pages undergoing a full service.
Interestingly it appears the watch was already 22 years old when I bought it and although there was no market in vintage Rolexes then, there is now.
Their valuation for this 41-year-old watch ? £15,000.
Which brings with it a dilemma. I'm very fond of it but am I 15 grand fond of it ?
Woah......you gotta sell it. Sentiment is nice but 15k is nicer!!
Just as an update the watch is now with one of the specialist watch firms mentioned on these pages undergoing a full service.
Interestingly it appears the watch was already 22 years old when I bought it and although there was no market in vintage Rolexes then, there is now.
Their valuation for this 41-year-old watch ? £15,000.
Which brings with it a dilemma. I'm very fond of it but am I 15 grand fond of it ?
OP, Why not have a look at Sothebys.com and you should be able to get an indication what the watch is actually worth, instead of pondering over misconceptions. Otherwise yoiu are living in Walter Mitty territory.
Eh, the £15K valuation was carried out by a specialist firm...
OP, Why not have a look at Sothebys.com and you should be able to get an indication what the watch is actually worth, instead of pondering over misconceptions. Otherwise yoiu are living in Walter Mitty territory.
And is the owner of the piece expected to work on the valuation of a single specialist or check the overall market ?? Could be worth £10k more for all anybody knows.
However, your use of the phrase "Walter Mitty territory" implies fantasy on the part of the OP.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?