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babuzcool · 10 March 2007, 01:36 AM

Friends,

I have been offered a Men's President Date - solid 18K - E series - bought in 1990 and verr lightly worn.
Is it good to buy this 17 year watch?
What would be a fair price to pay for it.

Your advice in this regard will be very helpful.

Thanks in advance.

padi56 · 10 March 2007, 01:46 AM

Well not a problem with any 17 year old Rolex watch now a 18238 will have the Cal 3155.A great movement,now price around the $8000-$8750 perhaps a bit more for a mint example with box papers etc trade price less.

There is a much newer one for sale in our own forum.

http://www.rolexforums.com/showthread.php?t=14491

ian.thomas · 10 March 2007, 01:48 AM

Quote:

Originally Posted by babuzcool

Friends,

I have been offered a Men's President Date - solid 18K - E series - bought in 1990 and verr lightly worn.
Is it good to buy this 17 year watch?
What would be a fair price to pay for it.

Your advice in this regard will be very helpful.

Thanks in advance.

Sure it's ok to buy an older watch. If it's in good condition and you like it go for it. Do you know the service history? For sure the watch should have been serviced at least once by now and is in need of another if not already done.

I'm not sure of price, but depending on condition of the watch and bracelet I think you're looking at $6-8k. Maybe more if it's got a special dial.

Got a pic?

nko51 · 10 March 2007, 02:11 AM

Need to see Pic's first!

babuzcool · 10 March 2007, 02:28 AM

Thanks a bunch for the replies.
I am attaching a pic.
I dont tthink the watch has ever been serviced.
It has the box, papers etc.
Seller claims he has only worn it 5 times.

Solo118 · 10 March 2007, 04:05 AM

Sure it looks good, But who knows whats going on inside of that thing not being serviced for 17 years, Check the internals before purchasing

steve-o · 10 March 2007, 04:20 AM

Quote:

Originally Posted by babuzcool

Thanks a bunch for the replies.
I am attaching a pic.
I dont tthink the watch has ever been serviced.
It has the box, papers etc.
Seller claims he has only worn it 5 times.

What is he asking for it?

nko51 · 10 March 2007, 04:22 AM

Quote:

Originally Posted by babuzcool

Thanks a bunch for the replies.
I am attaching a pic.
I dont tthink the watch has ever been serviced.
It has the box, papers etc.
Seller claims he has only worn it 5 times.

I thought the Presidential watches were Day/Date?

babuzcool · 10 March 2007, 04:28 AM

He is asking $6000 for it. Negotiable.
I will defintely have my jeweler appraise it before buy it.
I will then have it get it serviced immediately.

What would be good price to negotiate?

Thanks

ian.thomas · 10 March 2007, 05:11 AM

That's not a President. President is a type of bracelet that comes on the Day-Date. That watch is a Gold Date - still nice, but way different in terms of resale value. This watch has a hollow bracelet and a smaller head than the DateJust. Therefore, I think $4k is more in line for that watch.

JJ Irani · 10 March 2007, 05:12 AM

Quote:

Originally Posted by nko51

I thought the Presidential watches were Day/Date?

There were some only Dates one around too.

JJ

JJ Irani · 10 March 2007, 05:14 AM

Quote:

Originally Posted by babuzcool

Thanks a bunch for the replies.
I am attaching a pic.
I dont tthink the watch has ever been serviced.
It has the box, papers etc.
Seller claims he has only worn it 5 times.

That's definitely NO President model. Looks like a simple DATE model with fluted bezel on an Oyster bracelet.

JJ

babuzcool · 10 March 2007, 05:19 AM

Thanks a bunch, gentlemen.
I truly appreciate your feedback.

JJ Irani · 10 March 2007, 05:22 AM

Quote:

Originally Posted by babuzcool

Thanks a bunch, gentlemen.
I truly appreciate your feedback.

You're welcome, pal. BTW, is that you, Venkat?

Welcome to TRF!! Plenty of knowledge to be gained here as well as some very good friends!!

Cheers - JJ

mikey · 10 March 2007, 08:16 AM

With so much money being dealt with, I would recommend you check out an AD to make a purchase. You could get a sweet new Rolex for that kinda money and all the perks an AD offers.

Prince · 10 March 2007, 09:03 AM

Yep, that's a Rolex Date model, but NOT a President. The President is a Day-Date with the special bracelet that was called the President, attached to the new Day-Date model, and one was presented to Dwight Eisenhower, thus building upon the entire watch being called the President.

Nice Date, though!

babuzcool · 10 March 2007, 01:55 PM

This is Venkat, JJ.
And thanks for stopping by.
This is indeed a very informative forum.

rolexfan21 · 10 March 2007, 02:07 PM

babuzcool... im gonna give you my personal opinion here... #1... That is no president day-date.... Day-dates always have the Monday/tuesday/wed...etc... it looks like a date model and 6K is WAY too much for that in my opinion. especially if it is 17 years old. you can get one brand new for approximately the same price. I dono if the price i'd give it is really low but i wouldnt pay more than 3.5K for it.

nudie · 11 March 2007, 07:35 AM

Check out my vintage gold prez for comparison.

Prince · 11 March 2007, 07:39 AM

Quote:

Originally Posted by nudie

Check out my vintage gold prez for comparison.

Yeah, and not only a solid gold President (as all Presidents are) - but a BARK DD!!! You are a lucky owner, my friend!

OysterDavid · 11 March 2007, 07:40 AM

As the owner of a 14K Date model, everything observed and reported thusfar is correct. That isn't a Day-Date Presidential. If this is a watch you're interested in, first figure out if it's 18K or 14K. There are more 14K models floating around than 18K. From that era, it would likely have an 8 or 9 million serial number.

Also note the Oyster bracelet is a rivet bracelet that limits the amount of adjustment that can be made. You have only the clasp adjustment, no removable links.

A price of $4000 appears to be what these pieces are going for.

It's a great watch...just make sure you're getting what you think you are getting if this is what you'd like to purchase.

babuzcool · 11 March 2007, 09:43 AM

After all the fantastic feedback and information, I have decided to go in for a newer watch (maybe a TT SS ) for the money I am planning to spend. But, nothing is certain till have my dream Rolex around my wrist.

Prince · 11 March 2007, 10:24 AM

Quote:

Originally Posted by babuzcool

After all the fantastic feedback and information, I have decided to go in for a newer watch (maybe a TT SS ) for the money I am planning to spend. But, nothing is certain till have my dream Rolex around my wrist.

Sounds great! I'm sure you will make an excellent decision!

JJ Irani · 11 March 2007, 10:25 AM

Quote:

Originally Posted by babuzcool

After all the fantastic feedback and information, I have decided to go in for a newer watch (maybe a TT SS ) for the money I am planning to spend. But, nothing is certain till have my dream Rolex around my wrist.

So which is your dream Rolex, Venkat? The TT Blue SUB?

Prince · 11 March 2007, 10:35 AM

Quote:

Originally Posted by JJ Irani

So which is your dream Rolex, Venkat? The TT Blue SUB?

Putting ideas in his head, eh?

JJ Irani · 11 March 2007, 10:41 AM

Quote:

Originally Posted by Prince

Putting ideas in his head, eh?

The DIRECT approach always works, Allan!!

Prince · 11 March 2007, 11:20 AM

Quote:

Originally Posted by JJ Irani

The DIRECT approach always works, Allan!!

Indeed it does, JJ!!

Alex Stylianou · 11 March 2007, 10:42 PM

Definetley

10 March 2007, 01:46 AM	#2
padi56 "TRF" Life Patron Join Date: Jun 2005 Real Name: Peter Location: Llanfairpwllgwyng Watch: ing you. Posts: 52,766	Well not a problem with any 17 year old Rolex watch now a 18238 will have the Cal 3155.A great movement,now price around the $8000-$8750 perhaps a bit more for a mint example with box papers etc trade price less. There is a much newer one for sale in our own forum. http://www.rolexforums.com/showthread.php?t=14491 __________________ ICom Pro3 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. www.mc0yad.club Second in command CEO and left handed watch winder

10 March 2007, 02:11 AM	#4
nko51 "TRF" Member Join Date: Feb 2007 Real Name: Alex Location: USA Watch: TT Blue Sub Posts: 2,542	Need to see Pic's first! __________________

10 March 2007, 04:28 AM	#9
babuzcool Member Join Date: Feb 2007 Location: Virginia, USA Watch: Blue TT Sub Posts: 27	Thanks again He is asking $6000 for it. Negotiable. I will defintely have my jeweler appraise it before buy it. I will then have it get it serviced immediately. What would be good price to negotiate? Thanks

10 March 2007, 05:19 AM	#13
babuzcool Member Join Date: Feb 2007 Location: Virginia, USA Watch: Blue TT Sub Posts: 27	Thanks a bunch Thanks a bunch, gentlemen. I truly appreciate your feedback.

10 March 2007, 09:03 AM	#16
Prince "TRF" Member Join Date: Feb 2006 Real Name: Allan Location: St. Augustine, FL Watch: Daytona/Sub/GMT/DJ Posts: 20,323	Yep, that's a Rolex Date model, but NOT a President. The President is a Day-Date with the special bracelet that was called the President, attached to the new Day-Date model, and one was presented to Dwight Eisenhower, thus building upon the entire watch being called the President. Nice Date, though! __________________ Member: Rolex Keeper's Society "You see, you can't please everyone, so you got to please yourself." - Rick Nelson

10 March 2007, 01:36 AM	#1
babuzcool Member Join Date: Feb 2007 Location: Virginia, USA Watch: Blue TT Sub Posts: 27	Men's President Date - solid 18K - HELP needed on price Friends, I have been offered a Men's President Date - solid 18K - E series - bought in 1990 and verr lightly worn. Is it good to buy this 17 year watch? What would be a fair price to pay for it. Your advice in this regard will be very helpful. Thanks in advance.

10 March 2007, 04:05 AM	#6
Solo118 "TRF" Member Join Date: Jan 2007 Location: USA Watch: Daytona Posts: 6,068	Sure it looks good, But who knows whats going on inside of that thing not being serviced for 17 years, Check the internals before purchasing

10 March 2007, 05:11 AM	#10
ian.thomas 2024 ROLEX SUBMARINER 41 Pledge Member Join Date: Oct 2006 Location: Dallas Posts: 1,334	That's not a President. President is a type of bracelet that comes on the Day-Date. That watch is a Gold Date - still nice, but way different in terms of resale value. This watch has a hollow bracelet and a smaller head than the DateJust. Therefore, I think $4k is more in line for that watch.

10 March 2007, 08:16 AM	#15
mikey "TRF" Member Join Date: Oct 2006 Location: USA Watch: Oysterdate 6694 Posts: 2,713	With so much money being dealt with, I would recommend you check out an AD to make a purchase. You could get a sweet new Rolex for that kinda money and all the perks an AD offers.

10 March 2007, 01:55 PM	#17
babuzcool Member Join Date: Feb 2007 Location: Virginia, USA Watch: Blue TT Sub Posts: 27	This is Venkat, JJ. And thanks for stopping by. This is indeed a very informative forum.

10 March 2007, 02:07 PM	#18
rolexfan21 Member Join Date: Dec 2006 Location: Toronto Watch: 16610 Posts: 379	babuzcool... im gonna give you my personal opinion here... #1... That is no president day-date.... Day-dates always have the Monday/tuesday/wed...etc... it looks like a date model and 6K is WAY too much for that in my opinion. especially if it is 17 years old. you can get one brand new for approximately the same price. I dono if the price i'd give it is really low but i wouldnt pay more than 3.5K for it.

11 March 2007, 07:35 AM	#19
nudie Member Join Date: Mar 2007 Location: China Posts: 94	Check out my vintage gold prez for comparison.

11 March 2007, 07:40 AM	#21
OysterDavid Banned Join Date: Sep 2006 Location: S F Bay Area Posts: 621	As the owner of a 14K Date model, everything observed and reported thusfar is correct. That isn't a Day-Date Presidential. If this is a watch you're interested in, first figure out if it's 18K or 14K. There are more 14K models floating around than 18K. From that era, it would likely have an 8 or 9 million serial number. Also note the Oyster bracelet is a rivet bracelet that limits the amount of adjustment that can be made. You have only the clasp adjustment, no removable links. A price of $4000 appears to be what these pieces are going for. It's a great watch...just make sure you're getting what you think you are getting if this is what you'd like to purchase.

11 March 2007, 09:43 AM	#22
babuzcool Member Join Date: Feb 2007 Location: Virginia, USA Watch: Blue TT Sub Posts: 27	After all the fantastic feedback and information, I have decided to go in for a newer watch (maybe a TT SS ) for the money I am planning to spend. But, nothing is certain till have my dream Rolex around my wrist.

11 March 2007, 10:42 PM	#28
Alex Stylianou "TRF" Member Join Date: Jan 2007 Location: UK Posts: 1,785	Definetley

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