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#1 |
Member
Join Date: Feb 2007
Location: Virginia, USA
Watch: Blue TT Sub
Posts: 27
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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. |
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#2 |
"TRF" Life Patron
Join Date: Jun 2005
Real Name: Peter
Location: Llanfairpwllgwyng
Watch: ing you.
Posts: 52,766
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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
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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 ![]() |
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#3 | |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Oct 2006
Location: Dallas
Posts: 1,334
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Quote:
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? |
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#4 |
"TRF" Member
Join Date: Feb 2007
Real Name: Alex
Location: USA
Watch: TT Blue Sub
Posts: 2,542
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Need to see Pic's first!
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#5 |
Member
Join Date: Feb 2007
Location: Virginia, USA
Watch: Blue TT Sub
Posts: 27
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Here is the pic..
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. |
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#6 |
"TRF" Member
Join Date: Jan 2007
Location: USA
Watch: Daytona
Posts: 6,068
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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
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#7 |
"TRF" Member
Join Date: Jun 2006
Real Name: Steve-O
Location: Naplis, Merlin
Watch: Blue TT Sub
Posts: 857
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What is he asking for it?
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#8 |
"TRF" Member
Join Date: Feb 2007
Real Name: Alex
Location: USA
Watch: TT Blue Sub
Posts: 2,542
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I thought the Presidential watches were Day/Date?
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#9 |
Member
Join Date: Feb 2007
Location: Virginia, USA
Watch: Blue TT Sub
Posts: 27
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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 |
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#10 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Oct 2006
Location: Dallas
Posts: 1,334
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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.
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#11 |
Fondly Remembered
Join Date: May 2005
Real Name: JJ
Location: Auckland, NZ
Watch: ALL SOLD!!
Posts: 74,319
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There were some only Dates one around too.
JJ
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Words fail me in expressing my utmost thanks to ALL of you for this wonderful support during my hour of need!! ![]() I firmly believe that my time on planet earth is NOT yet up!! I shall fight this to the very end.......and WIN!! |
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#12 | |
Fondly Remembered
Join Date: May 2005
Real Name: JJ
Location: Auckland, NZ
Watch: ALL SOLD!!
Posts: 74,319
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Quote:
JJ
__________________
Words fail me in expressing my utmost thanks to ALL of you for this wonderful support during my hour of need!! ![]() I firmly believe that my time on planet earth is NOT yet up!! I shall fight this to the very end.......and WIN!! |
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#13 |
Member
Join Date: Feb 2007
Location: Virginia, USA
Watch: Blue TT Sub
Posts: 27
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Thanks a bunch
Thanks a bunch, gentlemen.
I truly appreciate your feedback. |
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#14 |
Fondly Remembered
Join Date: May 2005
Real Name: JJ
Location: Auckland, NZ
Watch: ALL SOLD!!
Posts: 74,319
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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 ![]()
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Words fail me in expressing my utmost thanks to ALL of you for this wonderful support during my hour of need!! ![]() I firmly believe that my time on planet earth is NOT yet up!! I shall fight this to the very end.......and WIN!! |
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#15 |
"TRF" Member
Join Date: Oct 2006
Location: USA
Watch: Oysterdate 6694
Posts: 2,713
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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.
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#16 |
"TRF" Member
Join Date: Feb 2006
Real Name: Allan
Location: St. Augustine, FL
Watch: Daytona/Sub/GMT/DJ
Posts: 20,323
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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! ![]()
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Member: Rolex Keeper's Society "You see, you can't please everyone, so you got to please yourself." - Rick Nelson |
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#17 |
Member
Join Date: Feb 2007
Location: Virginia, USA
Watch: Blue TT Sub
Posts: 27
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This is Venkat, JJ.
And thanks for stopping by. This is indeed a very informative forum. |
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#18 |
Member
Join Date: Dec 2006
Location: Toronto
Watch: 16610
Posts: 379
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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.
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#19 |
Member
Join Date: Mar 2007
Location: China
Posts: 94
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Check out my vintage gold prez for comparison.
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#20 |
"TRF" Member
Join Date: Feb 2006
Real Name: Allan
Location: St. Augustine, FL
Watch: Daytona/Sub/GMT/DJ
Posts: 20,323
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Yeah, and not only a solid gold President (as all Presidents are) - but a BARK DD!!! You are a lucky owner, my friend!
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Member: Rolex Keeper's Society "You see, you can't please everyone, so you got to please yourself." - Rick Nelson |
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#21 |
Banned
Join Date: Sep 2006
Location: S F Bay Area
Posts: 621
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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. |
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#22 |
Member
Join Date: Feb 2007
Location: Virginia, USA
Watch: Blue TT Sub
Posts: 27
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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.
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#23 | |
"TRF" Member
Join Date: Feb 2006
Real Name: Allan
Location: St. Augustine, FL
Watch: Daytona/Sub/GMT/DJ
Posts: 20,323
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Quote:
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Member: Rolex Keeper's Society "You see, you can't please everyone, so you got to please yourself." - Rick Nelson |
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#24 | |
Fondly Remembered
Join Date: May 2005
Real Name: JJ
Location: Auckland, NZ
Watch: ALL SOLD!!
Posts: 74,319
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Quote:
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__________________
Words fail me in expressing my utmost thanks to ALL of you for this wonderful support during my hour of need!! ![]() I firmly believe that my time on planet earth is NOT yet up!! I shall fight this to the very end.......and WIN!! |
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#25 |
"TRF" Member
Join Date: Feb 2006
Real Name: Allan
Location: St. Augustine, FL
Watch: Daytona/Sub/GMT/DJ
Posts: 20,323
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Putting ideas in his head, eh?
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Member: Rolex Keeper's Society "You see, you can't please everyone, so you got to please yourself." - Rick Nelson |
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#26 |
Fondly Remembered
Join Date: May 2005
Real Name: JJ
Location: Auckland, NZ
Watch: ALL SOLD!!
Posts: 74,319
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The DIRECT approach always works, Allan!!
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__________________
Words fail me in expressing my utmost thanks to ALL of you for this wonderful support during my hour of need!! ![]() I firmly believe that my time on planet earth is NOT yet up!! I shall fight this to the very end.......and WIN!! |
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#27 |
"TRF" Member
Join Date: Feb 2006
Real Name: Allan
Location: St. Augustine, FL
Watch: Daytona/Sub/GMT/DJ
Posts: 20,323
|
__________________
Member: Rolex Keeper's Society "You see, you can't please everyone, so you got to please yourself." - Rick Nelson |
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#28 |
"TRF" Member
Join Date: Jan 2007
Location: UK
Posts: 1,785
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Definetley
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