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#1 |
"TRF" Member
Join Date: Jan 2008
Real Name: Joey
Location: Dallas, TX
Watch: SS Sub 16610 M
Posts: 3,824
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Question re YM, local sale - no papers
Hey folks,
Got a question regarding a YM in good condition (minimal scratches). Owner says it was a hand-me-down from his grandpa. He has no papers, no box... but he is willing to meet up at a jeweler to have it authenticated (at my request). Now, several questions: 1. How do I have the jeweler authenticate the watch and is there a charge? Should I go to my AD? Do jewelers routinely do this service? Is there a charge? 2. What is a good price for a good condition YM if it is truly authentic? 3. What other steps can I undertake? If the jeweler deems it authentic, should I send it to Rolex for an overhaul/service and will they provide me with papers regarding its authenticity? How much should I pay for the YM? Thanks, Joey
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Current Rotation: Rolex Submariner Date (M) - 1/08, Rolex Milgauss GV (V) - 2/10, Rolex SS Black Daytona (V) - 6/10, Rolex GMTIIC (G) - 5/11, TAG Heuer Silverstone (286/1860) - 1/2015 Former-watches: Omega PO/2535.80/2254, TAG Carrera/F1x2/Monaco, Panerai 312K/292L Wish List: Panerai 270/505, Rolex SMURF, Rolex RG Daytona, Rolex DSSD |
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#2 | |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Apr 2006
Real Name: Jocke
Location: Sweden
Watch: A dozen of Rolex's
Posts: 22,537
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Quote:
So check the watch out at a Rolex dealer. And cheak out Ebay to get a hint of the price. Good luck. Jocke
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This message is written in perfect swenglish. What is best a custom Rolex or a Rolex that is stuck in custom? Buy a professional camera and you´re a professional photographer, buy a flute and you own a flute. |
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#3 |
"TRF" Member
Join Date: Nov 2007
Location: CA
Posts: 3,295
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A jeweler / AD will only check the movement (at a fee, most times). Not 100% accurate overall.
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#4 |
"TRF" Member
Join Date: Apr 2006
Real Name: Paul
Location: Wales, UK
Posts: 14,578
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$5000 would be a reasonable price for a fully authentic 2003 YM Pt with no box/papers.
It may be an idea to have the watch serviced by RSC and pay the chap after it comes back. You pay for the service, of course.
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#5 |
"TRF" Member
Join Date: Apr 2007
Real Name: Bo
Location: Denmark
Watch: Rolex, of course!
Posts: 22,436
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MSRP of the YM SS/PT (if you refer that that YM model) is US 9,175.
Depending on the condition, I would pay 5 to 5,5 K for it, but I would also have it authenticated BEFORE paying for it. Some AD's don't charge for authenticating a Rolex while others typically charge US $ 75. The YM should be serviced 5-7 years after its manufacturing year (confer the serial number between the lugs).
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With kind regards, Bo LocTite 221: The Taming Of The Screw... |
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#6 |
"TRF" Member
Join Date: Oct 2007
Real Name: Coop
Location: U.S.A.
Watch: Subs
Posts: 6,455
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#7 |
Banned
Join Date: May 2008
Location: Nevada
Watch: GMTIIc
Posts: 229
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It's always handed down from a grandpa. Having it serviced is a great idea since they take the entire watch apart. Not to sound untrusting but how much effort do AD's put into authenticating a watch, how much experience does the person examining the watch have, and i heard that there are high end fake movements out there. The chances that you get a fake high end movement that gets by an AD inspection is rare, but $500 for peace of mind may be worth it...and you get a completely serviced watch...good call Paul
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#8 |
"TRF" Member
Join Date: Dec 2007
Real Name: David
Location: USA
Watch: your step!
Posts: 7,882
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Perfect idea, and a contract to state this explicitly.
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Rolex. The Rolex of watches. 16570 Expy2 Noir, 116710 GMT Master II, 2552.80 SMP |
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