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James Lee · 2 April 2021, 12:42 PM

Friends,

A dilemma...I have two Rolex DateJust watches: 1. a just serviced 1986 16013 in Two Tone with Black Dial, 2. a rusted out 1989 16030 that needs a new movement which will cost approx. $1,900 and full refurbish at $3,000 including new dial and hands. It's estimated that the case and bracelet are worth $1,500. It is, however, a conversion to two tone from a 16030.

Ultimately I would like to buy a current (ideally new) 36mm Datejust. The first watch has some sentimental value but ignore that for the time being.

Do I grab the $1,500 cash from the rusted Datejust and sell the 1986 to apply toward a purchase order on the new 36?

Do I fix the rusted watch and try to sell in this market for more money?

Do I keep the 1986 DateJust and enjoy it and put in more money for a new DateJust?

Are there other alternatives or strategies I should look at?

What would you do?

RolexRog · 2 April 2021, 01:01 PM

I wouldn't bother fixing up the rusted out one to get more money, just kind of seems like a waste of time for such LITTLE money.

James Lee · 2 April 2021, 02:07 PM

Quote:

Originally Posted by RolexRog

I wouldn't bother fixing up the rusted out one to get more money, just kind of seems like a waste of time for such LITTLE money.

Won't it be worth more when fixed?

CaveDweller · 2 April 2021, 06:30 PM

Nope ....

padi56 · 2 April 2021, 07:30 PM

Quote:

Originally Posted by James Lee

Won't it be worth more when fixed?

Well today Rolex watches are now little more than £££££$$$$€€€€€€$$$£££ object things and like all things it's only worth what someone will pay, IMHO not worth the money or effort to restore it.

peterpl · 2 April 2021, 07:32 PM

No point fixing that old DJ. How much are we talking? It wont be much so not worth the effort.

Just scrap it for whatever you can get + the just services DJ + add some money for the newer DJ36.

CLTRolex · 2 April 2021, 07:34 PM

Sounds like you’re over concerned about the money. Maybe Rolex isn’t for you..

Boaters · 2 April 2021, 07:40 PM

I wouldn't fix the rusted one. Good luck on whatever you choose.

jimcameron · 2 April 2021, 07:45 PM

I suspect the rusted out 36 is worth less than $1500 when being sold by a private party.

You having the rusted out 36 repaired and then trying to sell it will only put you deeper in the hole.

You already own a recently serviced 36tt with black dial, which is a great watch.

I would take whatever I could get for the rustbucket and enjoy my newly serviced 36.

1William · 2 April 2021, 09:19 PM

I would not restore the rusted out watch as it is not worth it for the value at the end. I would move both watches for as much as I could get and then go buy the watch I want.

2 April 2021, 12:42 PM	#1
James Lee "TRF" Member Join Date: Apr 2021 Location: Atlanta Posts: 7	Need Advice on a Complex Rolex Decision Friends, A dilemma...I have two Rolex DateJust watches: 1. a just serviced 1986 16013 in Two Tone with Black Dial, 2. a rusted out 1989 16030 that needs a new movement which will cost approx. $1,900 and full refurbish at $3,000 including new dial and hands. It's estimated that the case and bracelet are worth $1,500. It is, however, a conversion to two tone from a 16030. Ultimately I would like to buy a current (ideally new) 36mm Datejust. The first watch has some sentimental value but ignore that for the time being. Do I grab the $1,500 cash from the rusted Datejust and sell the 1986 to apply toward a purchase order on the new 36? Do I fix the rusted watch and try to sell in this market for more money? Do I keep the 1986 DateJust and enjoy it and put in more money for a new DateJust? Are there other alternatives or strategies I should look at? What would you do?

2 April 2021, 07:34 PM	#7
CLTRolex "TRF" Member Join Date: Sep 2006 Real Name: Robert Location: Charlotte/London Watch: Multiple Posts: 889	Sounds like you’re over concerned about the money. Maybe Rolex isn’t for you.. __________________ ♕ Daytona - 116506 ♕ GMT-Master II - 116710BLNR ♕ Yacht-Master II - 116680 ♕ Daytona - 116520 ♕ Explorer II - 16570

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2 April 2021, 01:01 PM	#2
RolexRog "TRF" Member Join Date: May 2020 Location: Utah Posts: 251	I wouldn't bother fixing up the rusted out one to get more money, just kind of seems like a waste of time for such LITTLE money.

2 April 2021, 06:30 PM	#4
CaveDweller "TRF" Member Join Date: Feb 2017 Location: Gogland Watch: Timex Posts: 267	Nope ....

2 April 2021, 07:32 PM	#6
peterpl Banned Join Date: Aug 2012 Location: . Posts: 6,692	No point fixing that old DJ. How much are we talking? It wont be much so not worth the effort. Just scrap it for whatever you can get + the just services DJ + add some money for the newer DJ36.

2 April 2021, 07:40 PM	#8
Boaters 2024 Pledge Member Join Date: May 2015 Real Name: Mike Location: Pacific Northwest Watch: 116610LV 16710 SD Posts: 10,653	I wouldn't fix the rusted one. Good luck on whatever you choose.

2 April 2021, 07:45 PM	#9
jimcameron "TRF" Member Join Date: Dec 2005 Location: ByDawns Earlylite Watch: 16800 Posts: 3,580	I suspect the rusted out 36 is worth less than $1500 when being sold by a private party. You having the rusted out 36 repaired and then trying to sell it will only put you deeper in the hole. You already own a recently serviced 36tt with black dial, which is a great watch. I would take whatever I could get for the rustbucket and enjoy my newly serviced 36.

2 April 2021, 09:19 PM	#10
1William 2024 SubLV41 Pledge Member Join Date: Nov 2010 Location: North Carolina Watch: Rolex/Others Posts: 47,598	I would not restore the rusted out watch as it is not worth it for the value at the end. I would move both watches for as much as I could get and then go buy the watch I want.

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