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Welshy · 6 June 2021, 02:16 AM

Hello, I have an acquaintance who owns a jewelry store. They let me know the have a 2004 GMT 12670 in excellent condition. I haven’t seen the watch in person, but they let me know they’d hold it for me. Thoughts?

“Retail” is 15k USD. I doubt I’ll pull the trigger, but would love feedback. If all is right I might offer 12 and pass if it can’t work. Thanks 305416C6-325E-4DDF-BB4B-9328D4AA9912.jpeg

5D6EE279-9385-4E3F-ACE6-09F71151BDCA.jpeg

CF4DA037-D3AA-462C-9B99-E7FFEC5386C1.jpeg

3B06B5F8-079C-4C1D-8EC1-F16D0FA679D4.jpeg

1A910B23-F5F2-4D31-995C-C8C9A89E2C87.jpeg

Tools · 6 June 2021, 02:22 AM

It's a 16710, and back in 2004 "retail" was ~4k.

khalifam · 6 June 2021, 02:26 AM

16710.

Looks decent - are box and papers included? Just asking as the price would be reflective of b&p's...

Bracelet needs some attention looks really stretched

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Welshy · 6 June 2021, 02:27 AM

Sorry, old eyes on my iPhone. ;)

Welshy · 6 June 2021, 02:28 AM

Yes, box and papers.

speedbird90 · 6 June 2021, 02:30 AM

I'm pretty sure there's no Rolex 12670. It should be a 16710 but the insert's color looks a little off. Could be the lightning.

Overall condition doesn't look that great. It's priced on the high side for sure, try and see if you can haggle a bit. For the price, I hope it comes with box and papers.

bremersm · 6 June 2021, 03:54 AM

$4k or no deal. Good luck.

Welshy · 6 June 2021, 04:28 AM

14.5 is as low as he’ll go. Don’t think 4 will fly! ;)

Some more pics.

cht · 8 June 2021, 11:43 AM

That doesn’t even sound like the acquaintance price.
That sounds like they think you have more money than brains price.

Tools · 9 June 2021, 03:28 AM

Quote:

Originally Posted by Welshy

14.5 is as low as he’ll go. Don’t think 4 will fly! ;)

Some more pics.

The point is, the current price of a new GMT, or the price from 20 years ago, are both irrelevant.

There is a market price for 2004 GMT's, and it can be found all over the Internet with a few minutes of research. Condition will determine if this watch should be at the high, or at the low end of that market level.

J_1964 · 11 June 2021, 11:56 AM

14.5K? Better be Near PERFECT with B&P...

Nikrnic · 5 July 2021, 06:35 AM

That's too much..

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214270Explorer · 5 July 2021, 07:03 AM

Certified service history available?

GGGMT · 6 July 2021, 04:43 AM

Quote:

Originally Posted by cht

That doesn’t even sound like the acquaintance price.
That sounds like they think you have more money than brains price.

This. There's better options out there, including on this forum. hard pass.

101031-28 · 9 July 2021, 02:05 AM

The most I would pay for this 16710 is 11/12K

omar10213245 · 19 July 2021, 12:01 AM

i wouldn't offer more than $9k on this watch.

rmagoo57 · 19 July 2021, 12:23 AM

It's overpriced for the condition. Worth closer to 12k than 15k IMO. It's been polished and looks like it needs another. Does it need a service? That will cost ~$1000.

Also, show your acquaintance this thread!

onemoreplease · 6 August 2021, 01:33 AM

Same

onemoreplease · 6 August 2021, 01:36 AM

I'M WITH rmagoo57

6 June 2021, 02:16 AM	#1
Welshy "TRF" Member Join Date: Dec 2012 Location: san antonio Posts: 97	GMT 2004 Pepsi-Does this look safe? Hello, I have an acquaintance who owns a jewelry store. They let me know the have a 2004 GMT 12670 in excellent condition. I haven’t seen the watch in person, but they let me know they’d hold it for me. Thoughts? “Retail” is 15k USD. I doubt I’ll pull the trigger, but would love feedback. If all is right I might offer 12 and pass if it can’t work. Thanks 305416C6-325E-4DDF-BB4B-9328D4AA9912.jpeg 5D6EE279-9385-4E3F-ACE6-09F71151BDCA.jpeg CF4DA037-D3AA-462C-9B99-E7FFEC5386C1.jpeg 3B06B5F8-079C-4C1D-8EC1-F16D0FA679D4.jpeg 1A910B23-F5F2-4D31-995C-C8C9A89E2C87.jpeg

6 June 2021, 02:22 AM	#2
Tools TRF Moderator & 2024 SubLV41 Patron Join Date: May 2007 Real Name: Larry Location: Mojave Desert Watch: GMT's Posts: 43,496	It's a 16710, and back in 2004 "retail" was ~4k. __________________ (Chill ... It's just a watch Forum.....) NAWCC Member

5 July 2021, 07:03 AM	#13
214270Explorer "TRF" Member Join Date: Sep 2018 Location: United States Watch: me buy Watches Posts: 3,955	Certified service history available? __________________ “The display of actual intelligence terrifies much of mankind” Rolex "some" Tudor "some" Damasko "some" Misc Pieces "some" Marathon "some" GS Spring Drive "some" Hamilton "some" Findeisen "some"

9 July 2021, 02:05 AM	#15
101031-28 "TRF" Member Join Date: Jul 2009 Location: USA Watch: 1665 Posts: 4,764	The most I would pay for this 16710 is 11/12K __________________ He could not just wear a watch. It had to be a Rolex. Ian Fleming

6 June 2021, 02:26 AM	#3
khalifam "TRF" Member Join Date: Jul 2018 Location: UK Posts: 1,071	16710. Looks decent - are box and papers included? Just asking as the price would be reflective of b&p's... Bracelet needs some attention looks really stretched Sent from my SM-N986B using Tapatalk

6 June 2021, 02:27 AM	#4
Welshy "TRF" Member Join Date: Dec 2012 Location: san antonio Posts: 97	Sorry, old eyes on my iPhone. ;)

6 June 2021, 02:28 AM	#5
Welshy "TRF" Member Join Date: Dec 2012 Location: san antonio Posts: 97	Yes, box and papers.

6 June 2021, 02:30 AM	#6
speedbird90 "TRF" Member Join Date: Jan 2018 Location: N/A Watch: 16710, 16610LV Posts: 137	I'm pretty sure there's no Rolex 12670. It should be a 16710 but the insert's color looks a little off. Could be the lightning. Overall condition doesn't look that great. It's priced on the high side for sure, try and see if you can haggle a bit. For the price, I hope it comes with box and papers.

6 June 2021, 03:54 AM	#7
bremersm Banned Join Date: Jul 2019 Location: Charlotte Posts: 647	$4k or no deal. Good luck.

8 June 2021, 11:43 AM	#9
cht 2024 Pledge Member Join Date: Jan 2010 Real Name: Chris Location: San antonio, TX Watch: 116610LV Posts: 2,143	That doesn’t even sound like the acquaintance price. That sounds like they think you have more money than brains price.

11 June 2021, 11:56 AM	#11
J_1964 "TRF" Member Join Date: Apr 2017 Real Name: Jim Location: NoCal USA Watch: 16710 Posts: 1,955	14.5K? Better be Near PERFECT with B&P...

5 July 2021, 06:35 AM	#12
Nikrnic "TRF" Member Join Date: May 2017 Real Name: Louis Nick Ric Location: Michigan, USA Watch: Blnr, Expll, Subs, Posts: 10,171	That's too much.. Sent from my SM-G970U using Tapatalk

19 July 2021, 12:01 AM	#16
omar10213245 2024 SubLV41 Pledge Member Join Date: Jun 2020 Real Name: Omar Location: somewhere Watch: 126515LN (sundust) Posts: 1,298	i wouldn't offer more than $9k on this watch.

19 July 2021, 12:23 AM	#17
rmagoo57 2024 SubLV41 Pledge Member Join Date: Oct 2019 Real Name: Ron Location: Detroitish Watch: GMT II/Sub/Exp II Posts: 2,545	It's overpriced for the condition. Worth closer to 12k than 15k IMO. It's been polished and looks like it needs another. Does it need a service? That will cost ~$1000. Also, show your acquaintance this thread!

6 August 2021, 01:33 AM	#18
onemoreplease "TRF" Member Join Date: Jun 2021 Location: Florida Posts: 17	Same

6 August 2021, 01:36 AM	#19
onemoreplease "TRF" Member Join Date: Jun 2021 Location: Florida Posts: 17	I'M WITH rmagoo57

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