The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Forum > Rolex & Tudor Watch Topics > Rolex General Discussion

Reply
 
Thread Tools Display Modes
Old 18 June 2013, 08:36 AM   #1
dunit020
"TRF" Member
 
Join Date: Jun 2013
Location: Miami
Posts: 2
Icon10 First time Rolex Buyer

Hello,

As a first time buyer I wanted to see if anyone could provide a bit of advice. I am looking to buy a used submariner no date model. I was offered one at a local jewelry store today at what I thought was a good price. The watch was a 2002 model and it looked like new and was priced $4200. The guy told me they had their watchmaker work on it and he uses genuine rolex parts for the overhaul on it. Is this ok or do they need to go to rolex direct. Also is this a good price for this watch. I also found a mint 2009 for $5,000 but would prefer to spend closer to $4000. Thanks to anyone who can offer some input on my first rolex purchase!
dunit020 is offline   Reply With Quote
Old 18 June 2013, 08:43 AM   #2
mjclark32
"TRF" Member
 
mjclark32's Avatar
 
Join Date: Mar 2010
Real Name: MJC
Location: PHL USA
Watch: IWC, Rolex, AP
Posts: 29,232
Welcome to TRF, they both sound like pretty good deals to me. Just be sure to buy from a reputable dealer, maybe ask for a 3 day return policy so you can get it authenticated?
__________________
mjclark32 is offline   Reply With Quote
Old 18 June 2013, 08:45 AM   #3
themast
"TRF" Member
 
themast's Avatar
 
Join Date: Oct 2012
Location: US
Posts: 2,707
The price sounds OK but you have to first make sure that the seller is reputable. Many times people say "all genuine Rolex parts" while the truth is a bit different...
themast is offline   Reply With Quote
Old 18 June 2013, 08:52 AM   #4
azguy
Banned
 
Join Date: Sep 2011
Real Name: -------
Location: -------
Watch: ---------
Posts: 12,609
Does it look like buying, selling and working on Rolex watches is part of their weekly business..? Ask to see the receipt for the parts they ordered from Rolex for the service.
azguy is offline   Reply With Quote
Old 18 June 2013, 08:54 AM   #5
mjclark32
"TRF" Member
 
mjclark32's Avatar
 
Join Date: Mar 2010
Real Name: MJC
Location: PHL USA
Watch: IWC, Rolex, AP
Posts: 29,232
Quote:
Originally Posted by azguy View Post
Does it look like buying, selling and working on Rolex watches is part of their weekly business..? Ask to see the receipt for the parts they ordered from Rolex for the service.
Good to see you around again John
__________________
mjclark32 is offline   Reply With Quote
Old 18 June 2013, 09:00 AM   #6
Frosty
2024 SubLV41 Pledge Member
 
Frosty's Avatar
 
Join Date: May 2009
Real Name: Larry
Location: So Cal
Watch: Rolex GMT 1675
Posts: 5,087
Quote:
Originally Posted by themast View Post
The price sounds OK but you have to first make sure that the seller is reputable. Many times people say "all genuine Rolex parts" while the truth is a bit different...
+1 And sometimes it is a Rolex Part, just not the right one. When I sent my GMT in for sevice at the RSC, they told me it was a Rolex Part, just not the right one for the watch.
__________________
“Anyone can be sarcastic; it takes intelligence to solve a problem!”
Frosty is offline   Reply With Quote
Old 18 June 2013, 09:14 AM   #7
Swift_Movement
Banned
 
Join Date: Feb 2013
Real Name: Jon
Location: Kitchener, Canada
Watch: The Throne
Posts: 375
Have the piece authenticated. What kind of work did they do? If it's 2002 model has there been just one service done? So it may be due for a $600 service.
Swift_Movement is offline   Reply With Quote
Old 18 June 2013, 09:17 AM   #8
dunit020
"TRF" Member
 
Join Date: Jun 2013
Location: Miami
Posts: 2
Thanks so much for the replies. The store seems legit as they have a huge rolex selection and they have been around for a while. The watch was just serviced by their watchmaker so the salesman told me it wouldn't be due for another 3-5 years. It also has a one year warranty. Also where could I go to get it authenticated? Would mayors do that?
dunit020 is offline   Reply With Quote
Old 18 June 2013, 09:20 AM   #9
Watchdog
"TRF" Member
 
Join Date: Feb 2009
Real Name: Junkyard Dog
Location: The Doghouse
Watch: I can't tell time
Posts: 6,815
Quote:
Originally Posted by dunit020 View Post
Thanks so much for the replies. The store seems legit as they have a huge rolex selection and they have been around for a while. The watch was just serviced by their watchmaker so the salesman told me it wouldn't be due for another 3-5 years. It also has a one year warranty. Also where could I go to get it authenticated? Would mayors do that?
I believe you can take it to a Rolex AD with a tech on hand and ask how much for a service. I imagine they would let you know pretty quickly if it were not legit.
Watchdog is offline   Reply With Quote
Old 18 June 2013, 09:22 AM   #10
kilyung
2024 SubLV41 Pledge Member
 
kilyung's Avatar
 
Join Date: Jul 2009
Location: Cave
Watch: Sundial
Posts: 33,940
Not a bad price. I'd take it to an AD and ask for a full written inspection/valuation for insurance purposes. It'll cost around $100. Most stores won't just "authenticate" a Rolex.
kilyung is offline   Reply With Quote
Old 18 June 2013, 10:08 AM   #11
AK797
2024 Pledge Member
 
AK797's Avatar
 
Join Date: Feb 2010
Real Name: Neil
Location: UK
Watch: ing ships roll in
Posts: 59,368
Make sure the AD checks the mvmnt, if its a non-ceramic then just looking at it will fool most ADs if its a franken.
AK797 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

DavidSW Watches

Takuya Watches

My Watch LLC

OCWatches

Asset Appeal

Wrist Aficionado


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.