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canon1243 · 14 August 2014, 04:22 AM

I have the opportunity to purchase a GMT Master II that had a crown seal failure, the watch has stopped running.

Just based on experience, what is the average cost to get this up and running again?

Obviously my incentive to purchase this is price, basically a "get rid of it" kind of deal.

Rikki · 14 August 2014, 10:39 AM

Impossible to know the extent of the damage was it fresh water salt water how long has it been wet did anyone try to dry it out too many variables. open it get pics then maybe give you a ball park. Rikki

canon1243 · 14 August 2014, 01:08 PM

No clue of that, the sale is through a friend of a friend so I don't have specifics. the photo i did see looks like the dial hands and what not are in fine shape, though.

He did however say it would be 750-1000 to fix, and he was asking 3500 for it. It is a GMT II ceramic.

Rikki · 14 August 2014, 10:57 PM

don't know who he got the quote from but if that's it doesn't sound like too much damage, but he may not know for sure if it hasn't been taken apart.

Dalton · 17 August 2014, 12:51 AM

That's an interesting price. Are the hands and dial ruined? From experience, anything can be fixed, but water damage is a tough one to gauge until the movement is torn apart for a real inspection.

anksagr · 23 August 2014, 11:31 AM

If my guess is right, The watch in question is on craigslist in the milwaukee area. The seller does not have the paperwork for the watch. the listing states that an AD is willing to pay him 3500 for the watch and he is asking 3750 for a private party sale. Does not look like that everthing is okay with this watch

Watchcollectables · 24 August 2014, 08:33 AM

Even if you spent $1500 on it , it would still be a cheap watch . As per normal there's more to this vague story ;-)

crew · 26 August 2014, 06:27 AM

Quote:

Originally Posted by anksagr

If my guess is right, The watch in question is on craigslist in the milwaukee area. The seller does not have the paperwork for the watch. the listing states that an AD is willing to pay him 3500 for the watch and he is asking 3750 for a private party sale. Does not look like that everthing is okay with this watch

This is one, IMO, to run away from.
Who knows what might be wrong with this watch? The OP sure doesn't know. Too much downside risk and no where near enough savings to balance that risk.

I looked up the listing and I see that it is a ceramic model. That changes my answer slightly. I'd meet the seller at the AD and do two things:
1) Verify its authenticity
2) Get the AD to estimate a "not to exceed price" for repair.
If you can come in at a reasonable total cost you could make this work.
I still don't love this deal, but I suppose it might be viable. Just my

.

Roger1079 · 26 August 2014, 09:15 PM

You are taking a gamble. I agree with John that the purchase would be contingent on verification of authenticity and the service center providing a worst case scenario price for repair such as cost of replacing all moving parts of the movement, etc. If what the buyer wants plus that worst case repair cost is acceptable to you, do it. You will likely be happy when the watch is repaired and the price rings in lower than expected.

rmfnla · 27 August 2014, 03:53 AM

Quote:

Originally Posted by crew

This is one, IMO, to run away from.
Who knows what might be wrong with this watch? The OP sure doesn't know. Too much downside risk and no where near enough savings to balance that risk.

I looked up the listing and I see that it is a ceramic model. That changes my answer slightly. I'd meet the seller at the AD and do two things:
1) Verify its authenticity
2) Get the AD to estimate a "not to exceed price" for repair.
If you can come in at a reasonable total cost you could make this work.
I still don't love this deal, but I suppose it might be viable. Just my

.

Quote:

Originally Posted by anksagr

If my guess is right, The watch in question is on craigslist in the milwaukee area. The seller does not have the paperwork for the watch. the listing states that an AD is willing to pay him 3500 for the watch and he is asking 3750 for a private party sale. Does not look like that everthing is okay with this watch

I agree about running away from this.

If an AD was really going to give him $3500 I doubt he would not have grabbed it rather than try to sell it privately just for an additional $250...

strafer_kid · 27 August 2014, 07:34 AM

Sounds as if there are too many "what ifs" with this! I would be inclined to walk..........

Doug T · 17 September 2014, 10:26 PM

I would run from this deal! Doesn't make sense not to accept the AD offer to purchase.

brandrea · 17 September 2014, 10:33 PM

Quote:

Originally Posted by rmfnla

I agree about running away from this.

If an AD was really going to give him $3500 I doubt he would not have grabbed it rather than try to sell it privately just for an additional $250...

My thoughts exactly. You get what you pay for, buyer beware.

TimingsEverything · 2 January 2015, 01:58 PM

I tried searching but didn't find an answer. Is it safe to swim with a GMT II?

steve.r · 2 January 2015, 03:30 PM

Quote:

Originally Posted by TimingsEverything

I tried searching but didn't find an answer. Is it safe to swim with a GMT II?

Doh!!! there's your answer

As for the deal, I think all who said run a mile are correct, unless authenticated by the AD. Sounds too suspect to me, maybe stolen.

padi56 · 2 January 2015, 11:22 PM

Quote:

Originally Posted by rmfnla

I agree about running away from this.

If an AD was really going to give him $3500 I doubt he would not have grabbed it rather than try to sell it privately just for an additional $250...

X2 On that one take my advice to the OP stay well away.

14 August 2014, 04:22 AM	#1
canon1243 "TRF" Member Join Date: Aug 2014 Location: Chicago, IL Watch: Tudor Black Bay 58 Posts: 23	GMT Master II Seal Falure, Cost to Repair? I have the opportunity to purchase a GMT Master II that had a crown seal failure, the watch has stopped running. Just based on experience, what is the average cost to get this up and running again? Obviously my incentive to purchase this is price, basically a "get rid of it" kind of deal.

14 August 2014, 10:39 AM	#2
Rikki TechXpert Join Date: Jun 2009 Real Name: Rik Dietel Location: Seminole Fla Watch: 5512 s/s Sub Posts: 1,818	Impossible to know the extent of the damage was it fresh water salt water how long has it been wet did anyone try to dry it out too many variables. open it get pics then maybe give you a ball park. Rikki __________________ Century 21 Certified watchmaker Omega Service Provider Trained Omega OWME Certified. Rolex Parts Account Holder.

14 August 2014, 10:57 PM	#4
Rikki TechXpert Join Date: Jun 2009 Real Name: Rik Dietel Location: Seminole Fla Watch: 5512 s/s Sub Posts: 1,818	don't know who he got the quote from but if that's it doesn't sound like too much damage, but he may not know for sure if it hasn't been taken apart. __________________ Century 21 Certified watchmaker Omega Service Provider Trained Omega OWME Certified. Rolex Parts Account Holder.

2 January 2015, 01:58 PM	#14
TimingsEverything "TRF" Member Join Date: Sep 2011 Location: Silicon Valley Watch: Daytona Posts: 180	I tried searching but didn't find an answer. Is it safe to swim with a GMT II? __________________ "Every Rolex is made for greatness. The GMT-Master, introduced in 1955, was developed in collaboration with Pan Am to meet the needs of their international pilots. The GMT-Master II has proven to be even more invaluable as it features a rotatable 24-hour graduated bezel that allows those who travel the world to read three different time zones." Rolex.com

14 August 2014, 01:08 PM	#3
canon1243 "TRF" Member Join Date: Aug 2014 Location: Chicago, IL Watch: Tudor Black Bay 58 Posts: 23	No clue of that, the sale is through a friend of a friend so I don't have specifics. the photo i did see looks like the dial hands and what not are in fine shape, though. He did however say it would be 750-1000 to fix, and he was asking 3500 for it. It is a GMT II ceramic.

17 August 2014, 12:51 AM	#5
Dalton TechXpert Join Date: Mar 2008 Real Name: Dal Location: Seattle Watch: 168000 Posts: 1,614	That's an interesting price. Are the hands and dial ruined? From experience, anything can be fixed, but water damage is a tough one to gauge until the movement is torn apart for a real inspection.

23 August 2014, 11:31 AM	#6
anksagr "TRF" Member Join Date: Jan 2010 Location: Dallas, TX Watch: Daytona Posts: 79	If my guess is right, The watch in question is on craigslist in the milwaukee area. The seller does not have the paperwork for the watch. the listing states that an AD is willing to pay him 3500 for the watch and he is asking 3750 for a private party sale. Does not look like that everthing is okay with this watch

24 August 2014, 08:33 AM	#7
Watchcollectables "TRF" Member Join Date: Jan 2008 Location: UK Posts: 320	Even if you spent $1500 on it , it would still be a cheap watch . As per normal there's more to this vague story ;-)

26 August 2014, 09:15 PM	#9
Roger1079 "TRF" Member Join Date: Sep 2012 Location: South FL Posts: 444	You are taking a gamble. I agree with John that the purchase would be contingent on verification of authenticity and the service center providing a worst case scenario price for repair such as cost of replacing all moving parts of the movement, etc. If what the buyer wants plus that worst case repair cost is acceptable to you, do it. You will likely be happy when the watch is repaired and the price rings in lower than expected.

27 August 2014, 07:34 AM	#11
strafer_kid "TRF" Member Join Date: Oct 2009 Real Name: Kenny Location: northern ireland Watch: SDs, Subs & GMTs Posts: 5,147	Sounds as if there are too many "what ifs" with this! I would be inclined to walk..........

17 September 2014, 10:26 PM	#12
Doug T "TRF" Member Join Date: Mar 2009 Real Name: Doug Location: Anola, Manitoba Watch: GMT Master 11 Posts: 431	I would run from this deal! Doesn't make sense not to accept the AD offer to purchase.

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