Questions about this 1966 5513

[JustinK]

Originally Posted by MrMoFoMeLLy

Hey! Thanks for replying!

The watch still runs. I will definitely be taking it to my watchmaker to have him look at it. I figured at the very least I replace the crystal. What do you think a service dial and new hands would run me? Thanks!

I paid 1K for dial and hands last year.

Sounds like you scored, I would probably just buy a couple NATO bands and wear it as is. Congrats!

[narembeen]

Just as long as you can tell the time with that handset and dial, I would leave it. Looks fantastic.

[MrMoFoMeLLy]

Hi everyone! A quick update. The lady who sold me the watch texted me this morning and she found the bracelet. She will be mailing it to me. Looks pretty beat up though! Here are some pics!

[Nickn]

It does look that bad will polish up nicely

[tix99us]

That's a really cool story and watch. I like the dial as is too.

[BrazenC5]

You scored on the bracelet too!

Sent from my SM-G781U1 using Tapatalk

[winst]

Nice one with the bracelet - you’ve ended up with a really great deal!

[narembeen]

I love that dial and now with the bracelet, you have a lovely time piece there. Congrats!

[zapokee]

Wonder if she knows the bracelet is worth way north of USD 1,000 too... Are you paying her for it?

[Nickn]

You cannot be the buyer and the seller
If she asks for money pay
Otherwise it completes a nice watch
I didn’t like the dial at first but it’s grown on me
But I would look out for a replacement

[MrChamfers]

It's hard to believe an actual AD would let a widower sell the watch and the bracelet for at least 10k less than she should get.
I guess he is looking for repeat business.

[narembeen]

Originally Posted by MrChamfers

It's hard to believe an actual AD would let a widower sell the watch and the bracelet for at least 10k less than she should get.
I guess he is looking for repeat business.

Yes that does seem strange doesnt it. If the AD knew anything about watches at all why didnt they just buy it?

[winst]

I think it would be a nice and fair gesture if you gave the widow another $1000 once you receive the other bracelet as you have done extremely well out of this transaction.

[Nickn]

If she wanted $4000 and the op paid the asking price why would he give her extra that’s plain silly
In what other sphere of life would this ever be suggested?
Again you cannot be the buyer and the seller

[MrChamfers]

Originally Posted by Nickn

If she wanted $4000 and the op paid the asking price why would he give her extra that’s plain silly
In what other sphere of life would this ever be suggested?
Again you cannot be the buyer and the seller

We've seen this argument 1000x. I find a newman daytona at an old lady's garage sale for $100, I buy it and run. Good on me! I will not be a buyer and a seller at the same time.

But why is an AD brokering a deal like that? That's what seems odd.

[harry in montreal]

Whenever you have a feeling of being unnecessarily generous, stop and take a time-out, the feeling shall pass. I’ve been ripped off so many times, I guess I’ve become hardened.

That is a great band! You will need a new endlink with the tube.

[Nickn]

Only an idiot would pay more then the asking price for anything

[baumare]

I think that the AD (which is a seller of new shining last model Rolex) when he saw the condition of the watch didn't wanna bother and called a trusted buyer/friend.

As for the bracelet, maybe I would recognize the lady effort to find the bracelet and send her a case of... (you decide what) as a good gesture

[Nickn]

Originally Posted by baumare

I think that the AD (which is a seller of new shining last model Rolex) when he saw the condition of the watch didn't wanna bother and called a trusted buyer/friend.

As for the bracelet, maybe I would recognize the lady effort to find the bracelet and send her a case of... (you decide what) as a good gesture

Agree flowers chocolates would be a nice gesture

[Magnum44]

Awesome find. Get the movement serviced, find a nice orange pearl for the long 5 insert and buy a new T19 superdome plexi from Truedome.com. Finally, just put on a nice leather strap with 2mm spring bars.

[athom]

Originally Posted by Nickn

Only an idiot would pay more then the asking price for anything

Except if you are well educated and the price you paid is only 20/25% of the real price, if you have no education for sure what I've just said above sounds idiot...

[athom]

Originally Posted by winst

I think it would be a nice and fair gesture if you gave the widow another $1000 once you receive the other bracelet as you have done extremely well out of this transaction.

[harry in montreal]

I’ve sent people a few bucks after the fact when I felt I got a bit too good a deal. The reality is that the seller getting $4000 cash in a paper bag is not bad. Selling a watch on eBay for 8k.... lose 9% fees plus PayPal fees. Plus the Good risk you get screwed completely by the buyer. Then don’t forget to declare and pay tax on the cap gain.

[Nickn]

Originally Posted by athom

Except if you are well educated and the price you paid is only 20/25% of the real price, if you have no education for sure what I've just said above sounds idiot...

So you honestly offer more then the asking price if you see something cheap??
Sorry I don’t believe you

[Dan S]

Originally Posted by Nickn

So you honestly offer more then the asking price if you see something cheap??
Sorry I don’t believe you

Yes, I have certainly paid more than the asking price on a number of occasions, almost always for in-person deals locally. I still got good prices, but tried to be fair. If the asking price is in the right ballpark, then obviously I don't offer more, that's just asking for trouble. But if the person has no idea how much ask and is just way too low, I will help them establish a more reasonable price.

In a couple of cases, I heard again from those people when they were ready to sell something else, and on one occasion, someone referred a friend to me. I have no interest in being known as the guy who tries to rip people off.

[narembeen]

Originally Posted by Dan S

Yes, I have certainly paid more than the asking price on a number of occasions, almost always for in-person deals locally. I still got good prices, but tried to be fair. In a couple of cases, I heard again from those people when they were ready to sell something else, and on one occasion, someone referred a friend to me. I have no interest in being known as the guy who tries to rip people off.

When I first started my thread about my step fathers watch I had quite a few people in the forum bag the watch. The same people would then pm me with low ball offers. I guess the hobby is fully of people who chase the bargain more than the watch.

[Dan S]

Originally Posted by narembeen

When I first started my thread about my step fathers watch I had quite a few people in the forum bag the watch. The same people would then pm me with low ball offers. I guess the hobby is fully of people who chase the bargain more than the watch.

That doesn't surprise me at all, unfortunately. But if you stick around long enough, you get a sense of who you would want to do business with, and you accumulate a list of people to avoid.

[zapokee]

Moral dilemma, isn't it?

To be fair, the OP stated he has no idea about vintage Rolex, so probably didn't know that 4k was a ridiculously low price.

If he'd been really into vintage Rolex and took it for 4k knowing that it was worth at least five times that, that would be more of a problem.

Sometimes you just get lucky. But I like the idea of chocolates and flowers for the widow, if not a couple of grand cash in a brown envelope.

[Dan S]

Actually, I'm not at all critical of the price in this case. That dial is badly damaged, and the market to buy a watch like that is not large in a typical local community. The buyer also took a risk that the movement could be water-damaged and might need significant work. You're not going to get top dollar for a piece like that unless you are experienced and able to sell online. Maybe you'd even need to break it up and sell it as parts, and that's not something most people can do. They need to sell it to someone who can make a profit off of it.

My comments were more general.

[Nickn]

Moral dilemma
That business
You just cannot offer a seller more then they are asking for an item
It’s there’s they should know what it is and how much it’s worth before selling
Forget watches think of cars
You see an ad for say an xke when you go to see it it’s a 3.8 flat floor worth twice as much as the asking price
Do you pay the money
Or say no it’s worth twice as much and offer more?
I do not believe in the history of buying & selling this has happened
Unless the seller says they don’t know what it’s worth and asks you to value it
If you lie that’s stealing
Around 10 years back I bought a 76 5513 from the Kempton antique market
It was on a table amongst a load of house clearance junk
I pick it up and ask the price
£20 it’s a copy the seller says laughing
I said thank you very much here’s £20
Imagine if I had said no it’s real here’s £1500 I think it was worth £2000 at the time
I would have been a laughing stock
I will never sell the watch so the price was academic
Happy to post photos of it