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Old 10 March 2010, 08:41 AM   #1
xxthe_remedyxx
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Potential Goldmine, Need Some Expert Advice...

Long story short, I was walking in the neighborhood with my wife (UES Manhattan) and stumbled across a small shop FULL of antique items. The gentleman who owned the shop has been there for 29 years selling everything from bronze sculptures, to vintage watches , old paintings (even at Sotheby's) and everything in between. He has a case FULL of Rolex watches. He said he guarantees all his Rolex watches are authentic and will give me a week for each purchase to have them authenticated as i see fit. He DID have some fakes but immediately told me they were not real.

The thing is, some of these watches look extremely old and some look kind of old but in good condition. He even has a few Rolex dials. Hopefully the pics will explain a little better than I can. If you guys see anything worth purchasing here, PLEASE let me know.

FYI... I'm IN LOVE with the precision Rolex with black strap. Strap is not Rolex, but that's OK with me. Don't really care about the strap.





































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Old 10 March 2010, 08:47 AM   #2
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Old 10 March 2010, 08:48 AM   #3
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There are a few interesting watches in there. Depending on the prices, box & paper situation it may be worth a closer look. Just remember the older watches may need servicing, and replacement parts to get the full return. You may be better off buying a batch from him at a good price, and have them serviced, and resell. You could have a free Rolex by the time it's all said and done.

Also remember he knows what he has. You may catch him when he needs to free up some inventory. Good luck
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Old 10 March 2010, 08:49 AM   #4
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I lived on the UES for a very long time... my opinion - there are very, very few gold mine finds to be had in Manhattan. If it has a value, they know it!
It's like a parking spot - if it looks good, there is a catch (it's a hydrant, a meter, a yellow stripe etc). Without knowing the price, it's hard to know if you are going to find a hidden gem.

Just my thoughts.

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Old 10 March 2010, 08:49 AM   #5
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I think I know exactly where the store is... Upper East or closer to the 50's. Just wondering.

-Pete
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Old 10 March 2010, 08:52 AM   #6
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I think I know exactly where the store is... Upper East or closer to the 50's. Just wondering.

-Pete
It's actually in the 70's... I appreciate the advice. I just think there is something to be had here. Just a feeling...
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Old 10 March 2010, 08:59 AM   #7
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What's the name of the store? I don't know about the dial, it could have been redialed sometime in its life. But I'm not an expert.
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Old 10 March 2010, 08:59 AM   #8
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It's actually in the 70's... I appreciate the advice. I just think there is something to be had here. Just a feeling...
__________________________________________________ _________

I hope you do!
And I can't wait to hear the update... Since I am no longer in the city, I can give away my secret. There is a tiny antique shop in the 50's on 2nd or maybe third. Lot's of nick knacks and some antique watches. Next time I am in the city I can try to get the exact location. Their window looks a lot like this and I thougth that may be where you found it. I had stopped in a few times but don't know enough about vintage Rolexes to know if it's a steal, fair price or a rip off.

GOOD LUCK!


-Pete
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Old 10 March 2010, 09:02 AM   #9
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Well, it looks redialed... but if you like it... Go for it...

PS: If you decide to go back. Could you ask him the price of that black-dialed Zodiac?

[
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Old 10 March 2010, 09:05 AM   #10
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You can always start slow and buy a couple and flip on ebay.
If you make money then it is good.
If you even out then it is your call.
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Old 10 March 2010, 09:05 AM   #11
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George, if you haven't seen Central Watch Band you should take a look, I went there and saw some nice vintage Rolexes.
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Old 10 March 2010, 09:08 AM   #12
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Oh and on that First pic. That Datejust Piepan Dial is quite nice!!! I'd go for that one. :)
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Old 10 March 2010, 09:08 AM   #13
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Looking in my Rolex book it seems like I have found a match...

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Old 10 March 2010, 09:09 AM   #14
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Looking in my Rolex book it seems like I have found a match...

Well... That's a start!!!
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Old 10 March 2010, 09:09 AM   #15
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The proportions and the text size of the dial seem kind of different to me, but if you like it go for it!
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Old 10 March 2010, 09:13 AM   #16
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The proportions and the text size of the dial seem kind of different to me, but if you like it go for it!
Thanks Kyle, I appreciate the observation.
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Old 10 March 2010, 09:20 AM   #17
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__________________________________________________ _________

I hope you do!
And I can't wait to hear the update... Since I am no longer in the city, I can give away my secret. There is a tiny antique shop in the 50's on 2nd or maybe third. Lot's of nick knacks and some antique watches. Next time I am in the city I can try to get the exact location. Their window looks a lot like this and I thougth that may be where you found it. I had stopped in a few times but don't know enough about vintage Rolexes to know if it's a steal, fair price or a rip off.

GOOD LUCK!


-Pete
Awesome, thanks for that. I'll check the store out. I'm no expert myself, wish I knew more about the vintage watches.
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Old 10 March 2010, 09:32 AM   #18
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If it is a goldmine, you better figure out what you want quick because your photos have the GPS location tagged in them :)

Robert
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Old 10 March 2010, 09:37 AM   #19
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If it is a goldmine, you better figure out what you want quick because your photos have the GPS location tagged in them :)

Robert
Meh I'm not worried. As a matter of fact if anyone profits from this store I'll be happy
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Old 10 March 2010, 09:43 AM   #20
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Awesome, thanks for that. I'll check the store out. I'm no expert myself, wish I knew more about the vintage watches.


__________________________________________________ ____________

The more I think about it, I am 90% sure it is on second... near Angelo's Brick Oven Pizza I think.

-Pete
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Old 10 March 2010, 10:42 AM   #21
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:O do you have the exact address of the place maybe I can go look at the store sometime or name of store and relative location
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Old 10 March 2010, 11:59 AM   #22
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How much was the Seiko diver in the 2nd pic?
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Old 10 March 2010, 01:11 PM   #23
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How much was the Seiko diver in the 2nd pic?
Not sure. I can ask for you. I'll be stopping in tomorrow.
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Old 10 March 2010, 01:13 PM   #24
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Not sure. I can ask for you. I'll be stopping in tomorrow.
__________________________________________________ ___________
Darn, if I was still in NYC I would buy 'em all and sell them on here!

It looks like there is already some interest. If you can get the shop to give you a group deal, you may be able to make some $$ on this find!

I am heading to NYC in a few weeks...where exactly is it!

I am excited to follow this thread and the results of the find.

-Pete
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Old 10 March 2010, 01:15 PM   #25
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Not sure. I can ask for you. I'll be stopping in tomorrow.
Thank you George
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Old 10 March 2010, 01:44 PM   #26
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__________________________________________________ ___________
Darn, if I was still in NYC I would buy 'em all and sell them on here!

It looks like there is already some interest. If you can get the shop to give you a group deal, you may be able to make some $$ on this find!

I am heading to NYC in a few weeks...where exactly is it!

I am excited to follow this thread and the results of the find.

-Pete
Honestly I don't mind posting the address. I just have to see this through first and I promise I'll disclose the location. Just have to give myself a chance
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Old 10 March 2010, 01:44 PM   #27
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Thank you George
Don't mention it.
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Old 10 March 2010, 02:12 PM   #28
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Originally Posted by PeteNYC13 View Post
I lived on the UES for a very long time... my opinion - there are very, very few gold mine finds to be had in Manhattan. If it has a value, they know it!
It's like a parking spot - if it looks good, there is a catch (it's a hydrant, a meter, a yellow stripe etc). Without knowing the price, it's hard to know if you are going to find a hidden gem.

Just my thoughts.

-Pete
I'm several thousand miles away but I'd say this is pretty good advice. Secondhand watch dealers - especially in Rolex - usually know exactly what they have on their hands. I'd urge you to be sceptical. Good luck!
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Old 10 March 2010, 02:42 PM   #29
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To me nothing says authentic Rolex like a watch stand with sharpie marker identification. Just kidding, I don't know anything about any of those models, good luck finding some good deals!
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Old 10 March 2010, 02:50 PM   #30
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Honestly I don't mind posting the address. I just have to see this through first and I promise I'll disclose the location. Just have to give myself a chance
__________________________________________________ _____________
It's your find, give yourself as much chance as you need, I hope there are a few gems in that bunch... I just want to watch the thread and see what develops.

-Pete
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