ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
8 December 2007, 04:35 AM | #1 |
Member
Join Date: Dec 2007
Real Name: Eric
Location: Wisconsin, USA
Watch: 1973 1655 Exp II
Posts: 37
|
Orange Hand "Freccione" Explorer II 1655, Keep or Sell?
Hello Everyone,
I own a model 1655 Explorer II. This is the orange hand Explorer II refered to as the Freccione or Steve McQueen edition. I have just recently found out that this watch has become a highly desired collector watch and valued at up $20,000. Does anyone know or have an opinon if I should keep this watch for an investment or sell it now? I have asked a few jewelers and can't get an honest answer from them. All they want is to buy it from me. I would like to sell it, but am not sure if they are still increasing in value, if so, I would keep it for an investment. Because I just found out about it's value, I don't know the history of this model over the past few years. Has it been increasing in value or has it peaked out now? I'm also concerned that it may drop in value over time. Mine is a 1973 and I have owned it since 1980. It's in #1 condition as I hardly ever wear it. Thanks, Eric |
8 December 2007, 04:39 AM | #2 |
"TRF" Member
Join Date: Jan 2007
Real Name: F
Location: Scotland
Watch: Exp II White Face
Posts: 4,272
|
I for one would keep it, but if it is of no interest then why not sell it?
f |
8 December 2007, 04:49 AM | #3 |
"TRF" Member
Join Date: Oct 2007
Location: Lancashire, UK
Watch: ????????
Posts: 2,187
|
How quickly people jump on the band waggon...
|
8 December 2007, 04:52 AM | #4 |
"TRF" Member
Join Date: Jul 2005
Posts: 22,683
|
Eric, your 1655 is an extremely desirable piece (assuming all correct) and is considered a "grail" to many collectors. Vintage pricing on certain references (of which one is yours) has reached levels that have closed many out of the market.
Indeed the 1655 has experienced an amazing growth in value in the last several years and my reading of the collecting community is that this is a reference that has "legs". The question many ask themselves is can select models maintain the rate of increase in value they have experienced in the past? For some I believe this is the case--including yours. As to what is a realistic value on a given example, so many factors enter in. Condition is always paramount, as well as box, papers, and service history and proverance. In general, I'm not one to favor watches as an investment as what may be appealing to future collectors is something we cannot predict. Having said that, IMHO the 1655 is a reference that has staying power with increasing value as more collectors with the wear with all enter the market competing for a finite commodity. |
8 December 2007, 07:26 AM | #5 |
"TRF" Member
Join Date: Nov 2007
Location: CA
Posts: 3,295
|
If you never wear it, might as well sell.
__________________
__________________ |
8 December 2007, 07:39 AM | #6 |
Member
Join Date: Dec 2007
Real Name: Eric
Location: Wisconsin, USA
Watch: 1973 1655 Exp II
Posts: 37
|
Thanks for the replies. I wanted to add that I have not worn this watch much in the past, but I now would like to wear my Rolex daily. With this watch being in such good condition and highly collectable, it may be best not to wear this one anymore. I'm told the plastic lens on this one is very expensive to replace if needed. My plan is to buy a new Explorer II and either keep the 1655 for a while as an investment, or sell it now to help pay for the new Explorer.
|
8 December 2007, 07:50 AM | #7 |
"TRF" Member
Join Date: Sep 2007
Location: USA
Posts: 1,824
|
I have one.(Upper Right in the avatar.) Bought it from www.wannabuyawatch.com two and a half years ago for $12,000. Check their site now or www.artoftime.com . I'm with Mike on this. It's a solid piece with a bright future. Look at the original Milguass. Now $60,000-70,000. They say that there are people who will actually pay that. Both of these were unpopular models at the time. I wear my 1655. That's why I bought it. Several questions you need to ask yourself. Do you NEED the money NOW? Do you LIKE the watch? Do you WEAR the watch? Is there someone that you could pass it to when you die that would appreciate it? ( If they would just sell it, you might as well have the money.) If you answered no to the first and yes to 2 of the others, I'd keep it.
__________________
"An appeaser is one who feeds a crocodile, hoping it will eat him last." "So you have enemies. Good. You must have stood up for something, sometime in your life." Winston Churchill |
8 December 2007, 08:31 AM | #8 |
Banned
Join Date: Oct 2007
Real Name: Thani
Location: Dubai UAE
Watch: Milgauss 116400 GV
Posts: 2,082
|
keep it man.. vintage is the key to the future..
dunno what that means lol but ya just keep it |
8 December 2007, 08:32 AM | #9 |
Banned
Join Date: Oct 2007
Real Name: Thani
Location: Dubai UAE
Watch: Milgauss 116400 GV
Posts: 2,082
|
im still thinking of what i just said.. lol
|
8 December 2007, 08:37 AM | #10 |
Banned
Join Date: Oct 2007
Real Name: Thani
Location: Dubai UAE
Watch: Milgauss 116400 GV
Posts: 2,082
|
it does have a meaning in a way,, but ya once again keep the watch
|
8 December 2007, 10:10 AM | #11 |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Feb 2007
Location: Japan
Watch: ing your back.
Posts: 16,179
|
Keep it. I think it can only increase in value.
|
8 December 2007, 10:18 AM | #12 |
"TRF" Member
Join Date: Aug 2007
Real Name: Downing
Location: Portland, Oregon
Watch: SD ExpII GO Nav ND
Posts: 1,640
|
Sell it!
You never know what the future holds...
__________________
One if by land, one if by sea, one if by air and one uh, just to tell time. Rolex Explorer II White Rolex Sea-Dweller Glashütte Original Navigator Panerai 183 G Black Seal |
26 August 2011, 04:28 AM | #13 |
"TRF" Member
Join Date: Aug 2009
Location: Italy
Posts: 7
|
Sold?
|
26 August 2011, 04:40 AM | #14 |
"TRF" Member
Join Date: Feb 2009
Real Name: TSW
Location: Le Brassus
Watch: Rolex & AP's
Posts: 27,449
|
Keep it!
__________________
AP Owners Club IG @swiss.watch.connection |
26 August 2011, 04:42 AM | #15 |
2024 Pledge Member
Join Date: Oct 2009
Location: USA & France
Posts: 11,078
|
Friends - this thread it 3-4 years old!
|
26 August 2011, 04:45 AM | #16 |
"TRF" Member
Join Date: Feb 2009
Real Name: TSW
Location: Le Brassus
Watch: Rolex & AP's
Posts: 27,449
|
__________________
AP Owners Club IG @swiss.watch.connection |
26 August 2011, 04:51 AM | #17 | |
"TRF" Member
Join Date: Jan 2011
Location: Lancs. England
Posts: 1,000
|
Quote:
|
|
26 August 2011, 05:14 AM | #18 |
"TRF" Member
Join Date: Mar 2009
Real Name: Jason
Location: USA
Watch: Rolex/Tudor Divers
Posts: 7,973
|
And he sold the watch several years ago, and he hasn't posted in 2 years.
__________________
Best Regards, Jason Just Say "NO" to Polishing Card-Carrying Member of the Global Association of Retro-Grouch Curmudgeons LIfe is too short to wear inexpensive watches PLEXI IS SEXY |
26 August 2011, 05:17 AM | #19 |
"TRF" Member
Join Date: Nov 2009
Real Name: Andreas
Location: Margaritaville
Watch: Smurf
Posts: 19,879
|
Keep it, most likely it will become more rare.
If you need the money, sell it, but here online, not to a jeweler or pawn shop, as they will not pay you 20K. Not even near.
__________________
Yeah, well, you know, that's just, like, your opinion, man. |
26 August 2011, 05:18 AM | #20 | |
"TRF" Member
Join Date: Nov 2009
Real Name: Andreas
Location: Margaritaville
Watch: Smurf
Posts: 19,879
|
Quote:
ME =
__________________
Yeah, well, you know, that's just, like, your opinion, man. |
|
26 August 2011, 05:24 AM | #21 |
"TRF" Member
Join Date: Mar 2009
Real Name: Jason
Location: USA
Watch: Rolex/Tudor Divers
Posts: 7,973
|
__________________
Best Regards, Jason Just Say "NO" to Polishing Card-Carrying Member of the Global Association of Retro-Grouch Curmudgeons LIfe is too short to wear inexpensive watches PLEXI IS SEXY |
26 August 2011, 05:31 AM | #22 |
"TRF" Member
Join Date: Nov 2009
Real Name: Andreas
Location: Margaritaville
Watch: Smurf
Posts: 19,879
|
I hope so!
Well my mother used to say "think before you act". Or was it "hit".
__________________
Yeah, well, you know, that's just, like, your opinion, man. |
26 August 2011, 05:34 AM | #23 |
TRF Moderator & SubLV41 2024 Patron
Join Date: Oct 2005
Location: .
Watch: 126610LN
Posts: 35,510
|
IBTL
__________________
JJ |
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.