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robinrobino70 · 4 May 2013, 02:47 AM

hello to everybody, my granmother gave me an antique rolex watch. A gold one, I'm looking for understanding the value and the model name. But I don't find anything about it.
In the back there is a number: 492400 and inside the number 4521
Anybody can tell me something about this watch?
Thanks a lot!
Roberto

GeoGio Greece · 4 May 2013, 08:38 AM

I think that you need closer photos of the dials and if possible also a photo of the movement.

crowncollection · 4 May 2013, 10:40 AM

Better photos please

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DrLindaPhD · 4 May 2013, 12:28 PM

It's just an old ladies Rolex precision dress watch from 1950 to 1970. There were a ton of these bracelets made by other jewelers and then fitted with a Rolex movement. The entire value is based on the gold content. If it is 9k, 14k, or 18k or gold filled. Get the going rate based on weight and add about $250 if it is in good working order. Sorry, but that's the best you will get for it and someone will probably melt the gold and sell the movement.

robinrobino70 · 4 May 2013, 04:52 PM

Thanks to everybody, I just send a couple of pictures. Thanks a lot to DrLinda for the exaustive reply... I just send you a couple of more pictures because I would like to be sure that the watch has no more value than the gold, before melting it...

DrLindaPhD · 6 May 2013, 03:31 PM

Like I said (because I have owned and still do own a number of these) you can get the gold value plus a few hundred more. You can try to sell it in full on ebay but you will have to pay a fee and that will eat up the movement value. Or, you can scrap the gold and sell the movement. Or, you can just keep it and watch the gold market go up an down and decide what to do with this. These watches are really "jewelry" and not super collectible. You can also try to sell it on here and then you won't have to pay any fees but you may have to be a pledge member to sell it. Not sure but I think so.

You have several options. Good luck. What is the weight of the bracelet and case without the movement? The movement looks pretty good. Have you wound it and let it run down and wound it a few times more?

Tools · 7 May 2013, 02:37 AM

Usually, with Rolex watches, they get their value based on demand of collectors who are willing to pay a certain price to own a certain model.

With the ladies dress models there is not a large demand like there is with the same era men's models so, without demand, there is little value.

An heirloom from a grandmother, aunt, or mother is usually more valuable to family members than it is to anybody else. Auctions are the usual way to get more from an item than otherwise.. This one appears to be in good condition and would be worth several hundred dollars. As Linda mentioned, melt value is a few hundred less than market value.

The numbers tell you the tale.. Ladies Dress model 4521. Serial number 492400 which dates it to late '50s or so..

robinrobino70 · 16 May 2013, 11:37 PM

thanks to everybody... at the end I melted the gold and sold at ebay the movement from 1 euro... I was thinking at the end will be around 100 or more euro but the auction ended at 11 euro!! :(
So at the end I had only the money for the gold and that's it but... better than nothing :)
Thanks!!!
Roberto

4 May 2013, 08:38 AM	#2
GeoGio Greece "TRF" Member Join Date: Dec 2008 Real Name: George Location: Athens, Greece Watch: es --> A lot ! Posts: 2,327	I think that you need closer photos of the dials and if possible also a photo of the movement. __________________ Rolex owner since 1971. 5513 and 16700 the loved ones. DJ WG Jubilee 16170 for wife - U series Oyster Perpetual WG 177234 for daughter V-series

4 May 2013, 10:40 AM	#3
crowncollection "TRF" Member Join Date: Jan 2011 Real Name: David Location: australia Posts: 20,215	Better photos please Sent from my iPhone using Tapatalk __________________ watches many

7 May 2013, 02:37 AM	#7
Tools TRF Moderator & 2024 SubLV41 Patron Join Date: May 2007 Real Name: Larry Location: Mojave Desert Watch: GMT's Posts: 43,496	Usually, with Rolex watches, they get their value based on demand of collectors who are willing to pay a certain price to own a certain model. With the ladies dress models there is not a large demand like there is with the same era men's models so, without demand, there is little value. An heirloom from a grandmother, aunt, or mother is usually more valuable to family members than it is to anybody else. Auctions are the usual way to get more from an item than otherwise.. This one appears to be in good condition and would be worth several hundred dollars. As Linda mentioned, melt value is a few hundred less than market value. The numbers tell you the tale.. Ladies Dress model 4521. Serial number 492400 which dates it to late '50s or so.. __________________ (Chill ... It's just a watch Forum.....) NAWCC Member

4 May 2013, 12:28 PM	#4
DrLindaPhD "TRF" Member Join Date: Aug 2012 Real Name: Linda Location: New York State Watch: Boys Tudor Sub Posts: 1,131	It's just an old ladies Rolex precision dress watch from 1950 to 1970. There were a ton of these bracelets made by other jewelers and then fitted with a Rolex movement. The entire value is based on the gold content. If it is 9k, 14k, or 18k or gold filled. Get the going rate based on weight and add about $250 if it is in good working order. Sorry, but that's the best you will get for it and someone will probably melt the gold and sell the movement.

6 May 2013, 03:31 PM	#6
DrLindaPhD "TRF" Member Join Date: Aug 2012 Real Name: Linda Location: New York State Watch: Boys Tudor Sub Posts: 1,131	Like I said (because I have owned and still do own a number of these) you can get the gold value plus a few hundred more. You can try to sell it in full on ebay but you will have to pay a fee and that will eat up the movement value. Or, you can scrap the gold and sell the movement. Or, you can just keep it and watch the gold market go up an down and decide what to do with this. These watches are really "jewelry" and not super collectible. You can also try to sell it on here and then you won't have to pay any fees but you may have to be a pledge member to sell it. Not sure but I think so. You have several options. Good luck. What is the weight of the bracelet and case without the movement? The movement looks pretty good. Have you wound it and let it run down and wound it a few times more?

16 May 2013, 11:37 PM	#8
robinrobino70 "TRF" Member Join Date: May 2013 Location: milano Posts: 3	thanks to everybody... at the end I melted the gold and sold at ebay the movement from 1 euro... I was thinking at the end will be around 100 or more euro but the auction ended at 11 euro!! :( So at the end I had only the money for the gold and that's it but... better than nothing :) Thanks!!! Roberto

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