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Old 14 June 2014, 05:28 AM   #1
AJMarcus
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Opportunity but need Opinions

I am very familiar with modern Rolexes but have often considered a good quality vintage purchase. And I have a particular like for the GMT Master Pepsi. I have an opportunity, through a local collector, to purchase a GMT 1675 Pepsi from 1968. It has just been serviced and runs within COSC and meets all pressure testing. It comes with original box and all paperwork. It was a one watch owner who recently sold it to make room for a another Rolex. I am being offered it for $6500. What do you all think? An iPhone pic I took today is attached. Thanks very muchimage.jpg
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Old 14 June 2014, 05:36 AM   #2
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I suposse you where a little bit nervous since my iPhone took better pics than yours . . .

Take another one since this is really too blurry

HAGWe

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Old 14 June 2014, 05:47 AM   #3
1675-David
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If I shake my head and blink really quickly I can almost get it in focus, but his involves putting my beer down...
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Old 14 June 2014, 05:49 AM   #4
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Price is high
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Old 14 June 2014, 05:53 AM   #5
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Quote:
Originally Posted by Lgear080 View Post
Price is high
Sorry for the pic quality guys. What can I say??? There were a lotta lights all over the place and moreover I don't take iPhone pics for a living.

But back to business... What's a good price?
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Old 14 June 2014, 06:21 AM   #6
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Price is high for sure.
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Old 14 June 2014, 07:28 AM   #7
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Does the watch, besides original boxes, have original warranty paper, GMT owner's paper, tags etc? A photo would help along with better photos of the watch and bracelet.

$6500 for a 1968 GMT that is a complete set would be a bargain, based on a watch in above average condition. How about some more details and some photos.
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Old 14 June 2014, 07:36 AM   #8
AJMarcus
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Quote:
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Does the watch, besides original boxes, have original warranty paper, GMT owner's paper, tags etc? A photo would help along with better photos of the watch and bracelet.

$6500 for a 1968 GMT that is a complete set would be a bargain, based on a watch in above average condition. How about some more details and some photos.
Thanks John. It comes with original warranty papers, GMT owners papers and all tags plus box and GMT instructions all dated 1968. I will try and get better pics. I would say its average condition with nice patina for its age.
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Old 14 June 2014, 07:39 AM   #9
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Quote:
Originally Posted by Lgear080 View Post
Price is high
Quote:
Originally Posted by landroverking View Post
Price is high for sure.
Price is definitely not high if it comes with the original box and all paperwork as stated . Not even a little bit. It's actually a great deal if it's all correct
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Old 14 June 2014, 07:41 AM   #10
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Way too high in price.
I could get the same watch complete all in for $5k and the watch would be a 9/10
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Old 14 June 2014, 07:42 AM   #11
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Quote:
Originally Posted by AJMarcus View Post
Thanks John. It comes with original warranty papers, GMT owners papers and all tags plus box and GMT instructions all dated 1968. I will try and get better pics. I would say its average condition with nice patina for its age.
Great. I look forward to some photos.
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Old 14 June 2014, 07:42 AM   #12
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Way too high in price.
I could get the same watch complete all in for $5k and the watch would be a 9/10
Let's see it.
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Old 14 June 2014, 07:46 AM   #13
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Quote:
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Way too high in price.
I could get the same watch complete all in for $5k and the watch would be a 9/10
If you could, and didn't, you surely missed out. You might want to check the market more often because it looks like you missed a great opportunity.

GMT 1675 complete sets from the late 1960s are very tough to find.

I will respectfully disagree that $6500 is "way too high."
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Old 14 June 2014, 07:49 AM   #14
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Quote:
Originally Posted by springer View Post
If you could, and didn't, you surely missed out. You might want to check the market more often because it looks like you missed a great opportunity.

GMT 1675 complete sets from the late 1960s are very tough to find.

I will respectfully disagree that $6500 is "way too high."



You can't even find a 9/10 1675 for 5k without box and papers. Not sure what he's talking about
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Old 14 June 2014, 09:03 AM   #15
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I will agree with John that this is a good price for this watch however the insert has been replaced it is not an original insert. More pictures are needed to determine the case condition . Would like to see a picture of the movement to see if there is any corrosion. The lugs appear to be uneven but that may be the position of the photo and the minute hand appears to be slightly lighter in color.


Sent from my mobile device. Please excuse spelling, punctuation, and brevity.
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Old 14 June 2014, 09:05 AM   #16
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......
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Old 14 June 2014, 09:37 AM   #17
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Quote:
Originally Posted by pdoukas View Post
I will agree with John that this is a good price for this watch however the insert has been replaced it is not an original insert. More pictures are needed to determine the case condition . Would like to see a picture of the movement to see if there is any corrosion. The lugs appear to be uneven but that may be the position of the photo and the minute hand appears to be slightly lighter in color.


Sent from my mobile device. Please excuse spelling, punctuation, and brevity.
Yes, I agree, the insert has been replaced, but it does seem to wear a genuine Rolex insert. It's not easy finding a 46-year-old watch without replacement parts. It is hard for me, at least, to evaluate the watch further based on the photo. Replaced inserts, non-matching hands, replaced date wheels - they are all service replaceable parts and would never keep me from making a wise purchase if priced accordingly.
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Old 15 June 2014, 07:17 AM   #18
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More pics

More pics I took today follow. Thanks for constructive opinions. I'm still on the fence.
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Old 15 June 2014, 07:18 AM   #19
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More pics

Another pic
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Old 15 June 2014, 07:19 AM   #20
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More pics

Another pic
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Old 15 June 2014, 07:21 AM   #21
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Another pic

Another pic guys. I tried to do them all once but couldn't figure it out.
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Old 15 June 2014, 07:22 AM   #22
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Scans still not great. what was S/N? I think for the price quoted with full set box and papers it is still a good purchase. Watch looks nice, a good experienced polisher can bring back the lugs, period insert not hard to find. If it was offered to me it would be in my safe if all parts check out :-) best of luck M
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Old 15 June 2014, 07:25 AM   #23
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Thanks Michael. This helps. Sorry for my crappy photography skills.
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Old 15 June 2014, 07:34 AM   #24
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Price is pretty good for a full set.
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Old 15 June 2014, 07:43 AM   #25
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Quote:
Originally Posted by springer View Post
if you could, and didn't, you surely missed out. You might want to check the market more often because it looks like you missed a great opportunity.

Gmt 1675 complete sets from the late 1960s are very tough to find.

I will respectfully disagree that $6500 is "way too high."
x2
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Old 15 June 2014, 07:59 AM   #26
CrownMe
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Can u take pictures of the box set and papers?
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Old 15 June 2014, 08:14 AM   #27
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Looks as though the dial is probably relumed. The color and texture is not typical for that dial version, and I think I see some sloppiness on 9 and 10. I also noticed in your first large photo that the markers look to have that shiny consistency typical for relume.

Michael
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Old 15 June 2014, 03:22 PM   #28
1675-David
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whats with the minute hand?
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Old 15 June 2014, 06:27 PM   #29
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Personally I would go for it! If it was not a full set then the price would be too high for my liking
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Old 15 June 2014, 11:57 PM   #30
1675-David
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a minute hand like that draws the recent service into question. If it was recently serviced by rolex + all the goodies it's a great deal but it obviously wasn't Rolex who put that minute hand on there
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