NOS Kermit flat 4 full set. Should I do it??

[DoctorA]

I need some help making a decision. I know this is a unicorn and hard to benchmark but I’ve been wanting one as I want to collect the 50th anniversary of all models.
It’s offered to me for $25K which I have no idea if it’s reasonable or not!
I don’t buy my watches as investment and will not be selling it but also hate to overpay!

Any advice will be appreciated!

[Swaye]

That's dirt cheap for a true NOS.

[Tavli3]

Originally Posted by DoctorA

I need some help making a decision. I know this is a unicorn and hard to benchmark but I’ve been wanting one as I want to collect the 50th anniversary of all models.

It’s offered to me for $25K which I have no idea if it’s reasonable or not!

I don’t buy my watches as investment and will not be selling it but also hate to overpay!



Any advice will be appreciated!

Great price if Y or low F serial #.



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[BigBlue1]

Originally Posted by DoctorA

I need some help making a decision. I know this is a unicorn and hard to benchmark but I’ve been wanting one as I want to collect the 50th anniversary of all models.
It’s offered to me for $25K which I have no idea if it’s reasonable or not!
I don’t buy my watches as investment and will not be selling it but also hate to overpay!

Any advice will be appreciated!

If it isn't an investment then why bother NOS. Save the money and a get a near perfect one. They are out there and a lot cheaper. It is a great watch, but if it isn't going to be a safe queen, why bother.

[illiguy]

Remember to buy the seller and ensure that it’s truly a “complete kit” and BNIB (including ALL plastics in place). It would only be NOS if purchased directly form an AD.

[DoctorA]

Originally Posted by Tavli3

Great price if Y or low F serial #.



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It’s an F3********** serial

[DoctorA]

Originally Posted by BigBlue1

If it isn't an investment then why bother NOS. Save the money and a get a near perfect one. They are out there and a lot cheaper. It is a great watch, but if it isn't going to be a safe queen, why bother.

Good point. To be honest, it will be in the collection not for investment but for its rarity!

[padi56]

Originally Posted by DoctorA

I need some help making a decision. I know this is a unicorn and hard to benchmark but I’ve been wanting one as I want to collect the 50th anniversary of all models.
It’s offered to me for $25K which I have no idea if it’s reasonable or not!
I don’t buy my watches as investment and will not be selling it but also hate to overpay!

Any advice will be appreciated!

Well speaking for myself the so called 16610LV flat four font is well over hyped, and no way would I pay these crazy prices for a watch perhaps made in many hundreds or even a thousand. And buyer be careful as there are quite a few normal black dial 16610 which have had dial hands and insert changed, owing to the internet hype over the flat four 16610LV.

[DoctorA]

Originally Posted by padi56

Well speaking for myself the so called 16610LV flat four font is well over hyped, and no way would I pay these crazy prices for a watch perhaps made in many hundreds or even a thousand. And buyer be careful as there are quite a few normal black dial 16610 which have had dial hands and insert changed, owing to the internet hype over the flat four 16610LV.

Point well taken! But wouldn’t the papers, matching the serial number of the watch guarantee authenticity and that it was born a green bezel flat 4?

[rolexryan329]

i understand the want to peel stickers and be the only to wear but for 25k... why not save at least 10k (or maybe closer to 15k) and buy one with just a few scratches on it? that's quite a hefty premium for a watch with no warranty and will certainly get scratched up

if money isn't an issue, then you will have a hard time finding a NOS kermit especially in today's market. Go for it if you have the coin but my vote is with a preowned weekend warrior :)

[rushca01]

I think OP want’s a flat 4 which is still going to command a premium. If the flat 4 isn’t a big deal along with NOS I would get a full set good condition one that goes for around 13k-15k.

[DoctorA]

I feel that anything that’s not a Y or early F with a flat 4 isn’t the “true” anniversary version! It would be the 51st or 52nd.....etc.
I agree it might not make any difference to many people and it probably shouldn’t but from a “collectibility” stand point (which is what I’m after) I believe it does

I was lucky to get the MKI SD43, and even the new Pepsi (which isn’t an anniversary watch) I was lucky (and very happy with) the MKI

weird, I know lol

[Tavli3]

Originally Posted by DoctorA

It’s an F3********** serial

That may be low enough for 2003 vintage which if everything is legit makes 25k a steal.

I’ve seen at least 3 non NOS go for 29k.
They were Y serial but an 03 F is close enough.

You may want to check with experts on the Vintage side. I would take pictures and post them there. They don’t miss much if anything !


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[Tavli3]

Originally Posted by DoctorA

It’s an F3********** serial

That may be low enough for 2003 vintage which if everything is legit makes 25k a steal.

I’ve seen at least 3 non NOS go for 29k.
They were Y serial but an 03 F is close enough.

You may want to check with experts on the Vintage side. I would take pictures and post them there. They don’t miss much if anything !


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[padi56]

Originally Posted by DoctorA

Point well taken! But wouldn’t the papers, matching the serial number of the watch guarantee authenticity and that it was born a green bezel flat 4?

In the real world bits of plastic papers etc are far easier to fake than the actual watch.And unless bought from a 100% reliable source the so called papers dont always prove authenticity of any watch .Before paying out these crazy prices do home work on seller first, and if possible check watch and serial with Rolex.And today replacement LV inserts from Rolex are flat four font, but bezel slightly different colour to those back in 2003/4

[1665fan]

Dooooo it!!!!

[springer]

F3 would have been sold during 2004 and should be a flat 4 version. Many of the Y9 serial numbers were also sold during early 2004.

I would check to see if this F3 has the 1st variation of the anniversary dials. If you are unfamiliar with what you are looking at, I would recommend you read this thread and review some of the links (watchclub link) in the thread that identify the dial variations for the 16610LV.

https://www.gmtforum.com/viewtopic.php?f=3&t=282

[springer]

Originally Posted by DoctorA

Point well taken! But wouldn’t the papers, matching the serial number of the watch guarantee authenticity and that it was born a green bezel flat 4?

Not necessarily. Some of the Asian papers did not have identifiers for the V or LV on them.

[Chester01]

Originally Posted by DoctorA

I need some help making a decision. I know this is a unicorn and hard to benchmark but I’ve been wanting one as I want to collect the 50th anniversary of all models.
It’s offered to me for $25K which I have no idea if it’s reasonable or not!
I don’t buy my watches as investment and will not be selling it but also hate to overpay!

Any advice will be appreciated!

I mean if you are collecting them with no intent of selling, then why not. But man the day after that sticker comes off and it’s no longer new old stock, it’s like the value immediately plummets.

[Chester01]

Secondly, I don’t get this model. It’s like Something omega does. Here is a special edition speedmaster. Well the Speedmaster to have is the real deal, not the commemorative versions. The sub was and always will be dressed in all black like Johnny Cash. Anything else is just playing around.

[037]

I wouldn't. For ~$10k less you can have a pointed four complete set that you can actually wear rather than baby and worry about its investment value.

Flat four inserts can be found for $3-5k if you really want one.

[DoctorA]

Originally Posted by springer

F3 would have been sold during 2004 and should be a flat 4 version. Many of the Y9 serial numbers were also sold during early 2004.

I would check to see if this F3 has the 1st variation of the anniversary dials. If you are unfamiliar with what you are looking at, I would recommend you read this thread and review some of the links (watchclub link) in the thread that identify the dial variations for the 16610LV.

https://www.gmtforum.com/viewtopic.php?f=3&t=282

That was actually super helpful! The dial doesn’t have the oval “O” nor the 5 ticks under the “Swiss made”
I did some research and found a few dials like that but I will stay on the safe side and pass on it!
99% of what I read and pictures I saw have the oval O and 5ticks.

The seller is a trusted seller but it’s too much money to risk!

Thank you all for the input and opinions! I LOVE THIS FORUM!!!

And the search continues lol

[Nikrnic]

If you know it's legit with the correct dial and all paperwork, tags etc. It is worth it. Safe Queen of course.
Oh, I see it didn't check out..
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[turborolex]

Originally Posted by DoctorA

That was actually super helpful! The dial doesn’t have the oval “O” nor the 5 ticks under the “Swiss made”

I did some research and found a few dials like that but I will stay on the safe side and pass on it!

99% of what I read and pictures I saw have the oval O and 5ticks.



The seller is a trusted seller but it’s too much money to risk!



Thank you all for the input and opinions! I LOVE THIS FORUM!!!



And the search continues lol

The fact that it doesn’t have the oval O is the issue here...

I would have passed too.


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[Jakey]

No chance

[Fomenko]

That's 25,000 dollars... you should have a lot of disposable income to put that on a watch (flat four or not).

[Tools]

Originally Posted by DoctorA

That was actually super helpful! The dial doesn’t have the oval “O” nor the 5 ticks under the “Swiss made”
I did some research and found a few dials like that but I will stay on the safe side and pass on it!
99% of what I read and pictures I saw have the oval O and 5ticks.

I think that you made a wise decision.

This would be a show watch, not a wearer of any sort. Without the key attributes then what would be the purpose to show it.

[Laszlo]

If all checks out this is an amazing opportunity to own my grail.

[1665fan]

No OVAL no go.....pass immediately....even the first batches of pointed 4s had oval dial

[Andad]

Good decision.