14060M values help

[Nickshangs]

good evening all!

i have been offered a very clean, mint recently serviced 14060M , proper full set, 2009 4 liner , long F ! seller is in london as am I

it’s been offered to me for £8k or $10.5k in is equivalent

does that sound like a fair price, overpriced or a bit of a bargain?

thanks so much for your help guys

[csaltphoto]

I have a 14060M so track the prices some... That price is right about market/fair. Mint and recently serviced makes it a somewhat better deal than what you might find online and being able to do the deal in person helps. I know the anti-polishing folks have a dog in the fight so if you can examine the service papers to see if a polish was done you can at least go over it to see if it was done well (which it usually is if Rolex or a quality independent does the work).

[woodruffm]

Sounds ok to me.

I bought a mint 2012 G serial in January this year for £7,500. m
Mine is a full set too including the original purchase receipt.
Mine hasn't had a service, so if you factor that into the price at around £500 then you're bang on the money at £8k.

If you also consider that prices would have moved in the last 12 months then it seems a reasonable price given they aren't making anymore of the 5 digit references.

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[Nickshangs]

thank you guys! that’s why i love this place

[m j b]

To me that is a ridiculously high price since I sold my 14060M for half of that several years ago. But I fear that it is the going rate, since it seems that everything with a crown on it has rocketed up in value.

My only caveat would be that it be serviced by Rolex, which will help you tremendously should you decide to sell it in the future. A service by someone else is likely just as thorough, but it does affect resale.

And of course, make sure that it hasn't been polished to death.

Best of luck. I still think that's one of the best Rolex models out there and still kick myself for selling it.

[Nickshangs]

Originally Posted by m j b

To me that is a ridiculously high price since I sold my 14060M for half of that several years ago. But I fear that it is the going rate, since it seems that everything with a crown on it has rocketed up in value.

My only caveat would be that it be serviced by Rolex, which will help you tremendously should you decide to sell it in the future. A service by someone else is likely just as thorough, but it does affect resale.

And of course, make sure that it hasn't been polished to death.

Best of luck. I still think that's one of the best Rolex models out there and still kick myself for selling it.

it has had an original rolex 2016 service with papers and also 2020 service papers from a very reputable company called rocco ( highly respected ) the sapphire and bezel was changed at the rolex 2016 service which i guess is a good thing?

[dsquared24]

Initial thought is it was a little high IMHO. I've been seeing private sale prices between $8500 and $9000 USD for 4-liners recently. But with you adding the info that it comes with service documentation from Rolex in 2016 and the documentation from Rocco it looks a bit more fair at this point. In my area quality independent service costs about $450-500 USD before any major parts so maybe try to negotiate that to $9500-10000 USD?

Another factor is the seller a private party or a dealer? Still seems to be a bit high for a private seller but if it's a dealer I can see why it's at that number.

[Nickshangs]

Originally Posted by dsquared24

Initial thought is it was a little high IMHO. I've been seeing private sale prices between $8500 and $9000 USD for 4-liners recently. But with you adding the info that it comes with service documentation from Rolex in 2016 and the documentation from Rocco it looks a bit more fair at this point. In my area quality independent service costs about $450-500 USD before any major parts so maybe try to negotiate that to $9500-10000 USD?

Another factor is the seller a private party or a dealer? Still seems to be a bit high for a private seller but if it's a dealer I can see why it's at that number.

it’s a private seller but won’t budge on price, i’ve more or less committed to the deal verbally and i’m obliged to follow through. my reasoning is that even if i pay slightly more , prices are moving quite rapidly “so what’s dear today is cheap tomorrow”. but the advice given here is very valuable. thanks again

[csaltphoto]

Originally Posted by Nickshangs

it has had an original rolex 2016 service with papers and also 2020 service papers from a very reputable company called rocco ( highly respected ) the sapphire and bezel was changed at the rolex 2016 service which i guess is a good thing?

Well... IMHO that does muddy the water a bit. The bezel and crystal are fairly tough so that might indicate a lot of wear. Or one unlucky altercation with a hard object for a safe queen. Keep in mind you are paying a price which indicates VGC. And this watch may have been restored to VGC. It is a difference. I would go over the case very carefully and compare to some others that are for sale, what NOS examples look like etc.

The thing is that you could also shop a less pristine example for less $, send it to Rolex for a service and polish and have an almost good as new watch with a full 2 year warranty.

[woodruffm]

Originally Posted by Nickshangs

it has had an original rolex 2016 service with papers and also 2020 service papers from a very reputable company called rocco ( highly respected ) the sapphire and bezel was changed at the rolex 2016 service which i guess is a good thing?

I'm assuming, Rocco is Rocco from Watchworks in Bristol, he is very good at what he does, and one of the only guys in the UK who does laser welding.

If it's the right watch with the correct provenance then you shouldn't lose any money on it.

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[studioJ]

I’d say go for it.

[Nickshangs]

Originally Posted by woodruffm

I'm assuming, Rocco is Rocco from Watchworks in Bristol, he is very good at what he does, and one of the only guys in the UK who does laser welding.

If it's the right watch with the correct provenance then you shouldn't lose any money on it.

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never met him but yes that’s correct, as i said a few people i’ve dealt with in the past speak very highly of him. the seller told me he is extremely fussy about he’s watches and wanted the watch to be in new condition that’s why he changed the sapphire and bezel as they had minimal scratches but wanted the watch to be very mint. i’d take he’s word over that as it’s been confirmed by a close friend of he’s

[214270Explorer]

I did a deal scarily similar to yours <just a tiny bit less cost> over a year ago and never regretted it.
You could search tomorrow and find another, or a year and never again come close.
It is all a cARp shoot.
Think l-o-n-g term as to getting this one now.

[berchris]

Seems a tad high to me, just based off of a quick perusal of watchrecon. But, if you are happy with it, then the cost should not matter much.

[cm70]

I think it is a good deal ... just if the Sub is near perfect/full set and all the checks (serial, clasp etc) are OK ...:)

[RayRay89]

I would go any higher than 9K

[Atone]

Originally Posted by Nickshangs

it has had an original rolex 2016 service with papers and also 2020 service papers from a very reputable company called rocco ( highly respected ) the sapphire and bezel was changed at the rolex 2016 service which i guess is a good thing?

thats not a good thing and you're paying a premium for it. i would not do it.

[Atone]

Originally Posted by csaltphoto

Well... IMHO that does muddy the water a bit. The bezel and crystal are fairly tough so that might indicate a lot of wear. Or one unlucky altercation with a hard object for a safe queen. Keep in mind you are paying a price which indicates VGC. And this watch may have been restored to VGC. It is a difference. I would go over the case very carefully and compare to some others that are for sale, what NOS examples look like etc.

The thing is that you could also shop a less pristine example for less $, send it to Rolex for a service and polish and have an almost good as new watch with a full 2 year warranty.

this is what i would do. never take a seller's word on why they changed parts on a watch that is not that old. seems fishy to replace the crystal and the bezel??

[illiguy]

As a bookend reference point, one of the trusted sellers here has a NOS 4-Liner random for north of $17k. Listed on their own personal site.

[Jack T]

I can't comment on the price but the replacement of the crystal and bezel are ominous to me. It takes a pretty good jolt for a bezel to need replacement, likewise the crystal; same incident?? Do they have CarFax for watches? Can the owner document the reasons for the replacements?

[RayRay89]

For 10K you can get a preowned 114060 from tourneau.com

[zen123]

If its £8k full set and in the condition you say its in then definitely go for it. They've increased in price quite dramatically & not likely to drop any time soon. My friend bought his K serial back in Dec 2018 for £5.5k

By the way I see some of our US members commenting on the price too high. What you have to understand is prices in UK tend to be higher than in USA. When I look on Chrono24 and other sites I see prices for most Rolex from US sellers lower than that for us in UK.

[mmmmp]

Originally Posted by csaltphoto

Well... IMHO that does muddy the water a bit. The bezel and crystal are fairly tough so that might indicate a lot of wear. Or one unlucky altercation with a hard object for a safe queen. Keep in mind you are paying a price which indicates VGC. And this watch may have been restored to VGC. It is a difference. I would go over the case very carefully and compare to some others that are for sale, what NOS examples look like etc.

The thing is that you could also shop a less pristine example for less $, send it to Rolex for a service and polish and have an almost good as new watch with a full 2 year warranty.

Wow! this was written by a smart individual. A broken crystal could mean serious damage. (or not, but worth considering.)
Very, good advice which the OP should take seriously.

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[Kliminator]

Originally Posted by m j b

To me that is a ridiculously high price since I sold my 14060M for half of that several years ago. But I fear that it is the going rate, since it seems that everything with a crown on it has rocketed up in value.

My only caveat would be that it be serviced by Rolex, which will help you tremendously should you decide to sell it in the future. A service by someone else is likely just as thorough, but it does affect resale.

And of course, make sure that it hasn't been polished to death.

Best of luck. I still think that's one of the best Rolex models out there and still kick myself for selling it.

I agree - service by Rolex is always going to be the best for a future buyer. That being said, I think there is merit as well if you get it serviced by a well known independent. For example, my 14060 was serviced by Rolliworks and that is definitely more desireable than a random watchmaker.

@ OP: I feel like $10.5K is a little high. You should keep an eye out on the forums (or www.watchrecon.com which canvases a bunch of forums ) and see if you can get a better deal.

[Crazy Lugs]

Originally Posted by illiguy

As a bookend reference point, one of the trusted sellers here has a NOS 4-Liner random for north of $17k. Listed on their own personal site.

It had been sitting unsold since January at $13K, then when the 41mm Sub hit the streets he raised the price to $17K.

Tough way to make a living...

[rootbeer7]

This is about right in the UK.
For our American friends, Sterling is some 25% stronger than it was a year/18 months ago, making prices appear higher.

[cm70]

Originally Posted by illiguy

As a bookend reference point, one of the trusted sellers here has a NOS 4-Liner random for north of $17k. Listed on their own personal site.

I have the same ... NOS ... all stickers
very rare to find ... :) and to sell away ... :)

[illiguy]

Originally Posted by cm70

I have the same ... NOS ... all stickers
very rare to find ... :) and to sell away ... :)

Let’s see some pics!

[1William]

I think it is over priced for what it is. For that kind of money I would want the six digit with the updated case, bracelet and Glide Lock clasp. I know the whole vintage feel is lost with the six digit but I am not a fan of the five digit at that price.

[m j b]

Originally Posted by illiguy

As a bookend reference point, one of the trusted sellers here has a NOS 4-Liner random for north of $17k.

I saw a NOS 4-liner sell here earlier this year for an asking price around $12K (don't know what it went for).

I really wanted it (oooh, look, shiny!) but I'm going to wear the sucker, which means that I'd instantly lose several thousand dollars. In hindsight, the way the market is, maybe not.