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My First Speedy: How did i do at the Watches of Knightsbridge Auction: 145.012-67

  1. luzer Mar 15, 2014

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    paid 2200 GBP (3658 USD) + 21% Premium = $4400 (im sure there are some other fees)

    A RARE GENTLEMAN`S STAINLESS STEEL OMEGA SPEEDMASTER PROFESSIONAL CHRONOGRAPH BRACELET WATCH CIRCA 1967, REF. 145.012-67 "PRE MOON" LANDING D: Black dial with applied markers, raised silver Omega badge, triple register recording hours, minutes & continuous seconds. M: 17 jewel manual wind movement, signed Omega Watch Co. & numbered, calibre 321. C: Circular case with tachymetre bezel, signed Omega Watch Co., dust cover, Speedmaster emblem on case back, Omega crown & pushers, case diameter measures approx. 42mm. B: Original Omega flat link bracelet, dated 1/69.


    CONDITION REPORT D: Original dial in very good condition, showing some signs of age, luminous missing from hour & minute hands. M: Working at present. C: In excellent condition, bezel insert has some light scratches. B: In excellent condition. D: Dial / M: Movement / C: Case / B: Bracelet / S: Strap

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  2. luzer Mar 15, 2014

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    [​IMG]
     
  3. MSNWatch Vintage Omega Aficionado Staff Member Mar 15, 2014

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    Since price is almost at $5k I would say too high considering the condition of the watch - watch is in average condition except for the movement which I would grade at below average.
     
  4. cicindela Steve @ ΩF Staff Member Mar 15, 2014

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    As you are in the US , you should not have to pay VAT.
     
    jcarel, JohnSteed and MikiJ like this.
  5. luzer Mar 15, 2014

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    sorry 2200 GBP (3658 USD) + 21% Premium = $4400 (im sure there are some other fees)
     
  6. MikiJ Likes songs about Purple spices Mar 15, 2014

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    Absolutely agree. Customs maybe, VAT not!
     
  7. cicindela Steve @ ΩF Staff Member Mar 15, 2014

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    OK, Changed it for you. Still too much.
     
  8. mac_omega Mar 15, 2014

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    Sorry to say - but too much IMHO
     
  9. MikiJ Likes songs about Purple spices Mar 15, 2014

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    I believe your original price was 2,400 GBP. If so then according to my most recent conversion: 2,400 x 21% = 504 GBP + 2,400 GBP = $4,856.03 USD. Pretty close to 5 Dimes ;-) Just sayin'.
     
  10. woodwkr2 Mar 15, 2014

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    Plus ~$400-600 for a servicing when you get it.
     
  11. luzer Mar 15, 2014

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    THIS IS WHY I HAVE BEEN ASKING FOR HELP FOR WEEKS!!
    trying not to breakdown and cry

    i only paid 2200, not 2400
     
  12. DesignerV Mar 15, 2014

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    Have it serviced, Wear it, Enjoy it.

    It's not a "cheap" hobby.
     
  13. STANDY schizophrenic pizza orderer and watch collector Mar 15, 2014

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    Just think it was $185 new::stirthepot::
     
  14. SpikiSpikester @ ΩF Staff Member Mar 15, 2014

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    Sorry, I completely disagree with the comments on price.

    I inspected the watch twice and it was a nice example with a 1039 bracelet in very good condition. In fact I nearly put in a bid but I thought the hammer price was about right & didn't want to jump in at that point. The brochure photos didn't do it full justice.
     
  15. Dablitzer Mar 15, 2014

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    The pictures for this auction house are notoriously stark. Actual watches are usually much nicer in person, I got a nice rose gold seamaster from this auction house.
     
    JohnSteed likes this.
  16. Mothra Mar 15, 2014

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    I was there with Spiki and second the 'nice watch' from him and also the 'watches are usually nicer in person' from Alex. I think you'll love it when it arrives.
     
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  17. MikiJ Likes songs about Purple spices Mar 15, 2014

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    Wouldn't it be terrific if Luzer hit the lotto? Good luck and best wishes. May all you dreams come true ;-) Miki
     
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  18. SpikiSpikester @ ΩF Staff Member Mar 15, 2014

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    Just to "hammer" this home I'm also going to point out that I bought a 145.012-67 about 15 months ago - head only - that was not in as good condition as this one. Although the movement was cleaner.

    At the time, all forum members who commented thought it was a good price. There was also some comment about rocketing prices and how it was lucky to have bought before the price surge (sounds familiar, doesn't it....didn't we recently have the same discussion on Ed White's ?).

    If you add in the cost of a good 1039 then I think this head comes out as 10-15% more than the "good price" I paid over a year ago for something not quite as crisp as this. Certainly the DON bezel on the OPs watch is excellent.

    All things considered, I see no reason for luzer to be at all disappointed in his purchase or the price. And the consensus is that cal 321s will continue to appreciate, so unless he is going to flip it within 3 months then it's hard to see him losing out at all.

    So there :p
     
  19. woodwkr2 Mar 15, 2014

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    A reminder why we all ought to be buying watches to wear rather than speculating in vintage watch futures. If it happens to appreciate (likely), then that's an extra bonus.

    Invest in businesses (ie the stock market or your private business). Wear watches.

    I think the OP intends to wear his piece. He has nothing to worry about.
     
    citizenrich likes this.
  20. Spacefruit Prolific Speedmaster Hoarder Mar 15, 2014

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    Education costs money.

    This is a typical first (or early) watch buy.

    It's not bad. At all. Look at what else is out there! Really not much. It's not cheap. But it's bought.

    It's very hard to find a good one for sale.

    I think Mr Luzer has not done badly. True, an experienced and knowledgable collector might not have put that last bid in, but Mr Luzer does not have the luxury of experience. Now he has a watch. And living with it he will learn.

    from my own experience, buying fom an auction house is rarely satisfying. I've done it only for exceptionally rare pieces. And then paid too much!