105.003 Ed Franken on The Bay

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This seller is also listing these watches with no comments about the ridiculous dials.

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I bought a Seiko 6139 from this dealer, that was obviously a mix of parts, but attractive to me and was low enough priced, that i was good with the transaction. What was a concern was that it ran horribly, after being assured it had been serviced. He refunded me some, but the final service was more that the original price of the watch. Buyer beware.
True, if seller does not disclose a franken watch and very much holds onto incorrect analysis, then who know whatelse he may or may not disclose. Hard pass on this one, ene if the price is becoming more attractive even for parts alone. Bezel and dial are nice. Won't make up for it if the 321 movement is trash.
 
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...and relisted, it didn't really sell.

If it ever does sell, I'd be interested to hear what the ebay authenticator will make of it. Despite what is in the caseback, it clearly isn't an Ed White so they might just knock it back as incorrectly described.
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If anyone here is interested in this "project", i.e. selling the case back and buying a new case back for the 145.012, I was able to get the seller to drop the price to $5868 net to him. Or else he would be taking a "loss" on it. I'm thinking he misevaluated this watch as well and is trying to push what was told to him. I told him that at least "something" was mismatched on this watch, either from Omega or during previous ownership.
$5868 seems like a decent price for a 145.012, taking into consideration you would have to search for a matching caseback. But then again, if you follow the mantra of "buy the seller", seems a bit sketchy
 
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I was chatting with him too. I just don’t buy the story. Occam’s razor dictates that the simplest explanation is usually right. In this case, it’s a mismatched case back.

He could easily get an extract on the serial and prove what it is.
 
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$5868 seems like a decent price for a 145.012, taking into consideration you would have to search for a matching caseback. But then again, if you follow the mantra of "buy the seller", seems a bit sketchy

Not sure it is a good price given the condition. That caseback will also be expensive to replace.

I was chatting with him too. I just don’t buy the story. Occam’s razor dictates that the simplest explanation is usually right. In this case, it’s a mismatched case back.

He could easily get an extract on the serial and prove what it is.

Extracts haven’t been available for over a year now.
 
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Not sure it is a good price given the condition. That caseback will also be expensive to replace.



Extracts haven’t been available for over a year now.
Thanks for your guidance on this one too! Decent price for a 145.012, but then you are really rolling the dice on the condition of the movement, regardless of case back issue. This is definitely one of those "buy the seller" situations were you cannot trust anything the buyer says.

He even doubled down without taking into consideration that it might have just been a switched case back. Funny thing is that if he came out and disclosed this is a 145.012 with the wrong case back then I'm sure someone might be inclined to pay that $6k he wants.
 
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Extracts haven’t been available for over a year now.
I thought they were coming back in 2024, but alas, here we are 🙁.
 
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Not sure it is a good price given the condition. That caseback will also be expensive to replace.
The existing case-back has roughly the same value as the missing case-back, so there might not be much of a net expense. Could even be a modest net gain. However, it will take some time and energy to buy the right one and sell the wrong one, and it's a pain in the neck for a watch that's not terribly appealing.

A couple of years ago, I bought a Rolex with no movement photos and found that it had the wrong case-back. Fortunately, it had a case-back from a more valuable reference, so I easily made a small profit on the exchange, but it was an unexpected project and therefore a pain in the neck.
 
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My speedmaster came with two casebacks. One engraved. The other is for the wrong ref. Sometime in the last 30 or so years I misplaced the incorrect caseback. I thought it was in a safe location, but somehow it migrated somewhere else.

In theory the casback currently on the watch (105.012) is worth more than the correct caseback. Extracts ended before I got a chance to get one. The online charts date the watch to around 1970 (possibly my 10th birthday.) The movement is an 861. While I could make an educated guess, without the extract I am unsure what the correct caseback should be.

We think we can keep the extra parts safe, but 30 years can be a long time, and much can happen. Sometimes interest drift. I went 18 or so years focusing more on fancy street organs, with minimal interest in watches. It never went away completely, so when the interest returned it is like it was never away.
 
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My speedmaster came with two casebacks. One engraved. The other is for the wrong ref. Sometime in the last 30 or so years I misplaced the incorrect caseback. I thought it was in a safe location, but somehow it migrated somewhere else.

In theory the casback currently on the watch (105.012) is worth more than the correct caseback. Extracts ended before I got a chance to get one. The online charts date the watch to around 1970 (possibly my 10th birthday.) The movement is an 861. While I could make an educated guess, without the extract I am unsure what the correct caseback should be.

We think we can keep the extra parts safe, but 30 years can be a long time, and much can happen. Sometimes interest drift. I went 18 or so years focusing more on fancy street organs, with minimal interest in watches. It never went away completely, so when the interest returned it is like it was never away.
Extracts don't give much information that would help you. It would give you a date, and it would say 145.022, but that's it. Still, if it is a cal 861, and the dial has a step and a printed Omega symbol (not applied), with a 1970-ish serial number, you can pretty much guarantee that a 145.022-69 caseback would be correct.
 
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The existing case-back has roughly the same value as the missing case-back, so there might not be much of a net expense. Could even be a modest net gain. However, it will take some time and energy to buy the right one and sell the wrong one, and it's a pain in the neck for a watch that's not terribly appealing.

A couple of years ago, I bought a Rolex with no movement photos and found that it had the wrong case-back. Fortunately, it had a case-back from a more valuable reference, so I easily made a small profit on the exchange, but it was an unexpected project and therefore a pain in the neck.
At this point, it doesn't even matter how "potentially" okay the deal for the watch may be. After speaking to the seller, it just doesn't feel right. I like to feel the history and possibly know some provenance to a watch. And for this example, it's just doesn't sit right. Someone mislead the seller, which in turn, is trying to mislead another buyer. Then he "sold" and relisted this watch and it's been sitting for months. Just ick all around.
 
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At this point, it doesn't even matter how "potentially" okay the deal for the watch may be. After speaking to the seller, it just doesn't feel right. I like to feel the history and possibly know some provenance to a watch. And for this example, it's just doesn't sit right. Someone mislead the seller, which in turn, is trying to mislead another buyer. Then he "sold" and relisted this watch and it's been sitting for months. Just ick all around.
Yes, I'm not suggesting that anyone should buy the watch.

Although to be candid, I'm not a big believer in the "buy the seller" mantra. Ultimately you are buying the watch, and many sellers are totally ignorant about what they have. The key is to have enough knowledge to judge the watch for yourself, and take the seller's claims with a grain of salt. I can't tell you how many good watches I've bought from people with BS stories about a watch's history, they just don't know and there's no point in arguing. Even professional auction listings are often completely wrong.

As long as you know what you're buying, you're confident it's not a scam (not really an issue on eBay), and the price is right, you're fine. In the long run, you will forget who you bought it from.
 
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Yes, I'm not suggesting that anyone should buy the watch.

Although to be candid, I'm not a big believer in the "buy the seller" mantra. Ultimately you are buying the watch, and many sellers are totally ignorant about what they have. The key is to have enough knowledge to judge the watch for yourself, and take the seller's claims with a grain of salt. I can't tell you how many good watches I've bought from people with BS stories about a watch's history, they just don't know and there's no point in arguing. Even professional auction listings are often completely wrong.

As long as you know what you're buying, you're confident it's not a scam (not really an issue on eBay), and the price is right, you're fine. In the long run, you will forget who you bought it from.
Oh for sure, and that's where the best deals can be had. But that requires a level of expertise that I am trying to gather and not annoy OF members while doing so. I know vintage watches can be very subjective in the "would you wear it" factor, but there is also a level of comfort in knowing that some trustworthy sellers can provide additional info on a watch, especially with many unknowns in condition of movement before purchase, and also keeping a relationship in hopes of purchasing something else later. There is an OF member that I bought a watch from that I continue to ask guidance on future watch purchases and possibly a source for bracelets and parts. He's been very helpful in letting me know what to look out for in future watch purchases. This is a good example of "buy the seller".
 
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Yes, I'm not suggesting that anyone should buy the watch.

Although to be candid, I'm not a big believer in the "buy the seller" mantra. Ultimately you are buying the watch, and many sellers are totally ignorant about what they have. The key is to have enough knowledge to judge the watch for yourself, and take the seller's claims with a grain of salt. I can't tell you how many good watches I've bought from people with BS stories about a watch's history, they just don't know and there's no point in arguing. Even professional auction listings are often completely wrong.

As long as you know what you're buying, you're confident it's not a scam (not really an issue on eBay), and the price is right, you're fine. In the long run, you will forget who you bought it from.
I think I agree. In this case, someone will get a premoon 145.012 under 6k, assuming they negotiate to the price above, in "Fair/Good" condition, which I guess is an OK deal.
 
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Yes, I'm not suggesting that anyone should buy the watch.

Although to be candid, I'm not a big believer in the "buy the seller" mantra. Ultimately you are buying the watch, and many sellers are totally ignorant about what they have. The key is to have enough knowledge to judge the watch for yourself, and take the seller's claims with a grain of salt. I can't tell you how many good watches I've bought from people with BS stories about a watch's history, they just don't know and there's no point in arguing. Even professional auction listings are often completely wrong.

As long as you know what you're buying, you're confident it's not a scam (not really an issue on eBay), and the price is right, you're fine. In the long run, you will forget who you bought it from.
Too true -- and if the other gems he's selling are indicative of his selling prowess, it tell you all you need to know. Run from this unscrupulous, or at best stupid, seller.
 
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I think I agree. In this case, someone will get a premoon 145.012 under 6k, assuming they negotiate to the price above, in "Fair/Good" condition, which I guess is an OK deal.
And what if the movement is shot? I understand service is always needed/recommended when buying a vintage watch, but what if the seller doesn't disclose other larger issues like chronograph not working properly or resetting which means a part needs to be replaced? I'm tempted at this watch too at sub $6k, and would have been more likely if the seller gave full disclosure regarding the wrong case back. But the seller is adamant that this is a 105.003 with a completely wrong case and dial.
 
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From the listing:
Omega Speedmaster ST 105.003-65 in a stainless steel case, featuring the Omega Cal. 321 manual-wind movement. This Speedmaster is in wonderful working condition, keeps time, and the chronograph runs correctly.

There is also a 14 day return window, and given the price, I'd imagine this ships to eBay for authentication. So, at worst, you get it and return it. If it's not in working order, return it as "item not as described". Ebay is very protective of buyers this way.
 
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From the listing:


There is also a 14 day return window, and given the price, I'd imagine this ships to eBay for authentication. So, at worst, you get it and return it. If it's not in working order, return it as "item not as described". Ebay is very protective of buyers this way.
True, but then you will be paying more for it through eBay. The buyer wanted $5868 NET to him.