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1655 Explorer II barn find
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AAAKK
·Thanks for all the replies. Lots to consider, but I'm sure my friend and I will agree on a path forward. A few things to note. It's my first vintage Rolex but I'm not new to vintage in general so no fear of me messing with it and hurting the value. As far as my friend's wishlist for a modern Rolex, he's mentioning all the usual suspects - Batman, Hulk etc. He's very new to watches and has been consuming YouTube watch channels with an obsession. So who knows where he'll finally land when he decides on something.
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BenBagbag
·Another note just to be sure you understand:
If you take it to a jewelry store/watch repair and they polish the hell out of it, you will destroy its value!!
Consult here first.
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southtexas
·Just out of curiosity, given the collectibility and value of this watch, how was the price of $6400 settled upon? That’s expensive for a cheap watch, and really cheap for an expensive watch (if that makes sense).
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GuiltunderGlass
·Awesome find, congrats! 1980... birth year for me.
Buy out your friend for a fair price and he should be relatively close to his BLRO, Hulk, etc.
Please post pics after this is cleaned up regardless of what you guys do with it 😀
Buy out your friend for a fair price and he should be relatively close to his BLRO, Hulk, etc.
Please post pics after this is cleaned up regardless of what you guys do with it 😀
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Nobel Prize
··Spell Master!I would think the fair thing would be to give him 50% of the watch value (not what you paid for it) He found it, you offered to go 50%. That is 50%.
If you sold it for, let's say, 20g, that is 10 g for each of you and he get's his new watch. If you pay him 10g for it (minus the original spend) then YOU are getting a great vintage watch for 50% of it's value.
That is what is fair in my opinion.
If you sold it for, let's say, 20g, that is 10 g for each of you and he get's his new watch. If you pay him 10g for it (minus the original spend) then YOU are getting a great vintage watch for 50% of it's value.
That is what is fair in my opinion.
Edited:
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Omega D
·An opportunity on short notice came to me today on this pc. Not something I usually chase and I'm far from an expert on these. A friend (complete watch novice) came across it from a estate buyer that he does business with. I thought it was a great price, so we ended up splitting on it.
Obviously lived it's life as a true tool watch, but to my eye it seems like an honest watch. Don't see any dial damage under all the crystal scratches. Back hasn't been off and the crown is seized and didn't want to force it. Watch runs for a bit with a light shake but wouldn't want to speculate on the movement condition. Rolex papers say it was sold in 1980.
I'd welcome any opinions. I thought USD $6400 ($3200 each) was a no brainer buy but let me know if I'm way wrong on this one. Thanks
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AAAKK
·Needs a light polish. I know collectors want it all perfect but you want to enjoy as well.
I get that some would freshen the case up a bit. But it won't touch a polisher while I own it. I like all the reminders that it was used as a real tool watch. If it ends up fully in my possession via an agreement with my friend, it will just get a new crystal, movement service and an ultrasonic cleaning.
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Chris75
·Very nice watch. I got some modern Rolex in case your friend wants to trade it...😗😝
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Marsimaxam
·Congratulations... you did great! I hate you. Box and papers big added plus. Yes, watch will need a major service and the bezel is worn. Do not send to Rolex. There are some wonderful Rolex watchmakers who deal with vintage, i.e., LA Watchworks, Phillip Ridley, Bob Ridley, and others. Check them out.
Here's a sold link from ebay to give you an idea of value. I would anticipate a little less, but not too much. Sold for 29,101.00 USD
https://www.ebay.com/itm/4029419578...=true&nordt=true&rt=nc&_trksid=p2047675.l2557
Here's a sold link from ebay to give you an idea of value. I would anticipate a little less, but not too much. Sold for 29,101.00 USD
https://www.ebay.com/itm/4029419578...=true&nordt=true&rt=nc&_trksid=p2047675.l2557
This website may earn commission from Ebay sales.
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CoDiffe
·And even a full set - icing on the cake.
I’m following this thread so I can see the “after” pictures
I’m following this thread so I can see the “after” pictures
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philips
·Congrats, this is amazing. One of favorite vintage Rolexes. Make sure you give us an update on the story.
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blueteg
·[I realize I'm a month late to the party, but....]
This is such an awesome story. I always dream of finding something old and cool like this (for basement pricing) when I'm driving around on Saturdays and see the 'estate sale' signs in my neighborhood.
Any update on the buyout with the friend?
Also interested to hear how they (the seller) came to that price. To the untrained eye, it just looks like a beat to sh*t Rolex. Maybe worth a couple grand. The fact they were slinging it for $6K at an estate sale means they recognized that it had some value...but didn't take the 5 minutes to do a google search to see what the actual value was? Weird...but hey, awesome find for you and your friend! 😀
This is such an awesome story. I always dream of finding something old and cool like this (for basement pricing) when I'm driving around on Saturdays and see the 'estate sale' signs in my neighborhood.
Any update on the buyout with the friend?
Just out of curiosity, given the collectibility and value of this watch, how was the price of $6400 settled upon? That’s expensive for a cheap watch, and really cheap for an expensive watch (if that makes sense).
Also interested to hear how they (the seller) came to that price. To the untrained eye, it just looks like a beat to sh*t Rolex. Maybe worth a couple grand. The fact they were slinging it for $6K at an estate sale means they recognized that it had some value...but didn't take the 5 minutes to do a google search to see what the actual value was? Weird...but hey, awesome find for you and your friend! 😀
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Burr
·Woah! Cool find, love reading these kind of stories 😀
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tad
·winner, winner chicken dinner - well done!
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Missions
·Great Find!!!
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laratta
·I get that some would freshen the case up a bit. But it won't touch a polisher while I own it. I like all the reminders that it was used as a real tool watch. If it ends up fully in my possession via an agreement with my friend, it will just get a new crystal, movement service and an ultrasonic cleaning.
+1 ^^^^ for this. I would leave it as is and do just the same. Keep the originality of it. Congrats on the great find.
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Larry S
··Color Commentator for the Hyperbole.At this point you are both aware of its value. Spend the cash, I’m guessing $1k max, to fix it up, No dial or case work! Sell and split the proceeds. Your buddy won’t take 3200 anymore.
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Nono01
·Wow, even at that price, that's a find of the year! Whatever the outcome, you both done really well. And I hope that ou will post some after shots after the cleanup. What a fantastic tool Rolex!
