Buying my first Rolex / your opinion on 5513

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Simply put…walk away

Not just, because of the price…
 
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just to be aligned, (I know people dont like those question, but as I am completely off rolex market )
- if I may ask, pls, looking at pictures I sent, what would you consider a fair price?
Just my opinion, but something around $13--$14k USD. Some might consider that high, but (among other things) this watch has essentially zero wear between the lugs, as @Canuck noted.
 
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Can’t help wondering why some photos are black and white and the rest are colour?
 
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All,

Closer attention should be paid to those hands. A good match at first glance but look closely. I'll let you all be the judge.
What exactly you suggesting? Or what do you see? thanks, tomas
 
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Just my opinion, but something around $13--$14k USD. Some might consider that high, but (among other things) this watch has essentially zero wear between the lugs, as @Canuck noted.

I had a feeling it is (slightly) overpriced, that's why I created the thread. The watch is just 4 hours drive from me, so maybe I will give it a shot and go to see it and make my counteroffer at least. And as I dont have much references to relate the price & condition, thats why I decided to ask you guys how much would you offer for it. @wsfarrell thanks - USD 13.5k first real suggestion.
(I know how the pricing works, but you know - I just dont want to do silly purchase.)

@JamieG no idea why some of the pics are BW. I guess guy wanted to have the gallery more artsy? the shot just shows the case and it is clearly visible, so I did not find any bad intentions in it.

BUT! I found that other SUB the seller sold recently was advertised as UNPOLISHED and he made superclear close-up details. So I do suggest that he knows the shit and knows exactly if the watch was / was not polished. For sure he did not listed detail shots of lugs. I havent seen many 5513 cases so can't compare, but most of you consider the case condition quite okay, even if might be slightly polished.
 
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Case is fine, I wouldn’t worry about the clasp code, and if you’re OK with the price, then go for it.
 
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What exactly you suggesting? Or what do you see? thanks, tomas
There's something odd and inconsistent with the lume in the hands when compared to the plots.. and yes, the serial number engraving looks that fresh?
 
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There's something odd and inconsistent with the lume in the hands when compared to the plots.. and yes, the serial number engraving looks that fresh?

@Canuck pointed this one out as a positive, citing him:
The bracelet ends on Rolex of this vintage tend to wear away at the case surface between the lugs, sometimes obliterating the model number and serial number. This one looks okay.
 
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Honestly, I'm looking at finite details that seem odd to me. But again, I can be totally wrong.

I feel that at that exorbitant price, this watch should be almost perfect. At least a pearl?!
 
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Honestly, I'm looking at finite details that seem odd to me. But again, I can be totally wrong.

I feel that at that exorbitant price, this watch should be almost perfect. At least a pearl?!

word exorbitant made me smile. Well, indeed. Still thinking of what counteroffer to put in. But definitely not higher than suggested 13-14k USD (which equals to some 12k EUR).

Anybody else has opinion on lume inconsistency or engravings? thanks
 
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I love the 5513 that I know very well.
it's an incredible watch.
for me the mk3 (lollipop) is the most desirable but it is a matter of taste.

it must be borne in mind that at the time the manufacturers of Rolex dials were not the same as those of the hands.
for me, there is no problem here.

On the other hand, Like @Faz, the serial number engraving asks me question. He is really new.
my 5513 is extremely clean And the serial doesn’t look that fresh.

The case is not unpo, but not bad. It’s ok.

finally, the price is not crazy. it's the price of a beautiful 5513 maxi dial at a professional seller today my friends.
the same full set would be over 22k.
 
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Also, factor in if you would conceivably flip this, or if it is to keep. If it's something you do not forsee parting with, then it is fine paying a slight premium, imo.

Like for example, I just purchased a r serial 1016 that I will likely keep forever, fine paying a premium. Also looking at 1655s, but those I could see getting tired of, so looking for more of a bargain there.
 
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Also, factor in if you would conceivably flip this, or if it is to keep. If it's something you do not forsee parting with, then it is fine paying a slight premium, imo.

Like for example, I just purchased a r serial 1016 that I will likely keep forever, fine paying a premium. Also looking at 1655s, but those I could see getting tired of, so looking for more of a bargain there.

keeper for me. it is also my birth year watch. that is why i was waiting longer, wanted to go for more decent piece.
 
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The verdict: I was supposed to go and see the watch last week. I missed the night bus to Munich 26/Aug. So we agreed I come 29/Aug. I even sent the dealer picture with a cash waiting for him I took from bank. The day I was supposed to travel again, the guy just texted me that he just sold the watch. I was like HUH?! And I heard a silly excuses about how he thought I will not come bla bla bla. I even didnt responded. Didnt know what to say. We were agreed. I dont trust the guy.

Funny ending - yesterday he texted me the watch is still available, the other guy was fraud. Well, I do not trust the dealer anymore. I dont like that kind of dealing. So again I even did not respond to him.

I still like the watch, available. But my moral compass says not to deal with him anymore. Btw, it is quite reputable dealer with a lot of followers.
 
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Hmmm. 😀

I would not be too hard on the dealer based on what you have said. Basically you missed an appointment, and you are traveling to meet him, by bus with $1x,000 with intention not to buy, but to offer. (It sounds dodgy).

You had an appointment to view. Not to buy.

If someone came in to him and offered him full asking, there was nothing to suggest he would be better off waiting for a guy who might come on a bus and might have a pile of money, or a photo of it, but in any event had already missed one appointment.

In addition I suspect you have done a lot of tyre kicking, leading him to think selling to you might be a PITA anyway. (How many times you contact him? More than three?)

The watch in question is of above average attraction, and from a dealer. So it is never going to be the same price as an eBay private sale with bad photos. These do not grow on trees and while a hardened collector with an eye on immediate resale value might baulk I would urge you to trust your instincts, based on your own research.

It seems you are not flying blind, you have researched and you have knowledge. Go for it. No body got a bargain on their first vintage Rolex, but you can make sure you get one you like.

Lastly, the easier and more straight forward you are with the dealer the more likely you will have his help and support. You have let him down once. Don’t blame him for not taking you seriously, it’s up to you now to win his trust.

All those who say it’s only worth 13-15k.

Show me.

Because I fancy one at that level::psy::
 
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Hmmm. 😀

I would not be too hard on the dealer based on what you have said. Basically you missed an appointment, and you are traveling to meet him, by bus with $1x,000 with intention not to buy, but to offer. (It sounds dodgy). You had an appointment to view. Not to buy.

I was ready to buy. I got full asking price on me. You know how it goes, always trying to make a better deal, but after travelling three states (with fellow folks nodding on watch quality) you finally end-up paying a bit premium. (the price he is good with too)
 
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There are plenty of 5513's out there to be had. I still contend the price was a tad too aggressive for my taste, 15K eruo = ~ 17K USD for a Maxi IV dial. IF you assume the watch needs service, that's another $500 or so in cost, putting it at the upper bound for a late matte dial. If it were a pre-Comex or even a MK3, which are more desirable, then the price could be a bit more justifiable. Heck, 1680s are about $11-13K and arguably a rarer reference in terms of sheer production numbers.

If patient, you can find a nice 5513 in the $15K range, perhaps not a Maxi but an early 70s.

That's just one persons view, that a 2 cents will get you a cup of coffee somewhere in the world.....
Edited:
 
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a beautiful 1680 with its original parts is 12 / 13k € !
to buy now ! in my opinion this reference will explode soon.
it is a very desirable reference currently underestimated. not for long.

to return to the 5513. the mk3 is actually the most beautiful