Is this speedy a good deal?

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Hi, everyone. I have an opportunity to purchase this speedy pro for 8K Canadian. From what I know it is all original and a one owner watch.

Does it look right to you guys? I’ve always wanted a .321 and think I may go for it.

 
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Looks legit at first glance, with some issues to the hands (dark lume, painted hands?) being hidden in the photos. Moldy and missing lume on dial, rough bezel. The price isn't crazy, but it would be a pass for me simply because it would give me no joy.
 
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Looks legit at first glance, with some issues to the hands (dark lume, painted hands?) being hidden in the photos. Moldy and missing lume on dial, rough bezel. The price isn't crazy, but it would be a pass for me simply because it would give me no joy.
Thank you for your honest opinion.
 
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It is inexpensive for what it is... but I wouldn't call it a good deal. As the previous poster said, it would give me no joy.

For $8k CAD budget, I would personally rather have something like a nice 145.022-71 with a step dial or a really nice 145.022 from the 80s.
 
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It looks quite nice, but have you looked at other examples elsewhere and compared the pricing, and used @Spacefruit's rough value guide on Speedmaster101? I would look into those a bit more first.
 
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Quite a larg stain under the minute subdial, issues with this watch are adding up

Crown is not original btw...
 
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Price chart on SM101:

105012-653,5006,40011,50018,000


8k CAD is ~$5700 USD, so price wise this is between fair-and-good.

Fair & good descriptions:
"
Fair - Often the quality of a well-used watch, one that has lived a useful life. It might be damaged or missing some parts, movement needing work. This category can sometimes be improved with sympathetic work and service. It will remain fair if after service it still shows a damaged bezel, a dial with damage or missing, or discoloured plots, and a case with missing lines or heavy damage.

Good - Complete with correct parts. It is likely the lowest condition most collectors or owners are happy with. The case and dial and bezel should be without significant damage, though there may be some wear or light marks on the case or bezel. The plots are an attractive colour not green or missing. Some minor plot damage or issues are acceptable. The bezel may have several marks but no major damage.
"

From those, I would put this distinctly in a "Fair+" situation. This watch has faced a long, well-used-life, with at least one questionable service (see dial stain). So I think at 8k CAD this is perhaps overpriced, but not horrifically so. I don't think it is a 'normal' Fair, so I would think 4-4500 USD is probably a reasonable range for it, unless the hands are bad.

But like @Dan S says: its in rough enough condition I don't think I'd spend $500 on this. It is rough, ugly in a quite a few ways, and particularly the hands would bother me. The lume isn't particularly attractive to me, and the bezel is banged up in a way that would really bother me.
 
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Those photos are really not doing it any favors.
Agree… This prolly looks better in person than these lousy pics.
 
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With all the hands at 12 I suspect they might be trying to hide something, appears to be rust on the chrono hand. This would be a hard pass for me
 
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Might need a polish...

Excellent observations above, I don't have much to add except that I wonder how much "patina" can you stand?
 
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Quite a larg stain under the minute subdial, issues with this watch are adding up

Crown is not original btw...
Yes I wondered about that. I had a, 32 tooth, service crown on my 105.012-65? The original was a 24 tooth crown, which is what I have on my watch now.
 
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Original pushers, wrong crown, pretty nice 321 ( 😀 ), Don (very tired, but why not...), very correct case, nice back, Amstrong reference! Looks like a very correct deal.
The "only" (and major) problem is the dial/hands quality. You need to look it in your hand, and see if you can live with it, relumed or not. Index are washed, for sure. With no pb on the dial, which is impossible to see on this pic, I could pull the trigger for a first 321.
 
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Honestly, I would say it is fairly priced for what it is. I know we all like to reference the 101 values but if you look online or anywhere else at watches that are actually for sale- they are VERY conservative. Unless you have connections en mass it can be hard to find deals that are in line with these. Especially based on geography, tariffs, tax, auction fees, etc. The average sold price for a 105.012-65 on everywatch over last 2 yrs is 11k usd- with the avg auction price 7k. Now that's taking in all comers, and it's a continuum of originality, condition, etc, but it's def a good bit higher than the 101 numbers- there's just not that many very good+ examples for sale.
As well, I absolutely have the utmost respect for Spacefruit and have learned a metric TON from him. But... from personal experience, he wouldn't sell at those prices from his own collection, even when self labeled the condition of the watch.

If you are looking for a very wearable, classic, all original (if you swap crowns) example of arguably the most famous Speedmaster model ever produced- you are at least getting a fair deal at that price IMO. Cheers
 
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It would also be a pass for me mainly because of its condition. I think you can do better in the used market with that money.