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Looking for realistic guide to the value of this 1966 Speedmaster 105 003-65
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Spacefruit
··Prolific Speedmaster HoarderIf it keeps time and you are intent on selling it, I wouldn't bother with a service. IMHO, keep it as you may regret selling it later... But £15k is very useful! Even if you buy a brand new one to match and pocket the rest. Think of it as recycling.
Just for me: Who suggested a price of US $20k?
Edit: Now, that's me... I wanted to know who mentioned the $20k, but obviously the post was deleted or edited. After having read the answers I forgot to mention that I really like this watch. And I wouldn't sell it if it was an heritage from my father, unless I needed to...
Here is the first mention of the money
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OMEGuy
·Here is the first mention of the money
I thought @Socks was referring to something.
You mentioned it in your own post:
The dial and bezel are not the most attractive, and so it will be hard to get a high price like the 15,000 sterling / nearly $20,000) suggested above.
The OP didn't tell any price range, so I wondered where this came from.
After all, it's not important, since the realistic price level has been pointed out by you.
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Callaway
·This is an interesting watch, being from a family ownership. And like everything, its only interesting at the right price.
The dial and bezel are not the most attractive, and so it will be hard to get a high price like the 15,000 sterling / nearly $20,000) suggested above.
The dial is hard to judge in the photos, and it might be better in real life, in which case my estimate below will be more. However as it stands I see thin, greenish plots and a dial with a mark on it. If the mark can be removed, the plots better in real life, and the dial looks attractive in real life, then the value will be more.
This is exactly the kind of watch that non-buyers will place an overly optimistic price on, potentially leaving the seller disappointed by any genuine and realistic offers that might come their way.
What this watch has going for it is that it looks correct, original and has the history. Once it is serviced and cleaned it will lose a little of that visual confirmation, though it will look nicer.
Selling a watch like this has become harder for an outsider/inheritor. The big auctions have got quite snobby about which watches to take. Ebay has become much less interesting as taxes on private sales is introduced in USA and across borders - let alone problems of payment for $5,000+.
Some of the second tier auctions might be quite good for this. Fellows, WOK, Bonhams, maybe Antiquorum.
Some direct advice to the owner:
You do not say which country you are in, so I am thinking you are in UK or USA.
Do not service it, as that will lower the value. Or at the very least you reduce the number of people interested in it.
Go and talk to the auction houses, (or send an email) and they will advise you. Once you have a price from them, you can then review the private offers you receive and balance the advantages of selling privately, (more money, quicker payment) against the security and excitement of an auction.
What you have here is not a diamond in the rough. It is (as you point out) a worn and tired example of a desirable Speedmaster in original condition. It has some quality issues with the bezel and dial and so at auction I would expect it to sell for between USD$ 7,000 and 12,000. Plus fees, but you will get the figures I quote, the Auctions will get 20 - 25% on top.
So much uncertainty in those photos, too much to give a more accurate assessment.
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Socks
·My referral to a sum was more to do with the attractiveness of a nominally large lump of cash to go towards say, a new kitchen! To many, selling an heirloom that you have no attachment to is an easy decision. Especially when you (maybe in this case) never wear a watch! I think some members on here do not appreciate that to a lot of people, £10k is a serious amount of money.
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OMEGuy
·My referral to a sum was more to do with the attractiveness of a nominally large lump of cash to go towards say, a new kitchen! To many, selling an heirloom that you have no attachment to is an easy decision. Especially when you (maybe in this case) never wear a watch! I think some members on here do not appreciate that to a lot of people, £10k is a serious amount of money.
True. There are big differences in the perception of watch prices. I am one of those who are gradually losing the joy of collecting at this recent level, at least when it comes to new purchases.
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Rik7775
·I would really, really consider not to sell this watch.
You will never get that much honesty and history again.
If I could turn back the time regarding my mistakes, this would be a keeper, definitely.
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STANDY
··schizophrenic pizza orderer and watch collectorI’m starting to think that maybe I should keep it, thought if it was worth £10,000, I’d be tempted to sell as do have a big mortgage to pay off!
Just keep it for 10 years and you might pay more of your mortgage off, prices aren’t going down. 😗
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Larry S
··Color Commentator for the Hyperbole.My referral to a sum was more to do with the attractiveness of a nominally large lump of cash to go towards say, a new kitchen! To many, selling an heirloom that you have no attachment to is an easy decision. Especially when you (maybe in this case) never wear a watch! I think some members on here do not appreciate that to a lot of people, £10k is a serious amount of money.
