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My assessment of a 145.012-67 - feedback please

  1. Left_Hand_Time

    Left_Hand_Time Jan 14, 2020

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    Hi OF,

    I’m new getting into speedmaster collecting and recently picked up a 145.012-67, knowing it’s not in the greatest shape but at price where I felt like it could be an interesting project watch or sell for parts in the future. Either way, just taking a gamble and seeing how it plays out. I wanted to share my honest assessment of this watch and would love to hear your personal feedback on my assessment and your thoughts on it as well! Curious to hear how others view this.

    Dial
    - some corrosion on the edges of the 6 o clock subdial
    - small mark next to 40 marker on the left subdial
    - Most lume is missing from indices, what’s left is not in great shape
    My take: dial is in good shape as it’s fairly clean and attractive; the lack of lume def takes away from the quality but still looks good

    Hands
    - Chrono seconds hand is an obvious replacement as serial is well out of range of a bona fide ultraman
    - Hour and minute hands look good and original as patina is consistent
    - subdial hands seem original and in good shape
    My take: the orange hand immediately brings everything into question, so although I like the ultraman look, wish it had the original chrono hand

    Crown & Pushers
    - Crown looks original (?) and good shape
    - Pushers are not great, unclear to me if original but def needs a replacement as it’s popping out quite a bit
    My take: pushers are a big detractor from this, but can easily be replaced

    Case
    - The case is dinged up and scratched everywhere, definitely worse for the wear
    - I don’t have enough of an eye or intuition for polishing so would welcome feedback there
    My take: probably the biggest detractor of quality in this watch

    Movement
    - 321 movement with acceptable serial
    - shows corrosion as expected but not bad and in good working order
    My take: good and solid

    Bezel
    - In pretty good condition, not too many blemishes or corrosion
    My take: solid condition bezel is probably one of the best features of this watch

    Functions
    - Seems to be keeping good time
    - The winding is bad, there’s a lot of resistance and it’s hard to wind (I own a fantastic 145022-69 and that winding is butter)
    - The chrono start function requires a heavy push to work correctly - I suspect this is because the pushers need replacing
    My take: It works and will keep time well enough for daily wear; probably could use an overhaul/service

    Overall: certainly not the best example in terms of quality, especially in the details of what collectors seem to value; but at the end of the day the combination of the dial + bezel + hands make this an attractive wearer and still a good opportunity to have a bona fide 321 pre moon speedy in the collection
    3DC3EB5C-A93C-4FC2-A136-32862D180D6E.jpeg D91B4FD3-F1D6-4E9D-908F-64CDB6F0A7C6.jpeg DDAC94DA-B531-48D9-8A0F-7DA3A25FED73.jpeg 5617F18A-2FFB-4541-BADE-B42025BEFB1F.jpeg 364B2360-7963-4986-A728-D2422E242760.jpeg C5209DD4-4088-468D-ADF9-B266AAF65F08.jpeg BFBD12B6-5151-4A48-8616-7FD63F66214A.jpeg 7B98CE85-4D46-4647-A692-996D0905B5C3.jpeg B659E626-0E45-4797-928D-A5F815A1769F.jpeg 538855B9-6F8A-46EC-A65A-B27A603274AD.jpeg
     
    Badwolf and DaveK like this.
  2. BlackTalon

    BlackTalon Jan 14, 2020

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    Your assessment is very well done - congratulations!

    It looks like there is a crack on the right side of the chrono bridge; how does it look in person?

    How well you did comes down to price. But it looks like a good 321 for wearing often, and without worry.
     
    Left_Hand_Time likes this.
  3. Left_Hand_Time

    Left_Hand_Time Jan 14, 2020

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    I think the photo shows it pretty well - it’s a noticeable scratch!
     
  4. Dan S

    Dan S Jan 14, 2020

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    A couple of things to add to your analysis:

    - IMO you've underestimated the degree to which the missing lume on the dial is a major flaw.
    - I believe the crown should be a flat foot.

    Edit: This could be a candidate for a re-lume. It really wouldn't hurt the value because of the current condition, and it would make the watch more wearable. Could be a good wearer with a better chrono hand and a nice vintage-look lume on the dial. As you say, the bezel is pretty nice, and the case faces up ok. The worst damage is on the back side.
     
    Edited Jan 15, 2020
    Left_Hand_Time likes this.
  5. Left_Hand_Time

    Left_Hand_Time Jan 15, 2020

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    Thanks! Yeah I agree - thinking about reaching out to LA Watch Works, they could probably work some magic on this one!
     
    Dan S likes this.
  6. Dan S

    Dan S Jan 15, 2020

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    Hmmm, that reminds me. They have had two of my watches since June with no updates ...
     
    KingCrouchy likes this.
  7. bardamu

    bardamu Jan 15, 2020

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    Nothing to add to your assessment, it is really well done, congrats on that and on the watch, that's a charming catch.
     
    Left_Hand_Time and zhaodan920 like this.
  8. Luca.P

    Luca.P Jan 15, 2020

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    I know this watch isn‘t what people here would call „collectors-grade“ but I find it absolutely gorgeous. The slightly faded bezel is really nice and I can also appreciate some wear on the case - shows the watch was used as it was intended.
    Congrats on your find!
     
  9. Left_Hand_Time

    Left_Hand_Time Jan 15, 2020

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    Anybody got any other recommendations for a shop that could do a good job with a vintage relume on this particular dial?
     
  10. rob#1

    rob#1 Jan 15, 2020

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    Solid assessment :thumbsup:. I like the look of this Speedmaster, dings, scratches, lost lume and all. I’d personally have it serviced, swap out the Chrono seconds hand (and pushers/crown if required) but otherwise leave it as it is as it’s got great character, and some stories to tell.

    Or you could leave the orange hand in place as a talking point...
     
    Left_Hand_Time likes this.
  11. pablosimon2000

    pablosimon2000 Jan 16, 2020

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    I am new to vintage, but it looks like an honest piece, with some damages of correct use but obviously for many many years!! I would do a fast service and maybe change pushers and seconds hand
     
  12. BlackTalon

    BlackTalon Jan 16, 2020

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    What is a 'fast service'?