Dan S
·The dial surface looks quite good, the lume on dial and in the hands is a bit moldy obviously. It may continue to darken.
Oh, and fabulous job on the clean-up so far. If you haven’t tried wet- sanding the crystal to knock out the deeper scratches, it’s worth doing as long as you don’t get it hill-and-dale and it doesn’t get too thin. New crystals aren’t crazy expensive and makes a world of difference.
Plus pulling the crystal is the only way you are going to get this funky shit out.
So $2900 is too much to pay in this condition?
When looking at a Speedmaster in this condition, we have to be realistic about what it actually is. It is an ugly duckling that is never going to be a swan.
We can safely say this Watch will never be a fine example and therefore if you come to sell it, you have to find somebody else aspiring a Speedmaster but willing to sacrifice quality for price.
Today there are far fewer people willing to buy a Speedmaster at this level, because we have lost the speculative buyer hoping to make a quick profit. Any Speedmaster changing hands has to be attractive for one reason or another. In my opinion, this Speedmaster is only attractive if the price is very low.
Only you, the man with dollars in his pocket, can decide whether or not the price is low enough. We can all have an opinion, but unless we are actually going to dip our hands in our pockets and pay, that opinion is without foundation. If you showed me this watch I personally would be unlikely to pay $2900 for it because it is an uninteresting reference, or an earlier reference with the wrong dial. To make that Watch attractive to me it would have to be cheaper.
But remember, I am an old dog, who has had many years of owning inexpensive Speedmaster’s and I also have one or two in the cupboard (that is wear frequently and enjoy), so I have my cheap speedy fix. If I was looking for one, and this one came to me, I would not feel bad about paying $2900. Let me put it another way: I am not looking for a Speedmaster in this range, but if I was this would definitely be under consideration and within budget.
I have observed a couple of things in the last few months in the Speedmaster market. First, watches of this condition and quality are trading much lower than a few years ago. By much lower, I mean $2500-3500. Secondly, I am seeing straight lugs and higher value Speedmasters changing hands more easily now, and while the overall prices are down, activity and number of sales is up.
Sorry, this turned into a longer post than I intended. But if you skipped to just this sentence, buy it for 2900 and you won’t lose too much money but you will have a lot of fun with the watch, and let’s face it that’s what it’s about. If you are buying for profit - well, surprise me.
When looking at a Speedmaster in this condition, we have to be realistic about what it actually is. It is an ugly duckling that is never going to be a swan.
We can safely say this Watch will never be a fine example and therefore if you come to sell it, you have to find somebody else aspiring a Speedmaster but willing to sacrifice quality for price.
Today there are far fewer people willing to buy a Speedmaster at this level, because we have lost the speculative buyer hoping to make a quick profit. Any Speedmaster changing hands has to be attractive for one reason or another. In my opinion, this Speedmaster is only attractive if the price is very low.
Only you, the man with dollars in his pocket, can decide whether or not the price is low enough. We can all have an opinion, but unless we are actually going to dip our hands in our pockets and pay, that opinion is without foundation. If you showed me this watch I personally would be unlikely to pay $2900 for it because it is an uninteresting reference, or an earlier reference with the wrong dial. To make that Watch attractive to me it would have to be cheaper.
But remember, I am an old dog, who has had many years of owning inexpensive Speedmaster’s and I also have one or two in the cupboard (that is wear frequently and enjoy), so I have my cheap speedy fix. If I was looking for one, and this one came to me, I would not feel bad about paying $2900. Let me put it another way: I am not looking for a Speedmaster in this range, but if I was this would definitely be under consideration and within budget.
I have observed a couple of things in the last few months in the Speedmaster market. First, watches of this condition and quality are trading much lower than a few years ago. By much lower, I mean $2500-3500. Secondly, I am seeing straight lugs and higher value Speedmasters changing hands more easily now, and while the overall prices are down, activity and number of sales is up.
Sorry, this turned into a longer post than I intended. But if you skipped to just this sentence, buy it for 2900 and you won’t lose too much money but you will have a lot of fun with the watch, and let’s face it that’s what it’s about. If you are buying for profit - well, surprise me.
Great assessment as always... but I would add - the OP only paid $2,000 for the watch. Seems more than fair for an honest, correct watch with somewhat unattractive lume?
I must have missed that. For me at that leave it’s very attractive