[speedmaster n00b pondering]

I noticed the speedmaster101 price chart update for May wherein the 145.012 made a small jump and gained a bit of terrain on its predecessor the 105.012, but still at considerable distance and much closer to the 145.022 pre moons.

This certainly is no criticism to the chart, because that one is backed up by actual sales, but it surprises me that the 145.012 is closer to the 861 successors than to its 321 daddy the 105.012.

I find it moreso surprising when you look at the 145.012 parts, which fetch crazy money.

If I look at my 145.012, which I'd say is pretty good. Decent case, good dial with some lume loss on the 3 marker and a pretty damn good DO90 bezel. The movement is terrific and freshly serviced and comes with an extract of the archives.

If I was going to put the watch up the block for sale (which I'm not!), I'd dare ask 7500 (euro's or dollars) for it. But if I'd look at the parts and add them up (based on recent sales, but conservatively priced here) I come to the conclusion that the whole is quite a bit lesser than the sum of its parts

[Note: watch is NFS, not as a whole and not in parts]



This begs the question, is this discrepancy unique to the 145.012? I have a feeling that the discrepancy between the whole vs the parts isn't as big with a 105.012-66 or a 145.022 pre moon, or am I mistaken?

And is the 145.012 perhaps 'undervalued'? 'Undervalued' is perhaps a bit of a cynical term here, when you one looks at the obscene prices.

[/speedmaster n00b pondering]

 

Great thread. I think a portion of this discrepancy is related to the fact that most of the 145.012 parts can be used for older ( move valuable) Speedie projects.

DON: from 2998-3
Hands: Hour, Minute: from 105.002-62
Hands: Chrono: from 2998-5
Midcase: from 105.012
Dial: 105.012-65, 66
Movement: Many 67s have a 2607xxxx movement. To the uninformed, this would be acceptable on a 105003-65 EW

 

IMO this is spot on.

 

Ah, an organ donor worth more dead than alive.

 

Hi

But not for much longer IMHO....these things rarely do ! Just need to wait for the part Sellers to be cleared out....and all the time your Watch becomes more uncommon

Best - Neil

 

I'm keeping it alive!

 

And you forgot your "very collectible" flat foot crown. Dates back to the 2915s. $500

 

Didn't forget that one... Haven't got one

 

Love this post, was thinking of starting a similar topic but I am not an expert so i didn't.

I think 145.012 are very undervalued. if you look at the pricing of 105.012 -> 145.012 -> 145.022 it doesn't seem to make sense given the 145.012 has a 321 movement. I mentioned this phenomenon in my sales ad for a 145.012 recently in a shameless ploy to drum up business. I never thought about how, these can be scavenged for parts for earlier references. That will end up driving up the price as less whole pieces will be on the market.

 

Very interesting...if you take your numbers, and add a bit of premium on my 145.012-67 (on the left) because of conditon and factor in a perfect 1039 with zero stretch, full links, and 516s, the number is quite silly.

 

I've actually managed to add a stretchless and fully linked 1039 on 516's to my watch.

I'm virtually rich!

 

Aloha Bart!
Specifically: first of all I would rate your Speedy overall rather a bit farther away from good and closer to what Collectors grade could mean, on top of that it's way over average attractive. I wouldn't bother to go close to 9 if it was on offer, Today. A quite close "Tomorrow" would proof me right to pay that price. I recently aquired a perfect, breathtaking, outstanding 145.012 for just a bit above 10k $ without hesitating a single minute. Because it was worth it. Period.

General: The discrepancy between 105. and 145. in the - let me rephrase it a bit to "(outstanding&)collectible" category - is only around 2k $ which is quite close considering the total price.
I am quite sure that this gap will get wider in the future ( availability of fine pieces, production numbers, "historical" bonus for the 105.012 etc.) but likeweise the gap between 144.022s and 145.012s, for all the reasons mentioned in above posts. The current "undervaluation" comes probably from very steep 145.022 prices I observed which obscures the picture a bit. But that will settle, at least in terms of value difference between a 145.012 and the .022s.

Meanwhile, enjoy your cheap crappy watch and..keep it

 

@mr_yossarian nice post & will do

 

$10k with a bracelet?

 

..yes, 1039 and a full STS service & Archive extract, neat oiginal box, reputable seller..but it'sactually most about the excellent watch itself.

 

So basically a 145.12 is identical to a 105.12? Just a different number and caseback?

 

Sounds like you got a collector to a collector deal, that is awesome .

I have a standing offer on mine that is very attractive, but I am planning on holding...would be silly not to at this stage.

 

Yes, pushers may be a bit different and the later 145.012 had a flat sweep hand like mine.

 

not quite. start with the observation of the chrono buttons..but besides that, a 105.012-66 and a 145.012 are damned close

 

Yepp, and it was through and through the right decision, I was not even thinking about negotiating the price.