Sleeper 321 Speedy on eBay

Posts
2,315
Likes
5,697
My guess would be that this is a 145.022-68 based on the hands. It looks like they came with the watch.
It could actually be one of 3 different references and could have one of 2 different movements.
This is either a 145.012-67 (Cal 321), a 145.012-68 (Cal 321), or a 145.022-68 (Cal 861).
All three references (starting from a 145.012-67 from the 2nd quarter of 1968) look exactly alike from the “outside”
Most likely this is a 145.012-67 (the most common reference out of the 3) but at this point in time, it is safe to say that no one actually knows (including the seller) because if they would have had this watch opened, they would have realized it was not battery operated...
Buyer took a safe bet at $5,500. Can’t lose either way.
Seller is happy that a watch that obviously didn’t cost or mean to them all that much has miraculously turned into $5,500 overnight.
Everyone walks away happy!
Edited:
 
Posts
1,521
Likes
4,781
It could actually be one of 3 different references and could have one of 2 different movements.
This is either a 145.012-67 (Cal 321), a 145.012-68 (Cal 321), or a 145.022-68 (Cal 861).
All three references (starting from a 145.012-67 from the 2nd quarter of 1968) look exactly alike from the “outside”
Most likely this is a 145.012-67 (the most common reference out of the 3) but at this point in time, it is safe to say that no one actually knows (including the seller) because if they would have had this watch opened, they would have realized it was not battery operated...

Or it could be a Tissot or Lemania caliber and the seller’s naivety could be false and they know the watch is wrong.
Laugh? I have seen it happen on a few occasions.
 
Posts
2,315
Likes
5,697
Or it could be a Tissot or Lemania caliber and the seller’s naivety could be false and they know the watch is wrong.
Laugh? I have seen it happen on a few occasions.
Even if that’s the case, still a safe bet at that price either way.
Even sans movement, the value of the rest of the parts exceeds $5,500
 
Posts
10,440
Likes
16,324
Or it could be a Tissot or Lemania caliber and the seller’s naivety could be false and they know the watch is wrong.
Laugh? I have seen it happen on a few occasions.
Yikes. Good point. Ethics aside for a minute, what if it really does need a battery! Forcing a return could be interesting if it’s quartz powered lol.
 
Posts
317
Likes
278
It could actually be one of 3 different references and could have one of 2 different movements.
This is either a 145.012-67 (Cal 321), a 145.012-68 (Cal 321), or a 145.022-68 (Cal 861).
All three references (starting from a 145.012-67 from the 2nd quarter of 1968) look exactly alike from the “outside”
Most likely this is a 145.012-67 (the most common reference out of the 3) but at this point in time, it is safe to say that no one actually knows (including the seller) because if they would have had this watch opened, they would have realized it was not battery operated...
Buyer took a safe bet at $5,500. Can’t lose either way.
Seller is happy that a watch that obviously didn’t cost or mean to them that much has miraculously turned into $5,500 overnight.
Everyone walks away happy!
Ah, the was new to me that the chrono started with this before the 145.022, thanks
 
Posts
2,598
Likes
5,660
I was a bidder on that and got the email when my bid was cancelled. Knowing what likely happened I went to find the sellers new listings and the buy-it-now popped up. I had it in my mind to buy if it was sub 5k. It wasn’t. It sold within 10-20 seconds
 
Posts
2,315
Likes
5,697
I was a bidder on that and got the email when my bid was cancelled. Knowing what likely happened I went to find the sellers new listings and the buy-it-now popped up. I had it in my mind to buy if it was sub 5k. It wasn’t. It sold within 10-20 seconds
If that’s the case then you tripped over Dollars busy trying to pick up Pennies...
 
Posts
2,598
Likes
5,660
If that’s the case then you tripped over Dollars busy trying to pick up Pennies...
Well I’d have been hit by import duties into Europe so it would have been closer to $7k, and I wasn’t expecting it at all and I’d kind of forgotten exactly what the watch was. Ten seconds wasn’t enough to re-evaluate it. There’s always another.
 
Posts
2,315
Likes
5,697
Well I’d have been hit by import duties into Europe so it would have been closer to $7k, and I wasn’t expecting it at all and I’d kind of forgotten exactly what the watch was. Ten seconds wasn’t enough to re-evaluate it. There’s always another.
So if the watch was $500.01 less you would have clicked that buy it now? (You said you would have pulled the trigger had it been priced under 5K...).
And then what? It would have cost you $6,500 after duties instead of $7,000? It’s all same same.
Trust me, $500 was not the deal breaker here as there were still a good $2,000 (at least) left on the table even after all of that was said and done.
 
Posts
2,598
Likes
5,660
So if the watch was $500.01 less you would have clicked that buy it now? (You said you would have pulled the trigger had it been priced under 5K...).
And then what? It would have cost you $6,500 after duties instead of $7,000? It’s all same same.
Trust me, $500 was not the deal breaker here as there were still a good $2,000 (at least) left on the table even after all of that was said and done.

You may well be right but I set a quick limit in the minute or so I had, then when the BIN appeared at 5.5k I had less than 10 seconds to re-evaluate. Another will turn up.
 
Posts
1,521
Likes
4,781
Yikes. Good point. Ethics aside for a minute, what if it really does need a battery! Forcing a return could be interesting if it’s quartz powered lol.

I remember about 15 years ago a lovely old guy called me to sell the GMT he had owned for 40 years, he was about 80 years old and said he had been offered £7000 from a local jewellers.

Like the diamond dealer from the film Snatch, I drove the 80 miles to see the watch like a rat up a drain pipe, all the while I was getting excited wondering if it was a 6542 or a 1675.

When I got there it was a flooded fake quartz GMT that had turned green on the case and bracelet.
I still laugh about it now. The old bugger still palmed me off with a knackered pellet gun, a fake railway sign and a replica pickelhaube.
 
Posts
1,521
Likes
4,781
You made me Google “Pickelhaube”.
Smarter now. Thanks! 👍

My mates still take the p#ss out of me for that one.
 
Posts
102
Likes
57
In my opinion, (and I really don’t want to steer this thread into a whole “Ethics debate”) it was not your duty or place to have any discussion with the seller after the sale to let them know that they might have sold the watch for a cheaper price than they could have gotten had they left it up for auction.
Obviously, they were fine and happy with their decision to sell the watch at the price that they were offered.
With 437 feedbacks on eBay, they are obviously no “Internet newbies” and in this day and age (we’re a few days from 2020) to not be able to at least google the fact that this is not a battery operated watch, they deserved every penny that they got, and did not deserve each and every penny they didn’t... #crymeariver #noneedforheroes

So the uneducated and "honest mistake" sellers deserve to be lowballed? I find it predatory to take advantage just to get a deal. There was an auction going on, it would likely have ended higher, but someone convinced the seller to end it 24 hours early basically by lying. That's a lot different than winning an open auction or finding a $20 Speedy at a junk sale.
 
Posts
10,440
Likes
16,324
So the uneducated and "honest mistake" sellers deserve to be lowballed? I find it predatory to take advantage just to get a deal. There was an auction going on, it would likely have ended higher, but someone convinced the seller to end it 24 hours early basically by lying. That's a lot different than winning an open auction or finding a $20 Speedy at a junk sale.
Not to mention pulling the rug from under the other legitimate bidders who are playing by the rules. Maybe some can justify it on an 'alls fair in love and war' basis, but I don't like it, I don't do it and I think less of those that do.
 
Posts
1,072
Likes
1,482
So the uneducated and "honest mistake" sellers deserve to be lowballed? I find it predatory to take advantage just to get a deal. There was an auction going on, it would likely have ended higher, but someone convinced the seller to end it 24 hours early basically by lying. That's a lot different than winning an open auction or finding a $20 Speedy at a junk sale.

The uneducated on ebay absolutely deserve what they get. And there a lot more uneducated buyers who pay too much than uneducated sellers who get to little. I can muster very little sympathy for either.
 
Posts
2,205
Likes
7,267
What's the difference between knowingly snatching an £8k watch, for £5k ... or charging and old biddy £2000 to fix her roof, when it's only a £750 job....

You can't really sugar coat either i.m.o
 
Posts
1,521
Likes
4,781
Unfortunately eBay is like a bait ball, you have to be either a sailfish or a shark, bargains are hard to find if you are not on there for many hours. You can bet your life this seller got many more low ball offers making the higher offer seem generous.
The good flounder looks up waiting but rarely gets a chance these days.
Does anyone think the seller of this watch is going to find the person who sold it to them and give them more money because they didn’t pay them enough? I doubt it.
 
Posts
319
Likes
557
My guess would be that this is a 145.022-68 based on the hands. It looks like they came with the watch. But it also look like a bit of chrono creep.
I think it was still a bit of a risk for the buyer if the assumption was that this was a 321 mvt watch. Chances are just as great that this is a 145.022-68 with an 861, particularly with an 1175 bracelet if that was the original. Also the greenish corrosion around the pushers may indicate a very complete service is needed. They may have thought it needed a battery because they couldn't get it to run by winding. Not sure it was much of a bargain.
 
Posts
291
Likes
1,107
So the uneducated and "honest mistake" sellers deserve to be lowballed? I find it predatory to take advantage just to get a deal. There was an auction going on, it would likely have ended higher, but someone convinced the seller to end it 24 hours early basically by lying. That's a lot different than winning an open auction or finding a $20 Speedy at a junk sale.

Using the power of free will, the seller chose to end the auction process early—even though there were people who’d already placed earnest bids. To me, that doesn’t seem like very “honest” behavior by the seller.

At the end of the day, the seller was a willing participant in this—ether through ignorance or greed. As a seller of any type of goods, you have an obligation to understand what you’re selling (value, condition, capability) and be able to accurately describe the item.