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Spacefruit
· ·Prolific Speedmaster HoarderWatches of Knightsbridge had this sole Speedmaster offering on 18th November.
It is a later 145.022-69 with the 220 bezel. While sellers will often tout this as added value, it seems the market only adds value if the condition is fine. In this case it’s not fine enough for the 220 to come into play for the value. I could be wrong on that as the price exceeded my expectations.
The final bid was £4,200. If we add 26.4% we get £5308 or approximately $6,675.
The condition of the dial is shown quite well in these focused photos. The character of the dial is harder to divine as it is a light box photo, perhaps manipulated and so I find it hard. The dial is correct, being stepped.
The body of the dial (the thing I find hardest to judge) appears black, and without serious damage, or blotches. Unfortunately this kind of photo can disguise these, but I will assume it’s solid. The print is intact. The markers are poorly covered and missing tritium all over.
The bezel is the 220 misprint, and in fair condition. it falls into the correct serial range. It is quite heavily damaged.
The case shows signs of polishing and has lost some definition. This is more obvious on the case back, check the slots. I don’t like the case condition and I would allocate Fair.
we don’t get to see the movement, and the full number is withheld. It is confirmed with extract of the archives which adds to the value for me.
The chrono hand has been replaced, and this is evidenced by the different colour and condition.
the bracelet is 1171 but we don’t get to see which one, but at least it looks like an older one.
There is an archive and box.
so my thinking goes like this:
Dial: Good
Bezel: Fair
Case: Fair
Movement: Very Good (Guess - most likely)
Hands/pushers/crown/crystal : Good
I would reckon the head only at Fair - Good.
We have to add value for the bracelet, the extract and the box.
my chart calls the value at Fair $2500 and Good $4200. I could add perhaps $800-1000 for the accessories.
The watch sold for $6675, or approximately $1475 over what my chart suggests, using upper valuation of $4,200+1,000 (I am being generous and going with Good)
it could be that I am incorrect in my assumption the 220 bezel does not make a substantial impact on value.
This means in this case the chart has not reflected the market, and may need adjusting upward, as the chart is meant to be a reflection of the market, not a dictator.
I could also be wrong in my assessment, and this in hand warrants a Good - Very Good grading.
Another factor will be that there are very few Speedmasters available right now, at this level.
finally, I think I will have to re think the Fair grade values. I don’t see anything available for $2500, but I have been offered some Fair condition watches for 3,000 that I refused as they were just never going to be attractive. This lower area is very tough.
It is a later 145.022-69 with the 220 bezel. While sellers will often tout this as added value, it seems the market only adds value if the condition is fine. In this case it’s not fine enough for the 220 to come into play for the value. I could be wrong on that as the price exceeded my expectations.
The final bid was £4,200. If we add 26.4% we get £5308 or approximately $6,675.
The condition of the dial is shown quite well in these focused photos. The character of the dial is harder to divine as it is a light box photo, perhaps manipulated and so I find it hard. The dial is correct, being stepped.
The body of the dial (the thing I find hardest to judge) appears black, and without serious damage, or blotches. Unfortunately this kind of photo can disguise these, but I will assume it’s solid. The print is intact. The markers are poorly covered and missing tritium all over.
The bezel is the 220 misprint, and in fair condition. it falls into the correct serial range. It is quite heavily damaged.
The case shows signs of polishing and has lost some definition. This is more obvious on the case back, check the slots. I don’t like the case condition and I would allocate Fair.
we don’t get to see the movement, and the full number is withheld. It is confirmed with extract of the archives which adds to the value for me.
The chrono hand has been replaced, and this is evidenced by the different colour and condition.
the bracelet is 1171 but we don’t get to see which one, but at least it looks like an older one.
There is an archive and box.
so my thinking goes like this:
Dial: Good
Bezel: Fair
Case: Fair
Movement: Very Good (Guess - most likely)
Hands/pushers/crown/crystal : Good
I would reckon the head only at Fair - Good.
We have to add value for the bracelet, the extract and the box.
my chart calls the value at Fair $2500 and Good $4200. I could add perhaps $800-1000 for the accessories.
The watch sold for $6675, or approximately $1475 over what my chart suggests, using upper valuation of $4,200+1,000 (I am being generous and going with Good)
it could be that I am incorrect in my assumption the 220 bezel does not make a substantial impact on value.
This means in this case the chart has not reflected the market, and may need adjusting upward, as the chart is meant to be a reflection of the market, not a dictator.
I could also be wrong in my assessment, and this in hand warrants a Good - Very Good grading.
Another factor will be that there are very few Speedmasters available right now, at this level.
finally, I think I will have to re think the Fair grade values. I don’t see anything available for $2500, but I have been offered some Fair condition watches for 3,000 that I refused as they were just never going to be attractive. This lower area is very tough.
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