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n85ae
·I would need to see better photos, but it looks like a lot of the lume on the dial has been lost
Speedmaster Professional Selling Question
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Davidt
·If you’re selling, do nothing. If you try and restore it, 1, at best you’ll likely only increase the value by the amount you spend, not including the time and effort you put in, and 2, as an inexperienced watch collector, there’s a reasonable chance you would get some details wrong or not get it done by quality watchmakers who understand vintage and decrease the value (or at least increase it by significantly less than you spend).
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Dan S
·Fair point and looking at it in person it obviously has deteriorating lume. Now that I see it, I can appreciate that would need to be fixed. The bracelet I have is a 1039, and the end links are 516. So if I am correct, to restore it I would need to: Put bracelet and end links back on, restore the lume, restore the original hands, and replace the bezel? So to the earlier points, this watch could either be restored, or sold as essentially a collection of parts for use in other restorations?
And also, very few people can restore lume on the dial in a way that it doesn't look like crap.
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Canuck
·Almost anything is worth more to the owner than it might be to anyone else. So you are pretty much at the mercy of the market, and what a buyer might be prepared to pay.
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n85ae
·Almost anything is worth more to the owner than it might be to anyone else. So you are pretty much at the mercy of the market, and what a buyer might be prepared to pay.
"There's a sucker born every minute" - PT Barnum
Someplace between your comment, and this quote is reality. I just want to make sure I find a reasonable place in the middle.
Jeff
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Dan S
·As you probably know, this site is literally teeming with people looking to buy vintage Speemasters, including an enormous silent population of people that never post, but are reading along. You've made your intent to sell clear, so if people are interested, you have probably been getting offers by PM. Some may be low-ball offers, but it may give you a sense of what people are willing to pay. If you are not getting many offers, that may also tell you something.
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n85ae
·As you probably know, this site is literally teeming with people looking to buy vintage Speemasters, including an enormous silent population of people that never post, but are reading along. You've made your intent to sell clear, so if people are interested, you have probably been getting offers by PM. Some may be low-ball offers, but it may give you a sense of what people are willing to pay. If you are not getting many offers, that may also tell you something.
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Dan S
·Reading through the thread, it appears that I gave you a lot of accurate and helpful information. I identified the incorrect replacement hands for you, mentioned the missing lume on the dial and explained the importance of that for valuation, described two methods to perform a valuation on a project watch like this, gave you a rough valuation, and some suggestions about how to sell it. Apparently, you didn't like what you heard, and decided to shoot the messenger, which happens a lot. You probably hoped you had a treasure.
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n85ae
·Every forum has a troll.
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ErichKeane
·
Seemingly its you today? Dan has been incredibly honest and helpful with you. Just because you don't like what he's telling you, doesn't mean he's being a troll.
In reality: ONCE a watch has parts changed from originals, it loses its 'collector' value. So the original parts still have their 'strip it down and sell it for parts' value, but the watch is rarely worth the sum of its parts.
WHICH means, all it has going for it is its functional value. At that point, why would someone want THIS watch (old, in rougher shape, etc) than a brand new one for $8000? OR a ~4 year old, still basically new one for ~$5000? Or a ~10 year old, also basically perfect-shape and fully original for ~$4000?
So yeah, Dan is being very helpful for you.
Your best bet for getting max value is actually going to be an Ebay auction. It has the most people looking, low buyer's premium (IMO, unless a non ebay auction is VERY specialized/well advertised you're going to do poorly value wise), the best opportunity for suckers(that is, folks who won't recognize that it was not a correct watch!), and the opportunity for folks to get caught up in bidding.
In reality: ONCE a watch has parts changed from originals, it loses its 'collector' value. So the original parts still have their 'strip it down and sell it for parts' value, but the watch is rarely worth the sum of its parts.
WHICH means, all it has going for it is its functional value. At that point, why would someone want THIS watch (old, in rougher shape, etc) than a brand new one for $8000? OR a ~4 year old, still basically new one for ~$5000? Or a ~10 year old, also basically perfect-shape and fully original for ~$4000?
So yeah, Dan is being very helpful for you.
Your best bet for getting max value is actually going to be an Ebay auction. It has the most people looking, low buyer's premium (IMO, unless a non ebay auction is VERY specialized/well advertised you're going to do poorly value wise), the best opportunity for suckers(that is, folks who won't recognize that it was not a correct watch!), and the opportunity for folks to get caught up in bidding.
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n85ae
·The watch is not yet for sale, I am simply educating myself about selling it. I suggest anybody that thinks I'm arguing, reread every single comment I have made in this entire thread. Dan turned it into an argument all by himself, by assuming things I didn't say. My comment about "suckers" had to do with me being taken advantage of by an educated buyer, when I am not an educated seller.
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big case
·The watch is not yet for sale, I am simply educating myself about selling it. I suggest anybody that thinks I'm arguing, reread every single comment I have made in this entire thread. Dan turned it into an argument all by himself, by assuming things I didn't say. My comment about "suckers" had to do with me being taken advantage of by an educated buyer, when I am not an educated seller.
i regret, that other people will have less help in the future
because of inappropriate behavior from a few people
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hansaboy
·@n85ae , here is some info that you could read....
https://speedmaster101.com/blog/why-dont-we-want-service-parts-a-quick-guide-for-a-newcomer/
https://speedmaster101.com/blog/why-dont-we-want-service-parts-a-quick-guide-for-a-newcomer/
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Tu13alcane
·The watch is not yet for sale, I am simply educating myself about selling it. I suggest anybody that thinks I'm arguing, reread every single comment I have made in this entire thread. Dan turned it into an argument all by himself, by assuming things I didn't say. My comment about "suckers" had to do with me being taken advantage of by an educated buyer, when I am not an educated seller.
@Dan S has as usual given you the benefit of his vast knowledge of the subject and no one is going to disagree with his crtique of the watch. I will put in my two pennies worth in regard to selling it even though i have already.
IMHO To a collector the watch is literally a no go it would cost more than its worth to source the parts to get it back to original.
when you go to sell and i really do reccomend Ebay. Be as honest as you can using Dan S list and take good pictures under natural light.
Do the auction as a 10 day and start tye auction with a low starting point to get interest. Your not going to be able to retire from the sale but hopefully you will get a buyer who has always wanted a birthyear omega speedmaster and just does not care that parts are modern replacements.
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Porteroso
·
There is nothing snarky at all about this post. The fact that you projected snarkiness into it tells me this thread was what it seems. Thinly veiled sales pitch. You've made your pitch, people have seen the watch.
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mjb
·Wow. I am truly offended by the responses of the OP. Some very helpful advice was offered, and to act like that is not worth of a participant of this forum.
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