Thoughts on this Seamaster “Fake Jedi” 176.005

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Having only owned Seamaster 600s, geneves and the like, I would really appreciate your advice when taking a step up:

I have been offered this ref. 176.005, the so-called Jedi (EDIT: I have been made aware that this model is often incorrectly referred to as Jedi - count this as one of those times). I have had the watch in hand and the seller is a great guy but I have asked for a day to think about the purchase.

What I know: The finish on the case has been restored by a watchmaker and the dial, bezel and crystal are nos original replacements. It holds a caliber 1040 which is freshly serviced.

Being offered at 1.200 euro, my personal opinion is that it is a quite fair price for a watch that has been tastefully restored and the fresh service (which of course isn’t cheap on chronographs) makes it a good buy. What do you think?

Thanks
Edited:
 
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I have to be honest, it's been a while since I kept up with those. Be patient, someone will be along who can help.
 
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I have to be honest, it's been a while since I kept up with those. Be patient, someone will be along who can help.
I appreciate the honesty.
 
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Well, this is a very nice reference. I am a lucky owner of a very nicely preserved example.
to be honest, looking at the pictures, it seems like the work that has been done on the case is not the best one, they changed the shape… here is a detail of mine:

 
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I think it’s a fair price considering it has been serviced (assuming it was done by a reputable watchmaker). As others have noted, the case polishing has ruined the shape and brushing, but the price is low enough to reflect this. If you want one to wear and enjoy, it looks like a bargain. If you want one in “collector” grade, then you should wait for one with a better case.

Personally, I’d buy it and wear the h*** out of it.
 
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I think it’s a fair price considering it has been serviced (assuming it was done by a reputable watchmaker). As others have noted, the case polishing has ruined the shape and brushing, but the price is low enough to reflect this. If you want one to wear and enjoy, it looks like a bargain. If you want one in “collector” grade, then you should wait for one with a better case.

Personally, I’d buy it and wear the h*** out of it.
Thanks! I am not looking for collector grade but for a watch that I can wear to find out if this shape/size is for me. Therefore my main concern is that I would like to get my money back if I decide that it is too big for my taste. Judging from your comment it sounds like I wouldn't have a problem getting my funds back in that case.
 
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Thanks! I am not looking for collector grade but for a watch that I can wear to find out if this shape/size is for me. Therefore my main concern is that I would like to get my money back if I decide that it is too big for my taste. Judging from your comment it sounds like I wouldn't have a problem getting my funds back in that case.
If you want to get your money back, I would suggest to skip this one.
 
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A correct name would be "TV" instead of Jedi. It seems a lot of 1040 Seamasters are called "Jedi" nowadays. I even saw it on 176.001/7...

If it can help regarding the size: 41.9mm wide, 49.1mm long, 15.7mm thick.

The case was heavily polished as stated above but the rest seems correct and in good shape. 1200€ is more than fair even with this case.
The rest is up to your taste
 
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If you want to get your money back, I would suggest to skip this one.

I agree with this. If you want this style of watch, it’s a good deal. But if you are buying to try out and hope to get your money back if you don’t, you will likely be disappointed. Don’t forget seller fees (if through an auction site), credit card fees, shipping, etc. I buy plenty of watches just to see if I like them, but go in knowing I won’t get my money back completely. I consider it the tax on this hobby.
 
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I agree with this. If you want this style of watch, it’s a good deal. But if you are buying to try out and hope to get your money back if you don’t, you will likely be disappointed. Don’t forget seller fees (if through an auction site), credit card fees, shipping, etc. I buy plenty of watches just to see if I like them, but go in knowing I won’t get my money back completely. I consider it the tax on this hobby.
Thanks for your comment. The transaction would be face to face with the private seller so pricewise I'm looking at 1200 euro flat.
 
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Thanks for your comment. The transaction would be face to face with the private seller so pricewise I'm looking at 1200 euro flat.

I meant seller fees, shipping etc when you try to flip it if you don’t like it. The odds of you finding someone local to sell that particular watch to are pretty slim, even if you live in a large city. Let’s say you buy it, then decide a few months later you want to sell it. If you do it on EBay, you’d have to sell for at least 1400-1500 euros to recoup your 1200 after fees and shipping. You might be able to do that, might not.

if you are adverse to loosing any money if you don’t like it, you have to consider this.
 
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I meant seller fees, shipping etc when you try to flip it if you don’t like it. The odds of you finding someone local to sell that particular watch to are pretty slim, even if you live in a large city. Let’s say you buy it, then decide a few months later you want to sell it. If you do it on EBay, you’d have to sell for at least 1400-1500 euros to recoup your 1200 after fees and shipping. You might be able to do that, might not.

if you are adverse to loosing any money if you don’t like it, you have to consider this.
I see - that's something to take into consideration. Fortunately the Danish equivalent to eBay (which is in fact owned by eBay) doesn't charge any fees. That is of course provided that I find someone within the country who would buy it.