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Foo2rama
··Nowhere near as grumpy as he used to be...Case is not excellent. It’s been refinished and the edges are soft.
subtract 3k for the wrong bezel.
subtract 3k for the wrong bezel.
What is a fair price for this 105.003?
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Davidt
·I haven't bought or sold any parts for a while but the value is the sum of its (mostly service) parts.
Case (polished with service back) - 1000
Movement (assume serviced but incorrect for 105.003 and possibly incorrect for a Speedmaster) - 1500
Dial (the best bit) - 1500
Hands - 400
Bezel - 50
So I'd say it's worth around 4000-4500 US
Case (polished with service back) - 1000
Movement (assume serviced but incorrect for 105.003 and possibly incorrect for a Speedmaster) - 1500
Dial (the best bit) - 1500
Hands - 400
Bezel - 50
So I'd say it's worth around 4000-4500 US
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aj_tucker
·I was hoping to sell for $5k minus selling costs, so I suppose this is all fair. In retrospect, I wish I hadn't been so hasty. I had the itch for an Ed White but didn't want to pay the prices they were commanding at the time. Maybe I'll just list as is on eBay with a reserve for $4k and let it go from there.
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Dan S
·I had the itch for an Ed White but didn't want to pay the prices they were commanding at the time.
This is the type of buyer you are looking for as well, and there is probably someone out there. If you have documentation that the movement was serviced, you should also include that.
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timoss
·So is this a vintage movement that has been serviced? Or a “service movement”? I was not aware there was such a thing as a service (ie, replacement) movement from Omega...
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aj_tucker
·This is a replacement movement from Omega in Bienne. The previous owner was in Korea and I think submitted through their local AD, so the doc was unreadable to me. I've asked for a copy in English, which would be of interest to a prospective buyer.
It's possible I was misled, but I am trusting the seller on this one.
It's possible I was misled, but I am trusting the seller on this one.
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killer67
·I haven't bought or sold any parts for a while but the value is the sum of its (mostly service) parts.
Movement (assume serviced but incorrect for 105.003 and possibly incorrect for a Speedmaster) - 1500
Dial (the best bit) - 1500
$1500 feels optimistic with a large drag mark but eBay is a good measuring stick of the market
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NikoMartinez_SYD
·This is the type of buyer you are looking for as well, and there is probably someone out there. If you have documentation that the movement was serviced, you should also include that.
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aj_tucker
·I'll keep this thread updated; probably listing soon. I have to figure out shipping internationally (which I'm sure I can do). I'll reconsult this thread for how to keep the listing honest.
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Spacefruit
··Prolific Speedmaster Hoarderit’s good to see the forum members respond positively to a new member asking about selling a watch.
is seems the hysterical Lynch mob is busy. (Explanation - a new poster asking for advise on a sale is often accused of attempting a back door sales attempt, even when clearly just asking for advice. It got a bit like Salem for a while)
so glad to have you, and the opportunity to discuss this.
Clearly a watch where the attraction is that it is a very cheap Ed White.....with issues but not quite enough to make anyone a liar.
There is a strong market for this, and eBay certainly used to be the best way to sell - just do due diligence on the buyer and make sure he isn’t a flake. Remember eBay/PayPal will side with a fraudulent buyer every time.
with the wind behind it and a bit of luck an eBay auction will go over 4K but might get 5k. But I strongly urge you to not put a reserve and start at .99. You will get way more interest and bidders.
good luck and let us know so we can watch?
is seems the hysterical Lynch mob is busy. (Explanation - a new poster asking for advise on a sale is often accused of attempting a back door sales attempt, even when clearly just asking for advice. It got a bit like Salem for a while)
so glad to have you, and the opportunity to discuss this.
Clearly a watch where the attraction is that it is a very cheap Ed White.....with issues but not quite enough to make anyone a liar.
There is a strong market for this, and eBay certainly used to be the best way to sell - just do due diligence on the buyer and make sure he isn’t a flake. Remember eBay/PayPal will side with a fraudulent buyer every time.
with the wind behind it and a bit of luck an eBay auction will go over 4K but might get 5k. But I strongly urge you to not put a reserve and start at .99. You will get way more interest and bidders.
good luck and let us know so we can watch?
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aj_tucker
·Sure thing. I'll paste the eBay link thread when I sell it, probably within a few weeks. I'm trying to do research on international shipping and insurance. I'm also enjoying having it on the wrist a few more times 😀
@Spacefruit you mentioned doing due diligence on a buyer...how does one do that on eBay? I thought the point of an eBay sale is that anyone can bid? Can anyone point me to a thread on best practices for the seller on eBay?
I also want to thank everyone who has viewed or contributed to this thread. I usually buy / sell only through highly trusted sources, so going the eBay route is a bit nerve wracking (particularly with a .99 bid and no reserve!!!). Plus, everyone hears horror stories about untrusted buyers, and I don't want to get taken for a ride. The watch is nice enough where it should find a good home, even if it's not in the hands of a major enthusiast who only has interest in the top end.
@Spacefruit you mentioned doing due diligence on a buyer...how does one do that on eBay? I thought the point of an eBay sale is that anyone can bid? Can anyone point me to a thread on best practices for the seller on eBay?
I also want to thank everyone who has viewed or contributed to this thread. I usually buy / sell only through highly trusted sources, so going the eBay route is a bit nerve wracking (particularly with a .99 bid and no reserve!!!). Plus, everyone hears horror stories about untrusted buyers, and I don't want to get taken for a ride. The watch is nice enough where it should find a good home, even if it's not in the hands of a major enthusiast who only has interest in the top end.
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Dan S
·The main thing to avoid is a zero-feedback buyer with a new account, since it can be someone creating new accounts to scam sellers. You can say in the listing that bids from low-feedback bidders will be canceled unless approved by you in advance.
Scams happen, but personally, I don't think they are are terribly common, and I wouldn't lose sleep over it. While not exactly a high volume seller, I've sold dozens of items (mostly watches) on eBay over the years, and I've never had an incident. Shipping, on the other hand, always makes me a little nervous.
Scams happen, but personally, I don't think they are are terribly common, and I wouldn't lose sleep over it. While not exactly a high volume seller, I've sold dozens of items (mostly watches) on eBay over the years, and I've never had an incident. Shipping, on the other hand, always makes me a little nervous.
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eugeneandresson
·I don’t think the movement is new, rather it was serviced by Omega, and maybe there are some new parts. The serial is correct for a 105.003-63, assuming that’s what this is. Dial has asymmetric t’s, also correct for a 63. But that could just be luck in a mixed bag. I still hold faith in Occam’s razor...
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loniscup
·As Dan said, I also sell items on ebay sporadically since 2004 and never had an issue neither with a bad buyer nor with shipping to be honest. But when I sell high priced items I get nervous obviously. My advice is this, to cover your back as much as you can that is..
Mention on your listing ALL the cons of your watch, don't hide anything. Ask minimmum feedback of 10 (or more) from bidders, otherwise you have the right to cancel the auction.
Take a video packaging the watch securely, and if you can (I highly recommend it) do it at the post office if it is possible, stopping the video after it is weighted and has left your hands.
Mention on your listing ALL the cons of your watch, don't hide anything. Ask minimmum feedback of 10 (or more) from bidders, otherwise you have the right to cancel the auction.
Take a video packaging the watch securely, and if you can (I highly recommend it) do it at the post office if it is possible, stopping the video after it is weighted and has left your hands.
Edited:
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aj_tucker
·My sense is that when I post this to eBay, I'll re-ping this thread with the text of my listing. I want to be honest to the buyers out there and transparent about the flaws.
@loniscup taking a video of the packaging and handing it off to FedEx will be a great way to ensure I have taken the right precautions.
@eugeneandresson I have asked the buyer (who is on this forum) for a copy of the service records from Omega, but I'm not sure he still has them. You make me curious how much work was done on the piece, since you're right (I think? checked here: https://speedmaster101.com/105-003/ -- thanks again, @Spacefruit ) about the serials. Can't believe I never checked 'em myself...this is a curious watch. So much to learn.
@loniscup taking a video of the packaging and handing it off to FedEx will be a great way to ensure I have taken the right precautions.
@eugeneandresson I have asked the buyer (who is on this forum) for a copy of the service records from Omega, but I'm not sure he still has them. You make me curious how much work was done on the piece, since you're right (I think? checked here: https://speedmaster101.com/105-003/ -- thanks again, @Spacefruit ) about the serials. Can't believe I never checked 'em myself...this is a curious watch. So much to learn.
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Spacefruit
··Prolific Speedmaster HoarderDue Dilligence on ebay buyers is simple.
We speak on the phone, often chatting a few minutes, gauging his interest in watches, and he also gets to hear my depth of interest. Its a rare crook who can keep up enthusiastic conversation for longer than a couple of minutes.
With a watch like this, I would ask the buyer, are you sure you know what you are buying, are you happy? Are you aware that there is no returns, would you be willing to make a wire? (if he is, then it shows he wont return!) Would you be willing to F2F? I may be passing your city soon....(That usually flushes them out with a load of excuses why you cannot meet).
The key here is speak.
We speak on the phone, often chatting a few minutes, gauging his interest in watches, and he also gets to hear my depth of interest. Its a rare crook who can keep up enthusiastic conversation for longer than a couple of minutes.
With a watch like this, I would ask the buyer, are you sure you know what you are buying, are you happy? Are you aware that there is no returns, would you be willing to make a wire? (if he is, then it shows he wont return!) Would you be willing to F2F? I may be passing your city soon....(That usually flushes them out with a load of excuses why you cannot meet).
The key here is speak.
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zenaj
·On the other hand, i don‘t really feel save if somebody is only offering wire and no other options. Paying a huge amount wire only from Europe to somewhere overseas i’d be quite hesitant to he honest...
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eugeneandresson
·Thats where reputation comes in. A lot of people (myself included) do their best to build up a good reputation, with references, such that any buyer would be able to 'buy the seller'.
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MikiJ
·The key here is speak.
