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  1. BrianG4674 Sep 25, 2012

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    Hi Folks,
    Any idea of value? Somebody on ebay wants £1400.00 for a similar watch in 14K. I only thought of mine as beig £500.00.
    Sorry about the poor quality photos
    Cheers Brian
     
    LeCoultre1.JPG LeCoultre4.JPG LeCoultre1.JPG LeCoultre5.JPG
  2. ulackfocus Sep 25, 2012

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    Interesting watch. Late 60's probably. It looks like the serial number is 974xxx from what I see - that's 1953 but that style wasn't prevalent then. If there's a 1 in front of the visible numbers than it's 1968-ish. Got a better pic of that area? In it's current condition I think your estimate is fair. Remember that an eBay seller is often WAY high on their asking price hoping for somebody that doesn't know any better. Hell, I can ask $50,000 for my Seiko 007 but that doesn't mean somebody will actually buy it.
     
  3. BrianG4674 Sep 25, 2012

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    I'll try to get better photo tomorrow.
     
  4. gatorcpa ΩF InvestiGator Staff Member Sep 25, 2012

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    cicindela and dsio like this.
  5. dsio Ash @ ΩF Staff Member Sep 26, 2012

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    You get 10 points for finding an obscure version of a JLC, another 50 for it being in an obscure Japanese catalog, that's impressive lol
     
  6. gatorcpa ΩF InvestiGator Staff Member Sep 26, 2012

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    Yeah, sometimes I feel like this guy:



    I said sometimes...not all the time! :cool:
    gatorcpa
     
  7. BrianG4674 Sep 27, 2012

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  8. BrianG4674 Sep 27, 2012

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    Hi folks,
    You are correct it is a 9046 and was given to me in 1976 when I had little or no interest in watches. I had never at thet time heard of Jageur Le Coultre.
    Since owning it I have had very different views of how much it was worth. Watches of Switzerland in Cardiff said £3000 to £4000. Crazy Welshman, I should have sold it to him.
    Next came a man from Christies, he reckoned £350 at auction on a good day.
    I have no intention of selling but would like to know it's current market value before and after having a needed clean and service. Timekeeping is excellent when checked against my quartz watches.
    As mentioned earlier somebody has a similar watch in 14K gold on ebay asking about £1300-£1400.
    What was the yen worth in 1972? At today's rate 200,000 yen equals £1586.
    What do you think?
     
  9. gatorcpa ΩF InvestiGator Staff Member Sep 27, 2012

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    For mental gymnastics like this, I turn to this website:

    http://www.measuringworth.com/index.php

    I come up with a current sterling conversion of 200,000 yen in 1972 of about £2,700 in 2011.

    Here's how I get there:

    US$1 = 303 yen and US$1 = 40 pence in 1972.
    Therefore, £1 = 758 yen and 200,000 yen = £264 in 1972.

    The inflation factor since 1972 in the UK is approximately 10.3. That is £100 today buys what £9.71 did back then.
    £264 X 10.3 = £2,719 in 2011 currency.

    However, that's based on your example being a new watch in 2011, which it is not. The question we need to ask is what would a used JLC that originally sold for £2,700 now be worth? Watches are a lot like cars, in that they lose a good portion of their value when they go out the door of the dealer, So I'd say maybe half that figure at retail, less on eBay or at auction.

    IMO the £1,400 figure is probably too high and £350 is way too low,
    gatorcpa
     
  10. ulackfocus Sep 27, 2012

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    A raw (unserviced) manual wind JLC 14ct watch from the 70's would probably bring $900 on eBay give or take $150. There isn't as big of a demand for that decade as with the 40's, 50's, or 60's models. As I said I my first reply, your estimate in the original post is fairly accurate.
     
  11. gatorcpa ΩF InvestiGator Staff Member Sep 27, 2012

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    [​IMG]

    The OP's watch is 18K, but I think your estimate is dead-on.
    gatorcpa
     
  12. BrianG4674 Sep 28, 2012

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    Thanks for all your interest and info. Especially the catologue.Where do you find all this stuff?
    I think I'll get it serviced when I can find somebody I can trust to do it in or around Shrewsbury.
    Cheers for now until I think of the next stupid question.
     
  13. gatorcpa ΩF InvestiGator Staff Member Sep 28, 2012

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    The Google knows all and tells all....
    gatorcpa
     
  14. ulackfocus Sep 28, 2012

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    Yes he does...... sometimes you have to sift through a few pages though.
     
  15. cicindela Steve @ ΩF Staff Member Sep 28, 2012

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    Funny thing too , that looking glass goes both ways ;)
     
  16. ulackfocus Sep 28, 2012

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    THE GOOGLE IS WATCHING ME???? :eek:
     
  17. cicindela Steve @ ΩF Staff Member Sep 28, 2012

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    Wasn't directed at you, think about it:rolleyes:
     
  18. ulackfocus Sep 28, 2012

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    Oh, okay. I was getting paranoid! :p It's hard enough knowing Santa sees me when I'm sleeping or awake.
     
  19. cicindela Steve @ ΩF Staff Member Sep 28, 2012

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    No, that's Wendy :D