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24 August 2012, 04:18 AM | #1 |
Member
Join Date: Sep 2009
Real Name: Anthony
Location: North Beach, MD
Watch: Rolex Sub 5512
Posts: 22
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Open Papers?
Although I am not new to the forum...I really don't post much. I get a lot of information from reading information submitted by various members who do post. I have a few watches in my possession (Rolex Sub 5512, Omega Seamaster, Oris TT1, Ennebi Fondale 9660-100B and a vintage Movado) and wear them all. I am thinking about obtaining a Rolex Explorer II (16570) from a reputable dealer. The watched is advertised in mint condition with original box and "open papers". My question is...what are "open papers? What would they mean to me? Do they lend value to the watch? Your answer(s) are greatly appreciated...thanx in advance. |
24 August 2012, 04:21 AM | #2 |
"TRF" Member
Join Date: Aug 2012
Real Name: Philip Foster
Location: Cincinnati
Watch: SubDate/GMTII/TTDJ
Posts: 168
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No original purchaser/name filled in.
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24 August 2012, 04:27 AM | #3 |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Dec 2010
Real Name: PaulG
Location: Georgia
Posts: 40,801
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The only time they lend any value is in modern, newish models that are still under warranty. Some people like to have their own name on the papers.
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24 August 2012, 04:40 AM | #4 |
Member
Join Date: Sep 2009
Real Name: Anthony
Location: North Beach, MD
Watch: Rolex Sub 5512
Posts: 22
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Can they sell a new watch and not include the purchaser's name? Does the warranty from Rolex apply to this watch or any Rolex with open papers or would it be void?
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24 August 2012, 04:41 AM | #5 |
"TRF" Member
Join Date: Oct 2009
Location: UK
Posts: 233
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Depends if they are open 'punched' papers or open hand written (serial no.). If the former then could well still be genuine, possibly came from grey dealer originally or simply AD didn't complete them. If latter, then I'd treat the watch as 'loose', and price accordingly.
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