The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Old 17 May 2009, 12:04 AM   #1
dudelydoright
"TRF" Member
 
Join Date: May 2009
Location: Ohio
Posts: 10
First Post and a question

I just bought a pre-owned submariner with date setting as a gift for my husband from Overstock.com. He will not be getting it for a few months. I have it safely hidden. The question that I have is: Is it okay to leave it in the box, untouched, unwound, not set for two months? When it came in the mail, the second hand was sweeping, but it has since stopped. I'm concerned that I may cause damage to the watch. Please let me know your thoughts.
dudelydoright is offline   Reply With Quote
Old 17 May 2009, 12:11 AM   #2
diablojota
"TRF" Member
 
Join Date: Mar 2006
Real Name: Frank
Location: Chattanooga, TN
Watch: SS Submariner Date
Posts: 4,042
Quote:
Originally Posted by dudelydoright View Post
I just bought a pre-owned submariner with date setting as a gift for my husband from Overstock.com. He will not be getting it for a few months. I have it safely hidden. The question that I have is: Is it okay to leave it in the box, untouched, unwound, not set for two months? When it came in the mail, the second hand was sweeping, but it has since stopped. I'm concerned that I may cause damage to the watch. Please let me know your thoughts.
Everything is okay. You can store the watch without question. In addition, since the watch is an automatic (self-winding movement, no battery) it will stop after about 40hours of not being worn. You're all good and what a great gift!

Welcome to the forum.
__________________
RTFT - Read The Friggin' Thread

FcB
diablojota is offline   Reply With Quote
Old 17 May 2009, 12:15 AM   #3
dudelydoright
"TRF" Member
 
Join Date: May 2009
Location: Ohio
Posts: 10
Thanks for the quick reply. The insurane appraisal that came with it, is about $250.00 less than I paid for it. Should I feel like I got duped? I felt like I got a good deal, but now I am concerend.
dudelydoright is offline   Reply With Quote
Old 17 May 2009, 12:18 AM   #4
diablojota
"TRF" Member
 
Join Date: Mar 2006
Real Name: Frank
Location: Chattanooga, TN
Watch: SS Submariner Date
Posts: 4,042
Quote:
Originally Posted by dudelydoright View Post
Thanks for the quick reply. The insurane appraisal that came with it, is about $250.00 less than I paid for it. Should I feel like I got duped? I felt like I got a good deal, but now I am concerend.
Without knowing what you paid for the watch, what year it is, and what model it is specifically, can't really tell you for sure one way or the other. To replace any Submariner Date (base model is the 16610, stainless steel) would cost 6,000 USD. You may want to see if you can't get replacement cost on the insurance, which would be 6k.
__________________
RTFT - Read The Friggin' Thread

FcB
diablojota is offline   Reply With Quote
Old 17 May 2009, 12:20 AM   #5
Dan Pierce
2024 Pledge Member
 
Dan Pierce's Avatar
 
Join Date: Dec 2006
Real Name: D'OH!
Location: Kentucky
Watch: Rolex-1 Tudor-3
Posts: 35,658
You did right dudleydoright.
Your husband is a lucky man.
dP
__________________
TRF Member# 1668
Bass Player in TRF "AFTER DARK" Bar & NightClub Band
Commander-in-Chief of The Nylon Nation
The Crown & Shield Club
Honorary Member of P-Club
Dan Pierce is offline   Reply With Quote
Old 17 May 2009, 12:28 AM   #6
dudelydoright
"TRF" Member
 
Join Date: May 2009
Location: Ohio
Posts: 10
Quote:
Originally Posted by diablojota View Post
Without knowing what you paid for the watch, what year it is, and what model it is specifically, can't really tell you for sure one way or the other. To replace any Submariner Date (base model is the 16610, stainless steel) would cost 6,000 USD. You may want to see if you can't get replacement cost on the insurance, which would be 6k.
I paid $3,845. and it appraised at $3,600. I don't know how to find the date. It is the 16610 model, stainless steel with black face. I'm not very well versed in Rolex language. Any thoughts on now that I have it- what I should do next? Should I have it reappraised, verified for authenticity, insured immediately or wait until he gets it for his birthday? I really appreciate any and all input.
dudelydoright is offline   Reply With Quote
Old 17 May 2009, 12:42 AM   #7
diablojota
"TRF" Member
 
Join Date: Mar 2006
Real Name: Frank
Location: Chattanooga, TN
Watch: SS Submariner Date
Posts: 4,042
Quote:
Originally Posted by dudelydoright View Post
I paid $3,845. and it appraised at $3,600. I don't know how to find the date. It is the 16610 model, stainless steel with black face. I'm not very well versed in Rolex language. Any thoughts on now that I have it- what I should do next? Should I have it reappraised, verified for authenticity, insured immediately or wait until he gets it for his birthday? I really appreciate any and all input.
Do you know the serial number of the watch? While I would not doubt the authenticity of the watch, if you paid 3845, I think you've paid a reasonable price for the watch. It may not hurt to get it checked for authenticity (see if their is an Authorized Rolex dealer with watchmaker on staff in your area). Or a watchmaker who would be willing to open up the watch and verify the authenticity.

You should probably insure it sooner rather than later, just in case.
__________________
RTFT - Read The Friggin' Thread

FcB
diablojota is offline   Reply With Quote
Old 17 May 2009, 01:20 AM   #8
Imtiaz
Banned
 
Join Date: Aug 2008
Real Name: De
Location: Tokyo
Watch: Daytona, Sub, DS,
Posts: 1,046
Seems reasonable to me.

Insurance values these thing based on an average condition for the age.

If a watch is in very good condition it will fetch much more that insurance values.
Imtiaz is offline   Reply With Quote
Old 17 May 2009, 01:22 AM   #9
idk01
"TRF" Member
 
idk01's Avatar
 
Join Date: Jan 2009
Real Name: Dave
Location: Australia
Watch: DJ16233TT
Posts: 18,485
Welcome to TRF dudelydoright

I'm hoping my lovely wife has a GMT waiting for me :-)

Fantastic gesture you have done!!!!

Enjoy,

Dave.
__________________
Apprentice to Terry Newton; Superstar and Fake Sleuth

idk01 is offline   Reply With Quote
Old 17 May 2009, 05:21 AM   #10
Latrodectus
2024 Pledge Member
 
Latrodectus's Avatar
 
Join Date: Sep 2008
Real Name: Fred
Location: KY, USA
Watch: GMT-Master II
Posts: 9,986
Welcome to TRF, a great place to be!
__________________

Member # 16057
4-Hands Club
Tosser Club Member
TRF Skypers Group
Latrodectus is offline   Reply With Quote
Old 18 May 2009, 04:15 AM   #11
coddger
"TRF" Member
 
coddger's Avatar
 
Join Date: Feb 2009
Real Name: Only Mom Knows
Location: Land Of The Free
Watch: 116520,16610,16013
Posts: 1,573
Welcome to TRF
__________________
Contentment Is Not The Fulfillment Of Getting All The Watches You Want, It Is The Realization Of How Many Rolexes You Already Have.
coddger is offline   Reply With Quote
Old 18 May 2009, 09:47 AM   #12
blackmsport
Banned
 
Join Date: May 2009
Location: Melb - Australia
Posts: 2,959
question.... Do I have to wait for 15 days & 15 posts before I can post a response to Classifieds..... Am I correct
blackmsport is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Takuya Watches

Bobs Watches

My Watch LLC

OCWatches

DavidSW Watches

Coronet


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.