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Old 16 August 2017, 02:09 AM   #1
Burrost1
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Rolex Red 1680 prices

Hi forum users, i'm just curious if people have seen a dramatic rise in the prices for a Rolex Sub Red 1680. I was talking to a dealer in London who had a 1969 piece on ebay at minute and he offerred it to me for £18,000. No papers or box etc.. with an appraisl form Steve Hale from Stev Hale watch restoration.
I know the 1969 dial may be more slightly more desirable than an early 70's one ( i think) but that price seems to be very excessive... or is it??!!

Thoughts please!
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Old 16 August 2017, 02:12 AM   #2
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Depends. How much restoration was done? And what shape is it in now?
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Old 16 August 2017, 02:19 AM   #3
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Seems optimistic even considering the current market. But who knows, maybe the last few they had flew out the door?

Vintage in general has surged the past couple of years.
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Old 16 August 2017, 02:48 AM   #4
Burrost1
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182714135062
That's the eBay ref number. Dial looks good but very polished.
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Old 16 August 2017, 02:57 AM   #5
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Fairly good case and a fairly rare configuration. Being a dealer selling it I guess that is the current rate. Not great and not terrible.
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Old 16 August 2017, 03:06 AM   #6
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I called a UK dealer earlier this year regarding a deal on a Daytona, we couldn't agree on the deal but he knew I had a Red 1680 boxed with papers & asked what I thought they were worth, I thought I was pushing it at £12,000 but he said he'd take my arm off at that price & they were fetching around £20 grand complete. Nice surprise if true though I've not paid much attention to current prices.
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Old 16 August 2017, 03:13 AM   #7
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$23K for a red Sub without boxes/papers? Even in this inflated market for that reference, that's too much, IMHO. But you're dealing with U.K. prices, which are way more than in the U.S. And who knows, it might seem like a good deal in a couple of years in this crazy hobby.
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Old 16 August 2017, 03:32 AM   #8
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Quote:
Originally Posted by swish77 View Post
$23K for a red Sub without boxes/papers? Even in this inflated market for that reference, that's too much, IMHO. But you're dealing with U.K. prices, which are way more than in the U.S. And who knows, it might seem like a good deal in a couple of years in this crazy hobby.
What would you expect to pay for a pretty good meters first red sub at a dealer? Not saying it is a great deal but I doubt it stands out as crazy from a retail shop nowdays.
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Old 16 August 2017, 03:46 AM   #9
Gina Marie
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1680 mark4 full sets are now in the mid 20's. Especially un or lightly polished. Red prices flat lined for a few years and now all other models like the gmt, 16660, and 5513 have caught up to it. They have started their upward trend again. 3 years ago a nice red was 10k....last year 11k. now 14-15k. full sets were in the mid teens....now in the low to mid 20s for ffs.
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Old 16 August 2017, 04:32 AM   #10
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Quote:
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$23K for a red Sub without boxes/papers? Even in this inflated market for that reference, that's too much, IMHO. But you're dealing with U.K. prices, which are way more than in the U.S. And who knows, it might seem like a good deal in a couple of years in this crazy hobby.
Nice, meters first 1680 reds are bringing $20,000 or more here in the USA. I know a couple of them that sold for $20,000 earlier in the year.
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Old 16 August 2017, 04:40 AM   #11
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Three years ago I paid 22,500 usd for a full set double punched papers from 1969 meters first dial, one off my favourite pieces
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Old 16 August 2017, 04:59 AM   #12
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What would you expect to pay for a pretty good meters first red sub at a dealer? Not saying it is a great deal but I doubt it stands out as crazy from a retail shop nowdays.
Well, I might be the wrong guy to ask, but I wouldn't pay a penny more for a meters-first over a feet-first, everything else being equal. I realize that collectors charge more, and I guess guys pay more, but I've yet to hear a good argument why the order of the depth rating is more appealing if the meters comes before the feet.

It's high on my list of the most over-hyped details of vintage Rolex dials, maybe next to rail dials. Red lettering, yes, cool and great, worth a premium over white 1680s. But I never understood paying a premium for a meters-first 1680 or 5512/13. It makes no visual impact on the wrist, IMHO. I'd rather put that extra money into a red 1680 that might be in better overall condition.
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Old 16 August 2017, 05:18 AM   #13
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Quote:
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Well, I might be the wrong guy to ask, but I wouldn't pay a penny more for a meters-first over a feet-first, everything else being equal. I realize that collectors charge more, and I guess guys pay more, but I've yet to hear a good argument why the order of the depth rating is more appealing if the meters comes before the feet.

It's high on my list of the most over-hyped details of vintage Rolex dials, maybe next to rail dials. Red lettering, yes, cool and great, worth a premium over white 1680s. But I never understood paying a premium for a meters-first 1680 or 5512/13. It makes no visual impact on the wrist, IMHO. I'd rather put that extra money into a red 1680 that might be in better overall condition.
In this case rarity is just that much higher. I personally wouldn't pay this much for any matte sub except a milsub but that is just me.
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Old 16 August 2017, 10:10 AM   #14
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Quote:
Originally Posted by swish77 View Post
Well, I might be the wrong guy to ask, but I wouldn't pay a penny more for a meters-first over a feet-first, everything else being equal. I realize that collectors charge more, and I guess guys pay more, but I've yet to hear a good argument why the order of the depth rating is more appealing if the meters comes before the feet.

It's high on my list of the most over-hyped details of vintage Rolex dials, maybe next to rail dials. Red lettering, yes, cool and great, worth a premium over white 1680s. But I never understood paying a premium for a meters-first 1680 or 5512/13. It makes no visual impact on the wrist, IMHO. I'd rather put that extra money into a red 1680 that might be in better overall condition.
Just that meters first is a little older than the ft first which brings a premium. Some people feel its not worth it, some feel it is. Over all the meters first reds have always fetched a higher price. They seem to be still very popular. One thing I will say is, it seems the ft first reds are slowly closing the gap in price difference to meters first variants. I feel recently Ft first reds have increased in price more dramatically than the meters first reds.

Quote:
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1680 mark4 full sets are now in the mid 20's. Especially un or lightly polished. Red prices flat lined for a few years and now all other models like the gmt, 16660, and 5513 have caught up to it. They have started their upward trend again. 3 years ago a nice red was 10k....last year 11k. now 14-15k. full sets were in the mid teens....now in the low to mid 20s for ffs.
I agree with your numbers aside from the current 14-15k you mentioned. Maybe that for a mediocre condition.

From what I been following over the past 8 months to now; a very nice un-polished red ft first 1680 will today set you back 19 to 20k with no B&p's.
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Old 16 August 2017, 10:36 AM   #15
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Originally Posted by Burrost1 View Post
Hi forum users, i'm just curious if people have seen a dramatic rise in the prices for a Rolex Sub Red 1680. I was talking to a dealer in London who had a 1969 piece on ebay at minute and he offerred it to me for £18,000. No papers or box etc.. with an appraisl form Steve Hale from Stev Hale watch restoration.
I know the 1969 dial may be more slightly more desirable than an early 70's one ( i think) but that price seems to be very excessive... or is it??!!

Thoughts please!
A red sub with little or no polish and flawless dial is going for $25k to $30k. An average condition sub is under $20k. I have been following the price for 6 months now. A good condition sub is sold at a large premium ($10k to 15k more easily) and is generally sold within a day. That is why perfect condition subs continue to appreciate. Average condition sub sits on the market for a lot longer.
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Old 16 August 2017, 11:25 PM   #16
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Mine

http://www.sheartime.com/product/196...ner-ref-1680-2

I bought this three years ago $22,500 . I would like to think it had gone up in value .
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Old 17 August 2017, 01:57 AM   #17
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http://www.sheartime.com/product/196...ner-ref-1680-2

I bought this three years ago $22,500 . I would like to think it had gone up in value .
I saw that when it first came up and was so tempted, but I already had a Red Sub and other models on my radar. Glad to see it went to a fellow forum member. I'm quite sure you've done very well on that purchase.
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Old 17 August 2017, 10:46 PM   #18
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Thanks for all the comments, looks like they have gone up, mine in a MK4 with mint dial original box and swingtag [plu rolex service from 2011. Might be in the £12-15 range by the sounds of it! Gutted i sold my GMT a few years ago but house move and an observant wife forced sale!
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Old 18 August 2017, 01:07 AM   #19
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An average FF red 1680 sold at Bonhams for £13k a couple of months ago. I presume that includes buyers premium of 25% + VAT.
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Old 18 August 2017, 07:52 AM   #20
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I saw that when it first came up and was so tempted, but I already had a Red Sub and other models on my radar. Glad to see it went to a fellow forum member. I'm quite sure you've done very well on that purchase.
It's one of my favourite pieces it does get lots of wrist time, I think it's done ok but it doesn't really matter I can't see me selling it and I have had to resist several enquiries regarding fs
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Old 18 August 2017, 03:26 PM   #21
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damn...I had no idea the prices have risen this much. What is a nice MKIV with a perfect kissing 4 insert worth then? Dial is perfect, but hands have some corrosion.
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Old 18 August 2017, 03:42 PM   #22
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ridiculous what people pay nowadays

here's our unpolished survivor with flawless faded brownish-grey dial, complete with a generic bezel pearl and cobbled-up bracelet we threw together so i can wear it. just like the two 1655's we have, i think these are grossly over rated and over priced and if we didn't get them for a song we wouldn't have bought them.


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Old 18 August 2017, 11:53 PM   #23
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damn...I had no idea the prices have risen this much. What is a nice MKIV with a perfect kissing 4 insert worth then? Dial is perfect, but hands have some corrosion.
About $15,000, more so if faded insert and original 9315 bracelet plus any box or paperwork....(dealer prices mind you - can get cheaper from a private sale)
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Old 19 August 2017, 12:05 AM   #24
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Just curious but what do you guys think this is worth? Unfortunately I only have this poor quality photo. No papers or box.
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Old 20 August 2017, 06:34 AM   #25
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Just curious but what do you guys think this is worth? Unfortunately I only have this poor quality photo. No papers or box.

Looks fairly polished, as you'd expect in a watch from the 1970s. Would expect to see prices in the USD 12,000 - 13,000 range from a dealer.
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Old 21 August 2017, 12:47 AM   #26
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Ah ok, thanks for that I was offered it for £7.5k three years ago but I declined.
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Old 17 September 2017, 02:16 AM   #27
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Rolex Red 1680 prices







I have a 1680 red mk1 myself and I posted a pic on some fb forum for fun last week, and there are multiple interests to buy and requests for a quote (without me soliciting at all).

I have no intention to sell but got curious so I found this ad on chrono24 and sent an enquirer.

Somehow I secretly want to believe the answer I saw but the sensible part of my brain found that this is more likely a scam ... or maybe a joke .... or has prices gone insane?

What do you TRFers think ? What would be a reasonable price range for a 1680 red mk1 (watch only, no box or papers) with (what I think is) very nice patina ?

Here is a pic I posted on fb. The pic was taken with my iPhone6 with no tuning or photoshop touch-up other than some cropping.

I have the bracelet but just prefer NATO:








Sent from my iPhone using Tapatalk
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Old 17 September 2017, 02:46 PM   #28
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chrono24 prices aren't really the norm. Those that are reasonably priced sold quickly. Those that are listed too high will stay for longer or forever.

After 9 months of hunting, I find that a good red with most boxes checked are sold for $15k to $20k. Better samples are sold for $20k to $25k. Flawless one is around $30k. These are feet first prices from reputable dealers.

Meter first, mk1 are sold at a premium. Probably double the price if it has a tropical dial.
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Old 18 September 2017, 03:00 AM   #29
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Agreed prices have been climbing 6 months ago when i started looking there where multiple examples being posted here & elsewhere for $12k to $15k depending on quality & nothing in the $15 to $20 range & the $20 k ones had B&P now the non b&p ones are $15 to 20 k & B&p ones are $25 to 30 k .
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