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Old 14 January 2019, 09:43 AM   #1
vigsva
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Anyone recognise the model? Need help!

Hi guys,

Registered to the forums because I've got a question;

Recently stumbled upon a Rolex on an auction and I happened to accidentally place a binding bid on it. (The auction was through an app on my phone, on which I accidentally touched the bidding button.)
Nobody ended up overbidding me so it turns out I am being forced to buy it!

From the details the auction stated, I do not know what kind of Rolex watch it is. The description does not state if it comes with papers and the box, so I guess I'll know when it arrives.







These are the images provided by the auctioneer.

The description tells me the following:

Rolex watch, 18 carat yellow gold, model: oyster Perpetual, automatic, chronometer, leather strap with original 18 carat gold buckle, case 34mm, ca. 1970.
The condition said it is "new" which is a bit weird since it's from ca. 1970, so I'm guessing they meant the state of the watch is good?

I'm hoping anyone could help me out identifying the watch so I can know a little bit more about what I am spending a load of money on!

I will update the thread with pictures when I receive the watch.

Thanks in advance guys, best regards!
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Old 14 January 2019, 10:00 AM   #2
Dan S
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Ref 1002 perhaps? Odd that the dial says "T SWISS T" with no lume to be found anywhere.
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Old 14 January 2019, 10:45 AM   #3
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Here's a list of all the Oyster Perpetual References. I googled a bunch, but couldn't find any exact matches.

http://www.oysterworld.de/references.html
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Old 14 January 2019, 10:55 AM   #4
vigsva
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Quote:
Originally Posted by Dan S View Post
Ref 1002 perhaps? Odd that the dial says "T SWISS T" with no lume to be found anywhere.
Quote:
Originally Posted by sillo38 View Post
Here's a list of all the Oyster Perpetual References. I googled a bunch, but couldn't find any exact matches.

http://www.oysterworld.de/references.html
Thanks guys!

I managed to find this one: https://auction.catawiki.com/kavels/...ch-circa-1970s which kinda looks like the same watch but steel instead of gold. This one has lume on it as well.
I'll keep on searching :)
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Old 14 January 2019, 11:29 AM   #5
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Why would you bid on a watch with papers with no pictures of the papers????
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Old 14 January 2019, 11:48 AM   #6
vigsva
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Why would you bid on a watch with papers with no pictures of the papers????
As I mentioned, I do not know if there are any papers coming with it.

I did not bid on the watch on purpose, it happened when I tried to leave the auction page on my phone lol.
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Old 14 January 2019, 12:17 PM   #7
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As I mentioned, I do not know if there are any papers coming with it.
If it's not mentioned anywhere in the listing there are probably no papers.
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Old 14 January 2019, 12:30 PM   #8
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What do you mean "forced to buy it"? Are you sure there's some binding contractual obligation that legally forces you to send funds? If it's as simple a mistake as accidentally clicking on "buy" (and I believe you!), then surely you can get yourself out of this.
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Old 14 January 2019, 09:56 PM   #9
vigsva
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What do you mean "forced to buy it"? Are you sure there's some binding contractual obligation that legally forces you to send funds? If it's as simple a mistake as accidentally clicking on "buy" (and I believe you!), then surely you can get yourself out of this.
I wish man. So I've been doing some research after it happened and it turns out this online auction counts as a physical public auction as well because the company allows those who are interested to:

1) See the auctioned items in real life at their location
2) Allow bidders to be present during the last 3 hours or so of the auction at their location.

Because of this, I lose my right of withdrawal by law.

So now I'm trying to find out if it's money well spent or a bit of a waste haha!
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Old 15 January 2019, 12:19 AM   #10
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Looks like a 34mm, model 1002 14K yellow gold to me; so if you paid a stainless steel price then you are already well ahead
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Old 15 January 2019, 01:16 AM   #11
vigsva
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Quote:
Originally Posted by Dan S View Post
Ref 1002 perhaps? Odd that the dial says "T SWISS T" with no lume to be found anywhere.
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Originally Posted by offrdmania View Post
Looks like a 34mm, model 1002 14K yellow gold to me; so if you paid a stainless steel price then you are already well ahead
I'm thinking you guys are right! Thanks :)

I paid 2850 euro's for it, excluding auction costs which is an additional +/- 500 euros.

I'm still thinking whether to keep it or try to sell it

Quote:
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Odd that the dial says "T SWISS T" with no lume to be found anywhere.
Anyone know what this could mean? Is it not original?
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Old 15 January 2019, 01:19 AM   #12
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I'm thinking you guys are right! Thanks :)



I paid 2850 euro's for it, excluding auction costs which is an additional +/- 500 euros.



I'm still thinking whether to keep it or try to sell it







Anyone know what this could mean? Is it not original?


Hands might have originally had lume on them but were replaced later in the watches life with hands without lume. Not uncommon.
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Old 15 January 2019, 01:20 AM   #13
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And drilled lugs and no pic of the caseback makes me think you'll find the whole back of the watch is steel, and the gold a cap (thick coating, gold-filled rather than plated) rather than solid gold.

I'm wearing my similarly-sized 6694 today, I'm over 6'2" and not a thin fellow. 34mm is fine for me, particularly if I'm in long sleeves. How much did you pay? That's going to dictate whether we think you did well or not!

EDIT: €2850. Not great, not awful. Good luck with it.
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Old 15 January 2019, 01:54 AM   #14
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The solid gold 1002s had drilled lugs. If the case is solid 14K gold then its a good deal. If its gold capped then its at the top of its worth IMO.
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Old 15 January 2019, 04:04 AM   #15
vigsva
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The solid gold 1002s had drilled lugs. If the case is solid 14K gold then its a good deal. If its gold capped then its at the top of its worth IMO.
Alright, how do I go on to find out if it's solid gold or gold capped once I receive it?

I'll probably bring it to a jewellery store to get it valued when it arrives.
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Old 15 January 2019, 04:18 AM   #16
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Alright, how do I go on to find out if it's solid gold or gold capped once I receive it?
I believe with 14k (not capped) one of the lugs on the back is hallmarked. I believe 14k is marked with a tiny, tiny lynx or a squirrel. The inside of the case back should be hallmarked too. 14k is stamped 585.

Could be wrong.
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Old 15 January 2019, 04:40 AM   #17
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A simple photo of the back of the lugs will indicate whether it's solid or capped. We are really handicapped by having so little info.
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Old 15 January 2019, 07:27 AM   #18
offrdmania
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Gold capped will have a stainless steel case back and the back of the lugs will be stainless steel.
Solid gold will be just that, solid gold everywhere and the back of the lug will be stamped 14K and have gold hallmarks.
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Old 15 January 2019, 07:30 AM   #19
vigsva
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I believe with 14k (not capped) one of the lugs on the back is hallmarked. I believe 14k is marked with a tiny, tiny lynx or a squirrel. The inside of the case back should be hallmarked too. 14k is stamped 585.

Could be wrong.
I'll check when it gets to me

Quote:
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A simple photo of the back of the lugs will indicate whether it's solid or capped. We are really handicapped by having so little info.
I understand man!

I appreciate the help you guys have been giving, I'll update once I receive the watch! Should be with me within 7 days.

Thanks guys
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Old 15 January 2019, 08:58 AM   #20
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Old 15 January 2019, 08:58 AM   #21
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Where did you buy it? You mention purchasing in euros.
Europe has an internet trade law which gives 14 days of refund ability.
Might be a way forward...
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Old 15 January 2019, 11:45 AM   #22
vigsva
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Where did you buy it? You mention purchasing in euros.
Europe has an internet trade law which gives 14 days of refund ability.
Might be a way forward...
The Netherlands.

Yeah but this auction website allows people to actually witness the last hours of the auction at their venue.. because of this it’s a public auction which does not include a right of withdrawal..

Thanks for thinking with me though :)
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Old 15 January 2019, 01:35 PM   #23
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The Netherlands.

Yeah but this auction website allows people to actually witness the last hours of the auction at their venue.. because of this it’s a public auction which does not include a right of withdrawal..

Thanks for thinking with me though :)
Auctions are a different thing entirely, true.

I just wanted to see if I could be of assistance. I think you have a really pretty watch, so do enjoy it!
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