NOS 6263 vs PP 5970J

[Daytonaman799]

I came across a circa 1986 New Old Stock 6263 yesterday. The watch has never been worn or even sized. It does not have box or papers. Its in SS with the silver panda dial. The only thing I have to trade is a PP 5970J that I would be willing to part with with some cash possibly left over. Is that something to even consider or am I totally nuts??

[greekbum]

I would never trade that Patek for a 6263

[Micha]

how much of a premium are you willing to consider for NOS. I think you can get a super nice (non PN) 6263 full set for 60K.

[lhanddds]

Daytonaman might want to. I would but I'm not Patekman.

[Karbo]

6263 is the most beautiful watch out of any watchmaker

[roh123]

It's a crazy trade. Warning lights for me when the watch is NOS and without box, papers and accessories. How certain are you that it is not just lasered and cut or just freshly cut? Even if NOS with b+p I would not trade a late 6263 agains a 5970J.

[DLRIDES]

"New Old Stock" & "No Box and Papers"





Really ?


So someone took the effort to keep a watch for 31 years, but the box and papers was just too much trouble to keep.

[GB-man]

Unless you intend to keep it NOS...no.

[dcash0615]

The NOS with no papers scares me too. Maybe there is a logical reason, but??

[swish77]

Can you post some photos of the 6263?

If it's a legit NOS Big Red, I'd do it in a second, but I find the PP way too fussy as a timepiece. That's based purely on aesthetics. I'm not sure about market value of the PP.

Originally Posted by Karbo

6263 is the most beautiful watch out of any watchmaker

That is a very bold statement .... but I don't disagree, especially with the silver/cream dial!

[Sky21]

Agree with the above posts about NOS with no B&P is a huge red flag, probably just laser welded and refinished to look NOS. regarding the trade, just go with which watch you like more, don't plan on keeping the 6263 NOS because at one point it probably wasn't that way already.

[thomaspp]

Wow... as much as I've fallen under vintage rolex's spell, I would not do that trade... I mean maybe you consider if you're getting $50k back...


Edit: btw that looks like a service bezel

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[Daytonaman799]

The watch is DEF NOS with the stickers still on the watch. A major auction house has the watch and I saw it yest in the flesh. Protective stickers were all over the watch with stiffness in the clasp. I would hope to get some cash back bit the values of the 5970 have fallen like a rock in the last few years while the 6263 have really moved higher. I would NOT be keeping it NOS and would wear it. I never wear the PP. I would also be looking to have a cash difference in my favor.

http://www.christies.com/lotfinder/w...e-75b023385fa5

[thomaspp]

Originally Posted by Daytonaman799

The watch is DEF NOS with the stickers still on the watch. A major auction house has the watch and I saw it yest in the flesh. Protective stickers were all over the watch with stiffness in the clasp. I would hope to get some cash back bit the values of the 5970 have fallen like a rock in the last few years while the 6263 have really moved higher. I would NOT be keeping it NOS and would wear it. I never wear the PP. I would also be looking to have a cash difference in my favor.

http://www.christies.com/lotfinder/w...e-75b023385fa5

have thought of bidding on this one myself

[roh123]

Originally Posted by Daytonaman799

The watch is DEF NOS with the stickers still on the watch. A major auction house has the watch and I saw it yest in the flesh. Protective stickers were all over the watch with stiffness in the clasp. I would hope to get some cash back bit the values of the 5970 have fallen like a rock in the last few years while the 6263 have really moved higher. I would NOT be keeping it NOS and would wear it. I never wear the PP. I would also be looking to have a cash difference in my favor.

http://www.christies.com/lotfinder/w...e-75b023385fa5

If you plan to wear it; why just don't get a very mint used example instead? You would be able to get an early prototype pusher Daytona or a 6240 if you just skip NOS. Much rarer and imho much more fun watch compared to a late series big red.

[Tom1675]

Originally Posted by roh123

If you plan to wear it; why just don't get a very mint used example instead? You would be able to get an early prototype pusher Daytona or a 6240 if you just skip NOS. Much rarer and imho much more fun watch compared to a late series big red.

x2, why remove a NOS piece from the world when there is someone who desires something they can lock away?

[JP Chestnut]

Originally Posted by Tom1675

x2, why remove a NOS piece from the world when there is someone who desires something they can lock away?

Some people, like me, want original finishing on a really clean watch and don't want to deal with a bunch of BS laser welded "unpolished" frankenwatches. Much easier to just get NOS and wear it - assuming you can pay what it costs (I can't on a four digit Daytona, so I don't own one).

[fungo]

Originally Posted by greekbum

I would never trade that Patek for a 6263

This 100%

[Tom1675]

Originally Posted by JP Chestnut

Some people, like me, want original finishing on a really clean watch and don't want to deal with a bunch of BS laser welded "unpolished" frankenwatches. Much easier to just get NOS and wear it - assuming you can pay what it costs (I can't on a four digit Daytona, so I don't own one).

I don't think me or the poster I quoted was suggesting the OP, or anyone for that matter, wear a frankenwatch or anything laser welded. I was simply agreeing that there are very fine, exceptional even, daily wearers out there that are not true NOS.

[JP Chestnut]

Originally Posted by Tom1675

I don't think me or the poster I quoted was suggesting the OP, or anyone for that matter, wear a frankenwatch or anything laser welded. I was simply agreeing that there are very fine, exceptional even, daily wearers out there that are not true NOS.

I'm sure there are. However, it's hard to find them and you never really know. It's similar to those all blue GMT inserts. They all show up on mint super nice rail dial watches. Why? Almost certainly because people stick them together with those parts. NOS greatly removes that possibility. It comes at a huge cost (the price) but if you don't care about the money it's an infinitely better buying experience.

Just my 2c as someone who has removed more than my fair share of NOS from circulation.

[Daytonaman799]

Originally Posted by thomaspp

have thought of bidding on this one myself

NOOOOOOO

;-D

[thomaspp]

Originally Posted by Daytonaman799

NOOOOOOO



;-D

Lol. If it makes it any better, my guess is it'll go for crazy money $80k plus and that is not worth it for a late Daytona with mk3 pushers like this one. It's worth 50 my opinion.


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[swish77]

Originally Posted by thomaspp

Lol. If it makes it any better, my guess is it'll go for crazy money $80k plus and that is not worth it for a late Daytona with mk3 pushers like this one. It's worth 50 my opinion.


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$50K for an NOS 6263? Those days are long, long gone. (Pushers are correct for the serial number, I believe.) That money might get you a mediocre example with no boxes or papers. I just spent about 6 months looking for a nice 6263. Not much out there at all, and the prices are insane.

[Daytonaman799]

Originally Posted by swish77

$50K for an NOS 6263? Those days are long, long gone. (Pushers are correct for the serial number, I believe.) That money might get you a mediocre example with no boxes or papers. I just spent about 6 months looking for a nice 6263. Not much out there at all, and the prices are insane.

Exactly. The way prices are going there should be a cash difference but its not as much as one would think depending on where this trades. I think it will be a hot offering bec it really is truly NOS without having been sized. If the watch was complete it would be a much higher estimate. More towards the 100k range.

When u think of these prices the vig for a new 116500 Daytona starts to make sense....

[thomaspp]

Originally Posted by swish77

$50K for an NOS 6263? Those days are long, long gone. (Pushers are correct for the serial number, I believe.) That money might get you a mediocre example with no boxes or papers. I just spent about 6 months looking for a nice 6263. Not much out there at all, and the prices are insane.

Originally Posted by Daytonaman799

Exactly. The way prices are going there should be a cash difference but its not as much as one would think depending on where this trades. I think it will be a hot offering bec it really is truly NOS without having been sized. If the watch was complete it would be a much higher estimate. More towards the 100k range.

When u think of these prices the vig for a new 116500 Daytona starts to make sense....

Yes, maybe I'm being too optimistic. I was seeing very nice full set 6263s going for the high 50s so that was driving my price assumptions.

[subtona]

difficult choice

the market for vintage rolex has been on quite the rise while the 5970 value has been dropping... whos to say the rolex won't suffer the same fate? moreover who can predict the future of any of them?

both are spectacular pieces.
If forced to make a decision, for me it would be to choose the one that will receive the most wear.

[Michael M.]

The days of mint 6263's complete with original boxes and paperwork selling in the $50k range are long gone. I just sold two mint condition 6263's for $55k - both without papers. Expect to pay in the $50k range for a mint example without papers, $60k plus for papers, and well over $80k for a NOS example.

[roh123]

Originally Posted by Michael M.

The days of mint 6263's complete with original boxes and paperwork selling in the $50k range are long gone. I just sold two mint condition 6263's for $55k - both without papers. Expect to pay in the $50k range for a mint example without papers, $60k plus for papers, and well over $80k for a NOS example.

Still much cheaper than a perpetual patek chronograph. ;)

[Jetkopite]

That pic of NOS 6263 seems to have a service insert so how can it be NOS??
As for prices on these minty 6263s I'm seeing them going for anywhere between 65k-75k USD full sets..


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[Jetkopite]

Originally Posted by thomaspp

Yes, maybe I'm being too optimistic. I was seeing very nice full set 6263s going for the high 50s so that was driving my price assumptions.

Haha show me these full set mint 6263s at 50K USD and I might buy another...