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12 April 2018, 12:15 AM | #1 |
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Red Submariner
Hello, I would like to ask what everyone thinks about the condition of this red submariner that I'm considering to purchase. It comes in a full set and the price is approx. 32k usd. Its a MK5 (I can't tell from the watch but it's what I have been told). I will greatly appreciate any of your comments. Thank you!
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12 April 2018, 12:27 AM | #2 | |
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That’s a really exorbitant price. Punched papers? Watch seems to be unpolished. But 32k? Too much...
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12 April 2018, 12:32 AM | #3 |
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12 April 2018, 12:48 AM | #4 |
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im curious too as i am looking....but i have seen a couple priced at 30k usd and less so far
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12 April 2018, 01:04 AM | #5 |
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12 April 2018, 01:08 AM | #6 |
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In this market and from a dealer, that price to me is in line for a red sub complete set in nice condition
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12 April 2018, 01:30 AM | #7 | |
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Quote:
https://www.hqmilton.com/timepieces/...first-dial-A77 |
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12 April 2018, 01:33 AM | #8 | |
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Rookie mistake to compare a MK 1 metre first to a MK 5 ft first...
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12 April 2018, 01:38 AM | #9 |
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12 April 2018, 01:41 AM | #10 |
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Thats a really nice example of a great time piece, it's up to you if you think it's worth it but the dealer will get his price you can be pretty sure of that.
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12 April 2018, 01:54 AM | #11 |
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It would be nice to see some photos of the set.
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12 April 2018, 01:59 AM | #12 |
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Pretty sure this would have come with a 93150 bracelet. Not sure why they wouldn't have sourced a period correct bracelet.
Not sure what's going on here with the end link, but I'd check to see that the serial hasn't been worn away by rubbing here. |
12 April 2018, 03:26 AM | #14 |
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12 April 2018, 03:56 AM | #16 | |
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Maybe not so Rookie.. The crazy world we are living in now shows the red sub has almost caught up in price with the DRSD.. As to meters first or ft first red 1680's, times have also changed and the prices have almost caught up with each other as well. Many of the new collectors of the world don't want to pay the premium for something as simple as a meters first VS a ft first example.. Unless the dial has some tropical effects, I have noticed this trend within the market the past few years. Like I said, crazy world. |
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12 April 2018, 04:10 AM | #17 | |
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12 April 2018, 04:17 AM | #18 |
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both the watches mentioned here tick all the boxes and ticked boxes = €€€, or whatever currency you prefer.
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12 April 2018, 04:27 AM | #19 | |
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Quote:
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12 April 2018, 04:31 AM | #20 | |
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However, we are speaking about items that are worth what ever someone is willing to pay... I am just speaking purely on the trends I have seen. many collectors have stayed away from the meters first example reds just because they don't feel the premium is worth it. So when you thin out the market, you thin out the price. that's what happened. |
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12 April 2018, 04:40 AM | #21 |
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Each to their own. In my opinion the meters first red subs will fetch a much higher price as they are much, much more collectible. For less than perfect condition I can imagine the spread is smaller as there aren’t buyers around that would value meters first higher than a similar feet first.
We don’t need to agree on this. I will just congratulate whoever finds a perfect meters first for the same price as a later version.
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12 April 2018, 04:59 AM | #22 | |
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We don't need to agree on it either, I agree with that. Far more new collectors in the game that I have spoken with time and time again, all who don't want to spend a higher price for a meters first variation. Times are changing whether we like it or not. condition and full sets are commanding the premiums these days. this is not directed toward tropical variants as stated earlier. It is known about the paint defect that meters first subs had that caused the discoloration. I am just referring to standard meters first examples. There is a small premium meters vs ft, but the huge premium days are over I feel. |
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12 April 2018, 07:57 AM | #23 |
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imho -and I've been in the game 20 years now- it's just a matter of a couple years before the meters first dials take off away from the feet first, as they are the original version, and much rarer ( see production numbers ), just like gilt 59-67 will take off further in due time away from its current under valued state vs matte dials prices as of late, and then the early gilt 59-62 will take off further away from later gilt 63-67. nothing happens in one swoop :)
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12 April 2018, 08:57 AM | #24 | |
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Gilt vs. matte, yes, that's an important difference, but the order of the depth rating never impressed me as significant enough to fork over more money. Of course meters-first watches are slightly older, but so what? I'd much rather have a crisp feet-first Sub than a tired-looking meters-first Sub. Just one man's opinion after about 20 years of collecting. |
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12 April 2018, 09:17 AM | #25 | |
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12 April 2018, 09:26 AM | #26 |
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12 April 2018, 09:40 AM | #28 |
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12 April 2018, 09:44 AM | #29 |
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Aftermarket endpieces?
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