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martyk3 · 26 October 2012, 04:36 AM

Hello all:

New to the forum, but a longtime Rolex owner. Been thinking about buying a redletters sub or double red seadweller, and want excellent condition, authenticated with box and papers (if possible). What is the general price range for these types of pieces. I ask because there are so many around with such a wide range. Now, one of our forum members has one up on Ebay and before I throw away my money I'd like to know what the correct market is.

Any help is much appreciated. Best, Marty

Vincent65 · 26 October 2012, 05:42 PM

Best to do some searches online to get today's price ranges, but for a complete 1680 red sub in excellent condition with B&P - expect to pay up to $15K and add about $10K for DRSD

Mark020 · 26 October 2012, 06:34 PM

Well Vincent is right in a certain way but on the other end there is a lot of grey between black and white when it comes to pricing those watches. Condition and rarity are key. A MK4 single red (no B+P) in poor condition can be USD 7k while a very good MK1 with B+P might be USD 25k. DRSD can fetch over 100k in certain cases.

Vincent65 · 26 October 2012, 06:48 PM

Quote:

Originally Posted by Mark020

Well Vincent is right in a certain way but on the other end there is a lot of grey between black and white when it comes to pricing those watches. Condition and rarity are key. A MK4 single red (no B+P) in poor condition can be USD 7k while a very good MK1 with B+P might be USD 25k. DRSD can fetch over 100k in certain cases.

the OP only mentioned wanting 'excellent' condition, and with B&P. Obviously a m-first would be more, and as stated there's such a wide range of variables, but I was giving rough estimates, and the $15K I suggested for a red 1680 was for a good f-first.

Rickster · 29 October 2012, 09:36 AM

Marty. Check out the sticky at the top of the page
http://www.rolexforums.com/showthread.php?t=145962
Great resource
Cheers

Michael M. · 29 October 2012, 11:33 PM

Mint Condition (Meters First Red Sub) $10,500-$13,500 / $14,500-$25,000 w/box & papers (a mark 1 w/box & papers recently sold for $25,000
Mint Condition (Feet First Red Sub) $8,500-10,500 / $11,500-$13,500 w/box & papers

Contact the following dealers (reputable US dealers)

Eric Ku
10pastten.com

Andrew Shear
shear-time.com

martyk3 · 6 November 2012, 06:26 PM

Thanks to all for looking in on me...

All of this guidance is quite helpful.

Best,

Marty

26 October 2012, 04:36 AM	#1
martyk3 "TRF" Member Join Date: Oct 2012 Location: Encino, Ca Posts: 3	Pricing for Red Letters sub/seadweller Hello all: New to the forum, but a longtime Rolex owner. Been thinking about buying a redletters sub or double red seadweller, and want excellent condition, authenticated with box and papers (if possible). What is the general price range for these types of pieces. I ask because there are so many around with such a wide range. Now, one of our forum members has one up on Ebay and before I throw away my money I'd like to know what the correct market is. Any help is much appreciated. Best, Marty

26 October 2012, 05:42 PM	#2
Vincent65 "TRF" Member Join Date: Aug 2012 Location: Switzerland Posts: 14,293	Best to do some searches online to get today's price ranges, but for a complete 1680 red sub in excellent condition with B&P - expect to pay up to $15K and add about $10K for DRSD

26 October 2012, 06:34 PM	#3
Mark020 "TRF" Member Join Date: Mar 2008 Location: Amsterdam Posts: 2,092	Well Vincent is right in a certain way but on the other end there is a lot of grey between black and white when it comes to pricing those watches. Condition and rarity are key. A MK4 single red (no B+P) in poor condition can be USD 7k while a very good MK1 with B+P might be USD 25k. DRSD can fetch over 100k in certain cases.

29 October 2012, 09:36 AM	#5
Rickster "TRF" Member Join Date: Nov 2010 Real Name: Rick Location: London, Ont. Posts: 666	Marty. Check out the sticky at the top of the page http://www.rolexforums.com/showthread.php?t=145962 Great resource Cheers

29 October 2012, 11:33 PM	#6
Michael M. Banned Join Date: Aug 2010 Location: Newport Beach, CA Posts: 8,391	Mint Condition (Meters First Red Sub) $10,500-$13,500 / $14,500-$25,000 w/box & papers (a mark 1 w/box & papers recently sold for $25,000 Mint Condition (Feet First Red Sub) $8,500-10,500 / $11,500-$13,500 w/box & papers Contact the following dealers (reputable US dealers) Eric Ku 10pastten.com Andrew Shear shear-time.com

6 November 2012, 06:26 PM	#7
martyk3 "TRF" Member Join Date: Oct 2012 Location: Encino, Ca Posts: 3	Thanks to all for looking in on me... All of this guidance is quite helpful. Best, Marty

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