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Old 4 December 2007, 12:57 AM   #1
spike
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vintage red sub appraisal

i have to increase the insurance on my red sub, but my AD only estimates its worth at the price of a new sub. where can i get a more accurate estimate of this watch's worth?
thx
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Old 4 December 2007, 12:59 AM   #2
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Here on TRF, for example.

A 1680 Red with papers and box, in good condition would be worth about US $ 10,000+

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Old 4 December 2007, 01:03 AM   #3
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would that be acceptable to the insurance company?
thx
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Old 4 December 2007, 01:06 AM   #4
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Probably not! But at least you have some price to go by now.

Maybe you should ask another AD than the one you asked, since setting the value of a Red Sub at the price of a current Sub is just ridiculous. I know that some AD's do appraisals. I am sure someone will chip in and recommend you some places to go to.
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Old 4 December 2007, 01:25 AM   #5
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check out some of the Antiquorum or Christie auctions - surely there is a redline that has the correct estimate for your insurance guy
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Old 4 December 2007, 03:18 AM   #6
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thanks, will do
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Old 4 December 2007, 09:27 AM   #7
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check out some of the Antiquorum or Christie auctions - surely there is a redline that has the correct estimate for your insurance guy
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Old 4 December 2007, 10:06 PM   #8
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Maybe it´s an idea for you to post some pics. of the watch that we can have a look on it...?
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Old 4 December 2007, 11:00 PM   #9
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I think that you need to get an valuation from a reputable vintage dealer/auctioneer, that will be acceptable to your insurance company, not an AD.

You wouldn't get a valuation on a vintage Porsche from a 'new' Porsche dealer would you?

This is a toughy, but I'm sure there are 'experts' out there who insurance companies accept. How are Picasso's valued?

Good luck and keep us posted.


John.
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Old 5 December 2007, 12:52 AM   #10
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Maybe it´s an idea for you to post some pics. of the watch that we can have a look on it...?





the dial is in near perfect condition
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Old 5 December 2007, 09:17 AM   #11
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Looks like a nice dial! Appears to be a closed 6 variety...73/74ish?
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Old 5 December 2007, 09:25 AM   #12
spike
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Looks like a nice dial! Appears to be a closed 6 variety...73/74ish?
i do not know the date, ser # is 381xxxx, would guess around that date.
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Old 5 December 2007, 10:07 AM   #13
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i do not know the date, ser # is 381xxxx, would guess around that date.
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