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Old 21 February 2017, 12:44 PM   #1
gastonp
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Considering This as a Project

In addition to reading through the sale forums here every day, I have been watching eBay and my local Craigslist for pre-owned Rolexes. Last night, I came across this Air King and am considering taking this on as a project.

Clearly the band and crystal are shot, and the crown is flat out missing. I've been wanting either an OP or Air King on a NATO band, so that's not an issue to me. I have already contacted a local watch repair shop which is willing to verify the authenticity of the watch and movement for $50, will replace the crystal for $150, and will replace the crown for $250. All in, I think I can get this watch to where I want it for under $1200.

Am I being too ambitious in trying to rehab this watch? I own a few Tag Heuer watches, but this would be my first Rolex so I'm a little nervous. I also don't need it to be perfect, so I'm not going into this thinking I'll end up with a mint Air King.

Thanks in advance for your thoughts.
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Old 21 February 2017, 02:32 PM   #2
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Does your $1,200 include a likely overdue service at $600+?
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Old 21 February 2017, 02:56 PM   #3
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Local watch repair place is overcharging you. Just look for a nicer example. Too much headache potential with this one for a first-time Rolex owner.
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Old 21 February 2017, 03:35 PM   #4
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Listen to Adam OP.
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Old 21 February 2017, 03:49 PM   #5
Kevin of Larchmont
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It all depends on your level of liquidity, I guess. Kind of sounds like fun to me. Kind of sounds like it kind of sounds like fun to you too. If you were all in with a service for $1200 I'd say go for it. But I ain't as smart as these other fellers.
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Old 21 February 2017, 03:55 PM   #6
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It all depends on your level of liquidity, I guess. Kind of sounds like fun to me. Kind of sounds like it kind of sounds like fun to you too. If you were all in with a service for $1200 I'd say go for it. But I ain't as smart as these other fellers.
why is it when i read that it sounded like "Mater" from the animated movie Cars in my head lol!!!
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Old 21 February 2017, 05:34 PM   #7
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Sorry I cant help as I am not into vintage. Good luck though!
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Old 22 February 2017, 12:56 AM   #8
D111s
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Dial and case look good in the pics, bracelet is an old riveted one which looks like has knackered or missing springs, could be salvageable or saleable.

The movement is hand wound so less to go wrong compared to the auto movements, may get away without a huge parts bill.

If it appeals to you then go ahead, it is a gamble though... but if all goes well it would have a nice story to add extra sentimental value to you!
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Old 22 February 2017, 07:55 AM   #9
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Dial and case look good in the pics, bracelet is an old riveted one which looks like has knackered or missing springs, could be salvageable or saleable.

The movement is hand wound so less to go wrong compared to the auto movements, may get away without a huge parts bill.

If it appeals to you then go ahead, it is a gamble though... but if all goes well it would have a nice story to add extra sentimental value to you!
The movement is not hand wound. That's why it says Perpetual on the dial.
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Old 22 February 2017, 08:39 AM   #10
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Appreciate all of the feedback. Lots more to think about now.

I'm not familiar with the RSC or it's pricing - would a crystal and crown replacement be less expensive as part of a service through RSC?
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Old 22 February 2017, 08:56 AM   #11
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I'm not familiar with the RSC or it's pricing - would a crystal and crown replacement be less expensive as part of a service through RSC?
No, RSC is usually more expensive but we have several top quality watchmaker members right here on TRF. Vanessa, Rikki, the Ridleys
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Old 22 February 2017, 10:54 AM   #12
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Sometimes, a beat-up example is a great refurb project. Othertimes, it is a money-pit. Some of the most straightforward restoration projects that I have purchased went all the way up to full retail value in terms of effort and money applied. Now, don't get me wrong, that's not a negative in and of itself: I took a watch that was of no use to anyone and made it into a wearable classic (that I planned to wear). When I dispose of it, the next owner will likely enjoy the efforts that I made. But, in terms of a BARGAIN, that is not always the case. I have purchased a Rolex for under $300 on eBay in the past year that required less than $75 to make it as good as can be. I feel great about it it, but, in all honesty, the final retail value is between $550 and $600, and it's not an easy one to sell (too small) so, more about the fun than the profit.
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Old 22 February 2017, 11:32 AM   #13
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Hard pass. Listen to Adam.
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Old 22 February 2017, 11:36 AM   #14
jrs146
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I'd pass. Not worth it


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Old 22 February 2017, 12:28 PM   #15
gastonp
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Appreciate all the great advice here. While I was thinking it over and weighing all of your input, the watch sold. Probably for the best at this point.

The hunt continues!
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Old 22 February 2017, 12:29 PM   #16
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I will use a car analogy. Why buy a 6k Mercedes when 10k won't fix it and you could get a really nice one for 15k. I would be tempted to pass on this one!
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