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LS-1 · 8 July 2019, 05:02 AM

Hi everyone, first post here but been lurking for some time. Hoping to tap the wealth of knowledge and experience this community has to offer. After some considerable searching I’ve tracked down a 1016 Explorer at non-AD in FL for what appears to be a good price.

They say they took it in on trade from the 1st owner and everything on the watch appears to be original with the exception that it was re-lumed a while back. (20+years ago). They are asking just south of $9,000, they say, due to the re-lume. They have agreed in concept to allowing a local AD do a pre purchase inspection. I’m not local so would either be asking my father in law to do the running around or I would take the flight down to check it out.

While they sell pre owned Rolex frequently the establishment appears to carry a mediocre reputation (a few high/low reviews on google.)

My question to you all is do you think it’s worth making a run at the watch? All the advice I’ve given and have been given is that you don’t buy the watch you buy the dealer. But could this be a diamond in the rough? Or hold out and likely pay more for watch from a reputable source?

Tom1675 · 8 July 2019, 01:01 PM

Sorry but without pics, no one can make any kind of assessment.

Based on your description, its not a diamond in the rough, its a relume. Send pics, may be worth $9k, but don't look at it as investment grade.

LS-1 · 9 July 2019, 12:18 AM

Quote:

Originally Posted by Tom1675

Sorry but without pics, no one can make any kind of assessment.

Based on your description, its not a diamond in the rough, its a relume. Send pics, may be worth $9k, but don't look at it as investment grade.

For sure - here's a pic the seller sent:

Juhuatai · 9 July 2019, 12:57 AM

Hmm it looks like a service dial, so the dial itself isn't original to the watch which already lowers the value. Do you happen to know what year it is? On top of that the relume is not a very attractive color. Needs clearer pictures but for $9k it's a no for me. If in good condition, the rivet might be worth some money but the dial and hands are not pretty. You'd be hard pressed to find a buyer if you ever decide to let it go.

spammyman · 9 July 2019, 01:34 PM

Quote:

Originally Posted by Juhuatai

Hmm it looks like a service dial, so the dial itself isn't original to the watch which already lowers the value. Do you happen to know what year it is? On top of that the relume is not a very attractive color. Needs clearer pictures but for $9k it's a no for me. If in good condition, the rivet might be worth some money but the dial and hands are not pretty. You'd be hard pressed to find a buyer if you ever decide to let it go.

Strong pass. Sorry.

Juhuatai · 9 July 2019, 02:29 PM

Quote:

Originally Posted by spammyman

Strong pass. Sorry.

As I said, to me it’s a no. I was simply providing him with my opinions on the state of the warch.

HarryLime · 9 July 2019, 04:03 PM

Quote:

Originally Posted by LS-1

They say they took it in on trade from the 1st owner and everything on the watch appears to be original with the exception that it was re-lumed a while back. (20+years ago).

lol, oh, just that tiny exception?

Verdi · 9 July 2019, 04:28 PM

I dont like the relume job. I would pass at 9k, looks too shabby for me.

mikkolopez · 9 July 2019, 04:34 PM

If it was around 6k I could go for that and source an unmolested dial and hands.

Sent from my iPhone using Tapatalk

Lol-x · 9 July 2019, 05:07 PM

I think you can do a lot better.
This watch has a lot of problems with the dial, hands, case (which looks polished). These aspects are critical to the collectability of the watch.
I think you need to spend a few thousand more and get a much, much better example of the 1016. A good example will give you more pleasure and be more likely to retain its value.

A re-lumed dial is like having a Monet and asking a local artist to touch it up. It just shouldn't be done. You can no longer say it is original factory Rolex.

Buy it right, or buy it twice.....because it isn't right.

onthedial · 9 July 2019, 05:11 PM

@LS-1
I would inspect the case and if it looks legit, then factor in the the cost of purchasing a new period correct dial (to replace the repainted, not just relumed one that’s currently installed) and handset. Also, count on having the watch serviced (more out-of-pocket $). When you have an idea of these additional expenditures you can make an offer on the watch.
—————
IG: @onthedial

Sent from my iPhone using Tapatalk

Lgear080 · 9 July 2019, 06:14 PM

Strong buy at $4k for that disaster. Did someone take a makita to the case too?

1665fan · 9 July 2019, 06:48 PM

Junk re lume and case

LS-1 · 10 July 2019, 12:13 AM

Very much appreceate everyone's thoughts and insights here. Think i'll keep the search going for a stronger option.

donq · 10 July 2019, 12:50 PM

That dial is fugazi.

The crown and text at the top are redone.

And what’s up with those endlinks?
Did someone cut up some Jubilee types to fit an oyster?

8 July 2019, 05:02 AM	#1
LS-1 "TRF" Member Join Date: Feb 2018 Location: Washington D.C. Posts: 13	Advice on 1016 Explorer Opportunity Hi everyone, first post here but been lurking for some time. Hoping to tap the wealth of knowledge and experience this community has to offer. After some considerable searching I’ve tracked down a 1016 Explorer at non-AD in FL for what appears to be a good price. They say they took it in on trade from the 1st owner and everything on the watch appears to be original with the exception that it was re-lumed a while back. (20+years ago). They are asking just south of $9,000, they say, due to the re-lume. They have agreed in concept to allowing a local AD do a pre purchase inspection. I’m not local so would either be asking my father in law to do the running around or I would take the flight down to check it out. While they sell pre owned Rolex frequently the establishment appears to carry a mediocre reputation (a few high/low reviews on google.) My question to you all is do you think it’s worth making a run at the watch? All the advice I’ve given and have been given is that you don’t buy the watch you buy the dealer. But could this be a diamond in the rough? Or hold out and likely pay more for watch from a reputable source?

9 July 2019, 04:28 PM	#8
Verdi "TRF" Member Join Date: May 2015 Real Name: Mitch Location: UAE Watch: Big Ben Posts: 2,451	I dont like the relume job. I would pass at 9k, looks too shabby for me. __________________ IG: @watch_idiot_savant

9 July 2019, 04:34 PM	#9
mikkolopez "TRF" Member Join Date: Sep 2010 Location: Philippines Posts: 2,301	If it was around 6k I could go for that and source an unmolested dial and hands. Sent from my iPhone using Tapatalk __________________ At my age now ... I have SEEN everything, I have HEARD everything, I have even DONE everything, I just don't REMEMBER everything.

9 July 2019, 05:07 PM	#10
Lol-x Facilitator Join Date: Nov 2005 Real Name: Steve Location: Omnipresent Posts: 33,243	I think you can do a lot better. This watch has a lot of problems with the dial, hands, case (which looks polished). These aspects are critical to the collectability of the watch. I think you need to spend a few thousand more and get a much, much better example of the 1016. A good example will give you more pleasure and be more likely to retain its value. A re-lumed dial is like having a Monet and asking a local artist to touch it up. It just shouldn't be done. You can no longer say it is original factory Rolex. Buy it right, or buy it twice.....because it isn't right. __________________ *Most folks are about as happy as they make up their minds to be.* ~Abraham Lincoln Nothing compares to the simple pleasure of a bike ride. ~John F. Kennedy ROLEXploitation - yeah I'm a victim

8 July 2019, 01:01 PM	#2
Tom1675 "TRF" Member Join Date: Feb 2016 Real Name: Tom Location: Los Angeles Posts: 1,172	Sorry but without pics, no one can make any kind of assessment. Based on your description, its not a diamond in the rough, its a relume. Send pics, may be worth $9k, but don't look at it as investment grade.

9 July 2019, 12:57 AM	#4
Juhuatai 2024 Pledge Member Join Date: Mar 2016 Location: Chicago Watch: 5508 & 9401 Posts: 639	Hmm it looks like a service dial, so the dial itself isn't original to the watch which already lowers the value. Do you happen to know what year it is? On top of that the relume is not a very attractive color. Needs clearer pictures but for $9k it's a no for me. If in good condition, the rivet might be worth some money but the dial and hands are not pretty. You'd be hard pressed to find a buyer if you ever decide to let it go.

9 July 2019, 05:11 PM	#11
onthedial "TRF" Member Join Date: Aug 2016 Location: Los Angeles Watch: IG @onthedial Posts: 587	@LS-1 I would inspect the case and if it looks legit, then factor in the the cost of purchasing a new period correct dial (to replace the repainted, not just relumed one that’s currently installed) and handset. Also, count on having the watch serviced (more out-of-pocket $). When you have an idea of these additional expenditures you can make an offer on the watch. ————— IG: @onthedial Sent from my iPhone using Tapatalk

9 July 2019, 06:14 PM	#12
Lgear080 Banned Join Date: Sep 2010 Location: NYC Posts: 3,506	Strong buy at $4k for that disaster. Did someone take a makita to the case too?

9 July 2019, 06:48 PM	#13
1665fan "TRF" Member Join Date: Oct 2017 Location: East coast Posts: 6,591	Junk re lume and case

10 July 2019, 12:13 AM	#14
LS-1 "TRF" Member Join Date: Feb 2018 Location: Washington D.C. Posts: 13	Very much appreceate everyone's thoughts and insights here. Think i'll keep the search going for a stronger option.

10 July 2019, 12:50 PM	#15
donq "TRF" Member Join Date: Sep 2008 Location: Dallas tx Watch: 16610,1675,16030 Posts: 1,135	That dial is fugazi. The crown and text at the top are redone. And what’s up with those endlinks? Did someone cut up some Jubilee types to fit an oyster?

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