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Old 12 February 2010, 10:28 AM   #31
silence
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Agreed... that's the confusing thing about the RSC quote...

Quote:
Originally Posted by Earl Camembert View Post
But what is "proper restoration"? If a genuine Rolex dial has been refinished Rolex will not work on it. This watch is well over 30 years old I'm surprised Rolex would even consider servicing.

I would like to see what Rolex USA says about the watch; I'll bet it would cost much more for them to do the job; much, much more.
I had an old Rolex many moons ago and I tried to get done in the Hong Kong RSC and they would not touch it because the dial was not original. They did say, they would replace the dial which I agreed to. This was when I was an ignorant fool... now I know better.

The crystal seems shot and that can be replaced with NOS. I assume it can go through a modest polish (not some heavy grinding). They can gently clean the dial too... I think.

Are you sure the case back is a "must replace" item?

The correct period bracelet could also be found I am sure.
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Old 12 February 2010, 10:52 AM   #32
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Quote:
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Are you sure the case back is a "must replace" item?
This is what the repair quote said;
Required; Complete Service $1,199, Bezel Insert $71.50, Hands $77.00, Authentication $99.00, Case Back $192.50, Case Middle $770.00.

Recommendations (optional) Bracelet 93150 20 585 $1,267.20, Dial as per original specification O/S order $4.62.00.

The service is very high but the parts are reasonable.
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Old 12 February 2010, 11:00 AM   #33
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$100K - WOW... new member or not ... WOW

Enough said.
I haven't done the conversion but I think it says $100K in Aussie dollars. I don't know if that make any difference.
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Old 12 February 2010, 11:05 AM   #34
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BTW if you read through that thread you'll see at 1 point that DRSD was selling on ebay for 500 bucks.

I'm going to be browsing ebay every freaking day now.
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Old 12 February 2010, 11:07 AM   #35
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BTW if you read through that thread you'll see at 1 point that DRSD was selling on ebay for 500 bucks.

I'm going to be browsing ebay every freaking day now.
Before you even think about buying on eBay visit the WatchOut forum.

http://www.rolexforums.com/forumdisplay.php?f=21
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Old 12 February 2010, 11:08 AM   #36
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Before you even think about buying on eBay visit the WatchOut forum.

http://www.rolexforums.com/forumdisplay.php?f=21
LOL!! Oh I've been in (and posted in) 'Watch Out' a few times - IMO that is one of the best parts of this forum!!
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Old 12 February 2010, 11:14 AM   #37
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Quote:
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BTW if you read through that thread you'll see at 1 point that DRSD was selling on ebay for 500 bucks.
It was never actually selling for $500 or ever going to sell for that price.

The watch had a $500 reserve. When I sell a watch I always start it at £1 for a low listing fee.

Someone always bids just that £1 and at one stage is the highest bidder on a £XXXXX watch.

They never end at £1, of course. Ebay prices are probably the best indication of a true market price due to the size of the audience. A watch can easily go from £1000 to £10,000 in the last furious 3 minutes of the auction.
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Old 12 February 2010, 11:33 AM   #38
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Originally Posted by Earl Camembert View Post
Rolex insists on changing the case back and wants to change the dial. how can the watch hold original value if this is done?

That is why you don’t have Rolex service the watch. The dial and hands maybe just fine. Rolex wants to bring a watch up to their standards which is new like and do not worry about value. That is why you have to be very careful with Rolex servicing a vintage watch. And the watch is best offer sell.
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Old 12 February 2010, 11:37 AM   #39
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That is why you don’t have Rolex service the watch. The dial and hands maybe just fine. Rolex wants to bring a watch up to their standards which is new like and do not worry about value. That is why you have to be very careful with Rolex servicing a vintage watch. And the watch is best offer sell.
Not to worry Rolex USA will not service a watch over 30 years old; unless one is willing to pay more for service than a new watch would cost.
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Old 12 February 2010, 12:25 PM   #40
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I would rather get a bmw 750i for that much $.....
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Old 12 February 2010, 12:40 PM   #41
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Quote:
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He seems like a polite and a good guy, I would trust him.
I don't know about that.
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Old 12 February 2010, 12:42 PM   #42
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He seems like a polite and a good guy, I would trust him.
Ahh, to be young and naive.
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Old 12 February 2010, 12:54 PM   #43
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I don't know about that.
Agreed. Somehow something does not add up. I can understand someone selling off an item of high value simply because they have no interest but still something does not add up about his post.
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Old 12 February 2010, 12:55 PM   #44
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Am I missing something? Why on earth would anyone pay $100k for THAT watch (well, really for ANY watch)...it's in horrific condition. I guess it must be rare or something, but sorry...EWWWW. Can't stand scratches/marks/dings/dingy/generally aged watches.

NEW NEW NEW please!!!
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Old 12 February 2010, 12:56 PM   #45
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Maybe the currency he meant is Japanese YEN
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Old 12 February 2010, 01:02 PM   #46
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Going by the thread he started, it appears as if he just threw out the AU$100K out as a number, nothing else. I don't think he's serious about that figure. Sure is a nice watch though. Whoever pointed out the rarity of the DRSD to him deserves a huge amount of kudos IMO.

We'll be posting a DRSD MKll for sale pretty soon, restored by Bob Ridley. We didn't even consider anyone else. After reading TRF for awhile, we realized that it would have been a huge mistake sending it to an RSC.

I'm not sure if we'll be offering it on TRF though, we'll see. I do know I'm not looking forward to the sales. One just has to read the Watchout section for about 10 minutes to know that it's a cruel cruel world out there.
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Old 12 February 2010, 01:07 PM   #47
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Quote:
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NEW NEW NEW please!!!
That is your preference but this watch is for collection not wearing.
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Old 12 February 2010, 01:07 PM   #48
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Quote:
Originally Posted by Barracuda View Post
Going by the thread he started, it appears as if he just threw out the AU$100K out as a number, nothing else. I don't think he's serious about that figure. Sure is a nice watch though. Whoever pointed out the rarity of the DRSD to him deserves a huge amount of kudos IMO.

We'll be posting a DRSD MKll for sale pretty soon, restored by Bob Ridley. We didn't even consider anyone else. After reading TRF for awhile, we realized that it would have been a huge mistake sending it to an RSC.

I'm not sure if we'll be offering it on TRF though, we'll see. I do know I'm not looking forward to the sales. One just has to read the Watchout section for about 10 minutes to know that it's a cruel cruel world out there.
Exactly right. Below is a PM conversation between me and the seller. I'm posting this because I think it's valuble information and my intentions are to keep everyone on this forum safe:

Re: Watch for sale

--------------------------------------------------------------------------------

Hey xxthe_remedyxx!

Thank you for your enquiry.
I'm hoping to get as much as possible for a watch of this calibre and rarity. That's why I put the price at A$100K, since the forum required a price and I really don't know the value to a collector. The price cannot be increased so I started at A$100K but I will take the best offer I can get.
Best regards,
Abi Nathan - haitek@live.com.au


Quote:
Originally Posted by xxthe_remedyxx
How much are you hoping to get for it?
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Old 12 February 2010, 01:09 PM   #49
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Hmmm...

Quote:
Originally Posted by sbux View Post
I would rather get a bmw 750i for that much $.....
A used 1998 air cooled 911 would do plus a $50K in flight time from NetJets and a nice Nike watch which hooks up to an iPhone... plus a nice bottle of wine to finish it off.

The watch is so banged up, it is not worth even $10K to me and I am a lunatic for vintage watches. For that amount, I want a COMEX with papers and the dive logs of the first owner.

http://www.luxist.com/2009/12/01/ren...p-for-auction/
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Old 12 February 2010, 01:09 PM   #50
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Quote:
Originally Posted by xxthe_remedyxx View Post
Exactly right. Below is a PM conversation between me and the seller. I'm posting this because I think it's valuble information and my intentions are to keep everyone on this forum safe:

Re: Watch for sale

--------------------------------------------------------------------------------

Hey xxthe_remedyxx!

Thank you for your enquiry.
I'm hoping to get as much as possible for a watch of this calibre and rarity. That's why I put the price at A$100K, since the forum required a price and I really don't know the value to a collector. The price cannot be increased so I started at A$100K but I will take the best offer I can get.
Best regards,
Abi Nathan - haitek@live.com.au


Quote:
Originally Posted by xxthe_remedyxx
How much are you hoping to get for it?
Can you point out what's wrong?
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Old 12 February 2010, 01:12 PM   #51
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Can you point out what's wrong?
Never said anything was wrong. The more information between us and the seller the better I think
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Old 12 February 2010, 01:13 PM   #52
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Never said anything was wrong. The more information between us and the seller the better I think
Sounds good.
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Old 12 February 2010, 01:14 PM   #53
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It is one amazing watch though--just for me.
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Old 12 February 2010, 01:18 PM   #54
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Quote:
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Can you point out what's wrong?
He really does not know anything about the watch, or so he makes it seem.
If I were trying to sell a valuable item that I had no knowledge of or interest in, I would spend time researching it to understand it and know it's value.
Something just does not sit right and that PM somehow reinforces that feeling. Just my opinion though, it's just not right for me.
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Old 12 February 2010, 01:21 PM   #55
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He really does not know anything about the watch, or so he makes it seem.
If I were trying to sell a valuable item that I had no knowledge of or interest in, I would spend time researching it to understand it and know it's value.
Something just does not sit right and that PM somehow reinforces that feeling. Just my opinion though, it's just not right for me.
I have to agree with that observation.
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Old 12 February 2010, 01:22 PM   #56
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Originally Posted by Prince Tudor View Post
He really does not know anything about the watch, or so he makes it seem.
If I were trying to sell a valuable item that I had no knowledge of or interest in, I would spend time researching it to understand it and know it's value.
Something just does not sit right and that PM somehow reinforces that feeling. Just my opinion though, it's just not right for me.
Would the RSC provide an estimate if the watch was fake?
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Old 12 February 2010, 01:24 PM   #57
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Quote:
Originally Posted by Earl Camembert View Post
That is your preference but this watch is for collection not wearing.
My apologies...but can I ask a serious question?

Are people here actually considering looking into a purchase like this? As in, it would be within the realm of reality for them? If so, then I think I need to take my leave of this forum as I am grossly out of my league. I would have to take out a 30 year mortgage for something like that. I just bought a 16610LV from someone on the forum and it represents my watch budget for, well, the year (at least). If there are really people here who have that kind of money, I will feel way out of place.
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Old 12 February 2010, 01:26 PM   #58
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What's the saying?

Trust no one and suspect everyone else?....the epitome of cynicism, but what the heck
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Old 12 February 2010, 01:28 PM   #59
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Would the RSC provide an estimate if the watch was fake?
May not be real or for another watch. If RSC USA and probably Canada won't touch the watch, why would any RSC?
Not factual, just a question.
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Old 12 February 2010, 01:28 PM   #60
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No but anyone can forge a letter from any RSC...

Quote:
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Would the RSC provide an estimate if the watch was fake?
using Microsoft Word in this case. I would not need Photoshop to do an invoice.
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