value adjustment of a service dial.

[s1im]

What % value does a lumina service dial and hands do to a 1960 PCG with all paperwork present.
Trying to advise someone, and its hard to know, would some one buy this to put a correct gilt dial on and then seek a premium as this has papers?
or would people struggle as it has the service dial?

[traf]

Service dial = automatic pass for me


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[cpefy3]

I agree with traf. Unless it is from a family member with sentimental value, I too would pass.

[waspy1]

Which model are you referring to? A 5512 PCG could easily
be worth over 50k usd if all correct. With a service dial and hands it won’t make 15k usd. So yes, it makes a big difference.


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[s1im]

ah sorry I thought I'd put that on there! 1675

[lee fowler]

Try finding a nice 1675 Gilt dial!! Any pics??

[roh123]

I would only buy it if I already had the dial. And only if the case was good enough. Papers on a poor case is worthless imho.

[SubKing]

I honestly think its all personal preference. If looking at market values for service dials, there are different circumstances. Say a vintage sub from the 50's where the service dial itself is vintage tritium.. In that case, it is still very collectable and desirable. It would still take a hit in value over the original gilt dial of course.

Now talking about more recent pieces, 60's 70's with luminova service dials, the market is more slim.. But there is still a market.

I guess my point is, there are pieces out there that are so old, there are very little survivors, so collectors will snatch em up in serviced condition or not, in poor condition or not. Just depends on the piece.

[springer]

My formula for determining value is rather simple:

Current value of the watch based on its condition
- (minus) the value of original replacement parts
= (equals) current value

A 1960 GMT with a service dial, hands, bezel insert and bracelet is looking at about $17,000 to $20,000 to source these parts - of course pricing is based on condition of the original parts if and when they are found.

[saskmh]

For most, a service dial is a no go. What blows my mind is seeing people listing luminova service dials for 1680’s and 1665’s for 7-8k. Just for the f*cking dial! Some people are nuts.

But I’m getting off subject. Springer has it right. In collecting vintage pieces most of the value is in the original dial. Service dials really take a lot out of the overall value.

[springer]

Originally Posted by springer

My formula for determining value is rather simple:

Current value of the watch based on its condition
- (minus) the value of original replacement parts
= (equals) current value

A 1960 GMT with a service dial, hands, bezel insert and bracelet is looking at about $17,000 to $20,000 to source these parts - of course pricing is based on condition of the original parts if and when they are found.

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After reading my post I see it might be confusing. Let me explain further:

Let's say a 1960 GMT with original parts in average condition is valued at $30,000.

I find an average condition 1960 GMT offered for sale at $10,000 with service dial/hands bezel insert and bracelet. If I consider purchasing this watch, I should expect to pay close to $20,000 to get this GMT back to its original condition. In the end, I would have $30,000 in the watch and whether or not it is a $30,000 GMT would totally be based on the condition of the watch and the condition of the original replacement parts. It could very well be a $30,000 GMT when all is said and done. Now, if the same 1960 GMT service parts watch was for sale at $15-$20,000, and one added the price of original replacement parts to the purchase price, you could very well be upside down on your vintage watch investment.

Bottom line is - know what you are getting into when buying a vintage gilt watch - original parts are expensive and not easy to source.