ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
1 November 2020, 01:11 AM | #1 |
"TRF" Member
Join Date: Apr 2015
Location: US
Posts: 2,237
|
Are 1570 movements really bringing 2500 US?
I was poking around ebay today and was amazed at he prices being asked for 1570s. Is this real world? I'm not trying to buy or sell any just trying to keep up with values!
|
1 November 2020, 01:25 AM | #2 |
2024 Pledge Member
Join Date: Oct 2018
Location: Colorado, USA
Posts: 5,907
|
I don't know what the current market price is, but with the way Rolex is consolidating their parts accounts, and the value of vintage models, it makes sense for collectors to buy parts watches/movements.
__________________
@oldwatchdan on IG |
1 November 2020, 01:41 AM | #3 |
"TRF" Member
Join Date: Jun 2020
Location: michigan
Posts: 2,286
|
I bought this 2135 for $500 earlier this year and sold it for $700 a few weeks later. Completely fire damaged. Likely would’ve cleaned up fairly well, but was a can of worms I didn’t feel like opening, so passed that one on rofl.
People are pretty wild, I had a hard time getting $2k for a rough 1005 with bracelet a few months back though, I could see $1500-1800 for movements as that’s what I would’ve asked if I parted the watch, but $2,500 is a stretch. |
1 November 2020, 02:01 AM | #4 |
2024 Pledge Member
Join Date: Jan 2014
Location: NY
Posts: 620
|
i recently parted out a watch and got about that level for a 1520 movement (was a 1970 5513).
On the watch itself, I made a few thousand dollars more than if I had sold it whole into a soft 5513 (at the time) market. Interesting experiment, and helped several people complete projects along the way. I wasn't in any rush and had some fun along the way. |
1 November 2020, 02:07 AM | #5 |
2024 ROLEX DATEJUST41 X2 Pledge Member
Join Date: May 2008
Real Name: Matt
Location: Wine Country, Ca
Posts: 5,849
|
You can ask whatever you want, the difference is what someone is willing to pay. I would go through the sold listings. What people actually paid is a much more accurate representation of market value.
__________________
TRF Member 11738 |
1 November 2020, 02:28 AM | #6 | |
"TRF" Member
Join Date: Apr 2015
Location: US
Posts: 2,237
|
Quote:
|
|
1 November 2020, 02:37 AM | #7 |
"TRF" Member
Join Date: Apr 2015
Location: US
Posts: 2,237
|
True but I'm wondering if this is one of those Rolexian moving targets that even month old prices are off. I've got a lot of them marked to see what actually happens to this current batch. I followed one from that Korean seller and it settled at 2055 plus 118 shipping, his stuff always brings less because no one really wants to play in Korea if they can find the same thing closer.
|
1 November 2020, 02:49 AM | #8 |
"TRF" Member
Join Date: Jun 2020
Location: michigan
Posts: 2,286
|
Just the name of the game, with the way gold prices are going there might be another wave of parted out day dates coming as well
|
1 November 2020, 07:54 AM | #9 |
2024 Pledge Member
Join Date: Apr 2008
Real Name: jP
Location: Texas
Watch: GMT-MASTER
Posts: 17,197
|
Price a 1570 GMT movement (actually 1575). You'd be lucky to find one for $3500.
__________________
Member of NAWCC since 1990. INSTAGRAM USER NAME: SPRINGERJFP Visit my Instagram page to view some of the finest vintage GMTs anywhere - as well as other vintage classics. |
1 November 2020, 10:33 AM | #10 | |
Banned
Join Date: Oct 2011
Real Name: Jeff
Location: Home!
Posts: 1,259
|
Quote:
There are literally millions of them out there so it should be quite a while before we exhaust supplies to keep our preferred models ticking along... Sent from my iPhone using Tapatalk |
|
2 November 2020, 07:19 PM | #11 |
"TRF" Member
Join Date: Sep 2009
Location: HONG KONG
Posts: 40
|
I sold my 1575 movement that I kept for 10 years for 3k USD. It is the average market price.
Sent from my iPhone using Tapatalk |
3 November 2020, 02:14 AM | #12 | |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: May 2011
Location: Great State of TX
Posts: 5,684
|
Quote:
Was that a 1575 GMT or just 1575 date? Sent from my iPhone using Tapatalk
__________________
Forty six & 2 are just ahead of me. Follow me on Instagram @ccrolex |
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.