ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

andymac66 · 5 January 2012, 11:33 AM

I've just bought an Explorer 2 16570T from a private seller here in the UK. It comes with a chronometer / guarantee certificate showing in was originally bought from Ben Bridge Jewelers (no address shown) in August 2007. The certificate shows the first owner lived in North Hills, California. The curious thing is that the hang tag shows a price of $7800 which is way over the US list price of $5000 at around that time. I believe $7800 could be the 2007 price in Singapore Dollars but how could a watch purchased from a US AD have a hang tag with the correct serial number but a Singapore $ price?

The watch has been serviced by the Rolex in Bexley and has the guarantee card to prove it. It's authenticity has also been confirmed by my local UK AD. The hang tag issue worries me though. Does anyone have any ideas how the $7800 price tag could have got on a 16570?

PS I'd also be curious to know what the T stands for!

Thanks!

77T · 5 January 2012, 11:35 AM

Quote:

Originally Posted by andymac66

PS I'd also be curious to know what the T stands for!

Thanks!

MAybe a T serial #?

andymac66 · 5 January 2012, 11:37 AM

Nope, it's a Z serial.

integrale · 5 January 2012, 11:39 AM

the "T" stands for a non-lughole case

andymac66 · 5 January 2012, 11:41 AM

Thanks for that!

Tools · 5 January 2012, 03:37 PM

I think that you are dwelling on a price sticker that could have been stuck on the plastic at any time...

The price on it is irrelevant, except to show that somebody had it listed at that price at some point in time...

padi56 · 5 January 2012, 07:17 PM

Quote:

Originally Posted by Tools

I think that you are dwelling on a price sticker that could have been stuck on the plastic at any time...

The price on it is irrelevant, except to show that somebody had it listed at that price at some point in time...

Agree with Larry just remove the price tag sticker and stick in the bin most important part is the watch.

andymac66 · 5 January 2012, 08:59 PM

Quote:

Originally Posted by Tools

I think that you are dwelling on a price sticker that could have been stuck on the plastic at any time...

The price on it is irrelevant, except to show that somebody had it listed at that price at some point in time...

Thanks for that reassurance Larry. The $7800 price is printed on the green Rolex hang tag along with the serial number of the watch and a bar code. Doesn't that mean that it's an official price and not one just made up and stuck on by a dealer? There's no way $7800 could be the correct official US price for a 2007 Explorer 2 is there?

bayerische · 5 January 2012, 09:00 PM

No, probably a misprinted price tag?

andymac66 · 5 January 2012, 09:03 PM

Quote:

Originally Posted by padi56

Agree with Larry just remove the price tag sticker and stick in the bin most important part is the watch.

Thanks for that Peter! I am enjoying the watch and I appreciate the hang tag isn't the most important thing about the watch! I was just curious to know more about the history and past life of the watch - and tie up any potential loose ends....

padi56 · 5 January 2012, 09:11 PM

Quote:

Originally Posted by andymac66

Thanks for that padi! I am enjoying the watch and I appreciate the hang tag isn't the most important thing about the watch! I was just curious to know more about the history and past life of the watch - and tie up any potential loose ends....

Well if you have the service papers from Bexley thats the most important bit with your watch.As for the hang tag its still only a plastic hangtag no matter what the price sticker.And when Rolex watches are delivered to the various ADs world wide only the bare watches in plastic cases are shipped,boxes tags
etc are added by the ADs so possible mix up there.

andymac66 · 5 January 2012, 09:24 PM

Quote:

Originally Posted by padi56

Well if you have the service papers from Bexley thats the most important bit with your watch.As for the hang tag its still only a plastic hangtag no matter what the price sticker.And when Rolex watches are delivered to the various ADs world wide only the bare watches in plastic cases are shipped,boxes tags
etc are added by the ADs so possible mix up there.

Ahh, I see so it's the local AD (presumably in California) who applied the price label to the tag? That makes me feel a lot better. I thought the watch would have been supplied by Rolex USA to the dealer with the hangtag and price already attached. I can see how a local dealer could make a mistake but a mistake by Rolex would be a rarer event!

TTmax · 5 January 2012, 09:52 PM

.
Official 2007 US price for 16570 :

andymac66 · 5 January 2012, 10:00 PM

Quote:

Originally Posted by TTmax

.
Official 2007 US price for 16570 :

Thanks for that Christoph. It's got a 78790A bracelet so it looks like the correct price should have been $5750. Still not $7800 though....

kokota · 5 January 2012, 10:49 PM

Probably sold new via a grey market dealer. They tend to mark prices up quite a bit to leave room for negotiation.

andymac66 · 5 January 2012, 11:37 PM

Quote:

Originally Posted by kokota

Probably sold new via a grey market dealer. They tend to mark prices up quite a bit to leave room for negotiation.

Ahh, I see. I thought there might have been some grey market dealing involved somewhere but I wasn't sure exactly how it worked.

andymac66 · 5 January 2012, 11:52 PM

Quote:

Originally Posted by kokota

Probably sold new via a grey market dealer. They tend to mark prices up quite a bit to leave room for negotiation.

Would anyone really be fooled by that? Surely if someone was buying from a grey market dealer they should already know what the correct price is? I guess not everyone does the research first....

azguy · 6 January 2012, 12:34 AM

Could it be euros or some other currency

Interesting how that watch got over there, some story in that trip

andymac66 · 6 January 2012, 12:44 AM

Quote:

Originally Posted by azguy

Could it be euros or some other currency

Interesting how that watch got over there, some story in that trip

The hangtag has a $ sign before the price, though that doesn't mean it has to be US Dollars. The price would be right if it was Singapore Dollars but there's nothing else to link the watch to that country.

bayerische · 6 January 2012, 12:57 AM

Quote:

Originally Posted by azguy

Could it be euros or some other currency

Interesting how that watch got over there, some story in that trip

Hopefully not Euros!

Back in 2007 euro price would have been about 10.500 usd.

andymac66 · 6 January 2012, 03:33 AM

I've just noticed something else about the hangtag. 31J has been added in a larger red font the end serial number. It looks like it might have been stamped rather than printed. So the number looks like this Z13XXXX 31J. Does anyone know what this means?

kokota · 6 January 2012, 03:35 AM

The red stamp is normal. It indicates a 31 jewel movement. It's only found on watches originally sold in the US.

andymac66 · 6 January 2012, 03:45 AM

Quote:

Originally Posted by kokota

The red stamp is normal. It indicates a 31 jewel movement. It's only found on watches originally sold in the US.

Ahh, very interesting! That makes it look more like a US watch. It still doesn't explain the weird price though.....

5 January 2012, 11:33 AM	#1
andymac66 "TRF" Member Join Date: Jan 2012 Real Name: Andrew Location: UK Posts: 40	Explorer 2 Hang Tag Puzzle I've just bought an Explorer 2 16570T from a private seller here in the UK. It comes with a chronometer / guarantee certificate showing in was originally bought from Ben Bridge Jewelers (no address shown) in August 2007. The certificate shows the first owner lived in North Hills, California. The curious thing is that the hang tag shows a price of $7800 which is way over the US list price of $5000 at around that time. I believe $7800 could be the 2007 price in Singapore Dollars but how could a watch purchased from a US AD have a hang tag with the correct serial number but a Singapore $ price? The watch has been serviced by the Rolex in Bexley and has the guarantee card to prove it. It's authenticity has also been confirmed by my local UK AD. The hang tag issue worries me though. Does anyone have any ideas how the $7800 price tag could have got on a 16570? PS I'd also be curious to know what the T stands for! Thanks!

5 January 2012, 03:37 PM	#6
Tools TRF Moderator & 2024 DATE-JUST41 Patron Join Date: May 2007 Real Name: Larry Location: Mojave Desert Watch: GMT's Posts: 43,071	I think that you are dwelling on a price sticker that could have been stuck on the plastic at any time... The price on it is irrelevant, except to show that somebody had it listed at that price at some point in time... __________________ (Chill ... It's just a watch Forum.....) NAWCC Member

5 January 2012, 09:00 PM	#9
bayerische "TRF" Member Join Date: Nov 2009 Real Name: Andreas Location: Margaritaville Watch: Smurf Posts: 19,879	No, probably a misprinted price tag? __________________ Yeah, well, you know, that's just, like, your opinion, man.

5 January 2012, 11:37 AM	#3
andymac66 "TRF" Member Join Date: Jan 2012 Real Name: Andrew Location: UK Posts: 40	Nope, it's a Z serial.

5 January 2012, 11:39 AM	#4
integrale "TRF" Member Join Date: Nov 2011 Location: Philippines Posts: 94	the "T" stands for a non-lughole case

5 January 2012, 11:41 AM	#5
andymac66 "TRF" Member Join Date: Jan 2012 Real Name: Andrew Location: UK Posts: 40	Thanks for that!

5 January 2012, 09:52 PM	#13
TTmax Banned Join Date: Mar 2011 Real Name: Christophe Location: France Watch: DJ/Gmt2/IIc/E2/ToG Posts: 434	. Official 2007 US price for 16570 :

5 January 2012, 10:49 PM	#15
kokota 2024 ROLEX DATEJUST41 Pledge Member Join Date: Nov 2008 Location: NYC Posts: 1,276	Probably sold new via a grey market dealer. They tend to mark prices up quite a bit to leave room for negotiation.

6 January 2012, 12:34 AM	#18
azguy Banned Join Date: Sep 2011 Real Name: ------- Location: ------- Watch: --------- Posts: 12,609	Could it be euros or some other currency Interesting how that watch got over there, some story in that trip

6 January 2012, 03:33 AM	#21
andymac66 "TRF" Member Join Date: Jan 2012 Real Name: Andrew Location: UK Posts: 40	I've just noticed something else about the hangtag. 31J has been added in a larger red font the end serial number. It looks like it might have been stamped rather than printed. So the number looks like this Z13XXXX 31J. Does anyone know what this means?

6 January 2012, 03:35 AM	#22
kokota 2024 ROLEX DATEJUST41 Pledge Member Join Date: Nov 2008 Location: NYC Posts: 1,276	The red stamp is normal. It indicates a 31 jewel movement. It's only found on watches originally sold in the US.

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)