The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Watch Forum > Rolex & Tudor Watch Topics > Vintage Rolex Discussion

Reply
 
Thread Tools Display Modes
Old 2 September 2009, 01:56 PM   #1
ayecarumba
"TRF" Member
 
ayecarumba's Avatar
 
Join Date: May 2008
Real Name: Paul
Location: ATL
Watch: the one I'm wearin
Posts: 526
Can anyone help appraise this 61 Oyster Date?

Hi all,

I gave a little TLC to my friend's heirloom Oyster Date recently. I told him this forum hosts many Ph.Ds in "Rolexology" and that perhaps someone could estimate it's worth since he asked me and I had no idea. It has been serviced and keeps good time.

It was procured by his grandfather (original owner) circa 1961. Here are some specs:
Model: 1501 Oyster Perpetual Date
Caliber: 1565 automatic
Bracelet: Oyster
Serial #: 6XXXXX (which corresponds to circa 1961 date of mfr)

As you can see from the pics it has been worn and has scratches on the case/crystal but it's overall condition is good.


I told him it's value as a family heirloom is inestimable. But after spelunking around on the web if I had to guesstimate a dollar value I'd say about $1500-2000? Barring any unforeseen defect/feature that would substantially decrease/increase it's value.

Any information or knowledgeable estimates would be appreciated.

Thanks!

--Paul
__________________


"Whether we wake or we sleep, Whether we carol or weep, The Sun with his planets in chime,
Marketh the going of Time." --Edward Fitzgerald
ayecarumba is offline   Reply With Quote
Old 2 September 2009, 03:19 PM   #2
pz93c
"TRF" Member
 
pz93c's Avatar
 
Join Date: Apr 2008
Real Name: Brian
Location: Republic of Texas
Posts: 2,776
About a thousand dollars or so.
pz93c is offline   Reply With Quote
Old 2 September 2009, 09:07 PM   #3
greekbum
"TRF" Member
 
greekbum's Avatar
 
Join Date: Apr 2007
Real Name: Nikos
Location: Florida
Watch: Rolex GMT 16750
Posts: 8,414
Is there a bracelet or just the watch head? Does the watch have all the paperwork,boxes,etc? There is a spread from what a dealer would pay and what you could expect to retail it at.
__________________
Follow Me On Instagram @nickgogas

Original Owner ROLEX 16750 GMT Daily Wearer For Over 13,000 Days And Counting
greekbum is offline   Reply With Quote
Old 3 September 2009, 02:45 AM   #4
ayecarumba
"TRF" Member
 
ayecarumba's Avatar
 
Join Date: May 2008
Real Name: Paul
Location: ATL
Watch: the one I'm wearin
Posts: 526
Quote:
Originally Posted by greekbum View Post
Is there a bracelet or just the watch head? Does the watch have all the paperwork,boxes,etc? There is a spread from what a dealer would pay and what you could expect to retail it at.
Yes, it has an oyster bracelet that's in pretty good shape as well. I had removed it for cleaning and to get the #s and don't have any good pics. It would be with the bracelet though. I believe he has all the original paperwork...not sure about the boxes.

Thanks for the guesstimates!


--Paul
__________________


"Whether we wake or we sleep, Whether we carol or weep, The Sun with his planets in chime,
Marketh the going of Time." --Edward Fitzgerald
ayecarumba is offline   Reply With Quote
Old 3 September 2009, 02:50 AM   #5
Dan Pierce
2024 Pledge Member
 
Dan Pierce's Avatar
 
Join Date: Dec 2006
Real Name: D'OH!
Location: Kentucky
Watch: Rolex-1 Tudor-3
Posts: 35,666
Can't help with the value but I love the ss engine turned bezel. Very nice example.
dP
__________________
TRF Member# 1668
Bass Player in TRF "AFTER DARK" Bar & NightClub Band
Commander-in-Chief of The Nylon Nation
The Crown & Shield Club
Honorary Member of P-Club
Dan Pierce is offline   Reply With Quote
Old 6 September 2009, 08:21 AM   #6
volkersports
Member
 
Join Date: Aug 2009
Location: Nevada
Posts: 132
Because of the scratches, etc, I think it would probably sell for around $1500 with the papers. It would run around $2000 if from a recognized dealer offering a guarantee.
volkersports is offline   Reply With Quote
Old 6 September 2009, 10:43 AM   #7
chriseskew24
"TRF" Member
 
chriseskew24's Avatar
 
Join Date: Sep 2008
Real Name: Christopher
Location: fort lauderdale
Watch: Bunches
Posts: 1,860
Realisticly between 1200 & 1500
chriseskew24 is offline   Reply With Quote
Reply


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

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Takuya Watches

Bobs Watches

My Watch LLC

OCWatches

DavidSW Watches

Coronet


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.