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TimeTechTalk.com > Time Tech Talk > Time Talk > Vintage Rolex and a good reason why Rolex is what it is. |
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TimeTechTalk.com > Time Tech Talk > Time Talk > Vintage Rolex and a good reason why Rolex is what it is. |
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| Vintage Rolex and a good reason why Rolex is what it is. | Rate Topic |
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| Posted: Sun Dec 5th, 2010 11:45 am |
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1st Post |
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oagaspar Site Founder 
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came across this eBay addy on another forum and in lieu of Chris/OldeCrows vintage mod homage he made recently I thought to share....what a great story behind the watch and yet another vintage Rolex bringing in the big bucks! http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=120652944121
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| Posted: Sun Dec 5th, 2010 12:05 pm |
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2nd Post |
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Hammerfjord Moderator 
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The buyer should be a very rich, extreme fanatic of Rolex... Then to resell that: Good luck. There's so much things for this price...So much more advanced pieces of real art in the watch world. Not for me even I had the money. I give 1000buks for it 
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| Posted: Sun Dec 5th, 2010 12:35 pm |
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3rd Post |
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oagaspar Site Founder
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agreed Will not something I would buy but to a Rolex aficionado this 5510 with red triangled/pip,big crown(no crown guards) no-date model only made in 1958 with the 1530 movement would be a rare find,especially in this condition...the story behind the watch may seem a bit fishy or maybe too perfect imo....where he bought the watch and was stationed in the Marshall Is. ...halfway between Hawaii and Austraila and if you wonder why this means something it may mean that this watch may not only be a rare 5510 but also that it may have been an Australian military issue,thus the red triangeld pip...not 100% sure on that but possible... I would like to think everything about this watch is true and both parties will be totally satisfied in the end...
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| Posted: Sun Dec 5th, 2010 01:18 pm |
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4th Post |
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Paxman 3T WIS 
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William, there is much to be learned from and appreciated in WIStory. There are of course many more advanced and complex modern movements and constructions but we all must appreciate the what has come before. After all some of the most complex and expensive timepieces of our era employ the toubillion which dates from 1795. For many the history and relative scarcity of a humble timepice make it most desirable. This sub appears to have a traceable provenance and limited availability. But like Oscar said everything seems too perfect. Having said that it would be sketchy at best to spend the now $63K on something from the Bay. Is this watch worth $63K? Well apparently so... 
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| Posted: Sun Dec 5th, 2010 02:54 pm |
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5th Post |
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Hammerfjord Moderator
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Marc, when I speak about better pieces, I don't specialy mean new pieces: 1958 is not so far ago, the 1530 movement isn't a huge achievement either. Here's one for under 3000buks: http://cgi.ebay.com/Genuine-Rolex-Explorer-1530-Movement-Dial-Vintage-RARE-/300457467794?pt=LH_DefaultDomain_0&hash=item45f4a91f92#ht_500wt_1156 The guy even don't show the state of the movement: With all the diving he had with it so late in the watche's life, it may be all rusted... I observed a while ago an original Egiziano Panerai(one of 56 pieces ever made for the Egyptian navy in the 50's): Still here but way out of line http://cgi.ebay.com/Panerai-GPF-2-56-Vintage-Egyptian-Angelus-8-Day-/350329450974?pt=Wristwatches&hash=item51914331de#ht_1420wt_905 At list, the fact that only 50 pieces was ever made, can justify the very high price...? Even the movement is a basic(for this time) Angelus 240. When you are about to put 63000 in a watch: There's older, better mech, rarer pieces... That's what I mean. Last edited on Sun Dec 5th, 2010 03:10 pm by Hammerfjord |
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| Posted: Sun Dec 5th, 2010 04:56 pm |
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6th Post |
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hucky 3T WIS 
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Id rather invest in Property! Better Return $$$ Cheers
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| Posted: Sun Dec 5th, 2010 07:46 pm |
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7th Post |
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murphy j 3T WIS 
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I think those old subs are really cool. The fact that there are so few of them contributes greatly to there value and, I believe, were a huge part of the success of Bill Yao's Kimgston. As to the sellers story, well..... for me it has a ring of truth about it. If it's not true then they should be a professional writer. I hope whoever the buyer is they get a great watch.
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| Posted: Sun Dec 5th, 2010 08:30 pm |
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8th Post |
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Nabco 3T WIS 
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Interesting, it looks like the last two bids were withdrawn,,,there were 39 bid, now 37 and the price went down 
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| Posted: Sun Dec 5th, 2010 09:15 pm |
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9th Post |
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mcwright Admin 
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$31,011 with about an hour to go.
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| Posted: Sun Dec 5th, 2010 09:24 pm |
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10th Post |
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Nabco 3T WIS
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Now it's down to 35 bidders...what's going on
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| Posted: Sun Dec 5th, 2010 10:24 pm |
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11th Post |
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oagaspar Site Founder
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Nabco wrote: Now it's down to 35 bidders...what's going onread the 4 pages of questions and answers on this sale....it's pretty amazing how many WIS are watching this sale...not all are convinced however of his story and quite honestly I think my original suspicion is right on...no papers,no verification and the story is too perfect and just doesn't pan out as far as current age and his story timeline...could be an original Rolie and I surely hope whoever wins it will make sure to authenticate before paying... 
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| Posted: Sun Dec 5th, 2010 10:32 pm |
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12th Post |
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Nabco 3T WIS
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Yeah, a lot of interesting questions...$66,100 WOW
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