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Thread: LV Submariner

  1. #1

    LV Submariner

    I saw these on a website. All the same model and all the same year. One has no box or papers but is listed with 23 months warranty.
    How would their value be over £8k apart ?


    SUBMARINER
    16610 LV
    £15,950
    13 YEARS (2004)
    N/A

    ADD TO BASKET
    ROLEX
    SUBMARINER
    16610 LV
    £8,750
    13 YEARS (2004)
    N/A

    ADD TO BASKET
    ROLEX
    SUBMARINER
    16610 LV
    £7,550
    APPROX. 13 YEARS
    23 MONTHS

  2. #2
    Master
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    Flat 4 bezel and y series (or whatever the actual 50th anniversary first run was) for the big bucks would be my guess.

    Warranty is probably from a Rolex service.

  3. #3
    Full set at £7500 isnt going to be available for much longer. The prices will rise a little more, and then I’d expect to stabilise. The price of sine current model sport Rolex seems to be pushing the prices of older models much higher.
    It's just a matter of time...

  4. #4
    Condition, originality and completeness generally tend to influence the pricing, no?

  5. #5
    Master
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    These have become so expensive. When I got my nos example for $6500, that seemed crazy. At current prices, I'm not a buyer.

  6. #6
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    Quote Originally Posted by JP Chestnut View Post
    These have become so expensive. When I got my nos example for $6500, that seemed crazy. At current prices, I'm not a buyer.
    Likewise (other than having one). You have to wonder how many actually sell at these prices. I'd love one, but not at these prices, plenty of great alternatives for much less. I'd rather just do the "unthinkable" and stick an aftermarket bezel on a regular sub.

  7. #7
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    Quote Originally Posted by scrog10 View Post
    I saw these on a website. All the same model and all the same year. One has no box or papers but is listed with 23 months warranty.
    How would their value be over £8k apart ?


    SUBMARINER
    16610 LV
    £15,950
    13 YEARS (2004)
    N/A

    ADD TO BASKET
    ROLEX
    SUBMARINER
    16610 LV
    £8,750
    13 YEARS (2004)
    N/A

    ADD TO BASKET
    ROLEX
    SUBMARINER
    16610 LV
    £7,550
    APPROX. 13 YEARS
    23 MONTHS
    If the website is Chisholm Hunter then it would be worth searching previous flat 4 threads...

  8. #8
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    Quote Originally Posted by hafle View Post
    Likewise (other than having one). You have to wonder how many actually sell at these prices. I'd love one, but not at these prices, plenty of great alternatives for much less. I'd rather just do the "unthinkable" and stick an aftermarket bezel on a regular sub.
    I still want an equally overpriced 14060m. It's a sickness.

  9. #9
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    Quote Originally Posted by hafle View Post
    Likewise (other than having one). You have to wonder how many actually sell at these prices. I'd love one, but not at these prices, plenty of great alternatives for much less. I'd rather just do the "unthinkable" and stick an aftermarket bezel on a regular sub.
    IIRC one went on SC a few months ago for a little under 8K and didn't hang around. I have one and have considered selling, however, I know that if I sold it I would probably never own one again due to the inflated prices at the moment.

  10. #10
    Master
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    Prices are crazy for these I’m going to sell mine in the next few weeks along with a few others watches I think

  11. #11
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    I would like to own one but they are getting very expensive .
    If anyone is selling one for under 7k let me know.

  12. #12
    Master
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    Quote Originally Posted by Sahara View Post
    I would like to own one but they are getting very expensive .
    If anyone is selling one for under 7k let me know.
    I think you will struggle now to find one to be honest.

  13. #13
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    Quote Originally Posted by scrog10 View Post
    I saw these on a website. All the same model and all the same year. One has no box or papers but is listed with 23 months warranty.
    How would their value be over £8k apart ?


    SUBMARINER
    16610 LV
    £15,950
    13 YEARS (2004)
    N/A

    ADD TO BASKET
    ROLEX
    SUBMARINER
    16610 LV
    £8,750
    13 YEARS (2004)
    N/A

    ADD TO BASKET
    ROLEX
    SUBMARINER
    16610 LV
    £7,550
    APPROX. 13 YEARS
    23 MONTHS
    Who's selling the one at £7,550?
    Thanks

  14. #14
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    One on sales corner just now at £7850

  15. #15
    Master
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    Quote Originally Posted by Sahara View Post
    Who's selling the one at £7,550?
    Thanks
    Could safely bet it’s without B n P

  16. #16
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    Quote Originally Posted by Hooshabak View Post
    Could safely bet it’s without B n P
    Best not to give gambling a go ;)

  17. #17
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    Quote Originally Posted by Hooshabak View Post
    Could safely bet it’s without B n P
    No politics allowed on watch talk.

  18. #18
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    Quote Originally Posted by Loupe View Post
    One on sales corner just now at £7850
    Last edited by Sahara; 5th May 2019 at 10:49.

  19. #19
    Master
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    I sold my full set Z serial in April for 7k on SC
    I thought that was a fair price.

  20. #20
    All the watches I listed were at the same dealer. Watchfinder. Which just makes it even more confusing.
    If only we could sell our watches for the prices they ask on some of their stock.

  21. #21
    Master golfg60's Avatar
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    The one sold on sc yesterday was a full set and had a service
    Still under warranty and sold for £7850

  22. #22
    Quote Originally Posted by golfg60 View Post
    The one sold on sc yesterday was a full set and had a service
    Still under warranty and sold for £7850
    Not a Rolex service and in terms of an LV full set, not quite. It was missing the hang tag which is extremely important as others have said early LVs had no model designation on the papers, only on the hang tag. This is why the hang tag is so important to collectors on this model.

  23. #23
    Grand Master Wallasey Runner's Avatar
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    Quote Originally Posted by Yeti View Post
    Not a Rolex service and in terms of an LV full set, not quite. It was missing the hang tag which is extremely important as others have said early LVs had no model designation on the papers, only on the hang tag. This is why the hang tag is so important to collectors on this model.
    So is it possible just to change the insert from black to green on a normal Sub and try and pass it off, where the dials identical?

    What about the lugs and the caseback, anything there to help?

  24. #24
    Master TKH's Avatar
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    Quote Originally Posted by Wallasey Runner View Post
    So is it possible just to change the insert from black to green on a normal Sub and try and pass it off, where the dials identical?

    What about the lugs and the caseback, anything there to help?
    Would also require a dial swap as LV has Maxi plots

    Great watches

  25. #25
    Grand Master Wallasey Runner's Avatar
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    Quote Originally Posted by TKH View Post
    Would also require a dial swap as LV has Maxi plots

    Great watches
    Well if that's the case the hang tag isn't everything. Nice to have, but not essential to prove etc

  26. #26
    Quote Originally Posted by Wallasey Runner View Post
    Well if that's the case the hang tag isn't everything. Nice to have, but not essential to prove etc
    No but we are talking in the context of a full set. A full set to a collector is everything as it left the shop. I'd say on this model it is a huge bonus to have the original hang tag with model number. Not essential, but big brownie points for your watch's provenance.

  27. #27
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    Agee that that one wasn't quite a full set without the hang tag

  28. #28
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    Good money for non Rolex service and no hang tag, these have really risen in price .
    Glad I have some!

  29. #29
    Quote Originally Posted by Loupe View Post
    Good money for non Rolex service and no hang tag, these have really risen in price .
    Glad I have some!
    So have the regular 16610s.

    That price seemed quite fair given that it's a distinctive and far-rarer version of what's already a perfected all-around watch. And don't forget that much of the apparent price rise in the UK market is directly correlated to how much the GBP has fallen lately.

  30. #30
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    Quote Originally Posted by Belligero View Post
    So have the regular 16610s.

    That price seemed quite fair given that it's a distinctive and far-rarer version of what's already a perfected all-around watch. And don't forget that much of the apparent price rise in the UK market is directly correlated to how much the GBP has fallen lately.
    Yes it seems they all have risen in price. I sold a full set F serial for £4500 3 years ago and that was a fair price to both.
    £1k a year is a good increase, I must ask him if he wants to sell and turn a profit!

  31. #31
    Master TKH's Avatar
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    I think all LV’s post 2006 with plastic card instead of papers are marked 16610 LV mine is

    So swing tag not massively relevant post 2006 ?

  32. #32
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    Quote Originally Posted by TKH View Post
    I think all LV’s post 2006 with plastic card instead of papers are marked 16610 LV mine is

    So swing tag not massively relevant post 2006 ?
    I think that is correct.

  33. #33
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    I would say the one on SC was asking strong money for non Rolex service(if that was the case) and swimpruf tag missing.
    Pretty much dealer money.

  34. #34
    Quote Originally Posted by Hood View Post
    I would say the one on SC was asking strong money for non Rolex service(if that was the case) and swimpruf tag missing.
    Pretty much dealer money.
    Pretty much going rate/ starting price anywhere for a non-rehaut set LV is £7.5k though. I bet they will be a £10k watch before too much longer - just look at the new prices of some models, a BNLR is looking like a similar price from a dealer, and make less sense to me.
    It's just a matter of time...

  35. #35
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    From an investment perspective, would the non rehaut engraved watches be more or less collectable than the engraved version? Naturally the early ones with the flat 4 are the ones to have, but those aside, does it matter?

    Personally I prefer the non engraved rehaut
    Last edited by DJL-73; 7th November 2017 at 15:41.

  36. #36
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    Quote Originally Posted by DJL-73 View Post
    From an investment perspective, would the non rehaut engraved watches be more or less collectable than the engraved version? Naturally the early ones with the flat 4 are the ones to have, but those aside, does it matter?

    Personally I prefer the non engraved rehaut
    At this point it's personal preference. I too prefer the cleaner non-engraved watches. I'm sure some enterprising dealer will corner the market on some variant and then pump them up as the "must have" version.

    I preferred, and bought, a non-engraved watch with the darkest green insert I could find. I've never liked the earlier lime green inserts, and I have zero interest in having a modern watch with an impossible to replace bezel insert.

  37. #37
    Quote Originally Posted by DJL-73 View Post
    From an investment perspective, would the non rehaut engraved watches be more or less collectable than the engraved version? Naturally the early ones with the flat 4 are the ones to have, but those aside, does it matter?

    Personally I prefer the non engraved rehaut
    Yes. I think so, and like covered by JP, the insert colour was just a little nicer too. I a first credit card warranty one that is still without the rehaut, alongside an earlier serial version - so maybe I have a vested interest, or the kids Uni fees might prefer a higher resale for them in years to come ;)
    It's just a matter of time...

  38. #38
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    Quote Originally Posted by Omegamanic View Post
    Pretty much going rate/ starting price anywhere for a non-rehaut set LV is £7.5k though. I bet they will be a £10k watch before too much longer - just look at the new prices of some models, a BNLR is looking like a similar price from a dealer, and make less sense to me.
    Yeh
    When I meant dealer prices Haywood had one at just shy of 8k with a new Rolex service and a full set.
    I love them and think you're right when you compare to BLNRs or SD43.

  39. #39
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    The different shades of green are clearly visible in this pic.




    Sent from my iPhone using TZ-UK mobile app

  40. #40
    Grand Master oldoakknives's Avatar
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    Quote Originally Posted by Sahara View Post
    I would like to own one but they are getting very expensive .
    If anyone is selling one for under 7k let me know.
    Saw a bimetal sub today at £7900 in blue, nice looker if that interests anyone. John Bull in Bedford. '07 watch I think.
    Ian

  41. #41
    It is the best Rolex sports watch from the last generation. I'd say it trumps the current generation too

    Vested interest? Possibly. Wife wears mine and I have a BNIB v serial. But they'd be the last watches I sell

  42. #42
    Grand Master Wallasey Runner's Avatar
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    Quote Originally Posted by Sahara View Post
    I would like to own one but they are getting very expensive .
    If anyone is selling one for under 7k let me know.
    Here's one...

    https://www.watchcentre.com/product/...-16610lv/14235

  43. #43
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    Quote Originally Posted by Wallasey Runner View Post
    It's sad to see such a new watch with such a mangled case. I wish people would get away from polishing watches. Few people are capable of doing a good job.

  44. #44
    Grand Master Wallasey Runner's Avatar
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    Quote Originally Posted by JP Chestnut View Post
    It's sad to see such a new watch with such a mangled case. I wish people would get away from polishing watches. Few people are capable of doing a good job.
    It's obviously had a hard life, the insert is heavily scratched - hence why it's cheap. Watchfinder have a flat four listed, I won't spoil the surprise of the price.

  45. #45
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    Quote Originally Posted by Wallasey Runner View Post
    It's obviously had a hard life, the insert is heavily scratched - hence why it's cheap. Watchfinder have a flat four listed, I won't spoil the surprise of the price.
    The price is at the start of this thread init?

  46. #46
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    Forgive me... I'm new.

    So I know I need to earn my right to view SC, but can I issue an WTB? I am on the lookout for a LV in mint condition with box and papers. £8k.

  47. #47
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    Quote Originally Posted by Jlynch1984 View Post
    So I know I need to earn my right to view SC, but can I issue an WTB? I am on the lookout for a LV in mint condition with box and papers. £8k.
    V naughty

  48. #48
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    Quote Originally Posted by Jlynch1984 View Post
    So I know I need to earn my right to view SC, but can I issue an WTB? I am on the lookout for a LV in mint condition with box and papers. £8k.
    You can pay to skip the wait.

  49. #49
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    How. ?

  50. #50
    I know this isn’t a logical hobby - but I thought £3000 was a lot when I bought mine out of a shop window brand new. Sold it for a decent profit after 7 years because I could never get on with the combination of the green bezel and black dial - just not a good colour combo imho. These were never all that rare, or hard to find - the whole market is a bit ‘emperors new clothes’ isn’t it?


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