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Thread: Two Rolex Subs, one complete set one head only.

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  1. #1

    Two Rolex Subs, one complete set one head only.

    Two subs about the same age (early 2000s) and as near as dammit the same condition both with no service history.

    Sub one complete full set papers/boxes etc.

    Sub two head with bracelet only, no documentation, no boxes, no white tags etc.

    What would the difference in value be approximately ?

    Obviously we don't wear the box and papers so if being bought for a daily wearer does it make any difference ?

  2. #2
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    Quote Originally Posted by TheTigerUK View Post
    Two subs about the same age (early 2000s) and as near as dammit the same condition both with no service history.

    Sub one complete full set papers/boxes etc.

    Sub two head with bracelet only, no documentation, no boxes, no white tags etc.

    What would the difference in value be approximately ?

    Obviously we don't wear the box and papers so if being bought for a daily wearer does it make any difference ?
    About 15-20% of value IMO

  3. #3
    A lot depends on your personal opinion and the value you put on such stuff. For me, I prefer full sets and happy to pay the premium it comes with even if they are watches I intend to wear. I think for the example you give (assuming both trade or both private sales) I would think ) £1500 difference.

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    I don't know about anyone else but when I see an expensive modern watch being offered for sale with no box or papers, it always raises a question in the back of my mind whether it might have been nicked at some point. I haven't bought one, and think it might make me a bit uncomfortable doing so. I know there are databases and such but even so I'd always have a niggling thought.

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    Quote Originally Posted by Fullbreakfast View Post
    I don't know about anyone else but when I see an expensive modern watch being offered for sale with no box or papers, it always raises a question in the back of my mind whether it might have been nicked at some point. I haven't bought one, and think it might make me a bit uncomfortable doing so. I know there are databases and such but even so I'd always have a niggling thought.
    I can get your assumption.........But not always.

    A friend who was left some money from his Mother bought 2 Rolex watches,One for his Wife & himself(16610).Bought brand new from the Rolex dealer many years ago.I said Id buy it years ago if He ever wanted to sell,obviously the sentimental reasons meant He never would.I saw the full set too.Sadly 18 months ago he died after a fall(drink related).
    But months before this He mentioned he had misplaced the papers!.

    So it does and can happen.

    So maybe not always assume the worst.


  6. #6
    Master RJM25R's Avatar
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    Quote Originally Posted by Fullbreakfast View Post
    I don't know about anyone else but when I see an expensive modern watch being offered for sale with no box or papers, it always raises a question in the back of my mind whether it might have been nicked at some point. I haven't bought one, and think it might make me a bit uncomfortable doing so. I know there are databases and such but even so I'd always have a niggling thought.
    Quote Originally Posted by helidoc View Post
    I would agree with 15-20%, but nearly all that value is in the long expired original guarantee, rather than the box and peripherals.

    In terms of secure title to the watch, you can search the art loss register for £5 if you have the serial number. It’s not perfect, but I have done that with a private Chrono24 sale.

    D


    Sent from my iPhone using Tapatalk
    By coincidence I’m selling a 16610 and am reading this with interest.

    20 year old watches are seldom a complete set. Normal (non wis/collectors) people just didnt care about keeping stuff like we do, and something 20 years old can conceivably gone through several sets of hands/several house moves/been inherited perhaps. There’s plenty of the proverbial “triggers brooms” around (and papers have been known to be “re manufactured” shall we say…….

    I’ve put my watch up for £7100, which I think is a fair price with good provenance (although missing the original punched papers…..) but I can’t imagine a loose watch being offered for 20%/£1500 less….
    Last edited by RJM25R; 25th January 2024 at 15:41.

  7. #7
    Grand Master
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    20% is about right for no papers and 10% if it has recent (2 years) service papers.

    Box and silly tags deduct £150 max as that what a replacement would be
    RIAC

  8. #8
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    Quote Originally Posted by RJM25R View Post
    By coincidence I’m selling a 16610 and am reading this with interest.

    20 year old watches are seldom a complete set. Normal (non wis/collectors) people just didnt care about keeping stuff like we do, and something 20 years old can conceivably gone through several sets of hands/several house moves/been inherited perhaps. There’s plenty of the proverbial “triggers brooms” around (and papers have been known to be “re manufactured” shall we say…….

    I’ve put my watch up for £7100, which I think is a fair price with good provenance (although missing the original punched papers…..) but I can’t imagine a loose watch being offered for 20%/£1500 less….
    Your watch pre covid would have been in the post now at substantially more.
    All you say about other non wis owners is spot on & something only people such as us read far too much into for the reasons as to why not a full set.

    Great watch by the way at a very good price,but the very reason mine wont go on here for sale.

    Glwts


  9. #9
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    Quote Originally Posted by P9CLY View Post
    I can get your assumption.........But not always.

    A friend who was left some money from his Mother bought 2 Rolex watches,One for his Wife & himself(16610).Bought brand new from the Rolex dealer many years ago.I said Id buy it years ago if He ever wanted to sell,obviously the sentimental reasons meant He never would.I saw the full set too.Sadly 18 months ago he died after a fall(drink related).
    But months before this He mentioned he had misplaced the papers!.

    So it does and can happen.

    So maybe not always assume the worst.
    Quote Originally Posted by RJM25R View Post
    By coincidence I’m selling a 16610 and am reading this with interest.

    20 year old watches are seldom a complete set. Normal (non wis/collectors) people just didnt care about keeping stuff like we do, and something 20 years old can conceivably gone through several sets of hands/several house moves/been inherited perhaps. There’s plenty of the proverbial “triggers brooms” around (and papers have been known to be “re manufactured” shall we say…….

    I’ve put my watch up for £7100, which I think is a fair price with good provenance (although missing the original punched papers…..) but I can’t imagine a loose watch being offered for 20%/£1500 less….
    I wouldn't assume the worst, it'd just be a niggling doubt. Not sure it is even particularly rational, but it is a feeling I have.

  10. #10
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    Quote Originally Posted by tz-uk73 View Post
    A lot depends on your personal opinion and the value you put on such stuff. For me, I prefer full sets and happy to pay the premium it comes with even if they are watches I intend to wear. I think for the example you give (assuming both trade or both private sales) I would think ) £1500 difference.
    £1500 for no papers!...lol...imo £1500 lower for the same watch is just plain mad.If just your opinion on what you would be happy paying fair enough.
    If fact based then prove me wrong by showing any Rolex full set & same with NO papers for £1500 lower.
    I think we all know Rolex have gone only one way!....Down in value.
    When the opposite was true pre covid & everything else,it was always said Rolex are only going one way.....UP.
    Last edited by P9CLY; 25th January 2024 at 15:47.


  11. #11
    Quote Originally Posted by P9CLY View Post
    £1500 for no papers!...lol...imo £1500 lower for the same watch is just plain mad.If just your opinion on what you would be happy paying fair enough.
    If fact based then prove me wrong by showing any Rolex full set & same with NO papers for £1500 lower.Not that it would matter as Id not let it go for that much less anyway.
    I think we all know Rolex have gone only one way!....Down in value.
    When the opposite was true pre covid & everything else,it was always said Rolex are only going one way.....UP.
    I’d say for an early 2000 16610 it could be £7.25k watch only and £8.75k for a full set. Maybe a few hundred either way but hardly wildly out? Definitely not LoL wildly out?

    Also I see a few 20% above… isn’t that the same thing with £ sign?
    Last edited by tz-uk73; 25th January 2024 at 15:53.

  12. #12
    Master RJM25R's Avatar
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    Quote Originally Posted by tz-uk73 View Post
    I’d say for an early 2000 16610 it could be £7.25k watch only and £8.75k for a full set. Maybe a few hundred either way but hardly wildly out? Definitely not LoL wildly out?

    Also I see a few 20% above… isn’t that the same thing with £ sign?
    Depends on the pricing at the dealer. If it’s £10k (and I see a few dealers “full set, full kit, collector, investment blah blah”) at that price or above….

  13. #13
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    Quote Originally Posted by tz-uk73 View Post
    I’d say for an early 2000 16610 it could be £7.25k watch only and £8.75k for a full set. Maybe a few hundred either way but hardly wildly out? Definitely not LoL wildly out?

    Also I see a few 20% above… isn’t that the same thing with £ sign?
    100% agree at your values for full sets.But I dont agree,
    or maybe better saying wouldn't have assumed £1500 less minus papers alone.
    And with that your higher figure would see the full set 16610s sit gathering cobwebs as things are now and not be seen as a good buy at the £8750 you say.


  14. #14
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    Quote Originally Posted by P9CLY View Post
    £1500 for no papers!...lol...imo £1500 lower for the same watch is just plain mad.If just your opinion on what you would be happy paying fair enough.
    If fact based then prove me wrong by showing any Rolex full set & same with NO papers for £1500 lower.
    I think we all know Rolex have gone only one way!....Down in value.
    When the opposite was true pre covid & everything else,it was always said Rolex are only going one way.....UP.
    Two faded Pepsi 16700s.
    One complete. One watch only.
    3645k price difference.

  15. #15
    Master TKH's Avatar
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    B&P LV sold yesterday in need of some love but …

    https://watchcollecting.com/for-sale...riner-kermit-7

  16. #16
    Master helidoc's Avatar
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    I would agree with 15-20%, but nearly all that value is in the long expired original guarantee, rather than the box and peripherals.

    In terms of secure title to the watch, you can search the art loss register for £5 if you have the serial number. It’s not perfect, but I have done that with a private Chrono24 sale.

    D


    Sent from my iPhone using Tapatalk

  17. #17
    Master helidoc's Avatar
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    Two Rolex Subs, one complete set one head only.

    As I had an idle, and really quite unnecessary virtual wander round some trusted used Rolex dealers, I see that Mike Wood at www.theoldwatchshop.com has a lovely loose two line 14060M for £6995.

    D


    Sent from my iPhone using Tapatalk
    Last edited by helidoc; 30th January 2024 at 23:25.

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