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Old 27 July 2009, 05:15 PM
  #271  
GarethE
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Watches of Switzerland offered me 24 month interest free with a 20% deposit on the GMTIIc, which worked out at around £800 deposit and monthly repayments of around £150.

Personally I'd go down that route rather than take a chance with US shipment, especially as its a one off. The easy of purchase, peace of mind that I have an actual Rolex, and local AD support is worth more to me than the (possible) problems when saving a bit of cash from the States.

Gareth
Old 27 July 2009, 05:22 PM
  #272  
Deep Singh
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[QUOTE=GarethE;8846419]Watches of Switzerland offered me 24 month interest free with a 20% deposit on the GMTIIc, which worked out at around £800 deposit and monthly repayments of around £150.

Personally I'd go down that route rather than take a chance with US shipment, especially as its a one off. The easy of purchase, peace of mind that I have an actual Rolex, and local AD support is worth more to me than the (possible) problems when saving a bit of cash from the States.

Gareth[/QUOTE

Yes, but £800 is no small amount! If its bought at an AD in USA, sent fully insured what's the problem. No point having 0% interest if you can save £800.

So can someone confirm whether or not if a mate sends it as a gift its still liable for all taxes?

Thanks
Old 27 July 2009, 05:24 PM
  #273  
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Yes it is.

And if he does not pay them it will be held by the courier until the taxes are paid or the goods are returned.

PS Don't you believe Nat?
Old 27 July 2009, 05:41 PM
  #274  
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DS - thats what I'm getting at ... of course £800 is no small amount, BUT you won't save £800 if you get caught for the import duty/VAT.

Then you end up paying more or less the same price, without all the safeguards/guarantees and peace of mind that your local AD offers. If Alan is prepared to take a gamble and knows the risks then buy from the US and come back and gloat to me about how much he saved .

Personally, I'd be in WoS in the morning, and wearing the watch an hour later. Of course thats my opinion, and I understand that others will see differently.
Old 27 July 2009, 05:50 PM
  #275  
Deep Singh
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No, I agree, I misunderstood and didn't see that Nat had mentioned that.Of course I believe him. He may dress like a woofty and date ladyboys, but he knows his watches.LOL)
Old 27 July 2009, 05:51 PM
  #276  
Deep Singh
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I suppose the only way would be if somebody was coming over from the states and wore the watch?
Old 27 July 2009, 06:35 PM
  #277  
Scooby Hoo?
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Originally Posted by Deep Singh
I suppose the only way would be if somebody was coming over from the states and wore the watch?

Have known purchasers that have bought there Rolex's in the USA while on holiday. The watch is worn when returning back to the UK. But the box outer sleeve and receipt have been posted back to avoided being found in there luggage by customs.

It is Rolexs policy to protect their product and plans are afoot to ensure costs being the same worldwide.

If you wish to save the flight money then order your watch from Dubia Airport and collect on arrival even steel Daytonas and have a beach break thrown in.

However your better investing your money in vintage second hand steel subs/gmts/milgauss/cosmograph/explorer.
First year of release Green Bezel Sub is a good future buy

A grade "A" (9-10) 1966 Boxed Submariner 5513 purchase 5 years ago for £1500 are hitting £3200-3800 in the UK and up to £5200 in New York.
Doesn't take much to work that one out.

PS been waiting for my steel Daytona for five years and have just been told I'm nexted on the list, they cost £3200 when I paid my deposite. A bit more now
Old 27 July 2009, 07:13 PM
  #279  
Alan C
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Originally Posted by GarethE
If Alan is prepared to take a gamble and knows the risks then buy from the US and come back and gloat to me about how much he saved .
Though the gloating is very tempting, I'm not prepared to take that risk. Maybe being over there on business and wearing it back does sound like an option I would be prepared to take. Especially with the availability of independent watch makers to fix the watch IF something happened to the watch within warranty (not unheard of but rare) and I was unable to get it back to Rolex themselves....

The Goldsmiths & WoS 0% is most likely the best way to get a watch today... £800 isn't a problem (in relative terms to what the value is of course) as a deposit and the outlay is a no brainer as I'll actually make interest leaving the cash in the BS.

Just have to test them out with regards to discounts...

As for that Grade A boxed sub; I think we've seen the last of the massive hikes in costs surely? It can't be sustained by a single watchmaker that's making 30% over on a premium name...

Like houses, those getting in on the act several years ago are the ones reaping the benefit.

That's not to say it'll crash. But who knows what lies around the corner!! One lot of bad press.... and .......

But I'm not buying it to be an investment.. I'm no avid collector, but will be a keeper (hence me taking my time). My Speedmaster & Carbon & Ti Oris will most likely be sold or handed to my lad... they can fight over whatever the Rolex is worth in 40+ years time...
Old 27 July 2009, 07:17 PM
  #280  
Alan C
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Originally Posted by Nat
I'm in the same boat with the Steel 116520. I hate the new design though with the engraved rehaut so will just sell it now when i get it
A real shame... after some thought, and the fact that I feel they are way overpriced (again, I'm not on a 'look at me trip', I've steered away from the Daytona...
Old 27 July 2009, 07:39 PM
  #282  
Deep Singh
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A vintage rolex sounds appealing. Something I could wear on special occassions only (kept in safety deposit box rest of time) and could be a real heirloom to pass onto the kids.

If only I had the first clue about them to actually do it! LOL

How about the ones that are described as the original james bond ones?
Old 27 July 2009, 08:53 PM
  #285  
Deep Singh
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Thanks, the 6538 could be a contender if its a dead cert (as much as anything in life is)

Usual investment classes are not worth looking at at the moment (maybe equities, but this could still be a bear market rally)

I have a mate who would love a punt, maybe we could split it.

Or shall I go the whole hog and buy a Paul Newman cosmograph? Can somebody give me a poytted history of that watch ie how many made, origoinal rrp and how the price has gone up over the years.

Thanks
Old 27 July 2009, 09:04 PM
  #286  
Alan C
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Sorry mate, not so much as a potted history, more a cut & paste. But not too long..

Get you self over to The Rolex Forum... You'll get potted as well as detailed historical refernces...

This one isn't my cup of tea as there's too much watch face 'real estate' wasted at the top. Makes it too creamy for me, but I can appreciate it for it's value and history..

From the Daytona Forum:

While all versions of the Daytona with contrasting registers have become 'known' as Paul Newmans, some would argue that the only true Paul Newman models are described as follows: The 6239 and 6241 case numbers, manual wind, stainless steel non-Oyster cases, non-screw-down pushers, and pre-Triplock crown, with either the black dial with white registers, or the cream white dial with black registers--featuring square markers and crossed subdials.


Cream Dial Paul Newman Daytona: (Courtesy jac67; photo by Gedanken)

Wikipedia:

By far the most rare of the original Rolex Daytona watches, in fact rarest of all Daytonas, are those with the so-called "Paul Newman" dial. The Paul Newman dial was an option available from Rolex for a limited time during production of these original Daytonas. It is considered an "exotic" dial. The appearance differences between a Paul Newman dial and a normal Daytona dial of the time are subtle and may pass without notice to the untrained or hurried eye. On closer inspection, the Paul Newman dial is distinct from a normal Daytona dial and if one knows what to look for, one can easily and quickly tell a Paul Newman dial from a normal Daytona dial. First, to be authentic, a Paul Newman dial must be in a Reference 6239, 6241, 6262, 6263, 6264 or 6265 watch, installed by Rolex Geneva as original. All of these References had acrylic domed crystals. Once this simple provenance has been determined, the easiest visual way for the layman to determine a Paul Newman dial from a normal Daytona dial is in the sub-dials (the dials that are the opposite or contrasting color of the main dial). The sub-dials of a Paul Newman dial will have block markers instead of lines, will have crosshairs across each sub-dial meeting at centre (the normal Daytona dial does not), and the minutes sub-dial placed at 9:00 is marked at 15, 30, 45 and 60, whereas a normal Daytona dial is marked at 20, 40 and 60. A Paul Newman dial may or may not have the word "Daytona" written on the dial above the hour sub-dial located at 6:00. The Paul Newman dial came in four color and layout combinations, and was installed as an option by Rolex on the Daytona line of watches in the Reference 6239, 6241, 6262, 6263, 6264 or 6265 watches. There are a number of other differences between a normal Daytona dial and a Paul Newman dial that a knowledgeable collector will be aware of to determine authenticity. The Paul Newman dial has been out of production for some time now, probably since the early 1970s, and Rolex is not able to supply any replacement version of it.

Last edited by Alan C; 27 July 2009 at 09:19 PM.
Old 27 July 2009, 09:06 PM
  #287  
Alan C
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Originally Posted by Nat
I'm also close to finishing building (lol, having built, i'm too ham fisted) a 16520 with an El Primero movement i picked up and genuine Rolex parts for the rest of the watch as well as a 6263 with a Valjoux 72 movement i picked up and again genuine Rolex parts for the rest of the watch...
Is this only one you've built / restored or do you sell any on?
Old 27 July 2009, 09:12 PM
  #288  
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Originally Posted by Deep Singh
A vintage rolex sounds appealing. Something I could wear on special occassions only (kept in safety deposit box rest of time) and could be a real heirloom to pass onto the kids.

If only I had the first clue about them to actually do it! LOL

How about the ones that are described as the original james bond ones?
As seen in Dr No.
Rolex professional range where made to be worn and not put in boxes although there value could preclude you from wearing it on a building site as I did with mine for over 20 years. The cost of a new bracelet suddenly made it an after work watch. But I no longer get dirty for a living and ware it most of the time except when it's resting at Rolexs service center at Bexley.
All Rolexs work better if kept wound all the time, think about a winding box if you intend to keep it in a safe.

Daytonas will change but at least it's an all Rolex movement since 2000. But the more they change, the lower the model run, meaning the more sort after each model becomes.

Rolex wont invest the money needed to meet the demand for the Daytona incase they start to over produce and have millions of pounds worth of tooling
standing ideal. As was the case with the 1960-70s Milgauss, whos cases had to be used in submariners, these are rare. So in the mean time we just have to wait or pay a premium.
Old 27 July 2009, 09:25 PM
  #290  
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Alan C your turning into a Rolex anorak just like me.
I have a close friend that has that same Paul Newman model.
And to think that in 1973 a certain car dealer in West London was offering a free Daytona with every Lamborghini Countach.
How sad am I.
Old 27 July 2009, 09:32 PM
  #291  
Alan C
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By far the best review of a Sub I've ever seen... Cool.

Rolex Mens Submariner 16610 Watch review by WSTVW_RNR, consumer reports & videos
Old 27 July 2009, 09:34 PM
  #292  
Alan C
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Scooby... check out the review below... you aint seen nothing yet regarding anoraks...

Last edited by Alan C; 27 July 2009 at 09:36 PM.
Old 27 July 2009, 09:47 PM
  #293  
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i may have to change the batteries
Old 27 July 2009, 09:55 PM
  #294  
Deep Singh
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Originally Posted by Scooby Hoo?
As seen in Dr No.
Rolex professional range where made to be worn and not put in boxes although there value could preclude you from wearing it on a building site as I did with mine for over 20 years. The cost of a new bracelet suddenly made it an after work watch. But I no longer get dirty for a living and ware it most of the time except when it's resting at Rolexs service center at Bexley.
All Rolexs work better if kept wound all the time, think about a winding box if you intend to keep it in a safe.

Daytonas will change but at least it's an all Rolex movement since 2000. But the more they change, the lower the model run, meaning the more sort after each model becomes.

Rolex wont invest the money needed to meet the demand for the Daytona incase they start to over produce and have millions of pounds worth of tooling
standing ideal. As was the case with the 1960-70s Milgauss, whos cases had to be used in submariners, these are rare. So in the mean time we just have to wait or pay a premium.
Thanks Scoobyhoo, but I'm a bit confused. Are you saying that a daytona will prove a future good investment? But the gold and silver mix ones are available slighly used at less than rrp. The SS daytona still commands a premium but they are hardly rare, I myself
Know 3-4 people who have them, so I don't see the rarity or the history behind them that would make them collectable

Thanks for your help
Old 27 July 2009, 09:58 PM
  #295  
Alan C
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Originally Posted by Nat
I'm building these for myself. The 16520 would cost £7k to buy and the 6263 between £20-40k. I'm wasn't going to pay that. They're costing about £1.5-2k each to build. Shows the true value versus the market value. I picked up the movement for the 6263 (Valjoux 72, Rolex called it the 727) for £300 and the El Primero movement from a crappy Movado for £500. There are plenty of dials, handsets, crowns, tubes, bracelets, crystals, bezels and pushers around. It's finding the cases that is hard and a watch smith to build them of course.
Man. I envy your ability to source the parts and time to put one together. That'll be a fantastic sense of achievement once it's done. I'd appreciate some pictures once complete!

Shame you can't built a IIc for the same price and sell it on for a 100% markup on the prices above... You'd have me as your first customer...
Old 27 July 2009, 10:16 PM
  #296  
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I know that customs cannot examin every package but an empty rolex box might be considered suspicious?
Anyone done this trick from the States?
Old 27 July 2009, 10:21 PM
  #297  
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Originally Posted by thesyn
I know that customs cannot examin every package but an empty rolex box might be considered suspicious?
Anyone done this trick from the States?
You can purchase the boxes on there own from US so it's not unusual
Old 27 July 2009, 10:33 PM
  #298  
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Originally Posted by Scooby Hoo?
You can purchase the boxes on there own from US so it's not unusual
Now that is interesting.
I'm off to NYC next month.
Anyone any thoughts on the deepsea as a long term buy used at $7.5-8k?
Old 27 July 2009, 10:36 PM
  #300  
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I have read this thread here and there, and have decided that Deep Singh can be so funny, even when he has quite a boring job of a doctor He cracked me up a few times on this thread I enjoyed reading his logical, and far from arrogance justifications for his opinions on this thread. It has been a good entertainment to see Deep Singh's and Nat's repartee

Well done to you both

Last edited by Turbohot; 27 July 2009 at 10:45 PM.


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