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Thread: a little advice regarding Steinhart OVM please.

  1. #1
    Craftsman
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    a little advice regarding Steinhart OVM please.

    Hi.

    A few years ago, I bought the OVM, new, direct from Steinhart.

    I can't remember how much I paid but I'm pretty sure it wouldn't have been more than £350 at the most.

    I need to sell and having never flipped a watch before and knowing nothing other than second hand ones at the time weren't worth bothering with as they held their price well, I went on Ebay to try and get a feel for the asking price.

    Imagine my surprise when I find just 2 for sale, 1 of which is over £600 and the other £700.

    Why would this be?

    They both make references to it being a rare and hard to find watch, but that's stretching it in the extreme in my opinion. Or am I missing something?

    To be honest I'm wishing I'd paid more attention to second hand market prices as my other watch I'm selling is a Mido Commander chronograph which is hard to price as well. The only other example I can find anywhere is over £700 and again, I'm not sure that is realistic, although that one is easier from a personal perspective as I bought it on the forum for what I thought was a fair price and if I sold it on in this way I'd return the favour.

    Any thoughts, particularly with regards to Steinhart would be appreciated.

  2. #2
    Grand Master markrlondon's Avatar
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    Steinhart: Very desirable watches, RRPs are very good prices in today's market, and they go out of stock all the time. Thus people are willing to pay high prices to get one now, even second hand.

  3. #3
    Journeyman adamch66's Avatar
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    Quote Originally Posted by coldwarkid View Post
    Hi.


    Imagine my surprise when I find just 2 for sale, 1 of which is over £600 and the other £700.

    Why would this be?
    Hi,

    I bought a v2 OVM earlier this year from Chronomaster. Didn't bond with it, so flipped it on eBay for pretty much what I paid for it.

    However, if you have a 1st gen OVM then these are more sought after - they have a black dial and 200m WR on the face. These are the models demanding more £. So if you're a lucky chap and want to sell, then make sure you advertise it as a v1

    Good luck!

    Adam

  4. #4
    Craftsman
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    Oh. Great.

    Mine must be v1 then, as it is a black face (I thought they all were), with 200m written on the dial.

    I like the watch and I'm still hoping I won't need to sell in the end but if I'm being honest, the 200m written on the front is a bit of a turn off for me. It's actually 300m resistance and just has 200m to ape the watch it's a homage to.

  5. #5
    Grand Master RustyBin5's Avatar
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    Those 2 you see listed are a bit cheeky in their price. Typically £525 would be more realistic


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  6. #6
    Grand Master Wallasey Runner's Avatar
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    Chancers do list the Mark 1 on e-bay at £700+, but they don't sell - that is just crazy money.

    I think you could get a Mark 1 between £350 and £450.

    There is a nice Gnomon limited edition military on e-bay at present and not over Priced at £550.00. If the seller would take £475.00 I think it would be a great deal, especially with the domed acrylic crystal.

  7. #7
    Master
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    Unless it's in ropey condition, these typically reach £450+. As mentioned, the high figures you've seen are extremely optimistic.

    Sent from my A0001 using Tapatalk

  8. #8
    Master ordo's Avatar
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    Sounds like what the first gen Seiko Monsters go for on the market...

  9. #9
    Craftsman
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    Well played for doing your homework. It always pays off. I sold a mint 1 year old CWC SBS for £200 a couple of years ago because I didn't realise how sought after they were. A lesson learned the hard way!


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  10. #10
    Grand Master RustyBin5's Avatar
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    There's an OVM mk 1 for sale on German ebay. Ebay.de for €390 with scratches bezel


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  11. #11
    Grand Master Wallasey Runner's Avatar
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    Quote Originally Posted by RustyBin5 View Post
    There's an OVM mk 1 for sale on German ebay. Ebay.de for €390 with scratches bezel


    Sent from my iPhone using Tapatalk
    You can still buy a new insert for £15 delivered in a few days, sounds like a bargain at €390.

  12. #12
    Grand Master Wallasey Runner's Avatar
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    Serves me right for opening my mouth. I had noticed that the guy on e-bay selling the Gnomon limited edition military had reduced it to £500 or best offer. I was going to go in later and offer him £450 only to find that it has just been sold for £450.

    A great deal for someone - I hope it was someone on here.

    Here's another stunning deal for anyone looking for a Mark 1 Vintage Red.

    That is a really good price and buy now - it won't be there for long.

    http://www.ebay.co.uk/itm/Steinhart-...kAAOSwNZtZx3Vr

    Good deals do turn up. e-bay are having a free listing day with £1 end fee, so keep an eye out everyone, loads of stuff has been listed today.
    Last edited by Wallasey Runner; 24th September 2017 at 16:08.

  13. #13
    Grand Master RustyBin5's Avatar
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    Quote Originally Posted by Wallasey Runner View Post
    Serves me right for opening my mouth. I had noticed that the guy on e-bay selling the Gnomon limited edition military had reduced it to £500 or best offer. I was going to go in later and offer him £450 only to find that it has just been sold for £450.

    A great deal for someone - I hope it was someone on here.

    Here's another stunning deal for anyone looking for a Mark 1 Vintage Red.

    That is a really good price and buy now - it won't be there for long.

    http://www.ebay.co.uk/itm/Steinhart-...kAAOSwNZtZx3Vr

    Good deals do turn up. e-bay are having a free listing day with £1 end fee, so keep an eye out everyone, loads of stuff has been listed today.
    Yeeaaaaah about that Red. I might have already bought it


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  14. #14
    Grand Master Wallasey Runner's Avatar
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    Quote Originally Posted by RustyBin5 View Post
    Yeeaaaaah about that Red. I might have already bought it


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    Well done Rusty, it is the same seller that also HAD the Mark 1 military

    You got a great deal there.

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