Lockdales Ipswich auction yesterday. Estimate was £7000-£8000.
https://cdn.globalauctionplatform.co...4/original.jpg
Sold for: £230,000.
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Lockdales Ipswich auction yesterday. Estimate was £7000-£8000.
https://cdn.globalauctionplatform.co...4/original.jpg
Sold for: £230,000.
A great result for the seller. You would think the auction house would have had a tube of Polywatch to remove that light graze off the crystal.
One lovely looking very clean Watch with the under line and 3, 6, 9 and Swiss dial. The hands are clearly original and that insert is in fantastic shape with the pip still present. A movement service and you would be good to go.
The market for the rarer pieces shows no sign of slowing down.
Wow that’s incredible. What a beauty! How old was that one?
If I was paying that much for it I'd bloody well thank the auction house to leave it untouched!
R
They want to sack whoever gave the estimate.
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Pat him on the back as it drew in potential punters. What a punt they had. Sounds like a bidding war to end up at £230k
Great result and cracking Sub
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They could have at least centred the bezel!
The bezel and pip were replacements, however 230,000 is a very big number.
I wonder if the buyer is anyone here or on the VRF. It's the sort of thing that would attract 6 people I can think of.
the funny thing is that I believe the 3,6,9 dial was a zero cost option from Rolex.
Forgive my "newbie" question, I understand that under auction conditions anything goes on price but why was this one so sort after, was the previous owner famous or some other historic reason for the value?
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Unbelievable!! You can get a brand spanking new one for a little over £5k! :la:
No I think it's just the completeness of the whole package, and the explorer dial (the real rarity here) that means it was a solid buy.
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There were threads here on a couple auctioned last year. I failed to find them, but did find this piece
https://www.hodinkee.com/articles/ro...original-owner
Perfect. Ta.
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I suspect we will never know if the vendor was private or if this was bought on a valuation day by the auction house as this is practice of some auctioneers these days .
Total with premium £325k nice tickle for someone .
I hope it's a private ,delighted , owner rather than some one reflecting on "I wonder if that was the watch I sold on the valuation day "?
The same auction house also sold yesterday an early Speedmaster that made £30k plus premium.
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19.5% premium for the buyer, plus the seller's premium, a good day for the auction house methinks.
Cripes, I drive past this place every day and used to live just over the road by I had no idea they even ran auctions. Perhaps I will pop in for a look next time they have any watches in. It would have been quite good fun to be in the room!
Later insert aside it looks like a nice original example with super case and lugs.
I`ll never understand the vintage Rolex Sub madness. OK, the dial's rare etc.....but this sort of money will buy a decent house! I thought it was a wind-up when I first saw it.
Much as I like watches I`ve no strong urge too own something like this, it has absolutely zero appeal to me at any price to me.
For anyone who's not into watches it's difficult to comprehend why someone would pay big money for this, but I am into watches and I`m still struggling to grasp it! It's not the fact that it's expensive, I just cannot see the appeal no matter how I try.
To me, the lume on the hands and dial matches too well, I find it hard to believe both have aged in exactly the same manner and that would make me suspicious that it's had 'work'..........but I assume the buyer thinks otherwise and he's more likely to be right than I am!
£300K to own a ratty old watch.....are we sure it isn`t a wind-up?
Paul
FGS. whats the comparison and difference on its "when new" price anyone?
Completely get the appeal of old stuff - it's Georgian manor vs Octagon footballer's pad - but when the stakes are this high, originality is a serious question mark.
When I watch the classic car shows and see certain old cars fetch big money I can understand that. Sometimes the figures seem a bit daft, but I can relate to it because the cars are so appealing and the beauty's clear to see.
I like a nice old watch, particularly when it's been tastefully restored or it's in really sharp original condition, I can even see the appeal in a watch that's a bit distressed, but I`ll never grasp the ratty old Sub and Speedmaster thing and the prices they fetch.
I`m still wondering if the story's a spoof. Personally, I`d rather have this, and this is actually on my wrist at the moment!
https://s1.postimg.org/6n8e90zq8v/DSCN5732.jpg
Auction on October 26th apparently, can’t wait for the furor when the prices of old Daytona’s are dragged up after this sale, the good old ripple effect of which the start of it can already be seen. The moral of the story is go out now and buy old Daytona’s.
£63 in 1964!!
http://i282.photobucket.com/albums/k...pspv8axhbr.jpg
woah what a result for the owner
I like the car analogy - there is beauty there. And there's beauty in old watches, too, but why the market is putting Rolex above contemporaneous fine and dress watches... surely that's a bit like the classic car market disregarding the Miura in favour of a tired old Transit.
(And don't fix those transit's scrapes and dings, or empty the fags out of the ashtray).
Why do people always come out with this crap. The buyer clearly knew what the Watch was and what it was worth and it was clearly an informed decision. If it is resold in a few years time for even more then that makes your comment seem even more ridiculous.
Just because it is not for you doesn't make the buyer a fool. I can guarantee anyone spending that kind of money knows exactly what they are doing.
Collectors markets are all obscene, whether it be for Art, cars, stamps or..... Watches. But the market, supply and demand, dictates prices.
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Looks like they gave it a quick buff up ...
http://www.dailymail.co.uk/news/arti...s-230-000.html
http://i.dailymail.co.uk/i/pix/2017/...7834622718.jpg
"The successful Italian bidder, who wasn’t named, said the watch was unusually valuable not just because of its orange numerals but also because it is in such a good condition"
Forget about the Polywatch; they could have at least cleaned it a little. Just look at all the filth between the lugs and the end links.
Or does it add to the originality?
Barn find syndrome.
Its good to keep the wrist cheese believe it or not, shows buyers it has not been played with and is as found.. regardless of the price it is a stunning watch but I had to back out at £100K :la:
Classic cars the same, barn finds are now picking up more money with the dust and dirt still present..