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My "buy of the century" his finally here!

05tbowner

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9/9/10
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This is a fairly long story, so you have been warned. Well, I've been searching eBay for a Rolex for YEARS, since I was probably about 16 or so (turning 22 tomorrow!). My late night searching has finally paid off.

About a week or so ago, at about 3 in the morning, I stumbled across an ad titled "SILVER BOLO AND MATCHING RING AND WATCH BAND". I wondered why that showed up in the search results, and then I remembered that I also search title and descriptions when looking for Rolex stuff. Well, I click on the ad. It starts off stating that "You are bidding on a silver bolo, ring, and watch band. Not sure of silver content, as it is not marked, Rolex included, but broken. Rolex wants $400 to open it! Selling as is"

So at the time, it was starting at $250, with a reserve. I send him a message asking more about the watch included. He wouldn't give me much information on it at first, but we sent a few messages back and forth and he loosened up a little. He told me he bought it new in 1967 and has been all over the world with him, and he said it has earned, in his eyes, it's rest. He told me he spent $375 on it new, and has always owned it. He didn't know what model it was, was just able to tell me it had the date feature, which made me assume it was a date, datejust, or day date.

He then tells me when that if it doesn't meet the reserve, he will send it to me for $50! I insisted on giving him more than that for it, as it's worth a lot more, but insisted.

So the final minutes of the auction, I'm sitting at my desk, PRAYING it won't meet the reserve. Hoping I'm the only one who has any clue what was in this lot! It had four bids on it, still sitting at $250. The first bidder was trying to see what the reserve was. Well, the final second, it reaches $306 and some change.

Yahoo! It didn't meet the reserve! I called up just about everybody I knew because I couldn't hold back my excitement. So, I send the seller a message after the auction stating I'm still interested in it and have money ready whenever he wants it.

He then tries to talk me out of it, which I honestly appreciate. He tells me there's "rust" on the dial, and it isn't running. I thanked him for his honesty, but I still wanted it regardless.

He then insisted on GIVING it to me, which there was no way I could do that! I ended up giving him $80 for it and asked him if he ever found the box and paperwork for it, please let me know as I would also pay for that because it's nice to have. He said he has an idea where it might be, with the original band! Fantastic!

So he shipped it out on Monday, and it got here today! I have basically been sitting in front of my door this entire time waiting for it to come! My fiance, bless her sole, knows how bad I've always wanted a gen Rolex and knew how expensive they are, so she understood.

So, I cracked her open today, low and behold, a SMALL speck of rust was attached to the balance wheel and part of the movement, preventing it from spinning. After removing that, it starting running right away! It will be going to the RSC shortly, but wanted to show the rough pictures first and wanted your opinion on cleaning/polishing the case.

So in the meantime, here are some pictures of it on a rep band. If anyone one here has a Rolex band that would fit this, gen or rep, can you please PM me?

gendatejustrolex001.jpg

gendatejustrolex002.jpg

gendatejustrolex003.jpg

gendatejustrolex004.jpg

gendatejustrolex005.jpg


Also, I do have the original case back. I was just trying out a display case back to see if I would like it or not.

Overall, not bad for $80, right?
 

rol_man

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25/7/08
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Outstanding, one of those "once in a lifetime" finds. Enjoy and wear it well!
 

05tbowner

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9/9/10
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You guys have no idea how excited I really am! The pictures don't really do it justice. Shot in the dark, could anyone give me an idea on value of something like this. I'm considering putting it on my insurance just in case.
 

trailboss99

Head Honcho - Cat Herder
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30/3/08
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OMFG! :thud:

First up, DO NOT send it to an RSC!!!!!!!
Rolex will insist (you have no choice) on polishing the crap out of it and taking all the edges off the case in the process as well as fitting new parts to replace anything with even the slightest patina. It will end up with new hands, bezel (if they have one) possibly a new dial and crown so will be destroyed as an original piece. Trust me on this, they have a long history of doing so. You will also of cause get one hell of a bill.

One of our guys (either Katt or 16610) has a long history of working with gen Rolex' as does CLS next door at RWG1.1, send it to one of them instead.

Katt and 16610 you will find in our watchmakers section and CLS' website is here: www.clswatch.info

Congrats mate, that was indeed the buy of a lifetime, wear her well.


PS: I hate you :p
 

cybee

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23/11/06
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Wow that just awesome. Big Congrats to you.
 

05tbowner

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9/9/10
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Thanks Bing! It's a hell of a birthday present! You've been saying I would find the big one one day, and I'm pretty sure this is it!
 

trailboss99

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Oh yeah, value.
I'd say around 1800 to 2.5k as is now. Cleaned up and serviced not really sure.
Check the sales area at WUS and TRF for a rough idea.
 

05tbowner

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Alright, I guess it WON'T be going to RSC then! TRF had mixed feelings about them as well from my reading. The dial is in unreal condition on this one. He told me it had rust on it, I REALLY expected the worst, but it's only around the rehault, which I think can be easily removed.

It's been running great, keeping great time since repairing it, but hasn't been serviced since 77', when it cost $50 for a service....

Is it weird that the crown is white gold and the bezel is steel? I was thinking that the bezel might have been replaced, or the crown may have been replaced. The crown has the Rolex cornet, with two dots underneath. I just want to keep it as original as possible, but do want to replace things needed.

I also ordered a new crystal for it, but will keep the original. Also ordered new gaskets and grease.
 

BADWIN BING

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Thanks Bing! It's a hell of a birthday present! You've been saying I would find the big one one day, and I'm pretty sure this is it!

It's all about goal, drive and ambition. You have all of those atributes my friend from what I've read.

This is a most well deserved find!

Good luck young man.
 

trandy16

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24/1/08
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Go to TRF and inquire.

I did that recently on a gen Rolex and they were actually quite helpful (and very nice also...) in establishing a current value on a 1991 DJ for me.

Plus...they've got guys there who have forgotten more about Rolex watches than most people will ever learn....seriously.
 

05tbowner

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9/9/10
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Go to TRF and inquire.

I did that recently on a gen Rolex and they were actually quite helpful (and very nice also...) in establishing a current value on a 1991 DJ for me.

Plus...they've got guys there who have forgotten more about Rolex watches than most people will ever learn....seriously.

Just made a post over there asking for more information about it.
 

nycreplica

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14/1/11
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Not a big fan of Rolex BUT I would love to have a similar piece at this price :)

Congrats!
 

P4GTR

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My guess is you are pretty excited? :lol:

Thats gotta be one of the best ebay snipes I've ever heard of.

You really sound so appreciative of the watch, and for that reason I am all the more happy for you. Congratulations :) Wear it well and let us know what happens as things progress.

PS- lucky bastard.
 

05tbowner

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9/9/10
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Thanks! I've had a few good buys on eBay and other places, but this is THE best, and I don't think I will ever top it...



But you never know...
 

05tbowner

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Also, what do you guys think. Use the original back or the aftermarket one?
 

TheBattler

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26/7/10
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Wow what a story.


Congratulations on your find, best watch buy I've ever had is picking up a brand new rose gold Invicta Venom GMT for $140 off Craigslist! LOL!

Wear it in good health.