Hey, great video and thank you for noticing my channel in the world of UA-cam watch channels. This video is literally like the internal monologue that was going on in my head when the offer came in. My reasoning for selling, just so the audience knows. I never anticipated buying this watch, it was literally spur of the moment. I spotted it on Goldsmiths website, i knew it was super cheap so jumped on it knowing it was investable or immediately profitable. Hey, if I didn’t do it some other watch guy would of. If this was a watch i was searching for then hell no I wouldn’t of sold but as this was simply to invest £8k i thought an instant £3k profit was the move to make. I wear all my watches and the acrylic crystal and delicate Jubilee were a concern to me, what if i knocked into a door frame etc etc. I was left with 2 options, keep it long term and tie up a large part of my watch funds for the long haul. Or, take a fast £3k and carry on as if the GMT deal never happened but £3k better off. 1 minute before i spotted the GMT it wasn’t a watch i ever thought about buying, 48 hours later i was £3k richer and didn’t loose anything i was desperate to own. All that said, the watch was SUPERB and i fully understand why people own vintage. It has given me the taste for vintage for sure. I agree 100% with this video, great vid. If it had been a model on my radar to one day own then i would NEVER of sold it. I went into it with a view it was cheap and came out financially better off, that was my goal at the beginning of the extremely short journey. Great vid and thanks again for noticing my channel. I am pretty sure i will regret this deal in 10 years when its a £25k watch but for now i am ok with the outcome although am doubtful LOL 😂
Glad you liked it, and even more glad you didn't take my video the wrong way! Thanks for the explanation; the context of a spur of the moment good deal was lost in my analysis. At the end of the day, it was well played move to jump on that watch, whether you decided to keep it or not. And hey, it's not like you don't have your GMT base covered!
Yeah loved the vid and agree with every word, literally my internal monologue when selling it. Like most i am a working guy who plays at this sort of thing and enjoy my watches, the £3k goes a long way into another watch. So i turned a unwearable (to me as i am clumsy) watch into 65% of a Explorer 1. One week ago the explorer was £5k to me, today it is £2k, so its been a good week. That said, long term it is the wrong deal, i just couldn’t tie up a large proportion of my “play money” in a long term investment. If it had been sapphire i think I’d of kept it and purchased an aftermarket band to protect the original. This experience has given me the taste for pre ceramic GMT’s tho. It is said so much by so many, its the journey as much as the watch. Awesome hobby
Hi Austin - That 16750 watch is pretty un-rare and I think fettled quite a bit - the smart money is buying Matt dials and non 'date' printing on dial 84/85 early gloss ones - if someone has paid £11,000 for that they have as Jay Leno would say been 'not buying it at too much money, but just buying it too early' it's only worth close to that money if it has fully punched papers (unpunched £3k less) - difficult to see but I suspect bezel insert is not original (it's in the blue and text shape the giveaway) plexi is service, crown too I think (it had the .5mm bigger version), and the lume plots are very white so maybe a 2000-2003 t 25 marked dial variant (which I explained to your viewers in earlier vid) - so under UV you'd see it for certain lume kwacka green (these dials are Superluminova- though marked T25). I have had a few same year 16750s with original dial and they are all quite creamy plots. Seeing it all in the round I would have sold it for £11k too tbh, even if it had punched papers. This watch was an example of current model buyers getting excited by older watches that look good condition, but are not fully original. Ref Goldsmiths I have bought many from them in UK they know very little but you can get a bargain - I bought a 16660 Matt dial sea dweller from them for £6500 two years ago worth £15k now! I suspect our friend had found a slightly naive buyer who has been wowed by the freshness and box and paperyness of the piece - something you should not do on Vintage pieces ! But you are right in 15-20 yrs it would be £25k (so they'll be safe) but I'd have reinvested the £11k into a Tudor small block reverse panda 79260, Rolex 16600, RB 16713 £8k, 14270 £4kor the like..moral of story ok to sell a non perfect Steel Professional BUT ONLY IF YOU Re-INVEST IN ANOTHER one or two that will do better than the one you are selling !! Ps good news for you is the Tudor 89190 values are going up nicely last month or too (from circa £1450 to £1850 watch and box) - btw also as are the following Tudors 79090,79190,75190,75090,79260,79270 and 85190 too.
If your viewers are in Japan these two 89190 are 2/3rds of what others are in US and EU : buy and double you money in 24 months. White and silver quite rare too. Tudor Hydronaut £1,322 www.chrono24.co.uk/tudor/hydronaut--id14745167.htm?SETLANG=en_GB&SETCURR=GBP Tudor Hydronaut £1,187 www.chrono24.co.uk/tudor/---89190--id15452340.htm?SETLANG=en_GB&SETCURR=GBP
Hey Paul, that’s interesting reading thank you, always pleased to learn as this was my first toe in the water for vintage. I’ve been into watches 10 years now, Rolex about 5 years after a 5 year love affair with Omega. So my knowledge is limited on Rolex but very good on everything 2008 onwards. My comfort zone is modern Rolex, Omega and vintage omega, Breitling, Tudor and other mid range luxury brands alike. This 16750 on Goldsmiths was just to good to pass, you will soon see the watch up for sale with a very well known grey market dealer here in UK. I’m guessing at £13500 but it wouldn’t surprise me if he didn’t have a customer lined up wanting a birth year model. Thank you for the brief vintage education, much appreciated
Great advice on not selling your Rolex Sport models. I've also been tempted in the past to sell in order to upgrade to something new but in the end, didn't go through with it and even the AD where I got my Submariner serviced told me never to sell it. So the message got through. If you want a new Rolex, you just have to bite the bullet, spend the money (if you have it) and get one.
The newer 16710 is going to be more wearable/usable; it's neo-vintage, 904L steel (which is more corrosion resistant), has a sapphire crystal, the separable jump hour local hand, flip-lock clasp, and RSC has all the parts for repairs (assuming you're talking a 1997 or later model with lumivona instead of tritium). The 16750 is proper vintage. So a collector is probably going to want to go for that piece. You're not going to want to put it through its paces like a newer watch. Finding parts could be an issue. Dollar for dollar, you're going to get more watch with the 16710 because for, say, 12 grand you can get yourself a nice box and papers example. For 12 grand you are going to be getting a pretty rough 16750...and that's if you can even find a decent one at that price.
I’m not completely sure he won’t find one for what he paid for that one, especially considering we’re expecting another big wave of this virus in the winter...but in any event-he can find one for less than he sold it for. So if the only question is: what will have turned out to be the best deal in 2030? I’d say- buy another 16750 with the profits and hold it until then... or alternatively: repeat the flip 3x and get the watch for free, then hold it. But that assumes the dealer he sold it to will keep paying that price for it (nearly $14k usd). Was there something special about that specific one that would make a dealer pay that much for it? If so he definitely shouldn’t have sold it right now.
Paulthorpe I read your comment. If everything you say is right about the condition it would seem like the original price was about right. It seems odd that a dealer would pay that price, unless he knows something we don’t. There are several examples of the watch in the US from the same year selling for around $10k...roughly his original £8k.
@@treedillinger5801 I agree, the key is whether the dial is tritium or luminova on one of his videos it looks white the other one it has a slightly creamy hue - if it is a 2000-2003 T25 luminova it's a £6750 watch. Rgds
Hi Austin! I just embarked on my watch hobby and bought myself a Longines Hydroconquest with the Ceramic Bezel. Can you, perhaps, provide some insight as to whether or not this is a good watch? i won't take offense. It is a very pretty watch. But, I want to make sure that what I spent my money on, wasn't wasted. I also understand, in advance, that I did not purchase a high end watch such as a Rolex. Thank you in advance! :)
I think Longines is a very respectable brand, so that's a great first foray into watches. If someone has their sights set on something like a Rolex or an Omega, I'd recommend starting out with something less than 200 USD, and use the money they otherwise would have laid out for a mid-tier piece toward their future high-end watch. But, yes, that's a good watch. Certainly better than what I started out with, which was an Orient Blue Mako.
Thanks for this video- more awesome content from your channel. I’d love your thoughts- I have a turn-o-graph 16264. I’ve been considering trading it towards a newer model. Do you think this will fall into the same category?
Usually I recommend the earlier models of any watch and I'm a big fan of 1953-1962 Ref 6202 t/o/graph..but the 70 to late 80s 16264 is only rising slowly in value/desire - I think it's because it looks like a Datejust with bezel grafted on top so not that sporty.... they are quite rare though and will go up a modest 5% or so a year. The later version that was only made for 9 years the 116264 is after being £3500 5 years ago now rising quite quickly so I'd suggest buying the black, blue or white dial while they are under £5500 as they have a nice balanced asthetic and are scarce. B and P only adds £250 so worth it. Hope that helps 😊
i think the better way would be to sell for profit right now. and hunt for yet another watch similar to what u got for (showcase watch). Keep repeating what he did , and he will be buying a 6263 daytona sooner or later :) EDIT: JUST SAW YOUR CAT, THATS AWESOME
As soon as someone wants a watch so they can get social "likes" they buy a Rolex. Breitling is far better and it looks like you're not a walking cliche that has a watch u literally see as much as u see a Mercedes Benz every 2 mins rolling down the street
Hey, great video and thank you for noticing my channel in the world of UA-cam watch channels. This video is literally like the internal monologue that was going on in my head when the offer came in. My reasoning for selling, just so the audience knows. I never anticipated buying this watch, it was literally spur of the moment. I spotted it on Goldsmiths website, i knew it was super cheap so jumped on it knowing it was investable or immediately profitable. Hey, if I didn’t do it some other watch guy would of. If this was a watch i was searching for then hell no I wouldn’t of sold but as this was simply to invest £8k i thought an instant £3k profit was the move to make. I wear all my watches and the acrylic crystal and delicate Jubilee were a concern to me, what if i knocked into a door frame etc etc. I was left with 2 options, keep it long term and tie up a large part of my watch funds for the long haul. Or, take a fast £3k and carry on as if the GMT deal never happened but £3k better off. 1 minute before i spotted the GMT it wasn’t a watch i ever thought about buying, 48 hours later i was £3k richer and didn’t loose anything i was desperate to own. All that said, the watch was SUPERB and i fully understand why people own vintage. It has given me the taste for vintage for sure. I agree 100% with this video, great vid. If it had been a model on my radar to one day own then i would NEVER of sold it. I went into it with a view it was cheap and came out financially better off, that was my goal at the beginning of the extremely short journey. Great vid and thanks again for noticing my channel. I am pretty sure i will regret this deal in 10 years when its a £25k watch but for now i am ok with the outcome although am doubtful LOL 😂
Glad you liked it, and even more glad you didn't take my video the wrong way!
Thanks for the explanation; the context of a spur of the moment good deal was lost in my analysis. At the end of the day, it was well played move to jump on that watch, whether you decided to keep it or not. And hey, it's not like you don't have your GMT base covered!
Yeah loved the vid and agree with every word, literally my internal monologue when selling it. Like most i am a working guy who plays at this sort of thing and enjoy my watches, the £3k goes a long way into another watch. So i turned a unwearable (to me as i am clumsy) watch into 65% of a Explorer 1. One week ago the explorer was £5k to me, today it is £2k, so its been a good week. That said, long term it is the wrong deal, i just couldn’t tie up a large proportion of my “play money” in a long term investment. If it had been sapphire i think I’d of kept it and purchased an aftermarket band to protect the original. This experience has given me the taste for pre ceramic GMT’s tho. It is said so much by so many, its the journey as much as the watch. Awesome hobby
Showcase Watches
If anything I look forward to your video and subscribe. So you have £3k and 1 new subscriber.
Hi Austin - That 16750 watch is pretty un-rare and I think fettled quite a bit - the smart money is buying Matt dials and non 'date' printing on dial 84/85 early gloss ones - if someone has paid £11,000 for that they have as Jay Leno would say been 'not buying it at too much money, but just buying it too early' it's only worth close to that money if it has fully punched papers (unpunched £3k less) - difficult to see but I suspect bezel insert is not original (it's in the blue and text shape the giveaway) plexi is service, crown too I think (it had the .5mm bigger version), and the lume plots are very white so maybe a 2000-2003 t 25 marked dial variant (which I explained to your viewers in earlier vid) - so under UV you'd see it for certain lume kwacka green (these dials are Superluminova- though marked T25). I have had a few same year 16750s with original dial and they are all quite creamy plots. Seeing it all in the round I would have sold it for £11k too tbh, even if it had punched papers. This watch was an example of current model buyers getting excited by older watches that look good condition, but are not fully original. Ref Goldsmiths I have bought many from them in UK they know very little but you can get a bargain - I bought a 16660 Matt dial sea dweller from them for £6500 two years ago worth £15k now!
I suspect our friend had found a slightly naive buyer who has been wowed by the freshness and box and paperyness of the piece - something you should not do on Vintage pieces !
But you are right in 15-20 yrs it would be £25k (so they'll be safe) but I'd have reinvested the £11k into a Tudor small block reverse panda 79260, Rolex 16600, RB 16713 £8k, 14270 £4kor the like..moral of story ok to sell a non perfect Steel Professional BUT ONLY IF YOU Re-INVEST IN ANOTHER one or two that will do better than the one you are selling !! Ps good news for you is the Tudor 89190 values are going up nicely last month or too (from circa £1450 to £1850 watch and box) - btw also as are the following Tudors 79090,79190,75190,75090,79260,79270 and 85190 too.
If your viewers are in Japan these two 89190 are 2/3rds of what others are in US and EU : buy and double you money in 24 months. White and silver quite rare too.
Tudor Hydronaut
£1,322
www.chrono24.co.uk/tudor/hydronaut--id14745167.htm?SETLANG=en_GB&SETCURR=GBP
Tudor Hydronaut
£1,187
www.chrono24.co.uk/tudor/---89190--id15452340.htm?SETLANG=en_GB&SETCURR=GBP
Hey Paul, that’s interesting reading thank you, always pleased to learn as this was my first toe in the water for vintage.
I’ve been into watches 10 years now, Rolex about 5 years after a 5 year love affair with Omega. So my knowledge is limited on Rolex but very good on everything 2008 onwards. My comfort zone is modern Rolex, Omega and vintage omega, Breitling, Tudor and other mid range luxury brands alike.
This 16750 on Goldsmiths was just to good to pass, you will soon see the watch up for sale with a very well known grey market dealer here in UK. I’m guessing at £13500 but it wouldn’t surprise me if he didn’t have a customer lined up wanting a birth year model.
Thank you for the brief vintage education, much appreciated
Pontiff's voice over brings that class...that "je ne sais quoi" 😂😂
Great advice on not selling your Rolex Sport models. I've also been tempted in the past to sell in order to upgrade to something new but in the end, didn't go through with it and even the AD where I got my Submariner serviced told me never to sell it. So the message got through. If you want a new Rolex, you just have to bite the bullet, spend the money (if you have it) and get one.
Hi Austin, what's your suggetion about choosing between Rolex 16710 coke stick dial and 16750 pesi at same price level? Many thanks.
The newer 16710 is going to be more wearable/usable; it's neo-vintage, 904L steel (which is more corrosion resistant), has a sapphire crystal, the separable jump hour local hand, flip-lock clasp, and RSC has all the parts for repairs (assuming you're talking a 1997 or later model with lumivona instead of tritium).
The 16750 is proper vintage. So a collector is probably going to want to go for that piece. You're not going to want to put it through its paces like a newer watch. Finding parts could be an issue.
Dollar for dollar, you're going to get more watch with the 16710 because for, say, 12 grand you can get yourself a nice box and papers example. For 12 grand you are going to be getting a pretty rough 16750...and that's if you can even find a decent one at that price.
@@watchsymposium Appreciate it! So my move should be to 16710 as a daily wear watch?
Oh ya, if it's a daily wearer you're after, then the 16710 would definitely be my choice.
@@watchsymposium Noted it, many thanks.
would it be so hard to have pictures inserted of the endless reference numbers as you talk about them?
I like your attitude and "non put down" demeanor Austin... Awesome channel..
Austin, what would you say the most desirable Rolex steel sports what is regardless of price or availability??
I'd say the Submariner.
I’m not completely sure he won’t find one for what he paid for that one, especially considering we’re expecting another big wave of this virus in the winter...but in any event-he can find one for less than he sold it for. So if the only question is: what will have turned out to be the best deal in 2030? I’d say- buy another 16750 with the profits and hold it until then... or alternatively: repeat the flip 3x and get the watch for free, then hold it. But that assumes the dealer he sold it to will keep paying that price for it (nearly $14k usd). Was there something special about that specific one that would make a dealer pay that much for it? If so he definitely shouldn’t have sold it right now.
Love the watch window shopping videos, my friend (a girl) has that exact same Yacht-Master at 14:52
What was so special about that specific watch that compelled a dealer to seemingly pay well over retail for it?
Very little - See my comment above sir...
Paulthorpe I read your comment. If everything you say is right about the condition it would seem like the original price was about right. It seems odd that a dealer would pay that price, unless he knows something we don’t. There are several examples of the watch in the US from the same year selling for around $10k...roughly his original £8k.
@@treedillinger5801 I agree, the key is whether the dial is tritium or luminova on one of his videos it looks white the other one it has a slightly creamy hue - if it is a 2000-2003 T25 luminova it's a £6750 watch. Rgds
Hi Austin! I just embarked on my watch hobby and bought myself a Longines Hydroconquest with the Ceramic Bezel. Can you, perhaps, provide some insight as to whether or not this is a good watch? i won't take offense. It is a very pretty watch. But, I want to make sure that what I spent my money on, wasn't wasted. I also understand, in advance, that I did not purchase a high end watch such as a Rolex. Thank you in advance! :)
I think Longines is a very respectable brand, so that's a great first foray into watches. If someone has their sights set on something like a Rolex or an Omega, I'd recommend starting out with something less than 200 USD, and use the money they otherwise would have laid out for a mid-tier piece toward their future high-end watch. But, yes, that's a good watch. Certainly better than what I started out with, which was an Orient Blue Mako.
@@watchsymposium Thank you! :)
Those Casios look pretty nice considering you got them for free! I like the red accents on the second one.
Can you talk about your strategies for buying/saving for luxury watches in a future video? Great content, long time viewer.
I picked up a sdk400 with papers unpolished for a great deal
Thanks for this video- more awesome content from your channel. I’d love your thoughts- I have a turn-o-graph 16264. I’ve been considering trading it towards a newer model. Do you think this will fall into the same category?
Usually I recommend the earlier models of any watch and I'm a big fan of 1953-1962 Ref 6202 t/o/graph..but the 70 to late 80s 16264 is only rising slowly in value/desire - I think it's because it looks like a Datejust with bezel grafted on top so not that sporty.... they are quite rare though and will go up a modest 5% or so a year. The later version that was only made for 9 years the 116264 is after being £3500 5 years ago now rising quite quickly so I'd suggest buying the black, blue or white dial while they are under £5500 as they have a nice balanced asthetic and are scarce. B and P only adds £250 so worth it. Hope that helps 😊
Keep your Sub, keep your Explorer II and get a preceramic Daytona Austin.
Great video Austin
i think the better way would be to sell for profit right now. and hunt for yet another watch similar to what u got for (showcase watch). Keep repeating what he did , and he will be buying a 6263 daytona sooner or later :)
EDIT: JUST SAW YOUR CAT, THATS AWESOME
As soon as someone wants a watch so they can get social "likes" they buy a Rolex. Breitling is far better and it looks like you're not a walking cliche that has a watch u literally see as much as u see a Mercedes Benz every 2 mins rolling down the street
Archie is Phucking Great!!!!!
Watches and school girls.👍🏼
Second
First
I barely see any sky dwellers in you videos, is Japanese not a big fan of those?
This was just a small out-of the-way-shop. They had hardly anything.