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A Gentleman's Gold Precision Wristwatch By Rolex.
Photos © Lawrences Auctioneers, shown from their site, not copied. Request removal.
What to bid
Rough bid guideWe could not match this listing to auction results for its exact reference, so there is no bid ladder. Here is a rough guide from what dealers ask for the 56 Rolex Precision listings we have, all versions, instead.
- The house estimates
- USD 1,981
- If it sells like the rest
- about USD 2,793 hammer
At Lawrences Auctioneers, watches that sold went for a median 1.41× their low estimate (the middle half 1.08–1.92×), from 234 results; unsold lots are not counted. Estimates are set by the house to draw bidders, so treat this as context, not a valuation.
USD 1,784 is an opening bid, not a price. Sales like this start low to draw bidders in. They usually end near what the watch is worth, or a hidden reserve stops them. If it really went that cheap, that would itself be the warning sign.
Bought here, the buyer's premium, shipping, and import VAT and duty to Denmark add about 23% to the hammer. Stop at about USD 12,900 and you pay 20% less than a dealer's USD 19,856: a fair discount for buying without a dealer's warranty or return. A rough guide from every Rolex Precision listing we have (USD 19,856 – 46,400), not the same reference; no title came close enough to narrow them down, and they mix sizes and versions, so we take the cheaper quarter of what dealers ask.
Before you bidfive checks
- The seller guarantees in writing that the watch is genuine and takes it back if it is not.
- The photos show the case back, clasp, and the serial and reference numbers between the lugs. Ask for them if not.
- You know every fee: the buyer's premium (often 20–25% online), shipping and insurance, and import VAT.
- "New", "polished" and "electronically tested" prove nothing: polished means it has been worked on, and an electronic test checks gold, not a watch.
- Decide your maximum before the sale and don't go above it.
Similar watches 6 other Rolex Precision listings, not the same reference · USD 99.58 – 2,500
- 18K Gold Rolex Precision Wristwatch close match USD 1,700 sold · Cottone Auctions
- A Lady's Gold 'Precision' Wristwatch, Rolex, circa 1970 USD 1,964CAD 2,800 sold · Dupuis
- Rolex Precision Steel Wrist Watch 12,345 sold ·
- Rolex Oyster Precision Stainless Steel Wristwatch 12,345 sold ·
- Rolex Oyster Precision in Steel 12,345 bid ·
- ROLEX Precision, 18K guld, Manuell. 12,345 bid ·
Closest titles first. Different references can differ a lot in price: compare the details before you lean on these.
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