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Post by l10n3l on Jan 10, 2020 7:59:19 GMT -8
Hello WS, I'm trying to get some knowledge about the vintage GS market. I followed this auction (now closed) on YA and I was surpised it wasn't sold. Can someone explain whether it is a price issue, or a trust issue in the seller, or something wrong with the watch itself? The 45 series is maybe not the most sought (in fact I don't really know), but 57.000 yens for a GS in these conditions seems not so expensive for me. But again, I really lack of knowledge in that field. Thanks for your help. |
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Post by tempelkim on Jan 10, 2020 10:28:32 GMT -8
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Post by l10n3l on Jan 10, 2020 11:33:20 GMT -8
yes, maybe just a pricing issue. I also followed a 6146-8000 that nearly hit 70.000 yens after 48 bids I guess I need to build myself a kind of database to get the whole picture : price per model and conditions |
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Post by nordlys on Jan 10, 2020 17:30:28 GMT -8
yes, maybe just a pricing issue. I also followed a 6146-8000 that nearly hit 70.000 yens after 48 bids I guess I need to build myself a kind of database to get the whole picture : price per model and conditions That's the best thing you can do. Before you buy on yahoo JP, watch dozens of auctions for the piece you're interested in. See how the bidding progresses and the prices commanded by examples in different conditions (excellent, beat-up, junk, etc). Also, using the past auctions search can be helpful, as it allows you to see the ending bid price on every example of a particular reference that has sold within the last 6-9 months. |
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Post by Senpai on Jan 11, 2020 2:07:18 GMT -8
Hello WS, I'm trying to get some knowledge about the vintage GS market. I followed this auction (now closed) on YA and I was surpised it wasn't sold. Can someone explain whether it is a price issue, or a trust issue in the seller, or something wrong with the watch itself? The 45 series is maybe not the most sought (in fact I don't really know), but 57.000 yens for a GS in these conditions seems not so expensive for me. But again, I really lack of knowledge in that field. Thanks for your help. Thing I see: Nice dial with some small spots, case looks ok and medallion has some green corrosion on the raised logo which means it has worn through the gold. Description is lacking, and no info regarding operation. Title is only ”Grand Seiko” so it might fly under the radar of someone searching for ”4522”. Seller only has a few previous sales. All together i think the price is fair, but there is some risk regarding the movement. The bad and decent 4522/4520 have not risen too much in price yet. The really nice or NOS pieces have. Personally I prefer the 45/56 over the 44 (higher price) and 61 (tall movement, sits higher on wrist), and 57 (aesthetics). In order of importance (imo): 1. Case 2. Dial 3. Movement condition 4. Medallion 5. Crown 6. Buckle |
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Post by l10n3l on Jan 11, 2020 4:15:32 GMT -8
Hello WS, I'm trying to get some knowledge about the vintage GS market. I followed this auction (now closed) on YA and I was surpised it wasn't sold. Can someone explain whether it is a price issue, or a trust issue in the seller, or something wrong with the watch itself? The 45 series is maybe not the most sought (in fact I don't really know), but 57.000 yens for a GS in these conditions seems not so expensive for me. But again, I really lack of knowledge in that field. Thanks for your help. Thing I see: Nice dial with some small spots, case looks ok and medallion has some green corrosion on the raised logo which means it has worn through the gold. Description is lacking, and no info regarding operation. Title is only ”Grand Seiko” so it might fly under the radar of someone searching for ”4522”. Seller only has a few previous sales. All together i think the price is fair, but there is some risk regarding the movement. The bad and decent 4522/4520 have not risen too much in price yet. The really nice or NOS pieces have. Personally I prefer the 45/56 over the 44 (higher price) and 61 (tall movement, sits higher on wrist), and 57 (aesthetics). In order of importance (imo): 1. Case 2. Dial 3. Movement condition 4. Medallion 5. Crown 6. Buckle Thanks a lot. these are very valuable inputs for me as i also need to figure out what important criteria need to be considered while I build my own database. I am quite clear about all the movements that can found in GS as many websites describe them. But I still need to get experience about what make the price. |
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Post by nordlys on Jan 11, 2020 16:36:04 GMT -8
Hello WS, I'm trying to get some knowledge about the vintage GS market. I followed this auction (now closed) on YA and I was surpised it wasn't sold. Can someone explain whether it is a price issue, or a trust issue in the seller, or something wrong with the watch itself? The 45 series is maybe not the most sought (in fact I don't really know), but 57.000 yens for a GS in these conditions seems not so expensive for me. But again, I really lack of knowledge in that field. Thanks for your help. Thing I see: Nice dial with some small spots, case looks ok and medallion has some green corrosion on the raised logo which means it has worn through the gold. Description is lacking, and no info regarding operation. Title is only ”Grand Seiko” so it might fly under the radar of someone searching for ”4522”. Seller only has a few previous sales. All together i think the price is fair, but there is some risk regarding the movement. The bad and decent 4522/4520 have not risen too much in price yet. The really nice or NOS pieces have. Personally I prefer the 45/56 over the 44 (higher price) and 61 (tall movement, sits higher on wrist), and 57 (aesthetics). In order of importance (imo): 1. Case 2. Dial 3. Movement condition 4. Medallion 5. Crown 6. Buckle
I also agree with your ordering of importance regarding condition. Case and Dial/hands are always the most important IMO. An unpolished (or very lightly polished) case with good lines and not beat to hell, coupled with an original dial and hands that are is decent condition, are always what I'm on the look-out for. |
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pip
WS Benefactor
Berkshire, UK
Posts: 6,174 
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Post by pip on Jan 12, 2020 1:54:06 GMT -8
I’m learning a bit more about GS at the moment having just got my first one and restored it (5645-7000) that unfortunately had a completely shot dial. Great advice about cataloguing from YJ, I’ll be taking that up. I’d love to find a decent condition dial, I get the feeling it will be a loooong search.
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Post by Senpai on Jan 12, 2020 6:24:34 GMT -8
And most importantly, the case design of the KS 45xx-7000 is closest to the vaunted GS 4580-7010 VFA, my ultimate grail piece but one that I know I will realistically never own. [/font][/quote] This is exactly my thought process! But, isnt the 5245-6010 even more similar in terms of case shape? The lugs are longer and slimmer, and even has the same brushing on the top half of the sides. I think that is my next, and maybe final, KS to hunt down. Check this: m.youtube.com/watch?v=7fb2NXHCUTw |
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Post by nordlys on Jan 12, 2020 6:47:12 GMT -8
And most importantly, the case design of the KS 45xx-7000 is closest to the vaunted GS 4580-7010 VFA, my ultimate grail piece but one that I know I will realistically never own. This is exactly my thought process! But, isnt the 5245-6010 even more similar in terms of case shape? The lugs are longer and slimmer, and even has the same brushing on the top half of the sides. I think that is my next, and maybe final, KS to hunt down. Check this: m.youtube.com/watch?v=7fb2NXHCUTwIt's a tough call. I would still say the 4502-7000 is closer than the 5245-6010. The 6010 is definitely the most "angular" case shape among the 52 line, but it's still not quite as angular as the 45-7000 or 4580-7010. The 52 series watches are also smaller than the 45 series, as the 52 are about 35mm while the 45 are about 36.2mm (if that matters to you). Out of all of the watches I've seen, I still think the KS 4502-7000 is still the closest to the 4580-7010. The 5245-6010 is definitely a cool model. Pretty difficult to find in good condition though. The 5245-6000 is hard enough, and I swear the 6010 is 10X rarer than the 6000. There seems to be about 1 example per month of a 6000 in decent condition that pops up on Yahoo JP, while I've only seen 1 or 2 decent 6010s in the last year that I've been tracking the 5245s. |
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