rossr
WS Benefactor
Posts: 1,838
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Post by rossr on Apr 20, 2021 4:10:46 GMT -8
Here’s one of the big ones. The price is around the same mark as for the others that have periodically popped up - maybe once per year or per 2 years. Looks to have been very lightly worn - maybe just to the opening ceremony of the Tokyo Olympics - as the lightly etched back is is very good condition. Guys, I’m watching the “What have you coming in the mail” thread with interest.
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Post by nafokies on Apr 20, 2021 6:52:52 GMT -8
Very cool. Was not even aware of these.
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DCVW
Can't Tell Time
Posts: 9
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Post by DCVW on Apr 20, 2021 7:53:10 GMT -8
Here’s one of the big ones. The price is around the same mark as for the others that have periodically popped up - maybe once per year or per 2 years. Looks to have been very lightly worn - maybe just to the opening ceremony of the Tokyo Olympics - as the lightly etched back is is very good condition. Guys, I’m watching the “What have you coming in the mail” thread with interest.
My grail! Some day...
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tritto
WS Benefactor
Posts: 5,873
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Post by tritto on Apr 20, 2021 14:09:09 GMT -8
Cool watch, but the sell off to pay for it would be epic. 😲
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rossr
WS Benefactor
Posts: 1,838
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Post by rossr on May 9, 2021 22:12:08 GMT -8
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Post by leffemonster on May 9, 2021 22:25:20 GMT -8
Wow. I just hope it was well insured.
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Post by gert_san on May 9, 2021 23:41:01 GMT -8
Damn, that really hurts. Very strange how just this particular watch got 'lost', while other pieces were left untouched. Smells fishy.
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Fergus
Needs a Life!
Posts: 2,949
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Post by Fergus on May 9, 2021 23:54:19 GMT -8
Not knowing what models movements the others were the label may have revealed something more than we know.
A scanner would have picked it out as a chronograph for sure.
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pip
WS Benefactor
Berkshire, UK
Posts: 6,174
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Post by pip on May 10, 2021 0:01:10 GMT -8
Awful news. My grail (well, the dark dial one is to be exact). Whether it is fishy or not (seems it though) this isn’t a piece that comes up often so I’m gutted for the buyer.
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Post by SeikoPsycho on May 10, 2021 1:36:04 GMT -8
Beautiful watch. Terrible outcome.
I think we can all relate to that being a WIS's worst nightmare.
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Post by ajroy03 on May 10, 2021 15:30:40 GMT -8
I just have a hard time valuing a watch at $20,000 when essentially the same watch and movement (5717, 5719) can be had for $500.
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Post by gerald on May 10, 2021 16:31:45 GMT -8
I just have a hard time valuing a watch at $20,000 when essentially the same watch and movement (5717, 5719) can be had for $500. Not as hard a time as I have getting my head around someone describing the 5718 as being "essentially the same watch and movement" as the 5717 or 5719. I think that's the "most incredulous post of the year" award all wrapped up.
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HiBeat
Global Moderator
SEIKO Iko Iko GDTRWS
Posts: 8,667
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Post by HiBeat on May 10, 2021 17:52:15 GMT -8
I just have a hard time valuing a watch at $20,000 when essentially the same watch and movement (5717, 5719) can be had for $500. You have a lot to learn about the vintage Seiko scene young man. Stick around, learn, and come back and amend that post some day in the future.
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HiBeat
Global Moderator
SEIKO Iko Iko GDTRWS
Posts: 8,667
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Post by HiBeat on May 10, 2021 17:54:30 GMT -8
Before I got down the update about being hijacked and stolen (if that is was happened) I was thinking it was the most beautiful 5718 I had ever seen.
This reminds me of stolen artwork, if you will. You grab a masterpiece from a museum but if you ever let anyone see it you go to jail. There is *****ZERO***** chance this can ever be sold on the internet ever again because of its rarity.
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Henry
Timekeeper
Posts: 369
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Post by Henry on May 10, 2021 17:58:24 GMT -8
I just have a hard time valuing a watch at $20,000 when essentially the same watch and movement (5717, 5719) can be had for $500. Not as hard a time as I have getting my head around someone describing the 5718 as being "essentially the same watch and movement" as the 5717 or 5719. I think that's the "most incredulous post of the year" award all wrapped up. I just have a hard time valuing a watch at $20,000 when essentially the same watch and movement (5717, 5719) can be had for $500. You have a lot to learn about the vintage Seiko scene young man. Stick around, learn, and come back and amend that post some day in the future. Now C'mon guys.. To be fair they all have Seiko written on them and they all have a clockwise movement.
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Post by ajroy03 on May 10, 2021 19:37:10 GMT -8
Hey to each their own. I have been collecting vintage Seiko for quite a while and I completely appreciate their mechanical and aesthetic design. That being said, I readily admit I have a lot less experience than many others here, especially guys like Gerald and HiBeat. I just feel a bit cynical when seeing the recent results of 6185's, 4580's and this 5718 (which the buyer describes as going "under the radar" at $20,000) and question what you're really getting for that $20-50,000 bid.
Sorry if I am offending anyone. I wouldn't call myself incredulous - I "get" the rarity and desirability. If anything, these results do make me appreciate the wide variety and quality of so many other incredible Seiko models. Thankfully, there is so much out there still available for collectors at the other end of the spectrum
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tritto
WS Benefactor
Posts: 5,873
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Post by tritto on May 11, 2021 3:04:06 GMT -8
A terrible outcome for the buyer. Reading between the lines, I suspect that there’s not going to be a $20k insurance payout to soften the blow.
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Post by nordlys on May 11, 2021 3:12:47 GMT -8
Hey to each their own. I have been collecting vintage Seiko for quite a while and I completely appreciate their mechanical and aesthetic design. That being said, I readily admit I have a lot less experience than many others here, especially guys like Gerald and HiBeat. I just feel a bit cynical when seeing the recent results of 6185's, 4580's and this 5718 (which the buyer describes as going "under the radar" at $20,000) and question what you're really getting for that $20-50,000 bid. Sorry if I am offending anyone. I wouldn't call myself incredulous - I "get" the rarity and desirability. If anything, these results do make me appreciate the wide variety and quality of so many other incredible Seiko models. Thankfully, there is so much out there still available for collectors at the other end of the spectrum Agreed. I find it amusing when 4580s go for $20k+ for essentially the same watch as a 4520 (the VFA movements were just better adjusted out of the factory, but the initial adjustment of a watch is a moot point 50 years on). But once you enter the world of rare watches (from any brand), nothing really makes logical sense anymore. Price is completely unhinged from quality and instead is entirely dictated by perceived value, perceived rarity, and desirability. As an example, look at the auction prices for vintage steel Pateks.
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trilo
WS Benefactor
Posts: 2,005
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Post by trilo on May 11, 2021 6:41:21 GMT -8
Blimey!
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Post by gerald on May 11, 2021 19:58:58 GMT -8
Hey to each their own. I have been collecting vintage Seiko for quite a while and I completely appreciate their mechanical and aesthetic design. That being said, I readily admit I have a lot less experience than many others here, especially guys like Gerald and HiBeat. I just feel a bit cynical when seeing the recent results of 6185's, 4580's and this 5718 (which the buyer describes as going "under the radar" at $20,000) and question what you're really getting for that $20-50,000 bid. Sorry if I am offending anyone. I wouldn't call myself incredulous - I "get" the rarity and desirability. If anything, these results do make me appreciate the wide variety and quality of so many other incredible Seiko models. Thankfully, there is so much out there still available for collectors at the other end of the spectrum No-one is offended. And I doubt anyone would take any issue whatsoever with some people appreciating a watch like this, and others not. It's not even about relative values of the pieces. The issue is the bordering on willful ignorance comment that the 5718 is "essentially the same watch and movement" as a 5717 or 5719.
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