Crazy price for Gruen Precision
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  1. #1
    Member Grégoire's Avatar
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    Crazy price for Gruen Precision

    Can anyone explain why this non-functioning Gruen sold for over $1,300?

    Is it a super desirable model?

    What am I missing?
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  2. #2
    Member bsshog40's Avatar
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    Re: Crazy price for Gruen Precision

    I'm wondering if its an old mystery dial that someone lumed the hands on? Just guessing!
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  3. #3
    Member Dan S's Avatar
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    Re: Crazy price for Gruen Precision

    It's missing the bezel, but complete it's an $8k watch.
    -- Dan (formerly known as @badbackdan)
    ------- @oldwatchdan on Instagram -------

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  5. #4
    Member Grégoire's Avatar
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    Re: Crazy price for Gruen Precision

    Quote Originally Posted by badbackdan View Post
    It's missing the bezel, but complete it's an $8k watch.
    Wow! I could personally think of a lot better things to do with $8,000, but to each their own, I guess.
    Check out my "Watch of the Week" on Instagram.

  6. #5
    Member bsshog40's Avatar
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    Re: Crazy price for Gruen Precision

    Quote Originally Posted by badbackdan View Post
    It's missing the bezel, but complete it's an $8k watch.
    Why is that Dan? What model is it?
    Thanks!
    Bobby - My original music! Check me out! Thanks!
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  7. #6
    Member Dan S's Avatar
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    Re: Crazy price for Gruen Precision

    I could be wrong, but I think it's an Ocean Chief with the bezel missing.
    -- Dan (formerly known as @badbackdan)
    ------- @oldwatchdan on Instagram -------

  8. #7
    Member bsshog40's Avatar
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    Re: Crazy price for Gruen Precision

    You may be right my friend!

    Name:  Ocean chief.jpg
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  9. #8
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    Re: Crazy price for Gruen Precision

    Wow that's sad :) Looks like one of those pseudo divers for couple of bucks..
    Chaos is my focus

  10. #9
    Member Tony C.'s Avatar
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    Re: Crazy price for Gruen Precision

    A couple of points.

    This model (Ocean Chief) is very valuable in the vintage diver market. Aside from general aesthetics, which are personal, of course, it became 'hot' largely because of the concave bezel. That is an uncommon characteristic, and is shared by the even more valuable (!) Breitling Transocean. See here for an example:

    https://www.europeanwatch.com/25365.html

    I owned one once, and while they are nice watches, do believe that they are wildly overvalued now.

    One final point: the buyer of the subject watch is going to have a hell of a time trying to find a correct bezel!

  11. #10
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    Re: Crazy price for Gruen Precision

    ah now I see :D It's just breitling lookalike, so desirability goes through the roof
    Chaos is my focus

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