So I decided recently that I might throw my Le Cheminant diver on eBay and sell it to fund a Seiko 6139 (the gold "pogue" of course!) that I'd quite like to get my hands on.. And picked it up from my watchmaker on Friday to have a think about it.
After ripping off the horrible leather strap and polishing the case and crystal and seeing how the lume has changed from the green it was when I got it originally to the cream it is now.. Perhaps from being in complete darkness for four odd months.. And fitting a leather strap I bought for it when I first got it I'm kind of reconsidering my options.
Its actually vintage..
It resembles a 5513 Submariner.
It's an ETA auto.
The cream lume is really nice.
The dial overall is really nice.
The size isn't bad at 41mm including the crown.
The blue faded bezel gives it the same look as everyone with a vintage 5513 wishes they had.
The movement is in a horrendous state.
The crown has separated and needs a new crown and case tube.
The movement is so bad the seconds hand doesn't even move.
The rotor is floppy.
My watchmaker was going to service it at a cost of $300. That includes full movement service, case ultrasonic cleaning, new crown and tube, resealed and pressure tested.
After buying it for $330au and then spending $300 to service it i don't think I'd ever get that amount back if I ever sold it post service. While it's an awesome watch.. It's not necessarily desirable, iconic or at all known about. So I'm not sure whether to cut my losses now and sell it for something else I'd like that would be more collectable and valuable in the long run.
The other option is to find a running movement but as we all know, they still need to be serviced regardless..
Give me your thoughts my fellow vintage friends!
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