Sold: Rolex Submariner 116610LN

[markymark]

Hello,

Thought I would try my hand listing on a few forums before listing up on commission taking websites.

For sale my Ref: 116610LN, 2011, Rolex Submariner 40mm stainless steel, black ceramic bezel. U.K. model (160 code) Calibre: 3135

Bought brand new by myself back in Nov 2011. First time owner and had since then. Service in 2015 & November 2020. Had the bezel and crystal replaced at the cost of £985. Receipts included.

Includes: Rolex Outer Box, Rolex Box, Rolex guarantee card, Rolex Watch Guide, Rolex Card Wallet, Rolex Swing tag, Polish cloth, Watch Reg. Certificate, Service card, Spare links (full set)

In excellent condition, however light surface scratches from daily wear.

Running +1s per day in the timegrapher.

Any questions please ask.

 

[markymark]

Continued

 

[markymark]

Again

 

[markymark]

Last one

 

[Monarch Country Products]

Good price & nice watch

 

[ivorgun2]

Hi you need to hide Serial number.

 

[ivorgun2]

 

[Rake Aboot]

Is that an aftermarket bezel and glass ? Or an authentic Rolex part ?

 

[markymark]

As it was serviced at RSC, it would always been replaced with genuine Rolex parts.

 

[DavyG]

Is that an aftermarket bezel and glass ? Or an authentic Rolex part ?

He’s got a receipt from Goldsmiths. I doubt they fit “aftermarket” parts…

 

[ivorgun2]

He’s got a receipt from Goldsmiths. I doubt they fit “aftermarket” parts…

True

 

[Rake Aboot]

He’s got a receipt from Goldsmiths. I doubt they fit “aftermarket” parts…

They never carried out the 2020 service
I ask, because the service was itemised separately from the £285 repair( done at an independent.) ?
It was the separate itemisation that made me ask

If the bezel was replaced as part of the service at RSC then it would be genuine obviously.
It’s a genuine question as I’m looking at a few watches just now for myself.

 

[Rake Aboot]

As it was serviced at RSC, it would always been replaced with genuine Rolex parts.

So they replaced the parts ?
If so brilliant

 

[CreedSnore]

They are a lovely watch and seemingly not a bad investment! must have cost maybe £6K new in 2011, have the pleasure of wearing for 13 years and sell for £2K+ profit! its a funny old world Amazing what a company can do when they are run as a charitable foundation that pays no taxes! Rolex & the Swiss youve gotta love them!

 

[ColinBr]

They are a lovely watch and seemingly not a bad investment! must have cost maybe £6K new in 2011, have the pleasure of wearing for 13 years and sell for £2K+ profit! its a funny old world Amazing what a company can do when they are run as a charitable foundation that pays no taxes! Rolex & the Swiss youve gotta love them!

Doubt that's going to help a sales add?
Rules and all that

 

[biffo]

They are a lovely watch and seemingly not a bad investment! must have cost maybe £6K new in 2011, have the pleasure of wearing for 13 years and sell for £2K+ profit! its a funny old world Amazing what a company can do when they are run as a charitable foundation that pays no taxes! Rolex & the Swiss youve gotta love them!

So the present value of £6000 in 2011 is £9164. So he’s actually making a loss ! If he’d invested the £6000 in the FTSE at 6% compound which is realistic , he would have more than doubled his money to over £12000 ! So the price he’s charging is attractive if you’re after this type of watch.
Enough said!

 

[markymark]

I’m some what confused by some replies so I’ll look to clarify some matters.

Why am I selling the watch? I’ve bought a Sea-dweller. These watches are too similar, I don’t have infinite funds, so the Sub has to go in order to finance the SD.

The watch was purchased from Goldsmiths, I’ve included receipt to show genuine sale / authenticity.

When servicing a Rolex, you can either take it to an independent or Rolex themselves. Within the latter you have two options. Drop it off direct at the RSC St James London, or take it to any authorised Rolex dealer who then posts it to the RSC and you deal with shop, and subsequently invoiced by them.

I had the watch serviced in both in 2015 and 2020. Not because they needed servicing, modern rolex’s movements and lubricants will last over 10 years between services typically. However if you have damaged your watch, you can’t just pay for these parts separately or have fitted separately. You have to service the watch then further invoiced for parts.

The attached Prestons receipt (Rolex dealer in Guildford) shows the cost of the service along with Bezel and Crystal replacement (all genuine Rolex parts).

I can’t find the receipt for the 2015 service, not too fussed about it either because it’s a moot point having been serviced in 2020.

 

[CreedSnore]

Doubt that's going to help a sales add?
Rules and all that

My apologies! I was not intending to offend, they are great watches and if anyone has the means and inclination then you cant go wrong!

 

[Ozalid]

Rolex ads always bring the tyre-kickers and nit-pickers out of the woodwork, its obviously a genuine watch from a genuine seller and personally I think its a very good price, you could buy this watch, wear it for a couple of years, look after it and sell it for probably 5-10% profit, where else can you do this?

 

[markymark]

Any offers before it goes up on Chrono24 and perhaps Watchfinder by the end of the month?