Rolex

102 ROLEX Explorer Super Precision, 5500, stamped 1002 inside the case back, Stainless steel, 196333mm. Diameter Calibre: Automatic, cal. 1530, 26 jewels Case, dial, movement and bracelet signed Estimate CHF5,000 - 8,000 SOLD FOR CHF28,750 Ok this is a gr...  

.....the bidding got this wrong. One way or another, this is just mis-information and hype.

+++++++++2 This was ridiculous.

I never saw a 5500 Explorers with other than "Precision" dials. Confusingly, the 5504 Explorer is also correct with just "Precision" on the dial as well.

My understanding is that "Super Precision" denoted a 26 jewel movement (which was COSC capable but not certified) while "Precision" or blank/unmarked meant it had the lower grade 17 jewel movement.

What do you think of the hammer on this one. Thanks Bill

A far as the hammer price, there were clearly a couple people in the room that desperately wanted this and other Rolex pieces. This may be the nicest example of a 5500 Explorer (Super Precision & Underline) I think the price is outrageous though. For pers... 

There is not a huge amount of posts drawing light on the actual aspects of the watch but just rather keeping quiet so as not to be the next seller that gets his item scrutinized by the established community.

A lot of the vintage game is artificial bubbles and pump-and-dump. If you want to perpetuate overvaluation and fake rarity, hoard-and-hide is the way to go. Think diamonds and penny stocks.

That the beginners waste their money on these things and leave the good stuff for us!

In the art world, people want "rare and in demand" --- something unique and yet recognizable. Cy Twombly pieces, that look silly but sell for 20 30mn. In the watch world, the super rich collectors have a lower price of admission (there are few watches 1mn...