105.003-65 on ebay

This watch is closing and I offer an analysis. The case reference is 105.003-65 and the movement serial is 2496xxxx. I have lifted the photos so the article can remain complete.

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105.003-65 offered on eBay April 2015 at $5500

This watch carries a correct dial, but wrong bezel. The chrono hand is too late, and it would make sense that the watch had a service in late sixties or early seventies and had the bezel and hands changed.

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From here the case back looks good

Generally the case condition is above average for this reference.  The case back does have opening marks, and that reduces the value.

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Another angle shows opening marks
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The dial plots are degraded, to a dirty algae look. I do not find them attractive.

The dial is terrible, for this price. Blotchy, and with an unattractive fade, combined with dirty plots. It has a “dry” look.

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Movement looks ok

105.003’s used to be the “accessible” straight lug speedmaster. I have noticed some examples, nice ones, selling well over $6000. But these have had clean dials and correct bezels. Many of the ones offered recently have been poor, and expensive, with many incorrect parts. I don’t mind a poor example, if it is cheap enough to enjoy without worry.

It would make a fun wearing watch, if it were cheaper. The dial is really is not a good example, the hands are later and showing signs of many removals and refitting, and perhaps poor repainting. It could be enjoyed, by a certain kind of buyer. As a project this would need a lot of money: a dial for this will be in excess of $1000 and the bezel is now about the same.

Of of course this watch would need a service. A good workshop should be able to source and fit better vintage hands and that would make a big difference.

So to get this watch to a quality I would want at this price would take $2600!

It is all about price. At $5500 I would not touch it. At $3000 it would be a snatch, so somewhere between ought to be the real value.