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How much gold in Rolex watches?

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fredd...@my-deja.com

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Jan 6, 2000, 3:00:00 AM1/6/00
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I have a Day-Date and a two-tone Datejust I bought in 1994,brand new,
both men's.
Can someone tell me the exact gold content of these watches?


Sent via Deja.com http://www.deja.com/
Before you buy.

Chris

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Jan 10, 2000, 3:00:00 AM1/10/00
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fredd...@my-deja.com wrote:
>
> I have a Day-Date and a two-tone Datejust I bought in 1994,brand new,
> both men's.
> Can someone tell me the exact gold content of these watches?

I could make a guess, but it would only be a guess. Why do you care?

fredd...@my-deja.com

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Jan 10, 2000, 3:00:00 AM1/10/00
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i am just curious. looking at both watches i try to justify the 5
thousand dollar price differential, and i can't.
so i looked all over the internet for the answer and cannot find it.
now that just peaks my curiosity, along with the fact that no one will
answer the question!
so please give me your best estimate.

In article <3879CD77...@tech.com.au>,

NE333RO

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Jan 10, 2000, 3:00:00 AM1/10/00
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> i looked all over the internet for the answer and cannot find it.
>now that just peaks my curiosity, along with the fact that no one will
>answer the question!
>so please give me your best estimate.

For starters you need to be much more specific. You want to know the "exact
gold content" of the watch. Are you asking for the karat of the gold, the
weight of the gold, or the weight of just the gold without the alloy? Now, how
many links are in the watch? Gold face? Gold bezel or diamond? See what I'm
getting at? Your question is unanswerable as asked.
I would hazzard to guess that even with all of the "exact" information
needed to give you an "exact" answer, most of us have never taken one apart and
weighed the gold. Rolex is probably not going to give you that information
because they don't want you to realise that all of the added cost ISN"T due to
the weight of the gold.

Steve Kosloske

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Jan 10, 2000, 3:00:00 AM1/10/00
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One thing I've always wondered, since the gold on newer Rolex's is solid
18K, do used Rolex's go up in value when gold gets more expensive? If the
per ounce price of gold shot up to $800 like in the early 80's, would the
used Rolex market get pricey?

Chris <ch...@tech.com.au> wrote in message
news:3879CD77...@tech.com.au...

John Francis

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Jan 11, 2000, 3:00:00 AM1/11/00
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I just have to laugh! The used Rolex market is already pricey! Just look at
stainless steel daytonas selling for thousands above list, and I don't think
stainless steel has increased in price. Of course if the price of the raw
material (gold) increases, the price of the final product will increase.
Case in point: when the Hunt brothers cornered the silver market, the price
of photographic X-rays shot up. Of course silver is selling for a fraction
of the cost, but photographic x-rays are still sky high. Gotta love those
margins! Still, I think it's just what the market will bear. Most of those
jewelry watches like Bertolucci and some of the Piagets and Chopards, are
worth nothing more than the melt value of their gems and gold--a FRACTION of
what the watch costs new. Probably if gold went up to 800/oz, there is still
so much of a margin in a gold Rolex that there would be no reason to raise
prices (but wouldn't it be a GREAT excuse!).

While the cost of a gold watch is hardly due strictly to its precious metal
content (How much does an 18kt President weigh? Someone want to calculate
the worth of the gold?), I did hear someone once discussing the problems
involved in creating watches from precious metals--like having "bonded"
workers and recovering the machining bits, and keeping stock on hand that
would also drive up the cost.

Regards,
John Francis


"Steve Kosloske" <ste...@mail.gmttech.com> wrote in message
news:387aa2c4$0$13...@news.sol.net...

Wuzzzer

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Jan 12, 2000, 3:00:00 AM1/12/00
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> I did hear someone once discussing the problems
>involved in creating watches from precious metals--like having "bonded"
>workers and recovering the machining bits, and keeping stock on hand that
>would also drive up the cost.

I talked to a Rolex rep and he said that when the solid 18k oyster cases are
being made, it is done under the watchful eye of the Swiss government. Every
gram of gold going into the facility must be accounted for on it's way out,
whether it be in the watch case or in the scraps and gold dust by-products left
by maching the case out of the ingot of 18k gold.
Mark
Wuz...@aol.com
$$$$$$$$$$$$$$$$

k clark

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Jan 12, 2000, 3:00:00 AM1/12/00
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The Rolex rep seems a little dramatic - I'm sure Rolex is very interested in
preventing theft but why would the Swiss government care about Rolex losing
gold tailings?

Wuzzzer wrote in message <20000111231120...@ng-fs1.aol.com>...

Watchking

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Jan 13, 2000, 3:00:00 AM1/13/00
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GET PRICEY? You mean get more pricey than it is already, Yes indeed.
Having bought solid gold cased pocket watches in the years 1977-79 the
prices at shows often changed as the price of gold went up. I sold most
of mine when the price of gold hit $650/oz, and rebought many of the
identical models for less in 1988. Watchking

In article <387aa2c4$0$13...@news.sol.net>,


"Steve Kosloske" <ste...@mail.gmttech.com> wrote:
> One thing I've always wondered, since the gold on newer Rolex's is
solid
> 18K, do used Rolex's go up in value when gold gets more expensive?
If the
> per ounce price of gold shot up to $800 like in the early 80's, would
the
> used Rolex market get pricey?
>
> Chris <ch...@tech.com.au> wrote in message
> news:3879CD77...@tech.com.au...
> > fredd...@my-deja.com wrote:
> > >
> > > I have a Day-Date and a two-tone Datejust I bought in 1994,brand
new,
> > > both men's.
> > > Can someone tell me the exact gold content of these watches?
> >
> > I could make a guess, but it would only be a guess. Why do you care?
>
>

--
Theodalitic Timekeeper for the OutLaws of Physics
101000110000000+100-110:101000110000000
ad infinitum
we don't get enough sand in our glass

Henry A. Kolesnik

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Jan 15, 2000, 3:00:00 AM1/15/00
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so how much actual gold is there in a president?

GSpen60676

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Jan 15, 2000, 3:00:00 AM1/15/00
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Fineness of gold karats
8k .3333%
10k .4167%
12k .5000%
14k .5833%
18k .7500%
24k 1.00% (100%)

The karat content should be stated on the watch case. If the karat contant is
not stated on the case then assume there is no gold in the case. Hope this
information help. Patrick /Sunnyvale, Calif

Wuzzzer

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Jan 16, 2000, 3:00:00 AM1/16/00
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The watch itself weighs approximately 145 grams. So, subtract whatever the
movement and crystal weighs and you'll have the total amount. Sorry I can't be
more specific.
Mark
Wuz...@aol.com
$$$$$$$$$$$$$$$$

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