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andrewjb88 · 23 October 2023, 06:27 AM

Hi all,

I've got my dads watch, he left it for me in his will when he passed away, I cherish the watch so much that it only really gets worn for special events and around the house. its a 1999 16203 (in my profile picture).

I had it valued by a UK Rolex AD the other day and was shocked at the valuation (more than I was expecting) while we were there we noticed that rather than the watch being supplied/sold by an AD, this watch was sold by Rolex UK themselves, now I know the watch was originally owned by the owner of another local AD, it was the owners personal watch. He had it 1999-2002 then my mum bought it and gave it to my dad in 2003 for his 40th. Has anybody seen watches not sold via AD but directly before? It was the owner of the AD that did the valuation and he said his personal watches are purchased through his own company so show as being supplied by his AD hes never seen one supplied by Rolex UK before. I'll dig out the certificate in a minute to post a pic.

Also can anybody tell me what the RRP would of been back in 1999 for the watch in GBP? and approx value in 2002? my mum thinks she paid about £2000 for it.

Alpino · 23 October 2023, 07:20 AM

.

RRP was 3150£ in 1999 as well as 2002, for 16203 on Oyster bracelet.

Previous RRP was 1835£ as of 1996

andrewjb88 · 23 October 2023, 07:45 AM

Thanks, mum reckons she paid £2000 ish for it buying it from the owner of the AD, and he sent it to Rolex London for service as part of the deal. Maybe second hand market wasn't strong in 2002? (somebody will be able to confirm)

andrewjb88 · 23 October 2023, 08:34 AM

Watch was actually 1998 not 1999 certificate has a stamp for AD which reads "Rolex Bexley - Kent - DA5 2AA"

Nice marmot · 23 October 2023, 09:37 AM

I worked at a Rolex AD in the US from 1996-2001. During that time I believe there was a program whereby an employee of the AD could purchase a Rolex direct from Rolex for either cost or a bit below. It was limited to maybe one watch a year or every few years. So, yea the owner of the AD could very well have purchased that watch directly from Rolex.

Unfortunately, I was a broke college student at the time so I wasn’t really in a position to look into the program or take advantage, but a good friend of mine still has her date just she picked up when she worked there.

andrewjb88 · 24 October 2023, 08:08 PM

Yeh that makes sense I think thats what he has done, next time I'm in the supplying AD I will ask him if hes around, think hes semi retired now.

23 October 2023, 06:27 AM	#1
andrewjb88 "TRF" Member Join Date: May 2018 Location: United Kingdom Watch: 16302 Rolex OP Posts: 752	1999/2002 Rolex prices and supplier question Hi all, I've got my dads watch, he left it for me in his will when he passed away, I cherish the watch so much that it only really gets worn for special events and around the house. its a 1999 16203 (in my profile picture). I had it valued by a UK Rolex AD the other day and was shocked at the valuation (more than I was expecting) while we were there we noticed that rather than the watch being supplied/sold by an AD, this watch was sold by Rolex UK themselves, now I know the watch was originally owned by the owner of another local AD, it was the owners personal watch. He had it 1999-2002 then my mum bought it and gave it to my dad in 2003 for his 40th. Has anybody seen watches not sold via AD but directly before? It was the owner of the AD that did the valuation and he said his personal watches are purchased through his own company so show as being supplied by his AD hes never seen one supplied by Rolex UK before. I'll dig out the certificate in a minute to post a pic. Also can anybody tell me what the RRP would of been back in 1999 for the watch in GBP? and approx value in 2002? my mum thinks she paid about £2000 for it. __________________ Rolex Datejust 16203 Omega Seamaster Professional 300m Tudor BB GMT Luch one hand

23 October 2023, 07:45 AM	#3
andrewjb88 "TRF" Member Join Date: May 2018 Location: United Kingdom Watch: 16302 Rolex OP Posts: 752	Thanks, mum reckons she paid £2000 ish for it buying it from the owner of the AD, and he sent it to Rolex London for service as part of the deal. Maybe second hand market wasn't strong in 2002? (somebody will be able to confirm) __________________ Rolex Datejust 16203 Omega Seamaster Professional 300m Tudor BB GMT Luch one hand

23 October 2023, 08:34 AM	#4
andrewjb88 "TRF" Member Join Date: May 2018 Location: United Kingdom Watch: 16302 Rolex OP Posts: 752	Watch was actually 1998 not 1999 certificate has a stamp for AD which reads "Rolex Bexley - Kent - DA5 2AA" __________________ Rolex Datejust 16203 Omega Seamaster Professional 300m Tudor BB GMT Luch one hand

24 October 2023, 08:08 PM	#6
andrewjb88 "TRF" Member Join Date: May 2018 Location: United Kingdom Watch: 16302 Rolex OP Posts: 752	Yeh that makes sense I think thats what he has done, next time I'm in the supplying AD I will ask him if hes around, think hes semi retired now. __________________ Rolex Datejust 16203 Omega Seamaster Professional 300m Tudor BB GMT Luch one hand

23 October 2023, 07:20 AM	#2
Alpino "TRF" Member Join Date: Jul 2012 Location: Paris Posts: 2,541	. RRP was 3150£ in 1999 as well as 2002, for 16203 on Oyster bracelet. Previous RRP was 1835£ as of 1996

23 October 2023, 09:37 AM	#5
Nice marmot "TRF" Member Join Date: Mar 2020 Location: US Posts: 174	I worked at a Rolex AD in the US from 1996-2001. During that time I believe there was a program whereby an employee of the AD could purchase a Rolex direct from Rolex for either cost or a bit below. It was limited to maybe one watch a year or every few years. So, yea the owner of the AD could very well have purchased that watch directly from Rolex. Unfortunately, I was a broke college student at the time so I wasn’t really in a position to look into the program or take advantage, but a good friend of mine still has her date just she picked up when she worked there.

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