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Discussion Starter #1 (Edited)
Well this came unexpected and made my day a whole lot more interesting. A good colleague of mine saw me browsing watch forums some time ago and said he had an old watch box back at his parents house with an old Seiko that belonged to his father. Today he showed up at my office with the Seiko box and a nice example of 6138 0011 inside.


He is a proud owner of Iwatch and not interested at all in mechanical watches, I suggested him to keep it for his son one day, but he seems eager to sell it. What do you think would be a fair price for this one?


The watch seems to be working fine, upper pusher is nice and smooth while the bottom one keeps getting stuck when pushed, probably due to all the dirt. There is some patina on the dial, it seems like it could be cleaned though. All the black stuff on the bracelet and watch itself is dirt, not rust.
 

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Send it to me, I'll take a picture and post it ;) If you don't buy it Please pass it to me. Thanks a Mint :) Yes, Sight unseen ;)
 

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New User and some sites have issues talking about money, but $250 USD would be a "fair" price IMHO, since all I do is price these out on eBay every other day. ;)

I have seen them go for much higher in much better condition, under $200 in poorer...maybe the box adds some value.

Hope that helps.
 

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New User and some sites have issues talking about money, but $250 USD would be a "fair" price IMHO, since all I do is price these out on eBay every other day. ;)

I have seen them go for much higher in much better condition, under $200 in poorer...maybe the box adds some value.

Hope that helps.
All original, including the original bracelet ... I might go a bit higher than that. UFOs are plentiful and maybe the least highly-priced 6138 model. That said, so many on eBay look like they have replacement parts — hands, pushers, etc. I’d consider paying extra for the originality.
 

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All original, including the original bracelet ... I might go a bit higher than that. UFOs are plentiful and maybe the least highly-priced 6138 model. That said, so many on eBay look like they have replacement parts — hands, pushers, etc. I’d consider paying extra for the originality.
condition, condition, condition. the lume on both the dial and hands are shot to the point that it's not really patina any more, but degradation. the original bracelet is in need of some major restoration; see how stretched it is?

it's cool that it's the guy's father's watch. it's obvious ol'e dad loved that thing and he wore it to death, literally and figuratively. if it was my dad's, i'd keep it in my sock drawer with the other watches and it would put a smile on my face. since it's not, i think the $200ish estimate is in the ballpark because your basically buying it for the case and movement.

<* shark >>><
 

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This is exactly what I look for in an original watch. I think the provenance elevates this above $250, but I’ve been spending too much time pricing Bullheads. If DAHASCO doesn’t want it I am interested even though that wasn’t your intention with this thread.


Sent from my iPhone using Tapatalk
 

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I am working on one of these for another forum member right now. Very cool 6138 Yachtsman. Built like a tank. Great restoration project.
 

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Discussion Starter #8
Thank you all for the feedback! I don't think I would wear it much if I bought it, it's a nice watch but not my style, I prefer 6139s. I almost wanna buy it, put it in the closet and give it to his son when he is 18 and tell him it's his grandfather watch and his dad was foolish enough to sell it.
Anyway I'll see with him if he wants to sell it here and I can send pm to those of you who expressed interest, for now I can't list it in the trade forum as I joined only recently.
 

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I would list it here, after I've overhauled it (doing two now) and in excellent condition for $1500.



Offer him $550 - 650. They're worth proper money (not the $250 - 300) so give him it :)
 

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I wouldn’t go too heavy, dial looks to have a lot of spotting going on. Lume is easy to sort on these but the dial would be a concern.

You may be able to clean it but the matte finish is very easily damaged on these and can look worse very quickly. IMO the biggest value in these old watches is the dial, everything else is relatively easy to get (although saying that there has been a couple of NOS UFO dials floating around on eBay lately)
 

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I wouldn’t go too heavy, dial looks to have a lot of spotting going on. Lume is easy to sort on these but the dial would be a concern.

You may be able to clean it but the matte finish is very easily damaged on these and can look worse very quickly. IMO the biggest value in these old watches is the dial, everything else is relatively easy to get (although saying that there has been a couple of NOS UFO dials floating around on eBay lately)
agreed, dial and hands are everything in a vintage watch. i don't care what the provenance is. sh#t dial / hands = no go, or at the very least, go cheap. pretty simple really.

<* shark >>><
 

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The Positives Spear hands, First Year Resist , Sub Dial areas have Silver finish with out finish missing, OEM Bracelet to me a BIG Plus. the Sub areas are Nice. the Dial indices and hands look to be able to be Relumed Needs Crystal, bezel is Fair. Case? Movement Not serviced ? or any history known. Because she is OEM and Bracelet I think $325 to $350 is Fair Knowing she is OEM and Bracelet Make a positive difference to me. Good Luck with Sale.Maybe the Owner has other watches to leave to his Son?
 

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Discussion Starter #16
Thanks for the feedback guys, the owner decided to restore the watch and will sell it afterwards. I'll post it here once it's done. Cheers!
 

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Thanks for the feedback guys, the owner decided to restore the watch and will sell it afterwards. I'll post it here once it's done. Cheers!
define "restore." depending on what's done, that could be a HUGE no-no to certain buyers. ie relume, new hands/dial, new bracelet and so on. sell as is because restoring won't really garner the owner that much more net cash in his pocket.

<* shark >>><
 

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define "restore." depending on what's done, that could be a HUGE no-no to certain buyers. ie relume, new hands/dial, new bracelet and so on. sell as is because restoring won't really garner the owner that much more net cash in his pocket.





Agreed :)


Tell him not to accept pathetic offers like $300 etc too.
 

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I wouldn't say a $300 dollar offer is pathetic. These sell for $500 in much better condition even in todays crazy market. I really think your price suggestions are the crazy ones. 550-650 for this watch with a aged dial, grungy lume, scratched up bezel and case is way too high.
 

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I wouldn't say a $300 dollar offer is pathetic. These sell for $500 in much better condition even in todays crazy market. I really think your price suggestions are the crazy ones. 550-650 for this watch with a aged dial, grungy lume, scratched up bezel and case is way too high.
I agree. I’ve recently sold both of my no lume speedtimer variants (which are a lot rarer) and both were in better condition with one being exceptional with mint bezel and dial, minimal fading etc and for way less than some of the figures above. I think even my really nice one on original speedtimer bracelet went for £500 and it was serviced & re-sealed with NOS crystal.

Tatty ones sat on eBay for $1k is one thing, actually needing to sell it and getting $1k is a different story.

For some reason UFO’s are one of the lower value 6138 variants too IMO.
 
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