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Thanks @freddo I have attached a bad phone pic...
The store guarantees authenticity and while they're not Rolex AD they are happy for me to get the watch inspected by one. They say it's original 1990 spec. Serviced by them with a 2 year warranty. It all feels very legit and they've been in business for 30+ years BUT I know I'm paying location and probable tourist tax given that they are in the famous QVB Sydney.
https://www.kalmarantiques.com.au/
Pic:
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Yeah, I've bought expensive jewellery in QVB. At least you know that the retailer has a strong reputation to protect.
Dial and hands look nice, lume plots still clean and present (example)
lugs still look pretty thick which is good (check this against google image search)If I was being picky, it's had a polish and looks like the grinding wheel was a little rougher than should have been used - the grain in the metal is pretty pronounced. Otherwise it looks like a pretty nice example.
Other than checking the movement and model / serial numbers and the hallmark, you just have to decide if you want to buy the confidence and security value that a quality dealer will give you. On a piece like this I would say so providing the premium isn't astronomical.
you're obviously going to pay a 20%+ markup on a private sale. Is the dealer willing to offer a guarantee of authenticity and originality? is it serviced, and by whom? Fully original and unmolested? What condition is the case? Can you post a picture?
Edit: on an oyster bracelet you should be looking at around £4000 B&P from a dealer I would think. On a strap perhaps £3000