Luxury Watches, Rolex, Rolex Daytona, Rolex Orange County, sell my rolex, vintage luxury watch, vintage watches, watch collector

A man who bought a Rolex Daytona for $543 in 1973 found out it’s now worth at least $100,000

Original article from businessinsider.com

These are the stories you love to hear. Unsuspecting man – a pilot – because of course he’s a pilot – needs a watch for navigation purposes in the early 1970s. So he stops into his local watch shop, picks up a watch. Maybe that gold one, with the weird dial that nobody seems to want? Sure. He pays $543.38 for it, wears it for a few years, then puts it away. Decades pass. He hears that Antiques Roadshow is coming to town, and think his little gold Rolex might be worth $500, or maybe a little more. Yeah, he was right.

daytona hodinkeevia Hodinkee

When he met the appraiser on Antiques Roadshow, he was told the Daytona, which – oh, by the way happens to be a solid-gold Paul Newman Daytona; and oh, by the way it has the original box, papers, receipts, strap, and buckle – could easily be worth $100,000 and that it was a reference 6263. It’s not a 6263, but the watch certainly could easily be worth $100,000, and in fact, quite a bit more. You can watch the full clip here.

Read the complete article on businessinsider.com

Comments

comments

Leave a Reply

Your email address will not be published. Required fields are marked *

four + 4 =