This man bought a Rolex watch in 1974 for $345.97. It's now valued at between $500,000 and $700,000.
Told a watch like his is now worth $400,000 at auction between, the man toppled to the ground.But the appraiser wasn't finished. Because of the watch's pristine condition, the watch was valued at between $500,000 and $700,000.What causes this guy to lose it on @RoadshowPBS?!— Vermont PBS January 26, 2020 The man appeared on the PBS series"Antiques Roadshow" with his unworn Rolex Oyster Cosmograph Reference No. 6263 in hopes of learning its value.
Instead, he kept the watch in a safety deposit box for nearly 40 years, only taking it out a few times to check on it. Not only was the watch in perfect condition, but the veteran had saved the warranty papers, original Rolex brochure for the Cosmograph, two receipts, and the two original boxes the Rolex came in.Collectors love the watch because Paul Newman wore a similar model in the 1969 film,"Winning," said appraiser Peter Planes."It's an absolute fabulous find.
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