Man Who Bought Rare Rolex in '70s for $345 USD Learns Its Value Is $500-700k USD

On a recently shot episode of ‘Antiques Roadshow.’

Watches
74,369 Hypes 1 Comments

During a recently shot episode of Antiques Roadshow in Fargo, North Dakota, a United States Air Force veteran brought in an ultra-rare Rolex Oyster Paul Newman ref. 6263 (not pictured) to learn its value. To say the least, the man fell to the ground when he learned its value.

According to Hodinkee, the gentleman was station in Thailand during the 70s, frequently traveling on Air America Airlines and Continental Airlines, nothing that the pilots often wore Rolex watches. He ordered one of his own through his base exchange for $345.97 USD. Though he purchased the Daytona intending to wear it during SCUBA diving, he decided it was far too elegant, refraining from wearing it completely. He left it to sit in a safety deposit for decades, including all the necessary paperwork, original receipts, and packaging that it had originally come with.

The appraiser noted that a watch like the one he brought it is expected to earn $400,000 USD at auction — the man fell to the ground. However, the appraiser noted that the watch was unworn and had all of its original documentation, including the sticker on the back, stating that the timepiece could sell for $500,000 USD to $700,000 USD at auction if it remains unworn.

You can check out the entire clip above.

For more related news, check out these special editions Hublots.

Read Full Article

What to Read Next

It's Time to Invest in the Honda S2000 CR, as This One Just Sold for $112k USD
Automotive

It's Time to Invest in the Honda S2000 CR, as This One Just Sold for $112k USD

The popular Japanese sportscar is rising to grail status before our eyes.

Rare Rolex Daytona 6241 “Paul Newman” Found in $25 USD Thrift-Store Couch
Watches

Rare Rolex Daytona 6241 “Paul Newman” Found in $25 USD Thrift-Store Couch

Valued at $250,000 USD.

A Rare 18K Gold Rolex "Paul Newman" Daytona Just Hit the Market
Watches

A Rare 18K Gold Rolex "Paul Newman" Daytona Just Hit the Market

One of five examples to ever hit the market.


Take a Behind-the-Scenes Look at 99%IS-'s Vol. 16 "OUR STORY WiLL BE HISTORY" Collection
Fashion 

Take a Behind-the-Scenes Look at 99%IS-'s Vol. 16 "OUR STORY WiLL BE HISTORY" Collection

An exclusive peek at the latest from designer Bajowoo.

Jay Worthy & Cardo Reconnect for Pressa & Kamaiyah Collabs "Bullshit" & "Off the Shits"
Music

Jay Worthy & Cardo Reconnect for Pressa & Kamaiyah Collabs "Bullshit" & "Off the Shits"

The lead singles in support of Worthy’s upcoming solo album.

Liife & King Lil G Unite Black & Brown Cultures on "Posing"
Music

Liife & King Lil G Unite Black & Brown Cultures on "Posing"

A new single in support of Liife’s comeback album.

Kawhi Leonard's New Balance "Inspire the Dream" Collection Releasing This Month
Footwear

Kawhi Leonard's New Balance "Inspire the Dream" Collection Releasing This Month

Meaningful takes on the OMN1S, 997S, 850 and 547, plus a full set of apparel.

Disney Is Making a Live-Action Bambi Movie
Entertainment

Disney Is Making a Live-Action Bambi Movie

Made in the same vein as ‘The Lion King’ and ‘The Jungle Book.’

Jordan Brand Unveils NBA All-Star 2020 Uniforms Inspired by Chicago Transit
Fashion

Jordan Brand Unveils NBA All-Star 2020 Uniforms Inspired by Chicago Transit

Borrowing from the city’s eight rail lines.


Shoe Palace x New Balance X Racer "Year of the Rat" Celebrates Chinese New Year
Footwear

Shoe Palace x New Balance X Racer "Year of the Rat" Celebrates Chinese New Year

With a festive colorway and zodiac-inspired details.

Nike Air Force 1 "Black Pack" Features Wear-Away Detailing
Footwear

Nike Air Force 1 "Black Pack" Features Wear-Away Detailing

Accompanied by an equally premium “White/Vachetta Tan” style.

Knxwledge Brings His Lo-Fi Touch to Meek Mill Freestyles With 'MEEK.VOL5_'
Music

Knxwledge Brings His Lo-Fi Touch to Meek Mill Freestyles With 'MEEK.VOL5_'

Giving Meek’s old battle rap home video footage a whole new vibe.

'Postmodern Architecture' to Showcase 200 Illustrations of Avant-Garde Structures Around the World
Art

'Postmodern Architecture' to Showcase 200 Illustrations of Avant-Garde Structures Around the World

Releasing next month.

Best New Tracks: PARTYNEXTDOOR & Drake, Rico Nasty, Roddy Ricch & More
Music 

Best New Tracks: PARTYNEXTDOOR & Drake, Rico Nasty, Roddy Ricch & More

Round out the week with some under the radar gems and must-watch music videos.


More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Adblock Detected.

We charge advertisers instead of our readers. If you enjoy our content, please add us to your adblocker's whitelist. We'd really appreciated it.