{"id":239476,"date":"2023-10-26T03:06:17","date_gmt":"2023-10-26T03:06:17","guid":{"rendered":"https:\/\/lovemainstream.com\/?p=239476"},"modified":"2023-10-26T03:06:17","modified_gmt":"2023-10-26T03:06:17","slug":"rare-watch-that-was-bought-for-60-then-worn-virtually-everyday-sells-for-eye-watering-sum-the-sun","status":"publish","type":"post","link":"https:\/\/lovemainstream.com\/lifestyle\/rare-watch-that-was-bought-for-60-then-worn-virtually-everyday-sells-for-eye-watering-sum-the-sun\/","title":{"rendered":"Rare watch that was bought for \u00a360 then worn 'virtually everyday' sells for eye-watering sum | The Sun"},"content":{"rendered":"
A RARE watch which was bought for \u00a360 in 1965 has sold for an eye-watering sum.<\/p>\n
The Rolex Oyster Submariner went under the hammer at Gardiner Houlgate Auctions in Corsham,\u00a0Wiltshire.\u00a0<\/p>\n
\n<\/p>\n
After fetching a hammer price of \u00a365,000, added auction fees pushed the final selling price to an incredible\u00a0\u00a382,160 – 1,370 times what was paid for it. <\/p>\n
The 'stand out' aspect of the watch is the '369' design. <\/p>\n
Rolex experimented with having the three, six and nine on the black dial in digits to mark the hours.\u00a0<\/p>\n
These watches are extremely rare these days and can be very valuable.<\/p>\n
David Hare, watch specialist at Gardiner Houlgate, said: "It was bought by the owner for \u00a360 so it is not a bad investment.<\/p>\n "The stand out thing about this Rolex model is the dial. It has got an Explorer dial with three, six and nine in digits rather than batons.<\/p>\n "The Explorer range was experimental but Rolex realised it wasn't that popular so they scrapped it after a couple of years and that is what gives this watch its value.<\/p>\n "Also Rolex offered a service to replace the dials once they had become damaged. This one has got its original dial. It also has its original case which is a bit battered.<\/p>\n <\/span><\/p>\n <\/span><\/p>\n <\/span><\/p>\n <\/span><\/p>\n "The owner hasn't worn it for a while but it was very much his everyday watch.<\/p>\n "It never ceases to amaze me that despite the rarity of these models, we keep finding them!<\/p>\n "Viewing this particular dial out of the case I have to say the gloss and condition is remarkable and just what the top collectors seek.<\/p>\n "This is a fantastic result and our client who will be delighted to have such a positive return from his initial \u00a360 purchase back in 1965.<\/p>\n "Considering the current economic climate, vintage Rolex watches continue to attract high demand from all four corners of the globe and it is just amazing when these examples appear, a real "Antiques Roadshow" moment."<\/p>\n It comes after a shocked Antiques Roadshow guest collapsed to the ground after hearing how much his Rolex watch was worth.<\/p>\n Army veteran David was left stunned when he brought the timepiece in for valuation on the US version of the show.<\/p>\n<\/picture>LAST ORDERS <\/span><\/p>\n
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