Video: The Worth of a Watch
An “Antiques Roadshow” guest in West Fargo, N.D. literally fell backward when he learned the estimated worth of a Rolex he got in 1974…
The man paid $345.97 for while in the Air Force in 1974.
Appraiser Peter Planes told him the model was a lot like one worn by the late actor Paul Newman that auctioned for around $200,000. The man then lost his footing in what appeared to be a pratfall after Planes noted that the word ‘Oyster’ inscribed on the watch is “extremely, extremely rare,” putting it more in the $400,000 range.
Planes said since the watch is in nearly perfect condition, it could appraise for between $500,000 to $700,000.
Newman’s actual Daytona Rolex went for a record-setting $17,752,500 in 2017, the Post reported.
Planes said he didn’t ask what David planned to do with the money he could earn from selling the timepiece.
