fb

Man brought to tears after learning true value of his £132 Rolex

According to the Antiques Roadshow watch expert, this rare iteration of the Rolex Submariner is worth a lot more than what the owner paid for it.

Published on Jul 26, 2023 at 3:55PM (UTC+4)

Last updated on Aug 7, 2023 at 7:32PM (UTC+4)

Edited by Kate Bain
Rolex Submariner Antiques Roadshow, featured image

A guest on BBC’s Antiques Roadshow has been left speechless after being told the value of his Rolex.

The watch in question was a rare iteration of the Rolex Submariner and was passed down from his father, who bought it for just £132 ($170).

READ MORE: Dealer shows how to spot a fake Rolex

“He bought it for himself in 1972 when I was seven and me, my mum, my dad and my brother went to Birmingham to buy it,” he said.

“My dad passed away and he gave it to me a couple of months before he passed away. It means absolutely everything to me. It’s part of my dad. It’s a very, very special watch that is and will be forever,” he added.

The Rolex owner said his father never modified the watch except for the bracelet, which was replaced a couple of times over the years.

After having the watch examined and appraised, BBC’s watch expert Richard Price was ready to give the Rolex’s owner the good news.

Price told him it was a genuine vintage Rolex Submariner.

He also said that watch collectors – particularly Rolex collectors – were “pedantic” and always looking for the X factor when it came to rare iterations of the Submariner.

“Within a 10-year period, this watch was made with six different types of dial,” Price said. “And it has the word ‘Submariner’ written in red, which is why collectors call it the Red Submariner”.

Then Price delivered the verdict.

“I hope you guys are going to be really, really pleased with this. It’s going to be around the £20,000 mark,” Price said.

For reference, £20,000 is equivalent to $25,000.

Not bad for a watch that only cost £132.

“It’s something you’ve obviously loved and you’re going to keep forever,” Price said.

“It was your dad’s and I think that’s a lovely, lovely story.”

You might be interested in

Related Articles

Jaw-dropping timepiece made from parts of Ayrton Senna's car
All 6,000 residents of this Polish town live together on one street
Extraordinary rare footage emerges of iconic Concorde landing on Caribbean island
Johnny Depp looking to splurge $5.15 million on historic castle in Italy
Abu Dhabi launches A2RL, the world's first autonomous racing league
Steve Jobs' obsession with $45m Gulfstream Jet inspired quirky Apple design
China developing high-speed submarines propelled by lasers
Fresh behind-the-scenes images show The Line's transport network taking shape