Buy a Rolex in the 1970s with a month's salary → current value is about 76 million yen

It's going to fall apart.

Isn't the most exciting part of watching a so-called ``Kaiun! . American treasure house Antiques Roadshow recently listed a Rolex that was never worn by a veteran man for $700,000.

This episode was filmed in Bananzaville, West Fargo, North Dakota. The former U.S. Air Force man noticed Rolexes worn by commercial airline pilots in the '70s while stationed in Thailand and thought he was a reputable brand. Na. Years later, looking for a diving watch, he ordered a Rolex Cosmograph Daytona Reference 6263 for $345.97 through a military base concession stand. It's a price point that would overwhelm a watch collector, but when this watch was ordered in 1974, a volunteer's salary was around $300-400 a month, so it was definitely a big splurge.

A year later, when the watch arrived, he thought it would be too expensive to wear while scuba diving and not to be spoiled in salt water. So he stashed it in a safe, along with the packaging and papers, and only a few times, he says, took out his watch to look at it. That's what made this Rolex so expensive.

1 month salary for Rolex in the 1970s Buy it for money → current value is about 76 million yen

Bonanzaville, Hour 1 | Rolex Oyster Cosmograph & Documentation, ca. 1971 | ANTIQUES ROADSHOW | PBS

Travel with ANTIQUES ROADSHOW to Bonanzaville in West Fargo for the biggest find...

https://www.youtube.com/watch?v=b9Y4bmbh1KY

The appraiser for the show explains that this watch is a model called the Rolex Daytona, and that it's a coveted collector's model because Paul Newman wore a similar model in the movie Racer. . What's more, this man had a model that is higher than the Daytona that appears in the movie, and as the word "Oyster" on the dial indicates, the waterproof performance has been improved, and it is very rare.

Even the case back seal, which fell off over time as it was never worn, made this watch practically new even though it was made in 1971. . Given the original packaging, along with the paperwork, receipt and blank warranty card, and the popularity and demand for this particular Rolex model, appraisers estimate it could fetch between $500,000 and $700,000 at auction. I was.

After seeing such a surprising development, you'll want to look for hidden treasures in your family's home.

Source: PBS, HODINKEE, YouTube,