We all know how strong the market is for pre-owned Rolex watches, especially the steel models which are highly desirable thanks to its huge shortage at retailers. We recently did a story on how Rolex has been dominating the eBay marketplace for the last 25 years. So, putting money into a Rolex is never a bad idea; you?re guaranteed of a good return if you ever choose to sell it. However, it?s a completely different thing if you inherit a Rolex; that too an incredibly rare one! It?s like hitting a jackpot. A lady in England got the surprise of her life when she realized that the Rolex left behind by her father was worth more than $260,000. The watch that is now being sold is a Rolex Submariner 5512, with an exceptionally rare 3-6-9 dial.
The rare Rolex was originally owned by a miner who bought the watch to celebrate his 40th birthday in 1964 for just $90. The Rolex Submariner 5512 with the Explorer 3-6-9 dial was only produced for a short period in the early 1960s, and very few survive with the unique dial as they were regularly replaced at the time of service. The watch is now being sold by the original owner?s daughter and son-in-law and it will be auctioned at Gardiner Houlgate auctioneers in Corsham, Wiltshire, on October 21. David Hare, director of the auction house said: ?This is the holy grail of vintage watches. There are so few of these left in their original condition that they command very high prices and are sought after by collectors all over the world.?...