Courtesy picture WrightMarshall on the Panerai 3636
A Rolex 17 Rubis Movement
How about a watch that
never quite seems to lose its value?
An English
gentleman found a watch when he was clearing what his late father has left him.
It is estimated that the watch was bought by the man’s father around 10 – 20
years ago for 10 pounds. The watch comes without a strap and it does not work
very smoothly during winding. He then tried to auction off his watch and was
informed that the watch sold for 56k pounds.
The watch’s value
literally increased 5,500 times.
What watch is it?
It is a Rolex 17 Rubis Panerai 3636, which was used by frogmen of the Royal
Italian Navy during WWII. The watch was developed by Panerai using a Rolex
movement.
What does this
story tell you?
First, auction is
an amazing thing. It can help you discover the true value of things.
Second, buy
yourself, or your son a watch, be it a Rolex, a Bulova, a Panerai or a Seiko.
It is one of the best things that can keep or even increase its value after
years pass by.
I sometimes doubt
whether these stories are true. However, what is true is that the value of a
good watch never fades. Watches for divers are especially hot. Look at military
Panerai or Comex Rolex.
These watches are for divers and carry a certain kind of
glamor to men. Moreover, these watches are historically important.
How about if your
father does not leave you a Rolex or a Panerai?
Never mind young
man. Not every father can afford a Rolex. But I believe that most fathers want
to make sure that his sons can. Do not blame your father if he leaves you a 1k
HKD Seiko. Instead, wear it with pride because its value cannot be counted by
any calculator.
Jason L.
👍🏻
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