Man Tries to Sell Rolex Submariner Watch for $9.95 and Gets $66,100


One of the most interesting eBay stories last year was the one about a guy called Bob, who listed his 52 year-old diving watch for a 7-day auction on eBay at a starting price of $9.95, and sold it for amazing $66,100.
Bob is a retired Navy doctor and a former owner of a vintage Rolex Submariner dive watch. He got this watch pretty cheap at Navy Exchange fifty-two years ago. Bob wrote a simple and honest description for his item: “It has served me well, but Father Time having caught up with me, I no longer dive. For the last several years, it has been sitting in a dresser drawer, and now it’s time for somebody else to take it over … Now that I’m in my ninth decade, I’m downsizing and need to unload a lot of what are really just souvenirs. So here’s your chance to pick up a rare iconic timepiece.”
Bob actually had no idea that the watch was a collector’s item, but that became obvious soon after posting it in eBay, when the price skyrocketed to $30,000. Bob did a little research together with his son, and they discovered that Sean Connery in Dr. No, Goldfinger and Thunderball wore the very same model of The Rolex Submariner Ref 5510. Bob did not own the actual piece, but the whole line of these rare models was nicknamed the Bond Rolex.
The auction was very interesting and exciting. Even in the final minutes no one was really sure how much will Bob get. There were as much as four cancelled bids dropping the price from over $60,000 back down to $31,000, but it eventually got to a final selling price of $66,100.
Bob was very happy at the end, but the buyer has a reason to be even happier: the same model with a different wristband was sold for $100,000 at an auction in 2008.
Photo:
Bob with his watch. The second from left is Christopher Reeves, the actor most famous for playing Superman.

2 Comments

  1. Anonymous says:

    Expected a dinner got a down payment for a house. CHACHING :)

  2. rbalboa says:

    Why can’t any of my junk sell for thousands of dollars on eBay? :(

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