GUEST: My uncle, my father brother, he had passed it down to me. I guess he bought it while he was out in California. And him and his wife, in 1997, they moved to Georgia because he wanted to be close to his brother, which is my, my father. And within a year, his wife passed away. He stayed down there with us and he eventually moved into assisted living. He would always complain. He said, "Ooh," he said, "I keep misplacing this watch." And he said, "Here, I'm going to give it to you." I wore it a couple of times. But the majority of the time, it was in a safe deposit box. So.
APPRAISER: What I really like about it is, it's not one of the newer ones. It's an older one.
GUEST: Yes.
APPRAISER: It's an early Day-Date. It was manufactured, by the serial number, about 1964.
GUEST: Mm-hmm.
APPRAISER: And I believe it was sold in 1965.
GUEST: Mm-hmm.
APPRAISER: And it's great that you have the original chronometer bulletin here, with the serial number of the movement and of the case on there.
GUEST: Mm-hmm.
APPRAISER: I really love this Day-Date booklet here, copyrighted 1964. So it falls right in line with everything. This booklet is really extremely rare.
GUEST: Mm-hmm.
APPRAISER: Your watch is a Presidential Rolex, we refer to it as a Presidential, the Day-Date model, all 18-karat gold. This watch has the original bracelet. Totally original. Case is original, bezel, movement, all original. And these watches recently have started becoming very collectible. Champagne-gold dial on it. You do have a little... We saw the crack on the crystal there. It's an acrylic crystal. It needs to be fixed. If you don't replace it, it, it will not be water-resistant. Original red leather box for it. Quite unusual. And that's even the calendar from 1965 that was still with it.
GUEST: (chuckles)
APPRAISER: So it, just wonderful that it has all this packaging.
GUEST: Mm-hmm.
APPRAISER: And you've got all the, all the stuff with it. Any idea what your uncle paid for it when he got the watch?
GUEST: No.
APPRAISER: If you had to venture a guess on the value, what would you, what would you consider value on this would be?
GUEST (exhales): I would say somewhere between $9,000, $12,000. But now that you say it's a earlier model, I would say $15,000, somewhere around there?
APPRAISER: You're getting close. Your watch today at auction, I see it bringing, with everything that it has with it, it would definitely sell easily in the $18,000 to $20,000 range.
GUEST: Mm. That's good, that's really good.
APPRAISER: Nice gift.
GUEST: Nice gift.
APPRAISER: I would think back in 1964, '65, in that era, this watch would definitely retail for less than $1,000.
