When something is popular for a time, it can be difficult to know how much it will be worth in the future. Beanie Babies, for example, are not nearly as valuable today as people thought they would be during the late ’90s (sorry, kids!). Meanwhile, a copy of the original 1938 Action Comics #1—the first appearance of Superman—is worth a fortune today.
Of course, this all comes down to supply and demand. For the most part, everybody that wants Beanie Babies already owns them from when they were at their peak of popularity. On the other hand, comic book readers used to treat their old comics like trash. Characters like the Man of Steel are still wildly popular, which makes old Superman comics highly desirable and rare.
With that in mind, the Rolex watch that one man kept is an interesting case. He could barely afford it when he first bought it over a half of a century ago, but now…
Many people who have their possessions appraised by the television show Antiques Roadshow find themselves shocked by how valuable their items are.
This man, an Army veteran, suspected that his old 1960 GMT Master Model Rolex watch that he’d purchased 55 years ago while stationed in Germany must’ve been worth something, especially since he still had the original box and paperwork. The watch cost him $120.35 in 1960; the man recalled his salary in the Army “was just under $100 a month.”
The man told appraiser Peter Planes, “I bought the watch just before I came back to stateside. My sergeant recommended it before I came back to the States: ‘Buy a Rolex watch.’ He thought it was the best watch ever made.” When Peter asked if he was familiar with Rolex, the man said, “I’d never heard or seen one before, I just took his word that it was a great watch.”
That ended up being the best advice he’d ever taken. The man wasn’t prepared when the watch’s real value was revealed…
His reaction was absolutely priceless! Watch his face when Peter tells him its value…
That is a truly life-changing amount of money. Hopefully that lucky man spends (or saves) it wisely! It just goes to show you that you should always save your paperwork for any major purchase!
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