Long story. My father was a letter carrier in Manhattan, 85th and Park Ave during the 70's to 90's. He finds a Submariner laying in the street one day, just the body of the watch, no band or bezel even.
The Chrystal was scratched and yellowed. The watch did not move at all. He gives me the watch in early 2000, and I sat on it for about 13 years.
One day I decide to see if it can be repaired and at what cost. One of my wife's co workers also owned a jewelry store, and they offered to take it in and see what they could do.
I was told it would be near impossible to source the parts and was offered $850 for the watch. I declined, to think it over.
A couple weeks later I go to Rolex in Manhattan to see what they could do for me. First class operation they have there.
First they checked to see if it were on their stolen watch list, it wasn't, or they would confiscate it.
They then took it to one of their watch repairmen and he came out 15 minutes later.
Parts would be hard to source, the watch was from the mid60's, and it would not be original. With that, $3700 to repair and look new. I said thanks and walked out.
Fast forward a couple more months and cruising the net I see Bob's Watches in CA buys watches. OK, I'm leery but what the heck it's just an email.
A couple hours later I get a request for pics. Next day I get an offer of $5-10,000 depending on an inspection by them. Still leery, considering what I was offered previously, I accept their request to look it over.
They send a FedEx prepaid box for me to,ship the watch to them. A couple days later I get a phone call with an offer of $7,500.
They would have given me more except something about the condition of the dials, they apparently were very rare and very hard to source.
I honestly couldn't believe they would give me that kind of money for a watch missing so many critical parts.
Anyways, I took the money and called it a day. The most expensive watch I now own is probably that Hamilton.
I have pics of the Rolex somewhere on my computer.