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Wales Online
Wales Online
National
Neil Shaw

Rolex bought for £70 to be sold for up to £45,000

A rare Rolex watch bought for £70 nearly six decades ago and which featured on the BBC's Antiques Roadshow could fetch more than £45,000 at auction. Peter Barnett, 57, inherited the timepiece from his father Simon Barnett, a Royal Navy search and rescue diver, just before he died in 2019 aged 80.

But he's deemed it too valuable to wear day in day out, and has since decided to sell the watch with TW Gaze auction rooms. The rare watch will be sold, and is expected to attract in the region of £45,000. Peter said: "The watch is very precious to our family and its not a fashion piece - it was involved in a number of important rescue missions.

"It's been a hard decision, but I feel selling it now is the right thing to do."

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