View single post by KenC
 Posted: Wed Feb 18th, 2015 10:57 am
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KenC



Joined: Sun Sep 4th, 2005
Location: Florida &, Arizona USA
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http://www.msn.com/en-us/news/offbeat/ariz-man-buys-watch-for-dollar6-sells-it-for-dollar35000/ar-BBhHiKP?ocid=U305DHP



It had taken a licking and was ripe for the picking.

But only if you knew the real value of a 1959 Jaeger-LeCoultre diving watch.

And Zach Norris of Phoenix knows his watches.

He saw the rare timepiece, sans wrist band, at his local Goodwill store. The price tag said $5.99.

"I didn't even want to give it to her scan," he says of his rock bottom-priced purchase. "I was like, 'You can scan it in my hand if your want to.' I just didn't want to let it go," he told KTVK-TV.

When he did let it go, it was for $35,000.

Less than 1,000 of the diving watches were ever made.

"I knew I didn't want to keep it because it's kind of above my means to have a piece like that," he said. "I had a couple of good offers."

After seeing the Jaeger-LeCoultre on Hodinkee.com, a collectors' website, an aficionado in San Francisco offered $35,000 and a $4,000 Mega Speed Master watch.

Norris was only too happy to take the offer.

"We're planning a wedding," he said. "We've been a planning a wedding for a while, but now that we have the extra funds, we're going to go ahead and start taking care of everything.

"We're excited," he said.
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