Rolex Submariner was only US$310 in year 1960s

Hi RWC, Rolex Watch Collectors or Regular Watch Collectors,

Finally, I have found a receipt of a Rolex Submariner from 1960s along with the watch in an auction house. The value was only US$310 in 1960s and when I attended the auction, the final price for the watch was US$4800 plus 15% premium.

Here is the watch:

For other Rolex price guide click Here

After doing a bit of calculation the value of the watch has increased 14.48 times over 50 years. Goodluck to those who has this watch in their collection. There is another similiar piece but from the year 1979. Go and see its value from the above link.