A 6538 Submariner that was bought second-hand for only £20 in 1970 will be sold for £

[doramas]

https://www.dailymail.co.uk/news/art...0-auction.html





Things have changed a lot

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[Toronto Soup King]

Originally Posted by doramas

Things have changed a lot

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They sure have! You know back in 1970 if you reached a certain wage threshold, they made you pay extra tax. IIRC the weekly income threshold was £9 per week...£20 would've been a LOT for a second-hand steel watch for many people!

[salmanhamid]

Originally Posted by Toronto Soup King

They sure have! You know back in 1970 if you reached a certain wage threshold, they made you pay extra tax. IIRC the weekly income threshold was £9 per week...£20 would've been a LOT for a second-hand steel watch for many people!

Still a lot less than what you pay for a second hand SS sub these days, £20 for a 2 weeks wage now probably you can get a Tag for 2 weeks average wage.

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[Vincent65]

"....and has a black face with gold hands with a Mercedes Benz logo on the hour hand."

@ Joe Middleton of the Mailonline: No, it doesn't. It's not their logo, or a logo at all; it merely slightly resembles the Mercedes emblem.

Fortuitous pick-up, anyway!

[miamiclay]

Unless they are adjusting currency, the Daily Mail botched the math.

£150,000 is not 1500 times the original £20 purchase price, it’s 7500 times.