Tennos
·This is an enjoyable thread and less vitriolic than most, which reflects well on the forum. I have no dog in the fight either, but will add my two cents. The two dealers involved have excellent reputations, and I do not believe either would risk that for the sale of one watch that is moderately priced in the context of higher end Rolex vintage collectible. They are also both readily accessible through their websites and generally responsive and open to answering questions. I have reached out to one of the dealers and gotten the background on provenance. I am satisfied the watch was gifted to Portillo by Castro and worn by Portillo. As to why a private sale rather than auction, they don't want give the auction house 20% of the sale price. You can call it a "buyer's premium" but every bidder knows they have to pay the 20% over the hammer price which is factored into the bidding. Second, in the current market, it could end up selling well below what they think is the real value. A private sale allows them to control the price. As for Orchi, what can you say? Seems to me he is wrong as often as he is right, and he gets obvious and inordinate pleasure from criticizing others, so I just don't find him to be reliable. I can't really comment on the specific observations about bracelet, dial, hands, etc., but what I can say is that a watch that is 44 years old and worn with at at least some regularity is going to get serviced, and parts may or may not get replaced. Seems to me all the uncertainties are already factored into the price.