Below are a couple of Rolex 14060's, both around 20 years old, offered by a well-respected dealer. To his credit, this dealer uses consistent language in describing the condition of cases: most are either "excellent" or "very good." In this instance, both cases are described as "excellent." Compare the crown guards in these photos. I would agree that in the first photo they are excellent. The guards on the second watch, however, have been polished down to nubs. And this isn't even eBay, where hoards of Rolexes are "mint," "perfect," "unpolished," etc. Buyer beware.
The secret is to just have to categories: “excellent” and “super trashed”. That way most will be excellent I once complained about an 80% rating of a Sub, where one of the lugs had a sizeable ding and was clearly deformed at the tip making the bracelet a difficult fit. I told the seller (which was very reputable) that I would like if this had been disclosed seperately. He just said that the model was hard to come by in very good condition and that the ding was covered by his 80% rating Lesson: always ask for more photos.
Going ONLY by the two photos I´d run away from the second "fanged" crown guards one! But the first one looks okay. The pins are still well tucked-away inside the lugs that indicate (for a 14060 ca. 20 years old) maybe only one very light polishing, if that! That's how things look on my 1996 14060, which has never been polished.
Sadly there will always be buyers for the over-polished watch. Many people that want a vintage watch don't like the look of an old watch but want the cachet that comes with a vintage (and the potential investment) which means dealers are happy to give them a refinished watch that is old but looks new.