Rare Timepiece: Arizona Man Spends $6 On Watch, Sells It For A Whopping $35,000 (PHOTO)

A Phoenix man was able to earn a huge profit from a grossly underpriced watch after recognizing the rare piece at a Goodwill store.

Zach Norris knows his watches. So as soon as he spotted a 1959 Jaeger-LeCoultre diving watch at his local Goodwill store, he knew its real value would cost a fortune, AZFamily.com reported.

As it turns out, the price tag showed the rare timepiece to be an investment of $5.99.

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

"Sometimes they just miss it, they don't know," said Norris, who will use some of the profit to help plan a wedding. "It's not a very fancy-looking piece. You have to know what it is."

Norris eventually sold the rare watch, sans wrist band, on Hodinkee.com, a collectors' website, to an aficionado in San Francisco for a whopping $35,000, and donated some of the profit back to Goodwill, according to New York Daily News.

"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."

"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 added.

Meanwhile, only 900 of the 1959 Jaeger-LeCoultre diving watches have ever been made, Norris said.

"I've found some stuff in the past that I have been really excited about and stoked, but this is one of those things you're like, one day, one day it will happen, and it happened for me."

Tags
Rare, Phoenix, Profit, Watch, San francisco, Wedding
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