Latest news with #RolexSea-Dweller
Edinburgh Live
08-07-2025
- Entertainment
- Edinburgh Live
Edinburgh BBC Antiques Roadshow guest 'staggered' at huge value of damaged item
Our community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info An Edinburgh BBC Antiques Roadshow guest was left "staggered" by the value of his damaged Rolex. The owner took his Rolex Sea-Dweller, that was badly scuffed from a near death experience involving a bike, a hill and a punctured lung, to see expert Richard Price while the much-loved show was visiting Edinburgh's Botanic Gardens. In the programme, which aired on Sunday, July 6, he told Price how he was encouraged to buy the top of the line divers watch by his late brother-in-law. He said: "I was aware that Rolex made the best watches. My brother-in-law, who's now passed away, had a Submariner, and he said 'If you're going to buy one, buy the Sea-Dweller.'" Originally bought in 1982 for £483, the watch has sat in a drawer for 30 years and other than a significant scratch on the glass, appears to be in decent condition. The owner continued: "I was out cycling with my daughter and I was going downhill... too fast. Came off and it caught on the gravel. I ended up in hospital for a week with a punctured lung. It survived, so did I." And now, despite the damage, the watch has been valued at £18,000 to £20,000. Reacting to the news, he laughed: "Unbelievable! "Yeah, that's amazing! I'm absolutely staggered." Also featured in the episode was a Marconi Crystal Wireless radio from 1910, a collection of medals belonging to diver Verrall Newman, a unique silver trophy from an 1897 one-mile bicycle race, a botanical sample gathered by none other than Charles Darwin, and a traditional Norwegian bridal brooch. Catch Antiques Roadshow on BBC Two, Sundays at 8.05pm.
New Straits Times
20-05-2025
- Business
- New Straits Times
Rolex, Proton X70 bought with illicit funds, director lands in court
SHAH ALAM: A company director has been charged in the Sessions Court with allegedly purchasing a Rolex watch and a Proton X70 using proceeds from illegal activities. Liew Yew Wei, 45, the director of Ecorigin PLT had yesterday claimed trial to the two offences before judge Awang Kerisnada Awang Mahmud. The two money laundering charges read that he had on Oct 21, 2021 used proceeds from illegal activities worth RM20,000 to pay for the deposit of a Proton X70 car. He had also on Sept 6, 2021 allegedly used RM9,996.46 from illegal proceeds to buy a Rolex Sea-Dweller watch priced RM75,000. The charges were under Section 4(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing, and Proceeds of Unlawful Activities Act 2001. Liew was also slapped with 12 counts dishonestly misappropriating the proceeds of sales of 480 bottles of Ecorigin PLT worth RM40,800 by depositing the monies into his bank account through 12 transactions. He had allegedly committed the offences framed under Section 403 of the Penal Code between Dec 1, 2021 to Nov 1, 2022. Another company director Ding Foong Piek, 52, claimed trial to 12 charges under Section 403 of the code. She was accused of dishonestly misappropriating proceeds from the sales of 436 bottles of Ecorigin worth RM36,768 by channeling the monies into her own bank account via 12 transactions. The duo were jointly charged with dishonestly misapropriating RM105,400 which were proceeds from the sales of 1,159 bottles of Ecorigin Plt via 23 transactions into their joint bank account from May 12, 2020 and Nov 1, 2021. The judge set bail at RM50,000 in one surety for each accused and ordered them to surrender their passport to the court. The court fixed Aug 19 for mention. Deputy public prosecutor Alis Izzati Azurin Mohd Rusdi prosecuted while lawyer Shalehhuddin Salam acted for both accused.
