Cool.

Made by Longines.

My dad said he won it in a poker game.

OK.

We actually get that a lot around here.

GREG: It's inscribed Navy on the back.

I'm assuming with the box that it's

in that it was probably made to be mounted

to the nightstand of a ship.

Hoping to get around 5,000 but I would

probably settle for 2,000.

Nice.

Longines have the oldest registered trademark

of a watch logo in the world.

That says a lot.

Sure.

They built the timing mechanism

for gymnastics in 1912.

OK.

And they did such a good job of it

that they used them for a bunch of years in the Olympics

and stuff like that.

Now if you think about the Navy, time of day

is really important. - Sure.

The US Naval Observatory is pretty bad ass.

They're responsible for the positioning,

navigation, and timing for the whole US military.

So any watch they issue would be pretty awesome.

So tell me, what do you know about the watch itself?

Really I don't know too much about it

other than it's never been mounted, never been refinished,

polished. It's all original.

The research I've done, it's designed

to be mounted down to a nightstand

of a captain or first mate.

OK.

You see that 800 right there?

0.8000?

Yes.

That means this watch is 80% silver.

Nice.

Which would make sense for it being a Navy watch,

because silver doesn't really rust.

OK.

Now how much are you looking to get out of it?

- $5,000. - $5,000?

With the boxes, yes.

We're a little high.

I have to tell you the boxes definitely make it gold,

but I'm going to have to make the assumption though

that this watch was a marketing ploy.

I mean, anything that time was really important to,

Longines wanted to stamp their name on.

If it was a Navy watch, it would be a lot more intricate.

It has a wind indicator and it has a second hand.

The railroad watches were more intricate than this.

- You think so? - Absolutely.

The Navy would need something a little bit more

advanced than that.

I'd offer you 2,500 bucks for it.

That's a little light.

I could do 3,500.

As time goes on, this name is getting

more and more forgotten with the worse

and worse stuff they put out.

I'll go 3,000 bucks on it.

That's the best I can do.

It really is.

[music playing]

- I can do three grand. - Three grand?

- Yeah. - All right.

Deal. - All right.

Cool.

Why don't you leave it here and I'll meet you

over there to write it up now.

I don't know if it was some marketing ploy,

but he knows more than I do about the watch.

So I think it was a fair price.

Hopefully we can do some good with that.