We think so because Explorer values have been heading up a decent pace of late, as demand for GMT II, new Oyster and Subs becomes a feeding frenzy. There is something to be said the classic Explorer, especially one like this, which we spotted on a watch auction site. It’s in Italy, which often sets off alarm bells, but the period box and booklet looks good, plus there is a certificate of verification with it.

Then there’s the general wear. It’s been used, with big scratches on the crystal and quite a bit on the bracelet. That’s a good thing, because fakes tend to be much more minty, and we love that bold, big orange GMT hand too. This watch stands out, even if it is just 39mm. Yes, the bezel is non-original and those hands could be replacements fitted sometime in the early 2000s perhaps. They look too clean somehow, not a trace of fading over 40 years of sunshine – which you do get in Milan, has to be said.

But taken all round, yeah, well worth considering as an investment. There are still 13 days left on this one and we are going to guess it makes £6100.

More here.