ok please be aware. i am 99% sure this watch is a fake.
why?
well from the first picture itself. see the SECOND pointer is not directly on the pointer but most likely 1/4 after it. well rolex is a precision watch. i have 3 real and 2 high copy fakes (china) [[can show pictures if you want]]
i have checked all the watches just few minutes back. the fakes does not stick directly on , but most likely 1/4 off and the other one 1/2 off.
i am not discouraging anyone to buy, just make sure you get the original rolex payment slip (not another one for this model) they need to be 1:1 to the manually written model code inside the watch.
Escrow for this deal is very much compulsory.
I respect your caution, but I have no doubt that Gray and Sons sells only authentic watches.
I'd be very interested to see the issue you mention in any pictures you have. I used to collect watches, so its more of a personal curiosity to see what you're looking at.
Maybe the OP can comment on this?
If I understand you correctly you are concerned because the Seconds hand is not lined up directly with the hashmark on the dial. You have to remember that Rolex watches do not "Tick" from one second to the next. They sweep smoothly around the dial. So when you pull out the crown to stop the watch the Seconds hand will stop where ever it is currently at in its motion.
Just to answer a few other questions: The watch is from 2005 and in excellent condition inside and out. Just serviced by our Swiss-trained watchmakers.
It does not have the original box or warranty papers because the original owner did not hold on to them (for many collectors this is a cardinal sin - but for many people holding on to the original box and papers is not so important especially if they don't plan on re-selling it in the future). To put our clients at ease we guarantee the authenticity and provide a written appraisal with the model #, serial # and retail value. The watch has a two year warranty.
We feel that the price is a fair price for this particular model of Rolex - we are open to reasonable offers though. . .