Thanks D... as a matter of fact Rolex USA did a complete overhaul on this watch, in april 2007. They have done a 100% perfect job with the case and the inside! It runs like a new one.

This watch has been pretty beat up in the past.
The previous owner wrote to me:

I have owned the watch for about 3 years and I purchased it from a construction worker who was the original owner. When I bought it he had worn it every day doing road construction for the past 20+ years - and it looked that way! It was very beat up when I got it and you see what a great job Rolex did with cleaning it up.

BTW: My new acquisition is the bike ...