There has been a lot of controversy regarding what a "Franken" or "Fake" Watch is. A properly restored vintage Swiss Watch is not Franken or fake.
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Factory 16013 Rolex which has been properly restored and cleaned current market value $4000-$5000 before cleaning and restoration
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The reasons are outlined below:
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The artificial Blue "Sapphires" (made in China) are sometimes set incorrectly and do not align properly or exactly at 12 (slightly off center) That is why featured photography is not straight on but taken at an angle in order to fool the eye
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The bezel which originally fluted and solid gold has been replaced with a gold-plated flat bezel studded with diamonds and artificial baguette sapphires Such bezels are made in China and feature diamonds with a value of $5 per diamond. The flat bezel itself costs $10 The cost of manufacture of such a bezel in the People's Republic of China is approximately $150 USD and have proliferated the US market
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The lugs are studded with 4 low quality diamonds which after a short time of use will most likely pop out of the case
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The dial made out of artificial mother of pearl (People's Republic of China) is not an original Rolex dial and has been completely faked and is signed incorrectly as Swiss made instead of the correct method for model Rolex 16013 which is T Swiss T
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The diamond setting on the dial is set in gold-plated frames where original Rolex was set in solid 18k gold frames each has a value of about $10
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The original model 16013 model utilized acrylic crystal but the above-mentioned diamond watch has had its crystal replaced with a sapphire $10 Chinese crystal in order to accommodate the different bezel
Attention: diamond setting on the case may cause the Rolex case to become warped and render it unusable! It is no longer possible to return it to its original design.