That's 18k vs Offeres 14k.Vintage Ladies Rolex 4211 Precision Cocktail Watch 18k Gold Silver Dial
Vintage 1955, 18k Yellow Gold Silver Dial Model # 4211 Continue reading →timelessluxury.com
I'm guessing he has already seen $2500 asking on eBay, been offered $700 at Rolex shop or 350$ at pawn shops.
Fabric band may be correct but it was replaced at one time or another as others stated, too clean looking, no fuzz