I have no regrets finding the other expensive watch and running up into the parking lot to chase the person down to give them the watch. Another 5 minutes and I would probably be wearing a $5000.00 Tag Hauer watch as the people were leaving the ultra high end beach side resort for the airport and a flight back to Europe. I added an extra $5.00 and took my family out for dinner at McDonalds with $20.00 reward lol I do however regret spending a Sunday morning a few years ago searching for a lost $11.000.00 platinum & diamond ring in the pouring rain , finding it and having the ungrateful owner snatch it out of my hand before slamming the door shut in my face. No thank you, no nothing, wow! I have returned 4 gold class rings without a reply or a thank you, a Grammy judges wallet complete with driving license, credit cards, IDs and a wad of cash to Canada without a reply or a thank you. When the lifeguard told me the story of this Rolex Submariner and how the guy said if you find it enjoy it he will have a replacement covered on hs credit card, I am respecting the guys wishes. I'm enjoying it ! I see the Duddley do right comments on this thread, I must have found and returned close to $20.000.00 worth of jewelry without a thank you. I also find and return many pieces of gold jewelry, cameras, cell phones while beach and water hunting every year but I do not feel the need to make a big deal of doing the right thing on the forums. When people ask me to try and find lost items on the beach I try my hardest to make them happy. One of my favorite find and returns was a couple of years ago on Miami Beach, a 24 K gold band hand made by a Cuban guys Grandfather from gold panned in the river Cauto in Cuba. This guy was crying like a baby after I found it and vowed never to go to the beach with it again, talk about a feel good story. With the previous owner of this Rolex saying the credit card purchase would be covered and if you find it enjoy it and because I have found and returned more jewelry than most beach and water hunters out there , I can sleep like a baby at night.