Ehhh,you won't believe it - just got contacted by the seller to tell me that the purchase is cancelled because he apparently already sold the watch an hour prior.
And this is after the watch was marked "on hold" all day with my initials on his website.
It all smells and I feel that I've been - we call it getting gazumped here in Australia - when a seller accepts your offer, but then down the track reneges when a higher offer comes in. Oh well.
Anyway, it was this watch: