My rolex gtm watch

This is the hint regardless of Rolex. Look at the second hand and watch the motion! Does it sweep or tick? If it ticks it is battery operated watch knockoff.
Rolex is a self winding watch thus the second hand sweeps does not click each second.

Its time for a service.
Take it to any Rolex re-seller that offers repair or to any good timepiece service center. If its a vintage piece i would recommend sending it to Rolex, paying the extra cost to receive the watch with full Rolex repair documents and service history. The Rolex web site has information on this. Also this company does a fine job on Rolex repair. https://www.bobswatches.com/rolex-repair-service

Yes, absolutely correct , all automatic watches tick and the fake Rolexes just tick a bit slower so it is more visible.

Its time for a service.
Take it to any Rolex re-seller that offers repair or to any good timepiece service center. If its a vintage piece i would recommend sending it to Rolex, paying the extra cost to receive the watch with full Rolex repair documents and service history. The Rolex web site has information on this. Also this company does a fine job on Rolex repair. https://www.bobswatches.com/rolex-repair-service

Thanks for contacting FixYa.

Take a look at the second hand. Is it ticking or is it sweeping? If it's ticking, that's your fake. A Rolex second hand sweeps around in one continuous motion. But beware, as of 2005, the good fakes have caught up to this technology.

Look for the small engraved crown at the 6 o'clock mark on the crystal. Most fakes will have some sort of large, obvious version of a crown, but this mark on a real Rolex is almost impossible to spot with the naked eye.

Look for the word "Rolex" and the watch's serial number engraved at 6 o'clock under the crystal on the area between the crystal and the dial. While many fake Rolex watches post-2005 have this feature, they're usually printed, not engraved.

Most new Rolex models have an added model number engraved at the end of the watch end-link. This engraving includes the band model and two tiny Rolex crowns. Your good fakes will have something similar, but not all three indicators.

If you're being sold an authentic Rolex (in good condition and in perfect working order) for anything less than $500, become suspicious. If it's in nice shape, it doesn't really lose a lot of appreciation, and in some cases, it increases in value.

Best regards. Jewel

mcdevito75 here, Look for a small watch repair shop in your area, souds like when the after market bezel was installed it may have bent the second hand and now the second hand is jamming something around the 9.

This is a tough question. Rolex has always been very secretive of manufacturing information so there is no definitive list of "born on dates" The serial number 2534788 is most likely from 1969 or 1970. The problem is that I know of no Rolex from that time period that has the small seconds hand. The off-set seconds hand was a feature of pre WW2 watches. The case number on the inside of the case back would help in identifying the movement and being able to provide more information

this watch will need a service from a rolex trained repairer wich wont be cheap 700 dollars min or 500uk pounds min..you could try tapping watch in palm of hand to see if a batton or luminous paint has come loose,then all it needs is movement taking out and blown clean inside case.any decent repairer can do this.sometimes the teeth on a wheel can wear in one place hence it always stops in same place.recomend service as best action,you never loose on a rolex...

The quickest way to spot a fake Rolex is by the second hand. Is the second hand ticking or sweeping. If it's ticking it's fake. A real Rolex's second hand moves around the dial in one continuous movement.

Check for a small engraved crown on the crystal at 6 o'clock. Most fakes will have something similar. The difference is that the crown on a real one is almost impossible to see by just your eye.

Look for the word "Rolex" and the watch's serial number engraved at 6 o'clock under the crystal on the area between the crystal and the dial. While many fake Rolex watches post-2005 have this feature, they're usually printed, not engraved.

Most other ways relate to newer Rolex watches.
Hope this helps and hope it's the real deal.

The advice given here is accurate to a degree. When wound, a rolex daytona IS running. However, it is the running seconds hand in the small sub-dial that is actually running. In the earlier Daytonas, this sub-dial was at the 9 o'clock position on the dial, (pre-2001 series daytonas). The later daytonas, from 2001 on, use the seconds at 6 position for counting seconds. The main sweeping second hand on the watch dial will NOT start until activated by the pusher at the 2 position. That pusher needs to be unscrewed and then pushed to start the large sweeping second hand. This action, in turn, starts the remaining 2 sub-dials in motion, counting minutes and hours. To stop the chronograph function, you push the pusher @ the 2 position again, to stop the sub-dial hands from counting, and then push the pusher @ the 4 position to re-set the dials to their "straight up position". This stops the chrono's function, until it is needed again, BUT the main running seconds, (at either the 9 or 6 sub-dial position, depending on the year series of the daytona) will continue to run, thus keeping accurate time.  Hope this gives you a better idea of how the timekeeping of the chronograph function on a Daytona works. So, to start your seconds running you need to start the chrono function by pressing the pusher at the 2 position. That will allow you to see the large sweeping second hand I think you're referring to here. Hope this has helped.
Doug