The summary is:
The video is about a watchmaker who repairs a Rolex watch that was bought on eBay as a gift. The watch had many problems, such as running very fast, missing a jewel, having counterfeit parts, and having a bent mainspring. The watchmaker shows how he disassembles, cleans, lubricates, and reassembles the watch, and also replaces some parts like the crystal and the mainspring. He also explains some technical details and tips about the watch movement and the tools he uses. He also promotes his own brand of watches in the video. The video ends with him putting the watch back in the case and testing its performance.
Here are some key facts extracted from the text:
1. The text is a transcript of a YouTube video about a Rolex watch that was bought on eBay and had problems with its performance and parts.
2. The watch was owned by a guy called Brett, who bought it as a gift for a friend and later sent it to Rolex for service, only to find out that it had counterfeit parts.
3. The video shows the watchmaker, Richard, disassembling, cleaning, repairing and reassembling the watch, while explaining the process and the issues he encountered.
4. The watch had several problems, such as a missing jewel, a bent mainspring, a crystal that reacted with the cleaning solution, and an erratic time graph.
5. The watchmaker replaced some of the parts, such as the crystal, the mainspring and the jewel, and lubricated and adjusted the movement to improve its performance.
6. The video also promotes the watchmaker's own brand of watches, Major, which he named after his rank in the British army.