There’s something otherworldly about auctions. Away from the humdrum of life there exists a world where objets d’art are relished and revered, where oh-so-precious time is spent on discussing the nitty-gritties of timeless pieces. Dedicated to those lovers and dreamers of all things luxury, auctions bring to mind the royalty of a time gone by.
Rolex watches are made for adulation such as this! Since its conception in 1905, Rolex has been known for being a step apart. With the brand being the first to make strides in innovation, such as the first waterproof watch, The Rolex Oyster, in 1926 to the first wristwatch to show two timezones at once, The Rolex GMT Master in 1954, the iconic brand is known for its precision & sense of aesthethic that go hand-in-hand.
That’s why, Rolex watches for men & women are quite in demand in auctions around the world!
Perhaps the most expensive watch ever to be sold at an auction till date is Paul Newman’s Rolex Daytona. Personally owned by the legendary actor, the Rolex watch was auctioned at a cool $17.8 million dollars. The Rolex Cosmograph Daytona, made of stainless steel and available from 1963 to 1970 was known as the “Paul Newman Daytona Watch” and was gifted to him by his wife. At the time of bidding, 700 people were together in one room and people had phoned in from 43 countries. An intense 12 minute bidding war began and voila – the world’s most expensive ever watch at an auction was recorded!
Before this, the Rolex 1942 Antimagnetique had the honour of being the most expensive Rolex ever sold at an auction – twice! Most recently, it was sold at $4.2 million in 2016. Measuring 44mm in diameter, it’s the largest Rolex Men watch ever made in the limited edition of 12 only, never released to the public and were, in fact, gifts to the racing community.
The Rolex Bao Dai 1954 was commissioned by the Last Emperor of Vietnam. Known for his discerning eye, the emperor chose a Rolex with a black dial and diamond indexes that made it stand out even more.
This Rolex watch has come up in auction many times, the most recent one being in 2017, where it was sold for over $5 million, a steep incline up from when it was sold last at just $235,000 in 2002!
The Rolex Submariner watch for men is an update on the waterproof Oyster watch made way back in 1926. Crafted as a watch for professional divers, the Rolex Submariner circa 1956 made a huge splash in the auction world recently when it sold for $1 million, the highest that watch family has ever achieved!
After the madness of Paul Newman’s Rolex Watch, the next one to look out for is Hollywood Legend Steve Mcqueen’s Rolex! Set to auction on the 25th of October, there’s a lot of hype already surrounding this Rolex Watch for men. The Rolex Submariner was gifted by McQueen to his stuntman and is so hardy, it’s even survived a wildfire – now that’s a testament to Rolex!
We’ll be updating this list with how that goes…Till then, which Rolex is your favourite?