Rare Gold Rolex sets Online Auction Record

By John Jeffay / August 09, 2020 / www.idexonline.com / Article Link

(IDEX Online) -  An extremely rare gold Rolex Daytona sold for $1.5m, a record high price for a watch in any online auction.It fetched almost twice the high estimate of $800,000 in a week-long auction by Sotheby's, in London. It also set a record for highest price ever paid for a wristwatch in the UK.Only 10 examples of the Daytona JPS (John Player Special) Ref. 6264 in 18k yellow gold are known to have been produced.The 1969 watch (pictured) took its name from the legendary 1970s Formula 1 team, with its distinctive black and gold livery.The manual-winding, 17-jewel example attracted 17 bids from five bidders, smashing the pre-sale estimate of about $400,000 to $800,000.

Recent News

Uranium volatility after Russia's US export restrictions

November 25, 2024 / www.canadianminingreport.com

Gold stocks rebound on metal bounce and equity rise

November 25, 2024 / www.canadianminingreport.com

Crypto market size continues to catch up with gold

November 18, 2024 / www.canadianminingreport.com

Crypto stealing some of gold's thunder

November 18, 2024 / www.canadianminingreport.com

Gold stocks drop on metal price decline

November 11, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok