Smith & Singer

Vintage Rolex watch sells for record $219,000

May 31, 2017

Australian Financial Review |  James Cockington

There were some who predicted that the wristwatch would go the way of typewriters and videotapes. Not so. At Sotheby's Australia's May 23 Important Jewels auction a Rolex watch sold for $219,600 including buyer's premium, way above estimates of $80,000 to $120,000. This is claimed as a new record price for any watch sold at auction in Australia.

 

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