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Home > The auction price of Rolex surprises people
| It causes a big surprise among watch fans when a new edition of Rolex watch which thought to be £5,000 has sold for well over £40,000 at a recent local auction. The result shows the Rolex purchasers' fever for the timepiece. Rolex watch fans were seemingly out in force this week, after a timepiece from the popular luxury Swiss brand believed to be worth in the region of £5,000 ended up selling at auction for £41,500. A Rolex Submariner stainless steel watch from the 1950s went under the hammer at Clevedon Salerooms in Somerset after being discovered in a dressing table drawer at a property in Weston, the Weston & Somerset Mercury revealed. Always held in high regard by a range of collectors, the watch was the first in the world to be guaranteed waterproof up to ten metres and upon entry into the specialist sale, enquiries came flooding in from all over the world through the telephone, internet and in person. After just three minutes and 15 seconds, the watch ended at the final value of £41,500, the newspaper concluded. Hodinkee recently got its hands on photos of two new Rolex Submariners, both in steel and with ceramic bezels-one in traditional black and another in green-confirming to the source that the 50th anniversary edition is "probably now discontinued". The edition cominh soon from Rolex watch will be a good choice for the divers, it's water-repellent and will help the diving fans a lot to time taking. |
