Auctioneer Phillips with Bacs & Russo sells Rolex replica watches for $ 7.8 in a special Rolex-themed sale November 28 in Hong Kong to set a Rolex record for the highest selling price in Asia: Stainless Steel Ref 1015732 USD. 8171 “Padellone” triple-calendar watch moon phase display. The watch is a rare complication of Rolex, which was only a few years back in the 1950s on very small numbers. A few days later, Sotheby’s sold an important $ 7.1 watch in New York City, and a few pieces of Rolex were sold well above estimates, including two “Paul Newman” Daytona models for $ 275,000 and $ 212,000, and one The rare gold three calendar complication was $ 168,000. The two watches were originally sold in the 1960s.
Phillips/Bacs & Russo sold the stainless steel Rolex Ref. 8171 “Padellone,” a triple-calendar watch with a moon phase display, sold for $1,015,732, a record for a Rolex watch at auction in Asia.
Yellow gold Rolex Ref. 6241 chronograph with tachometer “Paul Newman” Daytona, circa 1968, sold for $212,500 at the Sotheby’s Important Watches Auction on December 7 in New York City.
What makes Rolex fans keep coming back, year after year, and why do they pay so much for pre-owned watches? “Rolex is without a doubt, the most powerful brand in swiss replica watches,” says Paul Boutros, head of watches for the Americas at Phillips/Bacs & Russo. “Across all collectible watch brands, Rolex was and is the best selling amongst them, having sold more watches than all others by far. Its fame and success, 100 years after its founding, is a result of the exceptionally high quality of their watches and the enduring appeal of their designs,” he says.
The Rolex “Stelline” reference 6062 triple calendar moon phase watch sold for $660,650 at the Phillips/Bacs & Russo sale “Rolex Milestones: 38 Legendary Watches That Shaped History.”
Rolex makes a lot of watches – just under a million per year and that is part of what contributes to the brisk trade in pre-owned models. There are a lot of great Rolexes in circulation, and many more great new ones coming onto the market, giving collectors a reason to trade. “The sheer quantity produced certainly contributes today to the number of collectors looking for fake Rolex watches, which for our clients, I estimate to be three to four times more than any other brand,” says Boutros. “With so many historic models, each with many subtle variations, fans of vintage Rolex replica watches find them fascinating and intellectually stimulating to collect. Vintage Rolex sport watches in particular are especially sought after due to their relatively large sizes – perfect for today’s tastes – and because they are so easy to wear. Since they were so robustly built, unlike finely finished dress or complicated watches, collectors do not have to pamper them when worn.”
The Ref. 6263, a stainless steel chronograph with Oyster Sotto dial and bracelet, sold for $752,776 at the Phillips/Bacs & Russo sale “Rolex Milestones: 38 Legendary Watches That Shaped History.”
Other top lots in the Phillips auction “Rolex Milestones: 38 Legendary Watches That Shaped History” sale included: the “Stelline” reference 6062 triple calendar moon phase watch, selling for $660,650; Ref. 4645, a yellow gold square watch with a cloisonné enamel dial depicting Neptune, for $752,776; and Ref. 6263, a stainless steel chronograph with Oyster Sotto dial and bracelet, for $752,776.
A rare yellow gold automatic Rolex triple calendar with moon phase, Ref. 6062, sold for $168,750 at the Sotheby’s Important Watches Auction on December 7 in New York City.