freddy333 Posted April 17, 2008 Report Share Posted April 17, 2008 I have been watching today's Antiquorum Rolex auction and, so far, many of the Rolex watches & related materials are going for amounts that exceed their original estimates. I have not been seeing any kind of trend in downward pricing at all. In spite of the supposedly ambivalent global economy, there is obviously alot of discretionary income sloshing around in Rolex collectors' pockets. Link to comment Share on other sites More sharing options...
freddy333 Posted April 17, 2008 Author Report Share Posted April 17, 2008 Red dialed Subs & Seadwellers are especially going through the roof today. A red 1680 just exceeded its already optimistic estimate of 9k-12k & sold for an astounding 18k. I cannot tell who is bidding in the Antiquorum bidding rooms, but a good chunk of the online bids seem to be coming from Hong Kong & Japan (no real surprise there). I am really surprised at how much these items are actually being sold for & how aggressive the bidding is. Wow. ____________ While I was writing this, another red 1680 just went for $24k. Amazing. Link to comment Share on other sites More sharing options...
Sir-Lancelot Posted April 17, 2008 Report Share Posted April 17, 2008 Dayum thats a large chunk of $ for a 1680. A lot has happened in the last 5/10 years. When I think the market is too high, it gets higher. Link to comment Share on other sites More sharing options...
freddy333 Posted April 17, 2008 Author Report Share Posted April 17, 2008 If it says 'Rolex' it usually does. Link to comment Share on other sites More sharing options...
freddy333 Posted April 17, 2008 Author Report Share Posted April 17, 2008 The bidding is just absolutely out of control. In all the years I have been collecting Rolex watches, I do not think I have ever such a demand for vintage Rolex. And they have not even gotten to any of the serious pieces yet.......... Link to comment Share on other sites More sharing options...
freddy333 Posted April 17, 2008 Author Report Share Posted April 17, 2008 Comex up next A 16610 with 'Panama Canal' insignia is up to $70k, with a max estimate of $15k. It just sold for $75k. A Comex 1665 in OK condition just went for $210,000 .... WAY over estimates. One thing is pretty clear -- while modern watches may be in fashion at the lower to middle levels of the luxury watch market, the 'small', classic pieces are the most valuable & sought after among serious collectors & nuevo riche. Prototype no-HEV DRSD sold for $200,000. MKI DRSD sold for $200,000. MKII DRSD (closest to MBW dial design), with a max estimate of $15k, sold for $40,000. MKIII DRSD $60,000. Incredible. MKIV DRSD $37,000. Another MKIV DRSD $55,000. A nice GW 1665 went for $16k. A Cartier branded GW 1665 went for $100,000. Nothing monumental appears to be happening with the rest of the standard 1665s, but the Daytonas are up next in a few minutes. Link to comment Share on other sites More sharing options...
freddy333 Posted April 17, 2008 Author Report Share Posted April 17, 2008 Pre Daytona 6236 'Killy' $130,000. A really nice 6234 pre Daytona just sold for $28k, a bit below the min estimate. 6238 $30k. 1st Newman, a white 6238 (like my DW franken) went for a measly $60,000. A black Cartier 6239 fetched $120,000. Black Newman 6239 $75,000. White 6241 Newman $100,000. White 6262 Newman $80,000. Black 6240 $44,000. Black 6263 $40,000. Silver 6263 'Rambo' $48,000. Black 'Tiffany' 6263 $70,000. Silver 'Tiffany' 6263 $100,000. Black ROC 'Mayer' dial in gold case 6265 $105,000. White 6265 Newman $115,000. Gold 6265 with gold dial/black subdials & gold jubilee bracelet $60,000. Gold Newman 6265 with black dial $140,000. Two tone 16523 with black 'floating Cosmograph' dial $14,000. Black 'Patrizzi' 16520 $26,000. Black 16520 '24 Hours Race Winner at Daytona Speedway' caseback $29,000. Two tone 16523 with black dial $7k. Two tone 116523 $10k And the hammer fell on the last item up for bid -- Black 116509 $116,500. Amazing day! Link to comment Share on other sites More sharing options...
StormTooper4 Posted April 17, 2008 Report Share Posted April 17, 2008 Thanks for the update. Hopefully my catalogue will arrive soon. My pdf version just didn't cut the mustard in picture quality. Looks like I will be even less likly to get away with wearing my Tiffany 5513 and mt SRSD. How are those Steve McQueens looking? Link to comment Share on other sites More sharing options...
alligoat Posted April 17, 2008 Report Share Posted April 17, 2008 Thanks for the update freddy. Those prices are pretty outrageous, but it makes me like my frankens all that much more. Link to comment Share on other sites More sharing options...
kokedose Posted April 17, 2008 Report Share Posted April 17, 2008 I will take one of these please.... Link to comment Share on other sites More sharing options...
StormTooper4 Posted April 18, 2008 Report Share Posted April 18, 2008 WTF ?????? Monte Carlo's 48000$ LOT 127Revolution: The Evolution of the Rolex Sport Watch 17 April 2008Sold including buyer's premium: 48,000 USDRef. 7031 Tudor, "Oyster Date Chronograph," Ref. 7031/0, case made by Rolex, Geneva. Made in 1971, sold July 10, 1972. Fine, water-resistant, stainless steel wristwatch with date, round-button chronograph, register, tachometer and a stainless steel Rolex Oyster bracelet. Accompanied by the original box, instruction booklet and Guarantee document (now void). C. Three-body, polished and brushed, screwed-down engraved case back, crown and buttons, tachometer graduation on the black bezel to 500 units per hour, Twinlock winding crown protected by the crown guard, crystal with Cyclops lens. D. Bicolor anthracite and black with luminous indexes, outer 1/5th seconds scale with 5 minute/second red Arabic markers, subsidiary dials for the seconds and the 45-minute register, aperture for the date at 6. Luminous steel dauphine hands. M. Cal. 7734, rhodium-plated, 17... continue Link to comment Share on other sites More sharing options...
Toadtorrent Posted April 18, 2008 Report Share Posted April 18, 2008 Thanks for the update. Hopefully my catalogue will arrive soon. My pdf version just didn't cut the mustard in picture quality. Looks like I will be even less likly to get away with wearing my Tiffany 5513 and mt SRSD. How are those Steve McQueens looking? You will like the catalogue...it's awesome!! The PDF version has it's purpose, but when you feel the heft of the real thing and flip through it? Niiice!! @ Freddy...those are CRAZY prices...WAAAAAY over estimates. I'm surprised the Comex lot sold so high...mind you...good papers!! The no-HEV prototype DRSD at $210,000 I thought was the standout piece in the auction. That's as close to a one-of-a-kind Rollies as they come. Link to comment Share on other sites More sharing options...
StormTooper4 Posted April 18, 2008 Report Share Posted April 18, 2008 OMG !!! LOT 145Revolution: The Evolution of the Rolex Sport Watch 17 April 2008Sold including buyer's premium: 190,400 USDRef. 6541, Stainless Steel Milgauss Black Dial Rolex, Link to comment Share on other sites More sharing options...
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