The £20,000 Rolex

Posted On: 03 Mar 2022 by Greg Bateman

A vintage 18ct gold Rolex Submariner-Date wristwatch sets new record!

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Batemans set a new (watches) section record in their specialist auction on 18th February.

 

Expectations were spectacularly exceeded with huge pre-sale interest culminating in telephone, absentee and internet bidders battling it out to secure this special watch.

It sold above estimates to a UK collector via Batemans own internet bidding platform. A brisk 78 seconds of bidding was all it took for the determined buyer to see off all competition, with auctioneer David Palmer bringing down the hammer on the most valuable watch Batemans has ever sold!

 The Vendors were understandably delighted with the excellent result and how well Batemans handled the entire sale. They are now considering consigning another valuable piece in their collection.

 

Rolex first created the Submariner in 1953, it was the World's first watch specifically designed for scuba diving, in order to withstand the rigours of being underwater and at elevated pressures, and at a time when this exciting new sport was growing in popularity.

Sean Connery famously wore a model 6538 Submariner in his first outing as James Bond - according to legend it came from Connery's personal collection! Such an advertisement launched the Submariner into the stratosphere and it has been one of the coolest wristwatches money can buy ever since.

Prior to the mid 1980's at least twenty distinct models were produced - perhaps one day we will have sold one of every model!? We can but dream ...

 

If you have a vintage Rolex watch to sell please contact us on 01780 766466 or info@batemans.com 

 

 

 

 

A vintage 18ct gold Rolex Submariner-Date Oyster Perpetual gentleman's wristwatch, circa 1986, ref. 16808, 39mm case.

(FULL CATALOGUE DESCRIPTION HERE)

 

Pre-sale estimates: £14,000-£16,000


SOLD FOR: £22,800 (Incl. 20% BP)

 

  

THE ENTIRE SALE CATALOGUE CAN BE VIEWED HERE: www.batemans.com/catalogue

 

We are always looking to consign any items of Jewellery, Watches, Silver, Gold, Coins, or any higher value items ... please contact us on 01780 766466 or valuations@batemans.com and have a look at our SELLING page.