With its headquarters in Geneva, Switzerland, Rolex is one of the most renowned luxury watch brands in the world. The famous Swiss watchmaker was founded by Alfred Davis and Hans Wilsdorf as a private company in 1905. Today, is it is known for its range of uber-expensive watches and it is the go-to brand when people want to buy luxurious timepieces. But, just how much value can a Rolex carry? Some of the most expensive watches in the world by the brand are mentioned here:
- Paul Newman’s Rolex Cosmograph Daytona
This is one of the most sought-after and rarest timepiece in the world of watches. This iconic watch because the most expensive timepieces to be sold in auction on October 26th, 2017. It was sold to an anonymous bidder on the phone for a whopping $17.8 million. Paul Newman received his Rolex Cosmograph Daytona from his wife, Joanne Woodward. It was reported that she had bought the watch in New York from Tiffany & Co. and had it engraved with ‘Drive Carefully Me’. This particular model was introduced in 1963 and is often referred to as the Paul Newman watch.
- Bao Dai Rolex
When items owned by royalty are auctioned, they fetch a huge amount and the same happened to the Rolex owned by Vietnam’s last emperor, Bao Dai. This timepiece was auctioned off on May 13, 2017 in Geneva for a sum of $5 million, making in the second most expensive Rolex in the world. This is a one-of-a-kind watch as it is made of 18 karat yellow gold and boasts a triple calendar and there is also an indicator for moon phases. The dial is black and there are diamond markers at even hours, with 6 being the only exception.
- 1942 Rolex Antimagnetique
The largest Rolex that was ever made was the 1942 Rolex Antimagnetique and this made it a unique piece amongst all timepieces of the brand. Therefore, it wasn’t surprising to discover that it was able to get a price of $2.5 million when it was auctioned in Geneva on May 14, 2016. This was an exclusive watch that never became available to the public and was given to a selected group of racing teams and drivers. It is one of the rarest watches in the world as only 12 examples are known to exist.
- Eric Clapton’s Rolex Oyster Albino Cosmograph Daytona
This watch is the Holy Grail for watch collectors who are also music fans. The Rolex Oyster Albino Cosmograph Daytona was sold at an auction in Geneva on May 10, 2015 for a value of $1.4 million. Originally, the watch had been auctioned in 2003 in New York by Sotheby where it had fetched a price of just $505,000. It was made in 1971 and is considered unique because it is just one of four watches that have a silver chronograph totalizers in the same shade as the silver dial, which earned it the Albino moniker. Housed in a stainless steel casing, being owned by Eric Clapton made the watch even more popular.