Rolex Vintage Single Red Sea-Dweller Sold for Half Million Dollars

[leeye]

A Rolex Sea-Dweller has just sold at Antiquorum auction for more than half a million dollars. World record price for a Rolex Submariner

http://catalog.antiquorum.com/catalog.html?action=load&lotid=126&auctionid=267

[EugeneT]

The Chinese haven't really gotten into the business of vintage Rolexes so perhaps that price will be even higher in the future!

[Kent Liau]

Cool.. Time to keep 1.

[AliasR]

[cranthir]

A Rolex Sea-Dweller has just sold at Antiquorum auction for more than half a million dollars. World record price for a Rolex Submariner

whats so special?

[minimerc]

whats so special?

Less red on drsd is worth more than more red. They will cohtinue to clock record highprices.

[goldcretu]

wats the meaning of red?? dont see any 'redness' on the watch leh, except for the small words

[hanlsn]

how is this worth so much for just printing?

[McdReaMy]

Different series of the rollies commands different prices, especially during 50's thru 80's, I think. The small print of red is just one of the factors, the fonts also... ('open' 6, 'closed' 6 etc...)

Some of the enthusiasts on vintage watches will be able to tell you more.

how is this worth so much for just printing?

[Heyapple]

still have no idea why it worth so much...

[capt chunder]

Some of these crazy prices are money laundering exercise, lets just say Mr. Black wants 1m dollars from Mr.White. Due to tax or conflict of interest etc Mr. White cannot transfer funds direct to Mr. Black accounts. So instead Mr. Black buys a watch/artwork for $1m he then places it in auction and Mr. Whites with accomplices bids on it so it reaches $2m, and he now pays the auction house who then pays Mr. Black....

still have no idea why it worth so much...

[Tan21]

wow... vintage watches are an entire new chapter altogether.

[Trinidad]

Some of these crazy prices are money laundering exercise, lets just say Mr. Black wants 1m dollars from Mr.White. Due to tax or conflict of interest etc Mr. White cannot transfer funds direct to Mr. Black accounts. So instead Mr. Black buys a watch/artwork for $1m he then places it in auction and Mr. Whites with accomplices bids on it so it reaches $2m, and he now pays the auction house who then pays Mr. Black....

Works the same with art pieces.

[k1w1]

I have a DRSD which I will happily let go for half the above price.PM me :-)

[EugeneT]

A/M watch is a SRSD....hence the big premium.