In the world of luxury watches, Rolex stands out as one of the most prestigious and sought-after brands. With a rich history and a reputation for exceptional craftsmanship, Rolex timepieces have become coveted collector's items, commanding high prices at auctions around the world. On May 14, 2016, in Geneva, Phillips set a new world record for a Rolex wristwatch at auction when the Antimagnetique Reference 4113 from 1942 sold for a staggering 1.16 million dollars.
Rolex Wrist Watch for Sale
The sale of the 1942 Rolex Chronograph for 1.16 million dollars made headlines in the watch collecting community and beyond. The Antimagnetique Reference 4113 is a rare and highly coveted model, known for its stunning design and precision engineering. This particular piece, with its elegant chronograph functions and classic Rolex styling, captured the attention of collectors and enthusiasts alike.
For those in the market for a luxury watch, the opportunity to acquire a piece of Rolex history like the 1942 Chronograph is a rare and special occasion. The combination of rarity, quality, and historical significance makes vintage Rolex watches highly desirable among collectors, driving up prices at auctions to record-breaking levels.
Rolex Wrist Watch Value
The value of a Rolex wristwatch is determined by a variety of factors, including the model, condition, rarity, and historical significance. Vintage Rolex watches, in particular, are highly valued for their craftsmanship, design, and brand reputation. The 1942 Chronograph, with its unique features and historical importance, exemplifies the enduring value of Rolex timepieces.
In the world of luxury watches, Rolex has established itself as a brand synonymous with excellence and prestige. Owning a Rolex watch is not just a status symbol, but a statement of style and sophistication. The value of a Rolex wristwatch goes beyond its monetary worth; it is a reflection of craftsmanship, heritage, and timeless elegance.
The record-breaking sale of the 1942 Chronograph for 1.16 million dollars is a testament to the enduring value of Rolex watches and the passion of collectors willing to pay top dollar for rare and exceptional timepieces. As the market for luxury watches continues to grow, the demand for vintage Rolex watches is expected to remain strong, with prices continuing to rise for rare and unique pieces.
Rolex Wrist Watch Auction
Auctions play a significant role in the world of luxury watches, providing collectors and enthusiasts with the opportunity to acquire rare and valuable timepieces. Rolex watches, in particular, are highly sought after at auctions, with collectors vying for iconic models and limited-edition pieces.
The auction of the 1942 Rolex Chronograph at Phillips in Geneva was a highly anticipated event, drawing in bidders from around the world eager to acquire a piece of Rolex history. The final sale price of 1.16 million dollars was a new world record for a Rolex wristwatch, underscoring the enduring appeal and value of vintage Rolex timepieces.
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