I invite you to check out the 1972 Rolex Daytona Ref. 6263 result since it is simply stunning. And, do also check out the 1955 Panerai Luminor Ref. 6152/1 result; a new world auction record for a Panerai.
Guys, I have just been asking you if the actual Rolex Daytona is still a men´s watch and many of you were full of praise concerning the “old” Rolex Paul Newman Daytona´s.
After reading your comments I am sure you will like what you see on page 2
But first let´s have a look at a new world auction record for a Panerai. In the yesterday´s issued Sotheby’s Geneva press release you read the following…
About the Panerai Luminor:
“Today, Sotheby’s Geneva established a world auction record for a Panerai watch when it sold a stainless steel military diver’s wristwatch with prototype bezel, reference 6152/1, Luminor, circa 1955 for CHF 425,000 ($478,002)
(= lot 298, est. CHF 180,000-360,000 / $205,000-409,000).
Coming from the collection of the late Admiral Gino Birindelli, former commander of the Italian Navy, this rare example of the reference 6152 appeared for the first time at auction today.”
This is the watch:
Cal. 15”’ manual winding nickel lever Rolex movement, 17 jewels
Cal. 15”’ manual winding nickel lever Rolex movement, 17 jewels, metal protective cap • black dial, luminous Arabic numerals and baton indexes, luminous hands • stainless steel brushed and polished case, protected winding crown with security lever, prototype bezel, screw-down case back • dial signed, case and movement signed Rolex • with a stainless steel Panerai buckle dimensions 57.5 x 46 mm thickness 19 mm
>>> Discover the Rolex Ref. 6263 Cosmograph Daytona “Paul Newman Panda Dial” on page 2…
I don’t know. To me this just shows haw crazy the world has gotten.
You are correct. I might have used the word bewildering.
The prices aren’t all that surprising to me though when one compares it to the collector car market, which these days is over valued in many’s opinion and sometimes used as an asset rather than gold or stocks, etc. I have to wonder how many of these buyers paying large sums for watches think of them as a diversifying asset. In other words, do they really have a passion for watches or do they consider it an item that will increase in value or at the worst, maintain value. I have to wonder if they ever get worn. If not, that would be a shame.
The collector/vintage/antique watch market might not be at the top yet, but I’m sure it will eventually crash, the same way real estate, stocks, precious metals, etc., have in the past.
The panda PN is just the nicest sport chrono of all Time
I wish they could release an hommage edition of it
Hello Alex,
What is the material of this prototype bezel ?
Thanks
I have to double check
It was a plastic bezel
Just look at some amazing prices Rolex (and other, look at what Piaget achieved…) pieces fetched at the Christie’s auctions this week. It is a big big bubble, but only a handful of “no-limit buyers” spend this amount of money at these highly visible auctions.
Take the same watches and sell them at Arcurial or Bonhams and they will have sold for much less…
In the auction business too the name carries more and more weight too…
To,
Rolex.
Sir,
I see above picture of Rolex watch back.
Stamping is not upto Rolex quality or I must say, any Swiss watch.
You see the words, ” SWISS MADE “, specifically MADE is double
stamping.
I request you to see such error not happen in future and ALSO
REQUEST YOU NOT TO PUBLISH PICTURES WITH SUCH ERROR.
I am watch fan since chieldhood, purchased one Rolex from
Watches of Switzerland, Birmingham.
Best of luck.
Nilesh D Mistry.
Mumbai, India.
Some crazy watchaholics with a lot of gambeling money must be around there.
Alex, is this a price bubble? Insane estimates & results. I paid a 20th of these lower totals for my panda just over 10 years ago, what’s going on?
Jason, I don’t know! Maybe the perfect ones are getting rare nowadays …