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The watch remained with the Newman family for over 50 years before finally hitting the auction block, where it sold for $17.75 million, making it the most expensive Rolex ever sold publicly.
A Patek Philippe pocket watch. This list of most expensive watches sold at auction documents the watches sold at auction worldwide for at least 1.5 million US dollars.The final price listed is the total price paid by the buyer converted to US dollars, according to the currency exchange rate at the time of auction.
Rolex watches, which aren’t known for their affordability, are getting even more expensive this year with the soaring price of gold to blame.. Prices on some of the Swiss company’s gold ...
The price of US$17.75 M makes it the most expensive wristwatch ever sold. [43] In 1984, when Newman gave the watch to James Cox, the watch was selling for about $200. [ 18 ] Cox announced his plans to donate a significant portion of the proceeds to the Nell Newman Foundation [ 3 ] and Newman's Own Foundation.
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Though Rolex usually sets its prices annually on Jan. 1, the company introduced a 4% increase in some of its gold watches in the U.K. last June, including raising the retail cost of the Rolex ...