ROLEX RULES AT BONHAMS KNIGHTSBRIDGE WATCHES SALE


Watches and Wristwatches
11 Sep 2018
London, Knightsbridge

Bonhams Watches and Wristwatches sale on 11 September was a triumph, with total sales achieving £442, 275. Top lot of the sale was a Rolex stainless steel automatic calendar bracelet watch with 'Pepsi' bezel GMT Master, Ref:1675, Circa 1966, which realised £11,875 against a pre-sale estimate of £3,500- 4,500. An impressive 80% of lots sold, continuing Bonhams Watches upwards trend of strong sale results.

Other Rolexes sold exceptionally well, with highlights including:
An 18K rose gold automatic calendar bracelet Day-date Rolex watch, Ref. 118205 ,Circa 2010, which was expected to sell for £6,000-8,000 and achieved £11,875.
• Another lady's Rolex platinum and diamond set automatic calendar bracelet Datejust watch, Ref. 179166, Circa 2001, sold for £11,250, nearly two times more than its estimate price.
• A Rolex fine 18K white gold automatic calendar bracelet, Ref. 179175F, last sold in March 2001 achieved £10,000.
Other makers performing well included Heuer, with A fine stainless steel automatic calendar chronograph square wristwatch Monaco, Ref: 1133 achieving £8,750. Omega had several impressive examples offered, such as the stainless steel manual wind chronograph wristwatch Speedmaster, Ref: 1005.002-62 selling for £6,250.
Vintage pocket watches continue to perform well at auction, with the -Audemars Brassus for H Kreitx 18k gold keyless wind quarter repeating full hunter pocket watch selling well above estimate at £8,125.
Penny Morris, Head of Department, commented: "This latest watch sale at Bonhams demonstrates the positive market trends that we continue to see developing at auction. Interest in women's watches remains very strong, as does the continually escalating interest in early pocket watches. This is wonderful to see and is a market I hope continues to grow as there are some truly outstanding models from both aesthetic and technical perspectives. Many of our top lots achieved well above their pre-sale estimate, with Rolex in particularly high demand as seen in the results of this sale."

Contacts
  1. Jonathan Darracott
    Specialist
    Bonhams
    Work
    101 New Bond Street
    London, United Kingdom W1S 1SR
    Work +44 20 7447 7412

Related auctions