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Bob’s Watches auction nets $100,000 from 1960s Rolex and Omega sports watches

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Bob’s Watches ‘Fresh Finds’ auction for four vintage 1960s Rolex and Omega sports watches made a total of $98,700.

The sale focused on watches from the golden era of mechanical watches, right before the advent of the quartz timekeeping, and all of the four lots were believed never to have been sold at auction before.

Each of the four generated competitive bidding, and all of them beat their reserve prices.

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The most expensive lot sold in this month’s ‘Fresh Finds’ vintage auction was the Rolex Submariner ref. 5512 fitted with a gilt dial with both chapter ring and exclamation point markings, which achieved a final sale price of $30,200 and received a total of 9 bids.

This was closely followed by the Rolex GMT-Master ref. 1675 (also fitted with a gilt dial), which reached a final price of $30,000, also with a total of 9 bids.

The third Rolex featured in the auction – a vintage Rolex Explorer ref. 1016 – also fitted with a gilt dial with chapter ring and exclamation point markings – achieved a final sale price of $21,000 with a total of 6 bids.

While strong auction results for vintage Rolex watches are nothing new, it is worth noting that the vintage Omega Speedmaster “Ed White” ref. 105.003 featured in our auction also achieved impressive results, with a final sale price of $17,500 with a total of 5 bids.

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Tags : Bob's WatchesomegaRolex
Rob Corder

The author Rob Corder