Home NEWS America

Bob’s Watches auction sells 12 Rolexes for almost $500,000


Bob’s Watches’ first online auction has sold 12 Rolex timepieces for $489,400.

The most expensive watch was a 1969 Rolex “Paul Newman” Daytona with box and papers that smashed its reserve to sell for $215,000.

The winning bidder did not have to pay the usual buyer’s premium, which would have added around $25,000 to the price if it had been sold by one of the big auction houses.


A 2018 Rolex GMT Master II with Pepsi Bezel sold for $22,000. The buyer must have been a little carried away because an identical watch is for sale at the same Bob’s Watches website for $19,495.

The auction provided further evidence, if it were needed, that the market for steel Rolex sport watches is still on fire. There was not a single precious metal watch among the dozen on sale, but the lowest price paid was for a 1983 Submariner that went for $11,100.

All were sold with boxes, papers and the authenticity guarantee that Bob’s offers for all its watches.

Previous articleVacheron Constantin to launch new collection at Abbey Road
Next articleBonhams volume watch auction demonstrates breadth of demand for all Rolex models


Please enter your comment!
Please enter your name here