Another record-setting auction has seen a platinum Rolex Daytona sell for over $3 million.
Sotheby’s Hong Kong estimated that the platinum automatic lapis lazuli dial Rolex Cosmograph Daytona would sell for between $4 million and $8 million HKD ($516,000-$1,032,000).
The eventual selling price was $25.37 million HKD ($3.27 million) including fees, making it the most expensive automatic Daytona ever sold.
The platinum watch comes with a Zenith movement and features a lapis lazuli hardstone dial.
The 40mm case encloses a 4030 automatic movement and comes with 31 jewels.
It is estimated that the watch was manufactured in 1999.
This comes after news that auctioneer Antiquorum reported three new records set by the sale of Rolex watches recently. Read more below: