Rolex has been known for making the worlds most exquisite, beautiful, and expensive timepieces. Yes, Rolex watches are very expensive, but there is certainly value for your money when you take into account they are considered valuable pieces of art, and rarely lose value.Now is one of the best times in selling Rolex whether its brand new, slightly used or vintage watches on the net (Learn how to sell your Rolex).
But did you know that the most expensive Rolex ever sold was a “Paul Newman” Rolex Oyster Cosmograph “Daytona”. It was sold at an auction at a Sotheby’s event in June, 2003. The wristwatch, features a red dial and black sub-dials. It is said to have been produced in 1979. It was sold for £210,000. In US dollars it should be around $350,000.
But there were rumors regarding a Rolex sold at Selfridges in London for a fantastic price of £8 million. That would be over $15 million, though it was never proved.