26 Nov '17, 4pm

Why do people go crazy for vintage Rolexes?

Why do people go crazy for vintage Rolexes?

Two high-dollar Paul Newman Rolex Daytonas. The first is the gold reference 6264 that sold for $871,500, the second a Tiffany & Co branded piece that carries a substantial premium over a standard Paul Newman. It’s part of a larger, seemingly exponential increase in interest in vintage watches in general, but Rolexes, in particular, have become the stars of vintage watch auctions, with sports watches adorning the crown headlining watch sales at big auction houses like Christie’s, Sotheby’s and Phillip’s. “Patek Philippe watches have traditionally been the kings of the auction world, but recently we’ve seen Rolex watches in many cases get on par with them, and even beat them, depending on the watch,” Wind says. “Many of the vintage things we see as valuable now, they’re things people coveted when they were young. A Rolex is that thing for a lot of people around the world.” S...

Full article: https://gearpatrol.com/2017/06/29/vintage-rolex-collectin...

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