Tag: Rolex

London Watch Auction Sets New Records with Iconic Brands and Rare Timepieces

Bonhamsโ€™ recent watch sale in London achieved over ยฃ1.6 million, featuring masterpieces from Patek Philippe, Rolex, Cartier, and F.P. Journe. The standout was F.P. Journeโ€™s platinum Chronomรจtre ร  Rรฉsonance, selling for ยฃ140,100, while the Cartier Crash broke records at ยฃ114,700. The auctionโ€™s diverse collection drew global collectors, emphasizing the strong demand for both vintage rarities and innovative designs, setting a new benchmark for luxury watch collecting.

Rolex Timepieces Show Strong Results at Bonhams Luxury Watch Auction

The auction was a resounding success, generating a total of ยฃ713,344. An impressive 91% of the lots were sold, with 97% sold by value, reflecting the strong demand and competitive bidding. The star of the auction was a Rolex Cosmograph Daytona, stainless-steel automatic chronograph bracelet watch, reference 116500LN, circa 2019. Known as the LN reference ‘lunette noir’ due to its black Cerachrom bezel and white dial, this sought-after piece surpassed its pre-sale estimate, fetching ยฃ20,480.