{"id":7403,"date":"2015-12-01T12:21:22","date_gmt":"2015-12-01T20:21:22","guid":{"rendered":"https:\/\/www.bobswatches.com\/rolex-blog\/?p=7403"},"modified":"2023-07-05T17:05:37","modified_gmt":"2023-07-06T00:05:37","slug":"9-rolex-watches-that-shattered-their-estimates-at-phillips-auction","status":"publish","type":"post","link":"https:\/\/www.bobswatches.com\/rolex-blog\/auctions\/9-rolex-watches-that-shattered-their-estimates-at-phillips-auction.html","title":{"rendered":"9 Rolex Watches that Shattered their Estimates at Phillips Auction"},"content":{"rendered":"
\"Phillips<\/a>
Images courtesy of Phillips<\/em><\/figcaption><\/figure>\n

A recap of the Phillip’s Hong Kong Watch Auction: One<\/em><\/p>\n

Right on the heels of their very successful Geneva Watch Auction: Two, Phillips just hosted another watch auction but this time on the other side of the world in Hong Kong. The auction had a spectacular array of important and rare men’s and women’s timepieces from brands such as Rolex, Patek Philippe, A. LANGE & S\u00d6HNE, Van Cleef & Arpels, Breguet, and Audemars Piguet.<\/p>\n

The most expensive watch sold\u00a0at the\u00a0event was naturally the Patek Philippe<\/a> 3450<\/strong> (estimate: $ 1,031,885 \u2013 $2,063,770)., which was touted as\u00a0the highlight of the auction. It sold\u00a0right in the middle of its low and high estimate\u00a0at\u00a0$1,552,987.<\/strong><\/p>\n

\"Phillips<\/a>
Daytona Paul Newman 6263 “Panda” , Daytona Paul Newman 6264 “John Player Special” & Chronograph 6036 “Jean-Claude Killy”. (Images courtesy of Phillips)<\/em><\/figcaption><\/figure>\n

Interestingly, the two of the three highest valued Rolex of the night \u2013 Daytona Paul Newman 6264 “John Player Special” <\/strong>(estimate: $322,464 \u2013 $451,450) and Chronograph 6036 “Jean-Claude Killy” <\/strong>(estimate: $206,377 \u2013 $309,566) \u2013 did not sell, while the most expensive Rolex of the night – Daytona Paul Newman 6263 “Panda” <\/strong>(estimate: $206,377 \u2013 $309,566) \u2013<\/strong> sold just shy of its high estimate at $299,246.<\/strong><\/p>\n

Some of our favorite Rolex models going into the auction were the yellow gold GMT-Master 6542<\/strong> (estimate: $134,145 – $185,739) with original bakelite bezel, \u00a0the\u00a0Submariner 5510 “Big Crown”<\/strong> (estimate: $61,913 – 77,391) and the GMT-Master 1675<\/strong>\u00a0(estimate: $25,797 – $38,695) sporting\u00a0a transitional case without crown guards. Each achieved a strong sale number at\u00a0$190,898,\u00a0<\/strong>\u00a0$72,554<\/strong> and\u00a0$41,920<\/strong> respectively.<\/p>\n

\"GMT-Master<\/a>
GMT-Master 6542 & Submariner 5510 “Big Crown” (Images courtesy of Phillips)<\/em><\/figcaption><\/figure>\n

Some Rolex Day-Date models did exceptionally well at the auction including a Day-Date 1804<\/strong> with the logo of\u00a0a Japanese bespoke tailoring service, M. Kubo, on the dial, a\u00a0Day-Date 118238\u00a0<\/strong>with a coral stone dial, and a\u00a0Day-Date 1811 “Stella”.<\/strong><\/p>\n

As expected, the stainless steel Daytona Paul Newman 6262<\/strong> performed well, selling for $146,000<\/strong> –\u00a0$200,000 above its high estimate. A surprising star of the Rolex line up was the\u00a0Sea-Dweller 16600 “Tiffany & Co.”<\/strong> which sold at almost four times its high estimate for a final price of $32,250.<\/strong><\/p>\n

Here’s a recap of some of the\u00a0Rolex watches that\u00a0sold beyond their high estimates at the\u00a0Phillip\u2019s Hong Kong Watch Auction: One.<\/p>\n

1. Cosmograph Daytona Paul Newman 6262<\/h2>\n
\"Cosmograph<\/a>
Cosmograph Daytona Paul Newman 6262 (Image courtesy of Phillips)<\/em><\/figcaption><\/figure>\n

Circa: 1971<\/p>\n

Estimate $79,971 – $128,985. \u00a0Sold for: $146,011<\/strong><\/em><\/p>\n

2. Cosmograph Daytona 6263<\/h2>\n
\"Rolex<\/a>
Cosmograph Daytona 6263 (Image courtesy of Phillips)<\/em><\/figcaption><\/figure>\n

Circa: 1986<\/p>\n

Estimate $51,594 –\u00a0$77,391\u00a0Sold for: $106,413<\/strong><\/em><\/p>\n

3. Cosmograph 6239 “Solo”<\/h2>\n
\"Cosmograph<\/a>
Cosmograph 6239 \u201cSolo\u201d (Image courtesy of Phillips)<\/em><\/figcaption><\/figure>\n

Circa: 1963<\/p>\n

Estimate $51,594 –\u00a0$77,391.\u00a0Sold for: $96,739<\/strong><\/em><\/p>\n

4. Day-Date 1804 “M.Kubo”<\/h2>\n
\"Rolex<\/a>
Day-Date 1804 “M.Kubo” (Image courtesy of Phillips)<\/em><\/figcaption><\/figure>\n

Circa: 1960<\/p>\n

Estimate $58,043 – 77,391.\u00a0Sold for:\u00a0$114,474<\/strong><\/em><\/p>\n

5. Day-Date 118238 “Coral Stone Dial”<\/h2>\n
\"Rolex<\/a>
Day-Date 118238 “Coral Stone Dial” (Image courtesy of Phillips)<\/em><\/figcaption><\/figure>\n

Circa 2010<\/p>\n

Estimate $32,246 – 51,594. Sold for:\u00a0$87,065<\/strong><\/em><\/p>\n

6. Day-Date 1811 “Stella”<\/h2>\n
\"Day-Date<\/a>
Day-Date 1811 \u201cStella\u201d (Image courtesy of Phillips)<\/em><\/figcaption><\/figure>\n

Circa: 1974<\/p>\n

Estimate $23,217 – $32,246. Sold for\u00a0$58,043<\/em><\/strong><\/p>\n

7. Submariner 6536-1 “Small Crown”<\/h2>\n
\"Rolex<\/a>
Submariner 6536-1 “Small Crown” (Image courtesy of Phillips)<\/em><\/figcaption><\/figure>\n

Circa: 1956<\/p>\n

Estimate $15,478 –\u00a0$19,347.\u00a0Sold for\u00a0$35,471<\/strong><\/em><\/p>\n

8. Prince 912<\/h2>\n
\"Prince<\/a>
Prince 912 (Image courtesy of Phillips)<\/em><\/figcaption><\/figure>\n

Circa: 1939<\/p>\n

Estimate $10,318-\u00a0$15,478.\u00a0Sold for\u00a0$45,144.<\/strong><\/em><\/p>\n

9. Sea-Dweller 16600 “Tiffany & Co.”<\/h2>\n
\"Rolex<\/a>
Sea-Dweller 16600 “Tiffany & Co.” (Image courtesy of Phillips)<\/em><\/figcaption><\/figure>\n

Circa: 1993<\/p>\n

Estimate $6,191 –\u00a0$8,255.\u00a0Sold for $32,246.<\/strong><\/em><\/p>\n

As with any auction, there were some hits and some misses at the\u00a0Phillip’s Hong Kong Watch Auction: One, and that is part and parcel of collecting vintage Rolex watches. We are now gearing up for\u00a0what should be two very exciting watch auctions by Sotheby’s and Christies taking place this month in New York City.<\/p>\n","protected":false},"excerpt":{"rendered":"

A recap of the Phillip’s Hong Kong Watch Auction: One Right on the heels of their very successful Geneva Watch […]<\/p>\n","protected":false},"author":2,"featured_media":7415,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ep_exclude_from_search":false,"footnotes":""},"categories":[724],"tags":[],"ppma_author":[2286],"acf":[],"yoast_head":"\n9 Rolex Watches that Shattered their Estimates at Phillips Auction<\/title>\n<meta name=\"description\" content=\"Right on the heels of their very successful Geneva Watch Auction: Two, Phillips just hosted another watch auction and this one was just as thrilling. \u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bobswatches.com\/rolex-blog\/auctions\/9-rolex-watches-that-shattered-their-estimates-at-phillips-auction.html\" \/>\n<meta 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His experience spans over 35 years and he has been published in numerous publications including Forbes, The NY Times, WatchPro, and Fortune Magazine. Paul is committed to staying up-to-date with the latest research and developments in the watch industry and e-commerce, and regularly engages with other professionals in the industry. He is a member of the IWJG, the AWCI and a graduate of the GIA. \r\n\r\nAlongside running the premier retailer of pre-owned Rolex watches, Paul is a prominent Rolex watch collector himself amassing one of the largest private collections of rare timepieces. 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