Suppose you have a thing for watches and are obsessed with the collision of high fashion and luxury watches. In that case, you may know that luxury watches, particularly Rolex watches, are having a moment.
Or perhaps we should say a generation. Encrusted with diamonds and made of solid gold or silver, the Rolex watch has become an alternative investment and not just a fancy collector’s item for Nantucket residents.
A Rolex watch can be a wise alternative investment that can be worn and passed down from generation to generation.
Whether or not they are in mint condition, it is often the story that surrounds the Rolex that lends them its cachet, adding a sense of rarity and nostalgia to the shoe, which pushes prices sky-high.
So, while the price tag on some of these brands may leave you in need of a stiff drink, rest assured that their value can and does fluctuate according to the whims of the somewhat inconsistent world of alternative investments (see LeBron James Autograph Basketball Cards as another excellent alt investment).
Without further ado, here are the ten most valuable Rolex watches.
- Paul Newman’s Rolex Daytona – $17.8 million (October 2017)
- Rolex Daytona Reference 626 Unicorn 1971 – $5.9 million (May 2018)
- Rolex Bao Dai – $5.1 million (May 2017)
- Antimagnetique Reference 4113 1942 – $2.5 million (May 2016)
- Marlon Brando’s Rolex GMT-Master – $1,952,000 (December 2019)
- Eric Clapton’s Rolex “Oyster Albino” Cosmograph Daytona – $1.4 million (May 2015)
- Jack Nicklaus Rolex Day-Date – $1,220,000 (December 2019)
- Rolex GMT Master II Ice – $485,350 (2021)
- James Bond Rolex Submariner (1972) – $365,000 (November 2015)
- 10 Rolex Platinum Diamond Pearlmaster – $277,850 (March 2011)