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Old 13 May 2014, 01:29 AM   #1
Submarino
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Rare Rolex ref.5029/5028 with Cloissone Dial Sells for $1.25 Million>>>

This morning at Christie's in Geneva, this rare Rolex ref. 5029/5028 sells for $1,249,915 including Buyer's fees.

http://www.watchcollectinglifestyle....tion-in-geneva
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Old 13 May 2014, 01:43 AM   #2
adam78
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To my mind, if they were going to change the original strap, they could at least lightly polish off the tarnish...
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Old 13 May 2014, 02:04 AM   #3
Vincent65
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amazing!
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Old 13 May 2014, 02:20 AM   #4
GGGMT
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What's the basis of the value, other than rarity?
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Old 13 May 2014, 02:42 AM   #5
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What's the basis of the value, other than rarity?
pretty much; rarity!
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Old 13 May 2014, 06:36 AM   #6
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Pretty rare.
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Old 13 May 2014, 06:59 AM   #7
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Rarity? It's the fact that it's a cloisonné dial, and to top it off on a rolex. These dials are extremely hard to make, taking up to 10-15 kiln firings. They're a form of artwork that goes back hundreds of years. Very few companies make these dials today, Patek being the most reputable and best maker of the dials. The coloring comes from crushed up pieces of glass and the lines are .1mm thick pieces of gold that form an outline on a gold plate, and are then heated to form one piece. While I guess it is "rarity" that gives this value, I think the term undermines the importance and talent the went into creating this piece. The rarity of this is because it's a Hand made one of a kind dial that can only be done by very few craftsmen in the world, even today.
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Old 13 May 2014, 07:03 AM   #8
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I would rather have 10 Mil-subs
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Old 14 May 2014, 12:18 AM   #9
Submarino
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I would rather have 10 Mil-subs
At today prices and with what we saw at this Christie's auction, the only MilSub in the sale sold for $197,115, I guess you can now only have 5 MilSubs.
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