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Tikandtokalot · 22 October 2020, 01:38 AM

A rare Rolex described as the "holy grail of vintage watches", once owned by a miner, has sold for £175,000.
Full story link below.
https://www.bbc.co.uk/news/uk-englan...shire-54631014

TTalk · 22 October 2020, 02:06 AM

5512 for those who don’t want to click on the link.

Tikandtokalot · 22 October 2020, 02:11 AM

Quote:

Originally Posted by TTalk

5512 for those who don’t want to click on the link.

Thank you for your help.
I hadn't realised the predicament of a link.
Unfortunately I don't have a third party option for picture uploading
The link is a genuine one to BBC news.

Haywood_Milton · 22 October 2020, 02:54 AM

At least £217,000 including buyer's commission.

I'd expect it to be sold on quickly for a chunk more.

Stan Cooper · 22 October 2020, 02:57 AM

I would suggest that Paul Newman's 1968 Daytona may be the ultimate grail vintage watch. It sold for US$15.5 million at auction.

https://www.forbes.com/sites/hylabau.../#9819d145313f

TTalk · 22 October 2020, 02:59 AM

Quote:

Originally Posted by Tikandtokalot

Thank you for your help.
I hadn't realised the predicament of a link.
Unfortunately I don't have a third party option for picture uploading
The link is a genuine one to BBC news.

No worries, and yes it is a good link.

Some folks just don’t like clicking links, which is not an issue for me when I’m on my iPad because it’s pretty well locked down as far as viruses and such.

Appreciate your posting this.

Wahlberg · 22 October 2020, 03:11 AM

Quote:

Originally Posted by Haywood_Milton

At least £217,000 including buyer's commission.

I'd expect it to be sold on quickly for a chunk more.

Why didn't someone offer more then?

athom · 22 October 2020, 03:36 AM

btw here is one : https://www.worldoftime.de/en/rolex....ner-28977.html

HERITAGE82 · 22 October 2020, 03:43 AM

Quote:

Originally Posted by Haywood_Milton

At least £217,000 including buyer's commission.

I'd expect it to be sold on quickly for a chunk more.

Quote:

Originally Posted by Wahlberg

Why didn't someone offer more then?

X 2... Very interested to hear the response.

jedly1 · 22 October 2020, 04:49 AM

The devil is as always in the detail.... I stayed out of the bidding as a friend was interested in it , on the basis he would take a ‘punt’ ( an each way gamble ) that the mark on the dial at 2 o’clock would improve .

The value of the piece is the dial condition , marks scrapes , blistering , chips demolish that value .

If it does it’s a win , if it doesn’t .... well ...

I’d bet H is right , it will have gone to a dealer prepared to make the same bet , given half the uk is shut down , same for Europe , travel in person is almost impossible I’m amazed it went so strong .

Slimpee · 22 October 2020, 05:18 AM

Why is this considered a grail piece?

fmc000 · 22 October 2020, 05:22 AM

Quote:

Originally Posted by Slimpee

Why is this considered a grail piece?

Because of the extremely rare 3-6-9 explorer dial.

Inviato dal mio SM-T719 utilizzando Tapatalk

andrewjb88 · 22 October 2020, 07:38 AM

Remember it coming up on BBC a few weeks ago and thinking its not rare but then read about the 3-6-9 bit.

Haywood_Milton · 22 October 2020, 09:25 AM

Quote:

Originally Posted by Wahlberg

Why didn't someone offer more then?

Quote:

Originally Posted by HERITAGE82

X 2... Very interested to hear the response.

A number of possible reasons.

The auction was held in a very respectable, provincial English auction house near Bath (as it happens I have known the owners for years, bought one of my 5517s from them and another from one of their neighbours!). Especially in these times, not everyone could travel to see the watch there nor would they be willing to bid on it unseen. If a dealer is willing to bring it to them in the Far East or wherever, they might then pay a higher price.

Many people wish to buy from a dealer they trust, with a reputation to protect, demonstrated expertise and a responsibility to describe an item correctly. Rightly or wrongly, they may not attribute these things to auction houses. The provenance of recognised dealer X supplying the watch adds value.

There are many wealthy people in the world for whom the last £30,000 won't matter when they simply want the best example currently available to complete their collection or show off at the next boys' toys meet. They contact their trusted dealer and just task him with sourcing the right watch.

Jed could probably write twenty times more on this.

Insta : haywood_milton_rolex

RoscoPico · 22 October 2020, 09:30 AM

Quote:

Originally Posted by Stan Cooper

I would suggest that Paul Newman's 1968 Daytona may be the ultimate grail vintage watch. It sold for US$15.5 million at auction.

https://www.forbes.com/sites/hylabau.../#9819d145313f

wasn't it actually $18m ? a lot regardless

Quote:

Originally Posted by Tikandtokalot

A rare Rolex described as the "holy grail of vintage watches", once owned by a miner, has sold for £175,000.
Full story link below.
https://www.bbc.co.uk/news/uk-englan...shire-54631014

thanks for sharing. this is definitely a cool watch. i always thought the 6538 was a grail.

narembeen · 22 October 2020, 09:37 AM

Its also nice to see the family held onto it for a considerable amount of time before they decided to sell it.

Stan Cooper · 22 October 2020, 11:23 AM

Quote:

Originally Posted by RoscoPico

wasn't it actually $18m ? a lot regardless

Yes, if you include the buyer's premium. Apparently the proceeds went to a great charity. I wonder if the buyer took a tax deduction.

22 October 2020, 01:38 AM	#1
Tikandtokalot "TRF" Member Join Date: Aug 2020 Location: Scotland Watch: Tudor BB41 M79540 Posts: 648	Holy Grail Rolex Sells A rare Rolex described as the "holy grail of vintage watches", once owned by a miner, has sold for £175,000. Full story link below. https://www.bbc.co.uk/news/uk-englan...shire-54631014

22 October 2020, 02:54 AM	#4
Haywood_Milton "TRF" Member Join Date: Jun 2008 Real Name: Yes, it is ! Location: Cheshire & Mersey Watch: Military issue Sub Posts: 1,330	At least £217,000 including buyer's commission. I'd expect it to be sold on quickly for a chunk more. __________________ Comex:5513,5514,1665x2,16800x2,16600 Mil sub:5517x2,5513x9,5512 Submariner:6536/1x2,5508,5513 PCG u/line & double SWISS (America's Cup),5513 giltx2, 5513 m-firstx2,5513 gloss WGx2,1680 Red,1680 White Mk1 & Mk2 Sea-Dweller:1665 DRSDx3,Great Whitex3 GMT-Master:6542x2 (1 Bakelite),1675x8 (2 gilt), 16750 & SeaKing 116710LN Explorer:1016x6 (1 gilt),5500x3,14270 Blackout, Orange 1655 x4 Milgauss 1019x3 Cosmo 6263 *RNCD DSSD 116660.

22 October 2020, 02:57 AM	#5
Stan Cooper 2024 SubLV41 Pledge Member Join Date: Aug 2020 Real Name: Stan Cooper Location: Sonoma County, CA Watch: GMT-Master II Posts: 2,878	I would suggest that Paul Newman's 1968 Daytona may be the ultimate grail vintage watch. It sold for US$15.5 million at auction. https://www.forbes.com/sites/hylabau.../#9819d145313f __________________ ♛16710 GMT-Master II, ♛1915 Rolex WW1 Trench Watch, Zelos Thresher 500m GMT Meteorite, Zelos Swordfish 40 200m Ti Blood Moon Meteorite, Hamilton Pilot Chronograph, Ball Roadmaster Pilot GMT COSC Chronometer, Zelos Mako 300M Traveler GMT Meteorite, Seiko SSC813 quartz solar powered chronograph It's weird being the same age as old people. - Stan

22 October 2020, 03:36 AM	#8
athom "TRF" Member Join Date: Oct 2017 Location: Paris (France) Posts: 688	btw here is one : https://www.worldoftime.de/en/rolex....ner-28977.html __________________ Rolex ♛ GMT-Master 1675 BLRO \| Rolex ♛ Submariner 1680 RED \| Rolex ♛ Submariner 5513 MF \| Rolex ♛ Submariner 114060 \| Omega Ω Speedmaster 105.012

22 October 2020, 07:38 AM	#13
andrewjb88 "TRF" Member Join Date: May 2018 Location: United Kingdom Watch: 16302 Rolex OP Posts: 767	Remember it coming up on BBC a few weeks ago and thinking its not rare but then read about the 3-6-9 bit. __________________ Rolex Datejust 16203 Omega Seamaster Professional 300m Tudor BB GMT Luch one hand

22 October 2020, 02:06 AM	#2
TTalk Banned Join Date: Nov 2015 Location: Texas Posts: 650	5512 for those who don’t want to click on the link.

22 October 2020, 04:49 AM	#10
jedly1 "TRF" Member Join Date: Feb 2010 Location: mel(oz)/Yorks(uk) Posts: 1,928	The devil is as always in the detail.... I stayed out of the bidding as a friend was interested in it , on the basis he would take a ‘punt’ ( an each way gamble ) that the mark on the dial at 2 o’clock would improve . The value of the piece is the dial condition , marks scrapes , blistering , chips demolish that value . If it does it’s a win , if it doesn’t .... well ... I’d bet H is right , it will have gone to a dealer prepared to make the same bet , given half the uk is shut down , same for Europe , travel in person is almost impossible I’m amazed it went so strong .

22 October 2020, 05:18 AM	#11
Slimpee 2024 Pledge Member Join Date: Jul 2020 Location: Midwest, USA Watch: DJ 41; 1803; BB Ch Posts: 1,290	Why is this considered a grail piece?

22 October 2020, 09:37 AM	#16
narembeen Banned Join Date: Apr 2020 Location: Western Australia Posts: 386	Its also nice to see the family held onto it for a considerable amount of time before they decided to sell it.

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