As we all know, the shortage of major Rolex models has led to a surge in secondary market prices. It seems that the larger the gap, the higher the price increase.
At the Sotheby’s watch auction in London on April 16, a Rolex Rainbow Circle Daytona eternal rose gold watch 116595RBOW was sold for 237,500 pounds (approximately 2.07 million yuan), which reached the price released one year ago 75,000 pounds).
Sotheby’s valued the watch at £ 140,000 to £ 240,000, and the final transaction price was not disappointing. The watch was purchased in the previous year and sold in the following year. In just one year, the watch owner made more than 160,000 pounds (minus the cost) with the watch, equivalent to about 1.4 million yuan.
Of course, this watch is not an unusual model, and its annual production is very limited. Because of the colorful rainbow bezel, you need the appropriate color sapphire decoration, it is not easy to get together.
The Rolex Rainbow Di came out in 2012, initially in gold, and later the brand released a platinum version. In 2018, Rolex launched the Rainbow Circle Daytona Eternal Rose Gold Watch. It is worth mentioning that the first two models use bright-cut diamonds as time markers, and the latter upgrades them to rainbow rainbow gems, which echo the bevel gradient effect.
According to Sotheby’s, the watch is in excellent condition (the labels have not been cut off and may never have been worn), and this is also the first time that the Rolex Rainbow Circle Daytona Eternal Rose Gold Watch has appeared on the auction market. (Photo / text watch home Xu Chaoyang)