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Watch Information You May Not Have Known

Interesting Information You Might Not Have Known.

If We Only Knew . . .
The cost of the Rolex Milgauss (Reference #1019) in 1973 was . . . $275.00.  Today, they trade for $9,000 to $12,000 depending on the condition. 

In 1975, you could have purchased a stainless steel Rolex Cosmograph (Reference #6263) for . . . $500.00 and an 18k yellow gold Rolex Cosmograph with an 18k yellow gold band (Reference #6265) for . . . $1,950.00.  Today, the #6263 trades for $13,000 to $16,000 and the #6265 trades for $22,000 to $25,000 depending on condition.

 

If You Get Lost . . .
The Rolex GMT Master can be used as a compass.  Point the hour hand towards the sun and the red 24 hour hand will automatically point North.  This works in the Northern hemisphere.  In the Southern hemisphere, the red 24 hour hand will point South.

 
The Rolex Story . . .
1920 - Hans Wilsdorf founded Montres Rolex S.A. in Geneva
1926 - First waterproof Rolex Oyster case with a screw down crown
1931 - First perpetual watch with the self-winding rotor mechanism
1945 - Datejust - first automatic watchproof watch with a date
1953 - Introduction of the Submariner
1954 - First ladies Rolex Oyster Perpetual Chronometer
1954 - Introduction of Rolex GMT Master
1956 - Introduction of Rolex Day Date ("President")
1960 - Hans Wilsdorf dies
1971 - Introduction of Rolex Sea-Dweller
1999 - Introduction of stainless steel & platinum ("Rolesium") Yacht Master
 

Setting World Records . . .
An 18k yellow gold Patek Philippe perpetual calendar chronograph (Reference #2499) retailed for . . . CHF6,000 in 1963.  It recently sold at auction for CHF949,500 (approximately $558,529.00).  An 18k pink gold #2499 sold  for $1,066,744.00 in 1999.

An 18k yellow gold Patek Philippe one-button split-seconds chronograph, made in 1923, was sold in 1999 for $1,918,387.00.  This was the highest price ever paid for any wrist watch, setting a world record.

In 1948, you could have bought a stainless steel Patek Philippe perpetual calendar chronograph (Reference #1518) for . . . CHF2,465.  It recently sold for CHF1,433,500.00 (approximately $814,490.00) at auction, setting a new record for the #1518.

An 18k yellow gold Patek Philippe minute repeater (Reference #2524/2) originally retailed for . . . CHF6,650 in 1964.  In October 2000, it was auctioned off for $182,000.00, setting a new record for this model.

 

 

 

 

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Note: We are not in any way affiliated with Rolex of Switzerland or Rolex USA.  All of our Rolex watches are pre-owned.  Our pre-owned Rolexes do not come with a Rolex warranty since it no longer attaches.  Rolex of Switzerland and Rolex USA are not obligated to warranty any watches sold on this site.  We are not authorized dealers for any of the watch brands listed on our website.  All brands are trademarks of their respective holders.

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Last modified: May 30, 2010

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