Setting a new world record for any Rolex GMT Master ever sold at auction, this rare Rolex GMT Master ref. 6542 in 18K yellow gold sold for CHF 341,000 Swiss Francs —including Buyer's premium—, approximately $350,000 USD. Not only this watch is one of the most well preserved and most complete sets out there, but it also features a very unique bronze hue dial.
Special Report: Six Watches Bring $6.6 Million USD at the Phillips Watches Auction THREE in Geneva.
This past Sunday May 15th 2016, at the Phillips Watches Auction THREE that took place at the Hotel La Réserve in Geneva, six lots brought close to CHF 6.5 Million Swiss Francs —approximately $6.6 Million USD. Among the heavy hitters of the night, we found most of our picks we brought you here a few weeks ago. This six watches bringing crazy money, are separate from those at the Phillips Start-Stop-Reset auction that took place the night before and which we brought you here.
Experience: Some of Our Picks from the Phillips Watch Auction THREE. Live Pictures of Nine Exceptionally Rare Lots.
Last spring, the international team of Phillips in Association with Bacs & Russo consisted of only nine people. Today, only a year later, their team around the world has almost doubled and grown to 17. Thus far, Phillips Watches sales exceed $80 Million USD and have set price records for different watches including the Patek Philippe Split Seconds chronograph ref. 1436 that sold for $3.301 Million Swiss Francs as we reported it here, the Patek Philippe Monopusher Chronograph ref. 130 Doctor's Watch selling for $4.645 Million Swiss Francs as we reported it here and of course the privilege to bring down the gavel on what is today the world’s most valuable wristwatch ever sold —not only at auction—, we are talking about the Patek Philippe reference 5016A selling for $7.3 Million Swiss Francs as we reported here.