5 Most Coveted and Rarest Rolex Watches in the World
Rolex has dominated the luxury wrist watch industry since its introduction in 1905. With unique designs and top-notch mechanical precision, Rolex watches have voyaged across the globe, from the deepest point of the Mariana Trench to the peak of Mount Everest. Rolex is not only one of the most desirable watch brands among the watch lovers but also highly sought-after among potential Rolex watch buyers who are willing to offer top prices for Rolex watches in good condition.
While virtually all Rolex watches tend to keep hold of good value with time, some of the timepieces may fetch you a higher resale price depending on their desirability and uniqueness. Thus, before you decide to ‘sell Rolex’, or ‘sell Rolex watches’ to raise some quick cash, check out the five most coveted and rarest Rolex watches in the world below:
- Paul Newman Rolex Cosmograph Daytona
The Paul Newman Rolex Cosmograph Daytona is one of the most sought-after and unique watches in the globe. While Rolex introduced the Cosmograph Daytona in 1963, Paul Newman wore the timepiece every day after his wife, Joanne Woodward presented it.
The Rolex Cosmograph Daytona became so synonymous with Newman that the timepiece is often termed as the ‘Paul Newman Watch’. Although many popular luxury watches have been sold for hefty prices over the years, none of the timepieces came close to the cost of the one that Newman wore himself. This iconic watch was sold for nearly £13.7 million in an auction on 26th October 2017.
- Rolex GMT Master 2 Ice
The Rolex GMT Master 2 Ice is made up of white gold, and about 30 carats brilliantly cut diamonds covering every inch of the timepiece. While the watch consists of an 18ct white gold case adorned with seventy-nine round diamonds, the dial comes with a set of diamonds that are arranged in a wavy form. The many brilliant diamonds adorning the dial, bezel, case and bracelet make this Rolex GMT Master 2 visually very appealing. Though spendthrift, the watch also meet the strict standards of Rolex. The Rolex GMT Master 2 Ice is absolutely a perfect blend of technological innovation and extravagant luxury, making it one of the most expensive and sought-after watches in the world.
- 1967 Steve McQueen Rolex Submariner
Introduced first in 1967, the Rolex Submariner reference 5512 looks vintage when it comes to design. Although the watch may seem quite ordinary to some watch collectors, this Rolex Submariner commands a hefty price and is highly desirable just because Steve McQueen once owned this watch.
Steve McQueen was one of the most famous American actors who got an Academy Award for the Best Actor due to his excellent performance in The Sand Pebbles. The 1967 Steve McQueen Rolex Submariner was sold for nearly £180,067 in an auction in 2009 by Antiquorum.
- Bao Dai Rolex
The Bao Dai Rolex is absolutely one-of-a-kind timepiece, and it is not only because the last Vietnam emperor Bao Dai owned it. This Rolex watch is made of 18k yellow gold, featuring a triple calendar and a moon phase indicator. It comes with a black dial and diamond markers at the even hours except 6. While the assets owned by royalty often fetch a massive amount when selling, this Bao Dai Rolex is known to be the second-most expensive timepiece sold for more than £3 million at an auction in Geneva on 13th May 2017.
- Ferrari Red Paul Newman Rolex Daytona
Inspired by Ferrari, this Rolex Daytona watch comes with the red and black dial, measuring 37 mm in diameter. The Ferrari Red Paul Newman Rolex Daytona is one of the two timepieces associated with the actor Paul Newman. While this classic Rolex Daytona is potentially the most easily recognisable and coolest watch in this list, it is one of the most coveted watches in the world. The timepiece was sold for a massive price of £205,704 due to its association with Paul Newman.