Previously today, I discovered myself being in the front row at the Phillips Game Changers public auction, hypothesizing with enthusiasts as well as see suppliers regarding what insane prices we thought would be attained by Jack Nicklaus’s Rolex Day-Date as well as Marlon Brando’s Rolex GMT-Master from Armageddon Now. Individuals were throwing away numbers in the millions, plural, as well as not flinching for a minute. After the watches cost $1.22 million as well as $1.95 million, specifically, there was a certain sense of frustration flowing. No globe records were set, no one drew any type of insane auction shenanigans, as well as enjoys that had been hyped up for months, were no more items of speculation.

But wait a minute. Dissatisfaction? At what? Two Rolex watches just marketed, minutes apart, for seven-figure prices, and the absence of a tenth digit or some type of document had individuals feeling a bit decreased. As I walked out of Phillips, I couldn’t assist but really feel that this was crazy. It was less than a decade ago that we saw the extremely first Rolex break the million-dollar mark, as well as in some way in just eight short years, we’ve started to take it for granted that million-dollar Rolexes grow on trees and are auction block regulars.

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Every Million-Dollar Rolex Sold at Public Auction

First things first. It is important to comprehend that when I speak about million-dollar Rolexes, I’m describing a small collection of watches. By my count, we’re discussing 28 watches. Total. Ever before. The first Rolex really did not get rid of the $1 million marks till 2011, when among just a dozen ref. 4113 split-seconds chronographs hit the block at Christie’s Geneva. It would be an additional two years up until a second ref. 4113 bested that watch, setting a new record at $1.1 million. There were just two $1 million Rolexes in 2013, one in 2014, two in 2015, as well as three in 2016. It was 2017 when things started to hockey stick, with five that year, eight in 2018, and five in 2019.