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  • £20,000 Rolex Watch – Star of the Show

£20,000 Rolex Watch – Star of the Show

Auctioneer Paul Keen reports on “A fabulous night on the rostrum”, following three hours of selling a “great collection of jewellery and watches” this week.

With several hundred bidders registered online, a good attendance and numerous phone lines booked, the sale had all the right ingredients for a high grossing auction. From the first lot selling for five times its estimate, bids for jewellery came in thick and fast, with a notable high amount from international bidders. There were numerous four figure jewellery lots, including a 2-carat solitaire ring selling for £5,800 to a local couple in the Saleroom, a lovely diamond line bracelet making £2,700, and a stunning tanzanite ring which created a flurry of UK and US bids until it landed on £2,500.

There were many lots selling well over estimate, including Lot 131 which really took off. The 19th century ornate yellow gold flower and leaf design tortoiseshell hair comb set with pearls, was valued at just £300. Collectors thought differently though, and bidding soared to £1,600, much to the surprise of many in the Saleroom. A short while later a similar one was sold for £700.

 

The headline lot in the Watches section, was the 1965 Rolex 5513. The estimate of £7,000 to £9,000 was surpassed well before the auction, with pre-sale bids coming in from as far as the US. A London collector on a phone line saw off a lot of competition, and was successful with a winning bid of an impressive £20,000 (incl. premium). Three lots later a Rolex Sea-Dweller sold for £11,400 (incl. premium). Elsewhere other Rolex, Tudor and Breitling watches sold very well, much to the delight of the sellers.

View the rest of the Sale Results here.

Plymouth Auction Rooms are now inviting entries for the next sale of Fine Jewellery and Watches. If you are considering selling items please email us or call on 01752 254740.

 

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