A Rolex owned by Vietnam’s last emperor has become the brand’s most expensive watch ever

  • The ‘Bao Dai’, a Rolex that Vietnam’s last emperor bought during Geneva peace negotiations in 1954, was sold for $5 million on 13th
  • The bidding war lasted eight minutes among 10 bidders in the room and three on the phone.
  • The watch is one of the rarest Rolexes, one of three black-dial models known to exist with diamond hour markers.
  • The timepiece, completed in 1989 to commemorate Patek Philippe’s 150th anniversary, had been estimated at $6.4 million to $9.9 million.
  • Phillips spokesman Aurel Bacs said: “A watch that was originally discovered at Phillips in 2002, it was an absolute honour to offer the Rolex 6062 “Bao Dai” for the second time in my career.
Source: http://bit.ly/2qqMBFY

 

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