Phillips Geneva – The Phillips auction house is the most renowned auction house for the rarest and most valuable watches in the world. Amongst others Paul Newman’s Cosmograph Daytona $17.7 million was auctioned. Who knows the market of luxury watches, knows that all the exhibits with rank and name are traded here in Geneva. The new interview on Youtube is so interesting that we wanted to give you some more information, among other things after the video interview the top 3 of the most expensive Rolex, which were traded and sold at Phillips. So the auction house Phillips finds and sells the rarest watches in the world!
Phillips: Number 1 for luxury watches
Now there is a first, very interesting interview from Paul Boutros. He is head of the watch department and knows how to auction luxury watches.
Boutros has been responsible for countless sales, including the highest auction price ever achieved for a watch. The aforementioned Rolex by Paul Newman, 2017 for almost 18 million dollars.
In the run-up to the Phillips Game Changers auction in New York, Boutros came to Gear Patrol to interview them about the sourcing, evaluation and eventual sale of some of the most incredible watches in history.
He brought special watches from the upcoming auction, including Marlon Brando’s personal Rolex GMT Master and the 50-year-old gold Rolex Day Date of golfer Jack Niklaus.
Interview with Paul Boutros (Phillips, Geneva)
Paul Boutros is head of the watch department at Phillips.
Selection: The 3 most expensive Rolex sold
- Model: Paul Newman’s Cosmograph Daytona
- Sold for: $17,752,500
1st place with a sales total of an incredible $17,752,500 – At the top of the most expensive Rolex watches is Paul Newman’s Cosmograph Daytona. It is + $11,852,500 more valuable than number 2, the “Daytona Reference 6265 Unicorn”. Paul Newman’s Rolex Cosmograph Daytona is the most impressive of all Daytona watches.
Facts of the watch: Cosmograph Daytona
- Dark brown dial
- Dial offers contrast to white, outer trims
- Art deco font.
- Black and red minute display
- Square ends of the sub-dials
- Engraving: “DRIVE CAREFULLY ME” (watch case back)
Clock in detail: close-ups
The legendary Daytona auction
This auction has changed the world of luxury watches. Over $17 million dollars for a Rolex model.
Rolex Daytona Unicorn – Auctioned for $5.9 million
- Model: Daytona Reference 6265 Unicorn
- Sold for: $5,900,000
With $5,900,000, the Daytona Reference 6265 Unicorn is in second place in the Rolex ranking. The Daytona Reference 6265, manufactured in 1970, was nicknamed “Unicorn”. It was the only 18K white gold model available at the time. Daytonas are usually made of stainless steel. Stainless steel has extremely many advantages. It is corrosion-resistant, temperature-resistant, hygienic, low-maintenance and above all durable.
Facts of the clock
- The only 18K white gold watch in its day.
- Estimate (before auction) was $3 million
- selling price + $2.9 million (total $5.9 million)
Daytona Reference 6265 Unicorn in detail: close-ups
Rolex Bao Dai – Sold for $5 million
- Model: Bao Dai Reference 6062
- Sold for: $5,060,427
$5,060,427 for 3rd place, the Bao Dai Reference 6062, auctioned at Phillips in Geneva in 2018. What makes this watch so special, the Bao Dai was privately owned by the last emperor of the Vietnamese Nguyen Dynasty. Because it was the rarest of the Rolex model 6062, it was added to the list of the most expensive Rolex watches.
Facts of the watch: Bao Dai
- Clock of the Vietnamese Nguyen Emperor
- Kaiser kept his Rolex until his death (1977)
- Rarest model of the 6062 series (3 pieces left)
- 18K yellow gold
- Diamond elements on the full hours (unique)
- Rolex crown offset, so that diamonds have room (unique)
- triple calendar with moon phase display