Antiques PR Publicity Announcements News and Information
Antiques PR Publicity Announcements News and Information

Rolex Cosmograph Daytona wristwatch brings $54,870 (Canadian) at auction

Rolex ruled the roost in Miller & Miller Auctions, Ltd.’s online-only Luxury Watches sale, as 14 of the top 20 finishing lots were made by the renowned Swiss watchmaker. The top earner was a Rolex Ref. 116515 Cosmograph Daytona, a model first introduced in 1963 to meet the demands of race car drivers. It sold within estimate for $54,870.

All prices quoted are in Canadian dollars and include an 18 percent buyer’s premium.

The Cosmograph Daytona featured a black monobloc Cerachrom bezel in ceramic with an engraved tachymeter scale, and an 18kt Everose gold case. It was powered by calibre 4130, a self-winding mechanical chronograph movement developed and made by Rolex. The chocolate dial with black Arabic numbers accented the gold case and alligator strap.

It was a tidy sale, with just 78 curated timepieces coming up for bid, but it featured luxury makers such as Rolex, Patek Philippe, Omega, Heuer, Cartier, Hublot, Tiffany & Company and IWC, among others. Just under 200 registered bidders placed a combined online total of 2,685 bids, and by the time it was all over the auction had grossed a robust $418,959.

Miller & Miller Auctions, Ltd., has three major auctions planned for the rest of this year and early next year. They include an Automobiles, Advertising & Toys auction (featuring The Gary Archer Collection) on Saturday, December 3rd; an Advertising & Historic Objects auction on Saturday, January 21st; 2023; and a Canadiana & Folk Art auction on Saturday, February 11th.

Miller & Miller Auctions, Ltd. is Canada’s trusted seller of high-value collections and is always accepting quality consignments. The firm specializes in watches and jewelry, art, antiques and high-value collectibles. Its mission is to provide collectors with a trusted place to buy and sell.

To consign a single piece, an estate or a collection, you may call them at (519) 573-3710; or, you can e-mail them at [email protected]. To learn more about Miller & Miller Auctions, Ltd. and the firm’s upcoming auctions, please visit www.millerandmillerauctions.com

Rolex Cosmograph Daytona watch, Ref. 116515, a model first introduced in 1963, with 18kt Everose gold, made and patented by Rolex and cast in its foundry (CA$54,870).