The Paul Newman Daytona sits proudly alongside its Rolex cousins as seen in the new book 'Vintage Rolex.' PHOTOGRAPHY © 2020 THE VINTAGE WATCH COMPANY

Most Expensive Rolex Watches of all Time

Rolex is one of the most luxurious and expensive watch brands in the world. While most Rolex watches tend towards the higher end of the scale in regards to cost, some Rolex watches are unrivalled in price. These are the most expensive Rolex watches of all time.

The most expensive Rolex in the current collection

With prices starting from A$620,000, the Rolex GMT Master II Ice is the most expensive model in the current collection and is also the most expensive model the Swiss watchmaker has ever produced. Made from 18-karat white gold, the watch is covered with 30 carats of brilliant-cut white diamonds on its dial and bracelet and set with glittering baguette-cut diamonds on its bezel.

Bob’s Watches

Currently, only a select number of clients own the highly-priced model with soccer superstar, Cristiano Ronaldo, being one of them. Ronaldo famously wore the Rolex GMT Master II Ice during the 14th Dubai International Sports Conference in January 2020. According to Forbes, Ronaldo was the highest-earning soccer player of the last decade, making Rolex’s most expensive model an entirely suitable choice for the star.

Featuring a 13mm thick oyster case, the Rolex GMT Master II Ice is waterproof in depths up to 100 metres. The watch features the classic GMT dial with a second hand which can be set to a second-time zone, and with self-winding automatic movement, the watch also offers up to 50-hours of reserve power.

The most expensive Rolex ever sold

The Paul Newman Daytona was purchased for US$17.8 million (A$22.8 million) during an auction in October 2017, making it the most expensive Rolex and watch ever sold.

The watch was given to Oscar-winning actor, Paul Newman, by his wife, Joanne Woodward while filming the movie Winning. Newman wore the watch every day for over 15 years before giving it to his daughter’s then-boyfriend James Cox. Over 400 people attended the New York auction in 2017, with many collectors considering the watch The Holy Grail of watch collecting. Nicknamed the Paul Newman Daytona in the 1980s because Paul Newman was regularly seen wearing the model, the watch boasts an exotic art deco design. It’s estimated that there are only around 2000-3000 types of this dial in the world.

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