Royce Set A New Asian Auction Record For Rolex

The auction house in collaboration with Bacs & Russo proudly announces that the “Rolex Milestones: 38 Legendary Watches That Make History” theme auction totaled HK $ 60,858,750 / US $ 7,844,693 And set a new historical record.

Aurel Bacs hosts auction

   The first Asian-themed auction at Filex achieved fruitful results, with 47% of the lots sold for more than the highest pre-sale estimate, with an average sale price of more than $ 200,000. The star of this auction is a Rolex Reference 8171 ‘Padellone’ stainless steel watch with a transaction price of HK $ 7,880,000 / US $ 1,015,732 (equivalent to RMB 6,989,760), setting a new record for Rolex watches in Asia.

Rolex Reference 8171 ‘Padellone’ stainless steel watch

   Sam Hines, International Director of the Watches Division of Filitech Auctions and Vice President of Asia, said: ‘Filicis is fortunate to convene the global watch community in this unique way. John Goldberger, a world-renowned scholar and book writer, has planned for the auction. Pucci Papaleo and his team launched a limited-edition auction catalog. The result is a carefully planned theme auction. Filix celebrates the brand’s timepieces representing Rolex’s historical milestones. Asia has quickly transformed into one of the world’s major watch markets This auction has attracted huge attention from all over the world. ‘