Gavels ‘n’ Paddles: Rolex “Bao Dai” watch, $5.06 million, Phillips

Gavels 'n' Paddles: Rolex “Bao Dai” watch, $5.06 million, Phillips

Results of Recent Auctions From Near and Far
by Ken Hall

The Rolex Reference 6062 “Bao Dai” wristwatch, named for a previous owner, Bao Dai, the last emperor of Vietnam, sold for $5.06 million at an auction held May 13th by Phillips (based in New York City), in conjunction with Bacs & Russo, in Geneva, Switzerland. It was the most ever paid for a Rolex watch at auction. This Rolex triple calendar watch, with moon phase in yellow gold, is one of only three black dial models known to exist, with diamond markers at the even hours. The price includes the buyer’s premium.

Gavels ‘n’ Paddles: Rolex “Bao Dai” watch, $5.06 million, Phillips