As we all know, the shortage of rolex's main models has caused the price of the secondary market to soar. It seems that the bigger the gap, the higher the price will be.
At sotheby's watch auction in London on April 16th, a rolex rainbow-ringed dittonas eternal rose gold wristwatch sold at a hammer price of 237,500, three times the 75,000 it fetched a year earlier.
Sotheby's estimated the watch to be worth between 140,000 and 240,000.The watch was bought the year before and sold the year after. In just one year, the owner of the watch made a profit of more than 160,000 pounds (minus expenses), equivalent to about 1.4 million yuan.
Of course, this is no ordinary women's automatic watch, the annual production is very limited.Because the rainbow of profusion watch is encircled, need colour and lustre appropriate sapphire is decorated, not easy to collect neat .
The watch is in excellent condition (the label hasn't been cut off and probably never worn), and it's the first time a rolex rainbow-circle ditona timeless rose gold watch has been sold at auction.