Rolex is the new champion in the auction house, certifying the watch company’s legendary position as the creator of the highest quality wristwatches. On April 23, 2008, an ultra-rare 1971 “Albino” Rolex Daytona, formerly owned by rock n’ roll legend Eric Clapton, sold at Sotheby’s “Important Watches Auction” for $505,000 including buyer’s premium. Although it was expected to fetch $100,000-$150,000 by watch experts, the Rolex Daytona broke all records when it sold for over half a million dollars once the dust had settled.
Created by Rolex in 1971, the watch is nicknamed the “Albino” Daytona because the background and subsidiary [...] Read More
at Melrose Jewelers- Written by John Lavitt
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