Articles and News
Rolex Ref. 4113 Fetches Record $3.5 Million at Monaco Auction May 01, 2024 (0 comments)
Monte Carlo, Monaco--A vintage Rolex Reference 4113 split-seconds chronograph was sold for $3.5 million at a Monaco Legend Group auction, setting a new record for this model.
[Image via Monaco Legend Group]
As per a report in Fox Business, this watch, one of only 12 ever made, is around eight decades old and is the only split-second chronograph produced by Rolex.
The article cited a Bloomberg report and noted that the auctioned piece previously held a record at $2.6 million in 2016. The sale took place in Monte Carlo during the "Exclusive Timepieces" auction, which featured a range of luxury watches.
The seller, Auro Montanari, known as John Goldberger, added a unique cheese knife case opener to the auction lot. The report noted that the estimated bidding range for the Rolex was between $3 million and $6 million.
The Rolex 4113 is known for its oversized sub-counters, dual scale, and applied baton/Arabic numerals. The luxury watchmaker recently unveiled six new watch models for the 2024 lineup.
Learn more in this article on Fox Business.