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‘Rare’ Rolex fetches £230,000 at auction

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Lockdales Auctioneers

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The Rolex Oyster Perpetual Submariner Wristwatch attracted global bidders

A Rolex watch which used to be as soon as rescued from a cement mixer has bought for £230,000 at auction.

Auctioneers mentioned the watch, which used to be initially bought in 1965, used to be probably the most “great rarities”.

Lockdales Auctioneers mentioned bidders had flown over from Italy, the United States and Holland to participate in Wednesday’s sale at Martlesham Heath, Suffolk.

Its estimated worth used to be £eight,000. The auctioneers mentioned the marketplace for antique watches “seems to be very hot”.

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The Rolex Oyster Perpetual Submariner Wristwatch options orange numerals on an increasing bracelet.

It used to be bought on behalf of a person from East Anglia who took the watch to a valuation day highway display, the auctioneers mentioned.

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Lockdales Auctioneers

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Chris Elmy, from Lockdales Auctioneers, mentioned the watch had an estimated worth of as much as £eight,000

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Lockdales Auctioneers

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The watch have been purchased via its unique proprietor in 1965

Chris Elmy, from Lockdales Auctioneers, mentioned: “The proprietor needs to stay nameless, however it appears the watch had as soon as been rescued from a cement mixer, when it fell off his wrist.

“Lucky it did not do a lot injury.”

He mentioned, in line with the a success bidder, probably the most the reason why the watch is so precious is for the reason that dial is in “such excellent situation”.

The orange numerals additionally make it “extremely uncommon”, he mentioned.

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Lockdales Auctioneers

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The watch is claimed to be “in such good condition” and the orange numerals “very rare”

In addition to bidders within the auction room, there have been greater than 100 on-line and 10 phone traces open.

The purchaser used to be an Italian guy, who sought after to stay nameless.

An Omega Speedmaster watch, from 1962, bought for £32,000 at the auction.

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