Vintage Rolex wristwatches
William Gregory MRICS of Golding Young & Mawer brings you news from the sales room.
One of the most buoyant and hotly contested sectors in the auction market is for wristwatches, and of all manufacturers those by Rolex are some of the most sought after in the world.
Whilst the rarest models can make hundred of thousands of pounds at auction and may appear only for the preserve of the rich and famous, there are more affordable models regularly being offered for sale at auction.
For those willing to consider an alternative to Paul Newman’s Rolex, which set an auction record selling for £13.5 million in 2017, a Rolex can be acquired for hundreds, and not millions of pounds.
Illustrated here are some watches recently sold at auction with more affordable prices.
A word of warning, however, to those about to start bidding. Modern technology may make it easier but old rules should be followed to avoid disappointment. Keep to a reputable auction house, preferably in the United Kingdom, unless you are feeling confident.
Check the catalogue for the description, and auction expenses. Ask for a condition report for both the watch and bracelet.
Following the old auction rules should guard against an expensive mistake and reduce the possibility of purchasing a fake watch.
Finally, when purchasing a secondhand watch remember that servicing and repairs should be carried out by a specialist. This should also be factored in when deciding the level of your auction bid.
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Grantham school joins Carol Service in celebration of town’s hospital![]()
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Pupils from St Mary’s Catholic Voluntary Academy are taking part in the first Carol Service to celebrate the special relationship Grantham and District Hospital has with the town and surrounding communities.![]()
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The school children will join in the singing of favourite Christmas Carols as well as perform their own set musical piece at the Carol Service on Thursday 11th December at 7pm, in St Wulfram’s church, Grantham.![]()
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Deputy Head Teacher Olivia Mumford said: “The Carol Service is a fantastic opportunity for our pupils to share the joy of music while showing appreciation for the incredible work done at Grantham and District Hospital. It’s a privilege to support such an important event in our town."![]()
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The Carol Service has been organised by United Lincolnshire Hospitals Charity, who work closely with staff at Grantham and District Hospital and provides those extras for staff and patients that NHS budgets are unable to fund. ![]()
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Further details on the Grantham NHS Carol Service can be found by visiting www.ulhcharity.org.uk/news/christmas-carols-at-grantham-st-wulfram-church-in-thanks-for-towns-sup...