Rare Rolex sells at Phillips for world record $5 million


The 18-karat yellow gold wristwatch is one of only three models to feature a black dial and diamond hour markers. Of those models, the Bao Dai is the only watch known to exist with diamonds at the even hours instead of the odd. The rock at 12 o'clock forced Rolex to move its trademark crown below the diamond, resulting in the only dial of its kind in the world. Phillips likened demand for high-end collectible watches to that of fine art and vintage sports cars.

Read more



Readability: 98
Trending: 40
Coherence: 97
Objectivity: 44