This Rolex Cosmograph Daytona c.2009 was purchased via an online-only sale during the April lockdown for just £30.
The buyer had contacted Batemans (20% buyer’s premium) in Stamford and, after a thorough inspection and some research, received a call to say the watch was genuine, albeit with a blinging aftermarket bezel studded with 124 diamonds and a total weight of over 3.5 carats.
Offered for sale at as part of Batemans’ specialist quarterly Jewellery & Watches sale on May 21 with a pre-sale estimate of £5000- 8000, it sold to an online bidder against five phones for £14,000.
This watch, the reference 116520, was one of the first made with a Rolex in-house movement (the calibre 4130) and was produced for 11 years but is now discontinued. It differed from the older Rolex chronographs by having the tachymeter scale engraved on the bezel for greater dial legibility.