Rolex watch attracts 100 bidders and sells for £230,000 at Suffolk auction

The market for vintage ‘tool’ watches continues to burn hot. Lockdales in Martlesham Heath, near Ipswich set a new house record this week when a Rolex Oyster Perpetual Submariner sold at £230,000 (plus premium).

The watch, purchased by the East Anglian owner in 1965, carries the model number 1023420 and the ser…

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