A buyer recently paid a staggering amount at an auction to get their hands on a very rare Rolex watch.
The winning bid for the Rolex Reference 4113 split-second chronograph reached $3.5 million, as revealed by Monaco Legend Group’s auction house.
This particular watch is incredibly hard to find because Rolex only made 12 of them as part of a limited edition for Reference 4113. It’s the only split-second chronograph Rolex ever made.
The seller of this watch, identified as collector Auro Montanari, also known as John Goldberger, put it up for auction.
This sale set a new record for this type of Rolex watch, surpassing the previous record of $2.6 million set in 2016.
Montanari’s Rolex 4113 was part of a larger watch-focused auction by Monaco Legend Group, which took place in Monte Carlo. The estimated bidding range before the auction was $3 to $6 million.
In addition to the watch, Montanari included a special cheese knife case opener.
Monaco Legend Auctions praised the watch as a testament to the seller’s excellent taste and dedication to watch collecting.
The Rolex 4113 features oversized sub-counters, a dual scale, and applied baton/Arabic numbers on its dials.
Monaco Legend Group celebrated the achievement of setting a world record for the sale of this Rolex 4113 Split Seconds Chronograph.
Rolex, a renowned luxury watchmaker founded in 1905, is known for its high-quality timepieces. The company is privately owned and not publicly traded.
Recently, Rolex introduced six new variations of its watch models for the year 2024.
