‘007 watch’ goes sky high at auction

Posted on 2nd October 2017

A 1950’s wristwatch favoured by Britain’s best-loved secret agent soared way above its price estimate at our Autumn Fine Art Sale. 

The rare Rolex Oyster Perpetual Submariner sports watch – the so-called James Bond model – dating from 1958 was valued between £1,000 and £2,000 but was eventually knocked down for an eye-watering £4,600 despite being in an incomplete form. 

Designed for diving, this line of watches is known for its resistance to water and corrosion. The first Submariner was introduced to the public in 1954 at the Basel Watch Fair and is now considered a classic amongst wristwatches, manufactured by one of the most widely recognised luxury brands in the world. Due to its popularity, the model has become the subject of massive counterfeiting so originals can fetch very high prices. 

The Rolex Submariner has appeared in a number of James Bond movies, the first being worn by Sean Connery in Dr No (1962) and then again in From Russia with Love (1963), Goldfinger (1964) and Thunderball (1965). Timothy Dalton is the last Bond actor to have worn a Rolex when he sported a Submariner with a date window in his last film Licence to Kill (1989).

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