Auction Report: Single-Owner Rolex Submariner 'Explorer Dial' 5512 Sells For Over $250,000 - HODINKEE

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An original-owner Rolex Submariner 5512, Explorer Dial, coming up for auction is not a regular occurrence, so when one does appear in the wild, it is most certainly newsworthy. One such watch, bought by a coal miner from Nottinghamshire England 56 years ago for a mere £70, came up at auction at Gardiner Houlgate out of the U.K., and just sold for £217,000 (well over $250,000). The estimates for the sale ranged from £150,000 - £250,000, so it fell at the higher end. The hammer price was £175,000, with the larger amount reflecting buyer's premium and other associated fees. 

The Link Lonk


October 24, 2020 at 02:00AM
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Auction Report: Single-Owner Rolex Submariner 'Explorer Dial' 5512 Sells For Over $250,000 - HODINKEE

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