Time is truly priceless, but this 1958 Rolex Milgauss just sold for a record-breaking $2.5 million at auction. ⌚ watch timepiece
’s Conseil Européen pour la Recherche Nucléaire, a.k.a. CERN, to create a wristwatch that could tell the time accurately even in the presence of strong magnetic fields. The final product was equipped with a soft iron cage to protect the movement. The Milgauss can withstand as much as 1,000 gauss orPhillips
Produced in 1958, this stainless-steel example is presented in pristine condition. It features a black honeycomb dial, a rotating bezel, and a seconds hand that is shaped like a lightning bolt. The flashy wrist candy was one of the priciest pieces sold during last weekend’s watch auctions in Geneva. The model, which never achieved the popularity of its Submariner and Daytona siblings, was discontinued in March of this year. Demand has increased accordingly.
Vintage Milgausses have routinely attracted six figures at auction: A similar design from 1958 sold for $354,000 at Christie’s in 2013, while another hammered down for $335,000 at Phillips in 2022. The latest sale, however, sets a whole new bar for the model.
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