A Rolex awarded to a medal-winning sports shooter at a British Olympic event in 1983 has sold for £9,314.80 at Fellows Auctioneers.
Former professional shooter Peter Croft, from Wednesbury, West Midlands, finished third place in the British Olympic Trap Grand Prix, and was honoured with this watch for his bronze prize achievement.
Croft, who represented his country nationally for many sports shooting events, sold the Rolex GMT-Master with Fellows.
The timepiece achieved a full price of just under £10,000 (including fees) in the auction house’s Luxury Watch Sale, which took place on Monday, October 26.
The gentleman’s stainless steel Oyster Perpetual GMT-Master bracelet watch includes a reference 16750.
The timepiece was Lot 124 in the sale and was sold to an internet bidder for a hammer price of £7,300 (£9,314.80 including fees).
Laura Bishop, watch manager at Fellows Auctioneers, said: “This fascinating Rolex GMT-Master gained the attention of multiple bidders during our Luxury Watch Sale. The story behind the timepiece is particularly interesting and we are grateful to Peter Croft for selling this watch with us.”
Adding: “The winner of this Rolex has won themselves a rare item of sporting history and hopefully we will see many more watches like this come through the door. We are currently accepting consignments for our next watch auction.”
£2000 fees for a £7,300 watch?