1993 rolex submariner with lapis dial

Watch Collecting sets another world record with latest Rolex Submariner sale

After setting a new benchmark auction price for the Omega Speedmaster Snoopy in June, Watch Collecting has built on that success again this month.

Another month means another world record for Watch Collecting which has gone from strength to strength following its inception.

After setting a new benchmark auction price for the Omega Speedmaster Snoopy in June, Watch Collecting has built on that success again this month with a Rolex Submariner 16613 Lapis Dial from 1993.

Having turned down several low offers from pre-owned watch dealers for this bi-metal Submariner, the owner was recommended to contact Watch Collecting.

A reserve was then set well above the highest received offer and a few days later the watch was professionally photographed and listed on the Watch Collecting platform.

1993 rolex submariner with lapis dial 2

Two days into the seven-day auction, the reserve on the ultra-rare, full-set version of the classic blue dial Sub was reached and the bids continued to climb.

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With two days to go, the previous highest hammer price of £25,000 achieved by Kaplan of Sweden in 2018 was passed, with the final day seeing determined bidding from collectors driving the final hammer price to £64,200, more than double the previous record.

As the watch was bought via Watch Collecting, the seller pays no fees at all, receiving the full hammer price, with the buyer paying a 6% premium.

Last month, WatchPro caught up with Adrian Hailwood, the man behind the platform.

Find out more here:

How is newly launched WatchCollecting.com disrupting the way collectible watches are globally bought and sold?

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