Most Expensive Rolex Watch in the World - Would You Buy It?

What is the Most Expensive Rolex Watch in the World?

When you are looking for the most expensive Rolex watch in the world you have to know that this is not just any Rolex, but it is a "Paul Newman" Rolex Oyster Cosmograph "Daytona". This watch sold back in 2003 and it was sold for well over one and a half million dollars. It was originally made in 1979 and sold for about $350,000 then.

This is a Rolex so it will hold its value and that is why it was able to become the most expensive Rolex watch in the world. This is a watch that is like no other because it is a Rolex and these are incredible timepieces. Rolex is one of the top 100 luxury brands in the world and this brand makes some of the best watches in the world.

The Rumors About the Most Expensive Rolex Watch in the World

There have also been rumors about a Rolex watch being sold in London for nearly $15 million, but this has never been confirmed. Without confirmation of this we cannot consider this to be the most expensive Rolex watch in the world because we don't have any proof. Instead we will stick with the "Paul Newman", which was confirmed to be sold at auction in June of 2003.

This watch was a prototype wristwatch that had a red dial and three black sub-dials. This was one of the most expensive watches in the world when it was made and sold in 1979 and it was an investment back then. Imagine if you paid $350,000 for this watch and 24 years later could sell it for just over $1.7 million.

Why is this all so important? Well, if you own a Rolex or are considering getting a Rolex, then it is even more proof for you that this type of watch will not only hold its value, but will also increase in value. This is more than a timepiece for your wrist, but it is also an investment for your future and for your children.

Since the stock market is no longer a good investment and many other types of investments are failing you should stick with something that has proved to be a good investment every single year for the past 150 years. Every single Rolex that has been made has at least kept its value as long as it is not altered.

Would You Buy The Most Expensive Rolex Watch in the World?

If you could afford to spend nearly $2 million dollars at an auction to get the most expensive Rolex watch in the world, then would you purchase it? What do you think this watch would sell for when you are ready to leave it to your children or when your children are ready to leave it to theirs?

If you had the money would you invest in this watch and would you expect it to go up in value again? Considering over the 24 years from the creation of this prototype watch to the date it sold at auction in 2003 it gained nearly 5 times the original value. This means if you were to get this watch and it was sold 50 years from now it could go for nearly $20 million.

The other questions you can think about is what would you do with this watch and would you actually wear it if you owned it? Would this be a daily watch for you or a special occasion watch? Even better, would you be the type that would take the most expensive Rolex watch in the world and just hide if from the world?

Find out How Much do Rolex Watches Cost and how to get one for yourself at:

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Posted on 2012-09-14, By: Benjamin Robert Ehinger *

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Note: The content of this article solely conveys the opinion of its author, Benjamin Robert Ehinger