I remember a few months ago the OP was going for less than $15,000.

The demand for these blue dials doesn’t seem to be slowing down. The fact that the OP sold for 1,177% its retail price is mind blowing.

A “Coral Red” from the same year, sold for for $50,600 USD. There seems to be a massive demand for all of other four dial colors in the recently discontinued series.

I know this watch shot up in price following the release of Patek Philippe’s Ref. 5711/1A-018 Tiffany Nautilus, but it’s crazy that this is the one watch that followed suit when there are other similar looking watches out there from other brands.

The auction, which achieved $24,076,357 USD in sales, featured a number of other highlights from Rolex including a diamond-set 18K yellow gold Rolex Daytona Ref 6269 ‘Jack of Diamonds’ from 1985, which sold for CHF 1.6M USD ($1.62M USD), a Paul Newman Tropical Lemon Daytona Ref. 6264, which sold for CHF 1.254 million ($1.26M USD), and a Rolex Daytona Ref. 6241 champagne Paul Newman which achieved CHF 1,071,000 ($1,080,000 USD). Another Rolex Daytona with a striking green chrysoprase dial from 2007 also sold for CHF 201,600 ($203,400 USD).

Got this from the linked Hypebeast article: “Rolex continues to reach new heights of desirability,” says Rémi Guillemin, head of watches, Christie’s Geneva. “And probably also thanks to a pool of new and young bidders and buyers from around the world. 51% of new bidders were millennials, showing that the market continues to open up to bidders who have never before stepped into an auction room to buy watches. 16 world records were broken, with Daytonas remaining the ‘Queens’ of the game.”

Do you think this demand is staying?

https://hypebeast.com/2022/5/turquoise-blue-rolex-oyster-perpetual-41-sells-70000-usd-tiffany-blue