Lot 71: Rolex ‘President’ Bracelet, 18K Gold, Switzerland, 1990s

Auctionata Paddle8 AG

October 20, 2016, 6:00 PM CET
Berlin, Germany
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Description: Rolex ‘President’ bracelet, wristwatch bracelet
Switzerland, 1990s
Three-piece, semi-circular golden bracelet with the Roxel Crownclasp for Rolex Day-Date and certain versions of ladies’ Rolex Datejust
Clasp hallmarked with the fineness ‘750’, the Swiss state essay mark, the Rolex logo, the city and ‘8385’
Strap length: c. 19.2 cm
Total weight: c. 79.5 g
Original case, no. 50006036.64

Condition:

The strap is in good condition with slight tarces of wear. (egr)


Rolex SA

The Swiss watch manufacturer Rolex SA is headquartered in Geneva and runs a large manufactory in Biel/Bienne. Hans Wilsdorf founded the company in 1905 in London. He began the business by importing Swiss watches to London and branding them ‘Rolex’, on the dial. He registered the brand in 1908 and focused on wristwatches, which were considered unreliable at the time. Rolex released the ‘Oyster’ in 1926, which was the first waterproof watch and marks the beginning of the brand’s rise to fame.

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€0 - 1,000,000: 32.75%
€1,000,001 - 2,000,000: 26.8%
€2,000,001+: 20.85%
From: To: Increment:
€0 €19 €1
€20 €39 €2
€40 €99 €5
€100 €199 €10
€200 €399 €20
€400 €999 €50
€1,000 €1,999 €100
€2,000 €3,999 €200
€4,000 €9,999 €500
€10,000 €19,999 €1,000
€20,000 €39,999 €2,000
€40,000 €99,999 €5,000
€100,000 €199,999 €10,000
€200,000 €399,999 €20,000
€400,000 €999,999 €50,000
€1,000,000 €1,999,999 €100,000
€2,000,000 €3,999,999 €200,000
€4,000,000+ €500,000
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at a hammer price up to 1.000.000,00 Euro the buyer´s premium is 29.75 % (including VAT); the buyer's premium amounts to 23.8 % (including VAT) of the winning bid for classic cars.

at a hammer price between 1.000.000,01 Euro and 2.000.000,00 Euro the buyer´s premium is 23,80 % (including VAT) for the (partial) amount of 1.000.000,00 Euro and 17,85% (including VAT) for the (partial) amount between 1.000.000,01 Euro and 2.000.000,00 Euro

at a hammer price more than 2.000.000,01 Euro the buyer´s premium is 17.85 % (including VAT) for the (partial) amount of 1.000.000,00 Euro, 17,85% (including VAT) for the (partial) amount between 1.000.000,01 Euro and 2.000.000,00 Euro and 14,28% (including VAT) for the (partial) amount beginning with 2.000.000,01 Euro.
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