Oyster Perpetual Submariner Sells For World Record Price

Auction Gavel

World records are broken regularly in all types of areas all over the world. In the watch world recently in early December 2013, a Rolex Oyster Perpetual Submariner broke the world record after selling for £86,000. It was bought by a collector at an auction in Newcastle, UK by Anderson & Garland. This is the highest ever recorded sale for this model of Rolex.

So why did it sell at the auction for such a high price? The story behind it is that the 1964 Submariner has a rare steel case and is suspected to be one of only about 50 in the world.

The Rolex now has a new home in the hands of a collector in Hong Kong.

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