A $2.5 million US Rolex Milgauss

Phillips

Recently, watch enthusiasts gathered in Geneva to attend the auctions hosted by Christie's, Sotheby's, Phillips, and Antiquorum. It was a noticeable shift in the pre-auction coverage, with less emphasis on modern "hype" watches and more focus on the truly rare and remarkable timepieces up for auction. Among them was this Rolex Milgauss, which has been discontinued this year.The Rolex Milgauss, initially introduced in 1958, was specifically designed to withstand magnetic fields and became a preferred choice for those working in magnetic environments. While the 1958 Rolex Milgauss models rank among the most sought-after sports watches ever produced by the brand, it was still somewhat surprising when one of these iconic timepieces fetched a staggering $2.5 million US at the auction, setting a new record for this unique Rolex model!