Posts tagged #Rolex Submariner ref. 5508

News: Phillips Watches Sells Over $25 Million USD at Their Geneva Watch Auction NINE. New Record for a George Daniels Watch and Rolex Submariner ref. 5508.

In another record-breaking sale this past weekend May 11-12, 2019 at the Hôtel La Réserve in Geneva, Switzerland, Phillips Watches, the leader in watch auctions achieved $25,800,625 USD after selling 98% of the 220 lots offered at auction. Just as usual, new records were set for Patek Philippe, Rolex, and independent brands like George Daniels. Even though most of the lots were very important from a horological standpoint, there five to six watches that broke records and that are considered highly important due to their rarity and history in the world of horology.