Hi Chris,
I guess you are referring to the watches that are presented in lots 72-74 of the Rolex antiquorum auction. Although actually scarce, these watches are 'massively' produced much cheaper model Iraqi Rolex watches (NOT Saudi Arabia-related, as mentioned in the auction) for regular Iraqi army officers.
Nothing comparable to the unique Rolex watch ordered to (and produced by) Rolex for special presentation to a high-ranking Admiral. The value of the later is currently estimated to be at least in the 200-300 k$ range...and even higher !
Hope this helps.
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