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Old 16 May 2023, 11:03 PM   #1
Brushed
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The $2.5 million Milgauss sells at auction

A 1958 Milgauss 6541 in top condition has sold at Phillips auctions for $2.5M

A similar version from 1958 sold at Christie’s in 2013 for 317,000 francs ($528,712). Another, sold by Phillips in 2022, fetched just over 300,000 francs.

https://hypebeast.com/2023/5/phillip...llion-usd-news
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Old 17 May 2023, 12:13 AM   #2
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doesn't make any sense
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Old 17 May 2023, 12:47 AM   #3
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doesn't make any sense
Why is that? I'm a Milgauss fan, and if I had the right level of disposable income, I would pay that price for that kind of specimen.

I suppose there are those of us who think the Milgauss is the coolest watch Rolex ever produced. I realize we are in a minority, but we exist!
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Old 17 May 2023, 01:35 AM   #4
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Media outlets are reporting this reference was purchased on behalf of Rolex for their archives.
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Old 17 May 2023, 01:59 AM   #5
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Perezcope made an issue about how the bezel set.
Pretty wild result, it takes at least two to tango, I wonder who was bidding against The Crown, if that is the case they were chasing one of their old gems.
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Old 17 May 2023, 02:23 AM   #6
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So 60 years is all it takes to become a Rolex millionaire ha
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Old 17 May 2023, 02:32 AM   #7
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Interesting. Anyone know what the bezel would've been used for in this configuration?
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Old 17 May 2023, 02:46 AM   #8
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Thank you
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Old 17 May 2023, 02:52 AM   #9
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Interesting. Anyone know what the bezel would've been used for in this configuration?
Just a simple timer, similar to Submariner, but with less focus on those 10 minutes...
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Old 17 May 2023, 03:05 AM   #10
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Woah, that's a lot of money I won't spend on a watch. I could have invested in several watches, I could even start a side watch business haha.
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Old 17 May 2023, 03:24 AM   #11
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Media outlets are reporting this reference was purchased on behalf of Rolex for their archives.
Archives? CPO program at $2.6 million! Gotta feed the CPO program somehow.
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Old 17 May 2023, 03:27 AM   #12
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This one was described as the best condition known example and that certainly influenced the sale price.
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Old 17 May 2023, 03:41 AM   #13
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That's a particularly beautiful watch!!! I don't understand why there would confusion.
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Old 17 May 2023, 03:45 AM   #14
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Quote:
Originally Posted by Brushed View Post
A 1958 Milgauss 6541 in top condition has sold at Phillips auctions for $2.5M

A similar version from 1958 sold at Christie’s in 2013 for 317,000 francs ($528,712). Another, sold by Phillips in 2022, fetched just over 300,000 francs.

https://hypebeast.com/2023/5/phillip...llion-usd-news
A relaunch of the Milgauss line should include some of those design cues, including dauphine hands.
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Old 17 May 2023, 04:48 AM   #15
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Quote:
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Why is that? I'm a Milgauss fan, and if I had the right level of disposable income, I would pay that price for that kind of specimen.

I suppose there are those of us who think the Milgauss is the coolest watch Rolex ever produced. I realize we are in a minority, but we exist!
Remarkably beautiful timepiece.
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Old 17 May 2023, 05:18 AM   #16
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doesn't make any sense
Beautiful watch. But I have to agree.
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Old 17 May 2023, 07:24 AM   #17
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Discontinued Rolex Sold for $2.5M - Purchased by Matchmaker

I just read an article on BusinessInsider about a vintage Rolex Milgauss that sold for $2.5 million.

It is nice to hear that the watchmaker was able to purchase it! That will make a good story when the watch is passed down from one generation to another.

It got me thinking about watch stories and how there are probably a lot of good ones from people in this forum. Does anyone wear a watch that they received from their father or grandfather?
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Old 17 May 2023, 07:49 AM   #18
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You always want what you can’t have - some US based bidder outdone by Rolex’s deep pockets.

That’s what made this one top $2MM


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Old 17 May 2023, 08:28 AM   #19
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Rolex had to keep the hype going somehow.
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Old 17 May 2023, 08:32 AM   #20
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Your title says "matchmaker" but assume you meant "Watchmaker"?

Its a bit puzzling that a Watchmaker would stump up $2.5m for this.

The more likely story is the watchmaker bought it on behalf of a wealthy person, who obviously wanted to remain anonymous.

To question, yes there are many here that wear / or at least keep their inherited piece. I say this because those who sell their inherited watches dont tend to stay on this forum....for long.
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Old 17 May 2023, 08:37 AM   #21
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By watchmaker, they meant the brand itself
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Old 17 May 2023, 08:44 AM   #22
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Timepiece Snob ?

Timepieces Nob ?

A confusing name for English correspondents !
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Old 17 May 2023, 09:21 AM   #23
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People have way too much money.
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Old 17 May 2023, 09:22 AM   #24
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I’ve always hoped Rolex would reissue a 6541 style with rotating bezel.


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Old 17 May 2023, 09:27 AM   #25
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That is a lot of money though
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Old 17 May 2023, 10:15 AM   #26
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Quote:
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Media outlets are reporting this reference was purchased on behalf of Rolex for their archives.

Doesn’t make sense for Rolex to pay that much for a watch that they can easily reproduce using original tools they surely kept somewhere in their archives/storage.


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Old 17 May 2023, 10:17 AM   #27
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It is nice to hear that the watchmaker was able to purchase it! That will make a good story when the watch is passed down from one generation to another.
By Watchmaker they mean Rolex bought it for their own museum collection. There’s no passing this watch down.
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Old 17 May 2023, 10:28 AM   #28
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Laundry done.
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Old 17 May 2023, 10:47 AM   #29
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Great
Investment.


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Old 17 May 2023, 12:24 PM   #30
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People have way too much money.
Rolex bought it. They have plenty of money.
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