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This Ultra-Rare Rolex Split-Seconds Just Sold for a Record $3.5 Million at Auction
One complicated Rolex broke a simple record over the weekend. The Split-Seconds in question (Ref. 4113) sold for €3.3 million ($3.5 million) at Monaco Legend Group’s auction on Saturday, setting a new record price for the model. Produced in 1942, the timepiece is believed to be one of only 12 such models made in the early 1940s. The watches were initially intended for aviation pilots but found a niche in the Italian automotive world, according to the auction house. They were never offered for sale commercially but were reportedly gifted exclusively to members of certain racing teams instead. As such, the dozen ... (full story)