International auction house Phillips is set to auction off the legendary “Bao Dai” Rolex, also known as Rolex Reference 6062 and previously owned by Bảo Đại, the final emperor of Vietnam.
According to the auction house, it’s one of the “most valuable and desirable Rolexes”, and is expected to sell for more than $1.5 million.
It’s said to be the “most complicated and iconic Oyster-cased model” ever made by Rolex. It also boasts a triple calendar with moonphase in yellow gold, and is one of just three black dial models known to exist with diamond markers. It’s the only one to feature diamond markers at the even hours.
According to family legend, Dai purchased the watch in Geneva in 1954, while attending a conference seeking peace in Indochina.
It was last auctioned off in 2002, and at the time was the most expensive Rolex ever sold at auction. Since then, it has remained in a private collector’s hands.
The “Bao Dai” Rolex will be on display in Hong Kong from April 1 – 4, London from April 8 – 11, New York from April 21 – 24, and in Geneva beginning May 11.