Bao Dai Rolex

The legendary “Bao Dai” Rolex, previously owned by Vietnam’s final emperor Bảo Đại, sold for over $5 million over the weekend, making it the most expensive Rolex ever sold at auction.

The watch, also known as Rolex Reference 6062, was initially expected to sell for upwards of $1.5 million, but far surpassed the estimate, selling a whopping $5.06 million. The sale price surpasses the previous record of $2.4 million, set nearly a year ago by the Rolex 4113 Split Seconds Chronograph.

Said to be the “most complicated and iconic Oyster-cased model” ever made by Rolex, the “Bao Dai” Rolex features a triple calendar with moonphase in yellow gold. It’s also just one of just three black dial models with diamond markers; and is the only one to feature diamond markers at the even hours.

According to family legend, Dai purchased the watch in Geneva in 1954, when he attended a peace conference in Indochina.

The “Bao Dai” Rolex was last auctioned off in 2002. At the time, it was the most expensive Rolex ever sold at auction.