Jack Nicklaus’ gold Rolex watch sold for $ 1 million at auction

Champion golfer Jack Nicklaus known as “The Golden Bear” wearing his Rolex Day-Date ref. 1803.

SOURCE: Companies Jim Mandeville Nicklaus

Golf legend Jack Nicklaus’ gold Rolex sold at auction Tuesday night for $ 1 million, which equates to $ 1.22 million with the buyer’s premium.

The Rolex Gold Bear, which he wore for over 50 years and for 12 of his majors, was sold Tuesday night at an auction hosted by Phillips in association with Bacs & Russo. The watch has achieved legendary status in the world of golf and watchmaking. It adorned Nicklaus’ wrist as he hoisted trophies, appearing in countless photos. It is widely regarded as one of the three most important watches in the history of sport.

Rolex gave Nicklaus the Rolex 1803 Day-Date in 18k gold as a gift in 1967. While sports stars and celebrities often auction watches, it is rare for a watch to be worn for this long – and for so long. the greatest moments of such a busy career. Gold Day-Dates from the same period, in similar condition, would typically sell for between $ 10,000 and $ 12,000.

Two vintage Rolex watches worn by Marlon Brando and Jack Nicklaus could break auction records in December.

Source: Phillips

Proceeds from the sale will go to the Nicklaus Children’s Health Care Foundation, which works with pediatric hospitals across the United States to fight childhood illnesses.

The most expensive watch ever to be auctioned is a one-off Patek-Philippe that sold at a charity auction for $ 31 million in November. Prior to that, the record holder was Paul Newman’s Rolex Daytona, which sold for $ 17.7 million in 2017.

Marlon Brando also sold Marlon Brando’s stainless steel Rolex GMT-Master, which he signed on the back and wore during the filming of Apocalypse Now.

Legendary golfer Jack Nicklaus after winning the 1978 British Open.

SOURCE: Nicklaus Enterprises

Floyd N. Morlan