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Auctions A Unique Platinum Rolex Yacht-Master Is Coming Up For Sale. How High Could It Go?

Commissioned by the former rolex ceo for himself to commemorate rolex's 10 millionth chronometer, it's the most yacht-master of yacht-masters..

Rolex doesn't really make unique watches – at least, not that we hear about. That's what makes this platinum Yacht-Master, to be auctioned at Monaco Legend on April 22, so exceptional. It's a one-off prototype Yacht-Master commissioned by former Rolex CEO Patrick Heiniger in 1992, who had taken over as the CEO from his father, André, that same year.

Heiniger ordered the watch to celebrate the production of Rolex's 10 millionth chronometer-certified movement, as shown by the "Dix Millionieme Chronometre" on the dial. In addition to the platinum case, bracelet, and flip-lock clasp, the unique grey dial is set with blue sapphires and diamonds. The whole package is wonderful and opulent and gaudy in the best way possible. Rolex introduced the Yacht-Master line in 1992 as a kind of luxe alternative to the Submariner – the Sub was for divers in the ocean, the Yacht-Master for those cruising topside – and this prototype is the most Yacht-Master of Yacht-Masters.

The unique platinum Yacht-Master on Mark's wrist

For about as long as it's been around, Rolex has made accuracy and producing chronometers core to its identity and its omnipresent marketing. It's even given other landmark chronometers (the 50,000th or 100,000th, for example) to historical figures like Churchill and Eisenhower. But for number 10 million, it went all out with a platinum Yacht-Master.

In other words, when Rolex wanted to celebrate the most Rolex of anniversaries, this is how it did so. And it celebrated in the most Rolex of ways: the watch wasn't intended for the public, only Heiniger himself. By the way, it was an achievement worth celebrating – as our old friend Joe Thompson reported way back in 2010, Rolex made another seven million chronometers from 2000 through 2010, blowing by its next closest competitor, Omega, which produced 2.3 million during the same period.

According to Davide Parmegiani of Monaco Legend Group, on the day Heiniger introduced the new yellow-gold Yacht-Master in 1992, he had this platinum prototype on his wrist. Heiniger was CEO until 2008, and the Yacht-Master would be the only new model line he introduced during his tenure. Heiniger was just the third person to hold the top job at Rolex, after his father, who had run Rolex South America, took over the CEO position when Hans Wilsdorf died in 1960 (the job was left open for two years after Wilsdorf's death).

Monaco Legend Group has placed the estimate at €1 million to ⁠€2 million (about $1.1 to $2.2 million), and has even guaranteed the low estimate to the consignor, said to be a descendant of the Heiniger family.

This isn't the first platinum Rolex with Heiniger provenance we've seen over the past few years, and those previous watches have already brought in records, setting the mark for what a modern Rolex can achieve at auction.

In the late '90s, Heiniger also commissioned a series of platinum Daytonas – it's thought four were made, and that Heiniger kept one for himself. We've seen three sell at auction over the past five years, all with the reference number 16516 and each with a unique dial. In 2018, we saw the first appear: a platinum Daytona with a black mother-of-pearl dial. It sold for about $872,000 at Sotheby's . Then, in 2020, a 16516 with a lapis lazuli dial sold for $3.27 million . It set a record not just for an automatic Daytona, but any modern Rolex at auction. It was followed closely by the third example, a turquoise "Stella" 16516 that sold for $3.14 million in 2021 .

Unique platinum Daytonas, also commissioned by Heiniger – both sold for more than $3 million at Sotheby's over the past three years.

But this Yacht-Master is something different and completely unique. It also comes on a full platinum bracelet. And while at least a few of those Daytonas were gifts, the Yacht-Master was commissioned by Heiniger, for Heiniger.

"It's truly a prototype," said Justin Gruenberg of Loupe This and The Keystone. "Unlike those Daytonas, it wasn't serially produced, and has no serial or model number on it." As Parmegiani explained to us, it'd be years before Rolex made a platinum professional watch in series – the platinum Daytona only entered the catalog in 2013. 

While the Daytona has a lore all its own, the Yacht-Master isn't exactly considered "collectible" by modern standards – not yet, at least. You either love it or hate it. And especially among vintage collectors, more hate than love the Yacht-Master. 

"Like other relatively unpopular models – the original Explorer II 1655, the Milgauss – as style evolves, at a certain point there could be more of an appreciation for the Yacht-Master than there is today," Gruenberg said.

Meanwhile, some have already come around on the Yacht-Master, and this one in particular.

"It exemplifies today's trend of 'quiet luxury,'" dealer Zoe Abelson said, "with such a classic sporty design in a full platinum case and a silver dial that makes the diamonds somehow look subtle." While the platinum Yacht-Master might be the pinnacle of modern Rolex, it doesn't exactly scream so, even with its diamond and sapphire indices. Sure, it's a lot, but relatively subtle, as much as sapphires and diamonds on a platinum Rolex can ever really be subtle.

Most I talked to seemed to agree that despite (or perhaps, because of ) its love-it-or-hate-it aesthetic, the Yacht-Master should surpass the record for a modern Rolex set by that lapis lazuli Daytona ($3.27 million). As the 1990s edge farther into the rearview and attain the status of vintage, or at least "neo-vintage," we're starting to see collectors take more interest in this era of Rolex and figuring out the most collectible watches from the period. As far as rarity, none can match a unique Yacht-Master, even if the model itself is still a bit of an odd duck.

No, it's not Paul Newman's Paul Newman , the Bao Dai , or even Marlon Brando's GMT-Master , and it might not bring in bidders from outside watches – it's a Rolex celebrating Rolex . Parmegiani even admitted to us that, if a larger auction had been able to take this Yacht-Master on an international roadshow to tell its story, it might achieve a bigger result. Still, he's confident that smart collectors are paying attention and will understand the value of a truly one-of-one Yacht-Master. 

That's because, while a four-digit vintage Rolex might capture the heart (or at least, my heart) in a way a 1992 Yacht-Master never could, this platinum Yacht-Master is perhaps the first opportunity bidders have ever had to buy a guaranteed unique Rolex, and one with all kinds of historical importance to the brand. That's worth a lot, and by the time auction day rolls around, could make for a record-setting result.

As Rolex gets bigger and continues to command more of the watch world's attention, the myth around the brand also grows. And with that, watches like this become more interesting. Watches that are important if for no other reason than Rolex made them to be important, even if it never exactly intended for the public to see them.

Update: this Yacht-Master sold for $2.57 million (including buyer's premium) at Monaco Legend on April 22.

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The Rarest Rolex Yacht-Master Ever Made Just Sold For $4 Million

Yacht rock.

Image: Monaco Legend Group

When it comes to the world’s biggest watch auctions, Rolex is a brand that’s always very well represented, with rare and vintage pieces from the brand regularly selling for big bucks. But a luxe take on an otherwise somewhat overlooked Rolex watch (at least from an auction result perspective) has just sold for a particularly hefty sum…

First introduced in 1992, the Rolex Yacht-Master is a bit of an unusual beast. It’s very similar to the Submariner, arguably Rolex’s most iconic watch, yet it isn’t quite as water-resistant (only rated to 100m compared to the Sub’s 300m) and features a more tactile, distinct bezel. Essentially, it’s a luxury Submariner, meant more for above-water adventures than properly aquatic ones.

Perhaps it’s because of its relatively short history, but the Yacht-Master has never been an auction darling – at least compared to models like the Daytona or GMT-Master. However, one Yacht-Master has made a big splash at Monaco Legend Auctions’ Exclusive Timepieces auction over the weekend.

The watch in question? A fully platinum piece unique ref. 16620PT once owned by the former CEO of Rolex, Patrick Heiniger, which sold for a whopping 2.625 million USD (~3.928 million AUD).

WATCH our guide to the top 5 most expensive Rolex watches ever sold at auction below.

Some more details about the one-off watch: as mentioned above, it features a platinum case, bezel and bracelet. If that wasn’t luxurious enough, it also features diamond and sapphire indices. Very bougie.

But what’s really cool about it is that it’s got a unique dial colour – a very light grey – as well as the text “Dix Millionième Chronometre” in place of the model name and chronometer certification. It also reportedly has a specially-engraved automatic rotor.

RELATED : Rolex Drop ‘John Player Special’ GMT Master-II & Titanium Yacht-Master

As you may have guessed, the model was produced for Patrick Heiniger to commemorate Rolex producing 10 million chronometers – an outstanding achievement for the brand. The Yacht-Master was also the only new Rolex model introduced during Heiniger’s tenure (indeed, it was released the same year he took the reigns of the legendary Swiss brand), so the model had a particular significance to him.

In short: it’s the rarest Yacht-Master ever made, and now it’s officially the most expensive, too.

This Yacht-Master isn’t the only piece unique Rolex produced in the 90s. Heiniger also had a few platinum Daytonas with precious stone dials made, which he gave to friends and associates.

One of those, the Rolex Daytona Lapis Lazuli Platinum ref. 16516, sold for 3.27 million USD (~4.89 million AUD) back in 2020, making it the most expensive platinum Rolex ever sold.

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THE ONE AND ONLY ROLEX YACHT-MASTER IN PLATINUM (SOLD FOR 2.625MILLION USD)

The unique piece Rolex Yacht-Master at the Exclusive Timepieces auction by Monaco Legend Auctions, ref. 16620PT is the only platinum Yacht-Master which was once owned by the former CEO of Rolex, Patrick Heiniger sold for a jaw-dropping 2.625 million USD!

This extraordinary model was produced to commemorate Rolex’s impressive achievement of producing 10 million chronometers.

What sets this Rolex Yacht-Master apart from the rest is that the watch is made entirely in platinum and features the Yacht-Master reference in the case back. The watch is fitted with a platinum Oyster bracelet, complete with a flip lock, which is also unique. The dial features diamond hour markers with baguette-cut sapphires at “6” and “9” and a triangular-cut sapphire at “12”. Similar in some ways to the known Serti dials, this unique silver dial has a one-of-a-kind colour and finish and is signed “DIX MILLIONIEME CHRONOMETRE”.

So it’s no surprise that this unique timepiece has become the most expensive Yacht-Master ever sold. It’s a true testament to the craftsmanship and legacy of the Rolex brand, and a dazzling addition to any collector’s repertoire.

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The Rolex Yachtmaster: history, models, price

Table of Contents

(NEWS) The Monaco Legend Group will auction a one-of-a-kind Rolex Yacht-Master

The rolex yacht-master dix millionieme chronometre.

The Yacht-Master auctioned on April 22 and 23 in Monaco is one of the most attractive one-of-a-kind contemporary Rolex watches and popped up in the early nineties to celebrate the ten-millionth Rolex watch equipped featuring the Chronometer Certificate.

Interestingly, it is not a Daytona, a Submariner or a Day-Date but a Rolex Yacht-Master, thus adding additional flavour to our guide as no other model could ever do. May we call it the Rolex Yacht-Master Heiniger ? Yes, we might, but we need to move forward and provide further details.

The Heiniger family and Rolex

The model pictured here was manufactured under the Heiniger family’s leadership at Rolex; they managed the brand since Andre Heiniger was appointed President of Rolex in 1964 through his son Patrick’s appointment in 1992.

This one-off platinum Yacht-Master is a prototype conceived to celebrate such a milestone and holds all the features found on first-class super-exclusive Rolex timepieces, and adopts baguette-cut sapphires and diamonds replacing the stock indexes plus the “DIX MILLIONIEME CHRONOMETRE” print on the dial, and the calibre 3135’s oscillating mass.

The Heiniger family had, no doubt, a soft spot for platinum watches ; three unique platinum Daytona also appeared under their management and, according to industry’s rumours, the Daytona 116598 SACO, better known as the Leopard, was among their projects inspired, it seems, by Nina Stevens, Patrick Heiniger’s girlfriend back then.

However, the Rolex Yacht-Master Heiniger is not a unicorn adorning a watch museum ; it will soon go under the hammer thanks to the Monaco Legends Group, the auction house co-managed by vintage watchmaking guru Davide Parmegiani, the 22 and 23 April.

Given the relevance of the timepiece and its exclusivity, we expect fierce competition among collectors to make this piece theirs. What is the auction’s base price? The current estimation is between one and two million euros , quite a hefty price gap but something hard to predict for any watch expert.

The origins of the Rolex Yachtmaster

When did the Rolex Yachtmaster first appear? It’s hard to define. The name “Yacht Master” was filed for patent by Rolex in 1950 and, according to rumours and several non-confirmed historical sources, marked the brand’s willingness to introduce a new collection atop the top-selling and sporty Submariner; yet, it’s hard to describe the time lapse between patent and the first official commercial release. When we look at the current collection, we can also find inspiration in the most challenging endeavours across the oceans, up to professional yacht racing.

For instance, the former includes the expeditions set out by Sir Robin Knox-Johnston . He completed the first-ever solo circumnavigation of the globe, the Sunday Times Golden Globe Race of 1969, but we can’t forget what Sir Francis Chichester achieved, too; he circumnavigated the world from West to East in nine months and one day between 1966 and 1977 aboard the never-forgotten Gipsy Moth IV.

During his expedition, Chichester wore a Rolex Oyster Perpetual Chronometer, laying the foundations for what a Rolex watch represents when tested under extreme weather conditions on land, sea and air.

The first Yachtmaster

The first Rolex Yachtmaster dates back to 1992 ; it was marketed as reference 16628 and is the second most recent new Rolex watch after the more contemporary Rolex Sky-Dweller.

The collection’s timeline has undergone a bizarre evolution compared to similar Rolex watch collections.

Showcasing an 18-carat yellow gold case and bracelet paired with an unusual white dial , it housed the movement 3135 and is undeniably an evolution of the design codes seen on a Submariner, despite the journey to the first edition being unexpected and with plenty of testing prototypes.

Was the Yachtmaster pictured above the first attempt ever? It was from a commercial standpoint, not from a product perspective instead. The Yachtmaster moniker first surfaced between 1967 and 1969 when Rolex released a couple of prototypes based on the Daytona , whose case diameter had grown to 39.5 mm. The timepieces mentioned above belong to Italian collector John Goldberger and artist Eric Clapton.

The Rolex Yacht-Master 40 and 37 mm

Here is the Yacht Master’s “bread and butter”, undergoing several evolutions to end up with the model pictured here, as an example, in its gold and steel livery. With Jean-Frèdèric Dufour appointed CEO, Rolex has revisited the entire offering, which includes 40 and 37-mm large models, but has never hit the spot as the most wanted Professional Rolex among enthusiasts. The Daytona , Submariner, or GMT Master 2 are far more sought-after than any Yachtmaster, although the appreciation has steadily grown year after year .

Instead, the Yachtmaster’s technical development began with the 2007 Rolex Yacht-Master 2 116680 , whose sailing-professionals-oriented complication proves, alongside a Rolex Sky-Dweller, how much Rolex technicians are up to the task when asked to design a mechanically complicated watch.

Rolesor and Rolesium.

The current Yachtmaster collection with bracelets includes a completely revised range, comprising seven models : four 40 mm and three 37 mm models. They are available exclusively in steel and gold or platinum; some come in Rolesium (steel and platinum), others in Rolesor (steel and gold) such as, for instance, the Rolex Yachtmaster 40mm model in steel and Everose gold pictured here, also available with a black dial and as a 37mm size.

Let’s look closer at the Rolex Yacht-Master 40 in Steel and Everose Gold : it combines 904L steel and Everose pink gold, the Rolex-patented pink gold alloy adopting a specific silver and copper percentage to create an alloy capable of offering above-the-average shine, and wear resistance over time.

The Yachtmaster’s bezel

What makes the Yacht-Master unique is the bezel’s design in finish and functionality; it houses mirror-polished raised indexes and numerals on a sandblasted base and comes as a one-piece of gold or platinum. The polished to brushed finish appears on the Oyster bracelet and case sides, lugs included.

The Yachtmaster is widely considered a more luxurious take on the Submariner and a transition model between a sporty and classic Rolex watch with a gold case, as proved by the slightly curved lugs and the case side, making the Yachtmaster closer to four and five-digit Submariners as less professional than other timepieces belonging to the same product category, as exemplified by the specs sheet. The bezel is graduated but is bidirectional and water-resistant up to 100 metres .

Comparing current and first-ever Yachtmaster like the Rolex 69623 or 169622, for instance, lies in the options available: you’ll find the blue dial exclusively available on Rolesium models, while the Rolesor offers a chocolate brown or black dial , lovingly contrasting the case and bracelet’s tones, in our opinion.

The calibre 3235

Since 2019, the Rolex Yachtmaster has housed the latest-gen Rolex calibre 3235. Therefore, all models can run for at least 70 hours when fully wound.

The watch is certified as a Superlative Chronometer according to Rolex standards.

The calibre 2236

Instead, the 37 mm model adopts the smaller movement 2236, whose technical specifications differ slightly .

The main difference is that the Siloxy hairspring with a flat terminal curve , introduced by Rolex in 2014, replaced the Parachrom Blue one.

The Rolex Yachtmaster Oysterflex

At Baselworld 2015, Rolex released the first Yachtmaster with an Oysterflex bracelet , the brand’s patented rubber strap equipped with an inner nickel and titanium alloy, exclusively offered with a 40mm or 37mm gold case. Looking back at the first-ever YM, the Yachtmaster Oysterflex is perhaps the perfect successor to the 1992 Yacht Master.

The first release appeared in Everose rose gold. Such a new generation best embodies the collection’s spirit ; it belongs to the Professional line of watches but is more luxurious, and gold highlights the Yacht Master’s “carrure”.

The new Yachtmaster Oysterflex also introduced the first-ever matte ceramic bezel ; it mimics a Rolesor or Rolesium’s, but the inlay is a single piece of matt black ceramic.

As with the two-tone models, the 40 and 37-mm case options adopt the 3235 and 2236 , respectively. The new model had a stunning success, and Rolex soon expanded the product range by offering a more generous 42 mm case size (however, the 40 mm model is unparalleled, in our opinion).

The 42mm collection is available in yellow or white gold , while the 40mm and 37mm models only come with an Everose rose gold case. We think Rolex will soon extend the Oysterflex collection by adopting new case materials.

In 2020, Ineos Britannia’s skipper Ben Ainslie was spotted wearing a titanium Yachtmaster 42 during a training session. After the Rolex Deepsea Challenge Titanium RLX ‘s unveil, this proto will likely make it to reality anytime soon.

Before moving to the next chapter, remember that we discovered an odd model while surfing the Rolex official website: Rolex Yachtmaster 42 Hawkeye or Yachtmaster Falcon’s Eye , pictured above.

The Rolex Yachtmaster 2

Rolex is a manufacturer whose capabilities include rather mechanically-complicated watches ; it is something most people are unaware of. In the same price range as a Daytona, for example, you can opt for at least two complicated models: one is the regatta-ready Yachtmaster 2.

If an ordinary Yachtmaster is not as “professional” as its siblings, the Yachtmaster 2 is a full-fledged tool watch for professional skippers.

The complicated Rolex: from the Sky-Dweller to the Yacht-Master 2

The Rolex Yachtmaster 2 is bold and hefty; it’s a regatta timer and something you will, on paper, disregard when compared to a Rolex Sky-Dweller. The Rolex Yachtmaster 2 was conceived to provide professional skippers with a wrist instrument capable of accurately measuring the countdown to start a regatta.

The link between Rolex and yachting is long-established: the brand has associated its image with several sailing competitions like the Farr 40 or the Sidney–Hobart ever since. Pictured below is a map of the current partnerships.

The 5 to 10 minutes preceding the start of a regatta are paramount to any skipper and their crew; last-minute performance before the start is triggered can separate victory from defeat.

Most Regatta watches do not offer a dedicated function but make the most of ordinary chronograph functions. In contrast, the Rolex Yachtmaster II has a dedicated counter on the dial, coaxial to the bezel, equipped with a graduated scale from 0 to 10 minutes and an easy-to-read arrow hand.

The Countdown function: how to activate it.

The timer setting is straightforward and achieved by combining the bezel, crown and button at 4 o’clock in this sequence. The first operation is to rotate the bezel counter-clockwise to activate the small countdown counter adjustment system.

The bezel will automatically lock after a 90° rotation or when the “Yacht-Master II” writing appears on the right-hand side of the watch (the rotation axis of the crown ideally cuts the wording in two halves). Subsequently, please push the button located at 4 o’clock. Unscrew the crown until it locks in position 1 ; from that moment on, you can control the adjustment of the (jumping) 10-minute scale in one-minute intervals by rotating the crown clockwise.

After stopping the minute counter on the desired value, you need to rotate the bezel clockwise until it clicks into the position where the “Yacht-Master II” writing is again aligned at the bottom (-90 °, back to the original place).

At the end of this rotation, the two-minute scales, located on the bezel and the dial, respectively, will be fully aligned. By screwing back in the winding crown, you can restart the countdown (using the button at 2 o’clock); the red hand in the middle will start running, and the minutes’ countdown will begin .

During the countdown, you can stop the hand can by using the button at 2 o’clock or re-set the complete countdown with the button at 4 o’clock (Flyback). The countdown will start from the original position in the second case scenario. When the countdown has finished, the minute’s hand will also stop, while the second’s hand will continue to run indefinitely. The Rolex Yachtmaster II is a chronograph with a Flyback function .

The 2017 Rolex Yachtmaster II 116680 reference has replaced the previous reference by introducing a series of updates ; the new version is now equipped with Mercedes-styled hands, thus aligning itself with the family feeling of the other Oyster Perpetual divers, like the Submariner. Moreover, new applied indices located at 12 and 6′ clock have been launched (arrow-shaped and rectangular-shaped, respectively).

Ring Command and calibre 4161

The Ring Command bezel is integrated with the calibre and is an active part of the user experience. The level of complication and perfection this mechanism requires (firm clicks and no play) is more challenging than any other Rolex timepiece, making this watch extremely attractive.

At the same time, as per the usual Rolex tradition, the complication is concealed through a simplified aesthetic , although the dial is still more complex and crowded than those standards that Rolex has made us accustomed to, and this is one of the reasons why a Rolex Yachtmaster II is rarely a first choice when it comes to selecting a timepiece.

Rolex Yachtmaster Prices

The price list starts with the Yacht-Master 37 mm at 14,450 Euros and grows to the 43,800 Euros needed for a Yacht-Master 2 model in yellow gold . For instance, a more exclusive price list is requested, as with the reference 126655. The listed price range here is updated to February 2023; if you’re looking for a more comprehensive overview, please head to our dedicated article; there, you’ll find a price list and evolution since 2021 regarding the most coveted professional Rolex watches.

(Photo credit: Horbiter®)

Editorial team @Horbiter®

Giovanni Di Biase

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A Unique Platinum Rolex Owned By The CEO Of Rolex Sells For $3 Million

Update [24/4/23]: In what was one of the most hotly anticipated watch auctions of the year so far, the team at Monaco Legend Auctions put on one of its most successful sales ever, with a catalogue that featured one of the most unique modern Rolex watches in existence. Over two days of bidding, the biggest collectors and dealers in the world gathered at the Le Meridien Beach Plaza, Monaco, to bid on the 261 lots, but the star of the show was the Platinum Rolex Yacht-Master once owned by the CEO of Rolex, hammering for €1.82 million (AU$2.98 million).

It’s a strong result for such an important watch, with unique or custom Rolex watches all but disappearing from production over the last few decades as the brand tightened up its processes around special orders for its best clients. However, this specific timepiece was produced as a prototype at the request of the brand’s CEO to commemorate the 10 millionth chronometer-rated movement to leave the Rolex factory.

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Original Article: In the world of rare Rolex collecting, it truly doesn’t get much better than this. Arriving at auction with the Monaco Legends Group is this absolutely wild platinum and gem set Rolex Yacht-Master, which isn’t just a unique piece but was also once worn by the late Rolex CEO Patrick Heiniger.

This role saw the Heiniger family move to Switzerland where Patrick went to law school in Geneva, working as an intellectual property lawyer in New York before returning to Switzerland and following in his father’s footsteps when he took on the job of Director of Marketing for Rolex. It wasn’t long before he was offered the position of CEO that he filled from 1992 until 2008, seeing the Heiniger family lead the Rolex brand for more than half a century and steer it into the market-leading position it enjoys today.

RELATED: Rolex Just Dropped A Yacht-Master 42 In RLX Titanium

Sporty and luxurious in equal measure, this 40mm platinum timepiece is powered by the same calibre 3135 that was present in the Submariner at the time and features a custom engraved winding rotor that is also made from platinum. On the special shade of grey dial, the cardinal points are indicated by sapphires (apart from at the 3 o’clock date window) while the other eight hour markers feature diamonds set into them.

Truly one of the most unique and important Rolex watches ever made, the Monaco Legends Group offers this platinum Rolex Yacht-Master owned by the brand’s late CEO with a pre-sale estimate of €1 million – ⁠€2 million (AU$1.6 million – AU$3.2 million), but I’d be very surprised if it didn’t well-exceed its upper estimate by a significant sum. It’s set to go under the hammer at the auction house’s Exclusive Timepieces sale on the 22nd and 23rd of April, located at the Le Meridien Beach Plaza, Monaco.

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The One and Only Rolex Yacht-Master in Platinum

Monaco Legend Group is excited to offer a unique and very special Rolex Yacht-Master that has been consigned for the April sale. The watch is made entirely in platinum and is a prototype ordered by the Heiniger family. Andre Heiniger became the president of Rolex in 1964 and was succeeded by Patrick Heiniger, who took over from his father, in 1992. The Heiniger father and son duo led the brand through some of its most important moments and are credited with establishing the brand as the ultimate luxury business; a legacy of their personal and professional relationship.

The Heiniger family was known to have created some very interesting and unique watches that are now highly prized by collectors, such as the trio of platinum Daytonas with unique stone dials with special reference 16 516. It is also believed that the Daytona reference 116 598 SACO, known as the Leopard, was inspired by Patrick Heiniger’s then-girlfriend Nina Stevens. Today Monaco Legend Group presents another special piece created by the Heinigers, a one and only platinum watch, made to commemorate the ten-millionth chronometer movement – a piece unique Yacht-Master.  The watch is made entirely in platinum and features the Yacht-Master reference in the case back. Furthermore, the watch is fitted with a platinum Oyster bracelet, complete with flip lock, which is also unique. The dial features diamond hour markers with baguette-cut sapphires at six and nine and a triangular-cut sapphire 12. Similar in some ways to the known Serti dials, this unique silver dial has a one of a kind colour and finish and is signed “DIX MILLIONIEME CHRONOMETRE”.

Rolex has been known for almost a century as making chronometer movement driven watches available in its wristwatches. When it completed its 10th million, a special occasion by any standards, the moment was marked by the creation of a specially engraved rotor. This movement was then placed in the present platinum Yacht-Master and remained with the family until today and marks a very important moment in time for Rolex. Now this watch will be auctioned in Monaco in April 2023.  Monaco Legend Group Co-Chairman, Davide Parmegiani, could not be more thrilled to have such a piece to offer in the spring sale:

“Rolex spent the last 80 years marketing the importance of their movements and the fact that they are officially chronometer certified. Since the mid-1950s Rolex was pointing out that they were the leading brand making chronometers. So, we can truly understand how important it is that we have the 10 millionth officially certified chronometer in a prototype watch. Moreover, the watch is made of the rarest of metals with an incredible unique dial and it comes with outstanding provenance directly from the family that marked the history of the Rolex company. Compare this to the $17 million paid for the Paul Newman, which was solely for the provenance that it was Mr. Newman’s watch; this is a Rolex made by the chairmen of the company for their family and a unique piece that was never offered for sale. For me this is something really incredible!”

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Why this Rolex Yacht-Master is worth a closer look

By Simon de Burton

Of all the new launches at the annual Baselworld watch show, it's those from Rolex that are among the most eagerly anticipated - and this year, the Rolex model causing some of the loudest murmurs around the exhibition hall was a new, 42mm white gold Yacht-Master .

And, with the spotlight temporarily on the sea-faring strand of Rolex's universe, it's probably a good time to keep a weather eye on the auction houses for what might just be one of the most under-rated of its sports models - the Yacht-Master Reference 16622 Rolesium.

The mighty Crown registered the 'Yacht-Master' trademark way back in the Sixties while experimenting with a new chronograph model similar to the Cosmograph but with a larger, 40mm case. That watch was never put into production and the Yacht-Master name remained dormant until 1992, when the first production model - a simple, time-only effort - was released in yellow gold and bi-metal.

Deesigned to appeal to yachties, the watch was initially intended as a more luxurious version of the celebrated Submariner dive watch. However, it proved to be considerably less successful than its inspiration, despite the introduction of various mid-sized and women's models.

In 1999, however, Rolex unveiled the superb 'Rolesium' Reference 16622 which combined a steel case with a distinctive platinum bezel and a solid platinum dial that came alive with an almost frosted quality when caught by the light.

Nevertheless, the watch didn't achieve anything like the success of more celebrated sports models (the aforementioned Submariner, the Sea Dweller and the Cosmograph ) and was gradually phased-out with the launch at Baselworld 2012 of a new steel Yacht-Master with a blue 'sunray' dial.

But the Rolesium 16622 remains truly special, both because of its subtle use of platinum and the fact that it is relatively rare. Examples do appear at auction, often sporting knocks and scrapes caused by a life spent on deck as much-loved tool watches.

With patina becoming increasingly acceptable (and often sought-after), such wear and tear shouldn't prevent you from buying - assuming the mechanical integrity of the watch isn't compromised. What is important, however, is to look for a Yacht-Master with box, papers, original bracelet and so on.

A couple of years ago, a £4,000 bid would probably have been sufficient to secure a good one at auction. Now you'll need nearer £6,000 - but rest assured that Yacht-Master 16622 values are far more likely to remain buoyant than to sink without trace.

Unlike Submariners and the like that crop-up in virtually every auction, however, you'll have to scour the sale catalogues to track one down. We recommend Maunder Watches , Fellows.co.uk and watchesofknightsbridge.com as the most likely sources.

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Rolex Yacht-Master 40 Oyster, 40 mm, Oystersteel and platinum M126622-0001

MODEL AVAILABILITY

All Rolex watches are assembled by hand with the utmost care to ensure exceptional quality. Such high standards naturally restrict Rolex production capacity and, at times, the demand for Rolex watches outpaces this capacity.

Therefore, the availability of certain models may be limited. New Rolex watches are exclusively sold by Official Rolex Jewelers, who receive regular deliveries and independently manage the allocation and sales of watches to customers.

Ben Bridge Jeweler is proud to be part of the worldwide network of Official Rolex Jewelers and can provide information on the availability of Rolex watches

Light and robust, the new Oyster Perpetual Yacht-Master 42 in RLX titanium is the ally of those seeking freedom of movement. Especially suited to the demands and pressures of competitive sailing, it puts watchmaking excellence at the service of sporting performance.   The Yacht-Master 42 is the second watch in RLX titanium released by Rolex after the Oyster Perpetual Deepsea Challenge, confirming that lightness is a quality to be taken seriously..

ROLEX YACHT-MASTER

MASTERING LIGHTNESS

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Yacht-Master

Stay the course, mapping invisible routes.

For those at sea, staying the course is a constant challenge. Defying the laws of logic, bearings can be lost suddenly in difficult conditions, thus requiring adaptability and the capacity to react quickly. Since 1992, the Yacht-Master – equipped with a bidirectional rotatable bezel – has become the established watch of masterful sailors who know how to react in order to keep their heading, in any situation.

Technical and elegant, the Yacht-Master is a reliable nautical instrument.

Bidirectional rotatable bezel

The Yacht-Master’s bidirectional rotatable 60-minute graduated bezel is made entirely from precious metal (gold or platinum) or fitted with a Cerachrom insert in high-technology ceramic. The raised polished numerals and graduations stand out clearly against a matt background. This functional bezel – which allows the wearer to calculate, for example, the sailing time between two buoys – is also a key component in the model’s distinctive visual identity.

Oysterflex bracelet

This technical bracelet, developed by Rolex and patented, singularly combines the robustness and reliability of a metal bracelet with the suppleness, comfort and aesthetics of an elastomer strap.

Yacht-Master 42

Oyster, 42 mm, yellow gold.

Ferretti Yachts and Riva to attend Moscow Boat Show 2013

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Written by Zuzana Bednarova

To be represented by Premium Yachts, Ferretti Yachts and Riva , two prestigious brands of the Ferretti Group, will be present at the Moscow International Boat Show 2013, displaying motor yacht Ferretti 530 as well as Riva Iseo yacht tender.

Luxury motor yacht Ferretti 530

Luxury yacht Ferretti 530 was very keen to undertake in collaboration once again with AYT – Advanced Yacht Technology, Ferretti Group Engineering Division and Studio Zuccon International Project . The compact dimensions, 16 meters long and almost 5 meters wide, allow the 530 yacht to deliver grand Italian luxury and cruising immersed in such comfort until now unheard of in a yacht of this size.

Ferretti 530 yacht boasts three revolutionary innovations: the full beam master cabin with chaise longue and two large open view windows that make it a real suite at sea level bathed in light, tones and the natural essences of teak. Moving the galley from the center to the aft section creates a unique open space that includes the saloon, galley, cocktail bar and the dining area, the cockpit area continues thanks to the tilting window. The roll bar free sky lounge and the spoiler allow the 530 a sporty appearance combined with elegantly formal lines.

Ferretti 530 Yacht - Interior

Riva , the iconic Ferretti Group brand, presented a new model at the historical Lake d’Iseo shipyards in July 2011. Featuring elegance and ease of transportation as its distinctive characteristics, Iseo superyacht tender , a 27 foot runabout, is destined to become a must-have for those who love cruising on both lakes and the sea, and, most importantly, design enthusiasts. It is also perfect for anyone wishing to enhance their yacht with an exclusive tender that will never go unnoticed.

Riva Iseo superyacht tender

Due to its ease of manoeuvrability and size, Iseo yacht tender is also ideal as a tender for large yachts. Innovative and elegant, it can also guarantee comfort in bad weather conditions. Besides the electrohydraulic bimini top, it was also designed with a waterproof, automobile-style soft top which protects those on board against water and the wind during cruising.

Please contact CharterWorld - the luxury yacht charter specialist - for more on superyacht news item "Ferretti Yachts and Riva to attend Moscow Boat Show 2013".

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• Mcconaghy 13
• Mediterranean 1
• Mengi Yay 8
• Menorquin 10
• Meridian 65
• Metal Shark 1
• Metalships 1
• Midnight Express 38
• MIDNIGHT EXPRESS POWERBOATS 4
• Midnight Lace 1
• Midship Marine 2
• Miller Marine 1
• MINNEFORD YACHT YARD 1
• Miss Tor Yacht 1
• Mochi Craft 7
• MONACHUS ISSA 1
• Mondo Marine 1
• Mondomarine 5
• MONK MCQUEEN 1
• Monte Carlo 32
• Monte Carlo Marine 1
• Monte Fino 2
• Monterey 56
• Monticello 1
• Morrelli & Melvin 1
• Motor Yacht 11
• Motorsailer 6
• Mv Marine 3
• Mystic Powerboats 5
• Nassima Yacht 1
• NAUMANN AND DUNBAR 1
• Nauta-Line 1
• Nauticstar 3
• Nautitech 24
• Nautor Swan 38
• Nautor's Swan 7
• Navigator 16
• Nelson Marek 1
• Neptunus 15
• NEW BUILD 1
• New Ocean 2
• New Zealand 2
• Nigel Irens 1
• Nishii Zosen-Sterling 1
• Nobiskrug 1
• Nor-tech 41
• Nord Star 4
• Nordhavn 11
• Nordic Tug 14
• NORIDA VAN DAM 1
• North American 2
• North Pacific 3
• North Wind 4
• Northcoast 1
• Northern Bay 4
• Northern Marine 1
• Nova Luxe 1
• NOVA MARINE 1
• Novamarine 7
• Novurania 3
• NOVURANIA OF AMERICA 1
• Numarine 31
• Nuova Jolly 4
• Ocean Alexander 79
• Ocean Craft Marine 1
• OCEAN EXPRESS CATAMARANS 1
• Ocean Master 6
• Ocean Sport 3
• Ocean Voyager 2
• Oceanfast 4
• Offshore 10
• Olivier Van Meer 2
• One Design 3
• Onslow Bay 2
• Out Island 2
• Outer Reef 8
• Outer Reef Trident 1
• Outerlimits 8
• Overmarine Group 11
• OY NAUTOR AB 1
• OYSTER MARINE LTD 1
• Pacemaker 1
• Pacific Allure 1
• Pacific Mariner 9
• Pacific Seacraft 7
• Pacific Trawler 1
• Packet Craft 1
• Palm Beach Motor 8
• Palmer Johnson 14
• Panamera Yacht 3
• Parker Poland 1
• Pathfinder 2
• Paul Luke 1
• Paul Mann 1
• Pedigree Cat 3
• Pendennis 4
• Performance 3
• Perini Navi 6
• Pershing 141
• Picchiotti 2
• Pluckebaum 1
• Poole Chaffee 1
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• Posillipo 11
• Powerplay Powerboats 1
• Powerquest 1
• Precision 1
• President 15
• Prestige 164
• PRIDE MEGA 1
• Primatist 2
• Princess 381
• PRINCESS VIKING 4
• Privateer 1
• Privilege 6
• Promarine 1
• Pronautica 2
• Protector 10
• Proteksan 1
• Proteksan-turquoise 1
• Prout International 1
• Pursuit 155
• Queenship 3
• Quicksilver 1
• RADEŽ D.D. 1
• Raffaelli 3
• Ranger Tugs 35
• Real Ships 2
• Regulator 82
• Reichel/pugh 2
• REINA BOATS 1
• RELEASE BOAT WORKS 1
• Release Boatworks 1
• RICKY SCARBOROUGH 1
• Riva Trigoso 1
• Riviera Cruiser 1
• Rizzardi 12
• Rmk Marine 1
• Robert Perry 1
• Robertson 1
• Rockharbour 1
• Rodriquez 3
• Rosetti Superyachts 1
• ROSSI NAVI 3
• Rossinavi 2
• Royal Cape Catamarans 1
• Royal Denship 2
• Royal Huisman 4
• Sabreline 1
• SACS MARINE 5
• Safe Boats 1
• Sailfish 43
• Salt Shaker 1
• Salthouse 1
• Sangermani 5
• Sanlorenzo 112
• Santa Cruz 5
• SAY CARBON 2
• Schaefer 16
• Schionning 1
• Sciallino 1
• Scopinich 1
• SCOUT BOATS 20
• SCULLEY BOAT BUILDERS 1
• Sea Blade 2
• Sea Force Ix 4
• Sea Hunt 21
• Sea Ranger 3
• Sea Ray 810
• Sea Sport 2
• Sea Water 3
• SEAHORSE MARINE 1
• Seahunter 30
• Seanfinity 12
• Seaworthy 1
• Sensation 1
• Sessa Marine 44
• SHAW BOAT BUILDERS 1
• Shearline 1
• Shearwater 4
• SHIPMAN SHIPYARD 3
• Siar Moschini 1
• Silver Ships 2
• Silvercraft 1
• Silverton 42
• SIRENA MARINE 2
• Skipper-BSK 16
• Skipperliner 3
• Skorgenes 1
• Smoky Mountain 4
• Snug Harbor 1
• SOLACE BOATS 1
• Solaris Power 16
• Southerly 3
• Southern Cross 1
• Southern Marine 2
• Southern Ocean 1
• Southern Wind 5
• SOUTHERN WIND SHIPYARDS 2
• Southport 25
• Sparkman & Stephens 8
• SPERTINI ALALUNGA 1
• Sportsman 15
• St Francis 1
• St. Francis 1
• Stabicraft 1
• Stancraft 1
• Stapleton 1
• Stardust Cruisers 4
• Statement 8
• STATEMENT MARINE 16
• Steiger Craft 5
• Streamline 14
• STREAMLINE BOATS 6
• Su Marine 2
• Sun Hing Shing 1
• Sunny Briggs 1
• Sunseeker 415
• Supercraft 1
• Superyacht 3
• Swiftships 5
• SWISS SUSTAINABLE 1
• Swordsman 2
• TA YANG YACHT BLDG. 1
• Tactical Custom 1
• Tahoe Pontoon 2
• Technohull 16
• TECHNOHULL RIB 5
• Technologie Marine 1
• Technomar 1
• Tecnomarine 1
• Tecnorib 13
• Terra Nauta 1
• Terranova 5
• THETIS WARE 1
• Thoroughbred 1
• Tiara Sport 17
• Tidewater 13
• TITAN MARINE 1
• Tollycraft 17
• TOMCAT BOATS 1
• Traditional 1
• TRANS WORLD 1
• Transpacific Marine 1
• TRANSPACIFIC MARINE CO LTD 1
• Transworld 2
• Trident Shipworks 1
• Trintella 2
• True North 17
• Tullio Abbate 2
• TURKISH GULET 1
• Twin Vee 10
• Two Oceans 3
• VALENA YACHTING 2
• Valentino 1
• Valhalla Boatworks 34
• VALLICELLI 1
• Van De Stadt 8
• Van Den Akker 2
• Van Der Heijden 3
• Van Der Valk 13
• Vanderbilt 1
• Vandutch 25
• Vanquish 20
• VAUDREY MILLER 1
• VECTORWORKS 1
• VENTURE BOAT 1
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• Versilcraft 6
• Vic Franck 1
• Viking Boats 1
• Viking Princess 10
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• Vincenzo Catarsi 1
• Vintage Classic 1
• Virgo Custom Made 1
• Vizianello 1
• WAJER WATERSPORTS 1
• Waterdream 1
• Waterline 2
• WEAVER BOATS 1
• Webbers Cove 2
• Weldcraft 1
• Wellcraft 31
• Wellington 1
• West Bay 14
• Westcoast 2
• Westport 26
• Whangarei Engineering 1
• White Shark 1
• Willard Marine 1
• William Fife 1
• William Garden 1
• WILLIAMS BOAT WORKS 1
• Williams Jet Tenders 1
• WINDY BOATS 1
• Winter Custom 4
• WITSEN & VIS 1
• WOODNUTT AND CO 1
• World Cat 33
• Wright Performance 1
• X-yachts 13
• Xcelerator Boatworks 1
• XL Marine 1
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• Yachting Developments 1
• YACHTING DEVELOPMENTS, NZ 1
• Yamaha Boats 2
• Yellowfin 78
• YOUNG BROTHERS 1
• Yuka Yacht 1
• Zar Formenti 2
• Zeelander 6
• ZIMMERMAN 1

NEW + USED YACHT SALES

Denison Yachting is a yacht brokerage firm specializing in yacht sales (as well as super yacht + charter sales) that has helped boat buyers find superyachts , motor yachts , catamarans , sailboats , and trawlers .

Prospective yacht owners interested in buying a new luxury yacht can search for yachts on the market worldwide by brand, make, type, length, price, location, year, and more. You can even search for yachts in Bitcoin, as we offer the option to purchase with Cryptocurrency. Our yacht selection includes megayachts of all sizes and from all over the world.

YACHT BROKERS WITH EXPERIENCE

Our team of licensed + bonded yacht brokers offer our clients three generations of yachting expertise. With over 100 brokers worldwide, their knowledge and experience in the yachting industry with both new and used yachts is one of the biggest factors in our success. With a large inventory of yachts for sale combined with our industry leading level of service & expertise, our brokers are guaranteed to find the perfect boat for your yachting needs, be it a luxury superyacht, a used catamaran, a large sailboat, or just about any yacht of your dreams.

328' Alarnia 2023

Fort lauderdale, fl, us, 308' azimut 2022, fremantle, wa, australia, $10,900,000, 262' benetti 2024 simon fraser, genova, italy, 262' isa 2025, ancona, it-an, italy, 262' oceanco 2019 y701, €79,750,000, 262' admiral 2024 galileo 80, carrara, italy, 257' abeking & rasmussen 2011 amaryllis, nassau, bahamas, €89,000,000, 255' custom 1962 hansa, karlskrona, sweden, 249' custom 1972 lady sarya, monaco, monaco, €12,000,000, 243' lurssen 2007 global, la ciotat, france, €79,000,000, 243' lurssen 2017 aurora, dubai, united arab emirates, €130,000,000, 240' delta marine 2006 laurel, west palm beach, fl, us, $69,500,000, 235' custom 1983 nansen explorer, kristiansund, norway, €15,900,000, 230' admiral 2024 galileo 70, 226' custom 2024, €70,000,000, 223' custom 2025, €95,000,000, 220' heesen 2023 yn20067, rotterdam, netherlands, €99,000,000, 213' admiral 2024 admiral 65m u force, 210' sirena 2017 my kokomo 64' 2017, ancona, italy, 210' custom 2011 running on waves, athens, greece, €17,500,000, 209' royal denship 2006 cupani, palma, balearic islands, spain, $29,950,000, 209' vsy 2020 atomic, phillipsburg, saint martin, $63,000,000, 207' delta 2025 project metaverse, seattle, wa, us, $95,000,000, 203' sarp yachts 2025 project nacre, antalya, turkey, €45,000,000, 203' crn 2020 my voice, €65,000,000, 202' amels 2003 calypso, la ciotat, france, €40,000,000, 201' custom 1973 voyager, la seyne-sur-mer, 83, france, 200' custom 2025, 198' alia yachts 2016 samurai, miami, fl, us, €44,000,000, 198' leapher 2025 horizon, tolkamer, netherlands, compare yachts.

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