Thursday, 17 May 2018

Elvis's Diamond Omega watch fetches $1.8m

A 1960 Omega watch that belonged to Elvis Presley sold for $1.8 million at an auction by Phillips, setting a record price for the Swiss watch brand. The 18-carat white-gold wristwatch sold for 18 times the high estimate. RCA Records gave Presley the watch as a commemoration for selling 75 million records.

In October, Phillips set the record for the most expensive wristwatch ever auctioned with the $17.8 million sale of a Rolex that once belonged to actor Paul Newman.