This is 5 times higher than the average dealer price for this model (Rolex GMT-Master II Ref. 116758SANR).
Wind Vintage, a company specializing in collectible vintage watches, put up for sale a Rolex owned by Canadian rapper Drake. Despite the high price of $500,000, the company immediately received 4 purchase offers, and the watch was sold at the stated price. According to EveryWatch platform data, this is 5 times higher than the average dealer price for the Rolex GMT-Master II Ref. 116758SANR model in question.
This watch was featured in the music video for the song Marvin’s Room. The song is part of the 2011 album Take Care, which Rolling Stone magazine included in the top 100 best albums of all time. On the back of the watch is an engraving of an owl, which Drake chose as the logo for his own lifestyle brand OVO.
An important factor in the high price was that the watch had not been polished, and it came with its original box and a full set of documents.