Skip to main content
Go to accessibility notice

    Description

    Rolex, Very Rare Cellini Ref: 3612, Mexican 50 Peso Gold Coin, 1 of Only 10 Produced, Circa 1971
    Case: 38mm, gold Mexican 50 Peso coin, flip up case three body with snap on caseback
    Dial: gold, with Roman numeral and baton hour markers
    Movement: Rolex Cal. 650, manual wind, rhodium-plated, 18 jewels, straight-line lever, Adj. 5 positions.
    Band: Leather with Rolex singed buckle
    Signed: Rolex on case, dial, movement

    This timepiece is accompanied by its original presentation box

    Of the very few known limited editions, that Rolex has produced and authorized, this Cellini Ref: 3612 Mexican Peso coin watch is quite possibly the most elusive and desired for a broad range of different collectors. This timepiece, manufactured in 1971, was made to commemorate the 150th anniversary of the - the treaty that established Mexican independence from Spain. With only 10 examples produced, they very rarely come to market publicly. This example is elevated above others by not only its original presentation box, but also its original strap and Rolex signed buckle.

    The Mexican Gold 50 Peso is the largest of the Mexican Gold coins at 38mm, which gives this timepiece a strong wrist presence compared to other collectible coin watches. Mexico gained independence from Spain in 1821, and this Gold 50 Peso is often referred to as the "Centenario". Issued by the Mexican Mint, La Casa de Moneda de Mexico, between 1921 and 1931 and then again from 1943 to 1972, the majority of Mexican 50 Pesos minted were restrikes of the 1947 coin. The Mexican Mint was the first mint in the Americas, and has consistently represented Mesoamerican and Colonial history on their Gold coins. The 50 Peso design is the Gold Eagle perched on a cactus with the Mexican National Coat of Arms on the obverse side. The reverse, which is also the face side of this timepiece, has the classic Winged Victory, the "Angel of Independence" design, giving a dramatic aesthetic when worn on the wrist. This is arguably one of the most important examples of numismatic themed watchmaking to come to market.


    Condition Report*: Type: Rolex, Very Rare Cellini Ref: 3612, Mexican 50 Peso Gold Coin, 1 of Only 10 Produced, Circa 1971
    Signed: Rolex on case, dial, movement
    Model: Cellini Ref: 3612-Mexican 50 Pesos Coin
    Dial: gold, with Roman numeral and baton hour markers
    Hands: blued pointed baton
    Metal: 18k gold
    Case Info: three body, with snap on caseback
    Case Width: 38mm
    Case Thickness: 5mm
    Watch Movement: Rolex Cal. 650, manual wind, rhodium-plated, 18 jewels, straight-line lever, Adj 5 positions.
    Band: Leather with Rolex singed buckle
    Circa: 1971
    Condition: This timepiece presents in excellent preserved condition. Case is in excellent condition with subtle mark on face of coin on upper left side of coin face. Dial of flip up watch case is excellent, as is dial. Timepiece retains original strap and buckle. Movement runs and operates as it should. Service is recommended.
    *Heritage Auctions strongly encourages in-person inspection of items by the bidder. Statements by Heritage regarding the condition of objects are for guidance only and should not be relied upon as statements of fact, and do not constitute a representation, warranty, or assumption of liability by Heritage. All lots offered are sold "AS IS".

    Auction Info

    Auction Dates
    October, 2018
    24th Wednesday
    Bids + Registered Phone Bidders: 4
    Lot Tracking Activity: N/A
    Page Views: 2,058

    Buyer's Premium per Lot:
    25% on the first $250,000 (minimum $49), plus 20% of any amount between $250,000 and $2,500,000, plus 12% of any amount over $2,500,000 per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2014 September 23 Luxury Accessories Signature Auction
    2014 September 23 Luxury Accessories Signature Auction
    REALIZED $2,303,258
    2014 September 22 Fine Jewelry Signature Auction
    2014 September 22 Fine Jewelry Signature Auction
    REALIZED $1,970,300
    2019 September 23 Fall Fine Jewelry Signature Auction - Beverly Hills
    2019 September 23 Fall Fine Jewelry Signature Auction - Beverly Hills
    REALIZED $3,520,110