At the Antiquorum Important Modern & Vintage Timepieces auction on June 12, 2012 – an Omega Constellation owned by Elvis Presley – lot 192 – sold for a record breaking $52,500. That is five times the pre-sale estimate. It is rare that a piece sells for such a significant amount above the estimate, but considering how famous the original owner is, it makes sense.

Posted by:Jason

Jason is a former Fortune 100 executive who left the corporate world to found Professional Watches. He's obsessed with aesthetics, quality, and brands with true staying power. View his article archive.