What is the Rolex sleeping in LG’s safe?

Q

What is the Rolex sleeping in LG’s safe?

A

The LG Twins secured first place in the regular league on the 3rd and advanced to the Korean Series.

LG 트윈스 염경엽 감독과 선수들 모습  ⓒ 연합뉴스

LG Twins coach Yeom Kyung-yeop and players ⓒ Yonhap News

It is the first time in 29 years since 1994 that the team has ranked first in the regular league, and it has been 21 years since 2002 that they advanced to the Korean Series. Now, there is a Rolex watch that has been dormant for a long time in the vault of the LG team, which dreams of winning the Korean Series. This is a watch that former Chairman Koo Bon-moo, who loved baseball, bought while on an overseas business trip in 1998, saying, “If we win the Korean Series, I will give it to the MVP.”

Rolex Daytona 116598 SACO
ⓒ Amsterdamvintagewatches

Rolex Daytona 116598 SACO ⓒ Amsterdamvintagewatches

This watch is a Rolex Daytona Ref. It is said to be 116598 SACO and the market price at the time was around 80 million won.
The case is made of yellow gold, the 8P diamond index is used, and the bezel is made of cognac-colored baguette-cut sapphire, so the reference name 'SACO' is used. It is also nicknamed ‘leopard’ due to its leopard-patterned strap.

What is the market price like now, 25 years later? According to the sales status of Chrono 24, the average used market price is estimated to be 150 million won ($110,000), and the unused new product is estimated to be worth more than 300 million won ($240,000).

롤렉스 데이토나 Ref. 116598 SACO </br>
 ⓒ Superwatchman

Rolex Daytona Ref. 116598 SACO
ⓒ Superwatchman

This product is also famous as the watch of Hollywood actor Nicolas Cage. Is it worth going to MVP? The height of splendorIt's a watch that boasts.

I wonder if the day will soon come when this watch will really be taken out of the safe and revealed to the world after 25 years.

Sophie

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