The 18K-gold Heuer Carrera chronometer (the watch manufacturer didn’t change its name to TAG Heuer until 1985) with Calibre 12 Manufacture movement was a gift for Swedish Formula One driver Ronnie Peterson from Jack Heuer; the latter even engraved the case back with the words “Success Ronnie Peterson from Jack W. Heuer.” The watch is completed with a gold ingot to commemorate the award Peterson won at the 1972 German Grand Prix at Nürburgring race track.
Meanwhile, at the Start-Stop-Reset auction, held by relatively new auction house Phillips on the next day, the Rolex Antimagnetique Reference 4113 wristwatch went for CHF 2.4 million (almost US$ 2.5 million). The Start-Stop-Reset is an auction for watches with steel chronographs only; meaning, the case of the above-mentioned Rolex is steel, and not metal, which is considered more precious, so the fact that it was sold at such a high price should baffle most people.
Then again, research shows that the watch is one of only 12 pieces ever made; it is believed that Rolex used to present them to drivers or owners of racing teams it was sponsoring. The 44MM manually wound split-seconds chronograph comes with a silvered matte dial, rose-gold raised Arabic numerals and baton hour markers.