This next auction item, which will be going up for live bid early next month in Riverside, California, is for Rolex Oyster Perpetual Day Date President wristwatch, model: 18206. As you can see from the picture, this probably has to be one of the most blinged out Rolex in existence, and that’s coming from us. We see hundreds of fancy, diamond-encrusted watches everyday, but this watch definitely has to take the cake. This Rolex is loaded with a  whopping 38 carats of  princess cut aftermarket diamonds, and has a total weight of 2.585 troy ounces. If you purchase this watch you’ll probably want to hire bodyguard or something just to be on the safe side. We don’t know what the starting bid for this watch will be, but we don’t think it will be cheap. If you’d like to find out more about this Rolex and how to attend this upcoming auction then be sure to click here to activate your free 3 day trial account.