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Started By
Message
Paul Newman’s Rolex sells for $17.8 million, WTF?!?!!!
Posted on 10/27/17 at 3:03 pm
Posted on 10/27/17 at 3:03 pm
I know it’s Paul Newman, tonthe extent that’s a big deal, but it’s not even encrusted with precious gems or made of gold.
What in the frick am I missing here?
Yahoo
What in the frick am I missing here?
quote:
A Rolex that once belonged to Paul Newman became the most expensive wristwatch ever sold in an auction as it fetched $17.8 million Thursday night in New York. The stainless-steel Daytona Rolex was the star of a special 50-lot evening sale, “ Winning Icons -- Legendary Watches of the 20th Century,” at Phillips auction house. The timepiece had been estimated at more than $1 million. The previous record for a wristwatch belonged to a stainless-steel Patek Philippe that sold for $11.1 million at Phillips in November.
Yahoo
25
Posted on 10/27/17 at 3:04 pm to Covingtontiger77
Is it really Newman's Own?
Posted on 10/27/17 at 3:04 pm to Covingtontiger77
Does anybody really know what time it is?
Posted on 10/27/17 at 3:05 pm to soccerfüt
Posted on 10/27/17 at 3:05 pm to Covingtontiger77
quote:
What in the frick am I missing here?
The time.
Posted on 10/27/17 at 3:07 pm to Covingtontiger77
I feel like if I have $17 million to spend on a watch, then I don't really need a watch. Nothing I want to do will start without me anyway.
Posted on 10/27/17 at 3:08 pm to Covingtontiger77
quote:
The timepiece had been estimated at more than $1 million.
Great work, appraiser guy.
Posted on 10/27/17 at 3:09 pm to Covingtontiger77
I'll copy a great reply I read on another forum.
quote:
In watch collecting circles a Paul Newman model Daytona goes for $100,000+ already, with no special provenance. Newman's watch established an entire category of "grail watch" for collectors and made the Daytona the most desirable Rolex model on the market. To own the progenitor of the entire category is kind of like the pinnacle of the entire industry. Many are speculating that Rolex might even have been the winning bidder.
Posted on 10/27/17 at 3:10 pm to Covingtontiger77
Paul Newman was a huge race car guy. This is a Rolex Daytona. If he wore it while driving at Daytona, I could see some race guy writing that check.
Without that provenance, I don't see it.
Rick would have called in an expert and then offered Tree Fiddy because he has to sell it and it takes up space.
Details from the link explain a lot:
Without that provenance, I don't see it.
Rick would have called in an expert and then offered Tree Fiddy because he has to sell it and it takes up space.
Details from the link explain a lot:
quote:
Newman got his watch -- a Rolex Cosmograph Daytona, reference #6239, made in 1968 -- as a gift from his wife, actress Joanne Woodward. The two starred together in the 1969 movie “Winning,” which sparked Newman’s successful racing career. The wristwatch has a white dial, three black subdials, a red outer track and Woodward’s engraving on the back: “DRIVE CAREFULLY ME.”In the following decade, the watch traveled the world with the actor, appearing on his wrist in promotional materials, magazines and documentary footage. It became so synonymous with the Hollywood legend that vintage-watch aficionados dubbed the model after him.
This post was edited on 10/27/17 at 3:13 pm
Posted on 10/27/17 at 3:10 pm to AU_RX
Thank you for your service
Posted on 10/27/17 at 3:12 pm to Covingtontiger77
quote:
not even encrusted with precious gems or made of gold.
You're new money trash, aren't you?
Posted on 10/27/17 at 3:13 pm to Covingtontiger77
quote:
I know it’s Paul Newman, tonthe extent that’s a big deal, but it’s not even encrusted with precious gems or made of gold.
What in the frick am I missing here?
Simple, the timepiece has provenance
Posted on 10/27/17 at 3:22 pm to Covingtontiger77
quote:
What in the frick am I missing here?
The story of the watch.
quote:
Newman got his watch -- a Rolex Cosmograph Daytona, reference #6239, made in 1968 -- as a gift from his wife, actress Joanne Woodward. The two starred together in the 1969 movie “Winning,” which sparked Newman’s successful racing career. The wristwatch has a white dial, three black subdials, a red outer track and Woodward’s engraving on the back: “DRIVE CAREFULLY ME.”
In the following decade, the watch traveled the world with the actor, appearing on his wrist in promotional materials, magazines and documentary footage. It became so synonymous with the Hollywood legend that vintage-watch aficionados dubbed the model after him.
quote:
The fate of Newman’s Daytona was something of a mystery after it disappeared from the actor’s wrist in the 1980s.
It turns out that in 1984, the star gave it as a gift to James Cox, a college student who dated Newman’s daughter Nell. Cox said he wore it proudly for years and then, as prices for vintage watches began skyrocketing, put it away in a safe box.
Posted on 10/27/17 at 3:26 pm to Covingtontiger77
Money laundering.
Posted on 10/27/17 at 3:33 pm to Covingtontiger77
Not surprising. Models from the same year with the same specs are very expensive if they are in good shape.
You'll never lose owning a Rolex.
You'll never lose owning a Rolex.
Posted on 10/27/17 at 3:38 pm to Covingtontiger77
Probably a few rich nerds got into a bidding war...
Posted on 10/27/17 at 3:39 pm to Covingtontiger77
The Rolex 24 hour endurance race is a big deal among racing fans. I go every year.
Posted on 10/27/17 at 3:39 pm to Koach K
quote:
Money laundering.
Ah yes. Laundering money to the Nell Newman foundation. Very clever.
Posted on 10/27/17 at 3:42 pm to Cdawg
quote:
a gift from his wife, actress Joanne Woodward
Joanne Woodward attended LSU. She's in one of my dad's yearbooks. Guess she met Paul and quit school or started acting and quit school.
Posted on 10/27/17 at 3:50 pm to Cdawg
it is probably the most famous individual watch in the world
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