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Thread: Paul Newman Daytona Becomes The World's Most Expensive Wristwatch, $17,752,500

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    Default Paul Newman Daytona Becomes The World's Most Expensive Wristwatch, $17,752,500

    The so-called “Paul Newman” Daytona, worn by the actor, is the most sought-after Daytona model, and the model sold tonight was the original: Paul Newman's "Paul Newman". The reference, which wasn’t called the Paul Newman until the 1980s when it began to gain traction as a collector’s piece is distinguishable from other Daytona models for the “square lollipop” ends on the subdial markers and for its Art Deco font. It also has contrasting colored seconds scale along the periphery of the dial, and a Daytona signature over the lower subdial rather than under the upper signature, as on most other Daytonas. Officially called the Rolex Oyster Cosmograph Daytona, it was produced in six different series between 1963 and the late 1970s, but was discontinued because of poor sales. Paul Newman wore the one auctioned today – a Ref. 6239, made in 1963. It was a gift from his wife, Joanne Woodward, who engraved “Drive Carefully, Me” on the caseback. Newman gifted it in 1984 to James Cox, the former boyfriend and now close friend of Paul Newman’s daughter Nell. A portion of the proceeds of tonight's sale will go to the Nell Newman Foundation, a charitable foundation that supports her father’s philanthropic values, while serving Nell’s commitment to organic foods and sustainable agriculture. A portion of the sale proceeds will also go to benefit Newman’s Own Foundation.
    Link:

    https://www.forbes.com/sites/carolbe.../#5460bab472d5


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    rage2 was spotted in NY recently...

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    Sweet baby Jesus...

    What would this make a 'regular' Paul Newman then? I know the Steve McQueen cars typically carry a 3-4x premium, but this seems more like 15x!

    Asset prices; they just keep on marching to the sky.

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    What recession?
    Doing It For the 'Gram

    I ain't worried 'bout it right now..

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    Quote Originally Posted by flipstah View Post
    This quote is hidden because you are ignoring this member. Show Quote
    What recession?
    That's Calgary-talk... If you peek out of our little bubble in the middle of nowhere, things are a-OK

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    True story, world economy is pretty good.

    Always surprises me how much celebrity artifacts are worth to some people. But hey, if you have the cash and this makes you happy then who am I to argue about value?
    Quote Originally Posted by killramos View Post
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    You realize you are talking to the guy who made his own furniture out of salad bowls right?

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    $2.3M "fee" ? That is $3M cad .. how does it work?
    The Original !

    1234567, ¦h³Ò¦h±o

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    Quote Originally Posted by C4S View Post
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    $2.3M "fee" ? That is $3M cad .. how does it work?
    Sounds like it's about a 14% auction fee, I believe that's standard practice with high end auctions that will bring the seller lots of money for their item.

    Also don't forget the seller still has to pay sales tax on top of that, during the auction the auctioneer had mentioned that the total price will be under $20M all in.

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    In terms of affecting the prices of other vintage daytonas, this might be a little bit different. This is Paul Newman's, Paul Newman Daytona, it's not like there are any other ones laying around.
    I can't see this sale having any kind of material impact on other vintage daytona prices.

    Who knows though, vintage daytona's (never mind the Paul Newman versions) have always been a grail watch for collectors.

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    How about Jon Voight's Le Baron?

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    ^

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    Quote Originally Posted by lilmira View Post
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    How about Jon Voight's Le Baron?
    That's gold lilmira, GOLD!!!
    Originally posted by SJW
    Once again another useless post by JRSCOOLDUDE.
    Originally posted by snowcat
    Don't let the e-thugs and faggots get to you when they quote your posts and write stupid shit.
    Originally posted by JRSC00LUDE
    I say stupid shit all the time.
    ^^ Fact Checked

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