30 Oct 2017

Rather Pricey

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Artnet:

Observers knew that Paul Newman’s Rolex watch, estimated to sell for around $1 million, would be the highlight of Phillips’s first ever New York watch auction yesterday. But no one expected the hand-crafted Daytona watch—which the late actor wore in movies, magazine shoots, and at parties—to sell for $17.8 million, going to an unidentified buyer after 12 minutes of heated bidding.

The sale smashed the previous record for a watch, $11.1 million for a stainless steel Patek Philippe, which sold at Phillips last November.

The “Paul Newman” has won legendary status in the watch community, both because it is considered to be one of the most coveted timepieces in the world—the New York Times compared it to the Mona Lisa for the watch collecting world—and because, until the sale’s announcement in August, few people outside of the Newman family knew where it was. It was first given to Newman by his wife, actress Joanne Woodward, who inscribed it with the message “DRIVE CAREFULLY ME.”

RTWT

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2 Feedbacks on "Rather Pricey"

Surellin

And yet my Soviet pilot watch (Berlin, 1992, 70 DM) runs just fine.



Steven Wilson

Few people knew where it was? Including the family? There’s a story not being told. Did he give it to someone? Was it stolen? Donated? I get that the price is the leading element of the story, but the source of the watch is an intriguing mystery.



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