The Sale Of Paul Newman's 'Paul Newman' Rolex Daytona, The Most Expensive Wristwatch Ever Sold
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- Опубликовано: 21 авг 2024
- Last night, Paul Newman's personal Paul Newman Daytona sold for a record-breaking $17.75 million, making it the most expensive wristwatch ever sold. Ever since news of the watch's consignment to Phillips broke in the Wall Street Journal on June 1, 2016, the watch world has been buzzing. What would it sell for? Who would it sell to? What would happen after the sale?
We have covered this watch extensively, from placing it on the cover of the HODINKEE Magazine, Volume 1, to going hands-on with it and featuring it on Friday Live last week. In the week leading up to the auction, we spoke to a slew of watch world insiders, including dealers, collectors, auctioneers, and HODINKEE readers, to see what they had to say about the Paul Newman Daytona and what it means to the watch world and collecting as a whole.
Now, with the sale behind us, and the dust beginning to settle, let's take a look at the story of how a stainless steel chronograph made horological history. Наука
Best I can do is $50
Nawaz i can do 51
Lul i can du 14$
In Philadelphia, it's worth 50 bucks. :)
you made my day with this comment
lighten up man
Ha I see my opening bid of $5,000 was glossed over
80sruler tight ass 🤑
Did it come with box and papers?
Paper bag, yes
for 15 million it better have a time-travelling function
😂😂
your my hero :)
What if it comes with a service dial? O_O"
love this story and for those who are deeply cynical, this was the true story of the sale - The watch had been given to Newman by his wife, Joanne Woodward, in 1968. She bought it from a Tiffany & Co store in New York and had it engraved with the message “Drive carefully”, in light of her husband’s fledgling motor racing career.
In 1984 Newman gave the watch to his daughter’s then boyfriend, James Cox, who did not own a watch, saying it “keeps good time”.
After Cox and Newman’s daughter Nell split up they remained on good terms, and they jointly put the watch up for auction. A portion of the proceeds will go to the Nell Newman Foundation and the Newman’s Own Foundation.
Ok the next lot is Paul Newman's Invicta, starting from 12 million
it's gonna be enormous 😂
I knew two brothers who found a watch in their lock-up in Peckham. It sold for 6.4 million.
Yeah, I believe you Dave 😂😂😂
I am very happy for the seller... The gift Mr. Newman gave his friend will keep giving to his family for many years to come. Bravo, Mr. Newman, a truly class act!
Great editing HODINKEE.
6:22 "Dad was all about being generous and philanthropic and I hope whoever buys it remembers that."
The NEW owner has ALREADY been both.
Rick would get it for half of that 😂
i dont mean to be so off topic but does anyone know of a trick to log back into an Instagram account?
I was dumb lost the account password. I appreciate any assistance you can offer me.
@Harlem Julian Instablaster =)
If I had the funds to buy the PN rolex,I would. History just been made. Thank you Hodinkee for the build up,and exciting opportunity to join in this moment.
Icon man and it goes to show you how loves and respected this man was.
Love the editing hodinkee. This is great content!
Pawn Stars "the best I can do is $50 Ill be taking all the risk, it can stay in the store for for months or years"
What a great guy, I can see why Paul Newman gave him the watch. Wonderful history to an iconic piece.
If someone gave me something like that with a story to go along with it, I’d be hard pressed to sell it.
Completely agree with you, I would sell unless I was destitute . I'd gift /leave to my children on condition that they didn't sell while I was living . I wouldn't want to know the value in $$$ terms , because to me the act of giving is more precious .
I like watches but $17.75 million is an ridiculous amount to have paid.
When you think about it though, rich people donate a lot more than $15 million to charity. So basically, the buyer made a $15M donation to a fantastic charity and got an incredible watch along with it. There are suspicions that it was actually Rolex that bought the watch, but I’m not so sure.
@@michaelfleming8490 Even though people say that Rolex bought it to bring this iconic (to their brand) watch back home there is an interview of Aurel Bacs where he hints about the buyer which sounds more like a rich collector who is a serious watch collector recognized in the community.
v1d300 I actually do remember that interview now that you mention it. I guess we will never really know.
@@michaelfleming8490 I guess not. But up until now they haven't revealed who they are it could possibly be a highly coveted collector or Rolex themselves ;)Anyway, have a nice day!
"“the lion’s share” of the proceeds will be going to Nell Newman’s foundation, which carries on Paul Newman’s own legacy of philanthropy by giving resources to small nonprofits worldwide."
That's a real nice touch... Like Mr. Newman himself, a true class act who believed in giving to others. Bravo!
Absolutely incredible... Good to see it will help a good cause.
Wait for the day Buzz Aldrin speedmaster is found :)
frodon sacquay No one gives a shit about omega and the mood landing was a hoax.
Matt Hatter go back to /pol/
Matt Hatter go back into your cave, it's dangerous outside here.
Alex Brennan more like go back to Tumblr. Right wingers believe in the moon landing, lefties don’t
i agree matt, well said...
Paul Newman realized that it wasn't about owning material possessions, instead it was about loving others as he was loved, specifically kids.
Iconic: widely recognized and established. I never laid eyes on this watch, never even knew it existed, until just now. Yet another example of the foundation on which Rolex is built: hype.
It’s iconic among watch collectors
Just a reminder people that when this watch came out,they couldn't shift it,it didn't sell.It's amazing what a film star can do for you,it's also amazing what these idiots with more money than sense spend it on.You've all been taken for a ride by the auctioneer,no wonder he says he's happy.
They aren’t idiots. They know someone else will pay more when they sell it. There are many rich people in the world.
Breathtaking, exciting and stunning. Congrats to the buyer, sometimes I wish for the possibility traveling back in time ...
Wow!!! That's totally insane, his 1967 Ferrari 275 GTB/4 restored by Ferrari in Italy, sold for only $10 million, the watch goes for $18 million, wasn't even owned by him for years, sold by an associate seems way too crazy to comprehend, nice score though.......
I own a seiko and I am always in a good mood 🙍💃🙌
No box. No papers. No original bracelet. Not even an Oyster. And it’s engraved on the back. All things that typically lower the value of a watch. But I do get understand the importance of this watch serving as the big-bang of vintage collecting and sports watch popularity. It’s a cool watch.
The provenance is rock solid, no need for the papers etc - besides there's only one, so you can't wait and see if one with papers comes on the market :)
Paul Newman continues to do gret charity-work even from beyond the grave. What a MENCH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Is the extra 2.25 Million the auction costs?
lol joke's on them my seiko was only $180
and your Seiko now worth NOTHING !!!
i like you seiko
Bright Jade lol exactly. 30 years time this Rolex will be worth 25-35 mill
H/S Soundz or it might be worth nothing.
Didn’t I read somewhere that Paul Newman‘s other daughter has a another one of his Daytona’s?
Joanne, his wife, gave him another Daytona with a metal bracelet. It is in some photos.
Can someone explain wherethe $17.7 million comes from even though the auction went to $15.5? Is it tax and auction fees associated with it that makes it go up to the 17?
BlackCarrera Yea
Yes, which is unnatural. The taxes and fees should taken off the final bid.
This was the one. Always will be. The most iconic watch ever.
That was actually breathtaking. Great vid.
the consignor first took it into rick at pawn stars but ricks final offer was only $50 bucks and that was after he got his buddy down there to inspect it
I have a Joe Newman. Amazing what a first name will do to the value.of a watch.
Wow my first time ever seen on RUclips bidding for such watch. Great upload hodinkee.
I have to respect the level of baller you have to be to say I'm not going to waste time bidding it up to $10 million, I'm just going to start it right off there from the beginning. 👍
i had a lot of fun bidding on the newman watch, and i enjoyed the back and forth, but i knew i wasnt going to stop bidding until i had it.
Will we ever find out who the buyer is?
It's obviously a Chinese buyer, you can see the woman speaking mandarin on the phone to them.
I heard he is a Kuwaiti!
Sickening if it's in china.
Who ever owns it, take care of it dear god please do.
I'm still new to watches and don't appreciate why this watch is so classic, but I'm sure in time I will find out more.
I am intrigued as to why Newman would give this watch to a mere guy who was dating his daughter. It was given to him by the love of his life, with a dedicated inscription and all. I'd love to know in what state of mind Newman was, since the car racing side gig may have been a source of contention in that marriage.
Maybe he was just a nice man who got a great big kick out of gifting stuff?!
Wow, seems like the whole comment section is full of bitter, broke haters and posers. Congrats to the buyer, he/she got themselves a piece of history. And I love the comments about "worth," lol. Value is subjective. Worth is whatever price something can fetch. Take an econ class.
jason starek you are right a bunch of haters, congrats to the high bidder awesome watch!
Tell that to all the people tat don't get enough to feed themselves.
Oh wow, a (maybe) rich yuppi giving us the economy 101 on value and supply/demand. How interesting and new. Too bad if you were a bit brighter you'd get what a lot of people here are complaining about is the unhuman and totaly ethicless state of our economy, that produce (among other things) these kind of transactions. I guess you're one of those who eat on a ruthless free market and it's just defending his slice of the pie.
Max Levine who the fuck were speaking to you cowboy. Making threats over YT, go embarass yourself somewhere else idiot.
Max Levine not offended mate, just not giving a shit. If you have something to actually respond to what i wrote earlier go on, if not keep insulting, i don't care of strangers on YT tbh.
Bravo. A true icon of a watch and great that the money is going to a good cause.
Steve McQueen is the man!
Great Video! Really shows how iconic this watch trurly is!
Foundation to foundation. Congrats rolex paul is coming home 👏🏼
100% agree…they’ve become patek phillipe; they want to start their own museum
The saddest part of all this, in my humble opinion , is that someone actually wrote " The homeless are there for a reason." Man, the snobbery and entitlements are real.
Where did you see that?
@@michaelfleming8490, someone wrote it in the comments section. I THINK they meant that having homeless people around makes the sale of this watch that much more posh.
Importantly, it belonged to Paul Newman, any other luxury watch would have been sold at a similar price, perhaps.
Forget about the watch, that blondie is gorgeous!
We shall see what happens when other iconic watches made famous by and worn by celebrities go to auction. McQueen's Monaco, Redford's Single-Red, Jack Nicklaus' day-date, or Eric Clapton's insanely rare "Yachtmaster Daytona" (should it ever reappear at auction)
the most rare Rolex is the 1958 6541 Milgauss
I know because I owned one and sold it for unbelievable amount of money !
Collectors are funny, look at prices for old cars....
everyone get on the hype wagon so the auctioneer can make a bigger commission...the foundation is the winner
That's a lot of spaghetti sauce !
Great coverage of this time keeping master piece sale.
I used to watch Paul race Nissans at Lime Rock Park in Ct. ...I actually went to his funeral...very sad day
HORSE SHIT!
Newman died on the morning of September 26, 2008,[77][78][79] in the presence of his family.[80] His body was cremated after a private funeral service near his home in Westport. COURTESY WIKI, and my memory of the news report.
imgur.com/gallery/to7hBuM
There is always some Dildo that says stupid shit like this. You just happen to be the Dildo today.
I AM SO HAPPY FOR THIS PAUL NEWMAN WATCH SELLING FOR THAT MUCH - 17 MILLION AND COUNTING. HE WAS WORTH EVERY PENNY AND MORE!!!!! ONE OF THE BEST MEN THAT EVER LIVED ON THIS PLANET. IF IT HAD FETCHED MORE - IT WOULD OF BEEN BETTER!!! GO PAUL NEWMAN - YOU CONTINUE TO GIVE FROM BEYOND THE BLUE.!!!
Would that count as a charity donation since it belonged to a foundation?
The quintessential time-piece for the salad-dressing enthusiast.
Can't help but think there are some people who would pay more...
Bacs should do this like a cattle auction. Interesting Karma that I traded two watches for a 2010 Daytona back in July before this Paul Newman surfaced and was set for auction. I feel the connection. AND, value of Daytonas, in general, of all models, I've noticed have begun to go up. I don't expect mine to be worth seventeen million dollars, but I traded it at nine thousand dollars in value and It seems to be worth in the low teens.
I love how the auctioneer says 12 million in 4 different languages, as if the amount wasn't clear enough 😃
Sector Mentor they had buyers from other countries bidding over the phone. Perhaps catering to one of those bidders....there are more languages than just English mate ;-)
0penYourEyez(Heidi) I think it was done more for effect to be fair. However I do agree English is not the only language in the world .😃
i would also like to agree that there is more than language
And I bi$ch about the 1680 and 5513 vintage submariners going for $7k : ) Just a few years ago for example, with a little effort, you could have picked up a stainless steel plexi 1675 GMT master for around $4500. You can't touch one for under $7k today. Vintage Rolex spots models in general are solid investments.
*Walt Heisenberg* a guy on Antiques Roadshow brought in a 1962 GMT Rolex. He paid $120 bucks and some change for it new while he was in the army. It is now worth more than $75 grand. Go figure
What did I miss? Last bid was 15.5 million?
Taxes, fees etc
I agree that this watch started the sports watch collecting frenzy, as he says, so it’s important. And a lot goes to charity!
Who was the guy who inherited the watch from Mr. Newman?
Paul Newman's daughters boyfriend.
Amazing amazing amazing... I watched the auction yesterday and it was super exciting.
Smart of Rolex to put down that starting bid of 10M themselves ;)
Some day there will be Robert Redford's SKX009 sold for 20,000 000$.
Huge amount of money, my understanding that a large proportion is going to the foundation, fantastic story. I own two Daytonas that my son will inherit, they will never be hugely valuable to the market, but may be to him.
He is selling it for 15.5 Million USD at minute 5:37. Why does it say 17.75 Million in the description?
15 mil for a watch and there are people starving in the world. I call it disgusting.
Nice gift!
Very inspiring thank you for sharing it was a cool watch
GREAT VIDEO!
All this proves is that wealth is grotesquely maldistributed.
PAWN STAR'S: "I'll give you 155 dollars and that's my final offer anything higher and I would not be making any money"
3:33 famed collector and enthusiast John Goldberger sitting behind Nell Newman.
Very exciting auction (so many of these final numbers have been reported incorrectly!) but I'm glad to say I think the Paul Newman is "meh" ........... many much more beautiful and interesting watches to collect at slightly lower prices lol
Waiting to see if Jacques Cousteau's Blancpain Fifty Fathoms ever surfaces. Yes, pun intended.
I don’t understand, the auction said it sold for $15,500,000.00
John Shifflett buyer's premium
Paul, Newman would give them all thick ear
I feel like this was more of a flex among rich people than actually the watch. Like without the auction and the pressure of bidding; these people wouldn’t of paid anything close
Congratulations you've cracked the code of why auctions exist
Ive read this paul newman Rolex iN GQ magazine its engraved in the back Drive Carefully given by Joan Woodward
Good news for everyone who already owns a vintage Rolex. Bad news for anyone who wants to start collecting vintage timepieces... This auction will for sure cause an avalanche in Vintage-Watch values... Much like vintage Ferraris...
I paid way less for mine…because I don’t have one
Paul oldman is the winner
Whomever brought the watch I'm sure God will bless you for helping out so.
Paul Newman wasa great man , sadly and very much missed the likes of him, we wil never have again RIP 🙏 BUTCH
No, a lawsuit should of been filed the moment this auction started, seriously~
Almost certain most bidders were asian
Nah fam.
12 million 4 ways at 3:33!!!
Why do u write 17 mill when it was sold for 15mill
sifis flisk buyer's premium
Buyers premium on top
15.5 mil is the disclosed price to the spouse. :)
aliceyellowdog Lol!
15 million is the hammer price. 17 million is the total price with buyers premium
From 1 million to 10 ??
7 to 10
One word, WOW!
I would’ve bought it if they took PayPal without fees and shipped.
Is that the original BUND STRAP or did they change it to a smaller strap for the auction?
That leather would of been worn to shit, and I'd be shocked if it was the original. Vintage anything holds up better~
When you shit money.....
someone interview the buyer
£2.50p and a packet of cheese and onion crisps is my final offer.