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Main Forums => General Discussion - Modern Watches => Topic started by: vinorus on October 28, 2017, 08:03:34 AM

Title: Paul Newman's Rolex Daytona Just Became the Most Expensive Wrist Watch Ever Sold
Post by: vinorus on October 28, 2017, 08:03:34 AM
Just one day ago, Paul Newman's Rolex Daytona Just Became the Most Expensive Wrist Watch Ever Sold at Auction!

If you want to read:
http://www.businessinsider.my/paul-newman-rolex-daytona-just-sold-17-million-world-record-2017-10/?r=US&IR=T
http://www.esquire.com/style/mens-accessories/a13102960/paul-newman-rolex-daytona-most-expensive-watch-auction/
https://www.gq.com/story/paul-newman-rolex-daytona-auction
https://www.hodinkee.com/articles/paul-newman-worlds-most-expensive-wristwatch
https://www.bloomberg.com/news/articles/2017-10-25/trying-on-paul-newman-s-actual-legendary-paul-newman-daytona
https://www.bloomberg.com/news/articles/2017-10-26/paul-newman-s-daytona-rolex-sells-for-record-17-8-million
https://www.washingtonpost.com/news/morning-mix/wp/2017/10/27/paul-newmans-rolex-with-a-telling-message-from-his-wife-fetches-record-17-8-million/?utm_term=.acb27e11810a
http://money.cnn.com/2017/10/27/news/paul-newman-rolex-auction-record/index.html
http://www.dailymail.co.uk/news/article-5023775/Paul-Newman-s-Rolex-sold-17-7million.html
http://www.gq-magazine.co.uk/article/paul-newmans-rolex-daytona-sells-for-record-breaking-17752500
https://www.maxim.com/style/paul-newman-rolex-daytona-most-expensive-auction-2017-10
https://www.phillips.com/article/18461746/paul-newman-s-paul-newman-rolex-daytona-sets-world-record-fetches-17-8-million
https://www.dmarge.com/2017/10/paul-newman-rolex-daytona.html
http://www.executivestyle.com.au/paul-newmans-lost-rolex-daytona-sells-for-more-than-23-million-gz9k1g



As I always say, Daytona is never less iconic than Submariner, time will tell and this time, money tells.

Phillip Austion Magazine was doing so well on the introduction of this watch:
https://issuu.com/phillipsauction/docs/ny080117_catalog
https://www.phillips.com/article/17646996/paul-newman-s-legendary-paul-newman

To know the history, I like this article from Revolution Magazine very much:
https://www.revolution.watch/paul-newman-daytona-101-2017/


(https://1.bp.blogspot.com/-vXmRTsA8DZw/We1HfLURmJI/AAAAAAAAp94/T7BgxGE34yAXAIao9bS4z0DpLkt6-AX3QCLcBGAs/s3200/Winning-Icons-Legendary-Watches-of-the-20th-Century-Phillips-Bacs-%2526-Russo-Paul-Newman-Daytona.jpg)


Congrats~!
Title: Re: Paul Newman's Rolex Daytona Just Became the Most Expensive Watch Ever Sold
Post by: CKL1213 on October 28, 2017, 08:16:31 AM
usd 17 millions

that's RM 72 millions

nice...
Title: Re: Paul Newman's Rolex Daytona Just Became the Most Expensive Watch Ever Sold
Post by: vinorus on October 28, 2017, 08:46:56 AM
Considering you bought it at USD200 in the very beginning.
Title: Re: Paul Newman's Rolex Daytona Just Became the Most Expensive Watch Ever Sold
Post by: vinorus on October 28, 2017, 09:09:30 AM
Here is the live stream on the auction:

https://www.watchtime.com/wristwatch-industry-news/auctions/live-stream-the-phillips-winning-icons-auction-featuring-paul-newmans-daytona/
Title: Re: Paul Newman's Rolex Daytona Just Became the Most Expensive Watch Ever Sold
Post by: squasub on October 28, 2017, 09:34:32 AM
correction: the most expensive wrist watch ever sold
Title: Re: Paul Newman's Rolex Daytona Just Became the Most Expensive Watch Ever Sold
Post by: vinorus on October 28, 2017, 09:56:24 AM
Okay, thanks~!
Title: Re: Paul Newman's Rolex Daytona Just Became the Most Expensive Wrist Watch Ever Sold
Post by: Kennypane on October 28, 2017, 03:15:36 PM
It’s all for a good cause.
Channeling the proceeds to a foundation for charitable efforts.
My salute to both Paul Newman for living such a philanthropic life and James Cox for NOT running away with the watch upon finding out the hype and value surrounding this watch and continuing their family’s efforts.
Title: Re: Paul Newman's Rolex Daytona Just Became the Most Expensive Wrist Watch Ever Sold
Post by: vinorus on October 28, 2017, 09:04:19 PM
https://www.youtube.com/watch?v=1_QCxOkCQHw
A documentation about this auction~!
Title: Re: Paul Newman's Rolex Daytona Just Became the Most Expensive Wrist Watch Ever Sold
Post by: yehlai on October 28, 2017, 10:28:36 PM
I heard Steinhart Daytona price will also increase
Title: Re: Paul Newman's Rolex Daytona Just Became the Most Expensive Wrist Watch Ever Sold
Post by: ck77 on October 29, 2017, 04:32:28 AM
I heard Steinhart Daytona price will also increase



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Title: Re: Paul Newman's Rolex Daytona Just Became the Most Expensive Wrist Watch Ever Sold
Post by: Watched on October 29, 2017, 10:38:40 AM
It's proud to be a Rolex owner
Title: Re: Paul Newman's Rolex Daytona Just Became the Most Expensive Wrist Watch Ever Sold
Post by: dpkong on October 30, 2017, 10:44:00 PM
I read somewhere that the auction price only went this high because it was for a charitable cause and not purely for the watch itself. Of course watch blogs will try to portray the value of the Daytona is escalating in leaps and bounds.
Title: Re: Paul Newman's Rolex Daytona Just Became the Most Expensive Wrist Watch Ever Sold
Post by: artyca on October 31, 2017, 04:55:37 AM
To add, the bidding started at 1 million but some Asian investor spoilt market and bumped the bid to 10 million! Hahaha....
Title: Re: Paul Newman's Rolex Daytona Just Became the Most Expensive Wrist Watch Ever Sold
Post by: vinorus on October 31, 2017, 06:48:10 AM
To add, the bidding started at 1 million but some Asian investor spoilt market and bumped the bid to 10 million! Hahaha....

The guy might have more than 10 similar watches  :Scolding:
Title: Re: Paul Newman's Rolex Daytona Just Became the Most Expensive Wrist Watch Ever Sold
Post by: vinorus on October 31, 2017, 06:50:28 AM
I read somewhere that the auction price only went this high because it was for a charitable cause and not purely for the watch itself. Of course watch blogs will try to portray the value of the Daytona is escalating in leaps and bounds.

True, people who goreng found an good excuse...
Title: Re: Paul Newman's Rolex Daytona Just Became the Most Expensive Wrist Watch Ever Sold
Post by: ck77 on October 31, 2017, 08:27:44 AM
To add, the bidding started at 1 million but some Asian investor spoilt market and bumped the bid to 10 million! Hahaha....
In hokkien saying, btc = bo tat che


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Title: Re: Paul Newman's Rolex Daytona Just Became the Most Expensive Wrist Watch Ever Sold
Post by: Cocas on October 31, 2017, 05:07:20 PM
The impacts on after this auction:
1. Preowned sport models almost snatched up by watch collector.
2. Rumours about Rolex to slow down sport models production started.
3. Used Rolex suddenly surged and Japanese buyers buying from Msia preowned Rolex dealers at premium price. Foreseeable, Msia used Rolex price will go up very soon.
Title: Re: Paul Newman's Rolex Daytona Just Became the Most Expensive Wrist Watch Ever Sold
Post by: danslater on October 31, 2017, 11:07:49 PM
To add, the bidding started at 1 million but some Asian investor spoilt market and bumped the bid to 10 million! Hahaha....
In hokkien saying, btc = bo tat che


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Maybe its planned all along
Title: Re: Paul Newman's Rolex Daytona Just Became the Most Expensive Wrist Watch Ever Sold
Post by: yehlai on October 31, 2017, 11:17:05 PM
The impacts on after this auction:
1. Preowned sport models almost snatched up by watch collector.
2. Rumours about Rolex to slow down sport models production started.
3. Used Rolex suddenly surged and Japanese buyers buying from Msia preowned Rolex dealers at premium price. Foreseeable, Msia used Rolex price will go up very soon.
ripple effects so big? unbelievable
but that is not a regular Rolex or Daytona
without Newman, Daytona might just be another Yacht Master