Saturday, 25 November, 2017

Paul Newman's Rolex Just Sold For A Mind-Blowing Sum At Auction

Paul Newman's Rolex Daytona Just Broke The Record As The World's Most Expensive Watch Paul Newman Rolex sets auction record of $15.5m at Phillips New York
Madeline Patrick | 28 October, 2017, 01:06

A new world record has been set for the sale [VIDEO] of a wristwatch on Thursday after Phillips Auction House in NY fetched a tasty nearly $17.8 million for a #Rolex Daytona watch, given to the late actor #Paul Newman by his wife, actress #Joanne Woodward.

More specifically the vintage Rolex has become the most expensive watch to ever be sold at an auction, trading hands for US$17,752,500 (including buyer's premium).

It also breaks the record for the most expensive Rolex ever sold at auction, which was previously held by the Rolex Bao Dai which sold for $5 million back in May.

The reason this watch is worth so much to collectors is the story and history behind it, as it's not made out of any precious metal and it is not the most complex watch in the world either. After the movie, he chose to take up the sport of motor racing himself, leading to his wife presenting the Rolex Daytona to him, with the words "DRIVE CAREFULLY ME" engraved on the back.

"The watch is probably the most important collector's item of the 20th century for watch lovers".

Stranger Things Star Finn Wolfhard Leaves Agency Following Sexual Assault Scandal
He said he was a big-time agent in L.A. and he worked at APA , ' Lindsey said. adding that Grasham promised to make him a star. Lucas Ozarowski also used Facebook to share his story about Grasham . "I didn't know who he was".

Newman died in 2008 at the age of 83. He gifted it to James Cox, the then boyfriend of Newman's daughter Nell. "Pop would frequent the river bank to check on James" progress.

"Paul asked me what time it was, to set his watch". Apparently Pop forgot to wind his wristwatch that morning.

Everyone knew it it was a watch that would break records.

She had it engraved for him and it was designed specifically for motorsport because the actor was playing racecar driver Frank Capua, in the 1969 film, Winning.

Cox has owned the watch since and, together with Nell, who remain close friends, chose to sell the watch to raise money for her foundation.

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