Breaking News – Phillips Sells Paul Newman’s Paul Newman Daytona for $17,752,500, Being The Most Expensive Wristwatch Ever Auctioned

ic_query_builder_black_24px | ic_dehaze_black_24px By Brice Goulard | 2 minutes read
Paul Newman's Paul Newman Daytona Rolex - phillips Auction

This is it… This is the big one. The watch that the entire collecting community was expecting to see surfacing one day has gone under the hammer. This watch, as auctioneer Aurel Bacs explained to us in this video interview, is not only a celebrity’s watch; it represents much more than that. It’s the very watch that created an icon (the Paul Newman Daytona), the very watch that is, in fact, the reason why collecting steel sports watches is now so popular. Well, it’s official, Paul Newman’s Paul Newman Daytona has been sold just a few minutes ago, for a record price of over $17.7 Million, making it the most expensive wristwatch ever auctioned (and that’s with buyer’s premium).

As a reminder (all prices including buyer’s fees)

Paul Newman's Paul Newman Daytona Rolex - phillips Auction

So here we are, with Paul Newman’s Paul Newman Daytona, which, under the hammer of Aurel Bacs and Phillips Auctions, after an opening bid of no less than $10 Million, achieved a staggering $17,752,500 (inc. buyer’s premium – the final bid was $15,500,000), thanks to a bidder on the phone, in front of a packed saleroom of over 700 people. This price makes it the most expensive wristwatch ever auctioned, and also the most expensive Rolex and Daytona ever auctioned… Simply impressive!

Note: price with buyer’s premium is $17,752,500 / CHF 17,709,894 / € 15,228,095.

4 responses

  1. To echo Aurel’s comments after the hammer fell, this is really Joanne Woodward’s “Paul Newman”. She selected and gifted the watch to her husband with the words “DRIVE CAREFULLY ME” engraved on the case back. Thus the legend was forged not of the fuel and fire of the racetrack, but of a simple, encouraging gesture by a wife to her beloved husband… Bravo Ms. Woodward!!!

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