ROLEX Daytona ‘Paul Newman’ Fetches $ 947,776 at Sotheby Auction

ROLEX Daytona ‘Paul Newman’ Fetches $ 947,776 at Sotheby Auction

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Rolex Daytona ‘Paul Newman’ wristwatch, made in 1969 was the star of Sotheby’s spring sale of Important Watches in Geneva held on May 13. The iconic wristwatch eclipsed the pre-sale estimate to sell for $208,000-416,000.
Clipboard01Two telephone bidders battled in the saleroom for a highly rare Rolex ‘Paul Newman’ Daytona wristwatch, in stainless steel, with rare ‘toffee’ registers. The watch was sold – to applause in the room – for $ 947, 776 . Rolex’s ‘Paul Newman’ Daytonas are widely recognized as the most highly coveted vintage Rolex models on the market. The colour of this watch’s three subsidiary dials – originally black when the watch was made – has naturally faded to a beautiful rich toffee brown.

Combining watchmaking prowess with the savoir-faire of high jewellery, two watches signed by prestigious jewellery houses namely a superb diamond-set Skeletonised Tourbillon Wristwatch by Graff, made in 2013 and adorned with 188 diamonds sold for $ 553,119  while a rare tourbillon wristwatch in Rose Gold by Chopard, 2017 was sold for $159,458.

Two rare pocket watches also stood out among the most highly-prized lots on offer namely an open-faced perpetual calendar pocket watch with moon-phases by Patek Philippe produced in 1947 sold for $ 156,966  and a very rare and early pocket watch by Patek, Czapek and Cie. went for $ 64,780. Made in 1842, this is one of the earliest watches which employed the stem-winding system and one of only 42 examples of its kind by Frantisek Czapek and Count Anton de Patek.