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Thursday, October 29, 2020

Another Million-Dollar Paul Newman-Owned Rolex Hits The Block At Phillips - Forbes

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Another legendary Rolex Daytona owned by Paul Newman is coming up for sale at Phillips in Association with Bacs and Russo, the auction house that set a record when it sold a Paul Newman-owned Rolex Daytona in 2017 for $17.752-million. In a lingo twist that could only happen in the watch world, this is not a “Paul Newman” Daytona, although it is a Daytona owned by Paul Newman. The Paul Newman style is distinguishable from other Daytona models for its “square lollipop” ends on the subdial markers and its Art Deco font. The Daytona sold in 2017 was the Paul Newman “Paul Newman” Daytona (Ref. 6239), the one that prompted watch collectors to nickname the style. The Daytona in the upcoming Phillips sale is a Paul Newman “Big Red” Daytona (Ref. 6263), a slightly different style that is distinguishable for its big red Daytona logo at 6 o’clock, and does not have the lollipop hash marks. It is being auctioned on December 12 in New York, as part of Phillips’ Racing Pulse sale, which will also include the Heuer Monaco worn by Steve McQueen in the 1971 film “Le Mans.”

Like the PN Paul Newman Daytona, the PN Big Red Daytona was a gift from his wife, Joanne Woodward, and bears the inscription “Drive slowly, Joanne” on the caseback. It is the wristwatch Paul Newman was most often photographed wearing for over two decades until he gifted it to his daughter, Clea Newman Soderlund, in 2008. She comments, “He wore the watch nearly every day until he gave it to me, and it has been a treasure of mine for almost 13 years. To me, this watch shows my mother’s tolerance of his continued passion for racing and reflects the enduring love between them, which remained for another 25 years until his passing.”

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She is consigning it to auction, with proceeds benefiting charitable organizations founded by Paul Newman.

Paul Boutros, Phillips’ head of watches, Americas, comments, “While many know Joanne Woodward and Paul Newman as actors and philanthropists, their names signal something more to watch collectors – they had an extraordinary impact on the field of watch collecting. Throughout his lifetime, Paul Newman was photographed wearing a small handful of Rolex Cosmograph Daytona watches. Without any doubt, it is this association with Paul Newman that has led to the Rolex Daytona being universally regarded as possibly the world’s most sought after wristwatch.”

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October 29, 2020 at 11:23PM
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Another Million-Dollar Paul Newman-Owned Rolex Hits The Block At Phillips - Forbes

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