Phillips in Association with Bacs & Russo has set a new world record for any wristwatch at auction.
Following a 12 minute bidding war, Paul Newman’s Rolex “Paul Newman” Daytona sold for to a bidder on the phone. Watch enthusiasts from around the world followed this historic moment online, over the phone, and in a packed saleroom of over 700 people.
The atmosphere was electric!
Phillips’ inaugural New York auction, WINNING ICONS – Legendary Watches of the 20th Century, has gone down in history tonight, with the monumental sale of the singular, one and only Rolex “Paul Newman” Cosmograph Daytona owned and worn by none other than Paul Newman. With unrivalled provenance, it is the watch that inspired the legendary nickname for the most prestigious versions of Rolex’s Daytona.
Aurel Bacs, Senior Consultant, and Paul Boutros, Head of Watches, Americas, said: “It was an absolute privilege for Phillips to offer Paul Newman’s own “Paul Newman” Daytona – arguably the most iconic collector’s wristwatch of the 20th century. This record result is a testament to the historic importance and continued legacy of this Rolex, which is responsible for creating an entirely new market and inspiring a new generation of collectors.”