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

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

This is it… This is the large one. The watch that the whole gathering community was hoping to see surfacing one day has gone under the sledge. This watch, as auctioneer Aurel Bacs disclosed to us in this video talk with , isn’t just a celebrity’s watch; it addresses considerably more than that. It’s the very watch that made a symbol (the Paul Newman Daytona), the very watch that is, indeed, the motivation behind why gathering steel sports watches is currently so well known. Indeed, it’s official, Paul Newman’s Paul Newman Daytona has been sold only a couple minutes prior, at a record cost of more than $17.7 Million, making it the most costly wristwatch at any point auctioned (and that’s with buyer’s premium).

As an update (all costs including buyer’s fees)

  • $3,717,906 – The most costly Rolex Daytona at any point auctioned – the  Oyster Paul Newman “The Legend” In Gold with Lemon dial , sold by Phillips at “Geneva Watch Auction: Five” on May fourteenth, 2017
  • $5,060,427 – The most costly Rolex at any point auctioned – the  Ref. 6062 ‘Bao Dai’ , sold by Phillips at “Geneva Watch Auction: Five” on May thirteenth, 2017
  • $11,136,642 – The most costly wristwatch ever auctioned – the Patek Philippe Ref. 1518 in steel (Perpetual Calendar Chronograph), sold by Phillips at “Geneva Watch Auction: Four” on November 12th, 2016
  • Over $24,100,000 – The most costly watch at any point sold at auction, the  Patek Philippe Supercomplication made for Henry Graves Jr. , sold by Sotheby’s November 12th, 2014

So here we are, with Paul Newman’s Paul Newman Daytona, which, under the mallet of Aurel Bacs and Phillips Auctions, after an initial offer of no under $10 Million, achieved a faltering $17,752,500 (inc. buyer’s premium – the last offer was $15,500,000), on account of a bidder on the telephone, before a stuffed saleroom of more than 700 individuals. This value makes it the most costly wristwatch at any point auctioned, and furthermore the most costly Rolex and Daytona ever auctioned… Simply impressive!

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