Paul Newman’s Rolex Daytona’s Up for Auction and What They Mean for the Watch Market
Two Rolex Daytonas once owned by Paul Newman are set to go up for auction at Sotheby’s this year, and the buzz surrounding them is palpable. While not part of the “Paul Newman Daytonas” collection that includes some of the most expensive watches in the world, these two pieces are nevertheless significant for collectors and fans of the late actor and philanthropist.
One watch was given to Newman in 1995 after he won the GTS-1 class at the 24 Hours of Daytona race, and the other was worn by him during his final laps at Connecticut’s Lime Rock Park in 2008. The watches are expected to fetch anywhere between $500,000 to $1 million each or more at the auction.
For watch enthusiasts and collectors, this begs the question: What makes a watch so valuable? Is it the brand, the design, or the history behind it? And how much are people willing to pay for a watch that was once owned by a celebrity or has a unique story attached to it? With the rise of vintage watches and the growing interest in luxury timepieces, it’s no surprise that auctions like this continue to make headlines.
Will these Newman-owned Daytonas break any records at the auction, or will they fall short of expectations? Only time will tell, but one thing is for sure: the Rolex Daytona will forever be associated with Paul Newman and his enduring legacy.