Nothing over $1 million can really be called a bargain. Particularly when it’s a mere wristwatch from the Swinging Sixties. Yet we all know the stratospheric values paid for Paul Newman’s Rolex Daytona 6241. The first one went for a mind-boggling and (then) world record $17.8 million USD back in 2017. Fast forward to the here and now. We are at the end of 2020, a year of slow turnover sure, but not across the board – the huge Chinese market has already picked up with YOY sales considerably up from 2019. But earlier this month, Racing Pulse – a New York auction by Phillips in association with Bacs & Russo – sold Paul Newman’s other Daytona. This one had a dark reverse panda dial and was still delightfully clean and crisp after half a century. Being a significant Rolex, this was snapped up for $5,475,000 US – a considerable sum, of course, but a relative bargain compared to Newman’s previous Daytona, given that it sold for 70 per cent less. The Phillips/Bacs & Russo auction still achieved some phenomenal results. It included a record sale for any Heuer, the iconic Heuer Monaco ref. 1133 owned by Steve McQueen –…
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