A High quality Insanity: Trying Again At The Three Most Costly Watches Ever Bought At Public sale

In contrast, probably the most notable elements of the recognition of the Paul Newman Daytonas, and the avidity with which they’re collected, is that from a purely horological standpoint they’re pretty uninteresting. They weren’t produced in significantly small numbers; they use a quite common, mass-produced commodity motion; they’re surpassed in intrinsic horological curiosity by in all probability tons of of hundreds of different watches from different makers. And but, at $17.75 million, the Paul Newman Daytona considerably outstripped the value paid for some other wristwatch at public sale as much as that time. (The earlier document holder was a metal Patek 1518, at $11 million, about which extra in a bit.) 

Nonetheless, the Paul Newman Daytona appeared on the market at a second when curiosity within the mannequin was at a better degree than ever earlier than, in the complete historical past of this household of watches. It was, and is, additionally distinctive. In spite of everything, there are numerous Paul Newman Daytonas, however just one Paul Newman’s Paul Newman. And its impeccable provenance, mixed with the unprecedented want for the mannequin in addition to its distinctive nature, meant that the sky was the restrict when it got here to public sale. This mix of a watch owned by a celeb, with a watch mannequin which is arguably the movie star of recent watch gathering in its personal proper, led to a worth which, on reflection, ought to have been no shock to anybody watching. 

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