Fashion

Paul Newman's Rolex Daytona Is the Most Expensive Watch Ever Sold at Auction

Think $17.8 million.
IMAGE Optimist Consulting
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When news broke that Paul Newman's own Paul Newman Rolex Daytona was going up for auction with Phillips Auction House, whispers immediately started circulating around the watch world. Despite a (very) conservative estimate that the timepiece would fetch upwards of $1 million at auction, some folks had a feeling it would get more than that. A whole lot more.

Is this the most expensive Rolex Daytona?

In fact, the general feeling seemed to be that this watch was poised to set a new world record. In this instance, that feeling was bang on the money—to the tune of $17,752,500 (that is 919,668,262.50 in Philippine pesos). Following a 12-minute bidding war, the reference 6239 Daytona—with its black-and-creme exotic dial, which became known among collectors as the Paul Newman Daytona—just became the most expensive wristwatch ever sold at auction. It sold to a buyer on the phone. I bet at least a few folks want to know the identity of that buyer. And I bet it'll be a while (if ever) before they do. 

Just a few weeks ago, the same Rolex model (though not the one the actor wore) broke Philippine records at The Well-Appointed Life auction. It sold for P22.2 million.

This story originally appeared on Esquire.com.

* Minor edits have been made by the Esquiremag.ph editors.

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