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When is a Rolex Daytona worth $17.8 million?

Well in today’s vintage market the previous owner matters and this Rolex Daytona was owned by Paul Newman.

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Rolex Daytona 1969

Watches worn by Hollywood icons are fetching big bucks at the auctions, none so more than Rolex. This Rolex Daytona was a present to Paul Newman from his wife Joanne Woodward, with a personal message engraved on the case back “Drive Carefully Me”. Paul Newman gifted it to his daughters boyfriend James Cox in 1984, as he never knew what time it was and had never owned a watch.

This watch cost $200 at the time and is currently the most expensive watch sold at auction at $17.8 million. It is considered by many to be the Holy Grail for watch collectors.

Paul Newman
Paul Newman
Rolex Daytona Paul Newman
Rolex Daytona Paul Newman

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