Paul Newman’s Rolex Watches Up For Auction in June

Sotheby’s is set to host an auction featuring two Rolex Daytona watches owned by the late Hollywood legend, Paul Newman.

The Important Watches auction is scheduled for June 9 in New York and will include the reference 16520 and the reference 116519.

The former was presented to Newman after winning the GTS-1 class at the 1995 24 Hours of Daytona Race, and the latter was the last Daytona ever gifted to Newman by his wife, Joanne Woodward. The watches will be on tour with exhibitions scheduled in Los Angeles and Geneva before the auction.

Paul Newman's Rolex Watches Up For Auction in June

Rolex Daytona and Paul Newman

The Rolex Daytona has a long-standing connection with the world of motorsports. It wasn’t until Paul Newman acquired his first Daytona during the filming of ‘Winning’ (1969) that the model’s popularity took off.

Newman’s passion for auto racing continued throughout his life, and he was known to have a particular affinity with the Daytona. He used the watch as a precision instrument to time laps around the track, and it became an unofficial part of his racing uniform.

Today, the history of the Daytona watch is inextricable from the Hollywood star, who is also known as the greatest unofficial ambassador Rolex ever had, whose endorsement was essential to the model’s universal success.

Reference 16520 ‘Zenith’ Daytona

The reference 16520 ‘Zenith’ Daytona, a stainless steel automatic chronograph wristwatch with bracelet, was presented to Newman in 1995 after winning the GTS-1 class at the 24 Hours of Daytona Race. It is estimated to fetch $500,000 to $1 million at the upcoming auction.

Paul Newman's Rolex Watches Up For Auction in June
Paul Newman after winning the Champ Car World Series Grand Premio Tecate on November 11, 2007 at Autodromo Hermonos Rodriguez in Mexico City Courtesy of Jonathan Ferrey/Getty Images

Newman later auctioned the watch in 1999 during Antiquorum’s ‘Famous Faces’ sale for $39,000 to benefit his charity, The Hole in the Wall Gang, which provides medically supervised summer camps and programs free of charge to children with serious illnesses.

Despite the record sale, Newman was seen wearing the watch again years later, leading many to believe that one of his loved ones had purchased it back for him.

Rolex Reference 116519 Daytona

The white gold automatic chronograph wristwatch with a black dial and inscribed with the message “Drive Very Slowly Joanne” on the case back is estimated to fetch between $500,000 to $1 million at the auction.

The watch is the only precious metal Daytona ever owned by Paul Newman and one of only three known Daytona watches gifted to him by Joanne. Newman wore the watch during the most important moments of his final years, including his final laps at Lime Rock Park on August 13, 2008, where he drove his 700 horsepower GT1 Corvette.

The auction will mark the very first time the watch will be offered on the market and is the last Daytona Joanne ever presented to Paul.

Paul Newman's Rolex Watches Up For Auction in June
Paul Newman pictured at Lime Rock Park on September 28, 2007 Courtesy of Lime Rock Park

Final Thoughts

The appearance of the two historic Rolex Daytona watches owned by Paul Newman at the Sotheby’s auction is a significant event for watch collectors and fans of the Hollywood legend.

The watches bear witness to Newman’s remarkable racing career and his deep passion for the sport. They also narrate the everlasting love he shared with his wife, Joanne Woodward.

Their sentimental and historical value will undoubtedly make them one of the most coveted and highly prized watches in the world.

Images: Sotheby’s

Salon Privé

Salon Privé Magazine is the quintessence of luxury lifestyle journalism, renowned for its sophisticated portrayal of the opulent world since its inception in 2008. As a vanguard of high-end living, the magazine serves as an exclusive portal into the realms of haute couture, fine arts, and the aristocratic lifestyle. With over a decade of expertise, Salon Privé has established itself as the definitive source for those who seek the allure of luxury and elegance. The magazine's content is crafted by a cadre of experienced journalists, each bringing a wealth of knowledge from the luxury sector. This collective expertise is reflected in the magazine's diverse coverage, which spans the latest in fashion trends, intimate glimpses into royal lives, and the coveted secrets of the affluent lifestyle. Salon Privé's commitment to quality is evident in its thoughtful collaborations with industry titans and cultural connoisseurs, ensuring that its narratives are as authoritative as they are enchanting. With accolades that include being voted the number one luxury lifestyle magazine in the UK, Salon Privé continues to be at the forefront of luxury journalism, offering its discerning readership a guide to the finest experiences the world has to offer. Whether it's the grandeur of global fashion weeks, the splendor of exclusive soirées, or the pursuit of wellness and beauty, Salon Privé Magazine remains the emblem of luxury for the elite and the aspirants alike.