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Talk about a nuclear bid!
tradedollarnut
Posts: 20,198 ✭✭✭✭✭
tradedollarnut
Posts: 20,198 ✭✭✭✭✭
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I thought this was a coin forum?
I was wondering if you bought that Bruce. Did you have Laura do the dirty work
Someone paid 10 million Sacagewea dollar coins for Paul Newman's watch?!
Sold for 17.8 million.
Unique any day over ordinary and ho-hum that anyone with a big pile of money can buy.
I see a Rolex watch as ho-hum and ordinary regardless of who owned it.
Whoever is careless with the truth in small matters cannot be trusted with important matters.
Maybe Carr can strike it into a Timex.
A Timex does the same thing that Rolex does for a whole lot less money.
Whoever is careless with the truth in small matters cannot be trusted with important matters.
Somebody has way too much money to burn.
Kind of cool how the consignor ended up with the watch.
https://bloomberg.com/news/articles/2017-08-23/paul-newman-s-actual-daytona-rolex-has-collectors-gearing-up-to-battle
In the decade after Newman received it from his wife, the Rolex traveled the world with the star, appearing on his wrist in promotional materials, magazines, and documentary footage. Then, in 1984, the star passed it on to an unlikely recipient: James Cox, a college student who dated Newman’s daughter Nell.
That summer, the two men got to know each other as Cox spent several weeks renovating a family treehouse that hung over a creek on Newman’s Nook House property in Westport, Conn. The actor would often come by to check on “the kid” and invite him to grab a bite to eat. On occasion, Cox recalls, Newman introduced him as “family” to visitors such as Martin Scorsese.
“Hey, kid, you know what time it is?” Newman asked one day. Cox had no clue. He didn’t own a watch. “If you can remember to wind this each day, it tells pretty good time,” the actor said, taking the Rolex off his wrist.
“It was kind of astonishing that he gave it to me,” says Cox, 52, who’s selling the watch to raise money for Nell Newman’s nonprofit foundation.
Cox says he wore Newman’s watch proudly for years. But as prices for vintage timepieces began to escalate, he put the token away in a safe deposit box. Although the romance ended after 10 years, Cox remains close with his ex-girlfriend and volunteers as the treasurer of the Nell Newman Foundation.
“The watch was a beautiful gift,” he says. “It’s now my turn to do something beautiful with it.”
1912, 1913. They're both nickels.
--Severian the Lame
@mr1874 said: "Unique any day over ordinary and ho-hum that anyone with a big pile of money can buy. I see a Rolex watch as ho-hum and ordinary regardless of who owned it."
I gave you a disagree but I "pulled it." After all, that's your opinion and silly minority opinions leave me cold.
BTW, as for Rolex watches, they also leave me cold.
@mr1874 said: "A Timex does the same thing that Rolex does for a whole lot less money."
As for this statement, it is mostly true excluding any "complications." My father was a watch repairman in the 1940's and 50's until he moved on to another profession; establishing a company that he finally sold. He collected most of the famous Swiss brands in gold and would not have a Rolex - too bulky! He wore a Timex watch daily.
Exactly.....boy what I could buy with 17M!!!!!
I can understand this as a collector thing. Paul Newman was a motion picture icon. I have never understood the Rolex thing. I paid just over $125 for a Citizen Eco-Driv that has run perfectly for several years. A Rolex is way too thick for my thin wrist. I get the luxury car thing; I drive one and love it. I don't get the luxury watch thing when it does not fit your needs.
You can buy 17 Million presidential dollar coins! While the rest of us only have 39 too many coins .
I don't even wear a watch. I'm retired and don't really care what time it is. If I have to know I can open my "flip" cell phone.
??????
It's nice that he received it partially due to dating Newman's daughter and is now selling to raise funds for her charity.
I bet the engraving on the back helped with the price. It's not just a generic watch, but one that was personalized.
A good watch lasts more than a life time. It travels with you where ever you go. And you can pass it down to next generation when the time come.
...it tells time right. ;-)
I'll take a A. Lange and Sohne any day of the week over a Rolex!
You can buy a lot of watches for over $3,000 or more. I inherited a gold pocket pocket watch from my father that is now over a century old. It's a Waltham, and as the story is told my father's cousin, a New York City attorney, for whom he and I were named, supplied the gold and had the watch custom made. It is beautiful, and I used to wear it when vests were in fashion, but I always worried about getting robbed, which happened to me when I was in graduate school. Heirlooms are nice, but using them every day is not practical.
I gave up my Submariner for a smart watch as a daily wearer a few years ago and I love it. You don't have to pull your phone out to check texts or notifications and you can answer a call and talk on it too although only in more quiet settings. I only wear the Rolex for formal occasions now. Once you go smart watch you don't go back.
Ridiculous.
@DIMEMAN said: "I don't even wear a watch. I'm retired and don't really care what time it is."
Agree! Between fifth grade and ninth grade, I had two watches that had custom dial faces with my name (presents from Dad). Sometime in the ninth grade, I read (Playboy?) that really rich and important folks never needed to have a watch as time did not matter. Since then, I never wore a watch (except evening dress-up) as I wished to seem
important and different...LOL. I realize today that time does matter and I have very little left. 
That's why I still don't wear them. 
Someone has way too much crazy money
I have a few collectable watches. Two Rolexes...my father's Tiffany from 50 years ago. I'm not crazy about any. But the investment hasn't been sour.
All keep great time. But I never wear them.
Lance.
I was recently at a watch store that sold Hubolt watches. They had one that was an exact duplicate of a Ferrari V12 engine that told time. The price was 553,000$ only 20 produced. Impressive. That was a watch. If I could figure out how to post a picture I would.
I quit wearing watching when I was introduced to the Smartphone.
I remember Paul Newman used to be at Elkhart race track in the 60's and early 70's. He would just be sitting there in a lawn chair watching racing.
The Hublot LaFerrari Sapphire watch is pretty cool. I wonder if having the car is a pre-requisite for having the watch.
That thing looks like a robot trilobite attacking that guy's wrist.
Dumb that turned stupid, but oh well. To each their own.
So now it's going back into someones safety deposit box... As who in the heck wears a watch these days?
Totally useless as it's not like it's one of Flavor Flav's clocks you could hang on your wall or in your shower.
Hmmmm, some people spend lots of money for a piece of metal, that they can't use , usually keep it in the safe deposit box or hidden away because they are worried about being robbed, but still collect and spend lots and lots of money on these things because it brings them happiness....wait am I talking about coins or watches..
No in this case it was not too much money but rather a very cool person who I can not say their name as they don’t want their name out there and a very deep desire to contribute as the money goes to Paul’s charity. This is a very cool person and I’ve added congrats to Aurel and Livia it’s good to have you back
Kinda like you, TDN.
RWN. ( Rolex Watch Nut )
``https://ebay.us/m/KxolR5
It is. And time is money.
``https://ebay.us/m/KxolR5
I have always been able to guess the time and am usually within 10 minutes of the correct time. Sun dial head. Rolex branded itself as a sign of “making it” perhaps the trade for a coin is a good sign for us all. I do have a Movado and wear it once in a while. Has appreciated in value but doubt I would ever sell it. It makes me feel like I’m back in Pelham having Pauli start my car and asking him if he can go to a job sit and pick up a check. Oh the good old days.
Best place to buy !
Bronze Associate member
picked up a $10 timex at an estate sale 15 years ago....still ticking
There was probably a thread on the watch forum a few years ago about some guy paying $10 million for a stupid coin
I own a Rolex. 99.99% of the time, it sits in the safety deposit box. I did not buy it, it has been inherited 3 times now, the previous owner being my dad. About the only time it comes out of the box is if my wife has some sort of fancy black tie event, and I have to "Dress Up" which is, in itself, an oxymoron, as when I wear a tux, you can BARELY see if I even have a shirt on, much less a tie, as my beard covers it all.
The only time I wear a watch is when I am outside the US, and do not want to carry the IPHONE, and the $10 cruise ship special watch works fine.
The watch will go to my son, and he can do whatever he wants with it.
I'm glad the money went to charity...
Is $10mil really a nuclear bid if the final sale price is 75% higher than that?
Sounds like more of a token $10mil bid!
I'd rather have this watch:
just to wear to coin shows. About $13,000 Buy It Now on eBay.
OINK
people sure have money to burn thats for sure.
I could probably buy at least four 1894-S dimes with $17.8 M. What's that 40% of the population? Rolex's are a dime a dozen,so to speak, by comparison to 1894-S dimes.
One man's passion is another man's folly?
My watch story is the time I went to a show wearing a flashy watch that a smart ass (can i say that here? looks like I just did lol) dealer asked me how much would i take for it. I paused for a few seconds while looking at his coin offerings in his cases and then told him that it didn't appear to me that he had enough money to buy it from me. har har
Whoever is careless with the truth in small matters cannot be trusted with important matters.
Just make sure you wash it off first.
Well... special collector treasure's always command high prices.... My gold Omega Seamaster will probably not command such a high price when my estate is liquidated.....however, it has served me very well over the years and keeps perfect time...
Cheers, RickO
The flashy watch I wore to the show that the dealer couldn't buy from me is an Elgin. I would sell it for $10 to a person with a good attitude.
Ask $12,take $10.
Whoever is careless with the truth in small matters cannot be trusted with important matters.
From burning man to burning cash.
If ever there was an audience who should appreciate the history and uniqueness of a treasure--especially one with subtle (or not-so-subtle) differences compared to broader, more available items, it should be this one.
We literally fall over ourselves to define and laud the near-imperceptible differences between a worthless MS67 piece of trash and a holy grail MS67+ gold cac.
But we can't appreciate a very fine, handcrafted time piece owned by an icon of the 20th century, with provenance, personal engraving and instead compare it to something purchased at the Five & Dime on the corner?
Really?
I'm not a watch collector. Haven't worn one for 15 years since cell phones started appearing. Maybe that's another similar trait to coins. But I get it. I get that this is an important piece to those within and even outside of the collectible watch hobby.
You can pick up an XF $20 liberty minted in 1860 for melt plus a hundred bucks.
How much do you think this bent, stained XF 1860 $20 liberty would sell for, were it to ever come to market?
--Severian the Lame