Long term, I think this is poor investment. The younger generation has no idea who Paul Newman was. Will the watch retain its value to 20, 30, or 40 years, when his fan base dwindles?
@desslok said:
Long term, I think this is poor investment. The younger generation has no idea who Paul Newman was. Will the watch retain its value to 20, 30, or 40 years, when his fan base dwindles?
This is often/usually true in the collectables fields, such as autograph collecting. Certain celebrities transcend generations though, though, and remain strong. Examples are Marilyn Monroe. Elvis Presley, and Princess Diana.
That's 1860 double eagle that was recovered from "The Huntley." The price would be very high, it is permanently in a museum.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
I have only been reading and watching non-fiction. I can't recall an uplifting Paul Newman drama though he was very popular and know many people who would see him in Westport. I worked for a tree man who worked on his and Hotchner's property.
@mustangmanbob said: "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."
When wearing dinner attire, many watchless dandies let their studs and cufflinks make the impression.
In the 1980's my boss sold his gold Vacheron Constantin Chronograph right off his wrist to another dealer at a show. I paid about $400 for it at the shop to give to my father. Fat chance, the boss was part Swiss and he had it reconditioned at the factory. Cannot remember if he got $18,000 or $24,000. He's dead now.
@desslok said:
Long term, I think this is poor investment. The younger generation has no idea who Paul Newman was. Will the watch retain its value to 20, 30, or 40 years, when his fan base dwindles?
Sure they do. He's the dude that makes salad dressing.
@logger7 said:
I have only been reading and watching non-fiction. I can't recall an uplifting Paul Newman drama though he was very popular and know many people who would see him in Westport. I worked for a tree man who worked on his and Hotchner's property.
Check out "The Verdict," which provided Paul Newman with his only Oscar winning best actor performance. It's about a down and out lawyer who wins a legitimate malpractice suit against a corporate giant. You might be cheering at the end. The film debuted in 1982.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
The 1860 Double Eagle, the possession of the Confederate captain of the first submarine to sink an enemy ship, (an unfortunately itself as well) would appeal to a wide range of collectors. I suspect bidding would be very, very active and the price realized would be astronomical. The Double Eagle was recovered from the wreckage of the submarine when it was raised some years back.
Absolutely unique item with bullet proof provenance with considerable demand from art, time piece, race car, celebrity, and movie memorabilia collectors. Certainly more history and notoriety with this watch than say ALL of the 1913 Lib nickels combined.
In the following decade, the watch traveled the world with the actor, appearing on his wrist in promotional materials, magazines and documentary footage. It became so synonymous with the Hollywood legend that vintage-watch aficionados dubbed the model after him.
Fresh to the market as its whereabouts were generally unknown for the past 30 yrs. You could probably "toss in" one or two of Newman owned or related race cars for another 2-15%.
As a watch collector, I can appreciate that- it's a very cool watch with a cool story. Though I would like a vintage Rolex some day, I'll stick to collecting Omegas and Accutrons until I can afford one.
You Suck! Awarded 6/2008- 1901-O Micro O Morgan, 8/2008- 1878 VAM-123 Morgan, 9/2022 1888-O VAM-1B3 H8 Morgan | Senior Regional Representative- ANACS Coin Grading. Posted opinions on coins are my own, and are not an official ANACS opinion.
Comments
Long term, I think this is poor investment. The younger generation has no idea who Paul Newman was. Will the watch retain its value to 20, 30, or 40 years, when his fan base dwindles?
You can't find a Seiko at the five and dime.
You have to move up to the rarified aura of the quarter and half.
This is often/usually true in the collectables fields, such as autograph collecting. Certain celebrities transcend generations though, though, and remain strong. Examples are Marilyn Monroe. Elvis Presley, and Princess Diana.
But did it take a licking?
That's 1860 double eagle that was recovered from "The Huntley." The price would be very high, it is permanently in a museum.
If the bid for this watch ALSO included one of (or maybe a two or three) the race cars that Mr. Newman owned or raced....then YES....great bid!!
This Wednesday, Nov 1st, is the 50th anniversary of the release of what great film?
Lance.
I have only been reading and watching non-fiction. I can't recall an uplifting Paul Newman drama though he was very popular and know many people who would see him in Westport. I worked for a tree man who worked on his and Hotchner's property.
This one.
@mustangmanbob said: "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."
When wearing dinner attire, many watchless dandies let their studs and cufflinks make the impression.
In the 1980's my boss sold his gold Vacheron Constantin Chronograph right off his wrist to another dealer at a show. I paid about $400 for it at the shop to give to my father. Fat chance, the boss was part Swiss and he had it reconditioned at the factory. Cannot remember if he got $18,000 or $24,000. He's dead now.
Sure they do. He's the dude that makes salad dressing.
.
We need a grooooann smiley.
Check out "The Verdict," which provided Paul Newman with his only Oscar winning best actor performance. It's about a down and out lawyer who wins a legitimate malpractice suit against a corporate giant. You might be cheering at the end. The film debuted in 1982.
You're right Bill, great film.
The 1860 Double Eagle, the possession of the Confederate captain of the first submarine to sink an enemy ship, (an unfortunately itself as well) would appeal to a wide range of collectors. I suspect bidding would be very, very active and the price realized would be astronomical. The Double Eagle was recovered from the wreckage of the submarine when it was raised some years back.
Absolutely unique item with bullet proof provenance with considerable demand from art, time piece, race car, celebrity, and movie memorabilia collectors. Certainly more history and notoriety with this watch than say ALL of the 1913 Lib nickels combined.
In the following decade, the watch traveled the world with the actor, appearing on his wrist in promotional materials, magazines and documentary footage. It became so synonymous with the Hollywood legend that vintage-watch aficionados dubbed the model after him.
Fresh to the market as its whereabouts were generally unknown for the past 30 yrs. You could probably "toss in" one or two of Newman owned or related race cars for another 2-15%.
Rolex bought the watch for their private collection. I sold them a watch about 5 years ago...maybe I should have waited! Nuclear bid!
A watch in a jar of water, circa 1959; Takes a licking, keeps a ticking......this thread should be dropped in a jar of water. And drowned. Ridiculous!
As a watch collector, I can appreciate that- it's a very cool watch with a cool story. Though I would like a vintage Rolex some day, I'll stick to collecting Omegas and Accutrons until I can afford one.