Reply With QuoteThat was a great auction with the auctioneer squeezing every last hundred thousand out of the bidders
Did it ever go public who the buyer was?
I just came upon this fascinating video of the "Paul Neuman" auction. I searched the forums but found no previous thread. This is an amazing auction!
That was a great auction with the auctioneer squeezing every last hundred thousand out of the bidders
Did it ever go public who the buyer was?
Philips, not Christie's. No wonder your phone bid never got through😄
Nice video!
Good video. Very patient with the underbidder! Why was he taking so long!?
That’s a serious amount of cash for any watch. I guess it’s pretty unique but only due to it being owned by the man. There must be quite a lot of PNs?
How many are there in existence?
Didn't he say he had allocated 30 mins for that one watch and the $10m bid saved him 25 mins of work, so he had time to be patient.Originally Posted by mr noble
I don't suppose we will know how many PNs were made, but we do know it was extremely unpopular and a difficult seller. I did hear that old stock could still be bought at some dealerships in the early to mid 80s.
Anything decent now is £100k+ as a starting price.
I believe the winning bidder gave the watch to Rolex for a full restoration. They had it for two years before he got it back and the bill was 20,000 Euros.
R
Last edited by ralphy; 2nd January 2021 at 00:39.
Ignorance breeds Fear. Fear breeds Hatred. Hatred breeds Ignorance. Break the chain.
Hope they refinished the back of the case, engraving can make it difficult to sell sometimes.
Started out with nothing. Still have most of it left.
The auctioneer, Aurel Bacs, has some other videos on YouTube. He certainly made auctioneering look cool with the Paul Newman...
Watched this the other day and even got my wife into it. Neither of us could quite comprehend the numbers involved...
http://www.charlestearle.com/watches...na-paul-newman
Interesting theory, and a few other articles as well that speculates it was Rolex themselves buying it.
Peak decadence.
Someone who lies about the little things will lie about the big things too.
I stopped reading when the man who clearly can’t write starting criticising other people’s writing.
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