The Rolex 6241 gold Paul Newman is one of the most sought-after specimens in the collecting world. The watch was named after the actor who wore it, and with its stunning exotic dial it has become one of the best investments ever.
The mechanism, as already pointed out in other articles, has always been the subject of study by the pentastellated brand, constantly searching for the best the market could offer.
This Valjoux caliber is among the best that was available in those years, while the watch case, made water-resistant by the great work of the parent company, made it possible to ensure that the components would be well preserved over time.
It is precisely the latter feature that is most coveted by collectors, who are all the more attracted to these objects the more perfect their condition, and therefore extreme their value.
As is well known, the market price is determined by many factors: reliability of the brand, number of watches produced, aesthetic component. The more you combine these factors, the more the rarity and value of the object increases.
The Rolex 6241 Paul Newman encapsulates all these characteristics, being able to boast the name of the most solid parent company in the world, an extremely small run of gold watches compared to steel ones, and a dial of extreme legibility and beauty, an artist's painting of enormous rarity.
As for the association with Paul Paul Newman, the anecdote relates that one day he asked one of his daughters' boyfriends for the time. He replied that he did not have a watch, so the actor gave him his Rolex steel chronograph with an exotic dial.
The item was put aside, but over the years it had great revaluations. Later, realizing the extreme value of his "Paul Newman", the boy called his ex-girlfriend and returned the watch. He was later contacted by a prominent collector. Aurel Bacs, learning of the fact, went to view the item, and it was decided to put it up for auction in New York in the fall, giving half of the proceeds to charity.
The watch will make between $5 million and $10 million, and it is thought that this event will enhance the value of all the Paul Newman and other watches as well.
Now it is up to you to evaluate our specimen of Rolex 6241 gold with exotic dial (Paul Newman) one of the finest watches around.
We enclose photos and, as is our wont, illustrate with a graph the trend in value over the various years, showing the cost the item had originally and the corresponding price today, and pointing out how much over the years it has revalued.
In this case, a standard model cost about 300,000 Liras in 1969/70, corresponding to today's purchasing power of €2723.24. As of today it has reached a value of €300,000, about 110 times more than the initial cost. This shows the great revaluation, and thus the great investment that this watch represents.
We at Bonanno Jewelry have a large collection of Vintage watches.
