Important Watches: Part I

Important Watches: Part I

View full screen - View 1 of Lot 86. Daytona 'Paul Newman Red Panda', Reference 6240 | A stainless steel chronograph wristwatch with bracelet restored by the Rolex Atelier de Restauration | Circa 1968.

Rolex

Daytona 'Paul Newman Red Panda', Reference 6240 | A stainless steel chronograph wristwatch with bracelet restored by the Rolex Atelier de Restauration | Circa 1968

Auction Closed

May 11, 11:29 AM GMT

Estimate

200,000 - 400,000 CHF

Lot Details

Description

Dial: white exotic

Calibre: cal. 72B manual winding, 17 jewels

Movement number: 4'823

Case: stainless steel, screw-down case back

Case number: 1'439'142

Closure: stainless steel Rolex Oyster bracelet and folding clasp

Size: 37 mm diameter, bracelet circumference approximately 180 mm

Signed: case, dial and movement

Box: yes

Papers: no

Accessories: Rolex Atelier de Restauration booklet and presentation case with outer packaging

Introduced in the mid-1960’s, the reference 6240 was the first Daytona to incorporate screw-down pushers and thus became the first true waterproof Cosmograph model to be produced by Rolex. Manufactured solely in stainless steel, the chronograph also features an acrylic tachometer bezel calibrated to 200. There were a few different dial variations found on the reference 6240. 

To most Rolex collectors today both new and old, a Paul Newman Daytona is a must have in their collection. The ‘exotic’ dials created by Rolex in the 1960s have driven vintage watch collecting to new heights with its desirability and rarity. However it was not always so.

 

Characterized by contrasting color sunken sub-dial registers with Art Deco style 15/30/45/60 numerals and square-tip ‘lollipop’ hash marks, the iconic design is immediately recognizable. It was perhaps this bold design that first put off Rolex clients from timepieces featuring the exotic dials. Due to its unpopularity, production was limited.


The moniker ‘Paul Newman’ Daytona was coined due to its association with the actor and race car driver Paul Newman who famously sported a Rolex with this dial configuration. Gifted from his wife Joanne Woodward, Paul Newman frequently wore his Rolex Reference 6239 during his racing career. 


This present 6240 Paul Newman is unlike any other seen until today. Indeed, the watch is fitted with a MK1 Panda dial featuring a big red Daytona designation. Consigned from a private collection, this is a most exciting discovery. The watch is coming with the service booklet from Rolex including pictures of the watch with this very dial, hence attesting the acceptation from the manufacture of this highly unusual piece.


The present watch is offered in very good overall condition. It has been restored by Rolex's bespoke restauration service, The Rolex Atelier de Restauration'.