Important Watches: Part I
Important Watches: Part I
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'.