Rolex - The New York Watch Auction: NINE New York Saturday, December 9, 2023 | Phillips

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  • Manufacturer: Rolex
    Year: 1967
    Reference No: 6240
    Case No: 1’658’360
    Model Name: Cosmograph Daytona “Paul Newman”
    Material: Stainless steel
    Calibre: Manual, cal. 722-1, 17 jewels
    Bracelet/Strap: Stainless steel Rolex Oyster bracelet, end links stamped 571, stamped 78350 19, max overall length 195mm
    Clasp/Buckle: Stainless steel Rolex deployant clasp stamped 78350 03
    Dimensions: 37.5mm Diameter
    Signed: Case, dial, movement, and clasp signed

  • Catalogue Essay

    In 1965, Rolex created a new member of the Cosmograph Daytona family by introducing the reference 6240. Manufactured exclusively in stainless steel, the reference featured an acrylic bezel to display the tachymeter and was the first "Daytona" wristwatch equipped with screw-down chronograph pushers to provide enhanced water resistance. A “transitional” watch in all senses, the reference eventually evolved to the beloved references 6263 and 6265. Production of the model ended in 1969 with estimates that only 1,700 examples of this rare model were produced.

    The present “Paul Newman” chronograph dates to 1967 and is remarkably well-preserved and exceptionally original. It is fitted with rare and sought-after first generation, chrome-plated brass pushers, known as “millerighe” pushers, a “Mk 1” acrylic bezel, and an original twin-lock 700-series winding crown, characterized by the large Rolex coronet. The dial is beautifully aged with the outer track and the subsidiary dials having acquired a charming ivory hue, complemented by the tonality of the luminous hour markers that are unspoiled. Interestingly, the step to the outer track is very pronounced; The “T Swiss T” designation is, as expected from this time, “sing-a-song,” with tall center and short extremities, giving it a sort of pyramid-like, or “roof top” look, hence its Italian nickname, “a casetta,” which literally translates to “little house” style.

    The ”Paul Newman” Daytona is one of the ultimate chronograph wristwatches, and the reference 6240 is one of the rarest and most sought-after models. This lovely timepiece is a horological treasure and will please even the most discriminating connoisseur.

  • Artist Biography

    Rolex

    Swiss • 1905

    Founded in 1905 England by Hans Wilsdorf and Alfred Davis as Wilsdorf & Davis, it soon became known as the Rolex Watch Company in 1915, moving its headquarters to Geneva in 1919. Like no other company, the success of the wristwatch can be attributed to many of Rolex's innovations that made them one of the most respected and well-known of all luxury brands. These innovations include their famous "Oyster" case — the world's first water resistant and dustproof watch case, invented in 1926 — and their "Perpetual" — the first reliable self-winding movement for wristwatches launched in 1933. They would form the foundation for Rolex's Datejust and Day-Date, respectively introduced in 1945 and 1956, but also importantly for their sports watches, such as the Explorer, Submariner and GMT-Master launched in the mid-1950s.

    One of its most famous models is the Cosmograph Daytona. Launched in 1963, these chronographs are without any doubt amongst the most iconic and coveted of all collectible wristwatches. Other key collectible models include their most complicated vintage watches, including references 8171 and 6062 with triple calendar and moon phase, "Jean Claude Killy" triple date chronograph models and the Submariner, including early "big-crown" models and military-issued variants.

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Ref. 6240
A very rare, fine, and highly attractive stainless steel chronograph wristwatch with “Paul Newman” dial, “millerighe” pushers, and bracelet

1967
37.5mm Diameter
Case, dial, movement, and clasp signed

Estimate
$200,000 - 400,000 
CHF180,000-360,000
€187,000-374,000
HK$1,560,000-3,120,000
S$272,000-544,000

Sold for $279,400

Contact Specialist

Paul Boutros
Deputy Chairman and Head of Watches, Americas
+1 (212) 940-1293
WatchesNY@Phillips.com
 
Isabella Proia
Head of Sale, New York
+1 (212) 940 1285
iproia@phillips.com

The New York Watch Auction: NINE

New York Auction 9 - 10 December 2023