14 Nov '17, 10am

Movie star Paul Newman's Rolex watch sells for a whopping record $18m

Movie star Paul Newman's Rolex watch sells for a whopping record $18m

Image copyright Phillips Auction House Image caption The watch had been expected to sell for $1m A Rolex watch belonging to the late Hollywood star Paul Newman has sold for a record price at auction in New York. The watch was given to him by his wife Joanne Woodward as they filmed the 1969 movie Winning together. Newman, who died in 2008 aged 83, later used it to time car races in which he took part. The stainless steel watch was sold to an unnamed telephone buyer for $17.8m (£13.6m) - much more than the $1m it had initially been expected to fetch. It is a record for a wristwatch sold at auction, but a Patek Philippe pocket watch sold for more than $24m in 2014. Image copyright Getty Images Image caption Woodward and Newman in 1958 - before the Rolex was bought In Winning, Newman played a racing car driver, a role which spurred his interest in the sport. He went on to take...

Full article: http://www.bbc.co.uk/news/world-us-canada-41787046

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