Musings · Watches

What’s it Worth?

I’m sure by now everyone has read about the recent auction of Paul Newman’s Rolex Daytona which sold for 17 million US dollars and I’m reading about it online and having discussions with people about it and the question that is always asked is: Is it really worth it? In the context of this particular watch, probably not to me or a lot of other people, but it was worth it to someone because that’s what they paid.

And really you can apply that logic to a lot of the watch world. To pay a few thousand to tens of thousands of dollars for an antiquated device that “just tells the time” seems absurd, but then if that’s what you think, you are really just missing the point.

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