Paul Newman Live Stream 14 mill plus already!

3cGT · Post by **3cGT** » Thu Oct 26, 2017 3:30 pm

https://www.hodinkee.com/articles/phill ... ive-stream

Chocodove · Post by **Chocodove** » Thu Oct 26, 2017 3:55 pm

Ended at $15.5m.

Heuerville · Post by **Heuerville** » Thu Oct 26, 2017 4:03 pm

15.5 mil + about 4mil costs..

Heuerville · Post by **Heuerville** » Thu Oct 26, 2017 4:04 pm

There was a Speedmaster that went for 150 grand - who's was that?

ericf4 · Post by **ericf4** » Thu Oct 26, 2017 4:23 pm

Shits whack. You could buy his corpse for less I'm sure on the dark web.

Sent from my SM-G955U using Tapatalk

MikeyLikesIt · Post by **MikeyLikesIt** » Thu Oct 26, 2017 6:05 pm

Heuerville · Post by **Heuerville** » Thu Oct 26, 2017 6:12 pm

Billionaires swinging their dicks..

For those that didn't watch it.. bidding started at a big bold $1 Mil.. room went silent.

Another bidder said '$10 Mil' straight away.

The auctioneer was like

.
The rest is history.

Chocodove · Post by **Chocodove** » Thu Oct 26, 2017 6:26 pm

I guess these one of a kind historical pieces are worth whatever anyone will pay for them, and if you’re a watch guy with that kind of money and love Rolex, this one truly is “the one”.

That being said, the $10m guy is a bellend and outbid himself multiple times over right from the start.

I’m sure when this resurfaces in however many years it will go for more.

Grahamcombat · Post by **Grahamcombat** » Thu Oct 26, 2017 6:27 pm

Buyer should throw that thing on a ToxicNATO and upload a pic on WUS of showering and then mowing the lawn.

Sent from my iPad using Tapatalk Pro

MikeyLikesIt · Post by **MikeyLikesIt** » Thu Oct 26, 2017 6:33 pm

^^I just fainted and soiled myself thinking about that

Nomadz · Post by **Nomadz** » Thu Oct 26, 2017 6:38 pm

Its was actually almost 18 million....... WTF.

HapaHapa · Post by **HapaHapa** » Thu Oct 26, 2017 6:41 pm

Or put it on the roof of his Ferrari drive away dukes of hazard style. Oops new Air King for T.

greenlightning · Post by **greenlightning** » Fri Oct 27, 2017 7:49 am

I'm sure many have already read this, but thought it was interesting

https://gearpatrol.com/2017/10/26/paul- ... interview/

Chocodove · Post by **Chocodove** » Fri Oct 27, 2017 8:07 am

greenlightning wrote: ↑
Fri Oct 27, 2017 7:49 am
I'm sure many have already read this, but thought it was interesting

https://gearpatrol.com/2017/10/26/paul- ... interview/

That's a great read and I hadn't seen it. Thanks for sharing.

nweash · Post by **nweash** » Fri Oct 27, 2017 9:28 am

What are these “costs” attached to the 15.5 mill?

Chocodove · Post by **Chocodove** » Fri Oct 27, 2017 10:52 am

nweash wrote: ↑
Fri Oct 27, 2017 9:28 am
What are these “costs” attached to the 15.5 mill?

I assume buyer's premium? Money to the auction house tacked on based on a percentage of the hammer price.

Joeprez · Post by **Joeprez** » Fri Oct 27, 2017 11:00 am

Heuerville wrote: ↑
Thu Oct 26, 2017 6:12 pm
Billionaires swinging their dicks..

For those that didn't watch it.. bidding started at a big bold $1 Mil.. room went silent.

Another bidder said '$10 Mil' straight away. The auctioneer was like .
The rest is history.

Not saying it was fixed... but why do that?!?

mellonb1 · Post by **mellonb1** » Fri Oct 27, 2017 11:07 am

Chocodove wrote: ↑
Fri Oct 27, 2017 10:52 am

nweash wrote: ↑
Fri Oct 27, 2017 9:28 am
What are these “costs” attached to the 15.5 mill?
I assume buyer's premium? Money to the auction house tacked on based on a percentage of the hammer price.

Yup! And probably a seller's premium too! Many of the auto auctions (Barrett-Jackson, Mecum, etc.) have a buyer and seller 10% fee at the hammmer.

Grahamcombat · Post by **Grahamcombat** » Fri Oct 27, 2017 11:09 am

Joeprez wrote:
Heuerville wrote: ↑
Thu Oct 26, 2017 6:12 pm
Billionaires swinging their dicks..

For those that didn't watch it.. bidding started at a big bold $1 Mil.. room went silent.

Another bidder said '$10 Mil' straight away. The auctioneer was like .
The rest is history.
Not saying it was fixed... but why do that?!?

Why not? Bidding an immediate 10M cuts out all of the b.s. waiting to get to 10M. It also establishes who is actually in the game and who isn’t: you’ve got to narrow the field at some point, so why not start there?

Sent from my iPad using Tapatalk Pro

Joeprez · Post by **Joeprez** » Fri Oct 27, 2017 11:15 am

It's the accountant in me, thinking about getting it as cheap as possible. Probably not an issue for the bidders (I would be set for life with $15M).

gr8sw · Post by **gr8sw** » Fri Oct 27, 2017 3:30 pm

buyer was probably one of these dickheads

from Wall St. Journal:
ZURICH—The world’s billionaires are richer, older and more sports-obsessed than ever.

Asia’s billionaires outnumbered those in the U.S. last year for the first time, driven by strong growth in China, according to a new report by Swiss banking giant UBS Group AG and global consulting and accounting firm PwC.

It was a banner year for the richest of the rich, with their total wealth up 17% in 2016 to $6 trillion after a slight decline in 2015, far exceeding the percentage increase in global equity markets and world economic growth.

The world’s ultrawealthy, led by Asia, have increasingly gobbled up professional-sports teams to invest some of their billions, as the soaring price of those franchises put them out of reach for mere megamillionaires.

The number of Asian billionaires increased by 117, or 23%, to 637 in 2016. In contrast, the ranks of U.S. billionaires rose by just 25, or 5%, to 563, according to the report. Europe’s billionaire ranks were little changed at 342.

Asia's Rise
Asia's billionaire ranks topped the U.S. for the first time in 2016, as new entrants to the list farsurpassed those that fell off it.

“Three-quarters of the newly minted billionaires are from [Asia’s] two biggest economies—China and India,” the report said, with China adding a net 67 billionaires to 318 and India’s increasing by 16 to 100.

And in Asia, they are younger than most, with China’s billionaires averaging 55 years old, more than a decade younger than their U.S. and Europe counterparts. Globally, the average billionaire is 63 years old, up three years from two decades ago.

Despite the U.S. falling from the top spot, it still has the most wealth concentrated among billionaires at $2.8 trillion. But that may not last, either. UBS estimated that the total wealth of billionaires in Asia could surpass that of the U.S. in four years.

RELATED

Rich List: China Has Almost 100 More Billionaires Than the U.S. (Oct. 12)
The figures in the report were based on a database of more than 1,500 billionaires.

The report also identified a new haven among the world’s billionaires: sports franchises, including soccer, baseball and basketball.

“According to our analysis, more than 140 of the top sports clubs globally are owned by just 109 billionaires,” the report said, with 60 coming from the U.S., 20 from Europe and 29 from Asia, which accounted for more than half of the sports-club purchases made by billionaires in the past two years.

“And owning a sports club is not for your fledgling billionaire—the average sports baron is 68 years old with a wealth of $5 billion,” the report said.

Two-thirds of U.S. basketball and football franchises are owned by billionaires, as are just under half of U.S. Premier League soccer clubs.

“As the price tags on sports clubs appreciate, often it’s only billionaires who have the financial firepower to buy them and make the necessary follow-on investments,” the report said.

Write to Brian Blackstone at brian.blackstone@wsj.com

Chocodove · Post by **Chocodove** » Fri Oct 27, 2017 3:35 pm

Speculation on TRF is that Rolex bought it based on some of the comments the auctioneer made. Would fit into the charity aspect of the Wilsdorf Foundation since proceeds from this went to Newman’s charity, but then again they aren’t really known to care about their history. Who knows

Heuerville · Post by **Heuerville** » Fri Oct 27, 2017 4:20 pm

Who knows!
I know that I, and most of you see shit like this, and are guilty as seeing it as utter frivolous dick swinging and a waste of $, but to be honest.. If I was a (1bn) billionaire, and my wealth was going up my 5% per annum for doing fuck all (that's approx 1 million a week), then I'd probably buy it, in the same way I might buy a g-shock or Seiko now.
Different rules I guess.

Nick - auction buyers premiums vary from auction house to auction house, but it's typically 20% with all costs added up.( This is based on regular priced watches, not multi-million stuff!!)

gamecock111 · Post by **gamecock111** » Fri Oct 27, 2017 5:02 pm

There is a bidder right now on WUS asking if it would be ok to shower with it if he wins

JP Chestnut · Post by **JP Chestnut** » Fri Oct 27, 2017 5:07 pm

Joeprez wrote: ↑
Fri Oct 27, 2017 11:00 am

Heuerville wrote: ↑
Thu Oct 26, 2017 6:12 pm
Billionaires swinging their dicks..

For those that didn't watch it.. bidding started at a big bold $1 Mil.. room went silent.

Another bidder said '$10 Mil' straight away. The auctioneer was like .
The rest is history.
Not saying it was fixed... but why do that?!?

Because that's what badasses do in movies, and the goal of modern life appears to be to live like a movie.

The Dive Watch Connection