Page 81 - Forbes - Asia (June 2018)
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Forbes Life                                                                     OUT OF THE ASHES



















           Long Live McQueen




           For years, Steve McQueen’s Rolex Submariner was presumed lost. Then it was
           destroyed in a fire—until it wasn’t. Now the King of Cool’s timepiece has reemerged
           and will go up for auction in October. The secret history of a grail watch.

           BY MICHAEL SOLOMON

                or more than half a century, Steve McQueen and Paul   them on display.”
                Newman have been cosmic twins of masculinity. Box-  he watch Eisenberg sought, however, wasn’t the one for
                oice rivals throughout the sixties and seventies—they   which McQueen is best known—a Heuer Monaco, which was
          Fwould have starred in Butch Cassidy and the Sundance   actually just a prop for his 1971 racing movie, Le Mans. But
           Kid but couldn’t agree on who would receive top billing—  the McQueen mystique has made that timepiece a classic and
           the actors were also revered for their ofscreen passions: rac-  collectible for decades. In 2012 a Monaco he wore in the ilm
           ing cars, riding motorcycles and collecting watch-        sold at auction for nearly $800,000. Ofscreen, Mc-
           es. Years a er their deaths—McQueen died at 50 in         Queen was frequently photographed wearing his ac-
           1980, while Newman passed away in 2008 at 83—the          tual watch: a ref. 5513 Rolex Submariner, circa 1964.
           two men still regularly compete over the ever-escalat-      Now Phillips will bring that watch to auction on
           ing prices of their memorabilia.                            October 25 in New York.
             Last October, Paul Newman’s 1968 Rolex Dayto-                 Like the Newman watch, McQueen’s Subma-
           na—with a white-and-red “exotic” dial that came                riner has a fascinating history, one that com-
           to be known as the Paul Newman Daytona sim-                    bines elements from two of his most famous
           ply because he wore it—sold at Phillips auction                 movies, he Great Escape and he Towering
           house in New York for an astonishing $17.8                      Inferno, and even involves a stuntman. He
           million. he price was not only a record for a                   bought the watch in the mid-1960s, when
           Rolex at auction but also the highest amount                    it would have cost around $250, and also
           ever paid for a wristwatch at auction.                         owned another model, a ref. 5512 Submari-
             More than a year before the gavel came down                 ner from 1967 that brought $234,000 at an An-
           on Paul Newman’s Paul Newman, Michael Eisen-                 tiquorum auction in 2009.
           berg, a Beverly Hills real estate broker and developer        Some time in the late 1970s, McQueen gave the
           who is also a prominent memorabilia collector, was        older Submariner to his favorite stunt double, Loren
           privately negotiating with the consignor of the Day-      Janes. he pair had been working together since
           tona, a deal that would have kept it from ever going      1958, when McQueen was making the TV series
           on the block. “I really wanted to buy it,” the 53-year-   Wanted: Dead or Alive. Over the next two decades,
           old Eisenberg recalls. “I had the money, but obviously it wasn’t   in 19 movies—including Bullitt, he Getaway and he hom-
           anywhere near the money the watch sold for.”      as Crown A air—Janes performed some of McQueen’s most
             He also soon began a quest for another so-called grail   memorable stunts. hat iconic ten-minute car chase in Bullitt,
           watch—one owned by McQueen. “he idea was to join the two   where  McQueen careens through San Francisco in a 1968 Mus-
           watches—then I’d have Butch and Sundance,” says Eisenberg,   tang? It was actually Janes behind the wheel.
           who wears a Rolex 1675 GMT Master with a root beer dial   To show his gratitude for Janes’ work and friendship, Mc-
           and bezel. “And I would never sell them. I’d tour them and put   Queen also had the case back engraved—LOREN, THE BEST



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