Los coleccionistas se preparan para adueñarse del Rolex Daytona de Paul Newman

Los coleccionistas se preparan para adueñarse del Rolex Daytona de Paul Newman

Assessment

Interactive Video

Business, Architecture

University

Hard

Created by

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The video discusses the auction of a rare Paul Newman watch, estimated to fetch over $1,000,000. The watch, gifted by Newman to his daughter's boyfriend, was thought lost but is now up for auction. The proceeds will benefit the Nell Newman Foundation. The video also covers past record sales and explains the conservative pricing strategy used in auctions to encourage bidding.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the most appealing aspects of participating in an auction?

Fixed bidding amounts

Predictable outcomes

The uncertainty of the final price

Guaranteed high prices

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who originally owned the watch that is now up for auction?

Paul Newman's daughter

Paul Newman's wife

Paul Newman's son

Paul Newman's daughter's boyfriend

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the highest price ever achieved for a wristwatch sold by the auction house?

$2 million

$5 million

$11 million

$3.7 million

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where will the proceeds from the watch sale go?

Paul Newman's personal estate

The auction house

The Nell Newman Foundation

A private collector

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do auction houses tend to estimate conservatively?

To ensure high profits

To guarantee a sale

To discourage participation

To attract more bidders