Rolling Stones Drummer Charlie Watts’ Copy of ‘The Great Gatsby’ Could Sell for £300,000 at Auction

Charlie Watts created the consistent beat for the Rolling Stones as the band’s drummer on every album by the group since 1964, but his first love was jazz.

That passion, alongside a zeal for modern literature, will be on display in a two-part auction at Christie’s of rare-edition books and jazz memorabilia that is expected to fetch more than £2.5 million (US$3.2 million). Watts died in August 2021 at age 80.

Among 500 items to be offered in a live sale on Sept. 28 in London, and in an online sale running from Sept. 15-29, is a copy F. Scott Fitzgerald’s The Great Gatsby, inscribed to MGM screenwriter Harold Goldman as “the original Gatsby,” for an estimate between £200,000 and £300,000. Set in the Roaring ’20s, the novel captures the jazz age of the time.

Watts began collecting jazz memorabilia when he was in his teens, Dave Green, a childhood friend and jazz musician, said in a news release. The collection “reflects his enduring love of the music and the musicians who made it,” Green said.

F. Scott Fitzgerald’s inscription in a copy of The Great Gatsby that’s in the collection of drummer Charlie Watts
Courtesy of Christie’s Images Ltd. 2023

Among the memorabilia are items Watts collected related to saxophonist Charlie Parker, including his Associated Musicians Membership card, contracts for Parker’s Alto Break sessions, and a pair of awards from Down Beat magazine in 1952 that are expected to achieve up to £15,000.

Watts pursued jazz even through his career as the Stones’ drummer, joining his bandmate Ian Stewart, a keyboardist, in the “boogie-woogie” band Rocket 88 in the 1970s. The Charlie Watts Big Band performed globally in the 1980s and in 1993, he released a jazz album, Warm & Tender, with the Charlie Watts Quintet.

Watts’ music collection also includes an annotated score of George Gershwin’s Porgy and Bess, estimated to achieve up to £15,000, and two scores by Irving Berlin. Songs from Top Hat and Songs from Follow the Fleet by Berlin are inscribed to Ginger Rogers, and are estimated to achieve between £4,000 and £6,000.

Other top literature lots include rare editions of books by Agatha Christie, George Orwell, Arthur Conan Doyle, and James Joyce. Christie’s The Thirteen Problems carries an estimate between £40,000 and £60,000.

The range of items will give many Watts fans a chance at owning something the legendary drummer once collected, as prices range as low as £800.

The boom in casual footware ushered in by the pandemic has ended, a potential problem for companies such as Adidas that benefited from the shift to less formal clothing, Bank of America says.

The casual footwear business has been on the ropes since mid-2023 as people began returning to office.

Analyst Thierry Cota wrote that while most downcycles have lasted one to two years over the past two decades or so, the current one is different.

It “shows no sign of abating” and there is “no turning point in sight,” he said.

Adidas and Nike alone account for almost 60% of revenue in the casual footwear industry, Cota estimated, so the sector’s slower growth could be especially painful for them as opposed to brands that have a stronger performance-shoe segment. Adidas may just have it worse than Nike.

Cota downgraded Adidas stock to Underperform from Buy on Tuesday and slashed his target for the stock price to €160 (about $187) from €213. He doesn’t have a rating for Nike stock.

Shares of Adidas listed on the German stock exchange fell 4.5% Tuesday to €162.25. Nike stock was down 1.2%.

Adidas didn’t immediately respond to a request for comment.

Cota sees trouble for Adidas both in the short and long term.

Adidas’ lifestyle segment, which includes the Gazelles and Sambas brands, has been one of the company’s fastest-growing business, but there are signs growth is waning.

Lifestyle sales increased at a 10% annual pace in Adidas’ third quarter, down from 13% in the second quarter.

The analyst now predicts Adidas’ organic sales will grow by a 5% annual rate starting in 2027, down from his prior forecast of 7.5%.

The slower revenue growth will likewise weigh on profitability, Cota said, predicting that margins on earnings before interest and taxes will decline back toward the company’s long-term average after several quarters of outperforming. That could result in a cut to earnings per share.

Adidas stock had a rough 2025. Shares shed 33% in the past 12 months, weighed down by investor concerns over how tariffs, slowing demand, and increased competition would affect revenue growth.

Nike stock fell 9% throughout the period, reflecting both the company’s struggles with demand and optimism over a turnaround plan CEO Elliott Hill rolled out in late 2024.

Investors’ confidence has faded following Nike’s December earnings report, which suggested that a sustained recovery is still several quarters away. Just how many remains anyone’s guess.

But if Adidas’ challenges continue, as Cota believes they will, it could open up some space for Nike to claw back any market share it lost to its rival.

Investors should keep in mind, however, that the field has grown increasingly crowded in the past five years. Upstarts such as On Holding and Hoka also present a formidable challenge to the sector’s legacy brands.

Shares of On and Deckers Outdoor , Hoka’s parent company, fell 11% and 48%, respectively, in 2025, but analysts are upbeat about both companies’ fundamentals as the new year begins.

The battle of the sneakers is just getting started.

Rolling Stones Drummer Charlie Watts’ Copy of ‘The Great Gatsby’ Could Sell for £300,000 at Auction

The pandemic-fuelled love affair with casual footwear is fading, with Bank of America warning the downturn shows no sign of easing.