The world record holder for the most expensive wristwatch ever sold at auction isn't a lavishly appointed timepiece encrusted in diamonds or encased in 24-karat gold. Instead, the title belongs to a relatively understated, stainless steel watch made by Patek Philippe in 1943. In November 2016, the watch went for a staggering $11 million to an unnamed private collector, courtesy of the Geneva branch of the Phillips auction house.


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