It’s been a week of milestones, both minor and major. A Patek Philippe became the most expensive watch ever sold at auction (again), the 2016 GPHG awards were announced (well done to all the winners) and Andrew clocked up a significant birthday. All occasions to celebrate. Prost! What happened In what feels these days like a bi-annual update, we now have a new ‘most expensive wristwatch ever sold at auction’, and yup, it’s another stainless steel Patek Philippe. The watch in question – one of only four reference 1518s ever made – sold in 13 minutes for the mind-boggling sum of $11,002,000 including buyers’ fee (that’s more than $14.5 million AUD). This figure far eclipses the 7.3 million CHF that a Patek 5016A-010 sold for at Only Watch last year. Now, we’d normally propose things that are a better buy than a single watch, but today let’s flip it. We’d rather have one steel Patek than nine RGM-84 Harpoon anti-ship missiles. We’d only cause trouble with them. We’d much prefer this watch than to keep 29 asylum seekers on Manus or Nauru for a year. Seriously, anything is better than that. We’d rather have this rare and fine Patek instead of roughly four miles of…
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