Why are Stainless Steel Watches so Collectible and Expensive?

On a chilly day typical of Geneva’s winter in November 2016, Phillips set the world record for the most expensive wristwatch ever sold at auction when the hammer came down on the Patek Philippe ref. 1518 in stainless steel (pictured above). Including fees the incredibly rare timepiece from 1944 sold for SFr11.0m, or just over US$10.7m. Though the […]

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8 years ago