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At a certain point - say, around the million dollar-mark - a watch transcends "Exorbitantly expensive" and moves into its own category of horological insanity There's no common name for this category of watches, but the general theme is, "Who in the hell would pay that much for a watch?" Someone who buys race horses like they're a pack of gum at the checkout counter; someone whose yachts tow little yachts behind them, for entering lagoons that are too small for the primary yachts Which means there's an argument to be made that the following watches are not worth all that much - at least to their owners.
The 56-02 Sapphire was created in 2014, after the brand's first sapphire-cased watch was deemed not cool enough, apparently Given Newman's cool cachet, it wasn't all that surprising when the watch hammered for $17+M including the buyer's premium 1518 in Steel - $11+M.
The watch that Paul Newman's Daytona topped was another one in steel: the Patek Philippe 1518 perpetual calendar and chronograph Vacheron Constantin Kallista - $11M You're not buying all these watches for yourself, are you? If you need something for your special lady friend, check out the Kallista, which Vacheron made in 1979. Source