I think my favorite – and perhaps the most illustrative – example of how Phillips has helped increase and capitalize on the watch market's year-by-year growth is a look at the amount of million-dollar lots we're seeing. In 2021, Phillips sold 27 watches in the seven-figure space. In 2020? 15 watches. And the year before that, 12 watches. In two years, the amount of million-dollar and multi-million-dollar watch sales at a single auction house has more than doubled.
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