It was the seventh lot in the Sunday auction, and the bidding was dramatic. The CHF 1 million bid came at 2:26 Central European Time and moved to CHF 1.05 million 19 seconds later. "I am waiting to see what happens next," said Phillips' star auctioneer Aurel Bacs. The tension mounted for two minutes until the CHF
link 1.1 million
link bid came in. Finally, Bacs dropped the hammer, noting "I have
link the absolute honor" of selling the watch bearing the number 00/20.