Picasso's watch, customized with his name on the dial, sells for $270,000

Above is Pablo Picasso's Michael Z. Berger watch custom-made for him in 1960 with the artist's on the dial. You can see Picasso wearing the timepiece in this 1965 portrait by Cecil Beaton. The watch just sold at auction for $267,000, 20 times higher than expectations. — Read the rest