Pablo Picasso's Michael Z. Berger Watch

Pablo Picasso was fond of rare, expensive timepieces. But one of his favorite watches was a more modest piece from Michael Z. Berger. One of only three examples in existence, the stainless-steel manual timepiece was crafted in 1960 and follows the 12-digit name tradition which replaces the numerals on the dial with the owner's name. Picasso famously wore the watch in iconic portraits from Cecil Beaton. Bonhams auctioned off the watch this weekend where it exceeded its pre-sale estimate by nearly 20x, finally selling for a whopping $267,000.

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