In the original printed catalog (link), the Brando GMT-Master initially had an estimate of CHF 1–2 million. Immediately before the sale, the estimate was revised to CHF 3.75–6.5 million. This happened across lots. In the end, the all-in price for the Brando GMT was CHF 4.582 million, i.e., just enough to cover the revised low estimate plus fees.
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