Phillips has done it again. The auction house shattered another record over the weekend, holding the highest-grossing watch auction in U.S. history. The two-day New York Watch Auction: XIV, held in association with Bacs & Russo, achieved a total of $75.8 million, shattering a record Phillips itself set only last December with a $43.5 million sale. A total of 16 timepieces sold for over $1 million each, according to the auction house. “This season’s results in New York mark a watershed moment for the watch market,” Paul Boutros and Isabella Proia of Phillips said in a statement. “To once again break the record for the ... (full story)