Phillips, Christie's, and Sotheby's set records with Rolex, Patek Philippe, F. P. Journe and more. Industry experts tell us why the numbers soared.

But for the aspiring plutocrat determined to make a suitably festive impression, there might be an alternative: Simply invite ...

From holiday stocking stuffers to a coming-of-age first watch, these six new timepieces are all less than $1,000, so they won ...