Arnold Schwarzenegger’s undeclared watch fetches $294K at climate auction | CNN
Arnold Schwarzenegger’s undeclared watch recently fetched a staggering $294,000 at a climate auction. The watch, which had the potential to incur taxes, led to an unfortunate incident with customs officers. According to a source close to the actor, the officers failed to get a credit card machine to work and eventually had Schwarzenegger withdraw cash from an ATM to pay. While this may seem like a comical situation, it raises some interesting questions and observations.
Firstly, one cannot help but wonder if the value of the watch was driven up by the publicity surrounding this incident. It’s not uncommon for news stories like this to pique the interest of collectors and enthusiasts, leading to increased demand and ultimately a higher price.… Continue reading