Pablo Picasso's personalised wristwatch has sold for £150,000 following a bidding war.

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Pablo Picasso's personalised wristwatch has sold for £150,000 following a bidding war - ten times its estimate.<br />
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The Spanish painter had the timepiece made with the letters of his name as hour markers instead of numbers or Roman numerals.<br />
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He was often photographed in the steel bracelet watch which was produced in circa 1960 by Swiss manufacturer Michael Z Berger.