The NY Times recently released an article documenting stories about how people in the US have lost many of their valuables that were stored in safe deposit boxes at their location bank branches. Up until now, we have thought that deposit boxes were a safe place to store our watch collections but this story definitely changes that.

The article documents many stories about these losses, one even explaining how a gentleman lost a “singing bird watch” - a similar one sold in 1999 for about $775,000. Imagine what it would have gone for in today’s auction environment.

The original article can be found here.

Enjoy!