Horology75
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Has the love for Lange has been lost? Disappointing auction results and low prices being offered by resellers ..
Jun 28, 2020,08:25 AM
Saw the auction results for the beautiful pair and I remember they were for $100k and today in Antiquorum Lange 1 Rose struggled at chf 12500 and double split platinum at chf 47000. What’s happening ???
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I think they can be an investment, but only if...
By: mdg : June 28th, 2020-12:28
...you get very lucky with an early-model independent (Smith, Journe, etc.) or you have millions of dollars to buy only the best and rarest examples. Of course, if the latter, then watches are most likely a small part of a much larger portfolio : )
Not to me...even if I had millions...
By: mdg : June 28th, 2020-12:51
...to 'invest' I would only buy what I liked. And I would make it a rule to wear the damned things. I was addressing the question from the perspective of 'under what circumstances can watches be an investment strategy.' Would love to be so rich I could bu...
My wife keeps telling me how well she's done with Microsoft stock...
By: mdg : June 28th, 2020-20:47
...and I remind her (though she knows this and is much smarter than me) that we've made zero until we sell it : ) Some of us are lucky enough to buy whatever we want and never have to flip or sell for a trade-up watch (not me but I know some very nice peo...
Was 47,000 CHF the Hammer Price on the Double-Split?
By: NickO : June 28th, 2020-09:01
If so, you’d have to add the Buyer’s Premium (which I think is 25%) to get a final sales price of 58,750 CHF which is about $62K USD. Not great, but better. Of course, that didn’t help the seller as they’re going to receive 47,000 CHF minus the Seller’s P...
The overall watch market
By: watch-er : June 28th, 2020-09:13
is very soft right now particularly the PM dress watch lines. A few segments that are very hot such as SS sports models from a few select brands and Patek complicated vintage pieces create the impression watches overall are doing well, but sadly these are...
Two auctions this weekend, Phillips and Antiquorum...
By: CR : June 28th, 2020-10:11
I don't follow auctions closely but was looking at some of the results. The Luna Mundi pair was quite low, but these were never popular watches. I remember when they were offered new and dealers couldn't sell them. I was offered a pair at a deep discount ...
I agree that it is a slippery slope.
By: als1678 : June 28th, 2020-16:56
I especially think that discussing auction prices is fairly pointless. Often it is nothing more than the egos of two bidders. But I would love for the notion of value, whatever it is, to be more openly discussed here. We are often letting brands get away ...
Journe is not like PP or ALS
By: shafran : June 28th, 2020-10:44
They only make 900 pieces per year. As they catch on with more people the supply is not growing and demand will. Simply not enough to go around. I was told by a reliable source that the boutiques have no more CS or Eegante 48 in stock but have waiting lis...