Mar 26, 2023,03:40 AM

Thanks for the color. I think I'll eventually go the auction because it's easy to time with a Europe trip. Don't have much of a reason to go to Dubai smile

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Anyone ever buy an OnlyWatch?

 By: m2 : March 25th, 2023-03:21
Well? Seems like a great way to get a unique piece + support an awesome cause.

I'd love to try attending the auction in person and bidding on something in the future!

 By: jleno : March 25th, 2023-04:00
However, I'm discouraged by the increasing amount of competition. Compare the 2021 auction results with 2019...

Yeah was just looking at 17, 19, and 21.

 By: m2 : March 25th, 2023-04:13
I’m guessing prices drop from 21 like everything else has.

Perhaps things cool down a little this year but I'm not getting my hopes up.

 By: jleno : March 25th, 2023-04:25
The watch market is still very hot, and the independents/microbrands are far more desirable these days than they used to be. A great thing for the charity of course though

With these auctions, it’s not really possible to get a „bargain“ (at least compared to general prices at time of auctioning). There will most likely always be someone willing to spend more than you do.

 By: nafetS : March 25th, 2023-09:02
The prices are not just driven by value, but also by prestige and maybe other factors. Prices in 2019 or 2017 also exceeded the limit i would‘ve given myself at that time, compared to general market prices. They just seem to be a bargain by today‘s standa... 

I suppose everyone's definition of "bargain" is different.

 By: patrick_y : March 25th, 2023-16:27
But I would say in past years, there have been good values or bargains. 2021 was not one of those years. But I would say 2019 and years prior, you'd find some bargains. They weren't GREAT bargains. But they were fair prices at the time. You weren't paying... 

I was bidding in 2021, that year, things were crazy. But buy the watch because you really like it - not to own a one-of-a-kind...

 By: patrick_y : March 25th, 2023-16:20
Money was no longer valuable in 2021, and people were spending it like it was going out of style. Plus, everyone wasn't certain they'd live much longer. I was also surrounded by even more active bidders to my right, front, and back - all of whom were much... 

It was fun. I left while the auction was still ongoing.

 By: patrick_y : March 25th, 2023-18:44
His Serene Highness gave a nice opening announcement. Luc, the founder of Only Watch, is always a wonderful fella to talk to. I spoke with him a little more at Dubai Watch Week later that month in November 2021. You have a lot of very important people in ... 

Sounds like a great time :)

 By: jleno : March 25th, 2023-23:56
In a few more years, perhaps I might take a shot myself!

Hard to say...

 By: patrick_y : March 25th, 2023-19:00
If you're in Geneva for the GPHG awards or the big auctions, the Only Watch Auction is definitely worth attending. I would say, 2021 was an extremely unusual year... You had people whom had come into tremendous wealth due to the pandemic, you also had the... 


 By: m2 : March 26th, 2023-03:40
Thanks for the color. I think I'll eventually go the auction because it's easy to time with a Europe trip. Don't have much of a reason to go to Dubai

Well. I highly recommend the Dubai Watch Week.

 By: patrick_y : March 26th, 2023-04:56
If you're going to make a special trip, DWW is WORTH IT! I flew out there from USA. In COACH. In November 2021! Pandemic time! And at that time, my itinerary took 3 flight segments to get there and 2 or 3 to get back. I stayed in an awful hotel (five star... 

I tried to get the 5712 in Ti,but

 By: MilDiver : March 25th, 2023-08:39
someone outbid me.... and then many others...