nafetS
1993
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.
Mar 25, 2023,09:02 AM
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 standards. If you really want to get one, you will always have to set yourself a really high limit. A limit that‘s not based on logic, but on your desire to own the watch. If you don‘t want that, you most probably won‘t be successful in buying it. That‘s at least my experience observing these auctions.
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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...
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 ...
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...
Interesting!
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...