My AD receives more than 3-4 per year for 5270p. Not to mention 5270/1r where it’s being delivered for 3 consecutive months now. That’s why we see price moving around $150k. Demand is soft whereas supply is abundant.
It was picked up in person. For this kind of super high end watch, forget about delivery, more or less the one and only watch like this. Unfortunately, something unexpectedly happened. I will not go into details.
It’s extremely sensitive. The Chinese guy was advised like a hundred times to keep the watch as secure as possible but he screwed it. Indeed, he would never get a chance to own this piece if not because of COVID-19. Not a money issue at all but this is all I can say. Nothing to do with money launder
I know the whole story of where the watch was purchased from, price it was paid for, who got it first hand and then how it went through to the auction house. All I can say is that this is one big mess up transaction and deal. The promise was broken badly as a result and it already caused a big troub