Does it take two to tango?....

Oct 09, 2007,02:04 AM
 

Interesting article. Although it was somewhat common knowledge, I didn't know Antiquorum/Patrizzi and the brands were somewhat open about it. Nor did I have any idea to which extent it was happening, but the article and the list of watches seem to indicate it happened (happens) a lot. Does anyone know if Patek bought the two world record watches, the platinum world timer and the graves?

What the article doesn't say if it takes two to tango. With other words, are the brands bidding against a private buyer until he bails out or are they bidding against themselve until the price seems right?

Although the Patek Museum must be really nice with all those unique watches being bought by Patek, I always feel there is some romance to a private collection. I like the idea of a watch being sold, dissapearing in a private collection, staying there for 40 years and then popping up again, surprising collectors around the world. I hope the Patek 1463/1563 up for sale in an upcoming auction by Antiquorum ends in a provate collection, I believe Patek already bought the Duke Ellington 1563 some years ago...

Regards,
Joram


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How Top Watchmakers Intervene in Auctions (esp. Patek)

 
 By: octagonPower : October 8th, 2007-13:07
sorry to post this link to the wall street journal online, but you patek fans will hate to read this! Patek SELF-OVERHYPE?!??! online.wsj.com

I agree this is nothing new but the outcome of the legal action may affect some brands.

 
 By: Ling : October 8th, 2007-17:41
As reported, Mr. Patrizzi is challenging the new Board in a legal action. This will determine the direction of Antiquorum in future. If his challenge fails, Mr. Tsukahara will lead Antiquorum in a different direction from that of Mr. Patrizzi (this conclu... 

Interesting...

 
 By: happy_wis : October 8th, 2007-18:40

3940 Reality

 
 By: TomP : October 12th, 2007-06:23
Patek goes to great lengths to keep its production secret. Howver, the 3940, a watch made for 20+ years will have over 10,000 examples in existence. if every "Authorized Dealer" sold only 1 per year multiplied by 20 year multiplied by hundreds of dealers....