A very strong performance by Patek on many models so far, including an R gold 1518 (!) that fetched over $3.3M ;-) Here's the link to the auction, which will continue tomorrow from lot 110 on:
Of course there's no guarantee that's how the market will consistently perform going forward, but these are certainly excellent signs for Patek, FPJ and also Rolex given the troubled times ;-) Cheers.
I have been discussing the results with many knowledgeable collectors and auction goers for many years and it is very clear that something is VERY fishy here. A Batman and a Pepsi of ZERO significance hammered at DOUBLE high secondary market price. Many o...
I also heard similar "rumors" about this auction (and about many of the lots involved, not just Rolex or Patek), but really nothing beyond rumors. Unless of course these results turn out to be bogus -- which is in theory always possible with auctions, but...
I have been following auctions since 2008 and have an excel program and tracker for ALL results by model, reference, etc... This auction is ALREADY an outlier. We can communicate offline or via PM if you like since I don't want to tarnish this thread in a...