Wow! Vintage Rolex prices can go down as well as up! My take on the recent auction.....
Lot XXX - Not for Sale PuristS has a policy of not talking about the price of watches. For example, its not forum policy to discuss the attraction (or not) of a watch that is about to be auctioned. On the other hand, discussing an auction after the event ...
Thanks for sharing your opinion Baron
I had been wondering about the seemingly conservative estimates and followed some of the auction from the side line. I am in no way qualified to judge the quality of the lots solely from the "mug shots" provided in the catalogue, and the condition reports...
Hey Nikolaj....i take a different slant
I think the price for quality vintage is extremely strong, but the price for lower quality is not being driven by the same demand. Look at yesterday's auction....for many lots, there were NO telephone bidders at all. Demand for mediocre pieces was very lo...
J.. Very educative thoughts.. and a pretty sharp analysis.. Food fir thoughts, as well
.. increasingly , although it's a still on a quite modest & humble level, I started to develop a deeper understanding of your, Nico's advice & some others' positions & opinions. - To be honest, my 1675 GMT Vintage/gilt took me more than 2 years and it's e...
I am not that surprised to see prices calming down...
High or down, that doesn't mean a lot.... It dépends on many factors... Bidders, quality of the watches, history sometimes, well.... If you see a DRSD MK II PP Brown dial for 10 K Euros, I am in! :) :) :) All the best, my friend. Nicolas
Prices on the MK2 tropic PP have indeed collapsed....
......from 30 quadrillion down to just 100 billion.....
I am not sure prices calmed down.
It is just the lots were not inspiring. Mediocre watches (quality) fetch mediocre prices. Quite simple. best Edmond
See things the same as you
Joe- well written. I was in the auction room and despite the auctioneer being quite capably, the auction seemed to 'drag' on. I think the biggest problem was twofold: 1) The quality was just not there. 2) I also think that lack of Rolex leadership at Chri...
well usually
final value depends on quality but also on originality .. LOL LOL LOL here is a clean example of a fake " explorer dial " that went happily unsold : ...
but on the contrary ...
a blatant fake " explorer " dial for 5513 was sold ( btw at a price much lower than genuine ones .. LOL LOL LOL ) : simply incredible ! ...
A Great POV on Rolex auctions
Supply and quality. The demand is always there when the ingredients are right. It seem also dealer tweets can have an affect on the market as it seems to have spooked buyers away. I am not talking specifics as I was not there but it seems enough doubt rub...
for sure !!!
many collectors have the same feeling .. at least the few dozens that has sent me an email in the last days.
It sucks the fun out of collecting
But i am still in. I use my best judgement. And still make mistake but enjoy the journey.
But here is the irony.....
.....people seemingly pay MORE money for a watch that kills you with radiation!! I remember once that the issue of global warming was being debated in the UK parliament....this was when it wasn't really understood. One politician stood up and asked...."So...
