nikolaj
855
Thanks for sharing your opinion Baron
Nov 11, 2014,05:28 AM
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 often leave a lot to desire, so I have been waiting for expert opinions like yours (even if you are stating as an individual, yours is always an expert opinion to me!).
Your views are interesting. I am intrigued if there is such a thing as a critical mass of top lots in auction, that will drive the prices upwards for other lots in general (and of course the reverse effect is also of interest to a small time collector such as myself
). If your other observation is true; that prices are likely to take another hike in order to lure more premium lots to the market, I can only regret that I did not played a more active role in the recent auction...
Perhaps another conclusion to be drawn could be that in the vintage market the premium for top condition watches is beginning to increase more rapidly than the premium for specific models?
All the best my friend
Nikolaj
Comments:
view entire thread
Thanks for sharing your opinion Baron
By: nikolaj : November 11th, 2014-05:28
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
By: Baron - Mr Red : November 11th, 2014-05:45
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...
I am not that surprised to see prices calming down...
By: amanico : November 11th, 2014-08:31
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
I am not sure prices calmed down.
By: Le Monde Edmond : November 11th, 2014-10:15
It is just the lots were not inspiring. Mediocre watches (quality) fetch mediocre prices. Quite simple. best Edmond
See things the same as you
By: Le Monde Edmond : November 11th, 2014-10:13
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
By: marcello pisani : November 12th, 2014-04:20
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 ...
By: marcello pisani : November 12th, 2014-08:19
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
By: Bill : November 13th, 2014-19:02
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 !!!
By: marcello pisani : November 14th, 2014-23:10
many collectors have the same feeling .. at least the few dozens that has sent me an email in the last days.
But here is the irony.....
By: Baron - Mr Red : November 15th, 2014-09:23
.....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...