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In the recently concluded Christie's auction in HK, price of the 1675 GMT for instance was around SGD 5k something.
I think we are about to see a downward trend....
I think we are about to see a downward trend....
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To me , that's good news.Back to the good old days, time to pick up a 1655, another 1665, a gilt 5513, Hopefully a milsub or comex.
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it's gonna be a MAJOR price correction for all watch prices that had been inflated since last year. As of now.... cash is KING!"Time flies like an arrow. Fruit flies like a banana."
--Groucho Marx--
*For faster response, pls direct all questions to my email: destro22bt@gmail.com thanks!Comment
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agree, I am hoping to pick up some at reasonable rates
yep.Originally posted by problmchylde View PostTo me , that's good news.Back to the good old days, time to pick up a 1655, another 1665, a gilt 5513, Hopefully a milsub or comex.Comment
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When is the next HK auction? Time to buy!!!Comment
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next one is at New York City I think
useful to monitor whether this is a consistent trend.....Originally posted by 116520 View PostComment
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BTW, how reliable are these auctions? do they give warranty like 2nd hand dealers? It is very hard to judge a watch just based on its appearance... what if I bought a rolex from this auction and got rejected by our dear RSC???
just TCSS....
Originally posted by Reborn View PostComment
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I think warranty only on authenticity
Originally posted by 116520 View Post
when they grade the watches, they have specifications such as "needs servicing etc". So there is certainly a degree of "risk" in that the piece you are getting may need a major overhaul.....
rejection by RSC - haha - can happen - especially if you go there too often......I think you know what I meanComment
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so must buy coffee for those aunites at RSC... ha ha...
Also, I heard that the commission for those auction houses is around 20%....Comment
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talking about auctions, has anyone bought from the auctions by Dovebid or Borobudur?Comment
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116520, you are certainly a seasoned collector
based on your latest remark. must put two hands together and say "respect respect" like in the old kungfu movies.Originally posted by 116520 View Post
yes, I think there is a charge, probably around 20%. But the site that Osvaldo Patrizzi just started I hear does not charge commission.Comment
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