Bruno.M1
4848
Reality completely gone, the insane overhyped Cartier auction market.
Does anyone have an explanation for the insanely high prices most Cartier pieces achieved at yesterday’s Sotheby’sauction?
In my opinion, Cartier produces fairly average work …and I don’t mean that negatively. I own a Santos myself, but it’s nothing more special than a Rolex, Breitling, or Panerai. They’re all roughly in the same category in terms of quality, finishing, and price.
I also understand that Cartier focuses more on design than on movement finishing, but there are still limits.
A Crash (sorry to the fans) isn’t even remotely attractive to me. But regardless of that, those prices are completely insane for what I would consider a fairly average watch. €200k up to 1 million and even more, for something that, in my view, should be worth more like €30–50k.
What really stood out yesterday is that nearly all of their previously produced oddities achieved absurdly high prices. Yes, estimates can sometimes be conservative, and it’s not unusual for the high estimate to be reached… but when even the high estimate ends up being off by a factor of ten, something very strange is going on, isn’t it?
Reality completely gone, the insane overhyped Cartier auction market.
well at the end of the day
Interesting points of consideration. I was thinking maybe Cartier was buying up their own watches.
I meant retracted after the auction.
Well Vintage Cartier watches are really really hot right now and as much as I love Cartier I have to agree those prices are pure insanity.
History, rarity, cachet, celebrity all play a role.
Each Cartier House was doing their own thing
Wow... several of them closed at close to 10x their high "estimates".
