bones
200
thoughts about current auction results
Hello all,
I wanted to see what you thought about the latest Antiquorum and Sotheby's auctions? It seems to me that the second hand market is extremely competitive right now and it reminds me of the NASDAQ a couple years ago. The sky seems to be the limit. But will it continue forward or will we perspective buyers get stung by overpaying?
I bought my first new Patek 4 years ago and now I have a few different models. I would love to get a vintage piece, but it seems that pricing continues to increase with each new auction.
It also seems to me that since I first found this forum 1 year ago, more and more new "posters" are chiming in looking for advice on that one watch that will increase in value, rather than buying one for the shear joy of the beauty of the watch. Is it me, or do you see this trend also?
Pat