WatchProSite|Market|Digest
WatchProSite|Market|Digest

Patek Philippe

Agree and Disagree...

 

I agree in the sense that in life, 'caveat emptor' is obvious, or it should be obvious...  But we're not talking about buying watches from some guy on the corner in a trenchcoat.  This is Antiquorum, they're trying to build a secondary marketplace brand, they have the catalog and grading system to advise bidders like me who want to bid online.  So in a rising market as profiteers come in, they may have gotten sloppy and started playing a little fast and loose with grading and disclosure (my two purchase examples) .  Now that we're in a global deflation, and the profiteers have scattered, you're left with genuine collectors and as one, I'm holding them to a higher standard than they might have gotten away with when a rising tide was floating all boats. So this month their results are going to be lower than they could have been, because not only am I not bidding on the pieces I would have won (2 high end pieces) , but I'm not running up other bidders on the pieces I would have ducked out on as too expensive.

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ARE THE DESCRIPTIONS ON THE ANTIQUORUM CORRECTS?

 
By: cirugiadigestiva : May 15th, 2009-12:38
are the descriptions on the Antiquorum corrects? I would like to expose a situation, that in my opinion is incorrect. In the next sale of Antiquorum in New York, that corresponds to the watch 120 to a Patek 5004R, with a black dial, in the description of ... 

They note a dial change on a ref. 1463

 
By: jjm788 : May 15th, 2009-19:03
.later in the catalog for lot 195 but not for the ref. 5004, interesting. Very fun to flip through the catalog!

THAT... leaves me feeling distrustful

 
By: nothing but time : May 16th, 2009-13:07
I bought a watch at each of the last two Antiquorum auctions.. The first was a stainless Daytona which primped well for the photo but needed much more work than their grading intimated, the second was a vintage Patek delivered 'not working' and with a Bul... 

auction watch descriptions

 
By: jglydon : May 17th, 2009-04:31
caveat emptor. I am a believer you should always view the watch you are bidding on and go through the papers to verify the watch reflects whats written on the papers. If there are no papers get the correct numbers and contact PP and order a archival paper... 

Agree and Disagree...

 
By: nothing but time : May 17th, 2009-06:26
I agree in the sense that in life, 'caveat emptor' is obvious, or it should be obvious... But we're not talking about buying watches from some guy on the corner in a trenchcoat. This is Antiquorum, they're trying to build a secondary marketplace brand, th... 

Experienced hook for dreamers who can afford it ?

 
By: PoyFR : May 17th, 2009-10:20
It often and in anyway involves large sums, I obey 2 golden rules Rule 1 Experienced buyers have often said or heard ‘Buy the seller’ . Excuses can be made for some pieces being parts, but when it has been parts business, what possible chance ... 

more opinions

 
By: cirugiadigestiva : May 17th, 2009-11:00
In my opinion the risk, is to buy by a watch a surplus price, in my opinion the real value of this watch is not a same if the seller can confirm the origin of the modification, is not a same a 5004R, or another watch with correctily certificate, with a bi... 

They're generally accurate, but you have to know how to read them.

 
By: mkvc : May 17th, 2009-16:33
First, you have to look at the condition report in full. Second, you have to realize that the default for used watches is to be sold without their original buckles and straps. Antiquorum mentions those items only when they are original or otherwise notewo... 

I think they are a little less specific than that

 
By: watch-guy.com : May 17th, 2009-20:58
My concern is not about buckles etc or even if the movement needs a service It is usually about the condition of the case and dials and whether they have any work done or even replaced Often very vague comments about these-if at all Julian

is legal to hide the reality of the watches?

 
By: cirugiadigestiva : May 17th, 2009-23:37
I,m ok for the buckles or strap, I buyed a patek 591 in antiquorum, the buckle and strap doesn,t and originals, but this problem is not important in my opinion, the problem is when the auction housse will be sold a 95% original watch by a 100% original, a... 

There are additional issues

 
By: mike2 : May 18th, 2009-16:33
some of the hands on this watch are incorrect...as one who has a number of #5004's, I can tell you that the leap year and 24hr indicators should be white and not gold on a yellow metal piece with a black dial....this makes one wonder as to how many of the... 

'thats true

 
By: cirugiadigestiva : May 18th, 2009-22:19
the modification of 5004R with the black dial, is not a absoluty perefect, some colors from the dial are not adecuate, but this is some of the interesting of this watch, is different..........and this funny, the important thing is when this modification i... 

Antiquorum in my opinion..

 
By: scurfa : May 20th, 2009-09:53
..are not good to deal with, I have had some dealings buying and selling with antiquorum and I no longer trust them and I have a number of good reasons and if I posted them on this forum would probably lead to legal action, I am normally a vintage/modern ... 

the problem is the money

 
By: cirugiadigestiva : May 20th, 2009-13:16
in my opinion the only problem in antiquorum is the money, in the past with patrizzi probably whas a different thing, today, THE MONEY IS ONLY RAISON FOR THEM, the watches, the security for the buyers, to pay the sellers, etc is not important, and this is...