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Amusing auction estimate...

  1. Tony C. Ωf Jury member Dec 12, 2013

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    While it's reasonable to suggest that small auction houses which don't specialize in watches are vulnerable to making mistakes in estimates, a 30 second search on this one would have put them somewhere in the ballpark:

    [​IMG]

    Geomatics sell for $5k and higher, and even though this one wasn't in mint condition, the original estimate was hilarious.
     
  2. ulackfocus Dec 12, 2013

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    Even if they made a typo and forgot a zero it was WAY low. Too bad you couldn't send them the high estimate and get the watch.

    ps - A Geomatic is on my JLC list. ::love:: Luv those big gold case back medallions.
     
  3. LarryG not KennyG, not OG, just LarryG Dec 12, 2013

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    Last week a '64 Rolex 5513 with 3-6-9 Explorer dial was listed in a small UK auction for 2-3k Gbp. It sold for 86k before commission!
     
  4. gatorcpa ΩF InvestiGator Staff Member Dec 12, 2013

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    Couldn't resist posting this one:

    image.jpg

    These come up for sale so infrequently that when one is available the prices are sometime shocking.

    That estimate was not exactly what I had in mind.

    Well bought at about $5K.
    gatorcpa