Christie’s Speedmaster 50 Auction Report

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Robert-Jan

·Dec 16, 2015·#SpeedyTuesday

Yesterday evening, Christie’s held their Speedmaster 50 Auction in New York. Although no-one of our team could be there on location, we did get some help from Sacha Davidoff for this report. He is one of the founders and owners of Davidoff Brothers, the boutique for vintage watches in Geneva. He was in New York to witness the auction and spoke to one of the guys who submitted a substantial amount of watches for the auction, Riccardo Bernard. Sacha Davidoff: “Riccardo Bernard is the major contributor, in terms of the Christie’s Speedmaster 50 auction collection. He is a collector with […]

The article Christie’s Speedmaster 50 Auction Report appeared first on Fratello Watches.

 

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shoota70

·Dec 16, 2015

Hodinkee reported that the 2915-1 was purchased by Omega Museum for $137k. For whatever reason that doesn't sit well with me.

 

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DLT222

·Dec 16, 2015·Double D @ ΩF

Nice report RJ! Thx

 

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E-diddy

·Dec 16, 2015

shoota70

Hodinkee reported that the 2915-1 was purchased by Omega Museum for $137k. For whatever reason that doesn't sit well with me.

How come? It's not uncommon for a manufacturer to purchase pieces for its museum.

 

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repoman

·Dec 16, 2015

By having it in the Omega museum, countless people will how have a chance to see and enjoy this piece. I'm perfectly fine with Omega buying it to put in their museum. What would annoy me is if they were buying pieces to take them out of private ownership or to artificially inflate the market, neither of which was happening here.

 

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MSNWatch

·Dec 16, 2015·Vintage Omega Aficionado

repoman

By having it in the Omega museum, countless people will how have a chance to see and enjoy this piece. I'm perfectly fine with Omega buying it to put in their museum. What would annoy me is if they were buying pieces to take them out of private ownership or to artificially inflate the market, neither of which was happening here.

How do you know what their motivations are? 😀

 

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dsio

·Dec 16, 2015·Ash @ ΩF

Omega are more and more frequently circulating vintage pieces like 2915s from the museum around various boutiques to give buyers and owners the historical context behind their modern pieces, I'm guessing a lot of their acquisitions are also going to be shown around in that sense rather than being static exhibits in the museum too.

 

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Faz

·Dec 16, 2015

My goodness...Amazing results! And to think that I purchased my first 145.012-68 10 years ago for $1400.00!!!

Cheers,

 

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repoman

·Dec 16, 2015

MSNWatch

How do you know what their motivations are? 😀

One never really knows what's in a person's heart (or more accurately, the corporate board room), but I base my assumption (and its only an assumption) on the following:

1. Omega has stated publicly they are putting the Evan's Speedy in the museum. I'm assuming the other pieces will go there as well.
2. There was no shill bidding happening to inflate the prices, Omega bid fair and square to get the pieces.

 

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DLT222

·Dec 16, 2015·Double D @ ΩF

Seen earlier today....

 

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shoota70

·Dec 16, 2015

E-diddy

How come? It's not uncommon for a manufacturer to purchase pieces for its museum.

I believe they do it to get the price higher and puff their own feathers.

 

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DLT222

·Dec 16, 2015·Double D @ ΩF

shoota70

I believe they do it to get the price higher and puff their own feathers.

Not sure how that would work? Its a watch thats been flown on an actual mission, Apollo 17. Buying this would not make Omega sell any more watches than they already do.

 

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cuts33

·Dec 16, 2015

shoota70

Hodinkee reported that the 2915-1 was purchased by Omega Museum for $137k. For whatever reason that doesn't sit well with me.

The article said they were the underbidder - so they did not buy it.

Omega bought the Ron Evans Speedmaster. for $245K.

 

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Spacefruit

·Dec 16, 2015·Prolific Speedmaster Hoarder

I was there
I don't think the museum bought it.

 

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DB1983

·Dec 30, 2015

shoota70

Hodinkee reported that the 2915-1 was purchased by Omega Museum for $137k. For whatever reason that doesn't sit well with me.

The museum was the underbidder. The online bidder in Colombier, Switzerland won the auction. I heard some rumors that was someone from Swatch group, but nothing confirmed. In any case, I was in the room and definitely was not Omega Museum. They won 3 lots: Ron Evans flown watch, 18K Mark II and the pair of LCD Quartz Speedies submitted to NASA for Alaska project.