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OMEGA Speedmaster auction at Sotheby's

  1. mhoutman Jul 20, 2019

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    Edited Jul 20, 2019
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  2. Meme-Dweller Jul 20, 2019

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    Why did some guy pay almost 12k for an 861 Speedy with a movement in this condition?
     
    wtfkek.PNG
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  3. LeonDeBayonne Jul 20, 2019

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    Quite poor results!
     
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  4. ras47 Jul 20, 2019

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    I don't know about "poor."These were not historically significant pieces.
     
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  5. marturx Jul 20, 2019

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  6. LeonDeBayonne Jul 20, 2019

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    I don't know what you mean by "historically significant", but there were quite a few nice pieces. A few 2915 did not get sold apparently. On this particular day, it is odd.
     
  7. ras47 Jul 20, 2019

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    Nice pieces, old pieces, but nothing you cannot find away from Sotheby's. There are a LOT of Speedmasters out there. They're just not that rare or sought after. I'm kind of surprised Sotheby's even held this auction.
     
  8. Bp1000 Jul 20, 2019

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    Agree with this

    A couple of interesting pieces but the rest sold for market value and are standard speedies

    Ck2915 didn’t sell as buyers of this 80k+ watch are extremely particular about condition and originality

    They are very rare and undervalued and because of this buyers perhaps leave hanging all but the best.

    Ps the are 2915-1 is butchered. I’m surprised they agreed to hold it
     
    Edited Jul 20, 2019
  9. marturx Jul 21, 2019

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    Most ignorant statement of the year :whipped:

    Why don´t you arrange a Speedy auction yourself if it´s so easy?
     
  10. ras47 Jul 21, 2019

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    I just don't think these Speedmasters rise to Sotheby's standards. They're normally higher-end than this. Heck, Sotheby's can auction off anything they like. Rubber Gumby and Pokey action figures even! But their reputation is based on the quality of the goods they accept and the prices they get. This lot is not their usual quality. Some of those watches were in terrible condition.
     
  11. marturx Jul 21, 2019

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    -1
     
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  12. MCC Jul 21, 2019

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    A bit of a mixed bag from what I can tell, some pieces sold well when you take into account buyers premium etc, but others failed to catche the imagination it seems.

    Overall I think it pints to collectors wanting better quality pieces and being prepared to pay a premium if they find them while discounting the rest.