The AHS is the
Antiquarian Horological Society - closest comparison is the New York Horological Society I think.
The lecture was called
The Nature of Uniqueness Between Vintage and Modern Wristwatch Markets.
Statement's were made along the lines of "no one know's why the same watch sells at auction for multiples of what it does as a private sale".
Combined with a ton of auction sales data, which shows pricing going through the roof, in line with financial restrictions designed to stop money laundering being put in place.
Having got to know quite a few folks in the auction world, everyone knows, no one wants to talk about it - the money flows, why question where it comes from?
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