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carwashchris · 28 June 2020, 12:30 AM

https://www.phillips.com/detail/rolex/CH080120/2

Gee2789 · 28 June 2020, 12:36 AM

Man. What the heck. This is why auction results should always be taken with a grain of salt and a shot of tequila.

Brny11 · 28 June 2020, 01:04 AM

It’s immoral to let a sucker keep his money

sutats · 28 June 2020, 01:05 AM

There sure are some dark corners in auction houses. Last November a Tudor Heritage Black Bay Harrods Special Edition sold for CHF9375. And in a recent interview with George Mayer from WatchBox, Paul Boutros from Phillips said that they reject 70-80% of watches proposed to them.

tkc324 · 28 June 2020, 01:25 AM

Lol

cardiel · 28 June 2020, 01:45 AM

clown shoes

shkure · 28 June 2020, 01:45 AM

And a Pepsi sold for CHF 27k later on. How can there be such a huge gap from chrono prices?

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Thuilln · 28 June 2020, 01:47 AM

« Well preserved ».
I hope, it’s brand new.

____nick____ · 28 June 2020, 01:48 AM

Was it a charitable auction of some sort?

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Frank McKay · 28 June 2020, 01:52 AM

Quote:

Originally Posted by shkure

And a Pepsi sold for CHF 27k later on. How can there be such a huge gap from chrono prices?

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I agree. I can’t make sense of their prices when compared to other greys.

boogiebot · 28 June 2020, 02:15 AM

Holy smokes Batman is right. 25k CHF?!?! That’s 36k Canadian. You can get these for 18k canadian all day long from any grey. Wtf is going on here? Were these pieces owned by someone special? I’m not seeing how the pricing warrants such a huge difference from other versions of the same watch from a trusted source.

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sutats · 28 June 2020, 02:32 AM

Quote:

Originally Posted by boogiebot

Holy smokes Batman is right. 25k CHF?!?! That’s 36k Canadian. You can get these for 18k canadian all day long from any grey. Wtf is going on here? Were these pieces owned by someone special? I’m not seeing how the pricing warrants such a huge difference from other versions of the same watch from a trusted source.

It's a very cost effective way of publicity and marketing for the auction house.

mrscuderia · 28 June 2020, 02:34 AM

oh my god

boogiebot · 28 June 2020, 02:35 AM

Quote:

Originally Posted by sutats

It's a very cost effective way of publicity and marketing for the auction house.

I can see that. We are definitely talking about it publicly here. And we have just added add it all SEO value from a google scoring perspective.

In your opinion is this a BS sale?

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carwashchris · 28 June 2020, 02:38 AM

It makes no sense to me either, it's not the only watch breaking the bank in this Auction.

djyolky · 28 June 2020, 02:41 AM

Quote:

Originally Posted by boogiebot

Holy smokes Batman is right. 25k CHF?!?! That’s 36k Canadian. You can get these for 18k canadian all day long from any grey. Wtf is going on here? Were these pieces owned by someone special? I’m not seeing how the pricing warrants such a huge difference from other versions of the same watch from a trusted source.

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Makes me think they might not be so trusted?

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zjd168 · 28 June 2020, 02:48 AM

money laundering? unless the watch has a very special serial number, or the current owner is a celebrity

Napoleon · 28 June 2020, 03:48 AM

Quote:

Originally Posted by zjd168

money laundering? unless the watch has a very special serial number, or the current owner is a celebrity

There was nothing special about it in the auction item description. Just an unworn BLNR.

Someone got taken for a ride. Same with Pepsi as stated above. Might have been even worse though because condition was "excellent" which means it wasn't even stickered. I think it was a MK 1 one of the first off the production line...but still. C'mon.

NLM · 28 June 2020, 06:06 AM

Wow!

hardrive · 28 June 2020, 06:10 AM

Quote:

Originally Posted by Napoleon

There was nothing special about it in the auction item description. Just an unworn BLNR.

Someone got taken for a ride. Same with Pepsi as stated above. Might have been even worse though because condition was "excellent" which means it wasn't even stickered. I think it was a MK 1 one of the first off the production line...but still. C'mon.

If it's one of the first that's the only way I would think this is anything other than a buyer not knowing the market...and even then

sutats · 28 June 2020, 07:02 AM

Quote:

Originally Posted by boogiebot

I can see that. We are definitely talking about it publicly here. And we have just added add it all SEO value from a google scoring perspective.

In your opinion is this a BS sale?

Swiss luxury watch market decimated in recent months.
Most recognised luxury watch brand.
One of the most sought after watches in the luxury watch market.
Low key watch.

Additionally, there's no such thing as bad publicity.

mmaggi · 28 June 2020, 08:06 AM

I'll never understand why people pay so much more at auctions. I'm wondering if that final price includes the 20% due to the auction house.

Alex71168 · 28 June 2020, 08:51 AM

Who said watch prices are falling??? Lol there was a Pepsi sold for CHF 33,000 too. Look work as it had links separately

Mystro · 28 June 2020, 11:52 PM

Seems like these two BLNR and BLRO threads are similarly themed. Perhaps it’s the auction site that is misrepresenting.

carwashchris · 29 June 2020, 12:06 AM

These 2 also went way beyond their high estimates.

https://www.phillips.com/detail/rolex/CH080120/127

https://www.phillips.com/detail/rolex/CH080120/111

28 June 2020, 12:30 AM	#1
carwashchris 2025 Pledge Member Join Date: Dec 2018 Location: Ohio Watch: Vintage DD'S Posts: 943	Holy smokes Batman https://www.phillips.com/detail/rolex/CH080120/2

28 June 2020, 01:05 AM	#4
sutats "TRF" Member Join Date: Oct 2010 Location: London Posts: 1,225	There sure are some dark corners in auction houses. Last November a Tudor Heritage Black Bay Harrods Special Edition sold for CHF9375. And in a recent interview with George Mayer from WatchBox, Paul Boutros from Phillips said that they reject 70-80% of watches proposed to them. __________________ There's no such thing as a Submariner No Date, it's simply Submariner. You don't call a Porsche 911 Turbo, a Porsche 911 Turbo No S. www.instagram.com/sutatshorology Post Your Rolex/Tudor Watch Weight (PYRTWW)

28 June 2020, 01:47 AM	#8
Thuilln "TRF" Member Join Date: Oct 2016 Real Name: Nick Location: YUL Watch: 16570 Posts: 1,936	« Well preserved ». I hope, it’s brand new. __________________ Nick _________________________________________ 14060M - 114200 - 114270 - 214270 - 16710BLRO - 16570 - 3570.50 - Cartier Tank Solo - Cartier Tank Française ‘Yearling’ - CWC Navy Diver

28 June 2020, 12:36 AM	#2
Gee2789 "TRF" Member Join Date: Apr 2016 Location: Texas Watch: 1967 Doxa 300 no-T Posts: 108	Man. What the heck. This is why auction results should always be taken with a grain of salt and a shot of tequila.

28 June 2020, 01:04 AM	#3
Brny11 "TRF" Member Join Date: Mar 2016 Real Name: Brian Location: Florida Posts: 2,461	It’s immoral to let a sucker keep his money

28 June 2020, 01:25 AM	#5
tkc324 "TRF" Member Join Date: Sep 2009 Real Name: Tom Location: Chi town Watch: Daytona AP DD Sub Posts: 3,718	Lol

28 June 2020, 01:45 AM	#6
cardiel "TRF" Member Join Date: Aug 2013 Location: uk Posts: 368	clown shoes

28 June 2020, 01:45 AM	#7
shkure Banned Join Date: Mar 2019 Location: Europe Posts: 371	And a Pepsi sold for CHF 27k later on. How can there be such a huge gap from chrono prices? Sent from my iPhone using Tapatalk

28 June 2020, 01:48 AM	#9
____nick____ "TRF" Member Join Date: Feb 2020 Location: Florida Posts: 20	Was it a charitable auction of some sort? Sent from my iPhone using Tapatalk

28 June 2020, 02:15 AM	#11
boogiebot "TRF" Member Join Date: Apr 2011 Location: canada Watch: me post! Posts: 3,804	Holy smokes Batman is right. 25k CHF?!?! That’s 36k Canadian. You can get these for 18k canadian all day long from any grey. Wtf is going on here? Were these pieces owned by someone special? I’m not seeing how the pricing warrants such a huge difference from other versions of the same watch from a trusted source. Sent from my iPhone using Tapatalk

28 June 2020, 02:34 AM	#13
mrscuderia Banned Join Date: Apr 2020 Location: LA-TO Watch: ing the market Posts: 94	oh my god

28 June 2020, 02:38 AM	#15
carwashchris 2025 Pledge Member Join Date: Dec 2018 Location: Ohio Watch: Vintage DD'S Posts: 943	It makes no sense to me either, it's not the only watch breaking the bank in this Auction.

28 June 2020, 02:48 AM	#17
zjd168 "TRF" Member Join Date: May 2009 Location: US Posts: 2,698	money laundering? unless the watch has a very special serial number, or the current owner is a celebrity

28 June 2020, 06:06 AM	#19
NLM "TRF" Member Join Date: Jan 2018 Location: USA Watch: See Avatar Posts: 55	Wow!

28 June 2020, 08:06 AM	#22
mmaggi Banned Join Date: Sep 2019 Real Name: Michael Location: Nassau County, NY Watch: 16710 Posts: 889	I'll never understand why people pay so much more at auctions. I'm wondering if that final price includes the 20% due to the auction house.

28 June 2020, 08:51 AM	#23
Alex71168 "TRF" Member Join Date: Jun 2019 Location: Hampshire, UK Posts: 484	Who said watch prices are falling??? Lol there was a Pepsi sold for CHF 33,000 too. Look work as it had links separately

28 June 2020, 11:52 PM	#24
Mystro 2025 Pledge Member Join Date: Dec 2009 Real Name: The Mystro ;) Location: Central Pa. Posts: 15,842	Seems like these two BLNR and BLRO threads are similarly themed. Perhaps it’s the auction site that is misrepresenting.

29 June 2020, 12:06 AM	#25
carwashchris 2025 Pledge Member Join Date: Dec 2018 Location: Ohio Watch: Vintage DD'S Posts: 943	These 2 also went way beyond their high estimates. https://www.phillips.com/detail/rolex/CH080120/127 https://www.phillips.com/detail/rolex/CH080120/111

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