Wow!!!!

[Moweis]

https://onlineonly.christies.com/s/c...-010-220/60576




Wow that’s before 25% buyers premium

[Flex368]

Click here...

[jfriedkin]

The final price DID include the 25% buyers premium.

[Codik]

I don’t understand why no one is competing with those guys. How can they justify such fees?

[codecow]

Originally Posted by Codik

I don’t understand why no one is competing with those guys. How can they justify such fees?

Of course there are competitors. I think you'd get a way better rate on a modern watch like this from the gray dealers.

[Moweis]

Originally Posted by Flex368

Click here...

Sorry I saw that post 5 seconds after I posted mine and realized the mistake lol. But at least there is a link.

[Moweis]

Originally Posted by jfriedkin

The final price DID include the 25% buyers premium.

From my experience in auctions the realized price never includes BP they apply that on the invoice after. And I did personally watch the bids climb online from $40k to $52k.

[grimani]

Originally Posted by Moweis

From my experience in auctions the realized price never includes BP they apply that on the invoice after. And I did personally watch the bids climb online from $40k to $52k.

52k includes buyer premium. Read the disclosure on their site

[grimani]

The following prices in U.S. DOLLARS include the buyer's premium and are rounded to the nearest u.s. dollar. Lots which did not sell are not shown.
https://www.christies.com/results/pr...id=27800&lid=1

Lot 220:
https://onlineonly.christies.com/s/c...-010-220/60576

[Moweis]

Originally Posted by grimani

The following prices in U.S. DOLLARS include the buyer's premium and are rounded to the nearest u.s. dollar. Lots which did not sell are not shown.
https://www.christies.com/results/pr...id=27800&lid=1

Lot 220:
https://onlineonly.christies.com/s/c...-010-220/60576

Noted thanks for the info, makes a lot more sense now

[thomaspp]

Originally Posted by codecow

Of course there are competitors. I think you'd get a way better rate on a modern watch like this from the gray dealers.

Originally Posted by Codik

I don’t understand why no one is competing with those guys. How can they justify such fees?

Agree! Every grey dealer is a competitor but almost everyone aims to make 20%. Seems to me dealers don’t make that on popular watches... it is odd that people would consign something like 5711 to auction


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[jfriedkin]

As I have posted in the past, there have been several 5711 & 5712 that have sold at or near record prices. Following the auctions as I do, most all these lots are "like new" condition. As I compare them with offers of the same Ref by dealers, the dealer watches fall a bit short on condition.