Is this the highest over estimate Explorer ever???

[caryyee]

The below Explorer with a pre-auction estimate of $10-15k, went for over $180k!!! 18x the estimate!! Is that crazy??????

See the auction result here ...
http://www.christies.com/lotfinder/w...jectid=5674570

[Darlinboy]

Two or more highly competitive bidders -with deep pockets- going for a rare (unique?) piece like this... Throw out the estimate.

That said, IMO it was low to begin with, as auction estimates often are.

[Frogman4me]

Apparently at this auction bidders had too much money!

[HL65]

And $250K for a 6542 with blank papers! $500k plus for a 4 line tropical 6538...Crazy auction indeed!!

[caryyee]

And $800k for a PP Nautilus in platinum!!!

See the report here ... http://www.hodinkee.com/blog/that-ti...old-for-182000

[greekbum]

It is good to see these numbers. Makes me feel better about some pieces I've had for over 2 decades and didn't sell yet but this is not what the real market is or is bringing today IMHO.

[jedly1]

there are for sure two different markets today ...

one is for fairly readily available pieces enjoyed by fairly normal collectors up to very big ticket...this market seems to be nice and steady, enjoyed by many and admittedly on the up as the world steadies itself a bit

then there is a separate market for the very rare and very exotic ...pieces available in tiny tiny number , either through manufacture or of quality survival rates .... if a piece fits into that category (whether it is real or perceived) ...the prices, the growth , the demand....are all off the charts ...for pieces like that there is no 'price' as such ...stuff i sold 12 mths ago, in some cases is almost double now....they rarely make market openly and when you see pics of them , it is after they are long sold......

[HL65]

Originally Posted by jedly1

there are for sure two different markets today ...

one is for fairly readily available pieces enjoyed by fairly normal collectors up to very big ticket...this market seems to be nice and steady, enjoyed by many and admittedly on the up as the world steadies itself a bit

then there is a separate market for the very rare and very exotic ...pieces available in tiny tiny number , either through manufacture or of quality survival rates .... if a piece fits into that category (whether it is real or perceived) ...the prices, the growth , the demand....are all off the charts ...for pieces like that there is no 'price' as such ...stuff i sold 12 mths ago, in some cases is almost double now....they rarely make market openly and when you see pics of them , it is after they are long sold......

Well said Jed

Hey that rhymes

[bonbonson]

Who can blame them? This is a piece that they may never get again could be their "grail" and im sure if they didnt get it they would regret it over the years

[Pete17]

yep, the estimate was a "little" off on that one.

One of the all-time crazy auctions.

[topcat30093]

Nice to see a vintage piece from my birth year fetch so much.

I wonder whether my wife could get as much for me!!!!!!!!!!!!!!!!!!!!!!!!!!! LOL

[MonBK]

Originally Posted by topcat30093

Nice to see a vintage piece from my birth year fetch so much.

I wonder whether my wife could get as much for me!!!!!!!!!!!!!!!!!!!!!!!!!!! LOL

You mean out of you?

[marcello pisani]

this dial ( transparent glossy like in subs from the 50s but with a silver matt coat under instead of the usual black one ) is one of the rarest thing ever made by Rolex ;
untill now from the end of the 90s I have just seen :
1) a couple of 6610 ( one is from that auction )
2) 1-2 1016
3) 1 6205 ( unique dial ).
4) 2-3 6542-1675 PCG
I bet that were made no more than 10-15 pieces alltogether.
here is a 1016 :

[Mark020]

What about this one:

[marcello pisani]

[oceandweller]

Originally Posted by marcello pisani

this dial ( transparent glossy like in subs from the 50s but with a silver matt coat under instead of the usual black one ) is one of the rarest thing ever made by Rolex ;
untill now from the end of the 90s I have just seen :
1) a couple of 6610 ( one is from that auction )
2) 1-2 1016
3) 1 6205 ( unique dial ).
4) 2-3 6542-1675 PCG
I bet that were made no more than 10-15 pieces alltogether.
here is a 1016 :

Probably those wealthy bidders might have engaged highly-informed consultants to act and bid on their behalf. Otherwise, they would not be bold enough to put in astronomical bids, far above the estimates set by Christie's.

[Mark020]

Originally Posted by marcello pisani

I know but I still like it

[marcello pisani]

Originally Posted by oceandweller

Probably those wealthy bidders might have engaged highly-informed consultants to act and bid on their behalf. Otherwise, they would not be bold enough to put in astronomical bids, far above the estimates set by Christie's.

very likely !!

[dysondiver]

you pays yer money ,,, you makes your choice ,, you takes yer chance ...
as the saying goes ,,, i love the look of white faced watces ,,, but boys , thats a lot of money , still ,, what will they bring next time they are sold , thats the interesting question.
i doubt anyone would ever actually wear one.

[andromeda160]

I said that this piece was going to sell for a hell of a lot more than 15k. Did not expect 180 though. Maybe I should stop seeking vintage rolexes and just start on modern patens with the way prices are going. My grails are going to be hundreds of thousands if not millions lol

[oceandweller]

Originally Posted by andromeda160

I said that this piece was going to sell for a hell of a lot more than 15k. Did not expect 180 though. Maybe I should stop seeking vintage rolexes and just start on modern patens with the way prices are going. My grails are going to be hundreds of thousands if not millions lol

This proves, an extremely rare watch which only a few enthusiasts and collectors know, has no market-price and defies all estimates. Whether it comes in stainless-steel or solid gold, it is immaterial. The rarity counts.

[marcello pisani]

"The rarity counts."
this is THE point !
btw these special dials are well known by collectors ... at least by those with an high level of knowledge .
the " spread " between common watches and very rare ones has constantly grown since the end of the 90s on .. also due to internet ( forums and so on ),
and so will be in the future ...

[oceandweller]

Originally Posted by marcello pisani

"The rarity counts."
this is THE point !
btw these special dials are well known by collectors ... at least by those with an high level of knowledge .
the " spread " between common watches and very rare ones has constantly grown since the end of the 90s on .. also due to internet ( forums and so on ),
and so will be in the future ...

I really appreciate the invaluable information that comes from your good-self all the time and other experts, as well as, enthusiasts.

Learning never stops, apparently.

[Wacker23]

Not something i would buy. But since im not swimming in cash ill never know.