: Assuming that most well-informed collectors, who do their
: research, would conclude that the Andretti Autavias are changing
: hands in the $10,000 to $15,000 range, the question becomes why
: are we seeing them listed (for example, on Chrono24 and eBay),
: in the range between $10,000 and $30,000 [with a couple of
: outliers, on each end]? Possible answers as follows: seller
: truly believes that prices remain about where they were at the
: peak of the market . . . has not done his homework seller knows
: the real fair market value, but is hoping to get lucky, with the
: buyer who has no idea about values, but has lots of money to
: spend seller merely lists his highest possible asking price, and
: will negotiate from there. It is impossible to generalize or
: understand the behavior of some sellers. But those are a couple
: of quick explanations.

: Jeff

: ++++++++++++++++++++++++++++++++++++++++

I think all of Jeff's reasons are right on the money. I will add that many sellers (retailers) bought watches too high during the bubble as almost all of the watches I have called on are well over a year on the market. One high end dealer flat out told my his Andretti was purchased for 17K at Christies and he needed 20K all in. I said, “The market is like Goldilocks. It decides if your price is too hot, too cold, or just right.” The street price aka current market value vs retail pricing will rage on forever. The similarities to the 2016 Porsche GT car market is astonishing. Adding up to 50K ADM to retail pricing and getting it was crazy. Don't ever underestimate how much money there is to spend out there for luxury items in these genres. Buyer beware!