that Arnos auction will see some very strong prices (no doubt setting new top of the marker prices), however the tricky issue is to predict what happens post auction.

Omegamania saw prices come back down to earth (so I’m told) a year or so later, however there is more supply on the Omega side, this is always something that counts in the favour of Heuer.

I think what is best for the brand is a continued gentle appreciation year on year; with no boom and bust cycle, as that helps nobody and at worst can be detrimental...

Rich
www.heuermonaco.co.uk

: While we can sit back in the comfort of our own home, and with the
: click
: of a mouse, buy that watch or car we have our eye on. It is easy to
: stop and not
: go past the price we have set to pay.
: Going to a live auction is a completely different experience, and
: how many of
: us have ended up paying more than the limit we had set ?
: Even though I will be attending, my first thought was just place an
: absentee bid or two and be done with it. No
: stress, or getting caught up in the auction and going past my
: price.
: The values of Arno's watches will command a premium, and I think we
: will get
: a flavor very early on, just how much.
: With the auction not being on the internet, we may not get the full
: "Omegamania" effect, and this
: one fact may keep prices from going 2X or more the values we think
: that 2447 Carrera may be worth.
: I still remember seeing the Connie pie-pans and 1967 321 Speedy's
: selling for crazy prices at the auction
: and for months afterward.
: My crystal ball tells me to expect 50% premium over market for the
: non special watches. But then again,
: maybe all of Arno's watches are special. See I am hedging already.

: See you all there