Alex:

I look forward to reading and studying this report, in full detail.

I seem to recall that you predicted two or three years ago that we might see a significant increase in the price of gold. So you have a good track record with your predictions!!

Jeff

++++++++++++++++++++++++++++

: After 2007 and 2009 here an update of 2011 and outlook 2012:
: of course only my personal view: interesting how the prices
: move: all up I would say god for collectors.
: -----------------------------------------------------------

: First impression 2009: markets are very dry in Autavia's:
: especially in MINT/NOS watches.

: In 2011 markets still tight: a large number of viceroys, but
: also second row autavias like 11630 orange very hard to
: find

: ----------------------------------------------------------

: For prices over 2009: see comments for 2011

: **Autavia Sifferts have reached a flat plateau of 3-3500 Euro. With
: watches in good-very good conditions selling at 3000 euro
: currently. We saw many sifferts this years: I would say 15 I
: have seen at least: not many at ebay: most of them here and
: others on professional auction companies

: After Siffert high of 4500 and even 5000 Euro in 2010, prices
: are steady at 4000 Euro now. In 2011 I saw at least 10-14 pieces
: in all kind of quality. still many rookies around who dont kow
: what they sell

: **PVD watches: the silver PVD is going at 1500 Euro in MINT
: conditions (2 examples recently); the black and green Autavia is
: still extremely scarce this year with only 2 examples black and
: one in green seen. Price for USED oney are at 1400 euro; Mint I
: have not seen any: guess the auction one PVD green for 1800 euro
: but this auction in my eyes was not so much known to public.

: PVD's are very scare now: I only saw a Military, Super MINT
: black this year, one green in NOS, but without bracelet and 3
: silver ones: one of them NOS unused (now mine all 3 silver).
: conclusion cacth what you can PVD....also with other Heuer
: models

: **GMT's get good prices at 2000-2400 Euro; the NOS one was higher
: sure; GMT's seem to have improved consiberatelly after beeing
: down to 1500-1600 euro in 2008. The 11063 V GMT seems to be
: highly collectable MINT at 2300-2500 euro. I saw 2-3 examples
: good: but all subject to upcoming (heavy) restoration work and
: still banana high prices.

: GMT's are at 3000 Euro now for the 11630 and the 1163 are very
: high in price: especially the 24 hours version. I saw 3-5 very
: good to Mint of 11630 and 1163 this year. 11063 Vs become very
: hard to find. much harder than e.g. Diver 100's

: ** VIC'S we saw many, many, many: people seem to get rid of the
: normal watches first if a crisis starts: the Vics range at about
: 1000 euro (incl brace) after they dropped down to 750-800 euro
: by mid of 2009

: so many Vics for so much money. they go for 1200 euro
: excluding bracelet. to many pseudo dereck bells: but endless
: auction loops...they never sell for these prices. The Ur-Dereck
: Bell with big blocks goes 2000 euro and I only saw 2 this
: year

: ** REAL so called "Dereck Bells" seem to be hard to find.
: A lot of put togethers on the market. Even Vics are called Bells
: now.

: **orange 11630: Very very hard to find in 2009 I dont know one
: single watch dealed in very good to MINT conditions

: almost zero this year: no single mint model i saw

: **silver dial 11630: 1500 Euro (dopped from 2000+)

: back to 2000-2400 euro...if you find a mint one: saw 3 pieces
: this year all above 2000 euro

: **diver100: still good prices at 3000-3500 euro but high peaks at
: 4000 euro as in 2008 not achieveable currently: the diver100
: numbers are still low in my eyes: many watches are making their
: way through different collectors: HERE a DATABASE for Registery
: is absolutelly necessary.

: big wave in 2010 of asssambled models (i know the source)
: however now very try market. price for the two in 2011 i saw
: were 3500-3700 euro: mint of course; the 11630P i saw 4 this
: year. gone at 2000 euro when very good to mint

: **11063V: saw a NOS one this year for high price. For the rest this
: watch ranges at 1300-1350 euro max currently

: with bracelet range at 1400-1600 euro

: **skippers: range at 1000-1200 euro for the 11063 case version

: same same than 2009

: **Regattas: extremely low at 600-800 euro: even with box and being
: near NOS

: saw all 3 colors this year all NOs at 1600-1800 euro: strong
: increase for NOS PVD Heuer trend !!!!!

: **red flagged heuer boxes: have dropped to 300-350 euro

: 600-800 euro now...crazy world

: **autavia bracelets range all at 300-350 euro now (coming from 450
: Euro). They are very hard to find as single accessory:
: especially MINT and original.

: plated at 550 euro, gf's at 650 euro; jubilee at 450
: euro...all mint of course with end pieces

: **60's Autavias seem to loose more and more track: both in prices
: but also in being in collectors focus. Sure "Rindt like
: watches" would go high: but I have not seen new example in
: 2009

: gone much higher now. believe as with vics the short
: availabilty of good automatic autavias help to increase prices
: in vics and 60s

: --------------------------------------------------------

: Highlights for me in 2011

: - NOS GMT (I own)
: - NOS Siffert (I own)
: - NOS Silber PVD (I own)

: --------------------------------------------------------

: Trend 2012

: number of traded watches will be low: in begin of the crisis we saw
: heavy trade traffic: now that we have traded stuff among us it
: stopped naturally.

: as in 2009 the number of watches in forgotten drawers will be low.
: think the times of forgetten stuff in cellars are defenitelly
: over: you see this with watches but also other collectors stuff
: on ebay: ebay is already a platform for 97% new stuff: so jeffs
: comment on selling pages like OTD or other auction pages is
: right.

: as in 2009 we will see an ongoing heavy trade of Autavia PARTS (and
: other heuer parts). For me this underlines that there are many
: "good-only" watches outside which need to be tuned
: into very-good to Mint examples.

: The big question is: where are all the MINT autavia examples?:
: think still in collectors hands. Will the prices go up in 2010?:
: I dont think so: they will remain flat if we can prevent another
: shock like AlKaida or Economy for the upcoming time. Collectors
: only will sell if they have to sell. This will also remain for
: (hopefully) better economic times in future: I believe/hope than
: people will try to buy what they can get: but markets will
: remain dry for sure.

: Conclusion. If you find a MINT or NOS Autavia example in 2010 : BUY
: IT.

: Concusion 2012 go ahead buying mint samples of autavias. the
: euro crisis will push watch purchases till the point of
: "colapse"..tan you will seee many wwatches coming out
: of the safes from panic sales: like in 2001 and 2008: so wait
: and pray ..or just go with the flow ; desambling watches is at
: the limit: Vics prices so high that desambling can get negative:
: still best source for mint tachy bezel :-)

: -----------------------------------------------------

: ape