Hi Jeff,

Thanks for the work on this. I studied the descriptions and starting range price levels. It looked to me that these prices ( in Euro) seem rather low compared to present prices. In many cases lower than the average catalogue level at the AH auction in London ( which was in pounds; today 1 GBP = approx. 1.20 Euro). Is there an explanation for that big difference ?? Today's typical buyers who go to an auction in Monaco may be affected by the economic situation, but that doesn't seem to have hit on today's Heuer prices I would say. On the contrary. Also have a look at Rich's website which is a rather nice reflection I think.

Does anybody have an explanation for these starting price levels? Are pricing eroding, are the watching in a so-so condition, or is it a Bonham marketing trick to attract more attendants to the auction?

Cheers
Ron