Here's the report on Hodinkee, that Sheikh Saud Bin Mohammed Al-Thani, the owner of the Graves Supercomplication [we think], has died, at age 48, the day before the watch was to be sold.

As pointed out in this excellent posting on Fortune, the watch is being offered as "guaranteed property", meaning that there is some sort of reserve or other arrangement between Sotheby's and the owner. Recall that the Sheik had turned the watch in to Sotheby's in 2012, in partial settlement of his $80 million debt to the auction house.

Yes, folks, all this is "complicated" . . . Rest in Peace to one of the world's great collectors.

Jeff

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: Reminder -- 30 hours left to enter our contest, to predict the
: hammer price of the Patek Philippe Graves Supercomplication
: watch!!

: Information about the contest is HERE . Entry form for the contest
: is HERE .

: We have had several entries from OnTheDash readers, as well as
: several from well-known writers / experts in the watch world.
: Two great prizes, so give it a shot!!

: Jeff

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