Hard to say why this didn't go higher but I have some thoughts...

1. This was a "kitchen sink" auction where I even suffered from fatigue after watching so many pieces go by...I thought it was way too big with too many lots.
2. This watch was hammered within a minute or so...much different than Phillips where the drama plays out over several minutes.
3. I think we are seeing that these subject specific auctions are the way to go - these big general auctions seem
To make it hard to truly give keynote pieces the proper hype.
4. Regarding Brexit, I know that these auctions are open to the world via online bidding but I've been told that the in-room activity at WoK auctions usually makes up for a fair bit of the sales and I'd presume many of those folks are locals. So, maybe it did play into the results?

Still...is $60k that bad a result? Compare to a year ago and I think not. I seem to recall $25-35k a year ago. Not bad and better than a savings account. ;)

Mike