Agree with much that has been said here about the poorly designed website and bidding platform. The watches themselves, with few obvious exceptions at the very high end, left something to be desired both in model condition and popular interest. It seems as if they set a preplanned deadline and were not nearly restrictive enough in what was allowed to be included. For instance, the 3147N 2nd Exec. that was for sale. It's a great watch with recently increasing prices (apart from that $800 steal off eBay that was popularized on Hodinkee) similar to other early straight lug Carreras, however the subdial was a mess, the lume a dirty color, the case was polished, and the movement itself had either rust or dirt on it. If they had waited to get better pieces (apart from the comments others have mentioned) and others in better condition I think it would have turned a Peruvian eBay sale into a Phillips. Alas.
A.