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Rock Bottom for All Lume Big Subs (Ref 2446)?

Sotheby's sold this one today, in Geneva, for 31,250 CHF.

Big subs; all lume; Ref 2446; but the worst imaginable condition . . . or maybe some would say "all original, with honest wear".

Here's the listing -- http://www.sothebys.com/en/auctions/ecatalogue/2018/important-watches-ge1804/lot.18.html

So has this market "found the bottom"?

Jeff

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