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Re: Discussion Topic: Four Auctions, Numerous Questions

Just a few thoughts...

I do not think this is the auction to give the market a lift, agree that manufacturer would need to support such an auction. There may then need to be many desirable/rare models to appeal to the top level collectors contained within its catalogue - i'm sure such an auction is coming soon however ;-)

There is nothing within this auction on the watches i am interested in that is desirable to me and therefore it is not much not than a curiosity to me, a welcome one of course, but i shall not be spending my hard earned on it. As someone else commented nothing that cannot be sourced elsewhere in better condition for me.

It is however exciting to think that more Heuer only sales will be coming and i would rather keep slotting some coins into my rather small piggy bank in the hope that when the "other" sales come i have sufficient funds to buy exactly the watch i desire...

Cheers

Rich

: OK, just for fun, let’s visualize four auctions, as follows:
: Auction One -- Auction One consists of 100 vintage Heuers, all
: of which are either true NOS or in near mint condition.
: The watches range from the common (Viceroy) to the super rare
: (Chronomatics and PVD Monaco), but all are in the same condition
: . . . true NOS or near mint.

: Auction Two -- Auction Two consists of 100 vintage Heuers, all
: of them being very nice samples. Condition ranges from near
: mint to excellent
, and all the watches are entirely
: authentic and original (other than crystals). There are no
: issues of authenticity or put together watches.

: Auction Three -- Auction Three consists of 100 vintage Heuers,
: with most of them being having visible problems or
: being previous or future “projects”; most have some
: combination of incorrect hands, pushers, crowns, bezels, etc.;
: we see the occasional refinished dial and even a few
: “frankens”.

: Auction Four -- Auction Four is our perfect “Bell
: Curve
” of vintage Heuers. Of the 100 lots, 75 watches are
: of the type offered in Auction Two (near mint to excellent); 13
: of them would qualify for Auction One (NOS or near mint) and 12
: of them being projects or problems, that somehow slipped into
: the auction.
: And now let’s address a few questions about these auctions:
: Which auction will hold the most interest for you, as a possible
: bidder?

: Will there be enough bidders to support Auction One, with its NOS
: and near mint pieces? Can the market absorb this auction of 100
: prime watches, with the NOS / mint premium for so many watches?
: Will this auction need to find new bidders, from the high-end
: Hollywood or London scene?

: In Auction One, will we see NOS premiums, for the best samples of
: the more common Heuers . . . will Viceroys and two-register
: manual Carreras attract these NOS premiums?

: Can Auction Three be successful, even if not supported by the
: online communities? Will there be bidders in the room and on the
: phone, even if those collectors who wear the “halos” choose
: not to participate?

: If Auction Three were to occur first (say, in November 2009), with
: poor results, will this have an adverse effect on the vintage
: Heuer market? Will there be a cloud over this market, because of
: this auction, loaded with “problem” watches?

: Can Auction One or Auction Two give the market a "lift",
: in the style of Omegamania, or was Omegamania a unique event? If
: the market can absorb the watches offered in Auction One or
: Auction Two, will it be flat or tired afterwards?

: Are Auctions Two and Four, with the preponderance of really nice
: (but not NOS) watches, more attractive for the average, serious
: collector?
: Let me add, that I know very little about the auction business, and
: cannot begin to understand who will be “in the room” and
: bidding at any of these auctions. Perhaps some of our experts,
: in auctions or the way markets behave, can express their views.
: Fee free to answer any of these questions or pose your own
: questions.

: Jeff

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