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HODINKEE Podcasts

Ben Clymer Presents: 07 – New York Auction Preview Episode With Tony Traina and Mark Kauzlarich

HODINKEE Podcasts

HODINKEE

Radio, Society & Culture, Podcast, Watches, Rolex, Horology, Wrist Watch, John Mayer, Daytona, Omega, Leisure, Hodinkee, Talking Watches, Paul Newman, Ben Clymer, Hodinkee Radio, Arts

4.7 β€’ 945 Ratings

πŸ—“οΈ 6 December 2023

⏱️ 48 minutes

🧾️ Download transcript

Summary

Talking the state of the auction market, vintage Patek and Rolex, and sleeper picks from this week's New York sales.

Transcript

Click on a timestamp to play from that location

0:00.0

Guys welcome to another episode of Ben Klammer presents. We are presenting the New York

0:06.8

December 2023 auction season. We are coming off some pretty weird results, if you can even call them out, results at all in in

0:15.4

Hong Kong from our friends at Phillips and Christie's and other. We had the Oak

0:20.3

sale, which was tumultuous I would say. Some of the top lots not selling at all.

0:27.2

Then others doing okay. We had a traditional Christie sale, which did a little bit better, and

0:31.5

then we had a Phillips sale, which did okay as well. But now we're in New York. The world is a

0:37.0

weird place right now. We spent this morning and this afternoon looking at

0:40.8

Sotheby's and Phillips. what do we think, Tony?

0:44.0

Ben, thanks for having me on the show again.

0:46.0

I think to start it off, I think there's sort of a lot of cautiousness in the market, I think,

0:51.0

just talking to the specialists.

0:53.0

There's some good watches there that seem to have a lot of interest at both sales,

0:56.0

but beyond that a lot of sort of cautious talk about how much interest there is in the sales.

1:01.0

That said we saw a lot of good watches. I think we really focused on seeing vintage watches today guys. Which was cool. We saw some vintage stuff too or some modern stuff too, I should say. Some rims I was excited to see that we'll get into I'm sure.

1:13.0

Yeah.

1:14.0

But a lot of cautious talk I think in the in the sales rooms today.

1:18.0

Yeah.

1:19.0

I kind of wonder if you know it was maybe a good thing for Phillips to get there one pass lot out of the way in Geneva?

1:27.1

The solitary pass lot. Yeah I mean, I mean... Yeah and it was I don't know how many years since they've had a past lot.

1:33.0

And I think at some point, it was bound to happen.

1:36.8

And I happen to know that that watch did sell

1:39.3

after the auction.

...

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