The Spring 2021 Auctions Prove The Watch Market Is Moving Full Steam Ahead
HODINKEE Podcasts
HODINKEE
4.7 • 960 Ratings
🗓️ 24 May 2021
⏱️ 51 minutes
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| 0:00.0 | If it's something you want and you can afford it, you're going to get it whichever way you can. |
| 0:07.0 | And if you can't get it through the boutique, you can't get it through regular retail channels, |
| 0:12.0 | you can only get it at auction, channels you can only get it at auction |
| 0:13.4 | and you don't really care about whether or not you're paying two or three times |
| 0:16.2 | retail then you know you just do what you have to do I think that it speaks to the |
| 0:20.3 | sort of degree of disposable income that people are increasingly willing to throw it. |
| 0:23.4 | I think collecting in general, certainly during the pandemic and watches in particular. Oh, Hey everybody I'm your host Stephen Palmer and this is Hodinke Radio. |
| 0:54.0 | If we go back to early 2020 when the pandemic kind of changed the state of the world, |
| 0:59.2 | there's one question I get from people in the Hodinke community community more than any other and that's how's the |
| 1:04.7 | watch market doing through all of this now there's no single answer that covers the |
| 1:09.2 | whole watch world plenty of sectors are struggling plenty of sectors are doing better than ever, but you know it's definitely not struggling, the auction market. |
| 1:17.0 | And I wanted to get Cole and Jack on Mike with me to cover the sales from Hong Kong, Geneva, and New York this spring to try to get a |
| 1:25.8 | sense of what the market actually looks like. |
| 1:28.4 | So we'll talk about everything from the new record setters to the brands that are experiencing surges to where you can still find value if you're trying to do that at a watch auction. |
| 1:38.0 | But that's not everything. There was one late-breaking sale. It came just this past Saturday morning in the US. It was actually an evening sale at Christie's Hong Kong and this was the Legends of Time sale. It was just 18 lots, all super high end, and one of them was the |
| 1:56.2 | legendary Alan Bamberry, Patek Philippe 3448 Senzaluna. So just an hour or two after the hammer fell on that sale. John and I hopped on the |
| 2:06.0 | mic to try to parse the results and I got to say it's not that simple. They're not so |
| 2:10.4 | clear cut. So you definitely want to stick around to the end of this episode to hear that |
| 2:14.4 | conversation too. So with that in mind today is all things auction and without |
| 2:19.4 | further ado let's do this. Hey guys, how's it going. It's going great. |
| 2:30.0 | Hey guys, how's it going? |
| 2:32.0 | It's going great. |
... |
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