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Re: Raising Another Question -- Why Sell In These Auctions?

I've noticed that watches of this nature tend to fare much better in non specialist auctions i.e. house clearance/antiques sales rather than watch sales.

Perhaps because buyers think that the watches are more likely to be genuine/original and not prepared for sale or passed through the watch trade? Perhaps also because they believe that there is a better chance that other buyers may not have identified the opportunity and that, somewhat ironically, there is a chance of a bargain?

: We can also turn around the points I made about the sellers not
: showing up, to ask the question -- Why would anyone sell a
: fairly common watch through one of these auctions? Who are the
: buyers that sell ordinary watches, through these auction houses?
: Maybe I can understand the super rare ones offered by Christie's
: and Phillips, that benefit the auction house's network of
: customers and from the worldwide promotion, but not these
: ordinary Autavias offered by WOK.

: Reliable dealers, buy / sell / trade sites, and good old eBay all
: seem like better choices. Especially when we look at the
: results, the day after the auction.

: Jeff

: +++++++++++++++++++++++++++++++

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