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The place for discussing 1930-1985 Heuer wristwatches, chronographs and dash-mounted timepieces. Online since May 2003.
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Spot on Mr Alexander
In Response To: Don’t agree... ()

There is little doubt that post November there has been a softening on most Heuers, irrelevant of quality, rarity. Many unsold watches right now at dealers who are asking prices that are now behind the curve and too high. It is possible that we have seen the top of the market. Hopefullly some of the hype and speculators have “left the bulilding”


: I’m sorry but I think there are some rather blinkered views here
: and unfair blame being apportioned on so called ‘local’
: auction houses in relation to why sales figures aren’t higher
: right now.

: Firstly I have been both a buyer and seller at WOK for some time
: now and find them as good if not better at running an auction as
: any of the old guard. They successfully sold my Siffert last
: year for over $30000, Phillips didn’t manage that with any of
: theirs at the more than underwhelming November sale!!

: Secondly, and apologies if this has been already discussed, Heuer
: prices in general have softened from their heady highs, for some
: models significantly. I believe what we saw at WOK is a straight
: forward indication of what buyers are willing to pay right now.
: As mentioned more quality watches have come to the market even
: on eBay, dealers appear well stocked, and it’s costing more
: for those buying in dollars to purchase from the UK now than it
: was 12 months ago. Also let’s face it they simply aren’t the
: flavour of the month right now in the wider collectors market.

: On the flip side good Rolex subs and GMTs flew at WOK, their buyers
: didn’t appear put off by the snow (which is pretty irrelevant
: as most people bid online at home these days) or Paddy’s day
: (we’re not all Irish you know) when bidding for them, I bought
: two and was manning my daughters 7th birthday at the time, were
: there is a will there’s a way!! I also sold my Reverso for
: double estimate in this sale, so I’m happy as it negated the
: hit I took on my 3646 Andretti, yep that was mine..

: So the fault of lower prices being achieved right now at auction
: should be blamed upon market forces, not how the watches are
: marketed... All IMHO of course!

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