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I think the basic assumption with a high-end auction house is the vetting of the piece by an expert that is for some reason given even more expertise simply by having been employed at one of these houses. Just being sold by Christie's provides a certain exclusivity to what ever is being sold. That said, how much different would it be to send ti to your local watchmaker and have them do an appraisal. Probably not much but there is that element of Je ne sait quoi. Oh, and that last phrase is probably in their marketing literature somewhere…
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