Quote:
Originally Posted by zapokee
A basic 1603 Datejust can be easily found for USD 3,000, but sold for more than 10 grand in this auction.
A bog-standard Red Sub at an optimistic 25 grand in today's market sold for almost USD 34,000.
It kind of feels like proxy bidders who don't know what they're doing are representing wealthy clients who also don't know what they're doing.
Who says the bubble's bursting?
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Yeah, that 1603 is near perfect and looks 100% complete down to the paper hang tag. Its no different than that guy that just spent 14 grand on here for a claimed NOS 1991 16700.