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14 November 2019, 06:56 AM | #31 | |
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It is a traceable point of sale that is interesting in the future of the watch.
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14 November 2019, 07:39 AM | #32 | |
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The mere fact that Phillips is selling a watch (or painting) technically becomes part of the provenance moving forward, but that in itself isn't what people care about when it comes to knowing the history and background of a watch (or work of art). |
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14 November 2019, 08:01 AM | #33 |
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True,only from the point that they sold it....not the decades prior (which is inarguably very important). Nothing to speak to authenticity or originality.
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14 November 2019, 08:03 AM | #34 | |
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14 November 2019, 09:36 AM | #35 |
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I can speak from an art collector standpoint. An auction house is a link in the chain of provenance.
For example, a painting of ours, that we still own, is an old master portrait. We had the auction house markings on the back of the stretcher (the frame, bascially), and the auction house confrmed that the painting was deaccessioned (sold) by a museum, but they could not reveal the name of the museum (condition of anonymity). So the provenance ended with the auction house. |
14 November 2019, 12:20 PM | #36 | |
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I just spent more than that for an NOS 16700. You need to get with it and check market prices more often. An NOS 16700 is much rarer than many of the watches from this auction.
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14 November 2019, 09:11 PM | #37 |
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I would need to see some actual provenance on the Steel Day Date. A 1556 test watch in 1975? That movement had been out for years, marked 1555? Stick an older plate on a 1556? It is very common to alter a steel 16XX case to fit a 15XX Day Date movement. These frankens have been known to exist for years. I bought a 1556 movement years ago to make my own SSDD, just haven't put it together yet. :)
When guns have the numbers ground off they can sometimes be uncovered using xrays, for 100k I would be xraying the hell out of that "no number" case. For 100k there will be a lot more SSDD discovered soon. :) |
14 November 2019, 09:20 PM | #38 | |
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15 November 2019, 01:53 AM | #39 |
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Roh continues to make excellent points...These auction houses tend to know their customers and most likely are more apt to aid their 'regular customers' than catering to online tire-kickers.
I truly agree that part of the provenance of buying from one of the top tier brick and mortars is that they strive to reject watches that are not exceptional. Sure they get duped here and there or have to take a sub par lot as a group deal to get an above average lot, but overall they have a reputation of excellence they want to continue manifested with the lots they present. |
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