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14 October 2020, 01:04 PM | #31 | |
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Quote:
The market price is well below these purchase levels, and that was the same with auction results earlier in the year. Whatever is happening, it stinks. It's going to bring down the entire house of cards. It is turning off more and more people I fear... |
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14 October 2020, 01:57 PM | #32 |
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Real Name: KP Jimmy
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My (little) money is on the brand “marketing” spend. Wouldn’t be the first time. Wouldn’t be the last. See how it gets everyone excited and free PR results.
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14 October 2020, 11:07 PM | #33 |
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Are you saying PP is getting very desperate for any good PR? Makes sense too, other than as a way for one party (the seller) to 'legally' send bribe money to another (the buyer) with the auction has as their laundering service.
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__________________ “Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming 'Wow! What a Ride!'” -- Hunter S. Thompson Sent from my Etch A Sketch using String Theory. |
14 October 2020, 11:26 PM | #34 |
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14 October 2020, 11:31 PM | #35 | |
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Join Date: Jan 2020
Real Name: KP Jimmy
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Quote:
+1 Better outcome from this type of spend since it boosts a single reference plus the brand aura
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15 October 2020, 12:04 AM | #36 |
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Real Name: James Cline
Location: san antonio
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Maybe it was just an auction where two buyer were caught up in auction fever- realistically that’s what happened. :-)) imo james in San Antonio Tx
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15 October 2020, 12:28 AM | #37 |
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Real Name: Jim
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Reality is that it was most likely someone that got hyped up and got excited during the sale.
Anyone who's ever been to an auction whether online or in person knows that sometimes buyers get excited and bid happy and the book on valuation goes out the window. Doesn't mean it's actually representative of the true value just means one person was willing to pay it - typically these get excluded when looking at sale transaction price points as they are outliers. Perhaps the buyer just had a big windfall etc etc
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15 October 2020, 02:45 AM | #38 |
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I don’t buy it. Just typing Patek 5990 into google will net you the opportunity to buy it for 96k obo from watchbox. We all know market price is below that. Dealer pumping is my guess. This seems silly for Patek as their sports pieces are already burning hot.
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15 October 2020, 10:31 PM | #39 |
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