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25 October 2020, 02:29 PM | #1 |
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Join Date: Jul 2016
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Watch: 16622,BLNR,116500
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I thought this was insane.
This lot sold today at one of my favorite clock auctions. Plus a 20% buyer's premium!
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25 October 2020, 02:38 PM | #2 |
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Real Name: Matt
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Watch: SDTT, CHNR, BLUESY
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Insane!
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25 October 2020, 03:11 PM | #3 |
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Real Name: Stu
Location: Fort Wayne, IN
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I find that very difficult to believe. Am I missing something here?
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25 October 2020, 03:15 PM | #4 |
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Join Date: Apr 2011
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Watch: the days go by
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Money laundering is a thing I’ve seen mentioned regarding insane prices on relatively normal goods at auctions..
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25 October 2020, 07:51 PM | #5 |
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Everything concerning vintage Rolex sport models is insane, particularly if it concerns GMTs, Submariners, Sea Dwellers and Daytonas. Don't try to make sense of it.
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25 October 2020, 09:42 PM | #7 |
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Real Name: AJ
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Watch: Swiss
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“A fool and his money go separate ways.”
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25 October 2020, 10:06 PM | #8 |
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Posts: 44,731
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Wow.
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25 October 2020, 11:59 PM | #9 |
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Personally, I don't drink the Kool-aid, but I don't know why this is surprising when one looks at the premium for a blueberry 1675. $10k-$15k seems about right and I don't think the buyer will have any trouble getting his money back once it's installed on a watch. Could be a way to get the Pepsi for free.
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26 October 2020, 12:12 AM | #10 | |
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Real Name: Per
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Quote:
Kind of risky to pay 12k for a <1k insert.
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26 October 2020, 12:27 AM | #11 |
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I wouldn't do it, and I think that it would definitely be a risky buy-and-hold investment, since I am sensing a long-term trend towards greater skepticism. But for now, the blueberries are still selling. So as you said, at this moment, I think someone could install the blue bezel and flip it for a profit. Of course, that may not be the buyer's plan.
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26 October 2020, 02:56 AM | #12 |
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I assume someone felt that it was an original "Blueberry'' insert.
Which many people question the authenticity of all of them. |
27 October 2020, 01:42 PM | #13 |
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Ha! I bet that seller was surprised.
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