Looking back over the past couple of weeks’ worth of watch auctions, there seems to have been more records than an HMV Megastore in 1997. Indeed, we seem to have moved through the era of the virus that must never be mentioned. But with the war in Ukraine and financial instability being felt across the globe, many dealers were concerned that the watch market was heading into a time of correction. It’s far too early to say what the short and medium term impact of the recent auction results may be, but it is clear that quality and rarity are still important and when the two collide … the bidding goes insane! Aside from super rare and high quality vintage selling extremely well, another trend was the prominence of independent watchmaking and the parallel incredible prices. Oh, and there was that Cartier Crash…
MONACO ROCKS
The most important sale that kicked the season off was Monaco Legend Group’s sale towards the end of April at the Hotel Meridien. Davide Parmegiani and his son Andrea curated a strong sale, including key pieces from the John Goldberger collection and a collection of “Stella” dial Rolex Day-Dates. As the nomadic tribe of collectors and
