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17 May 2017, 12:26 AM | #1 |
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Join Date: Jan 2014
Location: Geneva
Posts: 3
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Red 1680 - Auctioned by Christie's
As many on here, I was looking forward to this past weekends auctions. Some amazing pieces, world records broker - but also to gauge pricing and demand on the low/mid-level vintage Rolexs.
As I have recently become a Red 1680 owner myself, I was quite surprised to be see two examples listed by Christie's - Lots 251 and 252. http://www.christies.com/lotfinder/w...3-5c454c047d5f http://www.christies.com/lotfinder/w...3-5c454c047d5f There are several problems with these two listings. First off, the details - Lot 251 is described as a 40mm case, and lot 252 is described as a 36mm case. Correct me if I'm wrong, but I'm not familiar with any 36mm Subs? Lot 251 is described as circa 1974, where as lot 252 is circa 1970's, when the two serials are 5 numbers apart? Secondly, the estimates - Both pieces were initially listed at an estimate of Usd 3,000-4,000. Lot 251 was corrected at the auction, to an estimate of Usd 10,000-12,000 but lot 252 remained at 3-4k? Why? Third, the serial numbers - I have found one reference to a 4 mill+ serial Red Sub, is the Mondani Submariner bible. However, anywhere else I look (indlucing DRSD.com) it is mentioned that the Red Sub should not go above 4 mill serial. I believe that Mondani should be a top reference for these things, but still I can't help to question this information, seeing as to how low Christie's put the estimates. Am I missing something here, or is this just the sloppy work one can expect from one of the world's top auction houses? Do they really only put real effort into estimates above Usd 50,000 or previously owned by Edward Saran? If someone maybe can educate me here a bit, would be much appreciated |
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