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jenniferjanef · 23 May 2018, 05:39 AM

https://www.christies.com/lotfinder/...6-details.aspx

Am I missing something?

Love to hear your thoughts!

Anyone in the market for one.. this is a great chance!

HAGW

Best regards
Jen

joli160 · 23 May 2018, 05:40 AM

Low valuation draws a crowd

jenniferjanef · 23 May 2018, 05:42 AM

Quote:

Originally Posted by joli160

Low valuation draws a crowd

True. But that’s just way too low isn’t it? It’s almost misleading.

NeoAnderson · 23 May 2018, 05:42 AM

its bidding. Will go up

Xelorpepsi · 23 May 2018, 05:56 AM

The final price will be close to the RRP and once you had the auction fees on top of that, it will become ridiculously expensive.

As a side comment, you can make a killing out of auctions in Europe if you are patient and know what you are buying. Lots of bargains including for relatively "rare" pieces such as the 16520.

HL65 · 23 May 2018, 06:10 AM

Quote:

Originally Posted by jenniferjanef

True. But that’s just way too low isn’t it? It’s almost misleading.

Happens all the time and are usually way off so not surprised. It’s a pre auction estimate and is meaningless when it comes to final hammer.

05carbondrz · 23 May 2018, 06:34 AM

The Auction Houses always shoot low so the consigner is happy in the end.

T01 · 23 May 2018, 06:35 AM

Meaningless metric....

rootbeer7 · 23 May 2018, 06:48 AM

It’s got you talking ;)

WJGESQ · 23 May 2018, 08:13 AM

I've seen the advertised for 11.5k.

hugs · 23 May 2018, 08:29 AM

Agree it is just an estimate. Maybe even by the 20 year old plugging it into the database! Arbitrary number.

Question could the valuation game work both ways? Say they valued it at $15,000 an uneducated buyer might pay RRP or even a bit over feeling they bagged themselves a bargain.

Nikrnic · 23 May 2018, 08:41 AM

Starting bid ?

Sent from my SM-G900V using Tapatalk

gt0279a · 23 May 2018, 08:52 AM

Well it might skyrocket in price since that particular Hulk is “THE PROPERTY OF A DISTINGUISHED PRIVATE SWISS COLLECTOR”

LINVS · 23 May 2018, 09:04 AM

Christies doesn't know the watch market as well as TRF.

They just see used stainless steel Rolex.

AK797 · 23 May 2018, 09:15 AM

We had an auction recently where vintage Rolexes were sold for 3 and 4 times the high estimate so these things are just bidbait.

77T · 23 May 2018, 10:10 AM

That very low estimate is a blot on the Christie’s brand methinks. It’s not the opening bid - it’s supposed to be a reasonable auction estimate.

Sent from my iPhone using Tapatalk Pro

Old Geezer · 23 May 2018, 10:15 AM

Just a ploy to get bidders in. No different than a car dealer advertising a single car at a ridiculous price. When a buyer shows up, that car just sold but they are happy to show full priced models. Once there, It’s much easier to separate bidders from their money.

meganfox17 · 23 May 2018, 10:23 AM

Christie's is The World's TOP watch auction house and offers the highest chance of finding the most well funded , top clients and watch collecters in the world.

Don't be fooled by the initial appraisal of Ref 116610LV Hulk. The starting or asking bid price is always underestimated but I won't be surprised if the impressive final hammer price of the Hulk in Hong Kong would be in the range of US$ 25-30K

There's another interesting lot that you guys should check out....I'm predicting that Kermit would fetch a final bid price of between US$ 45-50K

AK797 · 23 May 2018, 09:06 PM

Christie's have form, just saw an Audrey Hepburn working script for Breakfast at Tiffany's with high estimate of £80K get knocked down for £520K.

brandrea · 23 May 2018, 09:28 PM

Quote:

Originally Posted by AK797

Christie's have form, just saw an Audrey Hepburn working script for Breakfast at Tiffany's with high estimate of £80K get knocked down for £520K.

Happy 46000 Neil ...

AK797 · 23 May 2018, 09:37 PM

Quote:

Originally Posted by brandrea

Happy 46000 Neil ...

Cheers Brian, how time flies.

23 May 2018, 05:39 AM	#1
jenniferjanef "TRF" Member Join Date: Jun 2011 Location: Singapore Posts: 1,828	HULK.. why so cheap??? https://www.christies.com/lotfinder/...6-details.aspx Am I missing something? Love to hear your thoughts! Anyone in the market for one.. this is a great chance! HAGW Best regards Jen

23 May 2018, 05:40 AM	#2
joli160 2024 SubLV41 Pledge Member Join Date: Apr 2013 Location: NL Watch: Yachtmaster Posts: 14,759	Low valuation draws a crowd __________________ Day Date 18238, Yachtmaster 16622, Deepsea 116660, Submariner 116619, SkyD 326935, DJ 178271, DJ 69158, Yachtmaster 169622, GMT 116713LN, GMT 126711.

23 May 2018, 06:48 AM	#9
rootbeer7 2024 Pledge Member Join Date: Jan 2014 Location: london Posts: 6,157	It’s got you talking ;) __________________ @imrootbeer7

23 May 2018, 08:29 AM	#11
hugs "TRF" Member Join Date: Oct 2014 Location: UK bad teeth etc Watch: Rolex and Tudor Posts: 1,001	Agree it is just an estimate. Maybe even by the 20 year old plugging it into the database! Arbitrary number. Question could the valuation game work both ways? Say they valued it at $15,000 an uneducated buyer might pay RRP or even a bit over feeling they bagged themselves a bargain. __________________ Rolex Explorer Tudor Black Bay.

23 May 2018, 08:52 AM	#13
gt0279a "TRF" Member Join Date: Jan 2011 Real Name: Steve Location: Georgia Watch: All of them Posts: 579	Well it might skyrocket in price since that particular Hulk is “THE PROPERTY OF A DISTINGUISHED PRIVATE SWISS COLLECTOR” __________________ Current: Rolex Daytona 116500 \| Rolex Submariner 116610 \| Zenith El Primero 03.2150.400/69 Past: Rolex Sea Dweller 126600 \| Rolex Sea Dweller 116600 \| Rolex Sea Dweller 16600 \| Rolex Submariner 16610 \| Rolex Submariner 1680

23 May 2018, 05:42 AM	#4
NeoAnderson "TRF" Member Join Date: Sep 2015 Real Name: NeoAnderson Location: Tax Free Shopping Posts: 725	its bidding. Will go up

23 May 2018, 05:56 AM	#5
Xelorpepsi "TRF" Member Join Date: Sep 2011 Location: UK Posts: 310	The final price will be close to the RRP and once you had the auction fees on top of that, it will become ridiculously expensive. As a side comment, you can make a killing out of auctions in Europe if you are patient and know what you are buying. Lots of bargains including for relatively "rare" pieces such as the 16520.

23 May 2018, 06:34 AM	#7
05carbondrz Banned Join Date: Aug 2015 Location: USA Posts: 2,030	The Auction Houses always shoot low so the consigner is happy in the end.

23 May 2018, 06:35 AM	#8
T01 "TRF" Member Join Date: Jan 2013 Real Name: T Location: AZ, NV, CA Posts: 6,490	Meaningless metric....

23 May 2018, 08:13 AM	#10
WJGESQ Banned Join Date: Jan 2008 Location: Florida Posts: 3,753	I've seen the advertised for 11.5k.

23 May 2018, 08:41 AM	#12
Nikrnic "TRF" Member Join Date: May 2017 Real Name: Louis Nick Ric Location: Michigan, USA Watch: Blnr, Expll, Subs, Posts: 10,172	Starting bid ? Sent from my SM-G900V using Tapatalk

23 May 2018, 09:04 AM	#14
LINVS Banned Join Date: Apr 2018 Location: SoCal Posts: 149	Christies doesn't know the watch market as well as TRF. They just see used stainless steel Rolex.

23 May 2018, 09:15 AM	#15
AK797 2024 Pledge Member Join Date: Feb 2010 Real Name: Neil Location: UK Watch: ing ships roll in Posts: 59,369	We had an auction recently where vintage Rolexes were sold for 3 and 4 times the high estimate so these things are just bidbait.

23 May 2018, 10:10 AM	#16
77T 2024 SubLV41 Pledge Member Join Date: Dec 2010 Real Name: PaulG Location: Georgia Posts: 42,016	HULK.. why so cheap??? That very low estimate is a blot on the Christie’s brand methinks. It’s not the opening bid - it’s supposed to be a reasonable auction estimate. Sent from my iPhone using Tapatalk Pro __________________ Does anyone really know what time it is?

23 May 2018, 10:15 AM	#17
Old Geezer "TRF" Member Join Date: May 2015 Location: South Carolina Posts: 5,287	Just a ploy to get bidders in. No different than a car dealer advertising a single car at a ridiculous price. When a buyer shows up, that car just sold but they are happy to show full priced models. Once there, It’s much easier to separate bidders from their money.

23 May 2018, 10:23 AM	#18
meganfox17 Banned Join Date: Aug 2016 Location: Kuala Lumpur , Ma Posts: 2,011	Christie's is The World's TOP watch auction house and offers the highest chance of finding the most well funded , top clients and watch collecters in the world. Don't be fooled by the initial appraisal of Ref 116610LV Hulk. The starting or asking bid price is always underestimated but I won't be surprised if the impressive final hammer price of the Hulk in Hong Kong would be in the range of US$ 25-30K There's another interesting lot that you guys should check out....I'm predicting that Kermit would fetch a final bid price of between US$ 45-50K

23 May 2018, 09:06 PM	#19
AK797 2024 Pledge Member Join Date: Feb 2010 Real Name: Neil Location: UK Watch: ing ships roll in Posts: 59,369	Christie's have form, just saw an Audrey Hepburn working script for Breakfast at Tiffany's with high estimate of £80K get knocked down for £520K.

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