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Norbert · 27 August 2019, 01:26 AM

Its fun to read posters projecting themselves as the buyer within their economic station. For example, I'm not buying something that I can't wear. lol. You think someone who drops $17m on anything thinks like this?

Frank McKay · 27 August 2019, 01:28 AM

Quote:

Originally Posted by Norbert

Its fun to read posters projecting themselves as the buyer within their economic station. For example, I'm not buying something that I can't wear. lol. You think someone who drops $17m on anything thinks like this?

Frank McKay · 27 August 2019, 01:32 AM

If I bought the watch for 17M I would totally wear it every where, casinos, dive bars, etc. Hell some novice might even take a glance and say look at this guys beat up watch.

1665fan · 27 August 2019, 01:58 AM

I heard it was bought for 17.8 and sold the next week to Saudi price for 5million more....that’s a good flip for sure

GreatScott · 27 August 2019, 02:50 AM

I bought Paul Newman salad dressing instead.

Sent from my Pixel 2 XL using Tapatalk

bayerische · 27 August 2019, 02:52 AM

It was Rolex. Bought them publicity worth 100 million USD.

calh22a · 27 August 2019, 03:06 AM

I must confess. I’m the one who purchased it. I purchased it for my butler to use as an egg timer. He makes the most splendid hard boiled eggs.

dhknola · 27 August 2019, 03:10 AM

I think it was a total sham deal for Rolex publicity as well.
It was more about ABachs demonstrating his masterful marketing skills and for that I think he gets an A+; they had two rooms of full of eager bidders getting so excited to go up to X and less than ten seconds in, quashed the hopes of all assembled by getting to 10 million nearly instantly and taking the wind out of the wanna be owners who were ready to go up to maybe a few million and not letting anyone there "flex" in bidding wars.
New owner I think is Rolex or a billionaire collector we will really never know.

Norbert · 27 August 2019, 04:30 AM

Why would Rolex buy it and never tell anyone? That's crazy. If they bought it they surely would display it or take it on tour!

zewill · 27 August 2019, 04:33 AM

Quote:

Originally Posted by Norbert

Why would Rolex buy it and never tell anyone? That's crazy. If they bought it they surely would display it or take it on tour!

Duh... It takes value away if they tell it's them.

You paint something as an moderately known artist.
Put it at auction.
Sells for 10 million.
Creates demand for your other pieces of art.

If you tell everyone 'Herp derp, it was me all along', i don't think people will take you seriously and value your art.

Maybe rolex bought it to restore it to a brand new watch. Change dial, case, strap, hands... :D

dtwer · 27 August 2019, 04:57 AM

With the way that watch looks, whoever wears it can pretty much go anywhere and be safer than another guy who wears a blingy, gold Invicta. It's the ultimate stealth wealth.

AK797 · 27 August 2019, 05:08 AM

Quote:

Originally Posted by bayerische

It was Rolex. Bought them publicity worth 100 million USD.

Could also have been the under bidder too.

Mr.Rolex1 · 27 August 2019, 05:53 AM

Quote:

Originally Posted by GreatScott

I bought Paul Newman salad dressing instead.

Sent from my Pixel 2 XL using Tapatalk

Lemieux66 · 27 August 2019, 06:51 AM

I’d wear it if I really liked it, after all, we’re not here forever.

Futuristic · 27 August 2019, 06:54 AM

Guess he must be a flipper...

GB-man · 27 August 2019, 07:05 AM

Insane how many amazing pieces could have been bought instead. Steel 2499 etc. Only a pure investor or rolex would entertain the ask. A watch collector would rather buy several mint PN and vintage pateks etc for that coin me thinks.

ilyknarf · 27 August 2019, 07:12 AM

Would definitely wear it everyday!

Calatrava r · 27 August 2019, 07:17 AM

I would not be surprised if the watch looses a lot of value. 17 mil is really nuts for a watch that cost $150 new. I could see it selling again in the low millions or less when the watch market corrects which it will.

Norbert · 27 August 2019, 07:35 AM

Quote:

Originally Posted by zewill

Duh... It takes value away if they tell it's them.

You paint something as an moderately known artist.
Put it at auction.
Sells for 10 million.
Creates demand for your other pieces of art.

If you tell everyone 'Herp derp, it was me all along', i don't think people will take you seriously and value your art.

Maybe rolex bought it to restore it to a brand new watch. Change dial, case, strap, hands... :D

Sure, because Rolex was hurting for publicity. I think the US government did the same thing with the moon landing. Staged it for PR.

27 August 2019, 02:52 AM	#66
bayerische "TRF" Member Join Date: Nov 2009 Real Name: Andreas Location: Margaritaville Watch: Smurf Posts: 19,879	It was Rolex. Bought them publicity worth 100 million USD. __________________ Yeah, well, you know, that's just, like, your opinion, man.

27 August 2019, 07:05 AM	#76
GB-man 2024 SubLV41 Pledge Member Join Date: Nov 2012 Location: USA Watch: addiction issues Posts: 37,355	Insane how many amazing pieces could have been bought instead. Steel 2499 etc. Only a pure investor or rolex would entertain the ask. A watch collector would rather buy several mint PN and vintage pateks etc for that coin me thinks. __________________

27 August 2019, 01:26 AM	#61
Norbert "TRF" Member Join Date: Oct 2012 Location: Houston, Texas US Posts: 507	Its fun to read posters projecting themselves as the buyer within their economic station. For example, I'm not buying something that I can't wear. lol. You think someone who drops $17m on anything thinks like this?

27 August 2019, 01:32 AM	#63
Frank McKay "TRF" Member Join Date: Jul 2018 Location: Chicago Posts: 1,650	If I bought the watch for 17M I would totally wear it every where, casinos, dive bars, etc. Hell some novice might even take a glance and say look at this guys beat up watch.

27 August 2019, 01:58 AM	#64
1665fan "TRF" Member Join Date: Oct 2017 Location: East coast Posts: 6,660	I heard it was bought for 17.8 and sold the next week to Saudi price for 5million more....that’s a good flip for sure

27 August 2019, 02:50 AM	#65
GreatScott "TRF" Member Join Date: Jan 2018 Location: In a house Posts: 845	I bought Paul Newman salad dressing instead. Sent from my Pixel 2 XL using Tapatalk

27 August 2019, 03:06 AM	#67
calh22a Banned Join Date: Sep 2018 Location: California Posts: 802	I must confess. I’m the one who purchased it. I purchased it for my butler to use as an egg timer. He makes the most splendid hard boiled eggs.

27 August 2019, 03:10 AM	#68
dhknola "TRF" Member Join Date: Dec 2017 Location: New Orleans Posts: 1,175	I think it was a total sham deal for Rolex publicity as well. It was more about ABachs demonstrating his masterful marketing skills and for that I think he gets an A+; they had two rooms of full of eager bidders getting so excited to go up to X and less than ten seconds in, quashed the hopes of all assembled by getting to 10 million nearly instantly and taking the wind out of the wanna be owners who were ready to go up to maybe a few million and not letting anyone there "flex" in bidding wars. New owner I think is Rolex or a billionaire collector we will really never know.

27 August 2019, 04:30 AM	#69
Norbert "TRF" Member Join Date: Oct 2012 Location: Houston, Texas US Posts: 507	Why would Rolex buy it and never tell anyone? That's crazy. If they bought it they surely would display it or take it on tour!

27 August 2019, 04:57 AM	#71
dtwer "TRF" Member Join Date: Oct 2011 Location: midwest Watch: DJ 41 Posts: 1,507	With the way that watch looks, whoever wears it can pretty much go anywhere and be safer than another guy who wears a blingy, gold Invicta. It's the ultimate stealth wealth.

27 August 2019, 06:51 AM	#74
Lemieux66 "TRF" Member Join Date: Sep 2016 Real Name: Greg Location: UK Watch: $10 Casio Posts: 521	I’d wear it if I really liked it, after all, we’re not here forever.

27 August 2019, 06:54 AM	#75
Futuristic Banned Join Date: Dec 2018 Location: panama city Posts: 188	Guess he must be a flipper...

27 August 2019, 07:12 AM	#77
ilyknarf "TRF" Member Join Date: Aug 2019 Location: New York Watch: Submariner Date Posts: 15	Would definitely wear it everyday!

27 August 2019, 07:17 AM	#78
Calatrava r 2024 SubLV41 Pledge Member Join Date: Mar 2017 Location: United States Watch: Rolex and Patek Posts: 11,420	I would not be surprised if the watch looses a lot of value. 17 mil is really nuts for a watch that cost $150 new. I could see it selling again in the low millions or less when the watch market corrects which it will.

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