Only Watch, Patek Philippe and Cartier Results, and Rexhepi Watches at Auction | Market Wrap
HTML-код
- Опубликовано: 30 сен 2024
- Mike is back to break down auction results and what they say about the current watch market. With Patek Philippe, F.P. Journe and Rexhep Rexhepi watches performing well both at Only Watch and Geneva auctions, Mike discusses what this means for the general auction scene and rare watches versus commodity pieces. He also looks at Cartier's continous growing strength in this episode of Market Wrap.
Please Subscribe:
/ @the1916company
Learn more about The 1916 Company
www.the1916com...
Download Our App:
onelink.to/watc...
Signup for The 1916 Company news and updates:
www.the1916com...
Buy Watches Here:
www.the1916com...
View hands-on luxury watch reviews on The 1916 Company Reviews:
/ @the1916companywatchre...
Instagram:
/ the 1916 Company
MB01QDT3G4VOXNB
I meet Rexhepi while grocery shopping in Geneva. We talked during an unexpected long time and shared experiences about life and business. As there was no language barrier, I can assure you, contrary to many of his peers, he is true nice and humble person. The way he talked to my young son was genuine and intelligent. I am a big fan and happy for these results!
Does anyone else feel like Rexhep watches are over rated?
They are undoubtedly brilliant, but each fetching over a million dollars is insane
Thats onpar with dufour and roger smith..
The 'Back in Philly' update!
I’m surprised OnlyWatch went on after all their shenanigans and “reports” that had to be cooked up after questions started being asked
While Only Watch 2024 wasn't by any means a flop, I don't think we can legitimately consider it a big success by any measure. This 2024 version featured 47 lots and raised CHF 28,320,000 whereas in 2021there were 53 lots and the event raised CHF 30,000,000 (29,740,000 via the lots and 260,000 via a donation in the room to round out the number). I think it says a lot that 2024 raised less money despite significant inflation since 2021. And the fewer lots was a direct result of the scandal related to the charity's operation. Fifteen additional lots were expected back when this event was to happen in 2023 so quite a few did not return, for whatever reason.
Charity auctions like this never want to move backwards in funding raised at cornerstone events. I think this result gives them confidence they have saved the auction from themselves for future years but this year will always have a black mark on it.
I read that one whale (who bought the previous PP) was not bidding which ended being a big impact on the final numbers.
This comment section heavily supports the quote that Americans view themselves as "temporarily embarrassed millionaires", in regards to defending outrageous pricing for FPJ and the likes. I enjoy independent watchmaking a lot, but the commenters jumping at any criticism by saying that someone is poor or needs to go back to wearing G shocks in walmart, are really embarassing
did i miss the watch in the thumbnail because i was curious about it and looking for it inthe video.
Director: _Annnnd cut!_
Mike: __
Nothing here. Just skip this video.
No offense to Watch Box (now the 1916 company), as I enjoy their videos and will continue to watch the reviews - but the commentary of these million-plus dollar timepiece listings at auctions is boring to me. A "darling" - to me anyway - is a timepiece you can get and something you would wear in public. To the others, I don't fawn. I yawn. Making pieces that go into vaults are vanity projects for the elite - and not only makes me cringe but makes me reconsider wanting to continue my relationship with those brands. That's just me...
Long winded way of saying your jealous your not in that circle
@@bdegrds You've got me pegged. You are a genius! What's next for you?
And people say fpj is done 😂😂😂
Of course it is done - their watches bring absolutely nothing to the table. Hell a random russian watchmaker got his auction price higher than fpj🤣
@@danyfarhat55 a salty hater who can’t even afford his entry level watch 😂. The fact that you think rexhep is a random russian watchmaker tells me everything about your understanding of the watch world 🤡 . Keep coping only seiko for you 😂
Nah i’ll stick to my 5235r, 5212a and 15400sr from real watchmakers who haven’t been bought by chanel and who don’t make a antimagnetic watch for onlywatch (omega makes all their watches antimagnetic)😂😂😂😂😂😂
@@danyfarhat55 yeah real watchmakers who make everything with a machine 😂😂 . Unlike the antimagnetic that’s made majorly with hands . Keep clowning yourself more and more its very funny .
Issue with FPJ is his personality and the succession... It is a risk. Remember Frank Muller drama... From extraordinary to sad watches... Today nobody want to touch such a watch, even the masterpieces of the start...
Who the hell is buying these??