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WORLDWIDE Chapter 149 Message Board Forum Index » Pocket Watch Value Line for Collectors » FISH? Goto page 1, 2, 3  Next
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FISH?
PostPosted: Thu Jul 23, 2020 7:39 pm Reply with quote
Jon
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Did anyone observe the fish running tonight?

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Jon "the truth" Hanson
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PostPosted: Thu Jul 23, 2020 7:53 pm Reply with quote
JohnL
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gawd, insane prices...

who said the watch markets soft, a lot of the watches went for world records considering the state of the economy!

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PostPosted: Fri Jul 24, 2020 8:16 am Reply with quote
Jon
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.....and the condition of same.

Fakes for fish is the new norm!

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Jon "the truth" Hanson
Founder and President of Chapter 149--the leading horological collectors' club!
American Horologe Co -- America's Most Respected Name
SUPPORT ETHICAL PRACTICES IN HOROLOGY--Keep watches original--DO NOT SWITCH, PART OUT OR "CREATE" PW abortions!
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PostPosted: Fri Jul 24, 2020 8:19 am Reply with quote
Neilywatch
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I think they are trying to move their net worth out of Cash?

I spoke with someone else, he thinks the perception that watches are a good hedge against inflation is coming back.

The Earnshaw went wild, even pre 2008, I dont think I ever saw one go that high!

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PostPosted: Fri Jul 24, 2020 8:30 am Reply with quote
interstatetime
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Joined: 03 Dec 2002
Posts: 3542
Location: Indiana




JohnL wrote:
gawd, insane prices...

who said the watch markets soft, a lot of the watches went for world records considering the state of the economy!


I had a couple of bids in that were quickly trampled.

What in particular do you think were the overly high prices John and Jon. I was surprised about some of the Hamiltons...especially the For RR Service 16s which were almost back up to previous highs.

One thing I will say is that Diana has done a good job of advertising these auctions on social media. Some of the pieces that went really high like the beautiful gold filled case with sailboat got a zillion likes when she put them on the watch forums. I think this has recruited a lot of bidders outside the regulars.

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John Cote (Member #105)
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PostPosted: Fri Jul 24, 2020 8:42 am Reply with quote
Jon
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Location: Boston, Ma




Many foreign pieces went crazy like the recased TE Neil mentioned and the horribly cased Arnold

Lady at sea

Faked dial Hamiltons

Off condition stuff

Watches are off to the races with possibly foreign buyers participating

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Jon "the truth" Hanson
Founder and President of Chapter 149--the leading horological collectors' club!
American Horologe Co -- America's Most Respected Name
SUPPORT ETHICAL PRACTICES IN HOROLOGY--Keep watches original--DO NOT SWITCH, PART OUT OR "CREATE" PW abortions!
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was to buy and harder to sell
PostPosted: Fri Jul 24, 2020 8:46 am Reply with quote
Jon
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A hedge? Wait until these "hedge buyers" go to resell them and pay the percentage to sell!

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Jon "the truth" Hanson
Founder and President of Chapter 149--the leading horological collectors' club!
American Horologe Co -- America's Most Respected Name
SUPPORT ETHICAL PRACTICES IN HOROLOGY--Keep watches original--DO NOT SWITCH, PART OUT OR "CREATE" PW abortions!
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PostPosted: Fri Jul 24, 2020 9:10 am Reply with quote
pocwatjim
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Joined: 04 Sep 2008
Posts: 857
Location: Decatur, TN.




It all depends on what you wanted.

The Hamilton Railroads with the switched middle of the dials etc. were "off limits" to most collectors.

I bought both of the 11J's and the 947, you can never go wrong with that stuff.


In fact a 11J Nickel hunter was sold last year in FL by Don B for 6,500. so I feel like like I got a deal on the one I got for 4,600.

There was a new guy pwham23j bidding up everything to unrealistic prices and he outbid me on 20 watches, so good for him.If he was buying for resale he is out of luck.

So, in all, I was happy with the sale. Smile

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Jim Haney
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PostPosted: Fri Jul 24, 2020 9:16 am Reply with quote
Jon
Chapter President
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Location: Boston, Ma




Name change for Jim== hammiejim or hamkingjim

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Jon "the truth" Hanson
Founder and President of Chapter 149--the leading horological collectors' club!
American Horologe Co -- America's Most Respected Name
SUPPORT ETHICAL PRACTICES IN HOROLOGY--Keep watches original--DO NOT SWITCH, PART OUT OR "CREATE" PW abortions!
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Re: was to buy and harder to sell
PostPosted: Fri Jul 24, 2020 9:17 am Reply with quote
geno
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Joined: 28 Oct 2005
Posts: 1740




Jon wrote:
A hedge? Wait until these "hedge buyers" go to resell them and pay the percentage to sell!
Exactly, it is real easy to buy, much harder to resell at a profit. This could be a case of new buyers stepping up and having no experience with the price swings of the past. The precious metals are helping with gold at or near an all time high. Ebay lately has not had a lot of better watches lately so that could effect auctions with better material. JH has developed a very good following over the years and are now reaping the benefit Geno
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PostPosted: Fri Jul 24, 2020 10:19 am Reply with quote
Jon
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Location: Boston, Ma




THE BIG QUESTION: WHAT WILL THESE NEWBIE BUYERS (hedge fund types) THINK WHEN BETTER EXAMPLES IN MULTIPLES SHOW UP IN FUTURE AUCTIONS?

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Jon "the truth" Hanson
Founder and President of Chapter 149--the leading horological collectors' club!
American Horologe Co -- America's Most Respected Name
SUPPORT ETHICAL PRACTICES IN HOROLOGY--Keep watches original--DO NOT SWITCH, PART OUT OR "CREATE" PW abortions!
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PostPosted: Fri Jul 24, 2020 11:29 am Reply with quote
HOWARD
Chapter Member
Joined: 19 Sep 2008
Posts: 137




I observed the sale with wonderment. It looks like are RRs are back?

Time to "fish" and invest.

Howard

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Howard
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PostPosted: Fri Jul 24, 2020 1:30 pm Reply with quote
Jon
Chapter President
Joined: 02 Dec 2002
Posts: 26906
Location: Boston, Ma




Countdown begins to better Hammie examples!

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Jon "the truth" Hanson
Founder and President of Chapter 149--the leading horological collectors' club!
American Horologe Co -- America's Most Respected Name
SUPPORT ETHICAL PRACTICES IN HOROLOGY--Keep watches original--DO NOT SWITCH, PART OUT OR "CREATE" PW abortions!
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PostPosted: Fri Jul 24, 2020 5:04 pm Reply with quote
Jon
Chapter President
Joined: 02 Dec 2002
Posts: 26906
Location: Boston, Ma




I can now envision the future pimping for upcoming Hamilton auction sales.

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Jon "the truth" Hanson
Founder and President of Chapter 149--the leading horological collectors' club!
American Horologe Co -- America's Most Respected Name
SUPPORT ETHICAL PRACTICES IN HOROLOGY--Keep watches original--DO NOT SWITCH, PART OUT OR "CREATE" PW abortions!
View user's profile Send private message Visit poster's website
PostPosted: Fri Jul 24, 2020 6:44 pm Reply with quote
Sangamo
Chapter Member
Joined: 25 Aug 2005
Posts: 1866




interstatetime wrote:
JohnL wrote:
gawd, insane prices...

who said the watch markets soft, a lot of the watches went for world records considering the state of the economy!


I had a couple of bids in that were quickly trampled.

What in particular do you think were the overly high prices John and Jon. I was surprised about some of the Hamiltons...especially the For RR Service 16s which were almost back up to previous highs.

One thing I will say is that Diana has done a good job of advertising these auctions on social media. Some of the pieces that went really high like the beautiful gold filled case with sailboat got a zillion likes when she put them on the watch forums. I think this has recruited a lot of bidders outside the regulars.


i also gazed with wonderment at some of the results, especially when noting the description of 'repaired' dials... that 16s ARRS was of wonder... guess the marking on the movement assisted the $

Lots of em out of my range...

but noted 951 and 947 'off' from all time highs and 951 at least was gold....

that incredibly cased 18s did receive some attention....

and noted the bidder jim mentioned... some strong $$ thrown around...

What is it that Geno has said, make the 'money' on the BUY, not the 'sell'....

got my tracking number today for one item Metcalfe.

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Terry Hall
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FISH?
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