Bukowskis Shoot themselves in the foot….

And the seller of the 2915…

Lot 97, sold for $119,000 incl premium. Less than was openly offered pre sale by dealers, and that was before the Premium is deducted.

How to Screw a Sale:

The Auction House instigated a deposit requirement of 30% before allowing bidding on the most expensive speedmaster in the sale. This sale was going to be a challenge to market successfully as they only had it for a few weeks, and it felt rushed to market. I think the buyer got a bargain and a lovely (Nearly) original watch for considerably under what my dealer friends told me they offered the seller privately. While the seller was told to give it to an auction house, the Omega Forum regulars did say Phillips, or another of the big four, who would have taken their time to market directly to collectors. I should know, they do it to me. Bukowskis only contacted me to write an article, they did not offer to send Hi res photos, or ask if I wanted to bid, and most importantly, no one suggested that if I wanted to bid, I would have to send them 30% deposit.

Learn gentlemen. If your Big Brothers are not doing it, chances are its a bad idea.

Here are the results:

Lot NoEstHammer%over/UnderPlus22.5%In USD
1500008000060%98000$10,579
65000040000-20%49000$5,290
116000050000-17%61250$6,612
174500044000-2%53900$5,819
26350004200020%51450$5,554
3160000600000%73500$7,934
35300003800027%46550$5,025
39600007000017%85750$9,257
49550008500055%104125$11,240
72400004800020%58800$6,347
76550009000064%110250$11,901
7950000500000%61250$6,612
83380004600021%56350$6,083
874000035000-13%42875$4,628
951200000900000-25%1102500$119,015