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  1. Calibre11

    Calibre11 Editor of Calibre11.com Staff Member May 14, 2016

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    Yesterday was the Phillips "Stop Start Reset" Chronograph Auction, with four Heuers on the block

    1. Autavia IDF 113.603
    tumblr_o546ypyBBy1t2su76o1_1280.jpg
    Estimate CHF6,000 - 12,000
    SOLD FOR CHF87,500

    2. Autavia 2446
    right.jpeg
    Estimate CHF12,000 - 24,000
    SOLD FOR CHF75,000


    3. Autavia 73633
    right (1).jpeg
    Estimate CHF2,000 - 4,000
    SOLD FOR CHF10,000

    4. Monaco 74033N
    right (2).jpeg
    Estimate CHF25,000 - 50,000
    SOLD FOR CHF62,500

    So, what do these results mean for the "grounded" Heuer collector? Nothing. These are nice examples of nice watches..but they're not from the top drawer of A+++ collectible Heuers.

    It's important to place these in the context of a different type of collector who has no financial need to spend time online hunting down one of these at the "right" price The IDF piece in particular defies logic. Don't get me wrong, these are very rare and have military provenance...but you're still talking about a price 8-10X the amount you could find over time.

    Also yesterday, we saw the setting of a new record price for a vintage Heuer- Ronnie Peterson's 1158CH which sold for CHF225,000
    Screen Shot 2016-05-15 at 2.40.26 PM.png

    To me, this last watch is better "value" (whatever that means!) than the watches sold at Phillips, given its history and the fact it's Gold (including the bracelet- which cost more than the watch when new!)

    Screen Shot 2016-05-15 at 2.42.46 PM.png

    Makes an interesting comparison to Senna's TAG Heuer 6000 which I showed here

    http://www.calibre11.com/watches-ayrton-senna/

    Last I checked, the asking price was $50,000. OK, the watch is not as special as the vintage Gold Carrera, but it IS Senna...
     
    imagwai and Hubert like this.
  2. imagwai

    imagwai May 15, 2016

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    Interesting. It does sound like one or two bidders got carried away. The 73633 looks nice but doesn't look anything special.
     
  3. elbeik

    elbeik May 15, 2016

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    The intertubes are creating a vintage watches bubble.
    Social media posts, reviews and articles from various sources, are building up the momentum and buyers are getting excited.

    Online hubs such as Hodinkee are behind the drive, establishing trends and dictating what is hot or not.