Only Watch, Patek Philippe and Cartier Results, and Rexhepi Watches at Auction | Market Wrap

  Рет қаралды 5,381

The 1916 Company

The 1916 Company

18 күн бұрын

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.
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Пікірлер: 24
@Kogemate
@Kogemate 16 күн бұрын
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!
@itcantbebargainedwith597
@itcantbebargainedwith597 16 күн бұрын
The 'Back in Philly' update!
@albundy3929
@albundy3929 14 күн бұрын
did i miss the watch in the thumbnail because i was curious about it and looking for it inthe video.
@structurescience
@structurescience 16 күн бұрын
Director: _Annnnd cut!_ Mike: __
@WatcheswithDennis
@WatcheswithDennis 17 күн бұрын
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.
@Kogemate
@Kogemate 16 күн бұрын
I read that one whale (who bought the previous PP) was not bidding which ended being a big impact on the final numbers.
@TheWatchOut
@TheWatchOut 16 күн бұрын
Does anyone else feel like Rexhep watches are over rated? They are undoubtedly brilliant, but each fetching over a million dollars is insane
@HRM.H
@HRM.H 16 күн бұрын
Thats onpar with dufour and roger smith..
@miron9756
@miron9756 13 күн бұрын
I’m surprised OnlyWatch went on after all their shenanigans and “reports” that had to be cooked up after questions started being asked
@songoku-jx3cb
@songoku-jx3cb 17 күн бұрын
And people say fpj is done 😂😂😂
@danyfarhat55
@danyfarhat55 17 күн бұрын
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🤣
@songoku-jx3cb
@songoku-jx3cb 17 күн бұрын
@@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 😂
@danyfarhat55
@danyfarhat55 17 күн бұрын
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)😂😂😂😂😂😂
@songoku-jx3cb
@songoku-jx3cb 16 күн бұрын
@@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 .
@Kogemate
@Kogemate 16 күн бұрын
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...
@extrememike
@extrememike 16 күн бұрын
Nothing here. Just skip this video.
@ricardoronaldo837
@ricardoronaldo837 16 күн бұрын
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
@MTbone7
@MTbone7 16 күн бұрын
Who the hell is buying these??
@ericvaldivieso4202
@ericvaldivieso4202 16 күн бұрын
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...
@bdegrds
@bdegrds 16 күн бұрын
Long winded way of saying your jealous your not in that circle
@ericvaldivieso4202
@ericvaldivieso4202 16 күн бұрын
@@bdegrds You've got me pegged. You are a genius! What's next for you?
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