HODINKEE: Eric Wind Quoted On Major Trends In Spring 2022 Watch Auctions

HODINKEE Brand Editor Logan Baker recently wrote about the major trends from the spring 2022 watch auction season. Eric Wind stated:

"People will consign watches to auction when they think they can do better there than in the private market," Wind says. "Because there has been such upward momentum with the prices of modern watches, people are essentially treating it like the casino and throwing it in there and hoping it goes big. I think a lot of these watches have recently sold for less than what some people think they could have gotten on the private market, so we will probably see a gradual shift back toward vintage…The Vintage Heuer market had a banner day at Phillips New York, after the James Garner unique 3647N set a record for a manual wind Carrera at auction, and a squeaky clean Skippereraalmost cracked six figures. While on a slight upswing – which is something we observed in the December New York sales – vintage Heuers as a whole are fairly unpredictable, as demonstrated by the disappointing performance at Christie's New York of the Siffert Autavia gifted by Steve McQueen to a costume designer on the set of Le Mans.”

Read the article below:

https://www.hodinkee.com/articles/spring-2022-watch-auctions-phillips-christies-sothebys