HODINKEE: Eric Wind Quoted on The End-of-Year Auction Performances

On December 16, 2021, Editor and Shop Specialist Logan Baker wrote the in-depth article ‘All, And I Mean All, My Opinions And Observations From The Year-End Watch Auctions’ on HODINKEE. Within the write-up, Baker quoted Eric Wind on the rise of contemporary Patek Philippe complicated watches.

"A rising tide lifts all boats; everything's moving up because everything is getting more expensive, I don't think they'll go down from here" Wind stated in reference to the performance of such models as the reference 5013R-014.

When asked about Rolex, Wind emphasized the value proposition of The Crown relative to the likes of Patek Philippe and other independents:

"The Newmans I thought did well, they were nice across the board; the John Player Special did extremely well at Phillips. There weren't a lot of high-quality vintage watches in the auctions. The market has dried up a bit in terms of fresh-to-market finds. But I don't see it as soft. I see it as stable and still growing. It feels like vintage Rolex is a great value proposition now, given the values we're seeing on modern and independent pieces. There's now an actual value proposition to buying a great steel vintage Daytona for under $100,000, especially when modern Nautilus and Aquanauts are going so insane."

Read the article in its entirety below:

https://www.hodinkee.com/articles/watch-auction-december-2021-phillips-sothebys