Ep. 120 - Records and Soft Results in New York at Phillips, Christies, Sotheby's

New York City hosted the year end watch auctions for many of the major auction houses. The auctions showed an interested array of results. Everything from record-setting results for watches like the F. P. Journe’s Tourbillon Souverain in platinum with a rose-gold dial that sold for $1.24 million, but also Audemars Piguet Royal Oaks that sold for below their retail price. Is the hype over? Or are collectors getting back to basics?

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