Watch Auction Sites

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Watch auctions are a great way to find a great deal on a luxury watch. While you can usually find a good price at a retail store, auction sites often have better prices. The auctioneer will list the lot’s description a few weeks before the auction, so you can research the watch and get an idea of the price you can expect.

These auctions are usually held once a year or twice a year, so you should be prepared to wait a while if you are in a hurry to find a good deal. To participate in the auction, you need to register with the company and create an account. Once you do, you can bid in person, over the phone, or online. If you plan to attend the auction in person, you will have to present an ID and make a deposit.

Phillips and Sotheby’s are two of the largest watch auction sites in the world. Antiquorum was founded in 1974 and became the first auction house to exclusively sell wristwatches. This is when the market for wristwatches started to mature. Its founders, William Massena and Osvaldo Patrizzi, were enterprising enough to expand the market and offer an auction platform that allows bidders to bid on their watches.

Another way to buy a watch is to buy a second-hand one. While the prices on watch auction sites are usually lower than in retail stores, they can sometimes be very high or low. The lowest price can indicate the product has some issues or may be stolen. While counterfeit watches are rare, they are dangerous for novice buyers.

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