Auctions recap Fall 2022
Welcome back on Watches TV and to the latest industry news during the auction season. It was interesting to follow the big sales here in Geneva, where we’ve seen some surprises in prices and sold and not sold lots at Christie’s, Sotheby’s, and Phillips.
We’ve been saying before that this autumn can bring more profit to the auction houses because of the strong focus on the secondary watch market (https://www.youtube.com/watch?v=mY2nm..., and it was impressive to see another strong trend, which is the increase of online bidding and younger participants.
And it is obvious that such a trend can be observed not only in Europe.
A couple of weeks ago, we spoke to Shoyo Kawamura, a Phillips watch specialist in Hong Kong, and ask him to tell us how things are going in the Asian market. And apparently, Phillips has benefited a lot from the pandemic and online sales.
So, hear it yourself and comment below what you think.
