Bulgari - DR & GG pieces were sold at a steal

DR & GG pieces were sold at a steal

Jan 01, 2012,17:51 PM

at auctions, particularly DR (base on Prices Realized at past several Christie's auctions). The Prices Realized were inclusive of 25% buyer's premium. Thus, the DR in your post went for $4,000, despite its very good condition (according to its Condition Report), In fact, at $4,000, it did considerably better than many other DR pieces auctioned, with quite a few below the Estimated Price.

Lot Condition Report

At the time of cataloguing the case with very minor shallow wear. The dial is clean and original. The movement is running. With a lightly worn Bulgari crocodile strap.

I noticed it is the high jewel, signature pieces of Bulgari that attracted more attention and intense competitions between bidders. It makes sense as these pieces are more of Bulgari's own heritage.

Melvin

This message has been edited by mell0822 on 2012-01-01 17:59:08

Comments: view entire thread

How do Bulgari watches do at auction?

By: pingtsai : December 31st, 2011-21:39

How do Bulgari Watches do at auction? A telltale indication of a brand's public demand and popularity is how its items perform on the auction front. Auctions can be especially telling for vintage pieces from names with a long standing history such as Bulg...

DR & GG pieces were sold at a steal

By: mell0822 : January 1st, 2012-17:51

You need to look at the price + buyer's premium

By: AnthonyTsai : January 4th, 2012-12:03

because that is the final price the buyer has to pay. And when you bid on things on auction, you calculate your bids based on how much you have to pay including the buyer's premium. So I wouldn't look at the Endurer final price as $4k but rather $5k. If I...

Bulgari at Auction

By: Meehna : January 4th, 2012-12:51

Hi Ping, I mean no disrespect when I say that the Bulgari's in Elizabeth Taylor's collection are not representative of what the watches will do at auction under less fevered circumstances. More than just buying a watch, people were buying a legend, a piec...

Absolutely, I agree with you.

By: pingtsai : January 7th, 2012-11:37

I guess I wasn't trying to say that all Bulgari watches sell the same way. I was just pointing out some examples that were interesting and noteworthy. Thank you though for pointing this out.