In an auction, you can get an incredible amount of excitement, but it’s also possible to get carried away. You may find yourself buying more than you should just out of sheer excitement. The good thing is that you don’t have to be a collector or a watch expert to find a great deal. Just remember that you aren’t the first person to do this!
While selling a watch at an auction may be a time-consuming process, it can also be a great way to sell a luxury timepiece to an interested audience. When selling a watch at auction, the auction house will take a percentage of the price in exchange for their services. However, be prepared for the auction process to take several months, especially if you’re selling a high-end timepiece.
Many major auction houses had watch departments. Over the next few years, these departments began to grow. These auctions attracted collectors from around the world. However, they were not particularly friendly to the novice collector, and many of the people attending these events were watch dealers. The atmosphere was also quite intimidating and difficult for a watch collector to navigate.
To avoid these problems, you should always look for watches that are authentic. A legitimate auction will only offer watches that have been vetted by professionals and come with original boxes and papers. A fake watch could have had several owners, and its value would be lower than its authentic counterpart.