Sotheby’s Sale Brings Over $3 Million
Sotheby’s May 10 Geneva sale brought a total of $3,077,240. The top selling lot was number 147, a Patek Philippe platinum split seconds chronograph, Ref. 5959P, which sold for $297,468 against a pre-sale estimate of $250,000 to $350,000. The sale was 74.8% sold by lot and 73.7 % by value. In the antique watch section, a rare and historically significant gold, enamel and diamond presentation pocket watch with matching chain and fob, most probably made for King Ludwig II of Bavaria circa 1880, sold for $198,996, almost five times its pre-sale estimate of $27,000 to $44,000.Other top sellers included a rare Cartier mystery clock made circa 1919 that sold for $258,079, and a Patek Philippe Ref. 3971J perpetual calendar chronograph wristwatch that sold for $132,035. A stainless steel Rolex Cosmograph Daytona “Paul Newman” Ref. 6239 made circa 1968 and a white gold Patek Philippe chronograph Ref. 5070 produced in 1999 each brought $51,288.All selling prices include buyer

Audemars Piguet Water Resistance
Hi all. I popped by the Audemars Piguet boutique today to get a new strap for my beloved AP. I decided to get a complimentary water-resistance test since it doesn't take more than 5 minutes. To my shock and disappointment, my AP ROO ref 26400SO, which was barely 3 month old from an Official AD, did not pass the test. They told me that I should send it in for a service, and anything done to the watch would be FOC as it is under warranty.However, after blowing $46,800 Singapore Dollars on a watch, should I not be expecting quality control better than this? I am frankly a bit upset that this is an issue, and I now have to send it back to AP for 6-8 weeks. Has anyone ever experienced this? What do you guys think about this lack of QC? Is it something that I have a right to be upset about? We are talking about a 3-4 month old watch purchased in July. I need some advice!!

Father and Son's Seamasters
My father bought his Seamaster 30 (right) used in England in the late 60s and has worn it almost every day since. This watch saw a lot of action - He traveled from England to India overland and lived in India with it for years. We now live in the U.S. - this watch has been his constant companion. A couple of years ago, I bought myself a 30th birthday present of the Seamaster Planet Ocean 45.5mm with the 8500 movement. I had lusted after Planet Oceans since I first took a real interest in watches in my early 20s. The two watches are VERY different and I'm sure that individual tastes would side very much with one or the other, but I really enjoy the fact that we both wear Omega's from the same lineage. They reflect our personalities in their differences, but a commonality of family. Just felt like sharing these pictures as we had them together the other day and took a couple of snaps. Anyone else have family watch stories to share?

How much did you lose on average?
Not particularly related to Patek...Since I switched from quartz to mechanical watches back in the summer of 2012 (now about 5 years), I have lost about 20 percent of what I invested so far by flipping watches. Which is on average about 4 percent per year.I calculate it as follows: amount spent on mechanical watches minus amount recuperated from selling some of them (ignoring depreciation or appreciation of the watches currently owned but also ignoring inflation or deflation of money).Using this calculation, how much did you lose so far in percentage? Curious to know what people in general lose over a longer period of time (5+ years). Please exclude non-mechanical watches (e.g. Fitbit, Apple Watch, Casio).CheersV.

great article and question
Saw this today:https://.hodinkee/articles/ta...gs-really-meanhttps://en.wikipedia.org/wiki/Water_...tches_standardSo:Shock resistance. This is tested by two shocks (one on the 9 o'clock side, and one to the crystal and perpendicular to the face). The shock is usually delivered by a hard plastic hammer mounted as a pendulum, so as to deliver a measured amount of energy, specifically, a 3 kg hammer with an impact velocity of 4.43 m/s. The change in rate allowed is ��60 seconds/day.Resistance to salty water. The watches under test shall be put in a 30 g/l NaCl (sodium chloride) solution and kept there for 24 hours at 18 to 25 ��C. This test water solution has salinity comparable to normal seawater. After this test, the case and accessories shall be examined for any possible changes. Moving parts, particularly the rotating bezel, shall be checked for correct functioning.Do they really expect to see any changes to the Rolex or any watch for slat water after 24 hours? not sure, just curious