It doesn’t happen too often, that watches from an independent watch brand are auctioned. So the rare moments this happens I’m always interested to see how it did.
Yesterday an MCT Sequential One in pink gold (from January 2009) was auctioned by Antiquorum in New York. The auctioneers set the estimate at $25,000 to $35,000. The hammer price was $40,000 and including the auction premium this makes $50,000. Although the new owner paid only 50% of the new value, I think this is not bad for two year old watch from such a relatively unknown brand!
For collectors, auctions like held by Antiquorum offer the opportunity to obtain watches that have been sold out or that are just above budget when they’re new. Personally I would feel comfortable buying a used independent (if I had the budget), although I’ve heard people who worry about warranty and service by smaller independent. For those who do worry, maybe reading about GEO’s experience with his recently acquired Hautlence HL05 will be comforting.
At Baselworld 2010 I met with MCT Watches and got to see the Sequential One ‘in the metal’ and immediately loved it. Look at my previous post to read more about MCT Watches and the Sequential One’s technical features. Especially the very intuitive time indication, which is far from the ordinary, is a joy to look at.