Great "investment " potential!

[lowdrag]

Not that a quartz watch interests me, but an auction house has a boxed "Limited Edition " Tag Heuer Senna chrono for sale. I looked at how much they are new and found €3,550. The auction house estimates €500. Some investment huh!

[T6 vanman]

Estimate and closing bid may be significantly different

[lowdrag]

Seen it too many times before. like a car estimated at £15,000 that sold for £90,000. The auction house had no idea how rare it was. I'll post the sale price.

[anonymous-user]

lowdrag said:

Not that a quartz watch interests me, but an auction house has a boxed "Limited Edition " Tag Heuer Senna chrono for sale. I looked at how much they are new and found €3,550. The auction house estimates €500. Some investment huh!

Which Tag is it? Quartz sounds like it would be a Formula 1? I've got one of those and it cost nowhere near €3k. But please post the sale price as I'm thinking of moving mine on now anyway

[lowdrag]

I know nothing about them, but this is it:-

https://www.easyliveauction.com/catalogue/lot/8f2a...



ETA:- and it sold for £1,050

Edited by lowdrag on Friday 10th February 07:45

[anonymous-user]

Yes it is a Formula 1, and happens to be the exact one I'm looking to move on, so that gives me a very useful benchmark, thank you.

List price was £1200, so the buyer will be paying more than that once the fees are covered. There were no discounts either, in fact they were pretty difficult to get hold of!

[bigandclever]

Can we all agree they were never a 3 grand watch?

[lowdrag]

bigandclever said:

Can we all agree they were never a 3 grand watch?

Er - no!!!!!

https://www.marketcrossjewellers.com/tag-heuer-for...

[bigandclever]

lowdrag said:

bigandclever said:

Can we all agree they were never a 3 grand watch?

Er - no!!!!!

https://www.marketcrossjewellers.com/tag-heuer-for...

That's not the same watch

The auction was this one .. https://www.jurawatches.co.uk/products/tag-heuer-s...

Weirdly you could probably make a case for it actually being a half-decent investment for a Tag, in that it didn't lose huge value between RRP and auction.

Edited by bigandclever on Friday 10th February 12:07

[lowdrag]

Every day is a school day. But ask me about IWC and that's another matter

[anonymous-user]

bigandclever said:

lowdrag said:

bigandclever said:

Can we all agree they were never a 3 grand watch?

Er - no!!!!!

https://www.marketcrossjewellers.com/tag-heuer-for...

That's not the same watch

The auction was this one .. https://www.jurawatches.co.uk/products/tag-heuer-s...

Weirdly you could probably make a case for it actually being a half-decent investment for a Tag, in that it didn't lose huge value between RRP and auction.

Edited by bigandclever on Friday 10th February 12:07

The watch in question for this topic is a quartz. The £3k one is an automatic.

I have to say, I bought mine because I liked it. I never expected it to stay even close to retail, so that's an unexpected win. Especially as I've just agreed to buy some Porsche Cup 1s and I need to magic some cash from somewhere!