New Patek Philippe and Hong Kong Auction Results | Market Wrap

Between new watch releases and surprising auction results, there's lots to talk about on this week's Market Wrap with Mike Manjos! He's starting us off as always by highlighting some of his favorite pieces that came through our doors this week including the Audemars Piguet Royal Oak, Panerai Ferrari GMT, and Patek Philippe Aquanaut. Our main topic breaks down what these releases and auctions mean for the pre-owned market. Mike points out that while a Rolex Daytona stole the headlines, some results from the same auction didn't show the same strength. He also points to a string of minute repeaters going unsold as a sign that certain watches might be the next best value buy. Finally, he wraps up by highlighting Patek Philippe Perpetual Calendars and Rolex sports watches as a place with rising demand that he's looking to buy! Tune in for the full stories on this week's Market Wrap, and don't forget to like, comment, and subscribe! 00:00 Introduction 00:37 Panerai Ferrari GMT 01:30 Audemars Piguet Royal Oak (15500ST) 02:22 Patek Philippe Aquanaut (5168G) 03:00 Hong Kong Auction Results 06:25 New Patek Philippe 08:42 Rising Demand Please Subscribe: https://www.youtube.com/@the1916company/?sub_confirmation=1 View hundreds of hands-on luxury watch reviews at The 1916 Company Watch Reviews channel: https://www.youtube.com/@the1916companywatchreviews/?sub_confirmation=1 Instagram: https://www.instagram.com/the1916company BUY WATCHES HERE: https://www.the1916company.c