WuW Live Short: AUCTIONS... and Market Corrections.

http://www.thewatchbox.com NOTE: Antiquorum Hong Kong Auction was held July 9, not 7th. Luxury Watch auctions are rife with hype and bubble psychology. Certain watches below the apex brands may be inflated by "irrational exuberance." While blue-chip watches will remain investment grade, even they are not immune to periodic corrections. In this highlight from our July 22 live broadcast, thewatchbox.com Watch Specialist/Media Director Tim Mosso and Lead Watch Buyer Joshua Thanos briefly touch on the phenomena of the recent auction marketplace, declines in Swiss watch exports, and the parallel world of collector cars. Video and content by Tim Mosso and Pheline Jerome.