Meeting Recap: How to Win (and Sometimes Lose) at Watch Auctions

William Massena - Managing Director of
March 6, 2017

Video recordings of meetings are available to HSNY members.

The speaker at the March 6th meeting of the Horological Society of New York was William Massena, well-known expert in the field of buying and selling watches. In his second lecture at HSNY, Massena gave practical advise on how to deal with auction houses. Some of the largest firms, such as Phillips, Christies and Sotheby's, handle only high end timepieces. Several others share the growing watch auction market, soliciting bids internationally.

It is up to the buyer to be knowledgable about their potential purchase. Sometimes catalogue descriptions are not sufficient and may be exaggerated. Massena suggests doing your homework, reading a condition report about the watch from the auctioneer and personally inspecting it, if possible. These are valuable tips for collectors and investors who undoubtably drive the auction market. HSNY thanks Massena for his great presentation.

Submitted by Walter Pangretitsch, Recording Secretary, HSNY