
Watch auctions
Watch auctions are events where collectors, dealers, and enthusiasts bid on luxury and rare timepieces. Held by auction houses like Sotheby’s or Christie’s, participants place competitive bids to purchase watches that are often valuable, vintage, or limited edition. These auctions provide a platform for sellers to reach a global audience and realize market value for their watches. Bidders participate live or online, with the highest bid winning the item. Such auctions are significant in the watch industry for setting market prices and showcasing collectible watches.