Some people have found new hobbies during lock down, others have deepened their passion for collectibles like vintage luxury watches.
Fellows Auctioneers has been surprised by a spike in interest for its monthly watch auctions, which have been held only online during the pandemic, and the company’s managing director Stephen Whitaker is planning for a mega sale of exceptional timepieces in August now that the economy is opening up.
In our latest WatchPro Originals interview, Mr Whittaker describes how his team of 60 managed to organize online auctions while working remotely from each other in their homes and went beyond the call of duty to ensure customers received the watches they bought.
Although the economic damage caused by the pandemic is certain to have an impact on demand for new luxury watches this year, it appears that demand for pre-owned and vintage watches has risen during lock down, with a number of world record prices being set.
Fellows has focused on watches that might appeal to more casual collectors during lock down, but the sale in August is going to feature some blockbuster pieces from Rolex and Patek Philippe that have been held back for happier times when lock down eases.