A reference rarely carries one price. It carries as many as there are dealers
willing to quote it. We place those quotes side by side, then measure them
against the only figure that settles an argument, the sum a collector actually
paid at auction.
What a dealer asks is an opinion. What a watch fetches is a fact.
How to read this.
Asking prices are collected from public retailer listings and refreshed through the day.
Realized prices come from completed auctions, hammer plus buyer's premium. Prices published
in other currencies are converted to JPY at the current rate before
comparison, so figures may differ slightly from the retailer's own page. A reference is listed
here only when at least two retailers stock it. Condition, completeness and service history
vary between listings and account for much of the spread, so treat these as market context
rather than a like-for-like quote.
