30 Under 30 2024

Big purchases: Buyers' market

Expert advice on luxe investments

Published: Oct 9, 2018 05:45:20 PM IST
Updated: Oct 9, 2018 05:52:45 PM IST

Big purchases: Buyers' market

John Reardon
International head of watches, Christie’s

Jean-Claude Killy Rolex—Dato-Compax

Legendary skier’s timepiece line from the ’60s is an increasingly hot alternative to the famed Rolex Daytona. Be mindful: Dial and case condition are everything.

Patek Philippe Ref 2526  

With fewer than 600 of these produced in the 1950s, most with porcelain-enamel dials, near-mint-condition models will see prices rise steadily.

Richard Mille High-End Modern Production Watches
When a downturn arrives, the first to feel it will be watches that retail above $500,000. Have an extra one? (But of course.) Move it now while resale prices are high.

Big purchases: Buyers' market

Anthony Giglio
Wine director for American Express’ Centurion Lounges; contributing editor to Food & Wine

2015 Tenuta Delle Terre Nere Etna Calderara Sottana

Proprietor Marc de Grazia was one of the first to recognise the potential of Sicily’s long-dormant Etna region. This spicy red, rich-in-raspberry fruit and silky tannins, will last beyond a decade.

All Northern Rhône Reds
Availability of older vintages of Côte Rôtie, Hermitage and especially Cornas is sparse; demand has skyrocketed. Place your largest bets on Cornas’ “big four” vintners: Thierry Allemand, Auguste Clape, Noel Verset and Robert Michel.

1982 Red Bordeaux  

Time to crowbar open those original wooden cases of ’82 and either drink or sell. The ripeness of that legendary vintage has started to turn the flavours of aging into those of stewed fruit.

Big purchases: Buyers' market

Zohar Elhanani
CEO of MutualArt, a comprehensive online art-market information guide

Loie Hollowell  

Young painter of abstract and suggestive work, on the tip of every collector’s tongue, is showing at the Pace Gallery in London this autumn. Only one work has auctioned; it sold for $68,750, four times the midrange estimate.

Ulay & Marina Abramović Collaborative Polaroids  

An exhibition of solo and collaborative works in London next year is likely to drive demand for these radical performance artistes, particularly their Polaroids from the 1980s.

Lucas Cranach the Elder  

Four paintings by the German Renaissance master have sold in excess of $1 million this year.
His works aren’t in limited supply. Can demand keep up?

(This story appears in the 26 October, 2018 issue of Forbes India. To visit our Archives, click here.)

Post Your Comment
Required, will not be published
All comments are moderated