Sotheby's CEO on Global Sales, Watches, Online Bids

The transcript discusses the state of the luxury market, focusing on concerns about China and the resilience of art sales. It highlights the differentiation in art pieces and the impact of scarcity on the hard luxury market, including watches and cars. The upcoming Freddie Mercury auction is anticipated to be a cultural phenomenon. Online bidding has become dominant post-pandemic, with significant investment in technology. Personal insights into collecting emphasize the importance of understanding the significance and affordability of items.

What trends are observed in the luxury watch market, particularly regarding pricing?

What is the significance of scarcity in the luxury market, according to the discussion?

What are some of the iconic items expected to be part of the Freddie Mercury auction?