On Sunday March 22 in Milan, Patrizzi & Co. auctioneers brought the hammer down on the Davide Blei Rolex collection, selling 98% of the lots for a total of 2,736,400 euro or slightly more than $3.7 million. The sale result does not include a buyer’s premium, as Patrizzi & Co. does not charge a buyer’s premium. More than 200 people followed the auction, including more than 100 online. In a press release Patrizzi & Co. said “[I]t is comforting to know that despite a global economic crisis, fine horology remains, as it has throughout history, a strong, stable market, capable of inspiring great passion and excitement.”
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