eBay Lost Time watch auction marks end of BST

Category: eBay News
eBay Lost Time watch auction marks end of BST

As daylight savings grants the nation an extra hour, eBay UK is revealing its most desirable line up of watches yet – the Lost Time collection.

Lost Time is something that has always impacted eBay sellers who run auctions, as twice a year the end time of any auctions started before the clocks go forward in Spring or backwards in Autumn gets changed. In past years this was critical as no one wanted an auction ending before people were sat at their computer ready to bid. However it’s less important these days as with the mobile App (or even a mobile browser), it’s so much easier to put in a last minute snipe wherever you happen to be as the clock ticks down.

The Lost Time collection will feature twelve coveted and rare authenticated timepieces, which watch enthusiasts may have ‘lost time’ searching to acquire, this assorted auction is set to go live on Saturday 28th October at 2 a.m., ending twenty-five hours later when the clocks change.

Hand-picked due to their history and exclusivity, the Lost Time collection represents the best of the best: A stand-out piece, the Vacheron Constantin Overseas Dual Time, model 7900V/110A-B334, with its unique dual-time feature, is more than a watch, and ventures into a true statement item.

Also featuring the Patek Philippe Perpetual Calendar Chronograph, model 3970EP, the intricacy of complications beneath the watch makes it a true hallmark of Patek Philippe’s legendary craft.

Not to be overshadowed, the Rolex Daytona Stainless Steel White Dial Panda, model 116500LN, is cemented in horological lore, and with its characteristic black and white dial, the steel ‘Panda’ possibly stands as one of Rolex’s most iconic pieces.

The secondary market has become the go-to destination for luxury watch purchases, with waitlists and exclusivity making in-demand pieces seem beyond reach.

Almost half (46%) of watch enthusiasts have bought a second-hand luxury watch over new in the past three years, because they were able to find rarer, more unique models (44%). While new research also reveals that limited product (35%) and long wait lists (31%) are amongst the main barriers to buying a luxury watch. With nearly one in four (22%) spending at least a few months trying to find a luxury watch, the Lost Time collection opens up access to sought-after models, without the hurdles found elsewhere*.

A number of the authenticated watches featured in the collection have also been selected in response to increased demand on the marketplace. Searches for ‘Rolex Yellow Gold’, ‘Omega Speedmaster Moonwatch’ and ‘Cartier Tank’ increased by 30%, over 35% and over 45% respectively on eBay in the past year aligning with emerging trends in the watch industry.

eBay and the secondary market are opening doors to a level of exclusivity often unattainable through primary sales channels. We know time is lost by enthusiasts waiting, watching and searching for their next purchase at retail, often gravitating to the marketplace as a solution.

We hope that this special 25-hour auction, timed when the clocks change, will reimburse this lost time with the opportunity to bid on twelve standout watches from both recent and past years, all in one unique auction.

– Keith Metcalfe, Director of Luxury, eBay Europe

As a seasoned collector, the thrill and challenges of pursuing unique timepieces are all too familiar to me. eBay’s 25-hour auction offers a special opportunity, spotlighting a curated selection of sought-after watches that collectors may have previously ‘lost time’ trying to acquire. While many pieces in the offering have piqued my interest, the Cartier Carrée truly stands out. Like many of us, I’ve long admired Cartier, and the burgundy dialled iteration of the Carrée has been on my wish list for a while. so I will be keeping a close eye to see how that auction plays out.

– Tom Exton, Watch Collector and Lifestyle Content Creator

The twelve-piece Lost Time Collection

  1. Vacheron Constantin Overseas Dual Time (7900V/110A-B334)
  2. Patek Philippe Perpetual Calendar Chronograph (3970EP)
  3. Patek Philippe Aquanaut (5164R-001)
  4. Rolex Pearlmaster White Gold Mother of Pearl Dial (81319)
  5. Rolex Oyster Perpetual (124300)
  6. Rolex Daytona Stainless Steel White Dial Panda (116500LN)
  7. Omega Speedmaster Moonwatch (311.32.40.30.01.001)
  8. Omega Seamaster 007 ‘No Time to Die’ Edition (210.92.42.20.01.001)
  9. Cartier Santos Carrée Burgundy Dial (2961)
  10. Cartier Pasha Yellow Gold
  11. Cartier Tank Must (WSTA0055)
  12. IWC Big Pilot’s Perpetual Calendar “Toto Wolff” (IW503607)

Launched in 2021, eBay’s Authenticity Guarantee programme vets and verifies luxury watches sold for over £1,500 on the marketplace, making it easier to purchase a timepiece with confidence. The Authentication programme also encompasses an assortment of luxury goods, including jewellery, handbags and sneakers.

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