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Eterna-MaticTheir words
Eternas are some of the biggest bargains in vintage watches. This 1963 Eterna-Matic cost $509 at auction + $69 to be serviced = $578 total. It's still accurate to 7 sec/day (dial up).
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Notice anything interesting about this watch coming up for auction in a couple days?
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I think it is insanely unfair to the companies the way they're forced to go through this process where the bankers pick the price and pick the shareholders. There's just no need to do that. If you took a freshman computer science student and a freshman finance student and said, you know, imagine how a company should go public. They would match supply and demand anonymously like you would in any auction.
13 May 2018
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