Valuence Holds Fifth ALLU Auction for the General Public
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ALL![Valuence Holds Fifth ALLU Auction for the General Public](https://www.valuence.inc/wp-content/uploads/2024/07/ALLU-AUCTION-5th-1024x683.jpg)
Richard Mille Declutchable Rotor Scores Highest Winngin Bid at 17.5 million yen An Opportunity to Encounter Timeless Value Through Auction House for Luxury Brand Timepieces
Valuence Japan Inc. (Tokyo; Shinsuke Sakimoto, representative) held a 5th ALLU AUCTION on July 21 for general consumers. The auction dealt mainly in rare and valuable timepieces.Membership Up 100%, Inbound Demand Continues to Rise With the Weak Yen
Leveraging Valuence Group expertise in auction management, Valuence has launched a luxury timepiece auction house for the general public, ALLU AUCTION. The company held a fifth auction on July 21 at VALON BY VALUENCE, an art lounge for premium Valuence customers.Auction attendance, including live participation, online, telephone, etc., rose 110% compared with last year’s event, marking an all-time high. Inbound demand in Japan continues to increase with the weak yen. Some auction attendees traveled from as far as China and the U.S. to bid personally on timepieces. Many were repeat attendees, several of whom had successful bids at the previous and most-recent auctions. Customers chatted enthusiastically with each other about watches at the venue, enabling ALLU AUCTION to become a place to build communities and provide new value.
■Successful Bid Highlights
The following is a partial list of the successful bids received at the 5th Auction. The final hammer of this fifth annual auction concluded a very successful event with 87% successful bids. The highlight of the auction was the Richard Mille RM 30, a masterpiece undergoing four years of development and featuring a declutchable rotor, a movement that disconnects from the winding barrel automatically when the spring is fully wound, thereby reducing stress on the movement.![](https://www.valuence.inc/wp-content/uploads/2024/07/RICHARD-MILLE.jpg)
Brand: Richard Mille
Model: Automatic Declutchable Rotor
Reference No.: RM030
Winning Bid: 17.5 million yen
![](https://www.valuence.inc/wp-content/uploads/2024/07/Cartier.jpg)
Brand: Cartier
Model: Tank Louis
Reference No: W5310012
Winning Bid: 6.3 million yen
![](https://www.valuence.inc/wp-content/uploads/2024/07/PATEK-PHILIPPE.jpg)
Brand: Patek Philippe
Model: Nautilus
Reference No: 5712/1A-001
Winning Bid: 12 million yen
Bid results for all items are available for view at the link below:
https://www.allu-auction.com/lot/5
*The date of the 6th ALLU AUCTION has yet to be determined. Valuence will announce the date of the event online and through social media as soon as it is determined.
【How to Sell Consignment Items】
If you are interested in listing an item in the 6th ALLU AUCTION Auction, please contact us below. Consultations on consignment listings are now available on LINE.
How to Sell Consignment Items:https://www.allu-auction.com/howtosell
Consult us about consignments(LINE):https://allu-official.com/jp/ja/line/login/
Service Hours:10:00 to 19:00
*Services not available on Saturdays, Sundays, and national holidays.
■About ALLU AUCTION
ALLU AUCTION is an auction space that offers opportunities to bid on valuable, one-of-a-kind items through high-quality services. This combination creates a special and satisfying experience for customers. Valuence Japan will offer a selection of rare and limited-edition items that are difficult to source other than through the Valuence Group. The company promises careful maintenance by skilled watchmakers, and welcomes customers with attentive customer support and hospitality.From Tokyo to the world, Valuence Japan will offer the unique ALLU AUCTION, linking people to people and era to era.
・Website:https://www.allu-auction.com/
・Instagram:https://www.instagram.com/allu_auction/(allu_auction)
・X(formerly known as Twitter):https://twitter.com/allu_auction(@allu_auction)
・Facebook: https://www.facebook.com/ALLUAUCTION
・LINE:https://allu-official.com/jp/ja/line/login/sns-register?sns=allu&v=116