Cazador

The Cazador Index · nº 1 · August 2026

Only 7% of the market has a verifiable price

Of the 300 references across 46 brands documented by Cazador, only 21 currently reach the minimum of 5 public, citable price observations (auction results with a checkable URL or archived list prices). The remaining 93% is bought and sold every day without a single openly verifiable price source. That opacity — not lack of demand — is what this index measures edition after edition.

Dispersion gives the variants away

3 of the valued references show high dispersion (the top of the range exceeds the bottom by more than 50%). That's not noise: it's special variants and provenance selling under the same reference number — a unique Tiffany-dial Nautilus 5711/1A approached $6.5 million while a regular one trades at a fraction of that, and a turquoise-dial Oyster Perpetual multiplies the price of the same watch in black. That's why Cazador publishes per-reference ranges with every lot cited, never a single number.

Where the data comes from

This edition rests on 53 auction results verified with a public URL and 71 archived list prices (Wayback Machine). Each observation is converted to EUR at the ECB historical rate on the lot's exact date. The published range is the p25–p75 interval of the observations.

The 21 references with a verified range

ReferenceVerified range (EUR)n
Cartier WSSA00187,2538,7566
Cartier WSSA00296,6908,1005
Grand Seiko SBGA2115,1295,2425
IWC IW3282014,8075,0035
IWC IW3716178,0368,6275
IWC IW50100111,28512,1875
Longines L2.628.4.51.61,7031,7675
Longines L3.810.4.53.62,0612,1955
Omega 130.33.39.21.02.0016,1076,9355
Omega 210.30.42.20.01.0014,9705,2845
Omega 310.30.42.50.01.0016,0376,6125
Omega 310.30.42.50.01.0026,0566,8415
Patek Philippe 5711/1A168,180416,0005
Rolex 116400GV6,18211,3396
Rolex 1243007,45730,6605
Rolex 12633411,10413,3255
Rolex 126710BLNR12,80017,9405
Rolex 126710BLRO17,92022,3545
Rolex 126720VTNR16,10619,7225
Tudor 25600TN3,8734,5325
Tudor 79030N3,1553,8125

† high dispersion — see the variants finding

Methodology and citation terms

Data snapshot as of 2026-08-26. Threshold: minimum 5 verified observations per reference; below it, Cazador publishes no range (it never estimates). Auction sources this edition: Bonhams (31) · Phillips (19) · Antiquorum (3).

This report is free to cite and partially reproduce with a link to this page. Every individual range can be verified on its reference page, which lists the observations with their sources.

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