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£50k for a Blue Dial Oyster Perpetual 41mm

Wow what's going on, after the sale last week of the Patek 5711 Tiffany dial selling for some $6.5m at auction some dealers over here in the UK have decided that the far less sort after Oyster Perpetual 41mm with the light blue dial is now going to sell for £50k however I see one in Italy now for £174K...

I mean its not a 5711 neither is it it anyway related to the Tiffany brand, they were on the grey market 2 weeks ago for £12k.

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