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RXAPPP · 2 October 2019, 10:14 AM

Just watched a WatchBox video in where the commentator suggested Nautulus prices were beginning to soften. I went on to DavidSW and sure enough he had a 5990 which was a bit cheaper than where they were six months back. Is anyone else seeing this

Fat_ninja · 2 October 2019, 10:35 AM

Interesting

martinr · 2 October 2019, 02:21 PM

Quote:

Originally Posted by Fat_ninja

Interesting

I’d rather watch paint dry. Far more interesting than paying attention to these price trends. If you could walk into an AD and buy it for MSRP and the supply was plentiful what do you guys think of the watch? Like it or don’t like it?

Fat_ninja · 2 October 2019, 09:07 PM

Quote:

Originally Posted by martinr

I’d rather watch paint dry. Far more interesting than paying attention to these price trends. If you could walk into an AD and buy it for MSRP and the supply was plentiful what do you guys think of the watch? Like it or don’t like it?

I was just joking :)

To be fair there’s less price conversations lately since prices started coming back down in price ...

pam66 · 2 October 2019, 09:38 PM

Quote:

Originally Posted by Fat_ninja

I was just joking :)

To be fair there’s less price conversations lately since prices started coming back down in price ...

it will be interesting where the nautilus market will be in a year from now, up where it was? probably not but what do i know.

timepieceluvr · 2 October 2019, 10:37 AM

Quote:

Originally Posted by RXAPPP

Just watched a WatchBox video in where the commentator suggested Nautulus prices were beginning to soften. I went on to DavidSW and sure enough he had a 5990 which was a bit cheaper than where they were six months back. Is anyone else seeing this

I saw that at 89K the other day. Most of them had been north of 100

Sent from my iPhone using Tapatalk

Fat_ninja · 2 October 2019, 10:38 AM

This has been happening for months now guys.

tng11 · 2 October 2019, 10:51 AM

Old news is exciting!

d11n · 2 October 2019, 12:19 PM

Slowly...

uniqueMR · 2 October 2019, 12:41 PM

Bearxj86 · 2 October 2019, 01:55 PM

Typical September trough followed by a continuous rally starting in mid October through Feb.

Buy while you can.

SL BRABUS · 2 October 2019, 02:21 PM

Everything is softening right now....

Simon.DGV · 6 November 2019, 07:02 PM

Quote:

Originally Posted by SL BRABUS

Everything is softening right now....

If it ain’t soft it doesn’t sell

mongrelnomoad · 2 October 2019, 07:06 PM

If anyone wants a Nautilus or Aquanaut, their numbers are only multiplying in Burlington Arcade. I was there yesterday and there were about double the number in the windows compared to last month.

AK797 · 2 October 2019, 09:43 PM

Quote:

Originally Posted by mongrelnomoad

If anyone wants a Nautilus or Aquanaut, their numbers are only multiplying in Burlington Arcade. I was there yesterday and there were about double the number in the windows compared to last month.

Watchfinder too have more Nauts than usual, still asking high prices and so moving less slowly than the summer.

kans86 · 2 October 2019, 07:51 PM

Softening for sure. Have seen quite a few 5712a around in the lower to mid 60k, used off course.

Simon.DGV · 3 November 2019, 07:05 PM

Price soften but remains high. Whether it is sellable is questionable.
I have a Lange, the price in Chrono 24 rising, there is no stock in the secondary market, but when I bring to dealers, they say they won't pay cash, just consignment. Same with Patek complications, only consignments.
Dealers pay cash only for Rolex.

Humble michael · 3 November 2019, 10:52 PM

Quote:

Originally Posted by Simon.DGV

Price soften but remains high. Whether it is sellable is questionable.
I have a Lange, the price in Chrono 24 rising, there is no stock in the secondary market, but when I bring to dealers, they say they won't pay cash, just consignment. Same with Patek complications, only consignments.
Dealers pay cash only for Rolex.

There are plenty of check writers in the states who will buy any Nauti you have to sell - I was offered 80K for my 5990 not long ago - then was offered 85k $ (usd).
:-)) wholesale from dealers .

WatchLurv · 4 November 2019, 05:35 AM

Quote:

Originally Posted by james272

There are plenty of check writers in the states who will buy any Nauti you have to sell - I was offered 80K for my 5990 not long ago - then was offered 85k $ (usd).

:-)) wholesale from dealers .

That’s because they can sell that 5990 for 100-105K to end user or flip it quick for 93K to the next dealer. Who wouldn’t want to make 2-3K within an hour of receiving such watch?

Also the 5990 is a hot model. Simon’s watches are slow sellers thus consignment is offered.

Fat_ninja · 3 November 2019, 11:10 PM

Quote:

Originally Posted by Simon.DGV

Price soften but remains high. Whether it is sellable is questionable.
I have a Lange, the price in Chrono 24 rising, there is no stock in the secondary market, but when I bring to dealers, they say they won't pay cash, just consignment. Same with Patek complications, only consignments.
Dealers pay cash only for Rolex.

Dealers these think they are stock brokers... still a bit of the Wild West.
The best way I can describe the prices is this is like after-hours stock trading...there is liquidity but you better learn to use limits.

Fat_ninja · 2 October 2019, 08:52 PM

U know the one watch that likely holds up unscathed....?

The 5711a

My view is that
1) it’s the cheapest and is more accessible for most (price wise, ie the daytona trade ups)
2) it’s the one that started this craze.

ts3 · 2 October 2019, 10:49 PM

Quote:

Originally Posted by Fat_ninja

U know the one watch that likely holds up unscathed....?

The 5711a

My view is that
1) it’s the cheapest and is more accessible for most (price wise, ie the daytona trade ups)
2) it’s the one that started this craze.

The blue 5711 only, plus possibly the 3700 although that one has reached stratospheric heights if in excellent condition w box & papers.

The white 5711 will fare more like the 5167 in my expectation (relatively speaking, as a multiple of MSRP). Both are nice in their own right but for a lot of people "just" a compromise when unable to get the blue one at MSRP.

GreenLantern · 3 October 2019, 06:31 AM

Quote:

Originally Posted by Fat_ninja

U know the one watch that likely holds up unscathed....?

The 5711a

My view is that
1) it’s the cheapest and is more accessible for most (price wise, ie the daytona trade ups)
2) it’s the one that started this craze.

Agreed.

And agreed with the other comment that it's really just the Blue 5711/1A-010.

It was what propped everything else up, but I genuinely believe it was the only one that was truly in serious demand. People just ended up going to the others, driving up their prices, because they weren't patient enough to wait for a 5711/1A-010 to show up at their AD (years) or at their favorite Grey dealer (months ~> a year).

And then when this happened to all the Nautiluses, the Aquanaut got dragged into it too.

It's all unnatural. I don't even see anyone wearing those watches that they buy at absurd premiums.

And then when I see silly videos like the "investment watches" video by Kevin O'Leary, I shake my head and remember that I was once taught that you identify a bubble when your dentist is giving you advice to invest in a specific security/product/market.

Sounds about right. :)

threefirstnames · 6 October 2019, 07:32 AM

Quote:

Originally Posted by GreenLantern

Agreed.

And agreed with the other comment that it's really just the Blue 5711/1A-010.

It was what propped everything else up, but I genuinely believe it was the only one that was truly in serious demand. People just ended up going to the others, driving up their prices, because they weren't patient enough to wait for a 5711/1A-010 to show up at their AD (years) or at their favorite Grey dealer (months ~> a year).

And then when this happened to all the Nautiluses, the Aquanaut got dragged into it too.

It's all unnatural. I don't even see anyone wearing those watches that they buy at absurd premiums.

And then when I see silly videos like the "investment watches" video by Kevin O'Leary, I shake my head and remember that I was once taught that you identify a bubble when your dentist is giving you advice to invest in a specific security/product/market.

Sounds about right. :)

+1

Crazy to see aquanaut prices are now surging for a travel time to over 60k - Insane.

MilesB · 2 October 2019, 09:44 PM

It would be nice to see the speculative demand disappear. I have no issue with grey market prices being above MSRP if the buyers want to wear the watch. I don't like the people trying to make a quick buck.

JJ WA · 2 October 2019, 10:15 PM

[posted by mistake]

locutus49 · 2 October 2019, 10:52 PM

White Nautilus was $70K, recent price was $65K.

GoingPlaces · 2 October 2019, 11:10 PM

Global economy is softer, certainly will affect some values. However the market IMO remains strong and prices will plateau and hold well above retail. Where, will remain to be seen.

Pateks · 3 October 2019, 01:41 AM

When the Dow drops 800 points in 2 days, this is bound to happen. Good for actual watch enthusiasts. Bad for flippers and speculators.

Russell996 · 3 October 2019, 01:59 AM

Quote:

Originally Posted by Pateks

When the Dow drops 800 points in 2 days, this is bound to happen. Good for actual watch enthusiasts. Bad for flippers and speculators.

You can be a watch enthusiast and of paid the inflated market value for the piece.

The flippers and speculators will still be getting them at list and making a profit.

2 October 2019, 10:14 AM	#1
RXAPPP "TRF" Member Join Date: Nov 2012 Location: Blue Planet Watch: 5 Posts: 1,201	Nautilus prices softening Just watched a WatchBox video in where the commentator suggested Nautulus prices were beginning to soften. I went on to DavidSW and sure enough he had a 5990 which was a bit cheaper than where they were six months back. Is anyone else seeing this

2 October 2019, 12:41 PM	#10
uniqueMR 2024 Pledge Member Join Date: May 2018 Location: USA Watch: P A T E K Posts: 4,695	__________________ A. Lange & Sohne \| Audemars Piguet \| F.P.Journe \| Omega \| Patek Philippe \| Rolex \| Tudor \| ...and Othersss

2 October 2019, 02:21 PM	#12
SL BRABUS "TRF" Member Join Date: Mar 2009 Location: U.S.A Watch: Only Rolex & Patek Posts: 3,347	Everything is softening right now.... __________________ Rolex Forum: Mainly Rolex & Benz pictures...!!! Click the above link to join the club...^^^... "SL BRABUS" aka BenzWorld Undercover Moderator

2 October 2019, 10:35 AM	#2
Fat_ninja Banned Join Date: May 2018 Real Name: Jonathan Location: USA Watch: P-01 Posts: 11,772	Interesting

2 October 2019, 10:38 AM	#7
Fat_ninja Banned Join Date: May 2018 Real Name: Jonathan Location: USA Watch: P-01 Posts: 11,772	This has been happening for months now guys.

2 October 2019, 10:51 AM	#8
tng11 "TRF" Member Join Date: Jun 2016 Location: N/A Posts: 3,629	Old news is exciting!

2 October 2019, 01:55 PM	#11
Bearxj86 "TRF" Member Join Date: Jun 2017 Location: Los Angeles Watch: 3970 Posts: 3,806	Typical September trough followed by a continuous rally starting in mid October through Feb. Buy while you can.

2 October 2019, 07:06 PM	#14
mongrelnomoad 2024 Pledge Member Join Date: Jan 2019 Location: Here and there... Posts: 1,852	If anyone wants a Nautilus or Aquanaut, their numbers are only multiplying in Burlington Arcade. I was there yesterday and there were about double the number in the windows compared to last month.

2 October 2019, 07:51 PM	#16
kans86 "TRF" Member Join Date: Nov 2017 Location: Berlin Posts: 1,340	Softening for sure. Have seen quite a few 5712a around in the lower to mid 60k, used off course.

3 November 2019, 07:05 PM	#17
Simon.DGV "TRF" Member Join Date: Nov 2019 Location: Australia Watch: Patek World Time Posts: 83	Price soften but remains high. Whether it is sellable is questionable. I have a Lange, the price in Chrono 24 rising, there is no stock in the secondary market, but when I bring to dealers, they say they won't pay cash, just consignment. Same with Patek complications, only consignments. Dealers pay cash only for Rolex.

2 October 2019, 08:52 PM	#21
Fat_ninja Banned Join Date: May 2018 Real Name: Jonathan Location: USA Watch: P-01 Posts: 11,772	U know the one watch that likely holds up unscathed....? The 5711a My view is that 1) it’s the cheapest and is more accessible for most (price wise, ie the daytona trade ups) 2) it’s the one that started this craze.

2 October 2019, 09:44 PM	#25
MilesB "TRF" Member Join Date: Aug 2018 Location: UK Posts: 103	It would be nice to see the speculative demand disappear. I have no issue with grey market prices being above MSRP if the buyers want to wear the watch. I don't like the people trying to make a quick buck.

2 October 2019, 10:15 PM	#26
JJ WA "TRF" Member Join Date: Dec 2014 Location: Seattle Posts: 787	[posted by mistake]

2 October 2019, 10:52 PM	#27
locutus49 Banned Join Date: May 2014 Real Name: John Location: La Jolla, CA Watch: Platona Posts: 12,194	White Nautilus was $70K, recent price was $65K.

2 October 2019, 11:10 PM	#28
GoingPlaces "TRF" Member Join Date: Jul 2014 Location: Washington, DC Posts: 5,343	Global economy is softer, certainly will affect some values. However the market IMO remains strong and prices will plateau and hold well above retail. Where, will remain to be seen.

3 October 2019, 01:41 AM	#29
Pateks Banned Join Date: Jul 2019 Location: USA Posts: 327	When the Dow drops 800 points in 2 days, this is bound to happen. Good for actual watch enthusiasts. Bad for flippers and speculators.

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