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Old 29 July 2022, 07:44 AM   #1
Cmmatthews
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Consolidating a collection "up" - regrets?

I've got a few reasonably nice pieces but have long had my eye on a Patek Chrono Perpetual, like a 5270G. I've been considering consolidating some of my higher end piece and throwing in some cash to go for it.

Likely this would involve me selling or trading a Lange 1815 chronograph, a Patek 5960G, and a few lower end pieces.

Those who have done this before - did you regret it? My main concern is how frequently I would want to wear out a $150K watch vs some these other pieces, even though the 5270 and similar is a watch I have wanted since I got into collecting seriously 15 years ago.
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Old 29 July 2022, 07:50 AM   #2
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If you want it go for it. I realized how many watches I had cerises how many wrists I had and figured I better do something similar
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Old 29 July 2022, 08:08 AM   #3
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patek PC/CHRONOs are exceptional examples. of their watchmaking.


personally while I appreciate a manual wind movement I find that for maximum enjoyment as a daily wear the automatic movement is essential.
this also becomes an issue for me when I am considering perpetual calendars, the manual movement takes the watch winder solution off the table.

if you believe that the purest experience of routinely winding the watch will satisfy you then your heading in the right direction




side note I would strongly recommend you handle, wind and operate both the modern 5270 (in-house) and the prior 5970 (lemania) before you make your decision.
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Old 29 July 2022, 08:27 AM   #4
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I like this approach. Applies to yachts, too.
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Old 29 July 2022, 08:43 AM   #5
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These kind of questions really have more to do with you than it does anyone else here. They may very well make some good points but it really comes down to how much you like what you have now vs what your looking to trade for. If you realize the new grail piece may not get used but on very special occaisons and your Ok with that because you still have others to fill your daily needs then it may very well work well for you. If not, then don't go there.
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Old 29 July 2022, 09:05 AM   #6
Cmmatthews
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Quote:
Originally Posted by dddrees View Post
These kind of questions really have more to do with you than it does anyone else here. They may very well make some good points but it really comes down to how much you like what you have now vs what your looking to trade for. If you realize the new grail piece may not get used but on very special occaisons and your Ok with that because you still have others to fill your daily needs then it may very well work well for you. If not, then don't go there.
Of course, basically every watch question is personal at the end of the day. More just curious as to other's stories of regret. Perhaps I am trying to talk myself out of it, I don't know, or just to understand what it's like to wear around a $150K watch on a frequent basis...my guess is that it isn't much different than wearing a $60K watch but there is something psychological about that 100K threshold.
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Old 29 July 2022, 09:15 AM   #7
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Quote:
Originally Posted by Cmmatthews View Post
Of course, basically every watch question is personal at the end of the day. More just curious as to other's stories of regret. Perhaps I am trying to talk myself out of it, I don't know, or just to understand what it's like to wear around a $150K watch on a frequent basis...my guess is that it isn't much different than wearing a $60K watch but there is something psychological about that 100K threshold.
Ask yourself how long will it be for the 100K novelty to wear off, and whether that one watch is worth as much as all the others.

I sold a bunch of watches last year. I don't miss them all, but I do regret selling my 5513.
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Old 29 July 2022, 09:45 AM   #8
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Quote:
Originally Posted by Cmmatthews View Post
Of course, basically every watch question is personal at the end of the day. More just curious as to other's stories of regret. Perhaps I am trying to talk myself out of it, I don't know, or just to understand what it's like to wear around a $150K watch on a frequent basis...my guess is that it isn't much different than wearing a $60K watch but there is something psychological about that 100K threshold.
You adapt pretty quick. Lot of people can’t imagine having $2,000 on their wrists.
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Old 29 July 2022, 10:02 AM   #9
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Go for it! Get what you’ve always wanted


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Old 29 July 2022, 10:12 AM   #10
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Many years ago did that for a 3970er, though I did wear it a lot. Yeah, go for it but wear it. Use the heck out of it and enjoy. My 'job' changed and moved to the beach, so the current collection now leans in that direction.
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Old 29 July 2022, 11:06 PM   #11
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Quote:
Originally Posted by Cmmatthews View Post
Of course, basically every watch question is personal at the end of the day. More just curious as to other's stories of regret. Perhaps I am trying to talk myself out of it, I don't know, or just to understand what it's like to wear around a $150K watch on a frequent basis...my guess is that it isn't much different than wearing a $60K watch but there is something psychological about that 100K threshold.
Your always going to find that just as your always going to find those who don't regret it. It really does come down to you. Will you or won't you be comfortable from all aspects with the decision you have made? This isn't their watch nor their money.

I just know when doing something similar I was more comfortable knowing my selections where made with watches that historically did very well in retaining if not growing in value. No guarantees but it did provide me with more comfort.
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Old 29 July 2022, 11:08 PM   #12
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I have done this and continue to do so

No regrets and I am far happier
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Old 29 July 2022, 11:16 PM   #13
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If you feel comfortable wearing it, then definitely yes. Most folks have a dollar number that is the limit they will put on a wrist and still feel comfortable. Mine is about $50k.
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Old 30 July 2022, 12:53 AM   #14
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As you're already pretty high end, I'm not sure adding complications truly makes a watch more high end. Obviously it costs more money but the question is, for what?

Complications that I would never use but are really just toys or 'prestige pieces' probably wouldn't satisfy me if I had to sell the high end ones I now own to get it.

But that's just me.
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Old 30 July 2022, 12:53 AM   #15
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Old 15 August 2022, 03:11 AM   #16
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I think a lot of it has to do with how much of a pain it is wear (high profile, weight, cost) vs. enjoyment you get out of it.

I have a large swath of price point, heaviness, and color that give me a good selection.

If you see yourself wearing a consolidated piece more than you have now, go for it.

If it's just a grail that you're nervous about taking out, keep the larger collection.
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