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Old 9 July 2019, 03:47 PM   #126
jenniferjanef
"TRF" Member
 
Join Date: Jun 2011
Location: Singapore
Posts: 1,823
Quote:
Originally Posted by T3F View Post
The Nautilus bubble is obscene. I have a 5711 and am adding a few more Nautilus pieces, but no way I'd pay the grey prices for them. I added a 5710P recently, and that and my 5711 in steel are worth within $15k of each other, which is absolutely ridiculous -- the Nautilus is nice, but the 5170P is at an entirely different level.

That being said, I don't think it's any worse than RMs going for double list, especially when we're talking about this meaning six-figure premiums. For what most popular "entry-level" time-and-date-only NTPT RMs are going for -- seems to be $200-250k from my brief research on C24 -- you can get high complication pieces from AP (a tourbillon AND a PC) or PP (5270P AND a 5711 on the grey market).

I think both bubbles will pop quite brutally, but I guess we'll have to wait and see.
Plus... IMHO I think RM collectors are at different level to PP collectors. Eg. A simple time only RM55 is retail at PP’s “PC grand complication” plus heavy premium.
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