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I think this is so subjective... Clearly no one "watch educated" would pay secondary grey pricing for 5711a imo.... Personally I think 30k new msrp is already a tall ask for what it is. For the grey pricing, there are so many better pieces out there you can buy....I think there are people buying at these prices but they are the "I just want the Nautilus because I hear it's the watch to have" type people that have money... So they won't blink at the grey pricing. Don't care where the value goes personally either, up or down....I just know I wouldn't pay this for the 5711a....I got much better choices in my mind for the money.
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