Is nautilus prices moving?

[Fat_ninja]

I occasionally look but have prices been moving up in the past 2 months? Or is it just me?

I know its just the ask but some of these numbers look ridiculous. I see high offerings on the 5990 at usd90k

Someone must have an account somewhere to track prices like a stock chart. It would be interesting to see the different references price move.

[Codik]

Originally Posted by Fat_ninja

Someone must have an account somewhere to track prices like a stock chart. It would be interesting to see the different references price move.

Keep in mind these are asking prices. The grey market is not transparent, so we cannot know what the market price is.

[ts3]

You can get these charts at chrono24.com after adding the model to your watch collection.

[Fat_ninja]

Originally Posted by Codik

Keep in mind these are asking prices. The grey market is not transparent, so we cannot know what the market price is.

Still ask prices are moving. I understand its not the sales price. But still the dat point appears to move

Originally Posted by ts3

You can get these charts at chrono24.com after adding the model to your watch collection.

Assume chrono had something like that... i havent joined there yet im resisting joining...otherwise id be on it all the time.

[ts3]

... what you should get there is how the average asking price of the watches listed on chrono24.com evolved over time. So I agree, this is different from the prices those watches are moving at, which we cannot know anyways...

[Fat_ninja]

Btw was only curious since tiffany and chow tai fuk came out with sales trends data and reichemont. Which wasnt exactly exciting

[AK797]

The news will be when asking prices really start to fall in concert.

[Fat_ninja]

Originally Posted by AK797

The news will be when asking prices really start to fall in concert.

Originally i thought that as well but 80/20 rule. If patek makes 50k total watches 10k are nautilus and aquanaut at best. Thats 10k of desirable watches which become more desirable as price goes up. FOMO and all. There surely is enough wealth in aystem to support this watch stoock/inventory.


Also my gut tells me people are using watches as asset class which means it could be a USD proxy. In case the world falls...especially in china/hk its a liquid asset for cash

Sorry i think of non sense while im exercising

[Passionata]

Originally Posted by Fat_ninja

Originally i thought that as well but 80/20 rule. If patek makes 50k total watches 10k are nautilus and aquanaut at best. g

I really doubt that figure is more than 5k

[Fat_ninja]

Originally Posted by Passionata

I really doubt that figure is more than 5k

Even tighter

[rolexpatek363]

They are going up, up and away!

[Ichiran]

Originally Posted by Fat_ninja

Originally i thought that as well but 80/20 rule. If patek makes 50k total watches 10k are nautilus and aquanaut at best. Thats 10k of desirable watches which become more desirable as price goes up. FOMO and all. There surely is enough wealth in aystem to support this watch stoock/inventory.

Also my gut tells me people are using watches as asset class which means it could be a USD proxy. In case the world falls...especially in china/hk its a liquid asset for cash

Sorry i think of non sense while im exercising

Got to split that 10k into 5k of ladies Twenty~4 (including the new 7300), and the rest of 5k into Nautilus, Aquanaut and the 5960 (discontinued).

[tyler1980]

Originally Posted by Fat_ninja

I occasionally look but have prices been moving up in the past 2 months? Or is it just me?

I know its just the ask but some of these numbers look ridiculous. I see high offerings on the 5990 at usd90k

Someone must have an account somewhere to track prices like a stock chart. It would be interesting to see the different references price move.

i might just list mine at 90k to see if i get any takers

no interest in selling, but seriously if someone wants it for that, its theirs

[Sam Philip]

I have also noted that prices are still moving up. I can recall Watchfinder had 4 5711As and now only has 2 pieces and asking price is around £ 45000. Prices will go up further if Patek discontinues certain models.

[CoveWatch]

https://www.chrono24.com/patekphilip...-id9023438.htm

that must be a mistake right? 1 million??? And $90k, wow! Pretty ridiculous... guess this will test if it’s truly a Veblen good

[tyler1980]

Originally Posted by CoveWatch

https://www.chrono24.com/patekphilip...-id9023438.htm

that must be a mistake right? 1 million??? And $90k, wow! Pretty ridiculous... guess this will test if it’s truly a Veblen good

[Fat_ninja]

Originally Posted by tyler1980

Crazy thing is that is not aftermarket. Its 100% Patek.

[1688]

Take a look at the following:

https://www.watchpricetrend.com/Pate...1A-010-14.html

Prices are still trending up even after the Dec 2018 stock market drop!

[kingofthehill]

As we have seen plenty of rumours prove to be baseless, I am generally skeptical to those who believe they have advance knowledge of PP’s product development plans. With that in mind, I have been told a few times in recent months that the 5712 is on the chopping block for Baselworld 2019. With the introduction of the 5740/1G and demand for this presumably higher margin piece, I can see a logic in freeing up calibre 240 supply from the 5712 offering. Perhaps there is anyway enough excess supply of this movement available from other calibration 240 pieces, not least the glut of eg 5327 references.

[Xerxes77]

I can understand 5k-10k max for a Nautilus who are in production but the price is astronomical!!
For Nautilus who are not in production anymore the market it’s free!!

[unknown]

the 5711P is selling between 200 and 220K EURO today and it seems the demand is still high
cheapest today are at 210K euro
A friend of me wanted to buy one, found one on chrono24 for about 190K , contacted the seller be he told it was already sold

[danestaff]

Originally Posted by unknown

the 5711P is selling between 200 and 220K EURO today and it seems the demand is still high
cheapest today are at 210K euro
A friend of me wanted to buy one, found one on chrono24 for about 190K , contacted the seller be he told it was already sold

he can have mine for that

[Calatrava r]

The prices continue to go up. Demand continues to outpace supply. If you want a Nautilus now and cannot wait buy grey now to lock in a price.

[Calatrava r]

If Patek is sold, I would any new owner would increase SS production across the board and steel prices aftermarket will be retail or less once the added stock hits the market. This is how it should be.

[GB-man]

Originally Posted by Calatrava r

If Patek is sold, I would any new owner would increase SS production across the board and steel prices aftermarket will be retail or less once the added stock hits the market. This is how it should be.

A return to the days of buying an SS reference and then losing 10% if you sell would be welcome in my book.

[s.m.b.]

Originally Posted by GB-man

A return to the days of buying an SS reference and then losing 10% if you sell would be welcome in my book.

[dannyp]

Originally Posted by Fat_ninja

Also my gut tells me people are using watches as asset class which means it could be a USD proxy. In case the world falls...especially in china/hk its a liquid asset for cash

Sorry i think of non sense while im exercising

I don't think that's nonsense. It's a very effective way to wear your wealth out of the country if forced to "relocate" and other assets are frozen. Same reason Seattle home prices are what they are (pre-parking assets outside of gov't reach).

Originally Posted by kingofthehill

As we have seen plenty of rumours prove to be baseless, I am generally skeptical to those who believe they have advance knowledge of PP’s product development plans. With that in mind, I have been told a few times in recent months that the 5712 is on the chopping block for Baselworld 2019. With the introduction of the 5740/1G and demand for this presumably higher margin piece, I can see a logic in freeing up calibre 240 supply from the 5712 offering. Perhaps there is anyway enough excess supply of this movement available from other calibration 240 pieces, not least the glut of eg 5327 references.

I would think that watchmakers qualified to turn a 240 into a 5740 would be the bigger bottleneck than production capacity of 240 base calibers. That said, an additional way to free up available 240 bases would be to migrate the 5167 to the 330 (which I've also hears entirely unsubstantiated speculation/conjecture of on this forum).

Originally Posted by unknown

the 5711P is selling between 200 and 220K EURO today and it seems the demand is still high
cheapest today are at 210K euro
A friend of me wanted to buy one, found one on chrono24 for about 190K , contacted the seller be he told it was already sold

But that was a very limited special edition. I wouldn't expect its prices to reflect the rest of the line in any way, and would expect it to trade at a premium regardless of the line's popularity. Seems the two compound each other in this case.

Originally Posted by Calatrava r

If Patek is sold, I would any new owner would increase SS production across the board and steel prices aftermarket will be retail or less once the added stock hits the market. This is how it should be.

Originally Posted by GB-man

A return to the days of buying an SS reference and then losing 10% if you sell would be welcome in my book.

What would be less welcome is the undoubted compromise on quality inherent from the cost-cutting/production increase measures taken by a conglomerate or financial buyer. Any buyer choosing to increase SS production would undoubtedly be primarily concerned about the short-term and cashing in on brand history/current hype.

[Sam Philip]

Originally Posted by dannyp

I would think that watchmakers qualified to turn a 240 into a 5740 would be the bigger bottleneck than production capacity of 240 base calibers. That said, an additional way to free up available 240 bases would be to migrate the 5167 to the 330 (which I've also hears entirely unsubstantiated speculation/conjecture of on this forum)

5167 has caliber 324 SC and I can't understand how moving it to new caliber 26-330 SC would free up 240 base calibers.

If they want to free up 240 base calibers it makes more sense to discontinue modes such as 5738 or 6006G

[dannyp]

Originally Posted by Sam Philip

5167 has caliber 324 SC and I can't understand how moving it to new caliber 26-330 SC would free up 240 base calibers.

If they want to free up 240 base calibers it makes more sense to discontinue modes such as 5738 or 6006G

I remembered both references had a "2" and a "4" but clearly forgot in what order, or what the third digit was .

[R!$]

nobody is paying those ridiculous prices