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#1 |
Banned
Join Date: Oct 2019
Location: Usa
Posts: 112
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Nautilus Starting to lose it's luster?
Hello fellow members
I am actually starting to think that the prices on these is actually pretty nuts, and I really don't think it's justified what so ever, this watch is so so over priced and after sometime with it I think people are crazy now a days paying 60-70k for this piece or any Nautilus for that matter. What do you guys think? Do you think the Nautilus market will soften in the near future? I think these will drop to 25-35k in the near future which is a fair price for this watch All inputs are appreciated. Thank you. ![]() |
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#2 |
"TRF" Member
Join Date: Dec 2016
Location: los angeles
Watch: 5168G
Posts: 448
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following. Been wanting to buy one, but obviously hesitant to pay up 2x+ in grey market. What are my chances getting one on the waiting list at my local AD?
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PP 5168g ♛ 1680 red ♛ 126610LV |
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#3 | |
Banned
Join Date: Oct 2019
Location: Usa
Posts: 112
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Quote:
Pretty much impossible. I bought mine at the end of 2013 after 6 month from getting my name on the waiting list. Sent from my iPhone using Tapatalk |
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#4 |
"TRF" Member
Join Date: Jul 2012
Real Name: Craig
Location: United Kingdom
Watch: PP 5990/5296R/5164
Posts: 101
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If you can afford a Nautilus but cant spell lose.
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#5 |
Banned
Join Date: Oct 2019
Location: Usa
Posts: 112
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#6 |
"TRF" Member
Join Date: Nov 2018
Location: Europe
Posts: 3,275
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#7 |
2024 Pledge Member
Join Date: Mar 2017
Location: United States
Watch: Rolex and Patek
Posts: 10,788
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#8 |
"TRF" Member
Join Date: Aug 2010
Real Name: Gabriel
Location: London, UK
Posts: 1,819
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The way I look at it is those who want to buy wish the price would fall, those who already own one hope the price will stay the same or rise
![]() Only time will tell, but I don't see a big correction. Sent from my G8441 using Tapatalk
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1680 1675 16800 16570 16710 17000 16613 17013 Gone but not forgotten 16610LV 1016 16234 |
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#9 | |
"TRF" Member
Join Date: Jan 2013
Location: chile
Posts: 109
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Quote:
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#10 |
Banned
Join Date: Oct 2019
Location: Usa
Posts: 112
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#11 |
"TRF" Member
Join Date: Jan 2013
Location: chile
Posts: 109
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#12 |
"TRF" Member
Join Date: Mar 2012
Location: Not Mars
Posts: 1,004
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#13 |
"TRF" Member
Join Date: Mar 2019
Location: San Francisco
Posts: 2,927
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I like it, design icon but would never pay 2x retail but don’t think price will decline significantly any time soon.
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#14 |
"TRF" Member
Join Date: Jun 2013
Location: Here
Posts: 4,548
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Well 25k would be 5k less than retail, so that’s never happening. I agree, it’s not worth 60-70k. Not even close. But will they come back to retail, no. Not ever.
33k is close to the retail with tax. I can’t see this thing ever getting under 45k. They are too hot and way too many people paid over retail. Sent from my iPhone using Tapatalk |
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#15 |
"TRF" Member
Join Date: Oct 2019
Location: World of Patek
Posts: 304
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Not going to happen...
No way the watch will end up in that range. In this day and age everyone has the FOMO bug!
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#16 |
"TRF" Member
Join Date: Jan 2018
Location: Georgia
Posts: 6,203
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Not a regular on this subforum but occasionally lurk.
As a somewhat educated investor (who understands markets but does not consider watches or any luxury item as an investment), I simply do not see this ever being valued for less than 25 percent over MSRP. As a watch enthusiast, I personally wouldn’t pay over MSRP for a 5711. In an isolated bubble where the 5711 has no legendary lure, I frankly would be hard pressed even paying MSRP knowing that amount puts you in PM territory for many brands. No bash on PP, I would easily pay more for an AC or PC. Just my personal preference. |
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#17 |
"TRF" Member
Join Date: Oct 2010
Location: Hong Kong
Watch: 15202ST
Posts: 280
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I don’t get this watch. I mean its nice and all but even at 33k I don’t get it...
On the other hand, I do get the Royal Oak 15500st which is about the most I think a steel watch should cost (retail or the slight premium). I also get how the RO is attainable to most with under a year of wait. It’s demand and supply (or more like bandwagoning). I would snap one at retail as there is zero chance of losing value but given that PP has like 2 watches I have interest in (nautilus and aquanaut) and the rest are round dress watches that I would never really wear its not worth my time to invest in the brand. This may change In 10-20 years who knows... Add to that, the only times in recent memory i have actually seen someone in a 5711 is a 18-25 yr old Asian kid in shorts and slippers (i am Asian so i can say that lol) i don’t want to assiciate myself with the daddy’s trust-fund-kid crowd either... Sent from my iPad using Tapatalk |
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#18 | |
"TRF" Member
Join Date: Oct 2019
Location: World of Patek
Posts: 304
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Quote:
It is basic Econ 101...demand outstrips supply. ![]() |
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#19 | |
"TRF" Member
Join Date: Jan 2020
Location: Europe
Watch: Rolex, PP
Posts: 241
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Quote:
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#20 | |
"TRF" Member
Join Date: Mar 2019
Location: US
Posts: 650
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Quote:
Sent from my SM-G892U using Tapatalk |
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#21 |
"TRF" Member
Join Date: Jun 2020
Location: Switzerland
Posts: 364
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Depends on which market. AP introduced big price hikes in many European markets on July 1st. Plenty of 15500ST now on C24 which are unworn and below list prices in eg Scandinavia.
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#22 |
"TRF" Member
Join Date: Apr 2012
Real Name: Fred
Location: Zurich
Posts: 2,697
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I believe that might be due to the fact prices on C24 are generally expressed without VAT which is pretty high on luxury items in Scandinavia, so what’s true in Sweden or Denmark may not be in other parts of the world in this respect.
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Greetings from Switzerland Remember, the dignity you surrender at your AD‘s doorstep will never be recovered by wearing the watch he may get you. |
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#23 |
"TRF" Member
Join Date: Jun 2020
Location: Switzerland
Posts: 364
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In my experience local sales taxes or VAT are included in the listed prices on C24 (I’m sure there are exceptions). Then there would have to be adjustment with import duties etc if buying across borders but that’s not applicable when ordering intra-EU.
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#24 |
"TRF" Member
Join Date: May 2017
Real Name: Louis Nick Ric
Location: Michigan, USA
Watch: Blnr, Expll, Subs,
Posts: 10,164
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It's a nice piece but never did much for me. If there were no hype and you could buy it at retail or less it would still be a pass for me just as many others. As far as it dropping that much in value I don't see that happening any time soon as the watch market is holding strong, even in this weird year
Sent from my SM-G970U using Tapatalk |
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#25 |
"TRF" Member
Join Date: Jul 2014
Location: Washington, DC
Posts: 5,345
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Nice piece but never really did anything for me. To me it's a 30K watch, period.
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#26 |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Sep 2011
Real Name: Jason
Location: USA
Watch: Sea Dweller
Posts: 8,558
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#27 |
2024 Pledge Member
Join Date: Jan 2013
Location: USA
Posts: 6,204
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Unless there is a nuclear war or Covid kills half the earth’s population, there is no chance the 5711a ever sells for less than retail in the next 10 years. Anyone who thinks otherwise is just dreaming.... my 2 cents.
Sent from my iPhone using Tapatalk Pro |
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#28 |
"TRF" Member
Join Date: Jul 2010
Location: USA
Watch: Good ones
Posts: 8,228
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Stay tuned, US election coming up
Anything is possible.
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#29 |
"TRF" Member
Join Date: Mar 2012
Location: Not Mars
Posts: 1,004
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Nice fake 5711... That purplish tint never existed in the real thing. Come on man...
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#30 |
"TRF" Member
Join Date: Apr 2012
Real Name: Fred
Location: Zurich
Posts: 2,697
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Ever heard of white balance? Don’t know whether the watch is genuine, but I know the colors say more about how the camera that captured that shot works than about the watch...
__________________
Greetings from Switzerland Remember, the dignity you surrender at your AD‘s doorstep will never be recovered by wearing the watch he may get you. |
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