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4 August 2017, 05:31 AM | #121 |
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People are willing to pay $27k for a simple, (in my view) mediocre looking, steel watch, what's another $10k? Craziness is all relative :-)
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4 August 2017, 05:43 AM | #122 | |
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My opinion-this is hype, it will not last, just like everything that trends nowadays. I think you'd be somewhat of a schmuck to pay $10k+ premium on a watch at its peak that will inevitably come back down to MSRP. Not to mention, approx $40k for a basic, stainless, three handed sport watch is mind boggling to me ($40k is a completely different realm of watches in my mind, all being PM). However, if you've got that many zeroes in your bank account, more power to you. |
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4 August 2017, 05:56 AM | #123 | |
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4 August 2017, 06:03 AM | #124 | |
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I think there is also another reason. Before the 40th anniversary the 5711 wasn't that hard to get, although there was a small wait. Some people held off buying in case the 5711 was updated. When that didn't, there was pent up demand that led to an increase in people wanting to buy it. |
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4 August 2017, 06:08 AM | #125 |
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I am 99% sure they would...
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4 August 2017, 07:53 AM | #126 | |
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That's a good point. I sold mine thinking I would prefer the updated version for sure. Silly me assuming the decade old watch in need of some updates was getting replaced lol
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4 August 2017, 07:59 AM | #127 |
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Duplicate
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4 August 2017, 08:01 AM | #128 |
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4 August 2017, 09:44 AM | #129 |
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rofl: Yes that one Russ. A shame they didn't make some crazy error like leaving off the entire PP logo. Might have been a collectible!
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4 August 2017, 10:24 AM | #130 |
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4 August 2017, 11:19 PM | #131 |
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I have dealt with Govberg many times and always found their pricing to be competitive and service excellent. I think this is simple supply/demand and finding a new 5711 is very difficult. I'm not necessarily saying that I would pay that much for that watch but I do believe that is what the market value is right now and there are buyers out there at this price
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4 August 2017, 11:45 PM | #132 | |
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Welcome. Sent from my iPhone using Tapatalk |
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5 August 2017, 04:13 AM | #133 |
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I was at a well known U.K. Dealer today who offered £26000 for a blue 5711 and grey gave buyers at just over £29500.00 which is $38350. They also mentioned they have sold 2 of the 40th Anniversary 5711P for £127000 each which is $165000
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5 August 2017, 05:11 AM | #134 |
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No matter how we slice it, it's a stunning watch. Check out Govberg's new vid on the timepiece...
https://youtu.be/qRV0xc_RVv4
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5 August 2017, 05:52 AM | #135 | |
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Imagine if he was the announcer at a strip joint. It would be a riot.
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5 August 2017, 06:05 AM | #136 |
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Agreed. Tim is a savage when it comes to describing a watch and anything watch related for that matter.
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5 August 2017, 06:06 AM | #137 |
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5 August 2017, 01:02 PM | #138 |
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And now...
On the main stage for your viewing pleasure put your hands together for this Patek Philippe 5711. |
5 August 2017, 01:35 PM | #139 |
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5 August 2017, 01:47 PM | #140 |
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It's crazy, even the white dial is commanding a premium nowadays...
Must be the 40th anniversary craze, and to think that a few years ago I passed on one at at an AD with a small discount!
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5 August 2017, 09:29 PM | #141 |
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How is the 5712 faring in this storm of pricing?
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5 August 2017, 09:54 PM | #142 |
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5712A is also commanding a premium but the premium is not as high as 5711A. For example one grey dealer was charging £ 29950 for 5711A blue dial (MSRP £18030) with box and papers (2017) and the same dealer was charging £31750 for 5712A (MSRP £24120) with box and papers (2017)
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5 August 2017, 10:41 PM | #143 |
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Are you guys seeing a spike in interest for earlier incarnations of the nautilus? I have a yellow gold 3800/1 hanging around that I find myself wearing very little for fear of scratching a model from a family in vogue.
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5 August 2017, 10:45 PM | #144 | |
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5 August 2017, 11:23 PM | #145 |
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Look at Takuya who has a white 5711 and a 5712 on his site. The 5711 is going for $4k plus premium so imagine the premium for a blue while the 5712 is only around $2k plus premium. If I had the $ I'd buy his 5712 right now since the cost would essentially be msrp plus tax for me.
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5 August 2017, 11:51 PM | #146 |
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One would assume the tide raises all boats. Sounds cool have any pictures of it?
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6 August 2017, 01:16 AM | #147 |
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The 5711 white dial, formerly the ginger-haired stepson, is selling at a premium, the blue at a huge premium, SS Rolexes can hardly be found in many countries and looks like it is now spreading even to Asia... keep your eyes peeled, people, for the fourth horseman...
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6 August 2017, 01:28 AM | #148 |
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David SW has one for 34.5 if interested. Plus shipping.
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6 August 2017, 03:19 AM | #149 | |
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I don't believe the Rolex story is correct because my squash buddy wanted a SS sub with date and he wanted it in time for his wedding later this month. I got an assurance from my AD friend (non Rolex) that he could get one within 6 weeks however this wasn't good enough for my pal who then telephoned the Official Rolex AD in Leeds. He gave them the chat about the wedding etc which seemed to impress them and they managed to pull one out of the back room which he's now wearing for squash. It seems that if you need a SS Rolex for a wedding then the waiting list might not be an issue. Sent from my iPhone using Tapatalk |
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6 August 2017, 03:24 AM | #150 |
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