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ap1 · 24 January 2018, 06:06 AM

Gents,

lil birdie just told me something juicy. Usd

5711 - 29k
5712 - 40k

You heard it here first.

ap1 · 24 January 2018, 06:07 AM

Lol - second I guess

kvossoughi · 24 January 2018, 07:21 AM

What does that mean? Price increase from AD?

ap1 · 24 January 2018, 07:59 AM

Quote:

Originally Posted by kvossoughi

What does that mean? Price increase from AD?

Yes sir

kvossoughi · 24 January 2018, 09:25 AM

At what point do people just start buying the precious metal 5711 or 5712 instead? I have a 5712 in steel and if it was $40k when I bought it I would have probably passed and just have bought the white gold version.

kilyung · 24 January 2018, 09:27 AM

I think we’re near that SS vs PM crossover point now

AK797 · 24 January 2018, 09:43 AM

What are the USD price increases in %? Are they the same?

In a rough Pound translation it is more like 10%.

AK797 · 24 January 2018, 09:44 AM

Quote:

Originally Posted by kvossoughi

At what point do people just start buying the precious metal 5711 or 5712 instead? I have a 5712 in steel and if it was $40k when I bought it I would have probably passed and just have bought the white gold version.

I'm sure the gold models will have a price rise too, they will need to maintain an official delta between them.

nyc2la · 24 January 2018, 09:48 AM

Quote:

Originally Posted by AK797

I'm sure the gold models will have a price rise too, they will need to maintain an official delta between them.

Agree with this, and also what I've heard from my AD, although he said that was not yet confirmed by the Mother Ship.

Hairdude1 · 24 January 2018, 10:14 AM

We will see. I hope not though

Vipes · 24 January 2018, 11:46 AM

If this price increase happens, it will be interesting to see what AP will do with the 15202. Demand for this piece is pretty high right now.

AK797 · 24 January 2018, 11:53 AM

Quote:

Originally Posted by Vipes

If this price increase happens, it will be interesting to see what AP will do with the 15202. Demand for this piece is pretty high right now.

Agree, very interesting, I'm sure they want people thinking of these as direct competitors so I suspect a move.

tng11 · 24 January 2018, 11:58 AM

Quote:

Originally Posted by Vipes

If this price increase happens, it will be interesting to see what AP will do with the 15202. Demand for this piece is pretty high right now.

I would have thought that the pricing of these two would have some more correlation. In the massive run-up of 5711 prices, the 15202 did see its demand and market prices increase, but nowhere near as crazy as the 5711.

Now with the delta widening between the two, it may encourage a further run on the 15202, and demand/prices go up again.

kilyung · 24 January 2018, 01:08 PM

Quote:

Originally Posted by Vipes

If this price increase happens, it will be interesting to see what AP will do with the 15202. Demand for this piece is pretty high right now.

I should have kept mine.

Vipes · 24 January 2018, 01:15 PM

Quote:

Originally Posted by kilyung

I should have kept mine.

LOL. Me too!

ap1 · 24 January 2018, 01:34 PM

^ 3

GB-man · 24 January 2018, 01:47 PM

Quote:

Originally Posted by kilyung

I should have kept mine.

Quote:

Originally Posted by Vipes

LOL. Me too!

Quote:

Originally Posted by ap1

^ 3

Yeah well I have a 15202 but I sold my 5711 white for 20 grand! TWENTY

kilyung · 24 January 2018, 02:16 PM

Quote:

Originally Posted by GB-man

Yeah well I have a 15202 but I sold my 5711 white for 20 grand! TWENTY

It’s enough to drive you mad.

ap1 · 25 January 2018, 12:28 AM

Quote:

Originally Posted by GB-man

Yeah well I have a 15202 but I sold my 5711 white for 20 grand! TWENTY

Sadly my white 11 experienced a similar fate

GB-man · 25 January 2018, 12:59 AM

Quote:

Originally Posted by ap1

Sadly my white 11 experienced a similar fate

Feels good not to be alone

tng11 · 25 January 2018, 01:20 AM

Quote:

Originally Posted by GB-man

Yeah well I have a 15202 but I sold my 5711 white for 20 grand! TWENTY

I sold my blue dialed 15300 years ago for $6,250. No I am not missing a digit here.

AK797 · 25 January 2018, 01:34 AM

Welcome to the commiseration thread. Our version of AA.

My name is X and I sold a Nautilus for XXX...

Vipes · 25 January 2018, 02:09 AM

Quote:

Originally Posted by AK797

Welcome to the commiseration thread. Our version of AA.

My name is X and I sold a Nautilus for XXX...

Yea, most of us who have been in the WIS game long enough will have stories of losing money with certain pieces.

debner4 · 25 January 2018, 03:18 AM

Quote:

Originally Posted by ap1

Gents,

lil birdie just told me something juicy. Usd

5711 - 29k
5712 - 40k

You heard it here first.

I wonder if this will actually have a negative effect on the resale value of at least the 5712. Here's my thought process. Right now, it's $33,000, but people can't get it so they go to grey market. Prices rise and they end up spending $40,000+ because they "have to have it." But if retail is $40,000, a lot of buyers won't want it in the first place because it is out of their price-range so demand for buying new will decrease which will make it more available from an AD. As a result, secondary market prices will fall because no one would buy used if you can buy it new for the same or less money. As a result, the secondary market prices drop from $40,000+ to $37,000ish to account for a small discount for being used rather than new.

Of course, if the demand remains the same for a new 5712, then the secondary market will obviously approach $50,000ish.

Any thoughts on how the price increase would affect re-sale value given my thoughts above?

debner4 · 25 January 2018, 03:26 AM

Quote:

Originally Posted by AK797

I'm sure the gold models will have a price rise too, they will need to maintain an official delta between them.

If Patek was smart, it would discontinue the PM models of the 5712 on a strap and offer them will full gold bracelets like the 5711 in PM. That would help justify the price difference between PM and SS. The biggest issue with the pricing between the two is that most people, including me, prefer the 5712A to the 5712R or 5712G because a Nautilus should be on a bracelet not a strap.

I also think that if they raise the price of the 5711 without raising the price of the 5167, that the re-sale value of 5167s is going to skyrocket. Say what you want about iconic, etc., the main reason the 5711 is so popular is because it is one of the least expensive Patek's you can buy. If you price it above the Calatravas, and $8k above the 5167, its popularity--over time--will likely decrease.

kilyung · 25 January 2018, 03:27 AM

What are the alternatives? If you want a steel or entry prices Patek, then you’re going to pay. I’d be shocked if the 5167a price wasn’t increased as well. So if you want a Patek, you’re now going to pay $30k to get into the game. That’s assuming supply is still limited and discounting is non-existent.

AK797 · 25 January 2018, 08:17 AM

Quote:

Originally Posted by debner4

If Patek was smart, it would discontinue the PM models of the 5712 on a strap and offer them will full gold bracelets like the 5711 in PM. That would help justify the price difference between PM and SS. The biggest issue with the pricing between the two is that most people, including me, prefer the 5712A to the 5712R or 5712G because a Nautilus should be on a bracelet not a strap.

I also think that if they raise the price of the 5711 without raising the price of the 5167, that the re-sale value of 5167s is going to skyrocket. Say what you want about iconic, etc., the main reason the 5711 is so popular is because it is one of the least expensive Patek's you can buy. If you price it above the Calatravas, and $8k above the 5167, its popularity--over time--will likely decrease.

I think the 5712 in gold is a great idea, and the recent wave of popularity for the 5712a makes this more likely than the 5726.

I think all Nauts and Aquas will have a price rise, maybe at different levels.

24 January 2018, 06:06 AM	#1
ap1 2024 Pledge Member Join Date: Mar 2013 Location: usa Posts: 19,159	Crystal Ball Gents, lil birdie just told me something juicy. Usd 5711 - 29k 5712 - 40k You heard it here first.

24 January 2018, 10:14 AM	#10
Hairdude1 "TRF" Member Join Date: Apr 2012 Real Name: Alex Location: Chicago Watch: AP,PP, Rolex Posts: 37,156	We will see. I hope not though __________________ Instagram: @Hairdude Watches in Collection 5070R, 5522A, 214270 MK1, 228238 16750, 26401, 5711, 116718, 116710LN, 116300, 16710"Coke", 372, 15300, 15703 (All Flipped) Official Member "Perpetual 30" Las Vegas GTG 2016 Official Member "WIS-CON" Las Vegas International GTG 2017 Official Member 'WIS-CON' Las Vegas Int'l GTG 2018

24 January 2018, 06:07 AM	#2
ap1 2024 Pledge Member Join Date: Mar 2013 Location: usa Posts: 19,159	Lol - second I guess

24 January 2018, 07:21 AM	#3
kvossoughi "TRF" Member Join Date: Mar 2010 Real Name: Kamiar Location: Chicago Watch: Patek 5960g Posts: 119	What does that mean? Price increase from AD?

24 January 2018, 09:25 AM	#5
kvossoughi "TRF" Member Join Date: Mar 2010 Real Name: Kamiar Location: Chicago Watch: Patek 5960g Posts: 119	At what point do people just start buying the precious metal 5711 or 5712 instead? I have a 5712 in steel and if it was $40k when I bought it I would have probably passed and just have bought the white gold version.

24 January 2018, 09:27 AM	#6
kilyung 2024 Pledge Member Join Date: Jul 2009 Location: Cave Watch: Sundial Posts: 33,873	I think we’re near that SS vs PM crossover point now

24 January 2018, 09:43 AM	#7
AK797 2024 Pledge Member Join Date: Feb 2010 Real Name: Neil Location: UK Watch: ing ships roll in Posts: 59,299	What are the USD price increases in %? Are they the same? In a rough Pound translation it is more like 10%.

24 January 2018, 11:46 AM	#11
Vipes "TRF" Member Join Date: Jun 2011 Location: Texas Posts: 4,855	If this price increase happens, it will be interesting to see what AP will do with the 15202. Demand for this piece is pretty high right now.

24 January 2018, 01:34 PM	#16
ap1 2024 Pledge Member Join Date: Mar 2013 Location: usa Posts: 19,159	^ 3

25 January 2018, 01:34 AM	#22
AK797 2024 Pledge Member Join Date: Feb 2010 Real Name: Neil Location: UK Watch: ing ships roll in Posts: 59,299	Welcome to the commiseration thread. Our version of AA. My name is X and I sold a Nautilus for XXX...

25 January 2018, 03:27 AM	#26
kilyung 2024 Pledge Member Join Date: Jul 2009 Location: Cave Watch: Sundial Posts: 33,873	What are the alternatives? If you want a steel or entry prices Patek, then you’re going to pay. I’d be shocked if the 5167a price wasn’t increased as well. So if you want a Patek, you’re now going to pay $30k to get into the game. That’s assuming supply is still limited and discounting is non-existent.

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