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Old 24 August 2013, 09:39 AM   #1
PatekCollector
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5711P is it worth??

Hey Guys,

Was wondering if the new 5711P worth the high value (USD 95k)??!!.

Do you guys think that this piece gonna be a piece to keep??.

I understand its very heavy BUT its as shape as 5711/1A!! (Which is approx 25K).

I've the classic SS version and was thinking to upgrade to the new Pt. So with the almost 72k difference, is it worth?.

Appreciate your kind opinions.

Have a great weekend all.

Khalid
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Old 24 August 2013, 09:41 AM   #2
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Worth is a relative term and it would not be worth it to me.

Still the same movement as the stainless steel watch.
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Old 24 August 2013, 09:58 AM   #3
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Khalid my friend for me I have to say no. I think that money can be used towards a more special piece. That is just my thoughts but of course to each his own. Cheers,
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Old 24 August 2013, 10:47 AM   #4
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For that price, I would want something more than "just" the addition of precious metal.
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Old 24 August 2013, 10:50 AM   #5
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5711P is it worth??

I have a very close friend here, who is a Rolex (mainly) but in general experienced watch collector. During one of his trips to Shanghai last year he popped in one of the 'underground' second-hand watch shops there (exquisite pieces from people selling in casinos, needing fast cash).

That day he tried on a yellow gold Nautilus, black dial. It was offered to him at a price which was something close to $15k, no box or papers of course. Having discussed it with him repeatedly, this must have been a 3900 or something, as with our limited experience on PP we both cannot see a similar model in the current lineup.

Irrespective of the 'deal' or price at the time, he still to that day deeply regrets not buying it. Whenever we talk about PP, he never forgets to remind me it was a pretty heavy watch for its size but the most comfortable metal timepiece he has ever put on his wrist. He described the experience as "...few seconds after I put it on my wrist, I completely forgot it was there..."

Coming back to your question, I think it will be a special watch, but they all are and you already have a great collection. My personal feeling is that if you choose not to buy when released, you'll most likely end up ordering one at a later stage. All the best with this decision!
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Old 24 August 2013, 11:19 AM   #6
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To me it is not. But if it feels right and fits into your collection, then I say why not. Cheers
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Old 24 August 2013, 11:31 AM   #7
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Khalid your collection is so amazing that I am not sure this piece will stand out much since it will look like other models made by Patek until you look a lot closer. I think for that money you could find a truly unique piece. Just my humble opinion. In the end you should buy what you love!
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Old 24 August 2013, 11:35 AM   #8
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Its a huge premium on the steel... but if I had the cash I think I would.
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Old 24 August 2013, 11:48 AM   #9
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Kahlid I say go for it.
It would be something very few have and the fact no one would know what it is but you would make it all the more special

I think it is one of those few pieces that if discontinued at an appropriate time I think it will really go up in value. One of the first reasons is because 95% of people that would want it will say I am going to save 72k and get it in SS. I have a feeling very few will be sold and I think might become a hot and rare watch some day
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Old 24 August 2013, 02:09 PM   #10
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I'd replace my 5711/1A with it in a heartbeat! The idea of it looking like a steel watch but then to turn it and see that diamond!?! Oh such sweetness!
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Old 24 August 2013, 06:16 PM   #11
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It would be a special piece for me to own

Sent from my GT-I9300 using Tapatalk 2
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Old 24 August 2013, 06:45 PM   #12
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If you already own the SS version, I would keep that one and buy something that looks completely different. The 5980/1R-001 is a great option.

Here is a link with photos:
http://www.hodinkee.com/blog/hands-o...ets-a-bracelet
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Old 24 August 2013, 08:47 PM   #13
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Quote:
Originally Posted by tavv160 View Post
If you already own the SS version, I would keep that one and buy something that looks completely different. The 5980/1R-001 is a great option.

Here is a link with photos:
http://www.hodinkee.com/blog/hands-o...ets-a-bracelet
I don't think Khalid wears yellow gold.

5711P will be quite a unique piece, ultimately you are paying for the metal and the uniqueness, if that does it for you, then why not.
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Old 24 August 2013, 09:31 PM   #14
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I think it's all about your financial situation. To me I would defenitely not do it. But if I had money to burn it would be a nice twist to wear a platinium watch that looked like SS.

However, I wish Patek had done something with it like Rolex did on the WG sub: They reserved the blue dial and blue bessel for the WG version (among the white metals) so that "those who are in the know" kan see the difference.

I'm not sure if the dial is excactly as the SS version? If not I would consider that a plus.

All in all a wonderfull watch though and it would defenitely get wrist-time if I had one.
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Old 24 August 2013, 09:37 PM   #15
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Quote:
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I'm not sure if the dial is excactly as the SS version? If not I would consider that a plus.
P to the right is more deep blue sea blue...

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Old 24 August 2013, 09:47 PM   #16
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It is a rare and certainly very special piece, it would be a nice addition to your already magnificent collection.


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Rolex uses rare elves to polish the platinum. They have a union deal and make like $90 per hour and get time and half on weekends.
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Old 24 August 2013, 10:38 PM   #17
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While its definitely a unique piece, I would not get it. But I love things that are understated and its truly an understated piece.
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Old 24 August 2013, 11:01 PM   #18
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It also has the small diamond below the bezel.

Nice pictures of the piece here:
http://patek.watchprosite.com/show-f.../gridviewer-1/
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Old 24 August 2013, 11:34 PM   #19
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I say go for it...having owned a couple of platinum Pateks I love how understated they are and how no one but you knows what is on your wrist.
Also in this case the watch is rare and may become sought after.
Just my two cents
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Old 24 August 2013, 11:35 PM   #20
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It also has the small diamond below the bezel.

Nice pictures of the piece here:
http://patek.watchprosite.com/show-f.../gridviewer-1/
That is an interesting place for a diamond
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Rolex uses rare elves to polish the platinum. They have a union deal and make like $90 per hour and get time and half on weekends.
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Old 25 August 2013, 12:06 AM   #21
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Guys - am I missing something here - are Patek launching this as a reference or is the discussion in relation to the few that have cropped up at auction etc?
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Old 25 August 2013, 12:19 AM   #22
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It would be an awesome addition to your awesome collection. Nothing else to say.
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Old 25 August 2013, 12:33 AM   #23
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That is an interesting place for a diamond
It's traditional with PP. man, I'd love to own this.
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Old 25 August 2013, 12:43 AM   #24
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I got to say, if i had that kind of change in my draw, i could not resist!

It is a sexy hot watch, just imagining that weight tugging on my wrist makes me smile.

Go for it
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Old 25 August 2013, 12:46 AM   #25
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It looks awesome but I wonder what else you could get for that money, especially if you are buying multiple pieces in that price range. I would try to get something with some interesting history. For example, I read that Kelly Clarkson bought a Jane Austin ring for about $230k, one of only three pieces of jewelry known to have belonged to Austin. That is very unique. I would rather buy that than the latest Tiffany and Co offering.
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Old 25 August 2013, 01:30 AM   #26
AK797
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Anyone knows what it weighs?
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Old 25 August 2013, 01:35 AM   #27
tavv160
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Anyone knows what it weighs?
Well, I couldn't find anything on the new version, but the older version that sold at Christie's earlier this year weighs over 220 grams. (It sold for $821k!!!)

http://www.christies.com/lotfinder/w...5-b12da6e0c365
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Old 25 August 2013, 01:38 AM   #28
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P to the right is more deep blue sea blue...

Wow! That's looking real nice.
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Old 25 August 2013, 02:14 AM   #29
ezinhk
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That's almost 4x the price of 5711/1a & looks very similar. I'd go for 5713/1g, although white gold, atleast have diamonds to tell a difference and cost 20k less.
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Old 25 August 2013, 03:54 AM   #30
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For 95K I'd get a 5170G with the Breguet numerals or if I didn't already have the 5146 I'd get something like the 5940J and get a grand complication.
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