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16 September 2020, 07:32 AM | #1 |
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5164R thoughts & Wait Times
Am looking for a Aquanaut 5164R (though I thought this might be ‘easier’ than SS) when I raise the question with an AD, it’s almost as if you have to purchase a ‘core’ model first before even getting a chance at an Aquanaut/Nautilus.
Has this been the case with your experience even for precious metal pieces? Welcome peoples thoughts and to hear about the journey. Also roughy timescales it has taken some of you guys? |
16 September 2020, 07:41 AM | #2 |
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Yup, normal. Your money is no good there
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16 September 2020, 09:07 AM | #3 |
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my ad had a 5164R in their case (that was 2019)
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16 September 2020, 09:09 AM | #4 | |
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16 September 2020, 09:18 AM | #5 |
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Yep Although I bought several pieces - 5711 R and 5990 last year. The ad who worked w me have the door closed on him by PP , so now I have no Ad. Local one tells me maybe if I buy some of their old inventory that’s probably spent 2 years in the showcase at full retail MAYBE then they might grace me by putting me on a wait list.Finally decided I am not going to buy something I am guaranteed to lose money on if I ever want to sell or trade,especially something I don’t even want! Soo just purchased a 5167 R from a grey in as new condition complete 2020. Just had to pay the premium.
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17 September 2020, 07:34 PM | #6 |
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Just go gray and get it over with. Great watch and you will keep it forever!
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17 September 2020, 11:20 PM | #7 |
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Thats normal since 2 yrs ago in Australia. Anything that sells above MSRP on chrono24 you simply cant get them easily.
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21 September 2020, 05:54 AM | #8 |
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Im interested in the wait/process as well. What is a core model? What if you have purchase history at the same AD with other brands? Do you still have to purchase other Patek models before buying a Nautilus/Aquanaut? Please do tell...
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22 September 2020, 09:59 AM | #9 | |
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22 September 2020, 10:28 AM | #10 | |
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To OP, yes the 5164R is hard to get, but do start a conversation with your AD to express interest and see how it plays out. |
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23 September 2020, 04:56 AM | #11 |
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Well Ad said it was bc PP was reducing the no of AD’s in US. He had been an AD for PP for 2 generations. Very sad. Of course it leaves me with out a dealer. Although I have 8 PP’s, I have tried to find a new one who would work with me to no avail. Thanks
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23 September 2020, 05:24 AM | #12 | |
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Left me no path other than to go hunting elsewhere for my first Patek. Started from the bottom, now I'm, well, still at the bottom |
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23 September 2020, 05:29 AM | #13 | |
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23 September 2020, 05:44 AM | #14 |
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Its a very difficult situation now where demand far exceeds supply and Patek knows that the Nautilus and Aquanaut lines are their big movers but they do not want to be defined by these two core models alone.
With that being said they have tried to push more Calatrava's and complications instead of just the Nautilus and Aquanauts. If you want a "new" path to any AD you need to buy something that is "easier" to get, I started off with a 5205, 5296, and 5524 at 3 different stores and each got me something I wanted after a 1 to 2 year wait. Only 1 AD I have worked with has gotten me to coveted pieces in the last two years, but I had to buy a 5068R to get a 5164R and also had to buy a 5575 over retail to be considered for a 5990 at retail. The game sucks unfortunately but the only short cut is to pay more on the secondary market. |
23 September 2020, 06:07 AM | #15 | |
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I think there's a bit of archaic thinking in the Swiss watch world. Too much of an "old" opinion driving business. From my perspective, when I talk to people, they associate Patek with the Naut and Aqua. It doesn't matter what Patek wants to be defined by, you are defined by what the *people* define you as. AP is the RO. Rolex is the SS professional sports model line. Patek is the Naut and Aqua. Embrace it. Live it. Profit. Survive. |
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23 September 2020, 06:13 AM | #16 | |
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23 September 2020, 07:43 AM | #17 | |
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23 September 2020, 07:45 AM | #18 | |
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23 September 2020, 07:45 AM | #19 | |
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23 September 2020, 07:51 AM | #20 | |
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23 September 2020, 08:07 AM | #21 |
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I love the artistry and engineering that goes into making a timepiece like the PP 5270. I especially like the manual wind peices because you can see the entire movement without a rotor blocking your view. However that watch is in another stratosphere when it comes to price. LoL
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23 September 2020, 08:10 AM | #22 |
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I absolutely love the high horology pieces. And I never, ever want them to stop making them.
But, that's not what the future of Patek buyers wants. Heck, that's not what the *current* Patek buyers want. Want evidence that I'm right? Look at aftermarket pricing. 5270P-001 trades in the $150k range. Patek just raised MSRP from $192,780 to $205,807. The number of people who gawk at the 5270 is small compared to the number of people on the planet who gawk at and lust over a 5711 or 5712 or other Nauts and Aquas. The people define what you are known for long term. Just look at AP. Also worth noting that the 5270 isn't what Patek is targeting as their bread & butter. They want to sell the $50k gold dress pieces. That's what they push on ADs. That's what ADs push on people who walk in wanting a sport watch. |
24 September 2020, 09:00 PM | #23 |
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Considering my first PP right now and while I have strong relationships with both Rolex and FPJ (and big spend to get it), I am not interested in repeating the relationship process with PP. I'm going grey with PP, as others have suggested.
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24 September 2020, 11:03 PM | #24 | |
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Entirely disagree with this comment... It was "Old" archaic thinking which prevented PP going down the Quartz route for their premium offerings in the 80's. It was their old thinking that gave rise to timeless classicism which means their watches command the very highest auction prices of all time. Indeed it is their "old" thinking which is responsible for the dated 1970's design around which the Nautilus is based!! I'm sorry but I believe your comment reveals as certain naivety as to how to safeguard long term Brand Equity. For those getting the Nautilus/Aqua at list from their AD, these sports watches are on the periphery of the PP offering which is why AD's give them to such people. If I think of myself, I could only bothered to take 5711 and 5980/1r after I'd purchased 7 other Pateks and needed a beater to scratch on the side of the holiday pool having got rid of my Rolexes....My AD knows I love the brand, he knows i don't flip, he knows I'll be buying PP's long after the gray market premiums and insta-fads have gone. Indeed, Naut/Aqua is at the bottom rung of the PP brand association in my mind... as it is for so many PP collectors that sustain the business's revenues. A lot of this depends who you talk to..... For the nouveau arrivistes, MMA fighters, Rihanna and Instagram set, yes PP is exactly as you describe - Naut and Aqua - (that's equivalent to associating Porsche with the Boxster btw). But when the fad for showing off is over, when Instagram is as dated as Myspace, and the moment the premiums disappear, then I think a reversion to the underlying brand identity will take effect as long as Thierry Stern doesn't make the company a one-trick pony like AP. And the way to do that is easy - don't expand Nautilus production. |
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25 September 2020, 10:29 AM | #25 | |
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It's not a fad. IG won't go the way of MySpace. MySpace started a "show-off" fad. MySpace died. IG took its place. The fad didn't wear off. |
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25 September 2020, 01:22 PM | #26 | |
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25 September 2020, 03:33 PM | #27 |
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25 September 2020, 11:36 PM | #28 | |
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This is the new Gilded Age, showing off one's wealth -- from staggering 'mega' mansions and yachts to hard to get watches and cars which are then showed off for everyone else to see on social media. I hope I am wrong. |
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26 September 2020, 01:32 AM | #29 |
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I suppose this is not helpful at all, but this is making feel very grateful for my AD getting me one relatively easily. I'd say just pay gray and love it forever because it is awesome.
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26 September 2020, 07:59 AM | #30 | |
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And this is not ever going to change. Look throughout history, the changes in society don't ever revert back, they simply continue moving forward to the next new thing (that only seems to build upon the old). |
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