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Old 8 July 2019, 08:10 AM   #121
jschmidtdmd
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I own multiple pieces of Nautilus and RMs.. IMHO I think the nautilus bubble will burst before RMís. I donít see how can a 5711 be worth that much. Itís just a steel watch with simple time n date function. Workmanship is only average considering the market price they are trading at I am comparing them to similarly priced pieces.
Iíd agree with this statement. The nautilus bubble is rather new, RMs been like this for quite awhile.
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Old 8 July 2019, 08:11 AM   #122
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Iíd agree with this statement. The nautilus bubble is rather new, RMs been like this for quite awhile.
How has the price trends been for the RM models? You had mentioned in the RM section that it felt like news flow or activity around the brand felt slow
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Old 8 July 2019, 08:29 AM   #123
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How has the price trends been for the RM models? You had mentioned in the RM section that it felt like news flow or activity around the brand felt slow


It seems to me that nautilus movement happened quickly and as a knee jerk reaction to what was already happening to other brands. It wasnít too long ago I got a 5990/5711r under retail.

This has been the case in RM for the popular models since I started collecting. My comment in the other thread is in reference to the grey dealers stocking up aggressively on these models with the prices still going up. Now that they have all paid well over retail and are sitting on large inventories, I can see it starting to slow as greys start to protect their investment.

I feel like itís the exact opposite with PP- how many IG posts do you see of people offering to buy every aquanaut and nautilus under the sun.

Anyway, I hope that makes my point


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Old 8 July 2019, 08:42 AM   #124
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Originally Posted by jschmidtdmd View Post
It seems to me that nautilus movement happened quickly and as a knee jerk reaction to what was already happening to other brands. It wasnít too long ago I got a 5990/5711r under retail.

This has been the case in RM for the popular models since I started collecting. My comment in the other thread is in reference to the grey dealers stocking up aggressively on these models with the prices still going up. Now that they have all paid well over retail and are sitting on large inventories, I can see it starting to slow as greys start to protect their investment.

I feel like itís the exact opposite with PP- how many IG posts do you see of people offering to buy every aquanaut and nautilus under the sun.

Anyway, I hope that makes my point


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That makes sense. Really Appreciate the comments here
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Old 9 July 2019, 06:10 AM   #125
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Originally Posted by jenniferjanef View Post
I own multiple pieces of Nautilus and RMs.. IMHO I think the nautilus bubble will burst before RMís. I donít see how can a 5711 be worth that much. Itís just a steel watch with simple time n date function. Workmanship is only average considering the market price they are trading at I am comparing them to similarly priced pieces.
The Nautilus bubble is obscene. I have a 5711 and am adding a few more Nautilus pieces, but no way I'd pay the grey prices for them. I added a 5710P recently, and that and my 5711 in steel are worth within $15k of each other, which is absolutely ridiculous -- the Nautilus is nice, but the 5170P is at an entirely different level.

That being said, I don't think it's any worse than RMs going for double list, especially when we're talking about this meaning six-figure premiums. For what most popular "entry-level" time-and-date-only NTPT RMs are going for -- seems to be $200-250k from my brief research on C24 -- you can get high complication pieces from AP (a tourbillon AND a PC) or PP (5270P AND a 5711 on the grey market).

I think both bubbles will pop quite brutally, but I guess we'll have to wait and see.
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Old 9 July 2019, 03:47 PM   #126
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The Nautilus bubble is obscene. I have a 5711 and am adding a few more Nautilus pieces, but no way I'd pay the grey prices for them. I added a 5710P recently, and that and my 5711 in steel are worth within $15k of each other, which is absolutely ridiculous -- the Nautilus is nice, but the 5170P is at an entirely different level.

That being said, I don't think it's any worse than RMs going for double list, especially when we're talking about this meaning six-figure premiums. For what most popular "entry-level" time-and-date-only NTPT RMs are going for -- seems to be $200-250k from my brief research on C24 -- you can get high complication pieces from AP (a tourbillon AND a PC) or PP (5270P AND a 5711 on the grey market).

I think both bubbles will pop quite brutally, but I guess we'll have to wait and see.
Plus... IMHO I think RM collectors are at different level to PP collectors. Eg. A simple time only RM55 is retail at PPís ďPC grand complicationĒ plus heavy premium.
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Old 10 July 2019, 02:52 AM   #127
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The overall theme is when a major shift in the economy happens the people who were treating their watch box like a fun trading account will be out of the mix. This will also make it less sexy to new buyers as these pieces are no longer going up in value. Many of the fringe collectors, of which I have noticed we have many, will exit the hobby.

I cannot count how many people I see who have been collecting for 2 years and have half a million in watches lol
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Old 10 July 2019, 03:09 AM   #128
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The overall theme is when a major shift in the economy happens the people who were treating their watch box like a fun trading account will be out of the mix. This will also make it less sexy to new buyers as these pieces are no longer going up in value. Many of the fringe collectors, of which I have noticed we have many, will exit the hobby.

I cannot count how many people I see who have been collecting for 2 years and have half a million in watches lol
So true!
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Old 10 July 2019, 12:09 PM   #129
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I recently purchase RM 61-01 Yohan Blake and 030.

Sold the 61 at retail after 4 months. And 030 is about coming next month.
I also have some Rolex, but IMO, RM bubble hasn't really started yet because of the entry level and the difficulty of getting an easy piece like black Submariner. They will lose $$$$ if they don't know what to buy.
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Old 12 July 2019, 01:22 AM   #130
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Own a nautilus, never liked RM the style is not for me, although they really know how to market their watches.
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Old 12 July 2019, 02:58 AM   #131
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Purchased an 11-03 a couple years ago. Itís a striking piece and refreshingly different than the offerings from Rolex, Patek etc. At some point, collecting can become stale when limiting oneself to the traditional brands. That was my experience and eventually sought a watch that offered high end finishing and technology but with a fresh look.

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Old 12 July 2019, 03:20 AM   #132
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Purchased an 11-03 a couple years ago. Itís a striking piece and refreshingly different than the offerings from Rolex, Patek etc. At some point, collecting can become stale when limiting oneself to the traditional brands. That was my experience and eventually sought a watch that offered high end finishing and technology but with a fresh look.

I got to handle this piece...itís really really nice.
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Old 12 July 2019, 03:33 AM   #133
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Purchased an 11-03 a couple years ago. Itís a striking piece and refreshingly different than the offerings from Rolex, Patek etc. At some point, collecting can become stale when limiting oneself to the traditional brands. That was my experience and eventually sought a watch that offered high end finishing and technology but with a fresh look.

Is that as tall as it looks?
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Old 12 July 2019, 03:45 AM   #134
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Is that as tall as it looks?
it's not short, that's for sure. I prefer the 11s in ntpt or ceramic as a result.
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Old 12 July 2019, 03:54 AM   #135
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Is that as tall as it looks?


Itís quite tall and therefore a t-shirt watch only in my books. Ironically that while RM markets its watches as being a Ďracing machine on the wristí, Iím unable to fit my racing glove over it and revert to my Daytonas whenever I compete.
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Old 14 July 2019, 01:55 AM   #136
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Any views on the RM 61-01?
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