5212A Prices dropping

[sxdcfv]

Not sure if anyone has been watching the pricing for 5212A, but it has been dropping. Initial prices very high but as more pieces hit the secondary market they are as low as $52K.

Any thoughts on how low they might go? It's obviously all speculation. For those of you lucky enough to get one from your AD- good for you!!! It's a great piece.

[Calatrava r]

These will be MSRP before long unless PP really slows deliveries (which they may do). Remember the 5320G (MSRP 81K) selling for what 95K on the secondary market when released. Now they are low/mid 60s, which means hard used dealer cash on them to buy is low/mid 50's.

Reality is that 5212A is a strap dress watch, complication notwithstanding, and the market is soft on strap dress watches.

[Josh1000]

No surprise. Simple law of supply and demand. As long as prices are high u will have more flippers and that will drive supply....the 5231J first sold at $120$ now dealers are taking $105!!!

[golfski]

Originally Posted by sxdcfv

Not sure if anyone has been watching the pricing for 5212A, but it has been dropping. Initial prices very high but as more pieces hit the secondary market they are as low as $52K.

Any thoughts on how low they might go? It's obviously all speculation. For those of you lucky enough to get one from your AD- good for you!!! It's a great piece.

I would imagine (hoping) they get near MSRP over time as they start to become more widely available and more pick them up and move them. The first few were insanely priced at 65K+ on C24.

[Russell996]

Originally Posted by sxdcfv

Not sure if anyone has been watching the pricing for 5212A, but it has been dropping. Initial prices very high but as more pieces hit the secondary market they are as low as $52K.

Any thoughts on how low they might go? It's obviously all speculation. For those of you lucky enough to get one from your AD- good for you!!! It's a great piece.

If you study any of the sales of Patek pieces when they first hit the used market there is always a period of setting the price - who knows what the used price is until a number of pieces are sold. If the price has dropped it is simply the market stabilising and setting the current benchmark.

[GB-man]

I think its headed towards a 5-10k premium short term on ask and msrp on bid. Pure guess.

[Josh1000]

It's the greatest watch since 5522...we just need Louise to confirm

[Fat_ninja]

Originally Posted by Josh1000

It's the greatest watch since 5522...we just need Louise to confirm

But that was a ltd edition. This is not.

[Fat_ninja]

If this watch gets to MSRP. It’s going to drop below that quick. I’ll make a bet in 1 years time this is below MSRP.

I got no skin in the game...Just giving my 2 cents

[Pim]

I have been watching the prices like a hawk.
The first watch came out (grey) at a price point of 82K euro (luxurywatches), prices stayed there for a month or so. Then in early November the price dropped to 65K euro due to a watch dealer on chrono from Italy.
In the beginning of December prices dropped again to the current point.

I really hope that the fat ninja can change his nickname to fat oracle of fat prophet in a year and I can get my Weekly :P
There has not been a Weelky delivered to The Netherlands yet, tells you how important we are to Patek

[Fat_ninja]

Originally Posted by Pim

I have been watching the prices like a hawk.
The first watch came out (grey) at a price point of 82K euro (luxurywatches), prices stayed there for a month or so. Then in early November the price dropped to 65K euro due to a watch dealer on chrono from Italy.
In the beginning of December prices dropped again to the current point.

I really hope that the fat ninja can change his nickname to fat oracle of fat prophet in a year and I can get my Weekly :P
There has not been a Weelky delivered to The Netherlands yet, tells you how important we are to Patek

really fat Oracle... with a picture of O as my avatar lol

[sxdcfv]

Lots of interesting perspectives. It's a piece I want and hope to get one from my AD....

I think the comment "Reality is that 5212A is a strap dress watch, complication notwithstanding, and the market is soft on strap dress watches." makes a lot of sense.

[Russell996]

Originally Posted by sxdcfv

Lots of interesting perspectives. It's a piece I want and hope to get one from my AD....

I think the comment "Reality is that 5212A is a strap dress watch, complication notwithstanding, and the market is soft on strap dress watches." makes a lot of sense.

I would venture to suggest it is a casual watch, not dress and not sports. Market is soft on anything but sports so to date the 5212 has done well to swim against the tide.

There is absolutely no sensible reason for any current production non limited piece to sell for more on the secondary market than new.

[Fat_ninja]

Originally Posted by sxdcfv

Lots of interesting perspectives. It's a piece I want and hope to get one from my AD....

I think the comment "Reality is that 5212A is a strap dress watch, complication notwithstanding, and the market is soft on strap dress watches." makes a lot of sense.

Would you still want this if there are 3 equally exciting calatravas that get introduced in 2020? (I have no idea).


I would suggest everyone to slow play everything :) except a 5711 blue. Stack management my friends

[ts3]

Originally Posted by Fat_ninja

Would you still want this if there are 3 equally exciting calatravas that get introduced in 2020? (I have no idea).


I would suggest everyone to slow play everything :) except a 5711 blue. Stack management my friends

Stack management... On xmas I got laughed out of the farm of the girl's parents in Lower Bavaria as I didn't distinguish between a stack and a pile... of onions, potatoes, you name it... Lol...

[subtona]

It’s a nice and unique watch, it would be nice to walk into an AD and get your name on the papers and keep it in the family and see it hold its value and then creep up after some years and when your son or daughter inherits it as a item that could help their future if they need it.

[Bearxj86]

If is settled around MSRP I will get one.

[Fat_ninja]

Originally Posted by ts3

Stack management... On xmas I got laughed out of the farm of the girl's parents in Lower Bavaria as I didn't distinguish between a stack and a pile... of onions, potatoes, you name it... Lol...

What’s the difference? Pile is bigger?

[JR16]

I’m in the FN and Jin camp... at MSRP (at my AD) I will/would buy , but want to see what Basel 2020 has in store first for the Calatravas.


Sent from my iPhone using Tapatalk Pro

[Passionata]

Originally Posted by Fat_ninja

If this watch gets to MSRP. It’s going to drop below that quick. I’ll make a bet in 1 years time this is below MSRP.

I got no skin in the game...Just giving my 2 cents

It will drop like a stone ,great watch but not more .i know it s steel but still...

[Tan]

I think this will sell below MSRP in the near future as it ages

[B01fan]

Would love to have one but not above retail.

For people with the means to spend $50-60k on this reference, presumably they are heavy hitters at their ADs and can get it at retail anyway (perhaps with a bundle).

[ts3]

Originally Posted by Fat_ninja

What’s the difference? Pile is bigger?

Exactly my question... At least on the farm a pile is a disorderly heap of roundish objects, onions, potatoes, sugar beets, while a stack is an orderly arrangement of boxes or crates w such onions, potatoes etc on top of each other.

[ts3]

Originally Posted by JR16

I’m in the FN and Jin camp... at MSRP (at my AD) I will/would buy , but want to see what Basel 2020 has in store first for the Calatravas.


Sent from my iPhone using Tapatalk Pro

Also curious regarding the new Calatravas but not interested in the 5212 as it keeps having too many hands for my taste.

[BigAppleBill]

Originally Posted by ts3

Exactly my question... At least on the farm a pile is a disorderly heap of roundish objects, onions, potatoes, sugar beets, while a stack is an orderly arrangement of boxes or crates w such onions, potatoes etc on top of each other.

It all sounds like a load to me.

[Fat_ninja]

Originally Posted by BigAppleBill

It all sounds like a load to me.

Or a pile of ... lol

[GeraldGentaFan]

Market for strap watches is weak, but the CB from FPJ has been a notable exception. Try to get one for retail... My best guess is that the 5212 will trade at a premium similar to the CB. Similar price, similar target audience. In the end will depend mainly on how many and how long Patek will make the 5212.

[soundserious]

Originally Posted by GeraldGentaFan

Market for strap watches is weak, but the CB from FPJ has been a notable exception. Try to get one for retail... My best guess is that the 5212 will trade at a premium similar to the CB. Similar price, similar target audience. In the end will depend mainly on how many and how long Patek will make the 5212.

Come on now. We know Patek will make far too many of these and probably in every possible metal with multiple dial combos.

[wisguy]

Hope your predictions are correct, as I really want one...

[Vipes]

Originally Posted by soundserious

Come on now. We know Patek will make far too many of these and probably in every possible metal with multiple dial combos.

I think you may be right.