(Secondary Market) Will the Aquanaut SS 5167A join the $100K club....??

[SL BRABUS]

Originally Posted by mineral

Simple and clean dial design, versatile with both factory rubber strap and ss bracelet. Make it most practical patek.

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+1...... Exactly......^^^....

Originally Posted by Rushne

Ooof. It’s getting a little crazy to be honest. Even though it’s my first and only Patek, I am starting to toy with the idea of selling it if it does indeed go over 100k comfortably. I mean I’m not rich rich, but I don’t need the money in particular but … ah screw it. What would I do with the money anyway?

Haha as you can see it’s causing a roller coaster of emotions

Do you remember last year, the PM that you send me regarding how high the 5167 would be on the secondary market.... I say it would peak out @ $50k..... Boy, I was wrong....

Originally Posted by RyanO

I think they are going to 100… Pulled the trigger a few weeks ago before I get completely priced out. This production tun is getting long in the tooth. Discontinuation soon?




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Originally Posted by scharnke

I think everybody knows whats coming 2023

Originally Posted by Ichiran

All these even before Patek discontinues the 5167a...

To be continued.

I have a feeling that Thierry Stern will drop a bomb regarding the 5167, during late summer or late fall.....

So yes..... To be continued & stay tune......

[Rushne]

Originally Posted by SL BRABUS

Do you remember last year, the PM that you send me regarding how high the 5167 would be on the secondary market.... I say it would peak out @ $50k..... Boy, I was wrong....

Haha yeah I do. It’s completely crazy.

[QuelleHeureEstIl]

Originally Posted by SL BRABUS

I have a feeling that Thierry Stern will drop a bomb regarding the 5167, during late summer or late fall.....

I heard that they wanted to adapt the release strategy because it is hard for the front team.

They would release models in 2 batches: Watches&Wonder period and autumn period.

[Mini2]

Originally Posted by QuelleHeureEstIl

I heard that they wanted to adapt the release strategy because it is hard for the front team.

They would release models in 2 batches: Watches&Wonder period and autumn period.

Didn't they do 3/4 releases in 2021

[QuelleHeureEstIl]

Originally Posted by Mini2

Didn't they do 3/4 releases in 2021

Actually, it was... six... https://www.patek.com/en/collection/new-models-2021 (Even more if you count the "special limited batches")

The feedback was that it was too many release batches.

[Mini2]

Originally Posted by QuelleHeureEstIl

Actually, it was... six... https://www.patek.com/en/collection/new-models-2021 (Even more if you count the "special limited batches")

The feedback was that it was too many release batches.

I think its better and spread the releases rather than 1 or 2

[QuelleHeureEstIl]

Originally Posted by Mini2

I think its better and spread the releases rather than 1 or 2

As customer, I totally agree and I am with you!! :) But for the employees... :/

During the pandemic, frequent releases was their only way to "keep in touch". Now, if covid restrictions are being lifted, they be have more physical events. :)

[Mini2]

My understanding is its very much going to be like 2021 a variation of releases

[Breizh]

Originally Posted by mineral

Simple and clean dial design, versatile with both factory rubber strap and ss bracelet. Make it most practical patek.

I agree with that statement but the part I don't get is why nobody saw it that way twenty years ago?
My first Patek was a 5065 which I adored, but it didn't get much respect back then.
I just don’t understand the sudden change of mind…

[mineral]

Originally Posted by Breizh

I agree with that statement but the part I don't get is why nobody saw it that way twenty years ago?
My first Patek was a 5065 which I adored, but it didn't get much respect back then.
I just don’t understand the sudden change of mind…

Because number of choices of other watches 20 years ago and today choices are different. People can buy most of popular watches they want if fund allows them. And in today market most buyers need to be on waiting list to get the watch.


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[cascavel]

Originally Posted by Breizh

I agree with that statement but the part I don't get is why nobody saw it that way twenty years ago?
My first Patek was a 5065 which I adored, but it didn't get much respect back then.
I just don’t understand the sudden change of mind…

Twenty years ago I owned 1 watch, now I have 8. Same with everyone else.
Huge demand increase has created huge supply shortfall. Prices have risen accordingly.
Go on the Rolex Watches segment of this Forum and look at the SOTC posts of some collectors. They have boxes of modern production Rolexes, different complications but all in the same Rolex Oyster case. Why?
Today, no one would be interested in your 5065 if it weren't for the fact that they can't get a 5167a, and no one would be interested in the 5167a if it weren't for the fact that they can't get a 5711/1a.
Blame it on social media and the Federal Reserve. In 2008 and again in 2020, to combat downturns in the economy, the Fed printed trillions of dollars and gave it out to the already wealthy, as is their way. Having too much cash induced the wealthy to spend some of it on luxury goods.

[321Forever]

I’m glad that I got mine for $19K in 2014. Today, the watch market is nutty. I don’t know that I’ll ever wear it out again.

Luckily, there are nice options if you can accept that the watch you buy may not explode with appreciation over time (e.g., Tudors, Omegas, Sinn, maybe some of the Lange). Or, do what I did and start learning to shoot. Lots of gadget goodness with firearms (safes, lockboxes, hand craftsmanship). …even here in California.

[JSCP]

I got mine for retail 18,250$? in 7 months in 2018, no
major history at my AD, since then purchased a few hard to pieces w them, they quite nice to me…

[SL BRABUS]

Originally Posted by Breizh

I agree with that statement but the part I don't get is why nobody saw it that way twenty years ago?
My first Patek was a 5065 which I adored, but it didn't get much respect back then.
I just don’t understand the sudden change of mind…

(36mm vs 40mm) That because it's too small for a sport watch......

[SL BRABUS]

Originally Posted by QuelleHeureEstIl

I heard that they wanted to adapt the release strategy because it is hard for the front team.

They would release models in 2 batches: Watches&Wonder period and autumn period.

Originally Posted by Mini2

Didn't they do 3/4 releases in 2021

Originally Posted by QuelleHeureEstIl

Actually, it was... six... https://www.patek.com/en/collection/new-models-2021 (Even more if you count the "special limited batches")

The feedback was that it was too many release batches.

Originally Posted by Mini2

I think its better and spread the releases rather than 1 or 2

Originally Posted by QuelleHeureEstIl

As customer, I totally agree and I am with you!! :) But for the employees... :/

During the pandemic, frequent releases was their only way to "keep in touch". Now, if covid restrictions are being lifted, they be have more physical events. :)

I think they will release 3 or 4 batches this year......

Since they have a lot going on this year regarding the dress watches (Calatrava 90 years anniversary).... All spotlight on the Calatrava during first batch......

Later on... Third or fourth batch, hopefully they will drop a bomb on a Aquanaut 25 years anniversary..... (Save the best for last)

That way there something excited through out of the year.....

[llngoc]

Originally Posted by SL BRABUS

I think they will release 3 or 4 batches this year......

Since they have a lot going on this year regarding the dress watches (Calatrava 90 years anniversary).... All spotlight on the Calatrava during first batch......

Later on... Third or fourth batch, hopefully they will drop a bomb on a Aquanaut 25 years anniversary..... (Save the best for last)

That way there something excited through out of the year.....

Don’t forget almost all the world timers are discontinued so there must be a batch of world timers coming too.

[rolexperfect]

In Germany it already did. Insane how these went up because of Nautilus prices.


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[893bet]

I love mine. I really do. It’s just everything I love in a watch.

But when I look at it these days I see an ALS 1815 chrono and 30k cash back.

[SoylentGreenChi]

Originally Posted by 893bet

I love mine. I really do. It’s just everything I love in a watch.

But when I look at it these days I see an ALS 1815 chrono and 30k cash back.

Feel the same way! In my case it’s the steel VC Cornes de Vache and $50K cash back.


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[llngoc]

Originally Posted by SoylentGreenChi

Feel the same way! In my case it’s the steel VC Cornes de Vache and $50K cash back.


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We just got the CDV and it is definitely a lot more watch than 5167. We love it.

[Al1988]

Not long to go…insane movements over the last 2 weeks.




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[llngoc]

Originally Posted by Al1988

Not long to go…insane movements over the last 2 weeks.




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C24 is an alternate reality (or should we say metaverse). I saw $500k 5740 on there and a $640k FPJ RQ. These cannot be for real and we need the real trading price.

[Keldw]

Originally Posted by llngoc

C24 is an alternate reality (or should we say metaverse). I saw $500k 5740 on there and a $640k FPJ RQ. These cannot be for real and we need the real trading price.

I know of one that traded at $95 just yesterday

[Stonedcl]

Thank god I did not sell mine when my 2nd daughter was born.. I paid like 16-17k and was going to sell for 20k a few years back but never pulled the trigger. I got a bunch of low ball offers, so never sold. This watch will pay for my girls college education by they time they are old enough to go.

[xjeeunitx]

Originally Posted by llngoc

C24 is an alternate reality (or should we say metaverse). I saw $500k 5740 on there and a $640k FPJ RQ. These cannot be for real and we need the real trading price.

Not actually. If you notice, most of the active greys here on the forums will price their watch close to the bottom number of what C24 estimates. While C24 prices are a bit inflated, it does a great job in capturing market trends as watch values go up and down. This is not just US prices but prices of watches internationally.

[xjeeunitx]

Originally Posted by GreenLantern

The whole thing is one big joke.

Hater much?

[xjeeunitx]

Originally Posted by GreenLantern

I just don't understand why anyone, other than speculative hoarders, would pay $100,000 for a 5167A when there are so many other more exciting options to choose from out there in that price range.

I've been in this game for 2 decades, and I still don't understand this.

Maybe it's because there is nothing avail for folks can buy for $100K anymore? I am talking about PP, AP & VC. 5167A seems like a bargain to many folks when 5711A are being sold for $175K plus and 15202s are being sold for $150K respectively. That's why VC 4500V Overseas is great buy and demand has been going up significantly for that watch. We are in a "flex culture" and this trend along with this rising market is here to stay.

[xjeeunitx]

Originally Posted by Stonedcl

Thank god I did not sell mine when my 2nd daughter was born.. I paid like 16-17k and was going to sell for 20k a few years back but never pulled the trigger. I got a bunch of low ball offers, so never sold. This watch will pay for my girls college education by they time they are old enough to go.

Congratulations brother!

[llngoc]

Originally Posted by xjeeunitx

Not actually. If you notice, most of the active greys here on the forums will price their watch close to the bottom number of what C24 estimates. While C24 prices are a bit inflated, it does a great job in capturing market trends as watch values go up and down. This is not just US prices but prices of watches internationally.

I sure hope it is true that a 5740 is $500k and a RQ is $650

[xjeeunitx]

Originally Posted by Al1988

Not long to go…insane movements over the last 2 weeks.




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If you create a login for C24 and add a watch to your watchlist. It will show you the watch with some price trend analysis (the same picture as posted above). Note the bottom number is 90K of the photo above. Don't be surprised if the the next 5167A posted on the forums/grey website is priced around $90K. Price of specific watches vary depending on condition, box/papers, location of watch (currency), etc.

A lot of folks think the US grey market dealers set the price and change trends. This is an international watch market. European and Asian markets, specifically China/HK/Japan affect prices of watches. Currency exchange rates also will affect watch prices. There are so many factors that affect watch prices. Folks who think that greys are manipulating the watch market are simply clueless.