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Old 6 February 2019, 07:20 PM   #1
jay_kay
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Icon4 Patek Philippe Aquanaut 5167A 2018 on WF @ £27500!!!!

Just seen 2018 5167A on Watchfinder.co.uk at the eye-watering price of £27500. Obviously, this is only what they are asking but its a fair jump from 2018 one they had last month at £24500 which has obviously been sold!

https://www.watchfinder.co.uk/Patek%...91/item/129392

They even have an old 5065 from 2006 with no box at £23750!

Will the madness ever stop?

Who knows!
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Old 6 February 2019, 07:26 PM   #2
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David has a 2017 piece at U$29k only.
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Old 6 February 2019, 07:32 PM   #3
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Surely WF are using these watches as px leverage and jumping on the people who trade 3 SS Rolex Sports for a Patek etc?!?! I genuinely can't see anyone walking into a store and paying £27500 for a watch that retails at £14500 nearly a 90% increase! Thats almost the same % increase as the 5711 blue!
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Old 6 February 2019, 08:25 PM   #4
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I was offered £21,000 for mine last week as a trade-in (on a far more expensive watch). I did not do it, since (a) I have no desire to part with my 5167A and (b) the far more expensive watch they were trying to sell me was in any event hideous.
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Old 6 February 2019, 09:26 PM   #5
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Nuts!
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Old 6 February 2019, 11:38 PM   #6
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Watchfinder and Chronext are ubiquitous rip-offs. Also, I really dislike the poetic YouTube videos from Watchfinder. Good quality magnifications and sometimes interesting historical trivia but the romance wears off quickly. These 2 online stores capitalize the most on hypes and still somehow manage to sell at exuberant price points. I think a lot of people share my opinion and won’t ever buy from them or their cohorts.
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Old 7 February 2019, 03:21 AM   #7
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Never mind that price have you seen the 5740 for 215k.



Ouch

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Old 7 February 2019, 06:35 AM   #8
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Originally Posted by Valedictorian View Post
Watchfinder and Chronext are ubiquitous rip-offs. Also, I really dislike the poetic YouTube videos from Watchfinder. Good quality magnifications and sometimes interesting historical trivia but the romance wears off quickly. These 2 online stores capitalize the most on hypes and still somehow manage to sell at exuberant price points. I think a lot of people share my opinion and won’t ever buy from them or their cohorts.
Whilst there are fools willing to part with their money, good luck to them. Capitalism at its finest.
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Old 7 February 2019, 08:05 AM   #9
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Originally Posted by Valedictorian View Post
Watchfinder and Chronext are ubiquitous rip-offs. Also, I really dislike the poetic YouTube videos from Watchfinder. Good quality magnifications and sometimes interesting historical trivia but the romance wears off quickly. These 2 online stores capitalize the most on hypes and still somehow manage to sell at exuberant price points. I think a lot of people share my opinion and won’t ever buy from them or their cohorts.


I love WF vids the guy has great voice and love the scripts too ,you may know by accident who s the speaker?
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Old 7 February 2019, 09:37 AM   #10
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I gave up saying this was nuts and where will this end over a year ago, and I see no signs of anything really changing unless supply really opens up.
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Old 8 February 2019, 12:24 AM   #11
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Never mind that price have you seen the 5740 for 215k.



Ouch

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Yeah!
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Old 8 February 2019, 12:28 AM   #12
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Yeah!

I've just put a request in with my AD for. 5740 lol


Also if you look on watch club they have a bracelet 5167 going for the same amount, take a look and see if you can see what shop it came from, can't see tjem being happy
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Old 8 February 2019, 01:08 AM   #13
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I've just put a request in with my AD for. 5740 lol


Also if you look on watch club they have a bracelet 5167 going for the same amount, take a look and see if you can see what shop it came from, can't see them being happy
Sad to see for sale within 7 days. This watch has been walked effectively round the corner and sold. Not even attempted to enjoy the watch.

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Old 8 February 2019, 01:09 AM   #14
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I've just put a request in with my AD for. 5740 lol


Also if you look on watch club they have a bracelet 5167 going for the same amount, take a look and see if you can see what shop it came from, can't see tjem being happy
Fantastic I am sure you will enjoy the piece if not you know what to do Mine should be here next month.
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Old 8 February 2019, 01:19 AM   #15
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Sad to see for sale within 7 days. This watch has been walked effectively round the corner and sold. Not even attempted to enjoy the watch.



Which is why I hope some of the 50 ads have been cut


But it is a question, for 93k and u can make possibly 70k in a week would you?

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Old 8 February 2019, 01:20 AM   #16
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Fantastic I am sure you will enjoy the piece if not you know what to do Mine should be here next month.
Will you be straight down tbe Road with it? Lol

I've actually stated to many people including my AD I don't like it, to me they are just trying to cane the Nautilus market, its supposedly a sports watch,


Hey ho that's a different thread entirely

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Old 8 February 2019, 01:29 AM   #17
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This makes me wonder why Patek are not doing more, like Rolex are trying, to combat flippers? If you pick up your 5167A or indeed any Aquanaut or Nautilus today from an AD, you are able to walk out with all the papers and can flip within hours. There is a grey this week in London who has got in to stock almost every model of Aquanaut and Nautilus there is - all of them brand, spanking new.

Why are Patek not trying to stop this? Or....... do they actually quite like it?
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Old 8 February 2019, 02:09 AM   #18
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Which is why I hope some of the 50 ads have been cut


But it is a question, for 93k and u can make possibly 70k in a week would you?

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On the Nautilus it is indeed the question and anyone in that position done good because that's not just a few thousand above retail

I was just referring to the 5167. Not even a few days and its sold - Someone at Wempe going to get in trouble
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Old 8 February 2019, 02:14 AM   #19
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On the Nautilus it is indeed the question and anyone in that position done good because that's not just a few thousand above retail



I was just referring to the 5167. Not even a few days and its sold - Someone at Wempe going to get in trouble
Indeed, but is it wempes fault?

It's a tricky 1

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Old 8 February 2019, 02:28 AM   #20
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Indeed, but is it wempes fault?

It's a tricky 1

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The age old debate
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Old 8 February 2019, 02:46 AM   #21
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The age old debate
Indeed

Would be interested to know there response or action

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Old 8 February 2019, 02:58 AM   #22
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Indeed, but is it wempes fault?

It's a tricky 1

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I'm not sure how it can be Wempe's fault. The 5167 is a highly desirable piece, so we can presume the person who flipped it has had a decent history with them, and is not a walk in. So, presumably, there is an established relationship there.

What the person does as soon as they walk out the door is out of Wempe's hands - all they can do to counteract it in the future is blacklist the person who flipped it.
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Old 8 February 2019, 03:08 AM   #23
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"You never actually own an Aquanaut, you merely flip it the next week"
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Old 8 February 2019, 03:13 AM   #24
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I'm not sure how it can be Wempe's fault. The 5167 is a highly desirable piece, so we can presume the person who flipped it has had a decent history with them, and is not a walk in. So, presumably, there is an established relationship there.

What the person does as soon as they walk out the door is out of Wempe's hands - all they can do to counteract it in the future is blacklist the person who flipped it.
They will have a very difficult phone call with Rhone. The 5167 is however exactly the piece a first time buyer will be getting having been on a wait list - at some point they have to go with a new customer having done as much due diligence as they can reasonably be expected to do.
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Old 8 February 2019, 03:20 AM   #25
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They will have a very difficult phone call with Rhone. The 5167 is however exactly the piece a first time buyer will be getting having been on a wait list - at some point they have to go with a new customer having done as much due diligence as they can reasonably be expected to do.
I would have thought the same (re: the 5167 being an entry piece), however my fiancée is a Patek AD in London, and she says no-one is getting a 5164/67 5711/12 as the first watch unless they have a very well established relationship. I guess it's a simple enough measure to prevent flippers, but there is only so much ADs can do.

Withholding the papers for 12 months seems like an effective enough means of preventing immediate flipping - such as this instance.
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Old 8 February 2019, 03:26 AM   #26
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Will you be straight down tbe Road with it? Lol

I've actually stated to many people including my AD I don't like it, to me they are just trying to cane the Nautilus market, its supposedly a sports watch,


Hey ho that's a different thread entirely

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My wait is almost 12 months for the 5740G so I won't be going to WF soon with it. I have a good relationship with the owner of the AD as well as Mark, Adrian and Peter at Rhone so flipping a watch is a big no for me.
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Old 8 February 2019, 03:31 AM   #27
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On the Nautilus it is indeed the question and anyone in that position done good because that's not just a few thousand above retail

I was just referring to the 5167. Not even a few days and its sold - Someone at Wempe going to get in trouble
Wempe normally sells Nautilus and Aquanauts to their established clients so it is difficult to fault them.
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Old 8 February 2019, 03:32 AM   #28
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My wait is almost 12 months for the 5740G so I won't be going to WF soon with it. I have a good relationship with the owner of the AD as well as Mark, Adrian and Peter at Rhone so flipping a watch is a big no for me.
I was teasing, and yep I know Mark and Adrian, and heads up I've never flipped a pp

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Old 8 February 2019, 03:36 AM   #29
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I would have thought the same (re: the 5167 being an entry piece), however my fiancée is a Patek AD in London, and she says no-one is getting a 5164/67 5711/12 as the first watch unless they have a very well established relationship. I guess it's a simple enough measure to prevent flippers, but there is only so much ADs can do.

Withholding the papers for 12 months seems like an effective enough means of preventing immediate flipping - such as this instance.
It's a very difficult position for everyone if you stop new buyers who are prepared to wait getting on the bottom rung of the ladder with the base model - how do you entice people into the brand if the first step has to be a complicated PM piece.
Keeping papers for 12 months would be a workable solution.
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Old 8 February 2019, 04:47 AM   #30
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It's a very difficult position for everyone if you stop new buyers who are prepared to wait getting on the bottom rung of the ladder with the base model - how do you entice people into the brand if the first step has to be a complicated PM piece.
Keeping papers for 12 months would be a workable solution.

i agree
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