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Old 26 January 2022, 02:54 PM   #151
jds1017
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Originally Posted by rolexpatek363 View Post
Here's some results from last month's Phillips auction, you'll see that a 5712 sold for $294840, so it seems C24 are in the right ballpark.

https://www.phillips.com/auctions/auction/NY080121
The prices may be inflated as this was a charity auction so not only were the buyers purchasing the watch but donating to charity as well.
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Old 26 January 2022, 03:28 PM   #152
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The prices may be inflated as this was a charity auction so not only were the buyers purchasing the watch but donating to charity as well.
Only the 5711 Tiffany blue was sold for charity there. Then people got carried away. At high-profile auctions such as that one standard watches have been sold substantially above market including fees in the past.
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Old 26 January 2022, 09:29 PM   #153
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Originally Posted by rolexpatek363 View Post
Here's some results from last month's Phillips auction, you'll see that a 5712 sold for $294840, so it seems C24 are in the right ballpark.

https://www.phillips.com/auctions/auction/NY080121
Very interesting, thank you for sharing the link! Some crazy prices throughout that auction.
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Old 26 January 2022, 09:36 PM   #154
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Very interesting, thank you for sharing the link! Some crazy prices throughout that auction.
No worries, I was just about to make that exact point to the poster above. Watch price increases are real, and they are not confined to the PP Nautilus, with plenty of other very high prices at the same auction. I don't accept the proposition that "everyone got carried away" for the entire auction.
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Old 15 February 2022, 10:48 PM   #155
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The prices on Chrono are the highest I have ever seen ... there is one piece available for approx £127K. The next cheapest is almost £147K. This is absolute madness. I can almost swap LFL for a 5270p!
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Old 16 February 2022, 01:12 AM   #156
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Which model Patek, Rolex, VC, AP, is not currently at the highest prices you’ve ever seen?
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Old 16 February 2022, 01:20 AM   #157
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Which model Patek, Rolex, VC, AP, is not currently at the highest prices you’ve ever seen?
Interesting thing is that prices in the US look much higher than UK for a few Nauts I have seen, when historically UK was always first with the price rises after the Brexit bump.
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Old 16 February 2022, 01:44 AM   #158
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Which model Patek, Rolex, VC, AP, is not currently at the highest prices you’ve ever seen?
I’ve got no idea, I don’t track the resale price of watches that I don’t own!
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Old 16 February 2022, 04:54 AM   #159
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The prices on Chrono are the highest I have ever seen ... there is one piece available for approx £127K. The next cheapest is almost £147K. This is absolute madness. I can almost swap LFL for a 5270p!
The prices I'm seeing from reliable sellers are higher than that, at least in the US market.
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Old 16 February 2022, 05:24 AM   #160
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Originally Posted by Ubiquitous1984 View Post
The prices on Chrono are the highest I have ever seen ... there is one piece available for approx £127K. The next cheapest is almost £147K. This is absolute madness. I can almost swap LFL for a 5270p!

I guess you’ll still find nobody who really would give you a 5270p for a Nautilus but I might be wrong


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Old 16 February 2022, 05:48 AM   #161
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I guess you’ll still find nobody who really would give you a 5270p for a Nautilus but I might be wrong


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I know, it's crazy! Anyone looking to trade a 5270p for a 5712 need look no further.
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Old 16 February 2022, 10:45 AM   #162
Casey VP-26
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What a difference a couple of months makes on the 5712.
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Old 16 February 2022, 10:56 AM   #163
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One just popped up here on TRF at 210K. Nuts.


https://www.rolexforums.com/showthread.php?t=841986
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Old 16 February 2022, 11:09 AM   #164
Casey VP-26
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One just popped up here on TRF at 210K. Nuts.


https://www.rolexforums.com/showthread.php?t=841986
Thanks for the link
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Old 16 February 2022, 02:40 PM   #165
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One just popped up here on TRF at 210K. Nuts.

https://www.rolexforums.com/showthread.php?t=841986
Wooow!!! I'm wondering what this will sell for. Insane!!! Very nice set though - full, complete with everything. If you are going to get a 5712, this is an example of one to buy.
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Old 16 February 2022, 06:49 PM   #166
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All of them are going silly. 5726 on leather ask is >$120k.

What they ask and what they get are two v different things. I could list my tiny house for $20m - it won’t sell though.


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Old 16 February 2022, 11:21 PM   #167
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All of them are going silly. 5726 on leather ask is >$120k.

What they ask and what they get are two v different things. I could list my tiny house for $20m - it won’t sell though.


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I generally agree with this thinking. And when looking at a place like Chrono24, I think that is definitely the case. But when the prices here are going up, I think its a more accurate way to assess the market. I have been offered way above what I would have thought for my 5711 from dealers who will inevitably mark it up well above what they pay me. My guess is that in that sandbox of buyers, its unlikely I could get what they would and a buyer would want a reputable gray they have used before and/or known to a place like TRF. Takuya has a 5711 listed for 201K, so why wouldn't a 5712 fetch same or more? Seems accurate.
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Old 16 February 2022, 11:34 PM   #168
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I was very sceptical on the 5712 sale price, until one of the users on here posted a link to actual auction sold prices.
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Old 17 February 2022, 12:57 AM   #169
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I generally agree with this thinking. And when looking at a place like Chrono24, I think that is definitely the case. But when the prices here are going up, I think its a more accurate way to assess the market. I have been offered way above what I would have thought for my 5711 from dealers who will inevitably mark it up well above what they pay me. My guess is that in that sandbox of buyers, its unlikely I could get what they would and a buyer would want a reputable gray they have used before and/or known to a place like TRF. Takuya has a 5711 listed for 201K, so why wouldn't a 5712 fetch same or more? Seems accurate.
5712 is still technically "available" I'm surprised its going for a higher ask over the 5711. I guess its just so hard to get that its basically the same as discontinued.
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Old 17 February 2022, 02:49 AM   #170
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One just popped up here on TRF at 210K. Nuts.


https://www.rolexforums.com/showthread.php?t=841986
210k is on the lower end of the 5712 pricing spectrum.
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Old 17 February 2022, 03:33 AM   #171
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210k is on the lower end of the 5712 pricing spectrum.
Yes and again, why I think its reasonable to assume the seller will get close to the asking price. Versus crazy asking prices you see on C24, etc.
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Old 17 February 2022, 03:44 AM   #172
rolexpatek363
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Yes and again, why I think its reasonable to assume the seller will get close to the asking price. Versus crazy asking prices you see on C24, etc.
They are really not that "crazy" -- look again at the auction results from December, link upthread.
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