Would you trade Patek for RM?

[dcash0615]

Keep the 5990

[ap1]

No

[turborolex]

Originally Posted by pam66

a grey in dubai whom i know well has five or six RMs which have not been selling for months. he says that quite a few clients come in wanting to part-exchange their RMs, which they bought in some kind of adrenalin rush. upon wake up they find themselves with a piece of totally overpriced plastic in their hands:::)))

i think the backdrop of the story is that when you take away the hype very little substance remains. that is exactly the difference to PP.

It’s definitely a hyped brand.

The design is an acquired taste.



Sent from my iPhone using Tapatalk

[OH2004]

Originally Posted by AK797

I think a severe downturn, which will take down many brands, will really show us where they are but I suspect they are established enough now to emerge as a long term player.

I believe Richard is a smart businessman (I don't know him personally just my guess). I think he would cut off the supply if there is a big downturn. The biggest risk is a trend change where celebrities and others that are enamored with the brand moves on.

[martinr]

Maybe not to everyone’s taste but RM himself won this award in 2017. And look at some of the past winners, I wouldn’t be so quick to dismiss him and his watches as a passing fad or say he makes cheap plastic toys.

Would I trade a 5711 1A for a RM 67-01 in titanium? Absolutely without a doubt.

https://quillandpad.com/2017/09/14/2...marti-honored/

[Aquaman]

Originally Posted by martinr

Maybe not to everyone’s taste but RM himself won this award in 2017. And look at some of the past winners, I wouldn’t be so quick to dismiss him and his watches as a passing fad or say he makes cheap plastic toys.


https://quillandpad.com/2017/09/14/2...marti-honored/

. Well They are certainly not cheap

[martinr]

Originally Posted by Aquaman

. Well They are certainly not cheap

Haha. Ok then expensive plastic toys.

[GB-man]

Generally speaking no. RM is a toy for people with more money than god. The funny joke is many of the owners are not in that bracket and will be sorely upset when the hype
train moves on.

[Passionata]

Never,
RM is a perfect tool to burn money end get some overhyped technical “marvel”which looks definetly tempting for some but surely not hold value on a long run and even if it does who cares.

[Humble michael]

No,no. No -please keep the 5990 - if I had to wear it , I wouldn’t trade mine for any of the RM pieces. We have even been to the RM salon in Geneva and just couldn’t get excited about them. Put one beside 5711R or the 5990 and you will throw stones at the RM. Like what happened in Dubai, if you trade for it , after you come out of the hype ether , you will wish you hadn’t. Just my not so humble opinion - ha! :-)

[Ichiran]

Originally Posted by Fat_ninja

Look at u troll. Lol

I troll you not. The whole bonbon collection, with the exception of RM 16-01 Réglisse (googled), is super! I wish I have the pay to afford these beauties!

[bruinmd]

Originally Posted by Plastique999

In short, I personally would not, as I don’t fully understand RM and its pricing. Entry level RM pieces are over $100k, which seems absurd to me.
However, I have a 5990 and also with crazy pricing, the fleeting thought passed my mind....try RM?? Ummm


Sent from my Zeitwerk

Just depends on how much you love the brand and how much money you feel is worth spending on one.

For me personally? hell no. I have zero desire to spend that kind of $$ on a RM of any kind or price point.

But if i had money to burn, who knows. Maybe I would consider getting one? They just don't do much of anything for me. I would likely rather spend that mad money on a PC patek or AP

[TJMike]

Originally Posted by GB-man

Generally speaking no. RM is a toy for people with more money than god. The funny joke is many of the owners are not in that bracket and will be sorely upset when the hype
train moves on.

What about Ninja's with more money that god?!

[GB-man]

Originally Posted by TJMike

What about Ninja's with more money that god?!

[somebodyy]

Originally Posted by GB-man

The funny joke is many of the owners are not in that bracket and will be sorely upset when the hype
train moves on.

Just like with all those Patek bois comming out of nowhere.

[GB-man]

Originally Posted by somebodyy

Just like with all those Patek bois comming out of nowhere.

Yes I agree if you’re buying Patek over msrp.

[somebodyy]

Even half the retail buyers will be gone if the train moves on. I don't see any difference between grey market and retail customers.

[jfriedkin]

As a vintage collector, I have several vintage Pateks in the safe that I was never wearing. Recently purchased a 5167 to wear as a daily as I don't wear suits, manly jeans and t-shirts. The 5167 goes very well with that. It was hard for me to wear a 1950's yellow gold dress with jeans and a t-shirt.

A pre-owned RM came up at the right price and I did part with 3 vintage PP's (that I never wore) for the RM. I wear the RM all the time. Actually like it more than the 5167.

My feeling is that in this catogory, PP/AP/RM you buy what you like, and prices for all three brands are crazy, just ask my family...."you paid HOW MUCH for the watch?"

[AK797]

Originally Posted by OH2004

I believe Richard is a smart businessman (I don't know him personally just my guess). I think he would cut off the supply if there is a big downturn. The biggest risk is a trend change where celebrities and others that are enamored with the brand moves on.

Yes, guys like him and Biver are more dynamic types and can move when they feel the Heat around the corner.

[Fat_ninja]

Originally Posted by TJMike

What about Ninja's with more money that god?!

Originally Posted by GB-man

Got the wrong ninja guys.

[SpeedyTuomas]

No. But then again am not a millionaire playboy with popped bro collars.

[Fat_ninja]

Originally Posted by SpeedyTuomas

No. But then again am not a millionaire playboy with popped bro collars.

I’ve always wondered how those collars stayed up

[Fat_ninja]

Originally Posted by Ichiran

I troll you not. The whole bonbon collection, with the exception of RM 16-01 Réglisse (googled), is super! I wish I have the pay to afford these beauties!

I’m trying to take u seriously u know. But it’s not working

[somebodyy]

Aren't you the guy that puts a 5711 on children? Bonbon RM would match perfect with your supreme shirt, the louis v messenger bag and balenciaga shoes.

[MadSpaniard]

I'm certainly not an RM fan, personally (my opinion only) I find them straight-up fugly and can't help but think "glorified swatch" every time I see one, especially when considering what the gross margin must be on those things.

Regardless, I have to concede Mr. Mille has done a remarkable job from a business standpoint: RM may well be the ultimate textbook case of capturing every last drop of (massive) consumer surplus from price-no-object gotta-have-one buyers along the early and steep part of the demand curve. That sort of thing doesn't happen by accident. And that may be the real genius of RM.

On top of that, by accounts of people that have met him, Mr. Mille seems to be a pleasant guy. So clever business insight and instinct, and apparently cool guy as well... it's hard to argue with that. Again not my thing, but I'll give RM credit where it's due. They should teach this case in b-schools everywhere.

[Fat_ninja]

Originally Posted by somebodyy

Aren't you the guy that puts a 5711 on children? Bonbon RM would match perfect with your supreme shirt, the louis v messenger bag and balenciaga shoes.

You so silly...your facts are off...
.

[Daytonaman799]

I would never do that trade. It’s not for me and as far as value goes RM was one of those brands that depreciated 20/30% right after you bought it until recently. Then again so was PP and still is for certain models. The Nautilus hype and other hype will pass in time but I just love the design that much more.

[TJMike]

Originally Posted by Fat_ninja

You so silly...your facts are off...
.

You crossed a line when you bought Patek and RM for your kid and wife. Don't you know that buying overpriced mechanical jewelry is fine for us refined gentlemen, but buying such things for the one's we love (and the lesser sex at that) is a disgrace...

[PPFANBOY]

Rock both brands.
Ideally, if you are looking at RMs, you shouldn't have to trade your PP or any other watch for that matter.

Both are great brands for different reasons. People say RM doesn't have much heritage, which is no doubt true, instead, they bring innovation and a new design language, as well as a higher level of performance. I get that their watches can be divisive and not everybody likes them- but the same applies for PP or any other brand.

Most guys I know that have RMs, also have PPs, APs, Rolex watches and so on.

[WatchLurv]

I just want to add one to my collection just to say I own one. Sort of like a P-extension.