If you had the cash would you buy a 5711?

[cascavel]

Originally Posted by bruinmd

I have the cash and the answer is no. Absolutely no way I'm paying over $20k above retail for it, or any watch.

So, Fat Ninja would pay $40K and you'd pay $50K. We're moving in the right direction, like an auction. Do I hear $60 thousand?

[Mike Jab]

I would pay maximum 113500 USD for a steel 5711 non-tiffany.

[Aquaman]

Originally Posted by Mike Jab

I would pay maximum 113500 USD for a steel 5711 non-tiffany.

I'm assuming less for a t stamp

[Flex368]

Originally Posted by timepieceluvr

MSRP or less only for watches and cars.

This.

[DennTs]

Originally Posted by fat_ninja

if u would underwrite the trade...i’d short the crap out of that :)

+1

[dmacintyre]

No. It’s not a question of the cost. I prefer to have a nice, memorable experience in the boutique, build a relationship directly with the brand, get access to new or difficult to find pieces and attend events, etc. Be part of the brand family, really.

Besides, paying a premium from a grey dealer just puts money in a flipper’s pockets and fuels the problem.

[Analysing You]

Originally Posted by Aquaman

I'm assuming less for a t stamp

You baked any more of those cakes yet?


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[Fat_ninja]

Originally Posted by dmacintyre

No. It’s not a question of the cost. I prefer to have a nice, memorable experience in the boutique, build a relationship directly with the brand, get access to new or difficult to find pieces and attend events, etc. Be part of the brand family, really.

.

As I read this. I just kept thinking of my friend Mercedes

[Humble michael]

Well, I have a 5711 white and it is one of my favorite pieces and gets the most wrist time.
Would I pay today’s prices? Sorry to tell you, if you have one ( I know you do Ninja, ha!) you are paying today’s grey price by not selling.I have the timepiece in one hand and the other hand is the market offering let’s say $50 k, if I refuse the market’s offer of $50 , I paid (didn’t receive my 50 offered for it) the market price for the pleasure of owning. As to what it is worth, we can postulate all day long about it not being worth more than x dollars but the market determines ( whether we agree with price being paid or not) the value. In short if you have one and don’t sell in honesty you have paid market price so my answer is yes to the question. :-)

[Bearxj86]

Originally Posted by james272

Well, I have a 5711 white and it is one of my favorite pieces and gets the most wrist time.

Would I pay today’s prices? Sorry to tell you, if you have one ( I know you do Ninja, ha!) you are paying today’s grey price by not selling.I have the timepiece in one hand and the other hand is the market offering let’s say $50 k, if I refuse the market’s offer of $50 , I paid (didn’t receive my 50 offered for it) the market price for the pleasure of owning. As to what it is worth, we can postulate all day long about it not being worth more than x dollars but the market determines ( whether we agree with price being paid or not) the value. In short if you have one and don’t sell in honesty you have paid market price so my answer is yes to the question. :-)

Truth. And I like blue. Blue blue blue

[Murcielagoboy2]

Man, that 5170p is just lovely even with those daft diamonds. Still lovely.

[V25V]

Originally Posted by james272

Well, I have a 5711 white and it is one of my favorite pieces and gets the most wrist time.
Would I pay today’s prices? Sorry to tell you, if you have one ( I know you do Ninja, ha!) you are paying today’s grey price by not selling.I have the timepiece in one hand and the other hand is the market offering let’s say $50 k, if I refuse the market’s offer of $50 , I paid (didn’t receive my 50 offered for it) the market price for the pleasure of owning. As to what it is worth, we can postulate all day long about it not being worth more than x dollars but the market determines ( whether we agree with price being paid or not) the value. In short if you have one and don’t sell in honesty you have paid market price so my answer is yes to the question. :-)

Im not following. If you bought one at MSRP and do not sell you are then paying market price? I dont get it

[Busyboy]

Originally Posted by james272

Well, I have a 5711 white and it is one of my favorite pieces and gets the most wrist time.
Would I pay today’s prices? Sorry to tell you, if you have one ( I know you do Ninja, ha!) you are paying today’s grey price by not selling.I have the timepiece in one hand and the other hand is the market offering let’s say $50 k, if I refuse the market’s offer of $50 , I paid (didn’t receive my 50 offered for it) the market price for the pleasure of owning. As to what it is worth, we can postulate all day long about it not being worth more than x dollars but the market determines ( whether we agree with price being paid or not) the value. In short if you have one and don’t sell in honesty you have paid market price so my answer is yes to the question. :-)

Very articulate
True, variation of truth, perspective... Overall, good point

[GoingPlaces]

I couldn't do it.

[Busyboy]

Originally Posted by V25V

Im not following. If you bought one at MSRP and do not sell you are then paying market price? I dont get it

Because you haven't sold it, youre £xxxxxx profit down.
Because you didn't take your money back, plus profit, in effect, you pay for the grey price

[V25V]

Originally Posted by Busyboy

Because you haven't sold it, youre £xxxxxx profit down.
Because you didn't take your money back, plus profit, in effect, you pay for the grey price

lol, i guess you could make that logic but reality is you haven't lost anything until you sell. So I may lose imaginary gains but my actual loss is zero and likely will always be zero.

[wulin]

Originally Posted by Busyboy

Because you haven't sold it, youre £xxxxxx profit down.
Because you didn't take your money back, plus profit, in effect, you pay for the grey price

Still better than actually paying the grey price to get one. There is still a huge difference.

[Mike Jab]

Originally Posted by james272

Well, I have a 5711 white and it is one of my favorite pieces and gets the most wrist time.
Would I pay today’s prices? Sorry to tell you, if you have one ( I know you do Ninja, ha!) you are paying today’s grey price by not selling.I have the timepiece in one hand and the other hand is the market offering let’s say $50 k, if I refuse the market’s offer of $50 , I paid (didn’t receive my 50 offered for it) the market price for the pleasure of owning. As to what it is worth, we can postulate all day long about it not being worth more than x dollars but the market determines ( whether we agree with price being paid or not) the value. In short if you have one and don’t sell in honesty you have paid market price so my answer is yes to the question. :-)

Nice philosophical post i must say, but no.
You would have paid the market price at the time, by still owning it you are not paying anything as it's a cost already incurred.
If i had paid 25k but the market price goes down to 10k, does that mean if i don't sell, I actually made money?:thi nking:

[AK797]

The idea of an unrealised profit might work on a stock or some non-tangible investment but you can't equate it to a luxury product that you can wear and enjoy, a false equivalency.

[Aquaman]

Originally Posted by AK797

The idea of an unrealised profit might work on a stock or some non-tangible investment but you can't equate it to a luxury product that you can wear and enjoy, a false equivalency.

Agreed my watches are only insured for face value, and I wear everyone of them

[Bearxj86]

Originally Posted by AK797

The idea of an unrealised profit might work on a stock or some non-tangible investment but you can't equate it to a luxury product that you can wear and enjoy, a false equivalency.

It’s the opportunity cost concept as well guys. Bottom line is you are a implicitly assigning a higher value to the watch than the cash value of the watch by keeping it. In other words it is worth more to you qualitatively or quantitatively or you would have sold it.



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[MadSpaniard]

Originally Posted by james272

Well, I have a 5711 white and it is one of my favorite pieces and gets the most wrist time.
Would I pay today’s prices? Sorry to tell you, if you have one ( I know you do Ninja, ha!) you are paying today’s grey price by not selling.I have the timepiece in one hand and the other hand is the market offering let’s say $50 k, if I refuse the market’s offer of $50 , I paid (didn’t receive my 50 offered for it) the market price for the pleasure of owning. As to what it is worth, we can postulate all day long about it not being worth more than x dollars but the market determines ( whether we agree with price being paid or not) the value. In short if you have one and don’t sell in honesty you have paid market price so my answer is yes to the question. :-)

Ah yes, it was just a matter of time before "opportunity cost" entered the fray. Management consultants of the world will be proud of you for cleverly weaving in that concept (as am I, a former McKinsey guy myself).

[Bearxj86]

Originally Posted by MadSpaniard

Ah yes, it was just a matter of time before "opportunity cost" entered the fray. Management consultants of the world will be proud of you for cleverly weaving in that concept (as am I, a former McKinsey guy myself).

[tom2517]

No, I have nothing against paying over retail for something I want but 5711 is not one of them.

[eco8gator]

It's not a 60k watch...much nicer options at that price point

[Aquaman]

Originally Posted by bearxj86

Truth. And I like blue. Blue blue blue

im gonna be honest only the 5170 looked blue in your pic, heads up the 5170p is all over the 5711 and 12

[V25V]

Originally Posted by Aquaman

im gonna be honest only the 5170 looked blue in your pic, heads up the 5170p is all over the 5711 and 12

Because the 5170 is the only one catching light from above since its faced in that direction....

[Aquaman]

Originally Posted by V25V

Because the 5170 is the only one catching light from above since its faced in that direction....

so bad pic then, mind u the 5711 and 12s aint that blue anyways

[V25V]

Originally Posted by Aquaman

so bad pic then, mind u the 5711 and 12s aint that blue anyways

I have a 12..... do not completely agree but ok.

[Aquaman]

Originally Posted by V25V

I have a 12..... do not completely agree but ok.

Look I find all. Blues meh until u see the 5740 or anniversary, only my opinion