Help me Decide

[LJubel328]

After a couple of threads and fellow members showcasing their new 5170p acquisitions, I have decided to get the community's input on my dilemma. I have been eyeing the 5170p since I tried it on earlier this year and instantly fell in love; however, have been toying with the idea of purchasing a 116506 (not sure whether the regular or diamond baguette version, yet). Both are in the 80k ballpark and I am having difficulty deciding on which one.

My collection currently includes primarily Rolex.

Vintage Rolex: 1680 red mk iv and 1675 fuchsia
Modern Rolex: 116500 (black), 116508, 126719blro, 12600 (turquiose)
Patek: 5172g
Cartier: Tank Louis

I want to build out my Patek collection more, but the only current offering from Patek that I am drawn to is the 5370p. I have requested this from my AD and they have submitted an application on my behalf, but no guarantees yet. That brings me back to the question at hand, build out my Patek collection and acquire a 5170p on the secondary market or deepen my Rolex collection with the purchase of a 116506. I believe the 5170p will only increase in value from here on out, while the 116506 will most likely be available for the foreseeable future. Two completely different beasts that I am clearly having a lot of difficulties choosing between.

If I were to purchase the 5170p, I would probably sell the 5172g or 1675 fuchsia.

Let's hear your guys' thoughts!

[ap1]

Those are two amazing watches, I can’t decide. No help here.

[nyc2la]

Add the 116506 and the 5170p. Sell the 5172g

[myporsche]

The Rolex side is very strong and well done, add the to Patek side, the 5170P is stunning and like no other Patek, it is beginning to look like a future collectible but it's not too late to jump on it.

[kneedeep]

Keep the vintage Rolex. Sell 5172G and 116500 black. Add the 5170P first. Later add the Platona when you decide which dial you prefer.

[myporsche]

Originally Posted by kneedeep

Keep the vintage Rolex. Sell 5172G and 116500 black. Add the 5170P first. Later add the Platona when you decide which dial you prefer.

Good advice - selling a 116500, especially if you paid retail somehow, towards a platinum Daytona is sound advice.

[mongrelnomoad]

Well the 5370 is one of my favourite watches by anyone, at any price, so it'd definitely be my choice. That said, the Platona's pretty special in its own way. Your collection already covers all the bases (as in: there's a watch there for any situation), so it's really at your discretion. You can't go wrong...

[LJubel328]

Originally Posted by kneedeep

Keep the vintage Rolex. Sell 5172G and 116500 black. Add the 5170P first. Later add the Platona when you decide which dial you prefer.

Originally Posted by myporsche

Good advice - selling a 116500, especially if you paid retail somehow, towards a platinum Daytona is sound advice.

It would be hard for me to depart with the 116500. I love it and it's become my daily wearer. I did pay retail and realize this reference would give me the largest return but I don't think I could do it. After typing this it is hard to think I could profit close to 20k.

Originally Posted by mongrelnomoad

Well the 5370 is one of my favourite watches by anyone, at any price, so it'd definitely be my choice. That said, the Platona's pretty special in its own way. Your collection already covers all the bases (as in: there's a watch there for any situation), so it's really at your discretion. You can't go wrong...

Thank you for the comment and compliment. I really hope to have both the 5170p and 5370p in my collection at some point. Both of them are very special pieces, though it would be a lot of blue in a collection

[Passionata]

5170p~>5170p~>5170p

[cascavel]

Buy the 5170P and if your AD calls to let you know that your 5370p has arrived, then you can fool around with what watches you want to deaccession, assuming you even need to.

[AK797]

Originally Posted by LJubel328

It would be hard for me to depart with the 116500. I love it and it's become my daily wearer. I did pay retail and realize this reference would give me the largest return but I don't think I could do it. After typing this it is hard to think I could profit close to 20k.



Thank you for the comment and compliment. I really hope to have both the 5170p and 5370p in my collection at some point. Both of them are very special pieces, though it would be a lot of blue in a collection

I think your aim should be to add these two eventually.

[2nastie]

I’ll take the 5170P over the Platona everyday. The 116506 a special watch because of the case metal vs being a Daytona (which you have 2 others already). I’m not the one to duplicate watches just for material (metal) differences. The SS is the one to keep on the Daytona.

The 5170p is an all around beautiful watch.

[Calatrava r]

If the 5172G is from the AD, I would not sell it while your making applications for allocated pieces.

[Russell996]

Originally Posted by LJubel328

It would be hard for me to depart with the 116500. I love it and it's become my daily wearer. I did pay retail and realize this reference would give me the largest return but I don't think I could do it. After typing this it is hard to think I could profit close to 20k.



Thank you for the comment and compliment. I really hope to have both the 5170p and 5370p in my collection at some point. Both of them are very special pieces, though it would be a lot of blue in a collection

Why not go secondary for a black dial 5370P and also get the 5170P both for the price of a new 5370P blue. The 5370P is currently an amazing used bargain which won’t last.

[sensui]

Being an owner of both and after counseling a dear friend (that will eventually chime in here I'm sure)....I can tell you they are very different watches. the 5170p is definitely very versatile albeit on the dressier side....amazingly beautiful.....but the platona is special IMO....there isn't another sports watch that has that kind of presence for the size that I know of....and it's just something you can assure yourself with whenever you want because you notice the weight when you put it on and then it seamlessly disappears in seconds unless you try feeling for it on your wrist. I myself couldn't get the sunburst glacier blue/brown out of my head after I first saw it (despite sticker shock haha 1st time). The 5170p's dial is beautiful also but in a very different way.....it's far more subtle....even with the diamond baguettes.

[Murcielagoboy2]

Originally Posted by Russell996

Why not go secondary for a black dial 5370P and also get the 5170P both for the price of a new 5370P blue. The 5370P is currently an amazing used bargain which won’t last.

Agree with this 1000000000000%. Both absolutely superb watches.

(Damn I really want a 5370p)

[ragsk]

The 5370P is truly beautiful with that black enamel dial. I don’t like it as much with the blue dial tbh. Much more elegant in the black.

I have been debating the 5170P. I have been thinking about it versus the 5270R. Would have considered the 5270P but I can’t see myself using the salmon dial as much. The 5270R just seems like such a lot of watch for the money.

To the OP, dropping £70k on a Daytona is too much money imho. I like you have a few Daytona’s and I wear the steel versions the most. I don’t think owning the Platona would add a whole lot. Lovely watch but can be had for £10k in a different material that actually looks quite similar.

[LJubel328]

Originally Posted by Russell996

Why not go secondary for a black dial 5370P and also get the 5170P both for the price of a new 5370P blue. The 5370P is currently an amazing used bargain which won’t last.

Your pics of your 5370p has always enticed me to go the 001 route as opposed to the newer version. You always capture it perfectly in the light. I agree with you 100% that the secondary price does not reflect the true elegance of the 5370p. If I am not allocated one of the 5370-011’s I will look at purchasing a 001.

Originally Posted by sensui

Being an owner of both and after counseling a dear friend (that will eventually chime in here I'm sure)....I can tell you they are very different watches. the 5170p is definitely very versatile albeit on the dressier side....amazingly beautiful.....but the platona is special IMO....there isn't another sports watch that has that kind of presence for the size that I know of....and it's just something you can assure yourself with whenever you want because you notice the weight when you put it on and then it seamlessly disappears in seconds unless you try feeling for it on your wrist. I myself couldn't get the sunburst glacier blue/brown out of my head after I first saw it (despite sticker shock haha 1st time). The 5170p's dial is beautiful also but in a very different way.....it's far more subtle....even with the diamond baguettes.

Originally Posted by ragsk

The 5370P is truly beautiful with that black enamel dial. I don’t like it as much with the blue dial tbh. Much more elegant in the black.

I have been debating the 5170P. I have been thinking about it versus the 5270R. Would have considered the 5270P but I can’t see myself using the salmon dial as much. The 5270R just seems like such a lot of watch for the money.

To the OP, dropping £70k on a Daytona is too much money imho. I like you have a few Daytona’s and I wear the steel versions the most. I don’t think owning the Platona would add a whole lot. Lovely watch but can be had for £10k in a different material that actually looks quite similar.

Thank you all for the comments. The platona is certainly a stunning watch (that I’ve only had the pleasure of seeing in photos) but I feel it will be more accessible in the future than sourcing a 5170p. Nor do I see the 116506 trading significantly higher than retail while the 5170p has more room to appreciate.

So now comes another question. An AD I know of has a used 5170p currently. I viewed it back in September but held off. I reached out again today and it is still available (I believe it has been sitting for quite some time now). So my question for you all is what do you think this is worth in its current condition? I apologize for the lack of quality photos, I can not upload the video of it and had to resort to screenshots. (I am also doing this from my phone.) I will not give my opinion as I want unbiased opinions. There asking price is $77.5. Another member posted a 5170p incoming two weeks ago or which he purchased unworn for $79. Now, let’s hear your thoughts on value!

[Murcielagoboy2]

Originally Posted by LJubel328

Your pics of your 5370p has always enticed me to go the 001 route as opposed to the newer version. You always capture it perfectly in the light. I agree with you 100% that the secondary price does not reflect the true elegance of the 5370p. If I am not allocated one of the 5370-011’s I will look at purchasing a 001.






Thank you all for the comments. The platona is certainly a stunning watch (that I’ve only had the pleasure of seeing in photos) but I feel it will be more accessible in the future than sourcing a 5170p. Nor do I see the 116506 trading significantly higher than retail while the 5170p has more room to appreciate.

So now comes another question. An AD I know of has a used 5170p currently. I viewed it back in September but held off. I reached out again today and it is still available (I believe it has been sitting for quite some time now). So my question for you all is what do you think this is worth in its current condition? I apologize for the lack of quality photos, I can not upload the video of it and had to resort to screenshots. (I am also doing this from my phone.) I will not give my opinion as I want unbiased opinions. There asking price is $77.5. Another member posted a 5170p incoming two weeks ago or which he purchased unworn for $79. Now, let’s hear your thoughts on value!

I'm in agreement with you that, over time, the 5170P will get a lot of love from collectors and will gradually climb. I can't advise on prices in the USA, but I will advise on my on personal philosophy which is, "it's so much money, it needs to be perfect"

What I mean by that is, if you're spending $80,000 on a watch (which, in the real world is utterly ridiculous), you're at the level where a few thousand bucks either way doesn't normally make any difference. So if you can buy an unworn one, and it costs a bit more, do it. At least then you have ZERO worries about condition, scratches on case, wear on strap etc.
The one that's been pictured looks a little marked no? Or do my eyes deceive me? Of course, after inspection, if it's perfect, then go ahead... I do not think the Platona (which is a beautifully designed watch, like most Rolexes) is comparable.

Good luck on 5370! Let us know if you secure one!

[azizu]

i would keep the 5172 because you already paid for it and you have the first release of that reference (i believe the most collectable watches are the first and last release of a certain reference).
i agree with you to let go some Rolexs to free some capital if that is neccessary to complete your next purchase.
i would get the 5370 since its a complication that you don't have. or would save more and extend my budget to the 5204R

[myporsche]

Originally Posted by LJubel328

Your pics of your 5370p has always enticed me to go the 001 route as opposed to the newer version. You always capture it perfectly in the light. I agree with you 100% that the secondary price does not reflect the true elegance of the 5370p. If I am not allocated one of the 5370-011’s I will look at purchasing a 001.






Thank you all for the comments. The platona is certainly a stunning watch (that I’ve only had the pleasure of seeing in photos) but I feel it will be more accessible in the future than sourcing a 5170p. Nor do I see the 116506 trading significantly higher than retail while the 5170p has more room to appreciate.

So now comes another question. An AD I know of has a used 5170p currently. I viewed it back in September but held off. I reached out again today and it is still available (I believe it has been sitting for quite some time now). So my question for you all is what do you think this is worth in its current condition? I apologize for the lack of quality photos, I can not upload the video of it and had to resort to screenshots. (I am also doing this from my phone.) I will not give my opinion as I want unbiased opinions. There asking price is $77.5. Another member posted a 5170p incoming two weeks ago or which he purchased unworn for $79. Now, let’s hear your thoughts on value!

I say go for it, a couple grand should not keep someone from their dream watch at this level so price is this scenario is irrelevant, deal seems fine and you know what you want.

[myporsche]

Originally Posted by LJubel328

It would be hard for me to depart with the 116500. I love it and it's become my daily wearer. I did pay retail and realize this reference would give me the largest return but I don't think I could do it. After typing this it is hard to think I could profit close to 20k.



Thank you for the comment and compliment. I really hope to have both the 5170p and 5370p in my collection at some point. Both of them are very special pieces, though it would be a lot of blue in a collection

Your Platona can be your daily wearer instead of the SS one, I don't see why you would want to go back after having such an amazing PM and yet still relatively under the radar watch. My take is if your gonna move up to PM and especially Platinum, you gotta rock it and enjoy it, even daily. Of course if you can afford both by all means, but I prefer not to have more than one of a certain model.

[ragsk]

Originally Posted by LJubel328

Thank you all for the comments. The platona is certainly a stunning watch (that I’ve only had the pleasure of seeing in photos) but I feel it will be more accessible in the future than sourcing a 5170p. Nor do I see the 116506 trading significantly higher than retail while the 5170p has more room to appreciate.

BTW I wouldn't bet on the Platona not going up. Prices have been increasing a lot recently........its trading above retail already and if it gets discontinued (?) at some point it may go up further still.

[Ichiran]

I will probably skip the 5170p if my AD is going to deliver the 5370p in the near future. I do love the 5170p but the 5370p is on a different level, and I don't think I will wear the 5170p much if I have the blue 5370p in my watchbox.

I will add the 5270p, which is quite different from the watches in your current collection and 5370p. I think a PCC is so Patek, from a historical and brand perspective.

[LJubel328]

Originally Posted by Murcielagoboy2

I'm in agreement with you that, over time, the 5170P will get a lot of love from collectors and will gradually climb. I can't advise on prices in the USA, but I will advise on my on personal philosophy which is, "it's so much money, it needs to be perfect"

What I mean by that is, if you're spending $80,000 on a watch (which, in the real world is utterly ridiculous), you're at the level where a few thousand bucks either way doesn't normally make any difference. So if you can buy an unworn one, and it costs a bit more, do it. At least then you have ZERO worries about condition, scratches on case, wear on strap etc.
The one that's been pictured looks a little marked no? Or do my eyes deceive me? Of course, after inspection, if it's perfect, then go ahead... I do not think the Platona (which is a beautifully designed watch, like most Rolexes) is comparable.

Good luck on 5370! Let us know if you secure one!

Could not agree with you more. You are right in that there are marks on it (which was the reason why I originally passed on it back in September). I worry that if I pass on this one I may miss my opportunity, but also I know those scratches will bother me.

Originally Posted by ragsk

BTW I wouldn't bet on the Platona not going up. Prices have been increasing a lot recently........its trading above retail already and if it gets discontinued (?) at some point it may go up further still.

I would be quite surprised if it moved much more, but then again who would have thought they'd be trading at list price a few years ago when they could be easily had in the 50s. Never say never, right?

Originally Posted by Ichiran

I will probably skip the 5170p if my AD is going to deliver the 5370p in the near future. I do love the 5170p but the 5370p is on a different level, and I don't think I will wear the 5170p much if I have the blue 5370p in my watchbox.

I will add the 5270p, which is quite different from the watches in your current collection and 5370p. I think a PCC is so Patek, from a historical and brand perspective.

I think this is sound advice. Though it would be nice to open up the watchbox and see both sitting side-by-side

I passed on the 5270p back in February and still kicking myself; however, if I had to choose between the 5270 and 5370 I would reach for the 5370 every day. I know it would get much more wrist time. Maybe it best to secure a mint condition/unworn 5170p, and if I am then allocated a 5370p I can choose to offload the 5170p if I so choose.

[aj_tucker]

Some thoughts after 1 month of the 5170P, mostly reasons why I don't really wear it:

- It's COVID times in NYC, things are casual and I'd rather wear a Rolex that I don't mind getting knocked around. The 5170P is a big boy watch (albeit a smaller boy than the 5370P!). Wearing a diamond-studded Patek around the house while I'm lounging, working, cooking, etc. seems silly.
- Knowing it has investment value, it doesn't make sense to wear and know that the slightest scratch causes a reduction in value. The watch shown in this thread with minimal wear is a steal at $77.5. But, Patek buyers are a different beast and want perfection - any marks make for harder sales and lower costs. Perfection means - don't wear it.
- I prefer lighter tones, personally. Dark watches are just not as sexy to me.

I think the perfect watch would have been a 5170 with an uninterrupted tachymetre scale (like the 5170P) and breguet numbers (like the Gs). The 5370P is too big and too costly unless you're big wristed and very wealthy, neither of which I am.

In the end, I don't think the 5170P will live long in my collection - not because it's not a great watch, but more because cost does matter to me and I think with watches, you truly can't care about the money to get enjoyment out of it.

[ts3]

Originally Posted by aj_tucker

Some thoughts after 1 month of the 5170P, mostly reasons why I don't really wear it:

- It's COVID times in NYC, things are casual and I'd rather wear a Rolex that I don't mind getting knocked around. The 5170P is a big boy watch (albeit a smaller boy than the 5370P!). Wearing a diamond-studded Patek around the house while I'm lounging, working, cooking, etc. seems silly.
- Knowing it has investment value, it doesn't make sense to wear and know that the slightest scratch causes a reduction in value. The watch shown in this thread with minimal wear is a steal at $77.5. But, Patek buyers are a different beast and want perfection - any marks make for harder sales and lower costs. Perfection means - don't wear it.
- I prefer lighter tones, personally. Dark watches are just not as sexy to me.

I think the perfect watch would have been a 5170 with an uninterrupted tachymetre scale (like the 5170P) and breguet numbers (like the Gs). The 5370P is too big and too costly unless you're big wristed and very wealthy, neither of which I am.

In the end, I don't think the 5170P will live long in my collection - not because it's not a great watch, but more because cost does matter to me and I think with watches, you truly can't care about the money to get enjoyment out of it.

Interesting thoughts. I still think you should give it some time. Little to lose IMO as long as you don't get it banged up.

When I got a 5711 a few years ago I felt similarly and hardly wore it for a year or so. My 3998P continued to get much more wrist time. Also slightly disappointed by the 5711 initially as I kept comparing it to that gorgeous full set 3700 that I had missed out on earlier (back then at some EUR 35k including cork box and certificate). While the 5711 is a great watch it is just not the OG.

Fast forward and these days I am happily wearing the 5711 and quite a lot too. It just took some time getting used to it.

[nick43]

Definitely 116500. But I do like the green dial on the 116508.

[bob101]

Originally Posted by aj_tucker

Some thoughts after 1 month of the 5170P, mostly reasons why I don't really wear it:

- It's COVID times in NYC, things are casual and I'd rather wear a Rolex that I don't mind getting knocked around. The 5170P is a big boy watch (albeit a smaller boy than the 5370P!). Wearing a diamond-studded Patek around the house while I'm lounging, working, cooking, etc. seems silly.
- Knowing it has investment value, it doesn't make sense to wear and know that the slightest scratch causes a reduction in value. The watch shown in this thread with minimal wear is a steal at $77.5. But, Patek buyers are a different beast and want perfection - any marks make for harder sales and lower costs. Perfection means - don't wear it.
- I prefer lighter tones, personally. Dark watches are just not as sexy to me.

I think the perfect watch would have been a 5170 with an uninterrupted tachymetre scale (like the 5170P) and breguet numbers (like the Gs). The 5370P is too big and too costly unless you're big wristed and very wealthy, neither of which I am.

In the end, I don't think the 5170P will live long in my collection - not because it's not a great watch, but more because cost does matter to me and I think with watches, you truly can't care about the money to get enjoyment out of it.

That’s a shame you’re not wearing it. I would just wear it as much as possible and if want to sell somewhere down the line I wouldn’t be concerned with a few scratches. Just get it serviced and easy to touch up any hairlines on a platinum watch. Plus buyer will appreciate new warranty on the piece.
Get it on and enjoy :)

[azizu]

Definitely I would suggest strengthening your Patek Philippe collection. The 5370 would be more valuable than 5170 and 5172 combined. If you have the means to buy then definitely go for it


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