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Old 23 February 2018, 02:23 AM   #1
massi1234
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Nautilus and impossible waitlist / Tokyo / Hong Kong a possibility?

So I tried a few AD in London - not a single one would take you on the waiting list for 5711 or 5712. Went into all the central London stores plus the PP salon.

I phoned 5-6 in UK outside London - sames story.

As I am Italian - I also contacted 5-6 AD in Italy - outside the big cities - same stories - no one takes you on the waiting list.

Considering a pre-owned one - although prices are crazy high ... Visiting Hong Kong and Tokyo - wonder if it is cheaper there? Would they have better priced pre-owned? I assume impossible waitlists in those countries too?

Thanks for your thoughts...
M
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Old 23 February 2018, 04:46 AM   #2
tyler1980
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in london in particular, if you also have plans for other watches, you can get a 5712 after those reasonably quickly, probably not a 5711 for a long, long time though.

Some AD's don't even operate waitlists at all. Existing clients get the watches without exception.

Otherwise if its just one of those two watches, the secondary market is a better choice even with the crazy premiums as there isnt another option.
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Old 23 February 2018, 04:52 AM   #3
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With the premium at over 70% I'm not surprised the 5711 is not buyable for many now whatever the wait.
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Old 23 February 2018, 05:00 AM   #4
massi1234
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Looks like the 5712 is just as hard...

But wonder if Hong Tokyo and Tokyo are better options. Also going to Berlin / Rome / Bangkok / Seattle in the next few months...

Both new or pre-owned any easier there?
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Old 23 February 2018, 05:01 AM   #5
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in london in particular, if you also have plans for other watches, you can get a 5712 after those reasonably quickly, probably not a 5711 for a long, long time though.

Some AD's don't even operate waitlists at all. Existing clients get the watches without exception.

Otherwise if its just one of those two watches, the secondary market is a better choice even with the crazy premiums as there isnt another option.
Do you think 5712 is possible in London?
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Old 23 February 2018, 05:02 AM   #6
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Do you think 5712 is possible in London?
No, unless you buy other watches or know the AD's wife etc etc.
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Old 23 February 2018, 05:08 AM   #7
tyler1980
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No, unless you buy other watches or know the AD's wife etc etc.
yeah. If you have pans already for several watches its possible for sure. Dont buy watches you dont want just to get it though.
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Old 23 February 2018, 05:32 AM   #8
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Forget about Hong Kong,the Local AD won't take any waiting list for oversea buyer by order of PP Hong Kong office. Unless you have a Hong Kong local address and purchasing several non hot watches from the AD, then they may give you a chance for 5711a/5712a
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Old 23 February 2018, 05:34 AM   #9
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9 year wait in Tokyo with some up to 12 years.
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Old 23 February 2018, 05:39 AM   #10
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9 year wait in Tokyo with some up to 12 years.
9-12??? Insane
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Old 23 February 2018, 05:40 AM   #11
tyler1980
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9-12??? Insane
i have to keep repeating this because its too good. The hulk waitlist is 37.5 years at an AD in the UK. They offered to add some member yesterday. They get 4 per year and 150 people on the list... that is bad
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Old 23 February 2018, 05:42 AM   #12
Jones.nl
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Guys, what is the list price of the 5712, thanx
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Old 23 February 2018, 05:44 AM   #13
tyler1980
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Guys, what is the list price of the 5712, thanx
in USD $39873 as of March 1... https://www.rolexforums.com/showpost...16&postcount=1
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Old 23 February 2018, 05:46 AM   #14
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I wonder how many ADs really keep a waitlist that is more than 5 to 6 people long. At least one AD told me that he basically just tells people the list is more than 10 years long because it is nicer than saying "no" outright; most people when they hear the list is going to take years just shrug it off and don't persist.
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Old 23 February 2018, 05:47 AM   #15
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Stainless sports Rolex/Patek in Asia........makes the scene in UK/US look hopeful.....let's put it that way.
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Old 23 February 2018, 06:30 AM   #16
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So I tried a few AD in London - not a single one would take you on the waiting list for 5711 or 5712. Went into all the central London stores plus the PP salon.

I phoned 5-6 in UK outside London - sames story.

As I am Italian - I also contacted 5-6 AD in Italy - outside the big cities - same stories - no one takes you on the waiting list.

Considering a pre-owned one - although prices are crazy high ... Visiting Hong Kong and Tokyo - wonder if it is cheaper there? Would they have better priced pre-owned? I assume impossible waitlists in those countries too?

Thanks for your thoughts...
M
Some guy stated that in Tokyo a Pre-Owned 5711 recently went for $55.5k USD a few weeks ago. So I would think the inflated secondary price is worldwide.
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Old 23 February 2018, 06:41 AM   #17
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i have to keep repeating this because its too good. The hulk waitlist is 37.5 years at an AD in the UK. They offered to add some member yesterday. They get 4 per year and 150 people on the list... that is bad

Still better than what a Rolex AD near Manchester told me. I was told that they got over 100 people on the list for a Daytona and they get 2 Daytonas per year. The wait is over 50 years. However they would "consider" adding me to the list if a buy a PM Rolex at MSRP. I politely declined and told them that I was not going to live another 50 years.
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Old 23 February 2018, 06:44 AM   #18
tyler1980
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Still better than what a Rolex AD near Manchester told me. I was told that they got over 100 people on the list for a Daytona and they get 2 Daytonas per year. The wait is over 50 years. However they would "consider" adding me to the list if a buy a PM Rolex at MSRP. I politely declined and told them that I was not going to live another 50 years.
when you have to add waitlist info into estate planning decisions that is one step too far. Plus you need the AD to accommodate transferring the name to the next of kin otherwise they will never get it either. Do i add my kids to a waitlist now? My oldest is almost 5 but maybe by the time he has kids he will get his watch.
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Old 23 February 2018, 06:46 AM   #19
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Forget Hong Kong. You need to be a local and provide them with a business card. I was able to nudge in with one AD because I speak Cantonese and talked about my ties to Hong Kong. Whether I will actually be allocated one is an open question.

Tokyo will also be impossible. I've been told that ADs will only sell to locals, the waitlist is 10+ years at some, and despite that, you have to pay the full MSRP as a deposit which is non-refundable, but you will have to cover any price increases in the interim.

Pre-owned or grey prices are even more insane in HK/Tokyo. A member here reported a pre-owned 5711/1A being sold for 58.5K USD in Tokyo.
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Old 23 February 2018, 06:58 AM   #20
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Do you think 5712 is possible in London?
It is possible to get a 5712 in London. Building a relationship is the key. You will have to buy a Patek or 2 from the AD and once the AD knows that you don't flip watches for a profit they will get you the watches you want.
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Old 23 February 2018, 08:06 AM   #21
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Best chance is small AD’s but in big cities no way
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Old 23 February 2018, 09:32 AM   #22
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Some guy stated that in Tokyo a Pre-Owned 5711 recently went for $55.5k USD a few weeks ago. So I would think the inflated secondary price is worldwide.
It was $54.5k to be precise.

A quick check at a few Tokyo dealers at GR and TWC showed that price is now slightly above $54.5k.

And the Japanese do not haggle over listed price - please take note, OP, if you plan to shop at Tokyo.
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Old 23 February 2018, 09:34 AM   #23
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I wonder how many ADs really keep a waitlist that is more than 5 to 6 people long. At least one AD told me that he basically just tells people the list is more than 10 years long because it is nicer than saying "no" outright; most people when they hear the list is going to take years just shrug it off and don't persist.
I think once I hear the word "years" I'm already thinking no soup for me here.
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Old 23 February 2018, 09:45 AM   #24
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Japan is supee expensive also. I currently reside in Tokyo. No one will put you on the list tho
if you purchase another high ticket watch you may find yourself higher up the list.


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Old 23 February 2018, 09:47 AM   #25
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Forget Hong Kong. You need to be a local and provide them with a business card. I was able to nudge in with one AD because I speak Cantonese and talked about my ties to Hong Kong. Whether I will actually be allocated one is an open question.

Tokyo will also be impossible. I've been told that ADs will only sell to locals, the waitlist is 10+ years at some, and despite that, you have to pay the full MSRP as a deposit which is non-refundable, but you will have to cover any price increases in the interim.

Pre-owned or grey prices are even more insane in HK/Tokyo. A member here reported a pre-owned 5711/1A being sold for 58.5K USD in Tokyo.
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9 year wait in Tokyo with some up to 12 years.
This is madness. Maybe it's better to tell the buyer they won't sell them outright.
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Old 23 February 2018, 09:55 AM   #26
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This is madness. Maybe it's better to tell the buyer they won't sell them outright.
I think the best place in the world to buy a preowned 5711 now is at USA. The prices there are slightly lower and there are more pieces available.
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Old 23 February 2018, 07:22 PM   #27
massi1234
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Wow - thank you for the feedback!
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Old 23 February 2018, 07:22 PM   #28
massi1234
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Do we think the second hand market will crash ... or there is so much demand it will last for a few years....
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Old 23 February 2018, 07:24 PM   #29
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Wow, you can order the watch, commit manslaughter and get the watch as your present getting out of jail.
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Old 23 February 2018, 07:56 PM   #30
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I don't think buying a piece will help put you on the list either in some cases -
I recently bought a piece at the London salon and asked to be put on the 5712 list. They politely but insistently refused as it was too long. they said the alternatives are either look at the grey market, or go to wempe
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