ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

TimepieceRPP · 9 July 2021, 01:09 AM

https://hypebeast.com/2021/7/first-g...n-still-sealed

"Proving that estimates are always on the conservative side, Antiquorum has attached an estimated value of $60,000 – $120,000 USD to Lot 152, while two separate online listings recently suggested a price around $360,000 USD was not unrealistic."

Some previously suggested to sell it for 300-400K US

WatchtraderNY · 9 July 2021, 01:16 AM

Sent from my iPhone using Tapatalk

mjm700 · 9 July 2021, 02:48 AM

Wrong on so many levels

Sent from my iPhone using Tapatalk Pro

Partekular · 9 July 2021, 03:17 AM

Insane. There’s one born every minute!

Perhaps PP ought to suddenly ramp up production and screw the flippers? If they did that from time to time it might quieten down the market?

WatchingAustin · 9 July 2021, 03:20 AM

Could Patek scan the barcode off of the seal and figure out where the watch came from?

dauster · 9 July 2021, 03:57 AM

Quote:

Originally Posted by WatchingAustin

Could Patek scan the barcode off of the seal and figure out where the watch came from?

Im sure they could and maybe they will but we wont know either way and there will always be the next guy that doesnt want to lose out on 300k plus proft

TimepieceRPP · 9 July 2021, 04:18 AM

Quote:

Originally Posted by Partekular

Insane. There’s one born every minute!

Perhaps PP ought to suddenly ramp up production and screw the flippers? If they did that from time to time it might quieten down the market?

edhahn44 · 9 July 2021, 04:22 AM

Quote:

Originally Posted by mjm700

Wrong on so many levels

Sent from my iPhone using Tapatalk Pro

This

Sent from my iPhone using Tapatalk

77T · 9 July 2021, 04:30 AM

Quote:

Originally Posted by Partekular

Insane. There’s one born every minute!

Perhaps PP ought to suddenly ramp up production and screw the flippers? If they did that from time to time it might quieten down the market?

To what end? A strong secondary market doesn’t harm PP, it provides economic benefits to owners and the family continues to sell watches.

The dealer who may have violated policies wouldn’t be discovered that way, either.

I think PP HQ could send a rep to inspect the item per normal auction house procedures. A few quick photos could yield answers and appropriate questions for the dealer be sent via the distributor network.

Sent from my iPhone using Tapatalk Pro

Kittayos · 9 July 2021, 04:36 AM

Patekaholic has posted a certificate with a movement number on this particular piece. I’m sure Geneva is aware of this very well now. This may lead to a suspended license from an AD that sadly sold this piece in single sealed and now appears at the auction house.

Wahlberg · 9 July 2021, 05:03 AM

Easy 300k. I could see someone going 450-500k to be honest.

HMHM · 9 July 2021, 05:13 AM

Quote:

Originally Posted by Kittayos

Patekaholic has posted a certificate with a movement number on this particular piece. I’m sure Geneva is aware of this very well now. This may lead to a suspended license from an AD that sadly sold this piece in single sealed and now appears at the auction house.

Let’s see if they suspend the AD’s license for this. Would be keen to find out where this 5711 came from. Such a disappointment.
Come on Patek and TS, let’s see how much you care about the brand and its collectors which you often say you want to protect at all cost.

KBM · 9 July 2021, 05:15 AM

Keldw · 9 July 2021, 05:20 AM

Quote:

Originally Posted by Kittayos

Patekaholic has posted a certificate with a movement number on this particular piece. I’m sure Geneva is aware of this very well now. This may lead to a suspended license from an AD that sadly sold this piece in single sealed and now appears at the auction house.

They have literally posted it themselves

Sent from my iPhone using Tapatalk

PPcollector · 9 July 2021, 05:41 AM

According to Patekaholic…this is the SECOND sealed 5711 green dial. First one sold on secondary market was for a DOUBLE SEAL version…

mjm700 · 9 July 2021, 07:16 AM

Just to be clear, there is no reason for an AD to provide a customer with a sealed watch. Every time i purchase, the AD remove the wrapping and fills out the card.

Sent from my iPhone using Tapatalk Pro

Watchflair · 9 July 2021, 07:30 AM

Interesting to see what happens here - this is throwing it in Pateks face. I could see them taking serious action against the AD.

GreenLantern · 9 July 2021, 08:47 AM

Flippers gonna flip.

Haters gonna hate.

And I'm a hater.

watch-guy.com · 9 July 2021, 08:50 AM

ap1 · 9 July 2021, 08:53 AM

I don’t even get outer brown box

cascavel · 9 July 2021, 09:21 AM

Patek probably consigned this to Antiquorum themselves. What better way to stir up interest, do some price discovery and raise a bit of capital.

sgwatchguy · 9 July 2021, 09:40 AM

Quote:

Originally Posted by cascavel

patek probably consigned this to antiquorum themselves. What better way to stir up interest, do some price discovery and raise a bit of capital.

+1

GreenLantern · 9 July 2021, 09:46 AM

I doubt it.

Patek doesn't need to raise $400k.

Also, they don't need to care about secondary market price discovery. Trust me. They already know.

In fact, I wouldn't be surprised to see the auction is *won* by someone acting on behalf of Patek.

Patek is known for buying such pieces at auction to discover where they are sourced from.

kaiserphoenix · 9 July 2021, 09:46 AM

Quote:

Originally Posted by cascavel

Patek probably consigned this to Antiquorum themselves. What better way to stir up interest, do some price discovery and raise a bit of capital.

Thats true. Free marketing and promotion AND profit haha genius.

GreenLantern · 9 July 2021, 09:56 AM

No.

Patek is known for explicitly *not* doing that.

(AP is suspected of doing that in the past.)

PPcollector · 9 July 2021, 10:24 AM

Quote:

Originally Posted by GreenLantern

I doubt it.

Patek doesn't need to raise $400k.

Also, they don't need to care about secondary market price discovery. Trust me. They already know.

In fact, I wouldn't be surprised to see the auction is *won* by someone acting on behalf of Patek.

Patek is known for buying such pieces at auction to discover where they are sourced from.

Hmm…wouldn’t it be easier to just ask to see the Certificate of Origin prior to auction for discovery purposes in making sure the watch is what it says it is? Having to purchase the watch to see the name of the AD on the certificate seems like excessive unnecessary spending…JMHO

GreenLantern · 9 July 2021, 10:28 AM

Quote:

Originally Posted by PPcollector

Hmm…wouldn’t it be easier to just ask to see the Certificate of Origin prior to auction for discovery purposes in making sure the watch is what it says it is? Having to purchase the watch to see the name of the AD on the certificate seems like excessive unnecessary spending…JMHO

Perhaps.

But, I'm also aware that Patek sometimes likes to take things out of circulation.

dauster · 9 July 2021, 10:45 AM

I am still interested in this but idk why ?!?!?! how many threads and IG stories have been posted like this? this will never stop just like bill clinton would still be on epstein's plane if he didnt die.

TimepieceRPP · 9 July 2021, 10:58 AM

https://hypebeast.com/2021/7/thierry...elling-comment

Interesting response ��

martinr · 9 July 2021, 11:07 AM

I used to get them sealed all the time.

9 July 2021, 01:09 AM	#1
TimepieceRPP "TRF" Member Join Date: Jun 2021 Location: UK Posts: 1,107	First Green-Dialed Patek Philippe Nautilus Appears at Auction - Still Sealed https://hypebeast.com/2021/7/first-g...n-still-sealed "Proving that estimates are always on the conservative side, Antiquorum has attached an estimated value of $60,000 – $120,000 USD to Lot 152, while two separate online listings recently suggested a price around $360,000 USD was not unrealistic." Some previously suggested to sell it for 300-400K US

9 July 2021, 07:30 AM	#17
Watchflair 2024 ROLEX DATEJUST41 Pledge Member Join Date: May 2012 Real Name: Jim Location: Westchester NY Watch: 116500 116518LN Posts: 5,876	Interesting to see what happens here - this is throwing it in Pateks face. I could see them taking serious action against the AD. __________________ Remember what matters. Value everyday

9 July 2021, 08:50 AM	#19
watch-guy.com Banned Join Date: Aug 2006 Location: United States Posts: 501	patek is loving this. I would be surprised if any repercussion occur

9 July 2021, 01:16 AM	#2
WatchtraderNY 2024 Pledge Member Join Date: Jun 2021 Location: New York Watch: Rolex Posts: 338	Sent from my iPhone using Tapatalk

9 July 2021, 02:48 AM	#3
mjm700 "TRF" Member Join Date: Nov 2020 Location: US Posts: 373	Wrong on so many levels Sent from my iPhone using Tapatalk Pro

9 July 2021, 03:17 AM	#4
Partekular "TRF" Member Join Date: Sep 2020 Location: Scotland Posts: 435	Insane. There’s one born every minute! Perhaps PP ought to suddenly ramp up production and screw the flippers? If they did that from time to time it might quieten down the market?

9 July 2021, 03:20 AM	#5
WatchingAustin "TRF" Member Join Date: May 2016 Location: TX Watch: iwatch Posts: 376	Could Patek scan the barcode off of the seal and figure out where the watch came from?

9 July 2021, 04:36 AM	#10
Kittayos "TRF" Member Join Date: Aug 2013 Location: Bkk Posts: 309	Patekaholic has posted a certificate with a movement number on this particular piece. I’m sure Geneva is aware of this very well now. This may lead to a suspended license from an AD that sadly sold this piece in single sealed and now appears at the auction house.

9 July 2021, 05:03 AM	#11
Wahlberg "TRF" Member Join Date: Nov 2011 Location: Paris Posts: 3,536	Easy 300k. I could see someone going 450-500k to be honest.

9 July 2021, 05:15 AM	#13
KBM 2024 ROLEX DATEJUST41 Pledge Member Join Date: Jan 2010 Real Name: K. Location: 780 Posts: 10,390

9 July 2021, 07:16 AM	#16
mjm700 "TRF" Member Join Date: Nov 2020 Location: US Posts: 373	Just to be clear, there is no reason for an AD to provide a customer with a sealed watch. Every time i purchase, the AD remove the wrapping and fills out the card. Sent from my iPhone using Tapatalk Pro

9 July 2021, 08:47 AM	#18
GreenLantern "TRF" Member Join Date: Oct 2016 Location: Montana Posts: 3,223	Flippers gonna flip. Haters gonna hate. And I'm a hater.

9 July 2021, 08:53 AM	#20
ap1 2024 Pledge Member Join Date: Mar 2013 Location: usa Posts: 19,042	I don’t even get outer brown box

9 July 2021, 09:21 AM	#21
cascavel 2024 Pledge Member Join Date: Jul 2018 Location: Santa Fe Posts: 1,857	Patek probably consigned this to Antiquorum themselves. What better way to stir up interest, do some price discovery and raise a bit of capital.

9 July 2021, 09:46 AM	#23
GreenLantern "TRF" Member Join Date: Oct 2016 Location: Montana Posts: 3,223	I doubt it. Patek doesn't need to raise $400k. Also, they don't need to care about secondary market price discovery. Trust me. They already know. In fact, I wouldn't be surprised to see the auction is won by someone acting on behalf of Patek. Patek is known for buying such pieces at auction to discover where they are sourced from.

9 July 2021, 09:56 AM	#25
GreenLantern "TRF" Member Join Date: Oct 2016 Location: Montana Posts: 3,223	No. Patek is known for explicitly not doing that. (AP is suspected of doing that in the past.)

9 July 2021, 10:45 AM	#28
dauster "TRF" Member Join Date: Mar 2019 Location: San Francisco Posts: 2,864	I am still interested in this but idk why ?!?!?! how many threads and IG stories have been posted like this? this will never stop just like bill clinton would still be on epstein's plane if he didnt die.

9 July 2021, 10:58 AM	#29
TimepieceRPP "TRF" Member Join Date: Jun 2021 Location: UK Posts: 1,107	https://hypebeast.com/2021/7/thierry...elling-comment Interesting response ��

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)