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SL BRABUS · 1 January 2020, 03:01 PM

Quote:

Originally Posted by Fat_ninja

I’m trying really hard.

What..

...!!! Other way around bro......

You got all kind of Nautilus..... 1,2,3,4,5..... I lose count bro......

GB-man · 1 January 2020, 04:59 PM

I’ll take all bets the 5711 doesn’t hit 100k on the forums in 2020. ZFG what some jackoff at an auction pays on any given Sunday with premium.

Erson · 1 January 2020, 11:11 PM

Quote:

Originally Posted by martinr

Buying a 30K watch for 70K is insanity but it’s your money.

If ur money is limited buying 30kfor 70k is idiot.

70k get the 5980R or 5712R or 5990

Fat_ninja · 2 January 2020, 04:38 AM

Quote:

Originally Posted by SL BRABUS

What..

...!!! Other way around bro......

You got all kind of Nautilus..... 1,2,3,4,5..... I lose count bro......

Shhhh... lol

ts3 · 2 January 2020, 04:44 AM

Quote:

Originally Posted by Token74

You could well be right. What watches has that happened to previously?

Sent from my iPhone using Tapatalk

Not good in horological history, but I believe Franck Muller as a formerly hot brand became unfashionable (actually pretty much unwearable) quickly again, Panerai was all the rage and is not anymore, some JLC Master Compressors... I am sure there are much better examples.

ts3 · 2 January 2020, 04:44 AM

Quote:

Originally Posted by bearxj86

Not just “very nice” - da best. I’ve worn so many and it still is da best for me

I like it too and mine won't go anywhere no matter what.

ufboy73 · 2 January 2020, 08:57 AM

Quote:

Originally Posted by ts3

Not good in horological history, but I believe Franck Muller as a formerly hot brand became unfashionable (actually pretty much unwearable) quickly again, Panerai was all the rage and is not anymore, some JLC Master Compressors... I am sure there are much better examples.

Not sure if those are very analogous, to me...

Primary difference being those brand are, pretty much in their entirety, compromised - and never had the history, pedigree, allure that PP started with.

The Nautilus, as a model, may become less desirable - but there is floor because the brand, itself, is much stronger for much longer than any of those cited examples.

Its more akin to the pre-ceramic Daytona bubble and Rolex, to me. They stopped becoming impossible to get and trading at several times sticker price - but the bottom did not fall out (at least not compared to retail).

GB-man · 2 January 2020, 06:08 PM

The day I bought my 116600 (2015) they pulled a white dial 116520 Daytona out of the safe and offered it to me as a second time buyer. I did the math and it was about 1-2k cheaper online. They wouldn’t budge off sticker.

Even funnier the day after the 116500 was announced I called my Patek AD who also carries Rolex and they offered me the black and white 116520s from the safe. Of course I passed.

Only prior purchase history with that Patek dealer was buying you guessed it a 5711 white for a 5% discount from the case.

Things can return to sanity. Whether they will or not is anyone’s guess.

RHIII · 3 January 2020, 04:27 AM

While the 5711 is a great watch and in my top 5 it isn’t worth anywhere NEAR $70k. 15%-20% premium...ok...

I wish we could see ACTUAL realized cost statistics (which we never will) — as well as what dealers are buying them at...I suspect folks would be shocked.

pam66 · 3 January 2020, 05:25 AM

it is crazy that one can sell a simple 5711A and buy an FP Journe chronometer Rattrapante for the money earned with the 5711

GB-man · 3 January 2020, 05:01 PM

Quote:

Originally Posted by pam66

it is crazy that one can sell a simple 5711A and buy an FP Journe chronometer Rattrapante for the money earned with the 5711

Normally I love a bracelet on a sports piece but much like the 5960/1a it’s almost like the bracelet kills it. Still would love to try one on.

Fat_ninja · 3 January 2020, 11:18 PM

Quote:

Originally Posted by RHIII

While the 5711 is a great watch and in my top 5 it isn’t worth anywhere NEAR $70k. 15%-20% premium...ok...

I wish we could see ACTUAL realized cost statistics (which we never will) — as well as what dealers are buying them at...I suspect folks would be shocked.

Believe it or not...I agree with this. It’s not a $70k watch.

Bearxj86 · 4 January 2020, 01:59 AM

Quote:

Originally Posted by Fat_ninja

Believe it or not...I agree with this. It’s not a $70k watch.

The question is...is the Paul Newman Daytona worth $200k....its a simple steel chrono too :)

RHIII · 4 January 2020, 02:10 AM

Quote:

Originally Posted by bearxj86

The question is...is the Paul Newman Daytona worth $200k....its a simple steel chrono too :)

True, true.....but it’s no longer in production....

200k...not sure...probably not; however, I tend to think of these similarly (not exact) to very old vintage Bordeaux, Burgudy etc.... how many “original” or “well preserved” examples are still out there?

GreenLantern · 4 January 2020, 04:35 PM

Quote:

Originally Posted by RHIII

While the 5711 is a great watch and in my top 5 it isn’t worth anywhere NEAR $70k. 15%-20% premium...ok...

I wish we could see ACTUAL realized cost statistics (which we never will) — as well as what dealers are buying them at...I suspect folks would be shocked.

Quote:

Originally Posted by Fat_ninja

Believe it or not...I agree with this. It’s not a $70k watch.

What's crazy is the market premium differential between the Blue dial and the White dial 5711/1A.

In list price terms, I'm seeing an $18k - $20k differential.

That's insanity.

locutus49 · 4 January 2020, 05:01 PM

And especially since IMO the white dial 5711 is the more attractive model (and blue is my favorite color).

Quote:

Originally Posted by GreenLantern

What's crazy is the market premium differential between the Blue dial and the White dial 5711/1A.

In list price terms, I'm seeing an $18k - $20k differential.

That's insanity.

EdwardC · 4 January 2020, 05:35 PM

Quote:

Originally Posted by martinr

Buying a 30K watch for 70K is insanity but it’s your money.

Still a valid point. Predicting watches values is like predicting stocks.

RHIII · 5 January 2020, 01:17 AM

Quote:

Originally Posted by GreenLantern

What's crazy is the market premium differential between the Blue dial and the White dial 5711/1A.

In list price terms, I'm seeing an $18k - $20k differential.

That's insanity.

Agree. Both great watches - just some proof that “hype” is definitely a driver in the perceived market valuations of certain references...

I still wonder what the median sale price is for the blue dial in the secondary market.

Ichiran · 5 January 2020, 08:11 PM

Not sure David has read this thread, but he has just listed an unworn 5711 for 72,875.

pam66 · 5 January 2020, 08:49 PM

Quote:

Originally Posted by bearxj86

The question is...is the Paul Newman Daytona worth $200k....its a simple steel chrono too :)

Ellen DeGeneres just bought a daytona for 750K USD

RussW · 5 January 2020, 09:51 PM

Quote:

Originally Posted by Ichiran

Not sure David has read this thread, but he has just listed an unworn 5711 for 72,875.

Is that up or down on his previous prices?

Ichiran · 5 January 2020, 10:00 PM

Quote:

Originally Posted by RussW

Is that up or down on his previous prices?

I saw he has an earlier listing in Aug 2019 for a 2011 blue at $68,975, now sold.

It's hard to say whether it has moved up or down, given there is a slight price difference but 8 years' gap.

RussW · 5 January 2020, 10:38 PM

Quote:

Originally Posted by Ichiran

I saw he has an earlier listing in Aug 2019 for a 2011 blue at $68,975, now sold.

It's hard to say whether it has moved up or down, given there is a slight price difference but 8 years' gap.

I think that’s probably down.

The Argonaut · 7 January 2020, 10:34 AM

Quote:

Originally Posted by Ichiran

Not sure David has read this thread, but he has just listed an unworn 5711 for 72,875.

Yes, I noted that too. I wonder how quickly that will shift? Like others, I'd be hugely interested to know the average sale price of grey 5711s. We'll likely never know.

V25V · 7 January 2020, 10:45 AM

Quote:

Originally Posted by The Argonaut

Yes, I noted that too. I wonder how quickly that will shift? Like others, I'd be hugely interested to know the average sale price of grey 5711s. We'll likely never know.

I cannot imagine many sell for those prices. What are they paying buyers for them? 60k? 50k? Less? They have plenty of wiggle room and everyone makes money.

Sent from my iPhone using Tapatalk Pro

BigAppleBill · 7 January 2020, 11:27 AM

Quote:

Originally Posted by Ichiran

Not sure David has read this thread, but he has just listed an unworn 5711 for 72,875.

That’s a new 5711 with the updated 26-330 S C movement, which are selling for a premium over the older 5711 with the 324 S C movement. The newer movement has a hacking seconds feature.

The older 5711 models can be found for an asking price in the low $60Ks for the blue dial and low $50Ks for the white dial.

The Argonaut · 7 January 2020, 12:54 PM

Quote:

Originally Posted by V25V

I cannot imagine many sell for those prices. What are they paying buyers for them? 60k? 50k? Less? They have plenty of wiggle room and everyone makes money.

Sent from my iPhone using Tapatalk Pro

Absolutely. I imagine the final sale prices of grey 5711s vary quite a bit.

Bearxj86 · 21 January 2021, 02:30 AM

This thread has aged well.

Mrngrz46 · 21 January 2021, 08:12 AM

Quote:

Originally Posted by BigAppleBill

That’s a new 5711 with the updated 26-330 S C movement, which are selling for a premium over the older 5711 with the 324 S C movement. The newer movement has a hacking seconds feature.

The older 5711 models can be found for an asking price in the low $60Ks for the blue dial and low $50Ks for the white dial.

Let's prepare the popcorn after the patekholic rumours will be confirmed...

Who needs a rocket to Mars? 5711 1A will provide that

azizu · 21 January 2021, 08:26 AM

everyone is lined up to buy 5711s and offering six figures.
and everyone is lining up at the ADs and putting there names on the new 6711 list
glad i have my 5712 before the carnage starts

1 January 2020, 04:59 PM	#62
GB-man 2024 Pledge Member Join Date: Nov 2012 Location: USA Watch: addiction issues Posts: 36,856	I’ll take all bets the 5711 doesn’t hit 100k on the forums in 2020. ZFG what some jackoff at an auction pays on any given Sunday with premium. __________________

2 January 2020, 06:08 PM	#68
GB-man 2024 Pledge Member Join Date: Nov 2012 Location: USA Watch: addiction issues Posts: 36,856	The day I bought my 116600 (2015) they pulled a white dial 116520 Daytona out of the safe and offered it to me as a second time buyer. I did the math and it was about 1-2k cheaper online. They wouldn’t budge off sticker. Even funnier the day after the 116500 was announced I called my Patek AD who also carries Rolex and they offered me the black and white 116520s from the safe. Of course I passed. Only prior purchase history with that Patek dealer was buying you guessed it a 5711 white for a 5% discount from the case. Things can return to sanity. Whether they will or not is anyone’s guess. __________________

21 January 2021, 08:26 AM	#90
azizu "TRF" Member Join Date: Aug 2020 Location: Saudi Arabia Watch: Patek 3700/11AJ Posts: 717	everyone is lined up to buy 5711s and offering six figures. and everyone is lining up at the ADs and putting there names on the new 6711 list glad i have my 5712 before the carnage starts __________________ Current Collection: PP 3700/11AJ, PP 5170G, PP 5320G, PP 5712/1A, APRO 15500, Rolex 116234, Rolex GMT Master2 BLNR, Omega SMP, Baume & Mercier M0A10280

3 January 2020, 04:27 AM	#69
RHIII Member Join Date: Jul 2014 Real Name: Roger Location: ... Watch: AP/Rolex/PP Posts: 6,309	While the 5711 is a great watch and in my top 5 it isn’t worth anywhere NEAR $70k. 15%-20% premium...ok... I wish we could see ACTUAL realized cost statistics (which we never will) — as well as what dealers are buying them at...I suspect folks would be shocked.

3 January 2020, 05:25 AM	#70
pam66 "TRF" Member Join Date: May 2017 Location: cambridge Posts: 2,256	it is crazy that one can sell a simple 5711A and buy an FP Journe chronometer Rattrapante for the money earned with the 5711

5 January 2020, 08:11 PM	#79
Ichiran 2024 Pledge Member Join Date: Jan 2018 Real Name: Michael Location: Dotonbori Watch: Mostly blue dials Posts: 7,598	Not sure David has read this thread, but he has just listed an unworn 5711 for 72,875.

21 January 2021, 02:30 AM	#88
Bearxj86 "TRF" Member Join Date: Jun 2017 Location: Los Angeles Watch: 3970 Posts: 3,800	This thread has aged well.

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