What's In A Name

[PatekSF]

Only $20K??? I would think that your savings on the secondary market could be upwards of $45k, by the time you factor-in MSRP + sales tax (nearly 9%).

With that dollar difference, you could purchase another PP (5164?) or a reference for your spouse.

The delta is just too great to be that mad at your wallet. In addition, if you plan on passing it down, your son or grandson probably won't give a hoot as to the name on the certificate.

[sachit]

With your name on it.


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[pp5575]

I want have my name on the paper.

May I ask how much you will pay for new, other name or mint condition?

[Passionata]

Originally Posted by Marciano490

Depends, do you have one for sale and what's your last name?

Jokes aside - yes.

If you just want it to have your name on it I wouldn t worry too much and take a preowned however a 5270 is a great entry to build a relationship with an AD and you may will benefit in your future purchases ,most likely that 20k could be narrowed if you have a talk with an AD .

[AK797]

Originally Posted by Marciano490

Just keep sending my wives to the Tower of London until I have a boy.

Do you know how much rent is in prime EC1 these days?

As you haven't got any kids, your post implied you did but didn't yet have grandkids, then you are further removed from this being a legacy piece than I thought so maybe the head should do the thinking.

[ap1]

I'd probably pay up for name / papers and still sell it 2-3 years later.

[jschmidtdmd]

Originally Posted by ap1

i'd probably pay up for name / papers and still sell it 2-3 years later.

exactly

[LitzDoc]

Keep the $20 K and put it in an index fund. Then in 25 years your heirs can use that money and buy another 5270P or a house in a nice neighborhood.


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[Marciano490]

Originally Posted by pp5575

I want have my name on the paper.

May I ask how much you will pay for new, other name or mint condition?

New is between 110-115. Sealed with another name or used is around 95!

[martinr]

If you can buy a sealed 5270R for around 95K do it, you would be crazy not to buy at that price, even if it does have Stephens name on it. Just kidding but once you get the watch you'll never look at the certificate, I bought a new sealed Patek from Takuya with his name on the certificate and it didn't bother me at all.

[Tay821]

Originally Posted by LitzDoc

Keep the $20 K and put it in an index fund. Then in 25 years your heirs can use that money and buy another 5270P or a house in a nice neighborhood.


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THIS!

[GB-man]

Originally Posted by martinr

If you can buy a sealed 5270R for around 95K do it, you would be crazy not to buy at that price, even if it does have Stephens name on it. Just kidding but once you get the watch you'll never look at the certificate, I bought a new sealed Patek from Takuya with his name on the certificate and it didn't bother me at all.

Some are sentimental about the paperwork, others aren't. When it comes to 10-20k Rolex I often would eat the 500-1000 but 20 racks is 20 racks. I know what I would do.

[mjclark32]

Originally Posted by Marciano490

Just to clarify. I have no kids, much less grandkids. I've also never kept a watch for more than 2-3 years. All of this is very aspirational.

Originally Posted by Marciano490

Yeah - I just realized even if I have a boy in 9 months, it'd still be like 25 years before it even made sense to hand over to the little brat.

Originally Posted by Marciano490

Just keep sending my wives to the Tower of London until I have a boy.

I like you

Originally Posted by Marciano490

New is between 110-115. Sealed with another name or used is around 95!

I'd definitely be saving the cash