5740 availability

[sxdcfv]

Originally Posted by Richmor

It's easier to get than the 5711.
The blue dial rocks.

I like this answer the best!


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[GeraldGentaFan]

Originally Posted by GreenLantern

That's likely correct because the 5740/1G wait list is cluttered with people hoping to be able to flip.

Whereas the 5131/1P or 5231J is an application piece, so there really isn't a "wait list" per se.

Only in certain markets are these application pieces. In most of Europe they are not. The AD has to provide some info on the buyer, but the buyer doesn’t do this directly. I at least never did this for the 5131p or 5089g.

[GeraldGentaFan]

Which one is easier to get, 5740 or 5711 blue depends on the AD in my experience. For me the 5740 was easier to get with some ADs and 5711 blue with others. Even got 2 5740s.

[ts3]

Originally Posted by GeraldGentaFan

Which one is easier to get, 5740 or 5711 blue depends on the AD in my experience. For me the 5740 was easier to get with some ADs and 5711 blue with others. Even got 2 5740s.

Why would you want 2 5740s? LOL...

When I told my AD I am interested in adding a microrotor Nautilus to my 5711 they said the 5740 would likely arrive faster for me than the 5712 as demand drops north of EUR 50k. They are a family-owned AD in a smallish city in not the most affluent region...

[Murcielagoboy2]

The guys getting 5231s and 5131s here in London via my AD are proper collectors, at least from what I’ve seen.
They’ve typically bought (> 10) new Patek pieces and may have 1-2 Sports watches in the collection at most - evidence that they’re not building a mind numbing collection of Aquanaut/Nautilus) and when I meet them for Patek dinners and drinks, these guys are really into the watches. They’ve gone on factory tours and they love the brand.

The more interesting thing is that the talk When you meet them is more about enamel dials, split second chronos, and minute repeaters. They may be waiting for a 5740 or have one, but they’re more in love with their 5370s, so even if they’re on an 8 year wait, they couldn’t care less.

[GreenLantern]

Originally Posted by GeraldGentaFan

Which one is easier to get, 5740 or 5711 blue depends on the AD in my experience. For me the 5740 was easier to get with some ADs and 5711 blue with others. Even got 2 5740s.

Yes, this has been my experience, too. I couldn't get a Blue 5711/1A for the life of me.

Originally Posted by ts3

Why would you want 2 5740s? LOL...

When I told my AD I am interested in adding a microrotor Nautilus to my 5711 they said the 5740 would likely arrive faster for me than the 5712 as demand drops north of EUR 50k. They are a family-owned AD in a smallish city in not the most affluent region...

5740/1G is awesome. If I could, I'd easily have one to beat up, and one to grace the vault with its presence.

[7sins]

Originally Posted by Murcielagoboy2

Completely agree.

Prevailing market prices means it's close to 5070p territory (and certainly 5970) as well, and at the end of the day, it's still just a mere Nautilus.

If I need a blue Dial for £150k - I'm getting a 5070p.

Couldn't agree more, would much prefer the 5070P at market prices.

[GreenLantern]

Originally Posted by GeraldGentaFan

Only in certain markets are these application pieces. In most of Europe they are not. The AD has to provide some info on the buyer, but the buyer doesn’t do this directly. I at least never did this for the 5131p or 5089g.

Interesting!

Here, in the US, the buyer doesn't apply to Patek directly. As far as I'm aware, and based on my experience, all applications are submitted and vouched for by your AD.

[KarlDM]

Originally Posted by Analysing You

Yes but the 5231J is produced in much much smaller numbers and comes with an application for it (at least here in the UK)


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Never seen a 5740/1G in the wild. Before lock down saw a 5231J in the wild, the bloke cleaning the windows at a Patek Philippe AD just west of London was wearing one so it can't be that hard to get one.

[GreenLantern]

Originally Posted by KarlDM

Never seen a 5740/1G in the wild. Before lock down saw a 5231J in the wild, the bloke cleaning the windows at a Patek Philippe AD just west of London was wearing one so it can't be that hard to get one.

Probably because most "sales" of the 5740/1G are to flippers and greys. Whereas that's not the case for the 5231J.

[KarlDM]

Originally Posted by GreenLantern

Probably because most "sales" of the 5740/1G are to flippers and greys. Whereas that's not the case for the 5231J.

I think it is difficult to sell a 5740/1G for a quick profit. I was told most dealers now offer below retail.

[GreenLantern]

Originally Posted by KarlDM

I think it is difficult to sell a 5740/1G for a quick profit. I was told most dealers now offer below retail.

Perhaps. I haven't seen that yet, though.

That said, there are enough greys out there that will still pick it up quickly from you. There isn't an abundance of 5740 stock at greys right now.

[Russell996]

Originally Posted by KarlDM

I think it is difficult to sell a 5740/1G for a quick profit. I was told most dealers now offer below retail.

Trade offers are still well over list - +£25k.

[KarlDM]

Originally Posted by Russell996

Trade offers are still well over list - +£25k.

Trade offers are always high. It may not be the case for an outright purchase.

[Murcielagoboy2]

Only seen one 5740, at Cala Di Volpe, in Sardinia, last summer. That place was Patek city. Strangely also saw a fake 5712/1r which of course PP don’t even make.

[Analysing You]

Originally Posted by KarlDM

Never seen a 5740/1G in the wild. Before lock down saw a 5231J in the wild, the bloke cleaning the windows at a Patek Philippe AD just west of London was wearing one so it can't be that hard to get one.

He probably flipped his 5711P to get it


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[LJubel328]

Originally Posted by Russell996

Trade offers are still well over list - +£25k.

Second this. I went to two different greys in NYC yesterday in hopes of negotiating down. One wouldn't come down below $168k and the other came down to $158k.

One had been sitting on the watch for six months. My thought is there has to be at least one of these NYC greys that is over leveraged, couple this with being shutdown for months, and they must need liquidity.

Both played the game of saying, "I've sold x number of 5740s this month alone" which is complete bs. I hate playing the grey market game, but with that said, I have found exceptional deals during this pandemic. There are dealers out there that need immediate cash flow to keep the business operating, you just need to find them.

It was my first time trying on a 5740, and I must say, it is absolutely stunning in real life.

[KarlDM]

Originally Posted by Analysing You

He probably flipped his 5711P to get it


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Do you know the bloke? Did/does he own a 5711P as well?

[7sins]

Originally Posted by LJubel328

Second this. I went to two different greys in NYC yesterday in hopes of negotiating down. One wouldn't come down below $168k and the other came down to $158k.

One had been sitting on the watch for six months. My thought is there has to be at least one of these NYC greys that is over leveraged, couple this with being shutdown for months, and they must need liquidity.

Both played the game of saying, "I've sold x number of 5740s this month alone" which is complete bs. I hate playing the grey market game, but with that said, I have found exceptional deals during this pandemic. There are dealers out there that need immediate cash flow to keep the business operating, you just need to find them.

It was my first time trying on a 5740, and I must say, it is absolutely stunning in real life.

What did you think of it in real life? I've never seen one in person before and have been eyeing it. I imagine nice heft given it is all in WG.

[LJubel328]

Originally Posted by 7sins

What did you think of it in real life? I've never seen one in person before and have been eyeing it. I imagine nice heft given it is all in WG.

By far my favorite. The bright blue dial pops much more so than the other blueish/grey dials of other models, but what I truly appreciated was how slim the case was given the number of complications. The watch did have some nice heft to it, however, in no way resembled the heft on a pm rolex.

[sensui]

Originally Posted by LJubel328

By far my favorite. The bright blue dial pops much more so than the other blueish/grey dials of other models, but what I truly appreciated was how slim the case was given the number of complications. The watch did have some nice heft to it, however, in no way resembled the heft on a pm rolex.

Heft feels much more balanced than pm Rolex. And the electric blue adds dimensionality to the dial imo... Crazy dynamic. Definitely my favorite Nautilus.