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20 June 2019, 05:45 AM | #61 |
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Bad ass! I barely see any marks at all, looks beautiful!
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20 June 2019, 05:55 AM | #62 |
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Its a great watch for sure and not worth 80k dollars indeed as today I see they are asking 80k pounds!
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20 June 2019, 06:04 AM | #63 |
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gotta to say great watch, and even greater TRF member
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20 June 2019, 06:39 AM | #64 |
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So these resellers who are currently selling 5711/1R at £90k to £100k for a new one ($115k to $130k ish) what would they offer to buy one for?
£70k ? |
20 June 2019, 06:54 AM | #65 | |
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Quote:
Recently a grey dealer in Yorkshire offered £ 100K trade in value for my 5740G if I trade it in and get a "super rare" 5271P from them |
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20 June 2019, 07:04 AM | #66 | |
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Seems like its the greys feeding themselves more and more margin by continually increasing prices. |
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20 June 2019, 07:14 AM | #67 |
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I disagree with this. I have always got very close to TS prices when I have sold things here before. I also do not believe the grays margins are that huge when they buy from us, they seem to always pay reasonable prices to leave themselves what I would consider, a fair margin for their service/network.
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20 June 2019, 07:19 AM | #68 | |
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ok would you consider a 80k mark up reasonable? dependent on any watch u are seeking to trade |
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20 June 2019, 07:22 AM | #69 | |
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20 June 2019, 07:23 AM | #70 |
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What? A TS would pay you well over market for a in demand piece like 5711/5712. What do you think their margins are? Have you ever sold to one yourself? I have and never had a bad experience or thought I was getting a raw deal. I have also sold myself here and always got very close to their asking prices. We are not talking about if secondary pricing is "reasonable" or not, that is what it is, gray or myself selling my 5712.
If I sold my 5712, I would list it myself at whatever the market price is. I would get countless offers from grays at what I would suspect to be 5-10% less than my ask. One just sold private here in the FS section, very quickly, and he looks to have got very close to what market is. If you do not want to deal with that yourself, 5-10% to sell to a gray seems reasonable to me. |
20 June 2019, 07:30 AM | #71 | |
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20 June 2019, 07:34 AM | #72 |
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I was offered 44K GBP for my 5711 yesterday, however of course this wont buy me a 5712!!
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20 June 2019, 07:35 AM | #73 | |
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To each their own. |
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20 June 2019, 07:41 AM | #74 |
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Wow, the trade in offer for the 5740G sounds pretty low. Trade in prices are usually well above a straight sale price which would suggest a below MSRP offer would be forthcoming.
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20 June 2019, 07:42 AM | #75 | |
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20 June 2019, 07:49 AM | #76 | |
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20 June 2019, 07:51 AM | #77 |
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20 June 2019, 07:55 AM | #78 |
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No i am not selling. Will keep my watches esp the Pateks, APs and Rolexes.
Just giving my observation |
20 June 2019, 07:58 AM | #79 |
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20 June 2019, 07:58 AM | #80 |
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When they made that offer I asked them about a cash buy and they said they would offer MSRP as the demand has significantly decreased because Patek had flooded the market with 5740Gs.
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20 June 2019, 08:01 AM | #81 |
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20 June 2019, 09:27 AM | #82 | |
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However give it a few weeks and they will offer over 50K, bid prices move up every month while ask prices move up every week. |
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20 June 2019, 11:09 AM | #83 | |
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2) I was hoping it would be a status a symbol but McD refuses to serve me at the table...I mean I walked in and sat down...and nothing. |
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20 June 2019, 11:15 AM | #84 |
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No wonder they call you the "Fat ninja". Couldn't pay me to eat at McDs. Consequence maybe is that I have the girliest wrists of all.
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20 June 2019, 11:26 AM | #85 |
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20 June 2019, 05:12 PM | #86 | |
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The last one they had for sale at the beginning of the year was up at £69k so they were looking at a 50% mark up. No idea if they achieved this or what they would ask for one now if they had one for sale. |
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20 June 2019, 06:21 PM | #87 |
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Do you guys know the true market price of 5740 if one buys in the secondary market? I see the lowest ask about $200k, so maybe they are trading at 170-180? I dont see 5740 trading at MSRP soon given the silly 5711/12 market prices.....
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20 June 2019, 08:54 PM | #88 | |
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On another note. 5980/1R & 5740G has same price now on secondary market. |
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20 June 2019, 09:21 PM | #89 |
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Thank you for sharing. Amazing watch, and great write up.
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20 June 2019, 09:30 PM | #90 |
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Let me to join too ,purchased in summer 2014 (with discounts),still looks fine,some marks in the bezel too but 2B honest I just don t care
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