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Old 20 November 2019, 02:39 PM   #1
GeraldGentaFan
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5131 1p: go or no-go

Just got a call from my AD that I can get a 5131 platinum if I want. Stunning watch, but for the bracelet. If I buy, I would wear it on a leather strap.

Where I am in doubt is if a 5131g doesn’t t make more sense. The market for 5131g has weakened and the grey price is 30k less than retail on the platinum. And althought I don’t buy to sell the watch, I don’t want to take a big hit if I ever decide to sell in 4-5 years from now. And here I just don’t know how the market for the 5131 platinum will evolve. Currently seems rather illiquid, I assume because of the high price and the bracelet.

On the other hand a full platinum bracelet is rare for a Patek, and once this watch is discontinued (is assume soon now that the 5231j was launched), it might become a collectable piece.

Any views on my luxury problem welcome!




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Old 20 November 2019, 03:36 PM   #2
martinr
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My opinion, if money is an issue, forget it. And, what exactly do you like about the watch?
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Old 20 November 2019, 04:01 PM   #3
Josh1000
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Depends what else you have

I.like the 5131G a lot and I.like white metals so yes that's a hot favourite. The bracelet is def an acquired taste and certainly pushed the price to a different level. Production of 5131G is long done so you can take a view of how many are in the market where as the P is an unknown. Certainly in the UK they are not taking new orders for the P as its believed to be discontinued. So i am.guessing it's an existing allocation to a dealer that's being filled. I believe with a bit of luck the 5131G can be had at between $95-105k and the P probably $145k. Guess u have to work.out if the bracelet is worth $40k....seems a lot
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Old 20 November 2019, 05:53 PM   #4
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Can't speculate about the future value of the watch but it is an absolutely amazing piece and the dial is a piece of art. If I get a chance I will definitely jump on it.
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Old 20 November 2019, 06:19 PM   #5
tom2517
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Originally Posted by GeraldGentaFan View Post
Just got a call from my AD that I can get a 5131 platinum if I want. Stunning watch, but for the bracelet. If I buy, I would wear it on a leather strap.

Where I am in doubt is if a 5131g doesn’t t make more sense. The market for 5131g has weakened and the grey price is 30k less than retail on the platinum. And althought I don’t buy to sell the watch, I don’t want to take a big hit if I ever decide to sell in 4-5 years from now. And here I just don’t know how the market for the 5131 platinum will evolve. Currently seems rather illiquid, I assume because of the high price and the bracelet.

On the other hand a full platinum bracelet is rare for a Patek, and once this watch is discontinued (is assume soon now that the 5231j was launched), it might become a collectable piece.

Any views on my luxury problem welcome!




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Yeah, one would think it’s a collectible piece, it’s got a lot going for it, platinum bracelet (which is rare for a Patek), world time enamel, and etc. but for whatever reason the market price doesn’t not reflect it.

Perhaps it is because due the the popularity of the gold world timers, Patek set the P price too high.

If you can buy it at MSRP you won’t lose money.


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Old 20 November 2019, 06:23 PM   #6
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It's a go go from me.
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Old 20 November 2019, 06:26 PM   #7
Josh1000
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Not sure how PP prices Platinum. The only 5130P was GBP 40000 and the 5130G was GBP 27000 almost double. Someone could look at current prices and see if there is a correlation....
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Old 20 November 2019, 07:31 PM   #8
Mr Naultilus
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I.like the 5131G a lot and I.like white metals so yes that's a hot favourite. The bracelet is def an acquired taste and certainly pushed the price to a different level. Production of 5131G is long done so you can take a view of how many are in the market where as the P is an unknown. Certainly in the UK they are not taking new orders for the P as its believed to be discontinued. So i am.guessing it's an existing allocation to a dealer that's being filled. I believe with a bit of luck the 5131G can be had at between $95-105k and the P probably $145k. Guess u have to work.out if the bracelet is worth $40k....seems a lot
But according to your reply to me in the other thread of what other watches you have etc, you mentioned you had the 5131p , so in your opinion keeper /sleeper or just give it a miss ?

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Old 20 November 2019, 07:32 PM   #9
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i had the same call and rejected the piece.
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Old 20 November 2019, 07:41 PM   #10
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i had the same call and rejected the piece.
Am I the only one not getting the call.
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Old 20 November 2019, 07:45 PM   #11
Mr Naultilus
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Am I the only one not getting the call.
It's probably because you have 1 of the 5131 series already

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Old 20 November 2019, 07:47 PM   #12
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Am I the only one not getting the call.
Do they give priority to applicant who does not have a variant of the 5131 yet?
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Old 20 November 2019, 07:50 PM   #13
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Do they give priority to applicant who does not have a variant of the 5131 yet?
Yes they do and I was told I couldn't order a 5131P - period!
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Old 20 November 2019, 07:50 PM   #14
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Do they give priority to applicant who does not have a variant of the 5131 yet?


Did some one say priority? Ask Mr Nautilus!


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Old 20 November 2019, 07:55 PM   #15
Analysing You
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Originally Posted by GeraldGentaFan View Post
Just got a call from my AD that I can get a 5131 platinum if I want. Stunning watch, but for the bracelet. If I buy, I would wear it on a leather strap.

Where I am in doubt is if a 5131g doesn’t t make more sense. The market for 5131g has weakened and the grey price is 30k less than retail on the platinum. And althought I don’t buy to sell the watch, I don’t want to take a big hit if I ever decide to sell in 4-5 years from now. And here I just don’t know how the market for the 5131 platinum will evolve. Currently seems rather illiquid, I assume because of the high price and the bracelet.

On the other hand a full platinum bracelet is rare for a Patek, and once this watch is discontinued (is assume soon now that the 5231j was launched), it might become a collectable piece.

Any views on my luxury problem welcome!




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It’s a lovely watch but like others the bracelet just doesn’t do it for me and like you I would end up taking it off and putting it on a nice strap. I love enamel dials I just prefer the ones on the 5131J/G/R.

What are your thoughts on the 5231J? If you’re prepared to wait for the 5231G don’t accept the P as you might prejudice your position!


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Old 20 November 2019, 07:57 PM   #16
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Did some one say priority? Ask Mr Nautilus!

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He is legend.
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Old 20 November 2019, 07:58 PM   #17
Analysing You
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He is legend.


How’s the new Aqua??


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Old 20 November 2019, 08:05 PM   #18
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Am I the only one not getting the call.
Has it been 8 years?
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Old 20 November 2019, 08:16 PM   #19
Russell996
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Has it been 8 years?
Thats's why I've ordered my 5231P already - 8 year cycle.
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Old 20 November 2019, 08:23 PM   #20
Ichiran
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How’s the new Aqua??

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Beyond expectations. I love it to bits.
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Old 20 November 2019, 08:28 PM   #21
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OP if you remotely are worried about holding value. I would pass. Application pieces are not ur run of the mill pieces... i think there is more of a commitment to keep it. There are of course the stories of being blacklisted if you flip an application piece.
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Old 20 November 2019, 10:30 PM   #22
raclaims
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I was offered one abt a year ago and passed. I just don’t feel this one. As it is o never wear my 5131r
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Old 20 November 2019, 10:55 PM   #23
GoingPlaces
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Unless 100%, pass. For that coin you should be thrilled and excited. If you have hesitations now...later?
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Old 20 November 2019, 11:20 PM   #24
Humble michael
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Don’t do it! You will be setting yourself up to lose a lot of money. If you really love the piece and don’t mind a hit of at least $40k when and if you sell then ok. Doesn’t sound like that is the case from what you said - pass. Just mo.
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Old 20 November 2019, 11:48 PM   #25
Josh1000
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But according to your reply to me in the other thread of what other watches you have etc, you mentioned you had the 5131p , so in your opinion keeper /sleeper or just give it a miss ?

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Yes and I have 5130P, 5130G 5575, 5930 etc etc so let's say I collect WT ....I also.like white metals so when was given a choice between R and P I went P knowing that there is less upside in value. I disliked the bracelet enormously and felt it was very 70's....however I now "get it" and love the weight and the feel of the bracelet...I have straps on everything so brings nice diversity...I am near to closing on a 5131G so just building a collection
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Old 20 November 2019, 11:53 PM   #26
GenevaFan
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Originally Posted by GeraldGentaFan View Post
Just got a call from my AD that I can get a 5131 platinum if I want. Stunning watch, but for the bracelet. If I buy, I would wear it on a leather strap.

Where I am in doubt is if a 5131g doesn’t t make more sense. The market for 5131g has weakened and the grey price is 30k less than retail on the platinum. And althought I don’t buy to sell the watch, I don’t want to take a big hit if I ever decide to sell in 4-5 years from now. And here I just don’t know how the market for the 5131 platinum will evolve. Currently seems rather illiquid, I assume because of the high price and the bracelet.

On the other hand a full platinum bracelet is rare for a Patek, and once this watch is discontinued (is assume soon now that the 5231j was launched), it might become a collectable piece.

Any views on my luxury problem welcome!




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Give some thought on current conversations regarding countries looking at dropping Daylight Savings which would make all current world timers redundant.

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Old 21 November 2019, 12:55 AM   #27
Josh1000
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Give some thought on current conversations regarding countries looking at dropping Daylight Savings which would make all current world timers redundant.

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Why would it make a WT redundant.....are they thinking of also changing longitude?
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Old 21 November 2019, 01:21 AM   #28
GenevaFan
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Why would it make a WT redundant.....are they thinking of also changing longitude?
Time zones no longer would align with Grenich Mean Time.

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Old 21 November 2019, 01:30 AM   #29
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If you can afford it and don't mind taking a hit when you sell, then buy it. I would go white gold myself.
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Old 21 November 2019, 01:39 AM   #30
Josh1000
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Time zones no longer would align with Grenich Mean Time.

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Good grief...I think you need to read up about WT and GMT and SLS. If anything the cancellation.of DLS accurate and alleviate kne of its shortcomings in that it doesnt account for DLS!!!! If SLS is cancelled then everything is aligned to GMT
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