ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
21 September 2018, 02:51 AM | #1 |
"TRF" Member
Join Date: May 2010
Real Name: Dan
Location: USA
Watch: This N That
Posts: 34,251
|
Is the 5711 really a $48,000 Watch?
Doing a search of the For Sale section here it certainly doesn't look like it. I've yet to see any of them actually being sold.
I know the MSRP is much less but difficult to get a hold of. Just kind of curious what people are currently actually paying for them.
__________________
When it captures your imagination, that's when you know you have found your passion. Loyal Foot Soldier of The Nylon Nation. Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons |
21 September 2018, 03:08 AM | #2 |
2024 Pledge Member
Join Date: Nov 2012
Real Name: Steven
Location: Glocal
Posts: 19,265
|
Zero for me, have no interest in a modern mass produced Patek. Feel the guys here are right, vintage is the way to go (pre 1995 imho).
__________________
__________________ “Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming 'Wow! What a Ride!'” -- Hunter S. Thompson Sent from my Etch A Sketch using String Theory. |
21 September 2018, 03:13 AM | #3 | |
"TRF" Member
Join Date: May 2010
Real Name: Dan
Location: USA
Watch: This N That
Posts: 34,251
|
Quote:
But that's not the question. Question is what is the real current market value? Not MSRP but what are people actually currently paying for them?
__________________
When it captures your imagination, that's when you know you have found your passion. Loyal Foot Soldier of The Nylon Nation. Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons |
|
21 September 2018, 03:15 AM | #4 |
2024 Pledge Member
Join Date: May 2018
Location: USA
Watch: P A T E K
Posts: 4,691
|
5711 not worth over MSRP $29,800.
Patience is great virtue. Rather wait then spend double. I value my money :)
__________________
A. Lange & Sohne | Audemars Piguet | F.P.Journe | Omega | Patek Philippe | Rolex | Tudor | ...and Othersss |
21 September 2018, 03:18 AM | #5 |
"TRF" Member
Join Date: May 2010
Real Name: Dan
Location: USA
Watch: This N That
Posts: 34,251
|
It's the internet, but I've got my fingers crossed and I'm still hoping I'll get an answer. LOL
__________________
When it captures your imagination, that's when you know you have found your passion. Loyal Foot Soldier of The Nylon Nation. Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons |
21 September 2018, 03:22 AM | #6 |
2024 Pledge Member
Join Date: Jun 2011
Real Name: David Farkas
Location: Los Angeles
Watch: 116610, 5712/1A
Posts: 7,972
|
used are going around 45k dan
__________________
Instagram: @SwissWatchTime |
21 September 2018, 03:24 AM | #7 |
"TRF" Member
Join Date: May 2010
Real Name: Dan
Location: USA
Watch: This N That
Posts: 34,251
|
__________________
When it captures your imagination, that's when you know you have found your passion. Loyal Foot Soldier of The Nylon Nation. Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons |
21 September 2018, 03:27 AM | #8 |
2024 Pledge Member
Join Date: Jun 2011
Real Name: David Farkas
Location: Los Angeles
Watch: 116610, 5712/1A
Posts: 7,972
|
of course my friend hope all is well.
BTW 45k should be dated 2015 or later
__________________
Instagram: @SwissWatchTime |
21 September 2018, 03:34 AM | #9 | |
"TRF" Member
Join Date: May 2010
Real Name: Dan
Location: USA
Watch: This N That
Posts: 34,251
|
Quote:
It is, and I hope the same for you. So date matters. Why so, and what does that mean for 5711s let say from 2005 to 2015?
__________________
When it captures your imagination, that's when you know you have found your passion. Loyal Foot Soldier of The Nylon Nation. Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons |
|
21 September 2018, 03:45 AM | #10 | |
2024 Pledge Member
Join Date: Jun 2011
Real Name: David Farkas
Location: Los Angeles
Watch: 116610, 5712/1A
Posts: 7,972
|
Quote:
when people are paying such a huge premium over retail they want something late dated. If its not then a small albeit very small discount off the 45k would be in order in todays market
__________________
Instagram: @SwissWatchTime |
|
21 September 2018, 03:47 AM | #11 | |
"TRF" Member
Join Date: May 2010
Real Name: Dan
Location: USA
Watch: This N That
Posts: 34,251
|
Quote:
I thought that might be it, but because I didn't know for sure I would go ahead and ask. Thanks again David, very helpful.
__________________
When it captures your imagination, that's when you know you have found your passion. Loyal Foot Soldier of The Nylon Nation. Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons |
|
21 September 2018, 03:47 AM | #12 |
"TRF" Member
Join Date: Apr 2015
Location: Houston
Posts: 17,622
|
great watch, but no not for that price. Thats used datograph prices
__________________
Instagram: tyler.watches current collection: Patek 5164A, Patek 5524G, Rolex Platinum Daytona 116506, Rolex Sea Dweller 43 126600, Rolex GMT II 116710LN, AP 15400ST (silver), Panerai 913, Omega Speedmaster moonwatch, Tudor Black Bay (Harrods Edition) |
21 September 2018, 03:49 AM | #13 |
2024 Pledge Member
Join Date: Jun 2011
Real Name: David Farkas
Location: Los Angeles
Watch: 116610, 5712/1A
Posts: 7,972
|
of course Dan always happy to help you if I can
__________________
Instagram: @SwissWatchTime |
21 September 2018, 03:55 AM | #14 |
2024 Pledge Member
Join Date: Feb 2017
Location: USA
Posts: 4,331
|
Zero chance I would pay what sellers are asking for it, absolutely bonkers people will pay that sort of premium. But guess people do......
|
21 September 2018, 04:11 AM | #15 |
"TRF" Member
Join Date: Jul 2011
Location: bklyn
Posts: 1,471
|
|
21 September 2018, 04:25 AM | #16 |
"TRF" Member
Join Date: Apr 2015
Location: Houston
Posts: 17,622
|
that is exactly what i want to hear. However Pt up down is what i would love to have vs the RG. At that price i would wouldn't think twice.
__________________
Instagram: tyler.watches current collection: Patek 5164A, Patek 5524G, Rolex Platinum Daytona 116506, Rolex Sea Dweller 43 126600, Rolex GMT II 116710LN, AP 15400ST (silver), Panerai 913, Omega Speedmaster moonwatch, Tudor Black Bay (Harrods Edition) |
21 September 2018, 04:26 AM | #17 |
"TRF" Member
Join Date: Aug 2011
Location: usofmfa
Posts: 3,157
|
Depends on buyer and seller I guess. I wouldn’t sell either of mine for $48k.
Oh, and wait until they’re discontinued.
__________________
Instagram: soundsoserious |
21 September 2018, 05:00 AM | #18 |
"TRF" Member
Join Date: Dec 2012
Real Name: Ben
Location: SIN & JKT
Watch: Rolex, AP, PP
Posts: 9,873
|
There is always two ways to look at a watch's worth. The intrinsic worth and the commercial worth. Just the watch alone, its not worth 48k. Heck, its not even worth the msrp without the Patek name. But commercially yes bec this is what the market apparently is willing to pay for.
__________________
Follow me on Instagram : benlee789 |
21 September 2018, 05:23 AM | #19 |
"TRF" Member
Join Date: Jun 2016
Location: N/A
Posts: 3,629
|
Intrinsically, no, not to me. There are plenty of other watches I'd rather have than the 5711 at that price point. 5712 is one of them for instance, as they seem to be at that price these days too. Datograph is another one of those pieces.
But the power of the market says otherwise, what do I know. |
21 September 2018, 05:26 AM | #20 |
"TRF" Member
Join Date: May 2016
Location: USA
Watch: GMT IIc and PO
Posts: 1,638
|
I didn't think so. Then I found out they have a loud movement. Now, I REALLY don't think so. They are beautiful watches, so they are worth it to some people
|
21 September 2018, 05:35 AM | #21 |
"TRF" Member
Join Date: Dec 2014
Location: Seattle
Posts: 786
|
It is a lot of money for sure. But if we stick to the 'watch world', perhaps the main question is: can you buy a nicer watch for that price? For me, the only watch below 90k/100k that I prefer over the white 5711 is the 5712/1A. I just can't think of any watch I would rather have for the sort of money.
|
21 September 2018, 05:43 AM | #22 | |
2024 Pledge Member
Join Date: Nov 2012
Location: USA
Watch: addiction issues
Posts: 36,815
|
Quote:
__________________
|
|
21 September 2018, 05:56 AM | #23 |
"TRF" Member
Join Date: Jun 2017
Location: Los Angeles
Watch: 3970
Posts: 3,793
|
The datograph - even the 39mm is immensely difficult to wear comfortably for a 6.5 inch wrist or smaller.
At 40mm, the 5711 fits all male wrist sizes across all cultures...China and Asia especially. Demand is there, the watch is pretty damn awesome. Think about what you pay for movement finishing - you kind of get that on the outside with the bracelet and case. 120m water resistance, universal adoration from both watch collectors and non-watch collectors. $48k is fair imho and likely to go up if supply stays the same. |
21 September 2018, 06:13 AM | #24 |
TRF Moderator & 2024 Patron
Join Date: May 2007
Real Name: Larry
Location: Mojave Desert
Watch: GMT's
Posts: 42,991
|
Is any watch actually "worth" 48 large
__________________
(Chill ... It's just a watch Forum.....) NAWCC Member |
21 September 2018, 06:28 AM | #25 |
"TRF" Member
Join Date: Dec 2014
Location: Seattle
Posts: 786
|
I may sound a bit as a chicken or egg point, but if that is not 'what the heart wants', it is not a 'nicer watch' from the buyer's perspective. All that to say that, yes, the 5711/2 worth the current market price.
|
21 September 2018, 06:30 AM | #26 |
"TRF" Member
Join Date: Aug 2018
Location: Canada
Watch: 5711,Sub,DS,YM42
Posts: 796
|
Not getting all the 5711 hate these last few weeks. If you don't like it you don't buy it, I love Rolex but don't like the look of all their models. I love my 5711 and wouldn't sell it for 45k, goes both ways. If I can sell my bic pen for a million dollars I can say its a million dollar pen. Its what someone wants to pay. If you want a blue 5711 unless you have connections you cant buy one, so for some the premium is worth it. Look at the car market, limited production cars like the LaFerrari, Porsche GT2rs etc are going well over list, same deal.
|
21 September 2018, 06:31 AM | #27 |
"TRF" Member
Join Date: Jan 2013
Real Name: SMD
Location: LGA/EWR/ORD
Watch: AP/PP
Posts: 3,653
|
|
21 September 2018, 06:36 AM | #28 | |
"TRF" Member
Join Date: Apr 2012
Location: England
Watch: 5990
Posts: 3,338
|
Quote:
Interesting how hype around a watch can change your perception of it. Until last year I was not interested in the 5711 - now I’m on a waiting list to get one, and my opinion right now is that it’s a fantastic watch. If you could just walk into an AD and buy one I doubt I’d still be interested. |
|
21 September 2018, 06:39 AM | #29 |
"TRF" Member
Join Date: Aug 2018
Location: Canada
Watch: 5711,Sub,DS,YM42
Posts: 796
|
Once you get that baby and its on your wrist you'll be happy you got it. Same is going on with the jubilee BLRO.. at 10K its an AMAZING watch, for 20 its not worth it to me, to many it is.. to have the hottest watch. Sadly most people that bought them from the AD cared about one thing... flipping it
|
21 September 2018, 06:44 AM | #30 |
2024 Pledge Member
Join Date: Feb 2010
Real Name: Neil
Location: UK
Watch: ing ships roll in
Posts: 59,066
|
I couldn't bring myself to buy when their retail was £19K or even when their retail price was cut, and now they are going for over £40K.
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
Thread Tools | |
Display Modes | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.