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GB-man · 21 September 2018, 06:58 AM

Quote:

Originally Posted by SMD

Ball park bid/ask spread for dealers?

~5-7k on white

SMD · 21 September 2018, 07:25 AM

Quote:

Originally Posted by GB-man

~5-7k on white

Hypothetically, blue dial post 2015 mint dealer will sell at 45 and buy at 40? I have literally never sold anything (hoarder) so I am clueless on the wholesale/retail delta.

RussW · 21 September 2018, 08:35 AM

Quote:

Originally Posted by enjoythemusic

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).

I’m not sure there is a consensus that vintage is the way to go.

On balance, I’d take a modern Patek any day. Of course there are exceptions - 3700, 5070 and 5970 being the obvious ones, and of those only 1 is pre 1995. But other than that, nah, modern any day for me.

CamSLC · 21 September 2018, 09:12 AM

I love mine, but more at the previous retail. I wouldn't justify paying that much over for anything. There aren't many watches under 50k that sing to me more that aren't a difficult to acquire PP Naut, PC/AC, 5170.. etc.

A Platinum Datograph would be very tempting.

benlee · 21 September 2018, 10:13 AM

Quote:

Originally Posted by AK797

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.

You didn't do too badly by picking up the 5711's RG cousin.

RHIII · 21 September 2018, 11:22 AM

I love the watch - but no it is not.

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GB-man · 21 September 2018, 11:36 AM

Quote:

Originally Posted by SMD

Hypothetically, blue dial post 2015 mint dealer will sell at 45 and buy at 40? I have literally never sold anything (hoarder) so I am clueless on the wholesale/retail delta.

Probably ballpark. Like anything it depends. The dealer might have a buyer waiting and offer more.

SL BRABUS · 21 September 2018, 12:45 PM

For the new people that make over $500,000 a year.....

Have no relationship with the AD and wanting a watch right away without spending on other pieces they don't want at the AD.....

Do they really pay $48,000.....

No that price is negotiable....... Unless that person is $hi77ing money then they don't care....

Ichiran · 21 September 2018, 01:18 PM

I have friends who flipped their Daytona/BLNR/Hulk/SD at above MSRP to get the Nautilus/Aquanaut at above MSRP.

Why not?

soundserious · 21 September 2018, 01:34 PM

Quote:

Originally Posted by Ichiran

I have friends who flipped their Daytona/BLNR/Hulk/SD at above MSRP to get the Nautilus/Aquanaut at above MSRP.

Why not?

Yep, easy trade.

Another option is trading out value trap stuff to get one. I think dealers are getting wise to this though.

Chute · 21 September 2018, 01:45 PM

To me it was barely worth $25k a few years ago when it was not too difficult to acquire.
When the price went up to $30, at first I said screw it but I am on a waitlist for the white 5711 and will probably buy it if I get the call.

I can’t say I’m new to the Nautilus love as I’ve been dreaming of it for several years.
I have seen and tried on blue 5711’s and a 3712 but have yet to see a white 5711 in the metal.

I’m sure the hype makes me want it even more but no way I’m paying more than retail.
I’m a patient person. I finally got my white 116500 last year and that will bide my time in the wait.

I’m on the list for a GMT Pepsi in stainless and if I get that at retail, I could consider flipping it in trade towards a gray market 5711 but only if my total out of pocket doesn’t exceed the retail on the 5711.

My impatience for the 5711 has made me consider other Patek’s which is probably exactly what Patek wants. And although I won’t go gray market for an over priced 5711, I have been considering buying a gray market Calatrava 5227 or 5296 as they are selling around 33% off (albeit used).

cascavel · 21 September 2018, 05:41 PM

Quote:

Originally Posted by szabo_martin

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.

These posts aren't about hating the 5711, they are about hating not having purchased one three years ago for half what they're going for now. They're about hating having missed out and hating people who can still get one at list.

HorologyK · 21 September 2018, 09:32 PM

Personally, I’d rather have the sealed 5167 Tiffany piece for 66K at European Watch...

enjoythemusic · 21 September 2018, 10:44 PM

Quote:

Originally Posted by dddrees

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?

Place a WTB ad here on TRF and see how low resellers are willing to go. Placed a WTB here a year or so ago and got a great deal on a DD40. Even my AD was a bit shocked at how good a deal i got. :)

Keldw · 22 September 2018, 01:32 AM

Quote:

Originally Posted by dddrees

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.

Sold a 2016 recently for just slightly over $46.000

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iLLGT2 · 22 September 2018, 01:36 AM

lol 15 at best, sincerely, ex owner

dddrees · 22 September 2018, 02:06 AM

Quote:

Originally Posted by enjoythemusic

Place a WTB ad here on TRF and see how low resellers are willing to go. Placed a WTB here a year or so ago and got a great deal on a DD40. Even my AD was a bit shocked at how good a deal i got. :)

Yeah, but I'm not needing or looking to buy. I have one already. I just hadn't been paying any attention to the actual market but since I do frequent the forum from time to time I read how the price was so high I was just curious what the actual price was. Now I know.

Quote:

Originally Posted by Keldw

Sold a 2016 recently for just slightly over $46.000

Sent from my iPhone using Tapatalk

Thank you sir.

idontlike_bandwagons · 22 September 2018, 02:19 AM

Comparing finishing to an Overseas 4500V or a Royal Oak 15400/15202 it's not even worth the MSRP. Everything it does better is that it's a Patek!

R!$ · 22 September 2018, 07:14 AM

Its a bubble

peterpl · 22 September 2018, 08:26 AM

5711 at $48k? Nah big pass on that.

Double Barrel · 22 September 2018, 03:16 PM

Short answer: no

Marciano490 · 22 September 2018, 04:37 PM

Quote:

Originally Posted by cascavel

These posts aren't about hating the 5711, they are about hating not having purchased one three years ago for half what they're going for now. They're about hating having missed out and hating people who can still get one at list.

If we didn’t want one for 22, why would we want one for 45? If it’s the profit, there have been a lot of ways to double up over the last 3 years.

tyler1980 · 22 September 2018, 05:24 PM

Quote:

Originally Posted by szabo_martin

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.

i really like it. Its about if its worth market prices. Like the million daytona threads. Both are great watches in their respective categories and i wouldn't pay the going rate for either.

retail price vs market price is an entirely different value judgment and is separate from the discussion on the merits of the actual watch. Its possible to like the watch and want to buy it, but only at certain prices. That isnt hate

ragsk · 22 September 2018, 05:50 PM

The price will crash. Has too eventually. $35k even money.

MrPear · 22 September 2018, 07:09 PM

It's priced correctly according to Patek.

It's a £20k watch because its SS and it's a 3 hander.

People paying £40k are idiots imho.

I'm on the list at my AD, it could come in tomorrow, it could come in in 3 years time - but for me it's the excitement of waiting. I will not pay a penny over retail though.

Folks paying £40k for this model when you can get a pre owned perpetual for that money... The mind boggles.

cascavel · 23 September 2018, 02:44 AM

Quote:

Originally Posted by Marciano490

If we didn’t want one for 22, why would we want one for 45? If it’s the profit, there have been a lot of ways to double up over the last 3 years.

Sadly, I missed all the other ones.

soundserious · 23 September 2018, 02:51 AM

Quote:

Originally Posted by Marciano490

If we didn’t want one for 22, why would we want one for 45? If it’s the profit, there have been a lot of ways to double up over the last 3 years.

Indeed....red or black? (For future reference)

Ichiran · 23 September 2018, 11:38 AM

If you have a NOS full box/papers 5711 blue in your hand now, how much would you list and sell it for? 15k, 25k, 35k or 45k?

This will be the "worth" of the watch, to the seller at least.

Marciano490 · 23 September 2018, 11:49 AM

Quote:

Originally Posted by soundserious

Indeed....red or black? (For future reference)

Ha, well if we were talking last 3 months, I’d say green as in cannabis stocks!

tonupbklyn · 23 September 2018, 12:00 PM

ha, I'm still looking for someone to do a straight swap of my 1A for their 11R!

21 September 2018, 12:45 PM	#38
SL BRABUS "TRF" Member Join Date: Mar 2009 Location: U.S.A Watch: Only Rolex & Patek Posts: 3,345	Is the 5711 really a $48,000 Watch? For the new people that make over $500,000 a year..... Have no relationship with the AD and wanting a watch right away without spending on other pieces they don't want at the AD..... Do they really pay $48,000..... No that price is negotiable....... Unless that person is $hi77ing money then they don't care.... __________________ Rolex Forum: Mainly Rolex & Benz pictures...!!! Click the above link to join the club...^^^... "SL BRABUS" aka BenzWorld Undercover Moderator

21 September 2018, 09:12 AM	#34
CamSLC "TRF" Member Join Date: Jun 2016 Location: USA Watch: Rolex & Patek Posts: 1,436	I love mine, but more at the previous retail. I wouldn't justify paying that much over for anything. There aren't many watches under 50k that sing to me more that aren't a difficult to acquire PP Naut, PC/AC, 5170.. etc. A Platinum Datograph would be very tempting.

21 September 2018, 11:22 AM	#36
RHIII Member Join Date: Jul 2014 Real Name: Roger Location: ... Watch: AP/Rolex/PP Posts: 6,309	I love the watch - but no it is not. Sent from my iPhone using Tapatalk

21 September 2018, 01:18 PM	#39
Ichiran 2024 Pledge Member Join Date: Jan 2018 Real Name: Michael Location: Dotonbori Watch: Mostly blue dials Posts: 7,622	I have friends who flipped their Daytona/BLNR/Hulk/SD at above MSRP to get the Nautilus/Aquanaut at above MSRP. Why not?

21 September 2018, 01:45 PM	#41
Chute "TRF" Member Join Date: Jan 2012 Real Name: Chris Location: Austin Watch: 6 digit Rolex+APRO Posts: 1,533	To me it was barely worth $25k a few years ago when it was not too difficult to acquire. When the price went up to $30, at first I said screw it but I am on a waitlist for the white 5711 and will probably buy it if I get the call. I can’t say I’m new to the Nautilus love as I’ve been dreaming of it for several years. I have seen and tried on blue 5711’s and a 3712 but have yet to see a white 5711 in the metal. I’m sure the hype makes me want it even more but no way I’m paying more than retail. I’m a patient person. I finally got my white 116500 last year and that will bide my time in the wait. I’m on the list for a GMT Pepsi in stainless and if I get that at retail, I could consider flipping it in trade towards a gray market 5711 but only if my total out of pocket doesn’t exceed the retail on the 5711. My impatience for the 5711 has made me consider other Patek’s which is probably exactly what Patek wants. And although I won’t go gray market for an over priced 5711, I have been considering buying a gray market Calatrava 5227 or 5296 as they are selling around 33% off (albeit used).

21 September 2018, 09:32 PM	#43
HorologyK "TRF" Member Join Date: Mar 2015 Location: USA Posts: 1,355	Personally, I’d rather have the sealed 5167 Tiffany piece for 66K at European Watch...

22 September 2018, 01:36 AM	#46
iLLGT2 "TRF" Member Join Date: Aug 2011 Real Name: Martin Location: NY And FLA Watch: AP ROO Blue Scuba Posts: 2,694	lol 15 at best, sincerely, ex owner

22 September 2018, 02:19 AM	#48
idontlike_bandwagons Banned Join Date: Sep 2018 Location: Cloud 7 Posts: 35	Comparing finishing to an Overseas 4500V or a Royal Oak 15400/15202 it's not even worth the MSRP. Everything it does better is that it's a Patek!

22 September 2018, 07:14 AM	#49
R!$ Banned Join Date: Sep 2014 Location: SoCal Posts: 2,405	Its a bubble

22 September 2018, 08:26 AM	#50
peterpl Banned Join Date: Aug 2012 Location: . Posts: 6,692	5711 at $48k? Nah big pass on that.

22 September 2018, 03:16 PM	#51
Double Barrel Banned Join Date: Jul 2018 Location: Paris Posts: 118	Short answer: no

22 September 2018, 05:50 PM	#54
ragsk Banned Join Date: Jun 2018 Location: USA Posts: 1,505	The price will crash. Has too eventually. $35k even money.

22 September 2018, 07:09 PM	#55
MrPear "TRF" Member Join Date: Jan 2017 Location: Rainhill Posts: 113	It's priced correctly according to Patek. It's a £20k watch because its SS and it's a 3 hander. People paying £40k are idiots imho. I'm on the list at my AD, it could come in tomorrow, it could come in in 3 years time - but for me it's the excitement of waiting. I will not pay a penny over retail though. Folks paying £40k for this model when you can get a pre owned perpetual for that money... The mind boggles.

23 September 2018, 11:38 AM	#58
Ichiran 2024 Pledge Member Join Date: Jan 2018 Real Name: Michael Location: Dotonbori Watch: Mostly blue dials Posts: 7,622	If you have a NOS full box/papers 5711 blue in your hand now, how much would you list and sell it for? 15k, 25k, 35k or 45k? This will be the "worth" of the watch, to the seller at least.

23 September 2018, 12:00 PM	#60
tonupbklyn "TRF" Member Join Date: Jul 2011 Location: bklyn Posts: 1,471	ha, I'm still looking for someone to do a straight swap of my 1A for their 11R!

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