Enough with the flipping threads

[liljctl]

Originally Posted by tyler1980

IMO its good to be informed. going back to threads to where 5711's were in the mid 30k range and everyone thought that was insane... for example. now look at were we are now.


It seems like things change weekly so in a way its good to know what's going on even if you dont participate or condone the activities.

This isn't particularly new. The turning point was the 5522 IMO. I dont think that watch caused this market, but the timing was perfect. Nothing has been the same since that day

What happened with the 5522?

[tyler1980]

Originally Posted by liljctl

What happened with the 5522?

insanity

to me it was two things that are common really starting at once. First was AD allocation policies being taken to an entirely different level with bundles and excessive spend requirements. Second was buyer behavior as far as being even more speculation oriented than i have ever seen. All of that is now "normal" today

It was the first time i had ever heard of an AD specifically referencing chrono 24 secondary prices to a customer to justify how they were going to allocate a watch and what the spend requirements would be. It was a direct line between retailer and what was going on after the sale and it brought secondary prices into the AD in a round about way. Today we are use to this. conditioned to acceptance.

everything is the 5522's fault. its great and terrible at the same time

[danestaff]

Originally Posted by tyler1980

insanity



to me it was two things that are common really starting at once. First was AD allocation policies being taken to an entirely different level with bundles and excessive spend requirements. Second was buyer behavior as far as being even more speculation oriented than i have ever seen. All of that is now "normal" today



It was the first time i had ever heard of an AD specifically referencing chrono 24 secondary prices to a customer to justify how they were going to allocate a watch and what the spend requirements would be. It was a direct line between retailer and what was going on after the sale and it brought secondary prices into the AD in a round about way. Today we are use to this. conditioned to acceptance.



everything is the 5522's fault. its great and terrible at the same time

I didn't realise that was the way in the USA, as it was a limited edition and only 600 made only for that market

I figured all good customers of each AD would have got 1 if they wished

Well There in lies the importance of a great AD relationship,

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[tyler1980]

Originally Posted by danestaff

I didn't realise that was the way in the USA, as it was a limited edition and only 600 made only for that market

I figured all good customers of each AD would have got 1 if they wished

Well There in lies the importance of a great AD relationship,

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i think the fact it was a US LE contributed as many worldwide clients were also trying to get these watches from the US AD's. So it also funneled the demand and amplified it. A world wide LE and people could still ask their local AD, and not seek out a different one.

[danestaff]

Originally Posted by tyler1980

i think the fact it was a US LE contributed as many worldwide clients were also trying to get these watches from the US AD's. So it also funneled the demand and amplified it.

I get that, and then u have duggans asking 50k for 1, mind you he's had it for ages

And its only SS, 16K retail roughly

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[tyler1980]

Originally Posted by danestaff

I get that, and then u have duggans asking 50k for 1, mind you he's had it for ages

And its only SS, 16K retail roughly

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its settled down quite a bit now, but yeah i look at that one at burlington arcade all the time... that and the 5131R

Just saying if i had to pick a turning point, its probably that release

[waspy1]

I remember the good old days when it was all about the shortage of supply of the 5131, resale price thereof and who you have to schmooz to get one. Now it’s the same story except it’s for anything vaguely nautilus shapes. We’ve moved somewhat downmarket, no?


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[Xerxes77]

I think it’s better to talk about price here....because we need to be informed how market rise price crazy....... also everyone can get a threat about what he or she is interested and you or anyone can stop this..... if you don’t like don’t read

[Calatrava r]

Valuation is a big subject here, where it is forbidden on some other sites. Money information is good to know as you chuck down a huge pile if cash on a timepiece. Its big on every other collectable so why not watches.

[dsk28]

I really enjoy the difference in opinions here, even within this thread the replies have been entertaining.

Yes being informed about current market prices is certainly something everyone should know, and could be used as a reference when getting a certain piece.

Anyways here we are, with my trusted 5711 and my most recent 2 incomings - the 5726a & 5164a.

Have to say that my love for this brand has been growing exponentially since receiving my 5711 a few years ago.

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[dsk28]

Originally Posted by tyler1980

insanity



to me it was two things that are common really starting at once. First was AD allocation policies being taken to an entirely different level with bundles and excessive spend requirements. Second was buyer behavior as far as being even more speculation oriented than i have ever seen. All of that is now "normal" today



It was the first time i had ever heard of an AD specifically referencing chrono 24 secondary prices to a customer to justify how they were going to allocate a watch and what the spend requirements would be. It was a direct line between retailer and what was going on after the sale and it brought secondary prices into the AD in a round about way. Today we are use to this. conditioned to acceptance.



everything is the 5522's fault. its great and terrible at the same time

Didn't know that the 5522 was such a craze!

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[daveo5]

I have stopped reading, for the most part, any posts regarding availability, price(pricing) of Nautilus and Aquanaut. I enjoy my PP’s, none of which are either of the aforementioned models. I am not suffering any withdrawal pains.


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[jenniferjanef]

Originally Posted by dsk28

Have to say that my love for this brand has been growing exponentially since receiving my 5711 a few years ago.

i bet your love grown exponentially due to the crazy bubbling market price n reading them here certainly gives you more assurance.. you just can’t stand all the talks about bubbles bursting soon huh.. LOL

sorry.. just kidding.. i can’t resist.. nice collection btw.. you owned all the current hyped pieces!

[tyler1980]

Originally Posted by dsk28

Didn't know that the 5522 was such a craze!

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it was... we lost many, many members over it

[danestaff]

Originally Posted by tyler1980

it was... we lost many, many members over it

Why? the UK had done peices for the 175 anniversary

Call me dumb if u like, I might just be late to the party

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[tyler1980]

Originally Posted by danestaff

Why? the UK had done peices for the 175 anniversary

Call me dumb if u like, I might just be late to the party

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lots of drama, lots of people not letting it go after it had gone far enough. Its really nothing different than a lot of the stuff that is happening now with allocations, but people were pretty upset about it then because it was something that was not very common, yet.

remember the 5522 was selling at premiums way, way over the 5711 at the time. I think the 5711 was still in the mid/high 30k range on the secondary market and with a higher RRP than the 5522. I can't remember how high those got but it was big.

[danestaff]

Originally Posted by tyler1980

lots of drama, lots of people not letting it go after it had gone far enough. Its really nothing different than a lot of the stuff that is happening now with allocations, but people were pretty upset about it then because it was something that was not very common, yet.

remember the 5522 was selling at premiums way, way over the 5711 at the time. I think the 5711 was still in the mid/high 30k range on the secondary market and with a higher RRP than the 5522. I can't remember how high those got but it was big.

Well duggans were asking 55ish and all around that price point as far as I remember

But if you look at some of the Ltd edition peices, like the Nautilus, 1 was 700 and the other 1300, so % wise, 600 peices just for the US alone, doesn't sound that bad


Or do you mean many nationalities were pissed etc not just Americans?

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[brockburst]

I've lived through Tech Bubble, Vintage Guitar Bubble, Bitcoin Bubble...now we watch the watch bubble

[V25V]

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[danestaff]

Originally Posted by V25V

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This really isn't the way the OP expected it his thread to go I imagine,

He's going stir

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[Fat_ninja]

Originally Posted by V25V

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I miss your meme’s lol

[danestaff]

To all u would be flippers VainCalmKouprey-size_restricted.gif

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[Bearxj86]

Its gone insane with steel sports. I thought it was crazy a year ago and now its out of control for AP/PP/Rolex steel sports and now precious metal.

[danestaff]

Originally Posted by bearxj86

Its gone insane with steel sports. I thought it was crazy a year ago and now its out of control for AP/PP/Rolex steel sports and now precious metal.

To be fair it's a great coup for all the watch makers, why would they release more with all the fighting going on to grab an entry level watch up to a PM with complication

Your either lucky enough to have them or you wanna grab on the coat tails of it All




Probably my comment would fit into your new thread also

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[Paul_I]

Originally Posted by Terrakot

It would be nice if the threads regarding prices, shortage and flipping could be separated from General forum into a special subforum

I very much agree.