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Old 6 March 2019, 06:47 AM   #1
Bearxj86
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Basically you should buy every aquanaut and nautilus you can get

It used to be that the 5712R the 5164R two tone 5980AR and others used to trade at or around retail or below slightly below retail pre-owned. These past few months they are all trading at a premium.

Basically buy....every single last one of them if you can get your hands on one?

It's kind of frustrating now with the premiums so high...
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Old 6 March 2019, 07:09 AM   #2
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I think it is too risky to buy any nautilus just because they trade at premium nowadays. If an economical slow down happens, those models stated above will be hit hard.

Strictly from value retention point of view, I think steel 5711, 5712 and probably the 5990 are the only models that will always retain their values.

Just my 0.02...
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Old 6 March 2019, 07:34 AM   #3
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Economic downturns hardly ever happen. It's been so long since we've had one in the U.S. that 50% of people working in finance have never experienced one. Too much time spent worrying about it.
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Old 6 March 2019, 07:41 AM   #4
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So I should not buy buy buy?
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Old 6 March 2019, 07:44 AM   #5
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If you’re doing it for money absolutely. They all sell at a premium from what I can see. So dumb 2 years ago 5712R and 5164R use to be in every case. Go back far enough ditto 5726/1A, 5980 etc.

Buying them for some sort of hold long term investment is quite risky imho.
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Old 6 March 2019, 07:45 AM   #6
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economic downturns hardly ever happen. It's been so long since we've had one in the u.s. That 50% of people working in finance have never experienced one. Too much time spent worrying about it.
gfc 2007-2008 ?
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Old 6 March 2019, 07:55 AM   #7
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gfc 2007-2008 ?

I loved the GFC.
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Old 6 March 2019, 08:21 AM   #8
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Too mainstream, sad i never see a minute repeater here. But yes, flippers rejoice because this ime is different. I'm so glad I left the whole Patek thing. It has no resemblance really to what it was.
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Old 6 March 2019, 08:23 AM   #9
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The economy only ever goes up.............

Meanwhile I’m years away from my 5711 :(
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Old 6 March 2019, 08:23 AM   #10
Bearxj86
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I meant buy every single one at Retail if you get the opportunity. :)
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Old 6 March 2019, 10:42 AM   #11
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I’d buy one immediately if they are available at retail. There are many new owners of nautilus (or aquanaut, RO) want to join the club. The number will only get bigger.


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Old 6 March 2019, 11:30 AM   #12
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Yes of course. Is this some epiphany you just had?

It’s so tiresome reading posts comparing one Nautilus against another. Just buy whatever you get offered, easy.
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Old 6 March 2019, 11:46 AM   #13
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These absurd increasing prices over retail for the 5711 make me cautious of wearing mine daily.
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Old 6 March 2019, 12:10 PM   #14
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I meant buy every single one at Retail if you get the opportunity. :)
it sounds so easy but the key word here is IF. I don't think anyone would pass up the chance to buy any Nautilus or Aquanaut at retail, but the reality is, it is going to be very hard to do that.

I've come to accept this already, even with hot Rolex models, even my AD cannot give me stocks. So if there is reasonable price in grey market and I really like it, then I go for it
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Old 6 March 2019, 01:25 PM   #15
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These absurd increasing prices over retail for the 5711 make me cautious of wearing mine daily.
I couldn’t agree more. Recently, I find myself wearing my 5711 less than any of my other watches in part because of this meteoric increase in value. I still love the watch, but I’m far more cautious with it.
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Old 6 March 2019, 01:58 PM   #16
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I'm confused. Are you actually frustrated with the current situation? Because advising people to buy "every last one they can get their hands on" implies flipping, which obviously just makes the situation worse.
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Old 6 March 2019, 02:39 PM   #17
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Obvi
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Old 6 March 2019, 03:06 PM   #18
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it sounds so easy but the key word here is IF. I don't think anyone would pass up the chance to buy any Nautilus or Aquanaut at retail...
I've passed on a 5164a, 5711r, 5726a already. It just depends on where your priorities are.
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Old 6 March 2019, 03:45 PM   #19
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to think a few years ago i turned down a 5726a, 5712a, 5711r all with a discount. i feel even crazier considering trading a 5711 for a gondolo 5200.
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Old 6 March 2019, 05:25 PM   #20
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Quote:
Originally Posted by Helmi View Post
I think it is too risky to buy any nautilus just because they trade at premium nowadays. If an economical slow down happens, those models stated above will be hit hard.

Strictly from value retention point of view, I think steel 5711, 5712 and probably the 5990 are the only models that will always retain their values.

Just my 0.02...


Yes
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Old 6 March 2019, 05:27 PM   #21
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Quote:
Originally Posted by cascavel View Post
Economic downturns hardly ever happen. It's been so long since we've had one in the U.S. that 50% of people working in finance have never experienced one. Too much time spent worrying about it.


You are just too young mate it was 12yrs ago and even now knocks on the door,recommend to visit other sites not just watchforums it can saves yr money
for eg.
zerohedge.com
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Old 6 March 2019, 08:23 PM   #22
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I've passed on a 5164a, 5711r, 5726a already. It just depends on where your priorities are.
Totally agree.

My AD keeps telling me to get the 5711 blue but it just doesn't spark joy (I already have the 5711 white.) She guarantees I'll get it within 2-3 months, 6 months at most.

From an altruistic point of view, if I don't buy the 5711 blue then hopefully someone who really likes it will get mine.

Obviously ADs feel it's safer to sell the 5711 to a regular customer than someone with no history. But I don't want to flip and ruin my relationship with the AD, and I also don't want to buy a watch that I don't have really strong feelings for.

(Please note: I won't entertain offers to buy the watch for you / introduce you to my AD ...)
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Old 6 March 2019, 08:28 PM   #23
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Originally Posted by bearxj86 View Post

Basically buy....every single last one of them if you can get your hands on one?

It's kind of frustrating now with the premiums so high...
that is quite the paradox. One thing leads to the other.
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Old 6 March 2019, 08:43 PM   #24
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I’m by no means the eldest on this forum but I’ve lived through a few economic downturns and with the exception of the last (2007), each time the global economy has taken battering which took a long time to recover.

My experience has taught me that good times (which we’re currently experiencing) will not last forever. By the time there’s a media realisation that the tide has turned, it will already be too late for most people.

It might seem unthinkable but I remember witnessing mass retail bankruptcies, blanket hiring freezes, a surge in unemployment, increased crime, public services decline.


Enjoy your watches, don’t buy at the top of any market and don’t ever buy watches as investments.
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Old 7 March 2019, 01:56 AM   #25
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I’m by no means the eldest on this forum but I’ve lived through a few economic downturns and with the exception of the last (2007), each time the global economy has taken battering which took a long time to recover.

My experience has taught me that good times (which we’re currently experiencing) will not last forever. By the time there’s a media realisation that the tide has turned, it will already be too late for most people.

It might seem unthinkable but I remember witnessing mass retail bankruptcies, blanket hiring freezes, a surge in unemployment, increased crime, public services decline.


Enjoy your watches, don’t buy at the top of any market and don’t ever buy watches as investments.
Very much agree - it seems like the GFC is hardly remembered in the US and in Asia and there are definitely signs of complacency in some posts on this forum. In the Eurozone, however, the last decade has not exactly been smooth riding - just look at unemployment in Southern Europe...
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Old 7 March 2019, 02:03 AM   #26
Bearxj86
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Very good advice. For us newer collectors (5 years or less) we've enjoyed this period of high liquidity for many watches. Good to bear in mind.

Quote:
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Very much agree - it seems like the GFC is hardly remembered in the US and in Asia and there are definitely signs of complacency in some posts on this forum. In the Eurozone, however, the last decade has not exactly been smooth riding - just look at unemployement in Southern Europe...
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Old 7 March 2019, 02:08 AM   #27
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You are just too young mate it was 12yrs ago and even now knocks on the door,recommend to visit other sites not just watchforums it can saves yr money
for eg.
zerohedge.com
Idk how young these folks are I’m 31 and I remember it well. That’s because I graduated undergrad in finance in 2009 lol

Did my internship at ML in 2008. That was fun.
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Old 7 March 2019, 02:10 AM   #28
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to think a few years ago i turned down a 5726a, 5712a, 5711r all with a discount. i feel even crazier considering trading a 5711 for a gondolo 5200.

Thats cause u are in Cleveland. I have a lot of friends in cleveland but they have very different taste :)

I joke. Just had dinner in NYC with my friend from cleveland

He sports this.
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Old 7 March 2019, 02:20 AM   #29
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Idk how young these folks are I’m 31 and I remember it well. That’s because I graduated undergrad in finance in 2009 lol

Did my internship at ML in 2008. That was fun.
First i learn you are not in the Uk
Then I learn you are 31. My mind is blown.
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Old 7 March 2019, 02:22 AM   #30
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Thats cause u are in Cleveland. I have a lot of friends in cleveland but they have very different taste :)

I joke. Just had dinner in NYC with my friend from cleveland

He sports this.

whos your friend barbie? or a drag queen , hence why u like beads
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