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26 May 2018, 11:43 AM | #1 |
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5711 and Platona prices are getting so close...
I’ve seen preowned Platonas around 55k, a bit more than some 5711s... now that’s a tough one!
For the money, I think I would go Platona. Prices continue to get out of whack, lucky for me my 5167 and 15202 are starting to get out of whack as well, being a flipper this is most welcome.
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26 May 2018, 11:45 AM | #2 |
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You have mental issues if you drop $55k on a used 5711.
*Unless you're making 7 figures, at that point, who cares. |
26 May 2018, 11:56 AM | #3 |
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I would choose a 5711 over a platona any day, any time.
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26 May 2018, 01:25 PM | #4 |
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wow 50k for a 5711... well at least makes the 5712, 5726, 5980, and 5990 pretty reasonable by comparison.
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26 May 2018, 01:37 PM | #5 |
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Especially when the SRP on the 5711 was under 25k at the end of the year. Wow
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26 May 2018, 01:37 PM | #6 |
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preowned plat daytonas are under 50 it seems. the 5711 outpaced it
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26 May 2018, 02:03 PM | #7 |
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I get the whole “Patek” thing, I really do. I even have a vintage calatrava. Two things I do not get are the aquanaut and nautilus. I’ve seen them in the metal many times as I have two friends that own the pair between them. I'm not so surprised that I don’t care for the styles, I’m just baffled that they are so popular and cost so damn much.
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26 May 2018, 02:09 PM | #8 |
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Which one will be worth more in 5 years? In 2 years? In 2 months? The answer is rather obvious isn’t it?
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26 May 2018, 02:13 PM | #9 |
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Daytona a more solid bet for value retention.
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26 May 2018, 02:15 PM | #10 | |
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Quote:
Maybe there's a Patek forum someplace where everyone gets excited about Rolex Cellinis. |
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26 May 2018, 03:19 PM | #11 |
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Great for me, value wise, but still insane IMO....
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26 May 2018, 03:45 PM | #12 |
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26 May 2018, 05:34 PM | #13 | |
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Quote:
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26 May 2018, 05:41 PM | #14 |
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a platinum daytona is a 12k watch made in Platinum a 5711 is a 30K retail watch selling for 50k. I cant see how the 5711 is still not considered a better value.
One is deeply discounted and the other isnt. that also says a lot.
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26 May 2018, 08:23 PM | #15 |
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100% agree with this when comparing SS to SS at current grey values.
In 5 years, I definitely believe a $55k 5711 will dip in value much more than a $20k DaytonaC. I mean, one must remember that a Daytona has been around MSRP for quite some time (or even higher) and WAY more people buy Rolex. A Nautilus just a few years ago could be bought at a discount. Even if pigs fly and this market doesn’t come crashing along with the economy, the 5711 is still going to and it will snowball down faster than anything ever seen before. Not saying it will dip below MSRP, but you’re still talking about it taking a $25k bath. That’s insanity. All the naysayers can disagree but Patek is purely hyped by social media and rapper right now. Hardly any ‘normal’ Person even knew of Patek 5 years ago. The thing is, the trend won’t be cool in 5 years, Hypebeasts don’t want stuff that was cool 3-4 years prior, it has to constantly evolve and change. When Normal Norm is aware of and buying the ‘hot stuff’.....it’s no longer cool, at all. You’ll see the wait lists diminish, and fast. And I will welcome this with open arms so I can waltz into my local Patek dealer and say ‘I want that one’ and strap a blue Nautilus to my wrist. |
26 May 2018, 10:19 PM | #16 | |
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Quote:
Hard to argue with that. I’ve come realize, especially in this market, it’s not what you pay... but what it’s worth. And (at least right now) a 5711 is worth a hefty premium over MSRP. A Daytona isn’t. The market will ultimately determine which is a better value in the long run. If I were a betting man though I’d be putting my money on the Patek. Sent from my iPhone using Tapatalk
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26 May 2018, 10:22 PM | #17 |
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They're very different and not really comparable other than price. With that said if I could only have one I'd take the 5711.
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26 May 2018, 10:28 PM | #18 |
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I’m surprised people consider these watches different. I’d wear either under same circumstances. Both sporty watches you can dress up a little. I probably take Platinum Daytona at current 5711 prices. But honestly I’d take steel Daytona and save the $$$. All amazing watches!
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26 May 2018, 10:29 PM | #19 | |
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This to me is a self perpetuating cycle - as more people realise it is so hard to get a 5711 at list price they will either wait or pay a premium to have it on their wrists ASAP. This is pretty much the same as what has happened with Rolex Daytona’s such as the 16520 Zenith and more recently with the 116500. This doesn’t look like a bubble to me... |
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26 May 2018, 10:33 PM | #20 |
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I dont see the Platona being a classic down the line in terms of its SS counterpart and 5711.
However in saying that its best to buy what one likes, I prefer the white 116500 over the Platona so would rather keep the $$$ |
26 May 2018, 10:36 PM | #21 | |
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Quote:
However, for a watch made of solid platinum, the Daytona is a pretty good value at the discounted price |
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26 May 2018, 10:47 PM | #22 |
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i actually really like it, minus the bezel color. If not for that i would be more drawn to it. Some people like it, i just have never come around on that.
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26 May 2018, 10:51 PM | #23 |
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I love the ice blue dial of the Platona, more than the steel blue of the 5711a, and the platinum, but not so keen on the brown or the owl subdials, and prefer the design of the rounded octagon... so I'm on the fence really. If only one had no brown and/or the other had the new vibrant blue dial.
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26 May 2018, 11:18 PM | #24 |
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26 May 2018, 11:19 PM | #25 |
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D500 and 5711 from AD is the direction I’d go. That’s 43k
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26 May 2018, 11:24 PM | #26 |
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yep. that one has been keeping me up at night. Love it and i cant bear the thought of getting rid of my 5164. Both though is way too redundant for me.
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26 May 2018, 11:26 PM | #27 |
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You have the wrist for it........I my 64 but it’s clearly MAX for my girlie wrist. Cala is dual time too so could make sense. Oh and 5990 so I’d say you have that function covered!
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26 May 2018, 11:51 PM | #28 |
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26 May 2018, 11:56 PM | #29 |
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27 May 2018, 12:12 AM | #30 | |
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Quote:
Actually I agree with dmash. I did want to get a 5711 because it’s a beautiful piece not because it’s rare (due to lack of supply). However the current stock out has put me off. And I won’t be making other attempts to get one. Im also not a person who would pay a premium for a watch. I also think it’s the brands responsibility to ensure that they have just about enough stock so that buyers don’t go through hoops trying to buy their products. Long term this is what disengages customers. Don’t know if the hype will end but the current situation is disappointing. Sent from my iPhone using Tapatalk |
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