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19 January 2019, 10:32 PM | #1 |
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Is nautilus prices moving?
I occasionally look but have prices been moving up in the past 2 months? Or is it just me?
I know its just the ask but some of these numbers look ridiculous. I see high offerings on the 5990 at usd90k Someone must have an account somewhere to track prices like a stock chart. It would be interesting to see the different references price move. |
19 January 2019, 10:36 PM | #2 |
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19 January 2019, 10:43 PM | #3 |
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You can get these charts at chrono24.com after adding the model to your watch collection.
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19 January 2019, 10:45 PM | #4 | |
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Assume chrono had something like that... i havent joined there yet im resisting joining...otherwise id be on it all the time. |
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19 January 2019, 10:47 PM | #5 |
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... what you should get there is how the average asking price of the watches listed on chrono24.com evolved over time. So I agree, this is different from the prices those watches are moving at, which we cannot know anyways...
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19 January 2019, 10:47 PM | #6 |
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Btw was only curious since tiffany and chow tai fuk came out with sales trends data and reichemont. Which wasnt exactly exciting
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19 January 2019, 10:48 PM | #7 |
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The news will be when asking prices really start to fall in concert.
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19 January 2019, 10:55 PM | #8 | |
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Originally i thought that as well but 80/20 rule. If patek makes 50k total watches 10k are nautilus and aquanaut at best. Thats 10k of desirable watches which become more desirable as price goes up. FOMO and all. There surely is enough wealth in aystem to support this watch stoock/inventory. Also my gut tells me people are using watches as asset class which means it could be a USD proxy. In case the world falls...especially in china/hk its a liquid asset for cash Sorry i think of non sense while im exercising |
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19 January 2019, 10:58 PM | #9 | |
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I really doubt that figure is more than 5k
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19 January 2019, 10:59 PM | #10 |
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20 January 2019, 12:07 AM | #11 |
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They are going up, up and away!
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20 January 2019, 12:11 AM | #12 | |
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20 January 2019, 12:57 AM | #13 | |
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no interest in selling, but seriously if someone wants it for that, its theirs
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20 January 2019, 01:38 AM | #14 |
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I have also noted that prices are still moving up. I can recall Watchfinder had 4 5711As and now only has 2 pieces and asking price is around £ 45000. Prices will go up further if Patek discontinues certain models.
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20 January 2019, 02:41 AM | #15 |
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https://www.chrono24.com/patekphilip...-id9023438.htm
that must be a mistake right? 1 million??? And $90k, wow! Pretty ridiculous... guess this will test if it’s truly a Veblen good |
20 January 2019, 03:55 AM | #16 |
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As we have seen plenty of rumours prove to be baseless, I am generally skeptical to those who believe they have advance knowledge of PP’s product development plans. With that in mind, I have been told a few times in recent months that the 5712 is on the chopping block for Baselworld 2019. With the introduction of the 5740/1G and demand for this presumably higher margin piece, I can see a logic in freeing up calibre 240 supply from the 5712 offering. Perhaps there is anyway enough excess supply of this movement available from other calibration 240 pieces, not least the glut of eg 5327 references.
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20 January 2019, 04:55 AM | #17 | |
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20 January 2019, 09:17 AM | #18 |
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I can understand 5k-10k max for a Nautilus who are in production but the price is astronomical!!
For Nautilus who are not in production anymore the market it’s free!! |
20 January 2019, 09:42 AM | #19 |
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20 January 2019, 01:49 PM | #20 |
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Take a look at the following:
https://www.watchpricetrend.com/Pate...1A-010-14.html Prices are still trending up even after the Dec 2018 stock market drop! |
20 January 2019, 05:55 PM | #21 |
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the 5711P is selling between 200 and 220K EURO today and it seems the demand is still high
cheapest today are at 210K euro A friend of me wanted to buy one, found one on chrono24 for about 190K , contacted the seller be he told it was already sold
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20 January 2019, 07:23 PM | #22 | |
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he can have mine for that |
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21 January 2019, 01:02 AM | #23 |
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The prices continue to go up. Demand continues to outpace supply. If you want a Nautilus now and cannot wait buy grey now to lock in a price.
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23 January 2019, 04:11 AM | #24 |
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If Patek is sold, I would any new owner would increase SS production across the board and steel prices aftermarket will be retail or less once the added stock hits the market. This is how it should be.
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23 January 2019, 05:28 AM | #25 |
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A return to the days of buying an SS reference and then losing 10% if you sell would be welcome in my book.
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23 January 2019, 05:42 AM | #26 |
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23 January 2019, 06:02 AM | #27 |
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nobody is paying those ridiculous prices
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25 January 2019, 04:02 AM | #28 |
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Oh, plenty of people are. It doesnt help that some of the watch auction companies (obviously grain of salt) have noted that while Vintage Rolex has peaked (at least for the meantime), they are calling for Patek sport watches to be the next boom, even after knowing the current market. Either way, I don't see prices dipping at all for 5711 and 5712 models nearly at all from where they currently are...you can't even get on ANY list, most of which stopped at 5-10 years. It's crazy.
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9 June 2019, 11:44 PM | #29 |
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I went back to a thread I started in Jan...
The 5990 high ask is 150k for an in production watch that msrp 54k That reminds me...I’m going to resize my wife’s watch for myself today. |
10 June 2019, 12:56 AM | #30 |
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There's something very wrong when a simple 3 hands nautilus like the 5711 is fetching more than a Patek perpetual calendar chronograph 5270. Most of this price increase is support by demand ( and low production ). It means my one and only Nautilus is increasing in value day by day which I should be "happy". But that just about rules me out of any future Nautilus purchase as well.
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