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Dayhvac · 17 May 2019, 07:54 AM

There is a 5270p on chrono24 listed at $157k right now. If that helps at all.

Kittayos · 17 May 2019, 07:54 AM

440 ADs

Assume each receives 2 (2018 & 2019) = 880

Plus 1 more for 2020 assuming it’s discontinued next year (last delivery)

Still 1,300 pieces more or less

Price tag is 150-152k new in grey market so far if you sort it out and this is still in production. Can’t imagine if Patek keeps it going next year, what will happen to the price. It is a grail piece for sure. Sad to see the majority adores nautilus over such beauty.

5971p just sold for 212k at Antiquorum auction in Geneva last week. Deduct another 10% premium for the seller according to them. The guy only gets like 190k. Price is diving sadly.

jschmidtdmd · 17 May 2019, 08:52 AM

I just bought mine ~10 days ago and i certainly couldn’t find one for 157k. Are we sure that’s a real price?

Dayhvac · 17 May 2019, 08:56 AM

https://www.chrono24.com/patekphilip...-id9903773.htm

T3F · 17 May 2019, 09:07 AM

Thanks everyone, I think I'm just going to pass for now. I'm not ready to spend this amount when it's only been on my radar for a day or less, and it seems like I should be able to get another (even if not from an AD, but probably at a discount) if I change my mind. I'm usually not too concerned with value retention, but this one scares me given it looks like I could easily lose $50k+ if things go wrong. The 5970 also appears to be much more in favor than this and even those are only increasing at under 3%/year.

I still feel bad passing on it because I do love the watch and it would be a great account-builder, but this one just doesn't seem to make sense to buy at list unless you're 100% committed to never selling it. I've bought probably 25 watches over the past few years, all of which I fully intended on keeping forever when I got them, and I can only confidently say that there are 2 I'd never get rid of, so to say I don't satisfy that requirement is an understatement.

jschmidtdmd · 17 May 2019, 09:13 AM

Quote:

Originally Posted by Dayhvac

https://www.chrono24.com/patekphilip...-id9903773.htm

Wasn’t doubting you! That’s gonna be gone quick.

Everything I saw was 168-174 when buying.

Russell996 · 17 May 2019, 09:45 AM

Quote:

Originally Posted by jschmidtdmd

Wasn’t doubting you! That’s gonna be gone quick.

Everything I saw was 168-174 when buying.

Lot of people seem to buy tax free these days which is still considerably less and with your name on the papers.

jschmidtdmd · 17 May 2019, 10:25 AM

Quote:

Originally Posted by Russell996

Lot of people seem to buy tax free these days which is still considerably less and with your name on the papers.

Yep- from AD, name on papers, single sealed was 169 tax free

ppalasthira · 18 May 2019, 12:15 PM

5270p is my grail! Get it OP!

It’s a win win situation for you anyways cuz both of your choices absolute killer pieces.

If you are worried about value retention just wait it out for the 5740.

Sent from my iPhone using Tapatalk

Racerdj · 18 May 2019, 09:37 PM

My opinion only, every collection should have at least 1 Platinum watch. I try to ignore collectability and just concentrate on what I really like.

AhmedA · 24 January 2020, 05:38 PM

Just found this watch at a retailer in new condition for $155k, is that a good price? I love the watch but at this price range I always want to make sure I am not losing a lot of value. I don’t mind it going down 10% from here but anymore would really take away from my enjoyment. I have never sold a watch before but I always am comforted with the peace of mind that if I ever needed to sell, that they have retained most of their value.

Token74 · 24 January 2020, 06:08 PM

Have had one on the wrist at a Patek event, and wow! It is absolutely staggeringly beautiful. I’ve said before, I’d be tempted to trade my whole collection for it one. Seriously, pull the trigger. Sure, if you flip in a couple of years time, you’ll lose some coin. But you’ll likely have lost more in car depreciation in that time and not given it a second thought.

Sent from my iPhone using Tapatalk

Token74 · 24 January 2020, 06:10 PM

Quote:

Originally Posted by JBP99p

I never questioned your passion for watches, if you remember we shared a private pm regarding the 5270R and I continue to enjoy your posts. I was just saying that from my experience here in the UK, ADs generally have a week with the latest collection and with minimal effort it’s not hard to learn where it is doing the rounds. It wasn’t my intention to fall out with any forum members, my frustration expressed in my original post was born out of the continued speculative aspect of what seems most purchased lately. Nothing more nothing less.

Very fair.

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Token74 · 24 January 2020, 06:13 PM

Man, I hate it when I respond to a thread without first checking the OP date. Third time in a month. Why do I not learn. I’m too stupid to be on the PP forum.

Sent from my iPhone using Tapatalk

AhmedA · 24 January 2020, 07:21 PM

No worries man, your comment was greatly appreciated. I am on the fence on this watch but I really really like it... but the price is just crazy
I just needed a little encouragement :)

Fat_ninja · 25 January 2020, 12:16 AM

Quote:

Originally Posted by Token74

Man, I hate it when I respond to a thread without first checking the OP date. Third time in a month. Why do I not learn. I’m too stupid to be on the PP forum.

Sent from my iPhone using Tapatalk

Or you could have been drunk like my buddy Danestaff who is always at the glory hole. I mean watering hole. Sorry typo.

Token74 · 25 January 2020, 01:07 AM

Quote:

Originally Posted by Fat_ninja

Or you could have been drunk like my buddy Danestaff who is always at the glory hole. I mean watering hole. Sorry typo.

You’ll get us banned!!!

Sent from my iPhone using Tapatalk

ap1 · 25 January 2020, 01:35 AM

Quote:

Originally Posted by AhmedA

No worries man, your comment was greatly appreciated. I am on the fence on this watch but I really really like it... but the price is just crazy
I just needed a little encouragement :)

Yeah man, approved

nyc2la · 25 January 2020, 05:01 AM

I went.

AhmedA · 25 January 2020, 06:46 AM

Quote:

Originally Posted by nyc2la

I went.

So did I! Just curious is it the light in the picture or did you change the strap to a grey one?

nyc2la · 25 January 2020, 06:50 AM

Quote:

Originally Posted by AhmedA

So did I! Just curious is it the light in the picture or did you change the strap to a grey one?

I changed the strap to a custom Patek blue/grey strap. Depending on the lighting, it can be more blue or more grey.

Here, it’s more blue:

sensui · 25 January 2020, 07:01 AM

Quote:

Originally Posted by nyc2la

I went.

God I love this watch.....stunning IRL. Living the dream!

ap1 · 25 January 2020, 07:04 AM

This watch is a beauty. Sadly my wrist (or wallet) can’t pull it off

17 May 2019, 08:52 AM	#93
jschmidtdmd "TRF" Member Join Date: Jan 2010 Real Name: John Location: Denver Posts: 2,294	I just bought mine ~10 days ago and i certainly couldn’t find one for 157k. Are we sure that’s a real price? __________________ Watches!

17 May 2019, 09:07 AM	#95
T3F "TRF" Member Join Date: Nov 2017 Location: USA Posts: 457	Thanks everyone, I think I'm just going to pass for now. I'm not ready to spend this amount when it's only been on my radar for a day or less, and it seems like I should be able to get another (even if not from an AD, but probably at a discount) if I change my mind. I'm usually not too concerned with value retention, but this one scares me given it looks like I could easily lose $50k+ if things go wrong. The 5970 also appears to be much more in favor than this and even those are only increasing at under 3%/year. I still feel bad passing on it because I do love the watch and it would be a great account-builder, but this one just doesn't seem to make sense to buy at list unless you're 100% committed to never selling it. I've bought probably 25 watches over the past few years, all of which I fully intended on keeping forever when I got them, and I can only confidently say that there are 2 I'd never get rid of, so to say I don't satisfy that requirement is an understatement. __________________ Instagram: @watchadmiral

18 May 2019, 09:37 PM	#100
Racerdj 2024 Pledge Member Join Date: Apr 2013 Location: Indianapolis Watch: Patek-Philippe Posts: 16,832	My opinion only, every collection should have at least 1 Platinum watch. I try to ignore collectability and just concentrate on what I really like. __________________ Rolex and Patek Philippe

24 January 2020, 05:38 PM	#101
AhmedA "TRF" Member Join Date: Jan 2020 Location: Qatar Posts: 3	Found it for $155k Just found this watch at a retailer in new condition for $155k, is that a good price? I love the watch but at this price range I always want to make sure I am not losing a lot of value. I don’t mind it going down 10% from here but anymore would really take away from my enjoyment. I have never sold a watch before but I always am comforted with the peace of mind that if I ever needed to sell, that they have retained most of their value.

24 January 2020, 06:08 PM	#102
Token74 "TRF" Member Join Date: Dec 2012 Real Name: Vince Location: England Watch: Too many! Posts: 5,707	Have had one on the wrist at a Patek event, and wow! It is absolutely staggeringly beautiful. I’ve said before, I’d be tempted to trade my whole collection for it one. Seriously, pull the trigger. Sure, if you flip in a couple of years time, you’ll lose some coin. But you’ll likely have lost more in car depreciation in that time and not given it a second thought. Sent from my iPhone using Tapatalk __________________ Time is limited, make every second count. Patek Philippe Nautilus 5990 - AP Royal Oak 15300 - AP Royal Oak 15450 Blue - AP Royal Oak 15450 Silver - AP Royal Oak Offshore 26480 - Royal Oak Offshore 15710 - Rolex Sea Dweller 116600 - Rolex Daytona 116519 - Rolex GMT 126710 BLRO - Omega Speedmaster Reduced - JLC Reverso GMT Moonphase - TAG Microtimer - Dent Pocket Watch - JLC Atmos Phases de lune

17 May 2019, 07:54 AM	#91
Dayhvac "TRF" Member Join Date: May 2018 Location: NY Posts: 159	There is a 5270p on chrono24 listed at $157k right now. If that helps at all.

17 May 2019, 07:54 AM	#92
Kittayos "TRF" Member Join Date: Aug 2013 Location: Bkk Posts: 308	440 ADs Assume each receives 2 (2018 & 2019) = 880 Plus 1 more for 2020 assuming it’s discontinued next year (last delivery) Still 1,300 pieces more or less Price tag is 150-152k new in grey market so far if you sort it out and this is still in production. Can’t imagine if Patek keeps it going next year, what will happen to the price. It is a grail piece for sure. Sad to see the majority adores nautilus over such beauty. 5971p just sold for 212k at Antiquorum auction in Geneva last week. Deduct another 10% premium for the seller according to them. The guy only gets like 190k. Price is diving sadly.

17 May 2019, 08:56 AM	#94
Dayhvac "TRF" Member Join Date: May 2018 Location: NY Posts: 159	https://www.chrono24.com/patekphilip...-id9903773.htm

18 May 2019, 12:15 PM	#99
ppalasthira Banned Join Date: May 2007 Location: ASK Watch: SubC.5711.D500 Posts: 2,236	5270p is my grail! Get it OP! It’s a win win situation for you anyways cuz both of your choices absolute killer pieces. If you are worried about value retention just wait it out for the 5740. Sent from my iPhone using Tapatalk

24 January 2020, 06:13 PM	#104
Token74 "TRF" Member Join Date: Dec 2012 Real Name: Vince Location: England Watch: Too many! Posts: 5,707	Man, I hate it when I respond to a thread without first checking the OP date. Third time in a month. Why do I not learn. I’m too stupid to be on the PP forum. Sent from my iPhone using Tapatalk __________________ Time is limited, make every second count. Patek Philippe Nautilus 5990 - AP Royal Oak 15300 - AP Royal Oak 15450 Blue - AP Royal Oak 15450 Silver - AP Royal Oak Offshore 26480 - Royal Oak Offshore 15710 - Rolex Sea Dweller 116600 - Rolex Daytona 116519 - Rolex GMT 126710 BLRO - Omega Speedmaster Reduced - JLC Reverso GMT Moonphase - TAG Microtimer - Dent Pocket Watch - JLC Atmos Phases de lune

24 January 2020, 07:21 PM	#105
AhmedA "TRF" Member Join Date: Jan 2020 Location: Qatar Posts: 3	Hey No worries man, your comment was greatly appreciated. I am on the fence on this watch but I really really like it... but the price is just crazy I just needed a little encouragement :)

25 January 2020, 05:01 AM	#109
nyc2la "TRF" Member Join Date: Mar 2014 Real Name: Stephen Location: Beach Watch: 16660 Posts: 9,176	5270p: go or no-go I went. __________________ "Nothing great was ever achieved without enthusiasm." --- RWE

25 January 2020, 07:04 AM	#113
ap1 2024 Pledge Member Join Date: Mar 2013 Location: usa Posts: 19,036	This watch is a beauty. Sadly my wrist (or wallet) can’t pull it off

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