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Old 29 May 2023, 07:18 AM   #1
salnuaimi
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5167A-001 for 56k$ USD

is it worth it ?

I'm eagerly wanting to add a Patek to my list ..
no Patek history but over 400k USD history with the same AD.
Unfornatelly been on the list for 5212 since release with no success and they refused to add my name for either 5167 or any nautilus . they only accepted for 5164R which I see it highly unlikely to be delivered with no Patek in my history .

That left me with one path only which is grey .. is the 5167 worth the price ? if yes why ? and if no , why not ?

Also would love to hear some genuine advice to what should I do to begin the Patek Journey .

Thanks
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Old 29 May 2023, 07:26 AM   #2
KJBrandal
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To be honest, with other $400k in spend on other brands they should be able to easily give you a nautilus or aquanaut. They know and trust you at that point and you shouldn’t accept anything less. I’ve received multiple nautilus’ and have a lot lower spend than that with my AD.
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Old 29 May 2023, 07:36 AM   #3
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To be honest, with other $400k in spend on other brands they should be able to easily give you a nautilus or aquanaut. They know and trust you at that point and you shouldn’t accept anything less. I’ve received multiple nautilus’ and have a lot lower spend than that with my AD.
yeah but he's in dubai. it's a totally different game over there

on the topic - i would have trouble paying that much for a steel aquanaut personally
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Old 29 May 2023, 08:02 AM   #4
salnuaimi
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yeah but he's in dubai. it's a totally different game over there

on the topic - i would have trouble paying that much for a steel aquanaut personally
Exactly .. Im a small fish here in Dubai with people spending over 1 m USD easily every few months
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Old 29 May 2023, 08:47 AM   #5
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Originally Posted by salnuaimi View Post
is it worth it ?

I'm eagerly wanting to add a Patek to my list ..
no Patek history but over 400k USD history with the same AD.
Unfornatelly been on the list for 5212 since release with no success and they refused to add my name for either 5167 or any nautilus . they only accepted for 5164R which I see it highly unlikely to be delivered with no Patek in my history .

That left me with one path only which is grey .. is the 5167 worth the price ? if yes why ? and if no , why not ?

Also would love to hear some genuine advice to what should I do to begin the Patek Journey .

Thanks
If you go grey, I would spend the few extra dollars and go 5164.
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Old 29 May 2023, 09:12 AM   #6
JettyOne
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5167A-001 for 56k$ USD

Every iteration of 5167 is boring, even if you want to be discreet. 5167 is barely worth it at AD

Go 5164 for the extra bit of complications, more exciting case, dial and strong Patek engineering. 5164 is the ultimate travel piece.
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Old 29 May 2023, 09:55 AM   #7
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Omg no a 5167 not worth 56k. Its not even worth MSRP. Its a stainless steel watch on a rubber strap. Your literally paying for the movement. Calatravas share the same movement but atleast they are in gold. I understand your situation, my advice is wait. Wait till the big fish stop cool down and pull back on their spending. Dont let your emotions control your watch decisions. At grey prices your going to lose money if you pay 56k for the aquanaut. If you wait, you might get the Nautilus or Aquanaut at MSRP. I would be more persistant at the AD. Email or call once a month. Ask for a manager and insisnt to them you deserve the watch you want. The Rolex's market is already softening, which is a sign for the rest of the market to soften as well. Just wait my friend and keep trying at the AD
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Old 29 May 2023, 10:14 AM   #8
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A couple years ago during Covid, the 5167a was trading at $27K with box and papers. I was waiting for them to drop a bit more and then they started to rise. I personally cant justify todays prices for an $18K watch
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Old 29 May 2023, 12:05 PM   #9
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No its not worth it
Trust me

Hardly worth retail

In 2015, i got bnib at 15% off from Indianapolis AD At around $16,000 if I recall

That is not a $55k watch


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Old 29 May 2023, 05:28 PM   #10
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Every iteration of 5167 is boring, even if you want to be discreet.
Yeah, so incredibly boring! , now who buys these things?!

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Old 29 May 2023, 05:48 PM   #11
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When everything was on fire… maybe.
But now? You can get Day Dates at retail or just below. I’d take that over a 5168 at 56k
Or an oyster flex Daytona.
I love my 5167, I really do. But I refuse to pay grey prices. You obviously have a lot of spend power, if I were you, boil down why you want to Aquanaut… assuming it is not for the brand on the dial.
Thinness? Independent? Water resistance?
Look at a Parmigiani Tonda Pf, Czapek Antartique , hell the Bulgari Octo Finissimo is great as well.
But if it is the brand on the dial. Screw it. Just go grey. The hobby is in the trash right now for anyone that doesn’t have crazy amounts of cash.
I really hope it cools down again but given all the social media coverage and mainstream media? Cat is out of the bag :(
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Old 30 May 2023, 03:25 AM   #12
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Originally Posted by salnuaimi View Post
is it worth it ?

I'm eagerly wanting to add a Patek to my list ..
no Patek history but over 400k USD history with the same AD.
Unfornatelly been on the list for 5212 since release with no success and they refused to add my name for either 5167 or any nautilus . they only accepted for 5164R which I see it highly unlikely to be delivered with no Patek in my history .

That left me with one path only which is grey .. is the 5167 worth the price ? if yes why ? and if no , why not ?

Also would love to hear some genuine advice to what should I do to begin the Patek Journey .

Thanks
If you have spent over $400k with one AD and you want to get a Patek from an AD, you can inquire if they are willing to bundle with other watches that you may be interested. You didn't say if you spent $400K over 10 years or over 1 year. As you mentioned, some major watch collectors in Dubai and all the "hot" watches will go to existing big rollers.

Otherwise life is short! If you have the cash and don't mind spending extra $$$ preowned and the watch will make you happy (for a short while or maybe for several years) go for it! In the grand scheme of things, if you spent $400K at one AD alone, $56K USD may not be a large sum for you.

I have owned my 5167A for 10+ years and it is a keeper!
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Old 30 May 2023, 04:33 AM   #13
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Yeah, so incredibly boring! , now who buys these things?!


I agree. These are boring watches, indeed. ;) Who would want to own any of them? Madness!




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Old 30 May 2023, 04:47 AM   #14
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If I could own only one watch it would be the 5164a
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Old 30 May 2023, 09:42 AM   #15
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@top g

Yep
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Old 30 May 2023, 11:41 AM   #16
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It's a gorgeous watch, but that number is tough to swallow. I'd be more inclined to spend a little more and get a 5164 of some sort.
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Old 30 May 2023, 12:11 PM   #17
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Spending a bit more for a 5164 just because it has travel time function doesn’t make any more sense than just buying the cleaner, classic 5167. From experience, it is a surprisingly endearing watch for a ‘basic’ piece, and I prefer it as a cleaner dial. Now, if you want to pay more and level up, then that should be for the 5968 (in Demonoid’s awesome picture above). Otherwise, there’s a classic beauty to the 5167. However, you know that is a big premium to pay for a basic watch…even the MSRP is not easily justified. The point is that it’s all relative, so if you value the experience of this watch at this price then go for it.
Good luck.
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Old 30 May 2023, 01:02 PM   #18
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I agree. These are boring watches, indeed. ;) Who would want to own any of them? Madness!




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Lol such a great pic - love it


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Old 30 May 2023, 08:37 PM   #19
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If you can afford it, buy it.
Not many people on this Patek Forum would sell their 5167a just because they can get over retail for it. A lot of people, here, could double their money by selling their Aquanauts, but they don't, so I guess they'd prefer the watch to the money. And how many people would trade their 5167a for a Rolex Day-Date?
The amount of drool that's been expended looking at Demonoid's pics of his Aquanauts would, likely, fill a bathtub. And that's just me.

Last edited by cascavel; 30 May 2023 at 08:40 PM.. Reason: Added some more drivel.
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Old 30 May 2023, 10:17 PM   #20
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Spending a bit more for a 5164 just because it has travel time function doesn’t make any more sense than just buying the cleaner, classic 5167. From experience, it is a surprisingly endearing watch for a ‘basic’ piece, and I prefer it as a cleaner dial. Now, if you want to pay more and level up, then that should be for the 5968 (in Demonoid’s awesome picture above). Otherwise, there’s a classic beauty to the 5167. However, you know that is a big premium to pay for a basic watch…even the MSRP is not easily justified. The point is that it’s all relative, so if you value the experience of this watch at this price then go for it.
Good luck.
yea another aspect re 5167 vs. 5164 - the former is 8.1mm in height while the latter is 10.2 (personal preference ofc)
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Old 31 May 2023, 11:20 PM   #21
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Yeah, so incredibly boring! , now who buys these things?!

Who on earth would want such a beautiful gold watch which looks like copper and with a clean and simple dial with hacking seconds? A basic Aquanaut, as the designers first intended and with no distracting complications.

I’ll ask me… I would, I bought A 5167R at retail.
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Old 1 June 2023, 01:45 AM   #22
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5167 is NOT boring. It's a great 20-25k watch. 56k USD? No way.
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Old 1 June 2023, 10:08 PM   #23
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I was going to sell mine, pulled it out of the safe and while taking it home from the bank wearing it I decided not to sell it even at the obscene current price.

You can always get more money, but can you always get more 5167? No!
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Old 2 June 2023, 07:16 AM   #24
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Spending a bit more for a 5164 just because it has travel time function doesn’t make any more sense than just buying the cleaner, classic 5167. From experience, it is a surprisingly endearing watch for a ‘basic’ piece, and I prefer it as a cleaner dial. Now, if you want to pay more and level up, then that should be for the 5968 (in Demonoid’s awesome picture above). Otherwise, there’s a classic beauty to the 5167. However, you know that is a big premium to pay for a basic watch…even the MSRP is not easily justified. The point is that it’s all relative, so if you value the experience of this watch at this price then go for it.
Good luck.
Guess all down to personal pref. For me 5164 Travel function I would use, 5698 I wouldn't. I also think the 5164 looks the coolest also!
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Old 2 June 2023, 10:27 AM   #25
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Old post


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