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14 March 2021, 09:25 PM | #1 |
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5167R Premium
Hey guys,
Would you consider paying a premium on the 5167R on the grey market? I was offered a 2021 brand new version for $70k USD. Pretty ridiculous and higher than market value but with the way the markets going right now, I don't see these going down. |
14 March 2021, 09:52 PM | #2 |
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I think you can get it by paying something less, not much less, but less.
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14 March 2021, 10:01 PM | #3 |
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hell no!
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14 March 2021, 10:58 PM | #4 |
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No, that is ridiculous. 1) watch prices don’t always go up, don’t bank on that (just remember how easily you could get many of these watches just a few years ago) and 2) I would be patient with these models. With all the hype people start thinking they need these watches too. Just make sure you actually love the watch before pulling the trigger.
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14 March 2021, 11:25 PM | #5 |
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It depends on how bad you want the watch and how that amount impacts you. If money is not an issue why would you not get the watch you want? Go for it.
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15 March 2021, 12:48 AM | #6 |
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It is overpriced.....by...alot..
So no... |
15 March 2021, 01:39 AM | #7 |
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Out of the ‘’hot’’ aquanauts and nautiluses the 5167R trades at one of the lowest premiums. In the UK, 31500gbp vs 45000ish on the secondary market. Whereas many are 100%+.
It’s also one of the nicest (in my opinion). The rose gold sports models that are large (5164R or the 5980R on strap) or on all-RG bracelets (5711R and 5980R) are perhaps a bit too much and can come across as bling-y but somehow the 5167R manages to straddle the sweet spot by virtue of being on a strap and its more modest size. Value is very relative but given these two factors, if you are going to pay a premium then the 5167R is probably the best possible option. |
15 March 2021, 03:18 AM | #8 |
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Not commenting on price but I think you need a darker complexion for the 5167R to look good. I have seen it on a blonde guy with pale skin and freckles and that didn't work well IMO.
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15 March 2021, 03:44 AM | #9 |
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Well, do your homework and you will find your answer... If paying a premium is worth it......??
Hint Hint... Just look at the trend history of people say they would not pay a premium on those hottest timepieces such as..... SS Daytona, SS Dweller Blue dial, Pepsi, Hulk, Nautilus, Aquanaut, etc......
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16 March 2021, 12:43 AM | #10 |
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LOL, they were selling at discount only a few years ago. So, ummm, heck no!
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16 March 2021, 02:38 AM | #11 |
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70K is pretty high for the 5167r but I guess this is where the market is right now. The SS version is in the 40s so this will cause the 5167r to go up also. Agree with others, only you can determine if this is a good price. If you really love it and have the funds then get it; it will probably cost more if buying from an AD.
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16 March 2021, 03:13 AM | #12 |
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No. Grey market pricing is ludicrous across the board...... Not just for Patek but Rolex as well.
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16 March 2021, 04:14 AM | #13 |
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Only under 2 conditions.
1. $70k isn't a big deal to me. 2. I don't care to own any other Patek's. Since I don't have $70k to drop and I'd also like to get other Patek watches if I had money, the answer would be no. |
16 March 2021, 06:50 AM | #14 | |
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Quote:
the rose gold is not as sought after as the steel and therefore have a relatively shorter waiting time with your AD. i am sure if you approach your AD and show interest in rose gold aquanaut they will allocate one for you. just don't be greedy and start by asking for a nautilus. go there and tell them what you want and you might get it
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16 March 2021, 07:23 AM | #15 |
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If you are contemplating a gold Patek watch at that price range, I would consider the usual AC/PC watches. Way better use of the funds imo.
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16 March 2021, 08:20 AM | #16 |
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Just my.02 but I would much prefer the 5146R
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16 March 2021, 08:44 AM | #17 |
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It’s only better if you actually like or want a gold AC/PC watch in a totally different style to what you have chosen, complications are not for everyone. My advice is get what makes YOU happy and don’t settle, you will only regret it and it will cost you more in the long run.
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16 March 2021, 08:50 AM | #18 |
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No way I would pay that. Its a nice piece but.....
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16 March 2021, 09:19 AM | #19 |
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That is what they sell for in the secondary market so unless you have a connection at an AD, yes, I would pay that. Everyone here knows that if you're not willing to buy grey market you're never going to own this watch. It's ridiculous to feign horror at the price and pretend that everyone who buys grey is a lunatic.
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16 March 2021, 09:21 AM | #20 |
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16 March 2021, 11:18 AM | #21 |
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5167R is a beautiful watch, according to my AD that is the least sought after Aquanaut.
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16 March 2021, 11:53 AM | #22 |
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16 March 2021, 01:26 PM | #23 |
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16 March 2021, 07:26 PM | #24 |
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When did you get your 5167a and how long did you wait if you don’t mind sharing, it may give a small insight into the current UK market.
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17 March 2021, 12:21 PM | #25 |
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Travel back in time and file a few patents... money will never be a problem.
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__________________ “Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming 'Wow! What a Ride!'” -- Hunter S. Thompson Sent from my Etch A Sketch using String Theory. |
19 March 2021, 06:58 AM | #26 |
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Get a 5205r. That's probably the best patek phillipe for the money.
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20 March 2021, 04:24 AM | #27 |
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definitely not worth it. just buy a 5205r
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20 March 2021, 08:00 AM | #28 |
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rather get 5164a if you are gona pay up
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27 March 2021, 04:58 AM | #29 |
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It’s a great great watch and underrated IMO. The current market is a bit skewed because of the ‘steel sport watch pandemic and then gold’s gotta be worth more hasn’t it’ world but I think if you look harder you can get one at a better deal than that though.
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27 March 2021, 05:05 AM | #30 |
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lol never :) but I'd buy a 5172G for that price on the grey market ... 70k is just stupid.
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