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Partpr · 4 April 2020, 06:48 AM

5212 retail
5205 $40

321Forever · 4 April 2020, 07:02 AM

1) 5711-1A blue - MSRP or less

I'm thinking it will be early 2021 that prices really soften, and from the secondary market especially. Right now, COVID-19 has not run it's course. So first, the first wave needs to pass. Then the secondary ripples of disease. Then viable treatment availability and hospital bed availability. Lastly, vaccines that work.

After all that happens, despite whatever governments do, the world is going to remain on "crippled" mode and luxury goods are going to be in low demand.

Bearxj86 · 4 April 2020, 07:04 AM

Quote:

Originally Posted by kauebm

Wow, that was fast. If they come down to 50k, that would be tremendous value, taking into account what this piece delivers.

Confirms my valuation estimate. Mid $60s sounds like "wow it dropped that much" but it isn't "let me pull out my check book". Goes to show that it has a ways more to drop before it becomes a no-brainer "buy"

KBM · 4 April 2020, 07:42 AM

Quote:

Originally Posted by bearxj86

Confirms my valuation estimate. Mid $60s sounds like "wow it dropped that much" but it isn't "let me pull out my check book". Goes to show that it has a ways more to drop before it becomes a no-brainer "buy"

At mid 60's, it already arguably delivers more than any other manual wind chrono in that range, because of the iced dial, but "no brainer" really is a strong term.

ts3 · 4 April 2020, 08:42 AM

I am wondering how many of those who'd buy a 5711/12 at MSRP today (or other stuff at the "right" price) will still be in the mood if prices indeed returned to MSRP (from 2-3x MSRP no less) after many months or a year or two of global misery. Some of the attraction may have evaporated, other issues may be more pressing, and some may then want to put all their funds towards other opportunities instead of ticking off a list of watches. Just saying...

dauster · 4 April 2020, 09:30 AM

Quote:

Originally Posted by jakemeister

1) 5711-1A blue - MSRP or less

I'm thinking it will be early 2021 that prices really soften, and from the secondary market especially. Right now, COVID-19 has not run it's course. So first, the first wave needs to pass. Then the secondary ripples of disease. Then viable treatment availability and hospital bed availability. Lastly, vaccines that work.

After all that happens, despite whatever governments do, the world is going to remain on "crippled" mode and luxury goods are going to be in low demand.

this +1

dysert · 4 April 2020, 10:40 AM

No harm in dreaming. Good luck but it's time to wake up.

liljctl · 4 April 2020, 10:52 AM

Quote:

Originally Posted by Fat_ninja

Really depends on how the economy shakes up... if unemployment is at 40% I won’t buy any watches... got better things to buy

You are back!

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GB-man · 4 April 2020, 11:02 AM

Quote:

Originally Posted by bearxj86

I saw these being sold in the mid 60s last week and I didn't bite. That's my logic.

You sold yours!

Not sure I’m chasing anything unless some crazy values appear. Like so crazy I won’t even mention the prices.

ezinhk · 4 April 2020, 11:38 AM

I'll take any 5970 @ 90k in a heartbeat but people are dying so not a time to buy luxury items.

Humble michael · 4 April 2020, 12:36 PM

Nawww , Jinn , just won’t happen imo ;-))

Fat_ninja · 4 April 2020, 12:43 PM

Quote:

Originally Posted by liljctl

You are back!

Sent from my Pixel 2 using Tapatalk

I am I want to change my name to Really fat Ninja lol

Fat_ninja · 4 April 2020, 01:30 PM

Quote:

Originally Posted by GB-man

You sold yours!

Not sure I’m chasing anything unless some crazy values appear. Like so crazy I won’t even mention the prices.

My over and under was off by 1-2 months

dchang81 · 4 April 2020, 02:21 PM

Quote:

Originally Posted by kauebm

At mid 60's, it already arguably delivers more than any other manual wind chrono in that range, because of the iced dial, but "no brainer" really is a strong term.

id trade my 5711 for that in a heartbeat

cascavel · 4 April 2020, 07:48 PM

Quote:

Originally Posted by ts3

I am wondering how many of those who'd buy a 5711/12 at MSRP today (or other stuff at the "right" price) will still be in the mood if prices indeed returned to MSRP (from 2-3x MSRP no less) after many months or a year or two of global misery. Some of the attraction may have evaporated, other issues may be more pressing, and some may then want to put all their funds towards other opportunities instead of ticking off a list of watches. Just saying...

Spot on. Price ideas will change, priorities will change, net worth will change.
Just curious if anyone has any thoughts on what will happen to the price of leveraged assets like real estate? How will developers of condos in large urban areas fare during this? What if you decide to move to the country and want to sell your apartment or townhouse, will you have any equity left?

CHEY · 4 April 2020, 08:02 PM

Quote:

Originally Posted by kauebm

Wow, that was fast. If they come down to 50k, that would be tremendous value, taking into account what this piece delivers.

Yes, the 5170p is awesome.

CHEY · 4 April 2020, 08:06 PM

Quote:

Originally Posted by bearxj86

i saw these being sold in the mid 60s last week and i didn't bite. That's my logic.

bnib?

Bearxj86 · 5 April 2020, 02:40 AM

Quote:

Originally Posted by CHEY

bnib?

Wasn't sealed but was unworn. It auctioned in a facebook group for $66.

sm1810 · 5 April 2020, 02:49 AM

Quote:

Originally Posted by bearxj86

Wasn't sealed but was unworn (1 piece). It auctioned in a facebook group for $66.

Nvm Moda - yes I remember

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Bearxj86 · 5 April 2020, 02:54 AM

Quote:

Originally Posted by sm1810

Nvm Moda - yes I remember

Sent from my iPad using Tapatalk

Yup

SL BRABUS · 5 April 2020, 04:43 AM

So you telling me that there are a lot of fake rich, who not buying those watch anymore....

The coronavirus crisis truly got rid of all the fake rich......

That is a good new for watch enthusiasts and collector.....

As I mention before.....

Cash is KING...^^^...

There will be a lot of opportunity of buying thing, not only watches...^^^..

If AD or somebody offer me the timepieces that I want at retail or discounts, I'll buy it.....

Some of you know what it is..lol....

Fat_ninja · 5 April 2020, 04:52 AM

Quote:

Originally Posted by SL BRABUS

So you telling me that there are a lot of fake rich, who not buying those watch anymore....

The coronavirus crisis truly got rid of all the fake rich......

That is a good new for watch enthusiasts and collector.....

As I mention before.....

Cash is KING...^^^...

There will be a lot of opportunity of buying thing, not only watches...^^^..

If AD or somebody offer me the timepieces that I want at retail or discounts, I'll buy it.....

Some of you know what it is..lol....

I’ll let myself out

SL BRABUS · 5 April 2020, 05:00 AM

Quote:

Originally Posted by Fat_ninja

I’ll let myself out

You an undercover fake rich.....

...lol......

Helmi · 5 April 2020, 05:33 AM

Quote:

Originally Posted by singe89

5990 somewhere around retail.

+1, and a 5711 @ retail

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Bearxj86 · 5 April 2020, 05:36 AM

The issue is that even if watches fall to these prices ; there is so many investment grade stuff to buy in the upcoming months that even real rich will feel poor

Bearxj86 · 5 April 2020, 05:38 AM

My mind is saying buy more assets on the cheap, my heart is listing after Gronefeld 1941 Romontoire

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Helmi · 5 April 2020, 05:43 AM

Quote:

Originally Posted by bearxj86

My mind is saying buy more assets on the cheap, my heart is listing after Gronefeld 1941 Romontoire

Sent from my iPhone using Tapatalk

That is fantastic watch. But I feel it is overly expensive for such a small brand.

By the way, would love to see similar thread in AP section.

thomaspp · 5 April 2020, 05:56 AM

Quote:

Originally Posted by bearxj86

My mind is saying buy more assets on the cheap, my heart is listing after Gronefeld 1941 Romontoire

Sent from my iPhone using Tapatalk

Independents will be worse than airline stock soon lol

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Calatrava r · 5 April 2020, 05:58 AM

Quote:

Originally Posted by Fat_ninja

Really depends on how the economy shakes up... if unemployment is at 40% I won’t buy any watches... got better things to buy

I think the watch market will take a long needed breather soon. No trades at those prices. Everything sorts itself out at some point then the action begins anew.

Calatrava r · 5 April 2020, 06:04 AM

Quote:

Originally Posted by thomaspp

Independents will be worse than airline stock soon lol

Sent from my iPhone using Tapatalk

It is regrettable but I think many high-end independents will struggle in a slowing economy. Hard to buy an expensive watch that has poor resale value and no guarantee anyone will be around to service and supply parts in the future.

5 April 2020, 04:43 AM	#51
SL BRABUS "TRF" Member Join Date: Mar 2009 Location: U.S.A Watch: Only Rolex & Patek Posts: 3,345	So you telling me that there are a lot of fake rich, who not buying those watch anymore.... The coronavirus crisis truly got rid of all the fake rich...... That is a good new for watch enthusiasts and collector..... As I mention before..... Cash is KING...^^^... There will be a lot of opportunity of buying thing, not only watches...^^^.. If AD or somebody offer me the timepieces that I want at retail or discounts, I'll buy it..... Some of you know what it is..lol.... __________________ Rolex Forum: Mainly Rolex & Benz pictures...!!! Click the above link to join the club...^^^... "SL BRABUS" aka BenzWorld Undercover Moderator

5 April 2020, 05:38 AM	#56
Bearxj86 "TRF" Member Join Date: Jun 2017 Location: Los Angeles Watch: 3970 Posts: 3,801	Ok - It's time My mind is saying buy more assets on the cheap, my heart is listing after Gronefeld 1941 Romontoire Sent from my iPhone using Tapatalk

4 April 2020, 06:48 AM	#31
Partpr "TRF" Member Join Date: Jul 2019 Location: Texas Posts: 107	5212 retail 5205 $40

4 April 2020, 07:02 AM	#32
321Forever 2024 Pledge Member Join Date: Jan 2017 Location: Orange County, CA Watch: SD43 Posts: 445	1) 5711-1A blue - MSRP or less I'm thinking it will be early 2021 that prices really soften, and from the secondary market especially. Right now, COVID-19 has not run it's course. So first, the first wave needs to pass. Then the secondary ripples of disease. Then viable treatment availability and hospital bed availability. Lastly, vaccines that work. After all that happens, despite whatever governments do, the world is going to remain on "crippled" mode and luxury goods are going to be in low demand.

4 April 2020, 08:42 AM	#35
ts3 "TRF" Member Join Date: Nov 2018 Location: Europe Posts: 3,239	I am wondering how many of those who'd buy a 5711/12 at MSRP today (or other stuff at the "right" price) will still be in the mood if prices indeed returned to MSRP (from 2-3x MSRP no less) after many months or a year or two of global misery. Some of the attraction may have evaporated, other issues may be more pressing, and some may then want to put all their funds towards other opportunities instead of ticking off a list of watches. Just saying...

4 April 2020, 10:40 AM	#37
dysert "TRF" Member Join Date: Dec 2009 Location: Texas Posts: 190	No harm in dreaming. Good luck but it's time to wake up.

4 April 2020, 11:38 AM	#40
ezinhk "TRF" Member Join Date: May 2012 Location: hk Posts: 691	I'll take any 5970 @ 90k in a heartbeat but people are dying so not a time to buy luxury items.

4 April 2020, 12:36 PM	#41
Humble michael "TRF" Member Join Date: Oct 2014 Real Name: James Cline Location: san antonio Watch: 5711 white , 5990, Posts: 1,218	Nawww , Jinn , just won’t happen imo ;-))

5 April 2020, 05:36 AM	#55
Bearxj86 "TRF" Member Join Date: Jun 2017 Location: Los Angeles Watch: 3970 Posts: 3,801	The issue is that even if watches fall to these prices ; there is so many investment grade stuff to buy in the upcoming months that even real rich will feel poor

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