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AK797 · 22 January 2020, 02:24 AM

There will be a spike in used prices as greys raise prices automatically, then it's a question of market forces and esp what replaces it if anything.

AK797 · 22 January 2020, 02:26 AM

Quote:

Originally Posted by cascavel

Isn't the real difference between 5 years ago and today that the amount of wealth in existence has doubled?

I'd say just as important is the amount of wealth that is willing to buy and ofc then show off the money they have spent on watches has gone thru the roof. It is like the TRF enabling effect has gone viral. We used to be a closed club, not anymore.

Bearxj86 · 22 January 2020, 02:31 AM

I actually think this is going to raise all nautilus prices. As the white goes up so will the blue. A rising tide raises all boats

Fat_ninja · 22 January 2020, 02:38 AM

Quote:

Originally Posted by bearxj86

I actually think this is going to raise all nautilus prices. As the white goes up so will the blue. A rising tide raises all boats

Still on the $100k number?

Bearxj86 · 22 January 2020, 02:53 AM

Quote:

Originally Posted by Fat_ninja

Still on the $100k number?

Yes. Once the Rolex fanboys (bear in mind production is 20x Patek) get their fill of one upping their buddies of PM Yellow Daytona and Day Dates and Hulks and Batman/Batgurls and Sky Dwellers and Pepsis and Daytonas what is the natural next frontier?

APs, Pateks are truly the only "limited" models available that are both practical, beautiful and have an amazing brand in the $50k to $100k price point (excluding RM which is abit more).

Look to see an uptick in Patek Sports, AP sports (exotic materials) in 2020.

GreenLantern · 22 January 2020, 04:29 AM

Quote:

Originally Posted by unknown

What are you talking about??
Every steel nautilus had a waiting list since 2006
The premium was not that big

But never, never, never were they widely available at your AD
And 30% discount??? NEVER !!

Not in the US.

I've seen many Steel Nautiluses sitting in glass boxes in the mid-2010's. No discount, though.

Bearxj86 · 22 January 2020, 04:55 AM

Quote:

Originally Posted by GreenLantern

Not in the US.

I've seen many Steel Nautiluses sitting in glass boxes in the mid-2010's. No discount, though.

The same was the case for Rolexes - Hulks, Batman, Steel sports as early as 2016/2017 - you could even get a discount and some of these were trading below MSRP. I don't think we're going back there anytime soon.

I think instagram and social media has significantly increased the desirability of these watches. I don't think we're going back there ever again to be honest.

GreenLantern · 22 January 2020, 05:02 AM

Quote:

Originally Posted by bearxj86

The same was the case for Rolexes - Hulks, Batman, Steel sports as early as 2016/2017 - you could even get a discount and some of these were trading below MSRP. I don't think we're going back there anytime soon.

I think instagram and social media has significantly increased the desirability of these watches. I don't think we're going back there ever again to be honest.

Agreed. In fact, when I got my first Hulk, I got it at a discount without even asking. Same goes for my first Batman.

We're definitely not going back there again. That's not necessarily a bad thing.

What I do think is bad is the lack of price controls in that no one's moderating supply to meet the demand. So we're getting into situations where some pieces are literally unobtainium, and those that are profiting are the grey market dealers (vs. the ADs themselves who incur a lot of the burden of carrying a brand and supplying the market).

GB-man · 22 January 2020, 05:03 AM

I would bet my house blue dial 5711s will be under 40k use at some point this decade. Probably within 5 years but I wouldn't bet my house lol

jonnyz1245 · 22 January 2020, 07:19 AM

Quote:

Originally Posted by unknown

What are you talking about??
Every steel nautilus had a waiting list since 2006
The premium was not that big

But never, never, never were they widely available at your AD
And 30% discount??? NEVER !!

2014 and 2015 Wynn in Las Vegas had a SS blue and a SS white 5711 in stock unsold and they would have sold at a discount. I tried them both on during different visits.

martinr · 22 January 2020, 07:39 AM

In 2014 AD’s in LA and SF had white dial 5711’s sitting in the case. And the AD in Beverly Hills told me 12% discount.

CamSLC · 22 January 2020, 08:11 AM

I got mine in fall of 2015 sitting in a display case with a small discount. They really spiked the next spring I think.

The Argonaut · 22 January 2020, 08:19 AM

Quote:

Originally Posted by GB-man

I would bet my house blue dial 5711s will be under 40k use at some point this decade. Probably within 5 years but I wouldn't bet my house lol

I like this.

V25V · 22 January 2020, 08:28 AM

Quote:

Originally Posted by jonnyz1245

2014 and 2015 Wynn in Las Vegas had a SS blue and a SS white 5711 in stock unsold and they would have sold at a discount. I tried them both on during different visits.

I was there in 2015 or so and they offered me a white 5711 and 5712, either 15% off.

Sent from my iPhone using Tapatalk Pro

yoast · 22 January 2020, 09:24 AM

Quote:

Originally Posted by Fat_ninja

Then they definitely doing the TT

Upside is my wife likes it :)

You think? I'm thinking something all gold, maybe white gold with white gold bracelet.

jonnyz1245 · 22 January 2020, 10:12 AM

Quote:

Originally Posted by V25V

I was there in 2015 or so and they offered me a white 5711 and 5712, either 15% off.

Sent from my iPhone using Tapatalk Pro

Yeah they had a white 5711 sitting in the display case for like 6 months in 2015. It was there 3 visits in a row and the 3rd time the saleslady tried her hardest to get me to walk out with it. I think the discount offered was 15-20.

Humble michael · 22 January 2020, 10:25 AM

Quote:

Originally Posted by GB-man

I would bet my house blue dial 5711s will be under 40k use at some point this decade. Probably within 5 years but I wouldn't bet my house lol

Gingerbread Man , whatever you do - don’t bet your House. You will be homeless on that bet! Ha!

scrappy · 22 January 2020, 10:34 AM

Quote:

Originally Posted by unknown

What are you talking about??

Every steel nautilus had a waiting list since 2006

The premium was not that big

But never, never, never were they widely available at your AD

And 30% discount??? NEVER !!

My AD had a 5711 and 5980 blue in the window about 5 years ago. Naturally I bought both and nearly bought the 2nd 5980 blue he also had in stock. Hindsight...

soundserious · 22 January 2020, 10:47 AM

Quote:

Originally Posted by GB-man

I would bet my house blue dial 5711s will be under 40k use at some point this decade. Probably within 5 years but I wouldn't bet my house lol

Yeahhh....you’re the kind of bookie I’d like to bet with. Those odds are just too good to pass up.

ragsk · 22 January 2020, 05:38 PM

White dial prices now well above the blue across Chrono24. Need to settle down.

Longer term time will tell.

cascavel · 22 January 2020, 06:43 PM

Quote:

Originally Posted by GB-man

I would bet my house blue dial 5711s will be under 40k use at some point this decade. Probably within 5 years but I wouldn't bet my house lol

Not to be particular, but this decade ends on December 31, 2020.

GreenLantern · 22 January 2020, 06:46 PM

Quote:

Originally Posted by ragsk

White dial prices now well above the blue across Chrono24. Need to settle down.

Haha, incredible. I see some at $80k and one at $100k.

FOMO

One day they are listing for $50-$55k, the next day they're listing for almost double that.

cascavel · 22 January 2020, 06:49 PM

Quote:

Originally Posted by scrappy

My AD had a 5711 and 5980 blue in the window about 5 years ago. Naturally I bought both and nearly bought the 2nd 5980 blue he also had in stock. Hindsight...

Definitely, 5980s were offered below list, any dial color you wanted, five years ago.

Passionata · 22 January 2020, 06:55 PM

Quote:

Originally Posted by V25V

I was there in 2015 or so and they offered me a white 5711 and 5712, either 15% off.

Sent from my iPhone using Tapatalk Pro

2014 i bought my 5712 w a very nice discount i could get a 5711 w/o any hassle under list too.even grays sold Nautiluses w the same conditions those days, i think the market exploded in 2018 and went crazy last year only

Ichiran · 22 January 2020, 06:57 PM

Now is not the best time to buy the white 5711 from the grey market. Suggest to wait until Baselworld 2020 before making any decision. There should be interesting new release.

Passionata · 22 January 2020, 06:59 PM

Quote:

Originally Posted by GreenLantern

Haha, incredible. I see some at $80k and one at $100k.

FOMO

One day they are listing for $50-$55k, the next day they're listing for almost double that.

The market will decide ,on the other hand look on C24 ,Patek Philippe 5711/1A almost 200pieces waiting for a new owner ,this piece isn t that hot rather highly speculated,one day someone will start to sell and it will fall like Niagara.

Bearxj86 · 23 January 2020, 02:09 AM

Quote:

Originally Posted by Passionata

The market will decide ,on the other hand look on C24 ,Patek Philippe 5711/1A almost 200pieces waiting for a new owner ,this piece isn t that hot rather highly speculated,one day someone will start to sell and it will fall like Niagara.

723 Rolex Daytona Ceramics too :)

glamorama · 23 January 2020, 02:35 AM

Would it be conceivable that Patek discontinue 5711, or just the white dial, and have it come back in a new slightly improved version but only in WG with double retail? Discontinue for a few years and only run WG to capitalise on this market.

Passionata · 23 January 2020, 02:58 AM

Quote:

Originally Posted by bearxj86

723 Rolex Daytona Ceramics too :)

Don t mention that .Rolex is the worst bet since there the supply cross the demand much much quicker than with PP. anyhow we need just some popcorn

Passionata · 23 January 2020, 02:59 AM

Quote:

Originally Posted by glamorama

Would it be conceivable that Patek discontinue 5711, or just the white dial, and have it come back in a new slightly improved version but only in WG with double retail? Discontinue for a few years and only run WG to capitalise on this market.

That d be a smart choice ,or make it really unique TT but with a combination of WG/RG

22 January 2020, 05:03 AM	#99
GB-man 2024 Pledge Member Join Date: Nov 2012 Location: USA Watch: addiction issues Posts: 36,859	I would bet my house blue dial 5711s will be under 40k use at some point this decade. Probably within 5 years but I wouldn't bet my house lol __________________

22 January 2020, 02:24 AM	#91
AK797 2024 Pledge Member Join Date: Feb 2010 Real Name: Neil Location: UK Watch: ing ships roll in Posts: 59,225	There will be a spike in used prices as greys raise prices automatically, then it's a question of market forces and esp what replaces it if anything.

22 January 2020, 02:31 AM	#93
Bearxj86 "TRF" Member Join Date: Jun 2017 Location: Los Angeles Watch: 3970 Posts: 3,801	I actually think this is going to raise all nautilus prices. As the white goes up so will the blue. A rising tide raises all boats

22 January 2020, 07:39 AM	#101
martinr "TRF" Member Join Date: Jan 2013 Location: California Posts: 3,099	In 2014 AD’s in LA and SF had white dial 5711’s sitting in the case. And the AD in Beverly Hills told me 12% discount.

22 January 2020, 08:11 AM	#102
CamSLC "TRF" Member Join Date: Jun 2016 Location: USA Watch: Rolex & Patek Posts: 1,436	I got mine in fall of 2015 sitting in a display case with a small discount. They really spiked the next spring I think.

22 January 2020, 05:38 PM	#110
ragsk Banned Join Date: Jun 2018 Location: USA Posts: 1,505	White dial prices now well above the blue across Chrono24. Need to settle down. Longer term time will tell.

22 January 2020, 06:57 PM	#115
Ichiran 2024 Pledge Member Join Date: Jan 2018 Real Name: Michael Location: Dotonbori Watch: Mostly blue dials Posts: 7,619	Now is not the best time to buy the white 5711 from the grey market. Suggest to wait until Baselworld 2020 before making any decision. There should be interesting new release.

23 January 2020, 02:35 AM	#118
glamorama "TRF" Member Join Date: Jan 2018 Real Name: Dan Location: Benelux Posts: 1,919	Would it be conceivable that Patek discontinue 5711, or just the white dial, and have it come back in a new slightly improved version but only in WG with double retail? Discontinue for a few years and only run WG to capitalise on this market.

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