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25 November 2018, 04:57 AM | #1 |
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5270p: go or no-go
Just received notification from my AD that my 5270p has arrived, a bit earlier than expected so might indicate demand is not that strong. But not fully convinced. And might be a watch that won’t hold value well, so selling after some months might be expensive. Should get a 5740 within 12 months and that is a definite go for me.
Thoughts on the 5270p? |
25 November 2018, 05:26 AM | #2 |
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No offence but this type of post really irritates, why order the rudy thing in the first place, surely you saw it and tried it on prior. Have the balls to purchase what you like rather than seek a forum approval ...
Btw I think the watch is sublime, I have the R. |
25 November 2018, 05:30 AM | #3 | |
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I think the OP is trying to canvas views from other forum members on the collectibility of the watch especially given that demand seems to be a lot lower than was initially expected. Nothing wrong in that in my book. Back to the matter in hand - if you are not convinced then you should pass on it. I personally do not like the shade of the dial (I love salmon dials but this isn't quite salmon) especially if you think you may move it on in the near future. Wait for the 5740 - that is guaranteed to make you happy!! |
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25 November 2018, 05:31 AM | #4 |
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If you are looking for a PC chrono then the 5270p w salmon dial is a great choice as far as looks.
Imho. Value wise, likely not going to perform well while your here to enjoy it. Alternatively the pieces that would perform well may be at their height of performance right Now? So buy what you like. As far as the 5740, that is an a,axing watch in a variety of aspects... but I would still prefer the choice that is WR to 120M as something that could serve me as a daily wear.
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25 November 2018, 05:33 AM | #5 |
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No offence taken, but like with many new patek models, not easy to find them and try them on before ordering. And if you wait to try it on first, it might be discontinued by the time you should get it.
My AD is clear: better order it unseen as soon as released in Baselworld and then decide once you can try it on. No doubt they have other people on the list for the watch. |
25 November 2018, 05:34 AM | #6 | |
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Op didn’t take it home and try to flip it, he just put his name on a list to secure his opportunity to purchase after he’s had time to consider. If OP passes, it gets offered to the next person, no harm no foul.
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25 November 2018, 05:35 AM | #7 | |
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Ok I might have come across a little harsh in retrospect, my apologies, I assumed the OP had had the opportunity to sample first, the forum at times just seems to be going the way of many others where speculation regarding market retention is the sole driver of any purchase. I hope the OP buys it as I truly believe it’s a lovely watch. |
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25 November 2018, 05:40 AM | #8 |
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Go try it out and decide.
I think this dial config will go up in price (if that's important). |
25 November 2018, 05:52 AM | #9 |
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I had a 5270P on order but cancelled it. One of the reasons was I didn't want to pay MSRP, I think this watch would be available below MRSP just like the G and R versions.
I would wait for the 5740G, I was told the demand was significantly higher for this piece compared to the 5270P. |
25 November 2018, 06:09 AM | #10 |
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I think the 5740 has stolen some its thunder otherwise it would have been a sure fire hit, now it is in doubt. 5740 is the sure thing, but wait lists and premiums will reflect that.
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25 November 2018, 06:10 AM | #11 |
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OP, I’m in a similar position. My 5270p is due to arrive soon, and it will be mine if I choose to move forward. And contrary to the nasty and presumptive comment above, I wasn’t able to try it on before expressing my interest. So I have to decide only after I see it on my wrist for the first time.
Good luck on your decision. I think when you see it, you’ll know what to do. Best.
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25 November 2018, 06:23 AM | #12 | |
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25 November 2018, 06:38 AM | #13 | |
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Those who know me know I’m passionate about watches, yet I still wasn’t able to make it to the viewing of the recent Patek releases. Are you suggesting I didn’t try hard enough? Do you once again presume to know everything about everyone? Or, are you just trolling? Best.
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25 November 2018, 06:47 AM | #14 | |
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25 November 2018, 07:08 AM | #15 | |
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25 November 2018, 07:17 AM | #16 | |
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Understood. And I appreciate the response. In California, the Basel viewing event at one AD I know was for one day only. I can’t say with certainty how long Patek spent at other ADs around the country. And I agree that lately there seems to be a big concern (potentially speculative in nature?) about future prices of purchases. In this case, however, I do believe the concern of value retention is warranted given the unfortunate lack of it on the other 5270s. The 5270p is expensive, and value retention is certainly a big factor in my decision making process. While I have no intention of flipping it, I want it to retain value. But at the end of the day, my heart may trump all when I see it. We shall see. And I look forward to hearing the OP’s thoughts after he sees it, too. Best.
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25 November 2018, 07:59 AM | #17 | |
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I will be attending an event organised by my fantastic AD tomorrow which is the culmination of a week having the 2018 collection in store all week, though I had been to many events prior doing the same. I’ll try and take a shot! |
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25 November 2018, 09:09 AM | #18 |
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Love the 5270p!
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25 November 2018, 09:12 AM | #19 |
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The 5270P will be a great watch to have in one's collection long-term.
If you concern yourself with value retention too much, it will prevent you from purchasing and owning some great watches. If you want to play safe and not lose any money, then best to stay with Nautilus/Aquanaut. However if you want to own a Patek PCC in platinum, there aren't a whole lot of other alternatives - 5970P, 3970P or the 5271P, unless you go vintage and then you are looking at a different class of watches. I personally am not a fan of the salmon dial. But get it only if you love it! |
25 November 2018, 10:16 AM | #20 | |
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25 November 2018, 10:25 AM | #21 | |
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Me, I'd be happy with a lowly 5170P!
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25 November 2018, 10:28 AM | #22 |
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If you don’t take it please let me have your AD name as I cannot find one anywhere available for immediate sale!
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25 November 2018, 10:32 AM | #23 |
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The matter of value retention is multi-faceted in my opinion. For one, it comforts some people from the guilt of an extravagant indulgence by thinking its real cost is only the spread. Another aspect of value retention is desirability. People want to collect objects that other people desire or admire. Value retention also reflects on the potential heirloom piece of the reference. And some people perceive value retention as a collective view of enthusiast preference over a dial type or series. Some people are also just not as resolute as others in the decision-making process.
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25 November 2018, 11:31 AM | #24 | |
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5270p: go or no-go
Quote:
Great inputs! It’s a strange hobby. We normally buy what we like but at a certain price point we look for acceptance or justification or rationale. I think that’s what the OP was seeking. It’s not always that we buy for speculative investment or value retention but it’s always nice to know that we score a good one. For the 5270 model, it would appear that the model has not been a huge hit compared to the 5970 among collectors. I would definitely want to get one but only at a certain price point and if it would be automatic. I actually had difficulty understanding a PC that’s manually wind. Can’t do that and don’t think it’s really practical. Sent from my iPhone using Tapatalk
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25 November 2018, 11:41 AM | #25 |
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I think if you are a person that buy a watch and you almost never sell or flip then who cares buy the 5270P. But if you know the grey dealers by their first name then don’t buy it because you are gonna loss too much money. Go 5970P instead
Cheers Sent from my iPhone using Tapatalk
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25 November 2018, 11:54 AM | #26 | |
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25 November 2018, 12:41 PM | #27 |
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I think it’s a great watch but yes you’re going to take a bath when you sell it.
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25 November 2018, 02:03 PM | #28 |
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The "definite go" wins every time.
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26 November 2018, 12:15 AM | #29 |
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Thanks for all the feedback. Will update after I try it on, probably next week.
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26 November 2018, 12:23 AM | #30 |
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If you like the watch you should get it. Value retention is not a reason to buy this watch.The 5270 line-up has not done well on resale and I would expect the P model to behave the same. My thinking is the market for manual wind PCs is just not that good as Owners soon realize it is a headache to wind the watch everyday.
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