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18 June 2019, 12:20 PM | #61 |
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18 June 2019, 12:23 PM | #62 |
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18 June 2019, 12:23 PM | #63 | |
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18 June 2019, 12:24 PM | #64 |
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18 June 2019, 12:31 PM | #65 |
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I’ve never owned a nautilus and (now) never will. I’ve always loved the watch and used to long for it but now I don’t anymore—it’s gotten to the point where it’s not even remotely close to the top watch I’d want for the amount of money it would cost.
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18 June 2019, 01:19 PM | #66 |
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18 June 2019, 01:33 PM | #67 |
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its the nature of irrational exuberance in bull market bubbles. the bitcoin market in 2017, the housing market pre 2008, the equities market during the dot com bubble, etc. sellers disappear and buyers are solely in it for the greed of being able to sell it for more tomorrow. once rational thinking returns to the market, a crash ensues as all of the sellers flood the market and buyers disappear.
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18 June 2019, 01:43 PM | #68 |
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Exactly. And asking prices on chrono24 start in the mid $60s so not sure what the point of this thread is. Anyone can cherry pick data to frame things a certain way, but those prices just aren't where the market is right now.
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18 June 2019, 02:11 PM | #69 | |
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10000000% make either of those trades if it gets to that point. nautiluses (nautili?) are great but at these prices it’s absurd. give me a 5970 or a 3970 or a 5960 or a 5270 or a 3940 or any one of several other pateks or a few langes way over a nautilus. |
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18 June 2019, 02:24 PM | #70 |
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I bought my 5712 at 27 5 years ago.... before it broke too lol but thats for all the other patek quality threads
It was overpriced then I can't even fathom these prices, utter insanity |
18 June 2019, 03:58 PM | #71 |
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Yeah chrono24 is a horrible indicator for in demand watches.
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18 June 2019, 05:27 PM | #72 |
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Didn't Sotheby's NY sell a blue dial 5711 from 2014 with B/P for $75K a few weeks ago and a double sealed 5711 Tiffany signed for $150K?
Would that be an OK indicator? |
18 June 2019, 05:52 PM | #73 | |
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Still a fun thread though... |
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18 June 2019, 05:56 PM | #74 |
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I got offered what I thought was a crazy amount of money for my 2017 5712a of £61250.00 (approx $80k) from a dealer. Thought about it for a bit, told him I'd do the deal, then told the wife and she said if you do sell it don't come moaning to me that it was your favourite watch etc so rang him back and told him the bad news. He then blurted out we had a verbal contract, I've got a client lined up, I'm suing you for breach etc.
If he's offering that sort of money to me then he's got to be adding at least 25% on on top. |
18 June 2019, 06:04 PM | #75 | |
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18 June 2019, 10:50 PM | #76 |
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18 June 2019, 10:59 PM | #77 |
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BUT - the market is not truly at that point...nobody is going to be able to trade a 5711/5712/5726/5990 for a PCC
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18 June 2019, 11:07 PM | #78 | |
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fair enough, I was just commenting on the prices mentioned in the thread; not the degree to which those actually represent the market. as to being able to trade for a PCC, I wasn’t necessarily just referring to a straight trade; if I suddenly found myself being able to top up a 5711 with 20k to end up with a perpetual calendar chronograph that would be a pretty compelling proposition. also am I wrong in saying you can already either straight up trade or almost straight up trade a 5711 for a 5960? that’s already bonkers to me. |
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18 June 2019, 11:26 PM | #79 |
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18 June 2019, 11:26 PM | #80 |
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18 June 2019, 11:39 PM | #81 |
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Saw some crazy prices of Nautilus on IG as well
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18 June 2019, 11:54 PM | #82 |
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19 June 2019, 12:12 AM | #83 | |
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It’s kind of scary , nobody knows when but everyone knows it will Sent from my iPhone using Tapatalk
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19 June 2019, 12:19 AM | #84 | |
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One thing is clear - i probably sold my as new white 5726 at the worst possible time and would have been better off selling this year...i wanted the funds for something else at the time, which is the only thing that makes it somewhat liveable |
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19 June 2019, 01:13 AM | #85 |
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19 June 2019, 01:20 AM | #86 | |
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ah I feel your pain. I came across a white dial 5726 at an AD last summer (for MSRP, which I guess is something you need to specify now) and kind of felt like I should pull the trigger but it was too much $$$ for such a spur of the moment thing—now kicking myself seeing how much they’re selling for. and to be clear I don’t normally buy watches thinking about flipping them but with the current insanity it feels downright irresponsible not to when faced with the opportunity. |
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19 June 2019, 01:33 AM | #87 |
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Bubble in making. Looking forward to big burst :)
Ridiculous.
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19 June 2019, 01:40 AM | #88 |
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an oldie, but a goodie LOL!
We are at the "Delusion" level in the "Mania Phase" |
19 June 2019, 03:31 AM | #89 |
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Hmm... I would considering doing a straight up trade of my blue 5711 for a pre-owned 5320G.
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19 June 2019, 04:31 AM | #90 | |
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https://www.gq-magazine.co.uk/articl...pe-inside-tour https://www.theglobeandmail.com/inve...heir-precious/ https://www.gq.com/story/watch-gloss...lippe-nautilus https://www.nytimes.com/2019/03/20/f...-nautilus.html All of these came out between April - June, 2019. ...so I'm looking at another leg up towards end of 2019. Then, a recession will hit the economies of the world early 202 and finally day of reckoning to the Blow Off Phase. |
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