Nautilus prices softening

[RXAPPP]

Just watched a WatchBox video in where the commentator suggested Nautulus prices were beginning to soften. I went on to DavidSW and sure enough he had a 5990 which was a bit cheaper than where they were six months back. Is anyone else seeing this

[Fat_ninja]

Interesting

[timepieceluvr]

Originally Posted by RXAPPP

Just watched a WatchBox video in where the commentator suggested Nautulus prices were beginning to soften. I went on to DavidSW and sure enough he had a 5990 which was a bit cheaper than where they were six months back. Is anyone else seeing this

I saw that at 89K the other day. Most of them had been north of 100


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[Fat_ninja]

This has been happening for months now guys.

[tng11]

Old news is exciting!

[d11n]

Slowly...

[uniqueMR]

[Bearxj86]

Typical September trough followed by a continuous rally starting in mid October through Feb.

Buy while you can.

[martinr]

Originally Posted by Fat_ninja

Interesting

I’d rather watch paint dry. Far more interesting than paying attention to these price trends. If you could walk into an AD and buy it for MSRP and the supply was plentiful what do you guys think of the watch? Like it or don’t like it?

[SL BRABUS]

Everything is softening right now....

[mongrelnomoad]

If anyone wants a Nautilus or Aquanaut, their numbers are only multiplying in Burlington Arcade. I was there yesterday and there were about double the number in the windows compared to last month.

[kans86]

Softening for sure. Have seen quite a few 5712a around in the lower to mid 60k, used off course.

[Fat_ninja]

U know the one watch that likely holds up unscathed....?

The 5711a

My view is that
1) it’s the cheapest and is more accessible for most (price wise, ie the daytona trade ups)
2) it’s the one that started this craze.

[Fat_ninja]

Originally Posted by martinr

I’d rather watch paint dry. Far more interesting than paying attention to these price trends. If you could walk into an AD and buy it for MSRP and the supply was plentiful what do you guys think of the watch? Like it or don’t like it?

I was just joking :)


To be fair there’s less price conversations lately since prices started coming back down in price ...

[pam66]

Originally Posted by Fat_ninja

I was just joking :)


To be fair there’s less price conversations lately since prices started coming back down in price ...

it will be interesting where the nautilus market will be in a year from now, up where it was? probably not but what do i know.

[AK797]

Originally Posted by mongrelnomoad

If anyone wants a Nautilus or Aquanaut, their numbers are only multiplying in Burlington Arcade. I was there yesterday and there were about double the number in the windows compared to last month.

Watchfinder too have more Nauts than usual, still asking high prices and so moving less slowly than the summer.

[MilesB]

It would be nice to see the speculative demand disappear. I have no issue with grey market prices being above MSRP if the buyers want to wear the watch. I don't like the people trying to make a quick buck.

[JJ WA]

[posted by mistake]

[ts3]

Originally Posted by Fat_ninja

U know the one watch that likely holds up unscathed....?

The 5711a

My view is that
1) it’s the cheapest and is more accessible for most (price wise, ie the daytona trade ups)
2) it’s the one that started this craze.

The blue 5711 only, plus possibly the 3700 although that one has reached stratospheric heights if in excellent condition w box & papers.

The white 5711 will fare more like the 5167 in my expectation (relatively speaking, as a multiple of MSRP). Both are nice in their own right but for a lot of people "just" a compromise when unable to get the blue one at MSRP.

[locutus49]

White Nautilus was $70K, recent price was $65K.

[GoingPlaces]

Global economy is softer, certainly will affect some values. However the market IMO remains strong and prices will plateau and hold well above retail. Where, will remain to be seen.

[Pateks]

When the Dow drops 800 points in 2 days, this is bound to happen. Good for actual watch enthusiasts. Bad for flippers and speculators.

[Russell996]

Originally Posted by Pateks

When the Dow drops 800 points in 2 days, this is bound to happen. Good for actual watch enthusiasts. Bad for flippers and speculators.

You can be a watch enthusiast and of paid the inflated market value for the piece.

The flippers and speculators will still be getting them at list and making a profit.

[GB-man]

Forget watches I keep watching prices on 911s soften. If the car market is any indication these premiums might dry right up at some point soon.

[Fat_ninja]

Originally Posted by GB-man

Forget watches I keep watching prices on 911s soften. If the car market is any indication these premiums might dry right up at some point soon.

Think bigger bro... deploy as much capital as u can. While borrowing at small % rates

[GB-man]

Originally Posted by Fat_ninja

Think bigger bro... deploy as much capital as u can. While borrowing at small % rates

When right now? Hell no lol

[Fat_ninja]

Originally Posted by GB-man

When right now? Hell no lol

Why not now?

[locutus49]

Leveraging: it is how the rich get richer.

Originally Posted by Fat_ninja

Think bigger bro... deploy as much capital as u can. While borrowing at small % rates

[mongrelnomoad]

Originally Posted by Fat_ninja

Think bigger bro... deploy as much capital as u can. While borrowing at small % rates

While I agree that the world is flooded with liquidity and fears mean that liquidity (and those bubbles) aren’t going anywhere for now, that is a very very very (very very very) dangerous position to take.

[GB-man]

Originally Posted by Fat_ninja

Why not now?

I’ll pass on levering up and deploying as much capital as possible heading into the fall before an election year 10 years into a bull market without a major pullback.