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ROLEXROLEXROLEXROLEXROLEXROLEX
ROLEXROLEXROLEXROLEXROLEXROLEX
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#1 |
"TRF" Member
Join Date: Mar 2012
Location: NJ
Watch: Day-Date
Posts: 4,056
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I just noticed a watch like my 5980-1r on Chono24 for $170,000 dollars!
Have the prices on the 5980-1r really gotten that outrageous? I paid under 95,000 with a 5% discount. Oh, how times have changed. I wear my watch at least once a week in rotation, but I never pictured myself wearing a watch that now is selling for $170,000. Ridiculous!
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#2 |
"TRF" Member
Join Date: Aug 2016
Location: Down by the shore
Watch: 5712a,5170P,5980R,
Posts: 441
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Yep! This market went bananas
![]() My friend just paid $150k ![]() Sent from my iPhone using Tapatalk |
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#3 |
"TRF" Member
Join Date: May 2019
Location: Nyc
Posts: 57
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Definately does not sell for 170k and just enjoy...... As I enjoy my everyday almost
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#4 |
Banned
Join Date: May 2018
Real Name: Jonathan
Location: USA
Watch: P-01
Posts: 11,772
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#5 |
"TRF" Member
Join Date: May 2019
Location: Nyc
Posts: 57
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#6 |
Banned
Join Date: May 2018
Real Name: Jonathan
Location: USA
Watch: P-01
Posts: 11,772
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#7 |
"TRF" Member
Join Date: May 2019
Location: Nyc
Posts: 57
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#8 |
Banned
Join Date: May 2018
Real Name: Jonathan
Location: USA
Watch: P-01
Posts: 11,772
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#9 | |
"TRF" Member
Join Date: May 2019
Location: Nyc
Posts: 57
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Quote:
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#10 |
2024 Pledge Member
Join Date: Feb 2010
Real Name: Neil
Location: UK
Watch: ing ships roll in
Posts: 59,305
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#11 | |
"TRF" Member
Join Date: May 2019
Location: Nyc
Posts: 57
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Quote:
Sent from my SM-G950U using Tapatalk |
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#12 | |
2024 Pledge Member
Join Date: Feb 2010
Real Name: Neil
Location: UK
Watch: ing ships roll in
Posts: 59,305
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Quote:
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#13 |
"TRF" Member
Join Date: Aug 2016
Location: Down by the shore
Watch: 5712a,5170P,5980R,
Posts: 441
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#14 |
"TRF" Member
Join Date: Aug 2016
Location: Down by the shore
Watch: 5712a,5170P,5980R,
Posts: 441
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#15 |
"TRF" Member
Join Date: Mar 2012
Location: NJ
Watch: Day-Date
Posts: 4,056
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I’m just going to keep on wearing it, I was just floored by the sale price. I have never purchased a watch for an investment but in these crazy times I think we’re all doing fairly well with Rolex and Patek.
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#16 |
"TRF" Member
Join Date: Mar 2012
Location: NJ
Watch: Day-Date
Posts: 4,056
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#17 |
Banned
Join Date: Jul 2018
Location: Moon
Watch: Swiss
Posts: 2,270
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![]() Since everyone is posting their $170,000 snap, I want to join in as well I paid around 80K for it Sent from my iPhone using Tapatalk |
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#18 |
Banned
Join Date: May 2018
Real Name: Jonathan
Location: USA
Watch: P-01
Posts: 11,772
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#19 |
2024 Pledge Member
Join Date: Feb 2010
Real Name: Neil
Location: UK
Watch: ing ships roll in
Posts: 59,305
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I try not to think about the latest price of my RG Nautilus when wearing it, I think of how low balled you'd get from a big dealer so that takes the edge off, otherwise it gets very vertiginous and I'm already scared of heights.
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#20 |
"TRF" Member
Join Date: Mar 2013
Location: NJ
Posts: 2,584
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Damn I haven't worn mine in ages...didn't realize they were trading so high.
May be time to move mine |
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#21 | |
"TRF" Member
Join Date: Jan 2010
Real Name: John
Location: Denver
Posts: 2,294
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Quote:
That's my general thought too- sell high and wait it out.
__________________
Watches! |
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#22 |
2024 Pledge Member
Join Date: Nov 2012
Location: USA
Watch: addiction issues
Posts: 37,023
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I’d sell but that’s me.
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#23 |
Banned
Join Date: Jul 2018
Location: Moon
Watch: Swiss
Posts: 2,270
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I've been chasing my AD from here to the end of the world. They said it's nearly there, but then changed the tone a few days later to "we hope Patek will fulfill this order as we haven't heard from them with any updates". WTF?
I suspect I'll hear that it has landed after June 1st, so they can earn an extra 4%. ![]() |
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#24 |
Banned
Join Date: Apr 2012
Location: UK
Posts: 4,345
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5980/1A was sold at Christie's Hong Kong in 27 May for HKD 687 000 including the buyers premium.
https://www.christies.com/lotfinder/...6-d7a4f0222ab9 |
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#25 |
2024 Pledge Member
Join Date: Aug 2014
Location: Cleveland
Posts: 2,077
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Wow, to think that there used to be a lot of old stock for the 5980a sitting in windows for a long time. A few years ago a dealer in Boston went out of business and it was 30% off and even then it sat. Would've could've should've I guess
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#26 | |
Banned
Join Date: Jul 2018
Location: Moon
Watch: Swiss
Posts: 2,270
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Quote:
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#27 |
"TRF" Member
Join Date: Sep 2016
Location: London
Posts: 15
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#28 | |
"TRF" Member
Join Date: Dec 2012
Real Name: Ben
Location: SIN & JKT
Watch: Rolex, AP, PP
Posts: 9,873
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Quote:
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Follow me on Instagram : benlee789 ![]() |
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#29 | |
2024 Pledge Member
Join Date: Nov 2012
Location: USA
Watch: addiction issues
Posts: 37,023
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Quote:
2014 they couldn’t give steel 5980 away. Every Patek dealer I walked into had 2. Once I saw 3 two in the window and one in the case. Tried a used blue 5980 on at tourneau and remember thinking it was whack. Hard pass at 40k asking.
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#30 | |
"TRF" Member
Join Date: Jun 2015
Real Name: KIRBY
Location: USA
Watch: Patek 5980/1A
Posts: 132
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Quote:
Do you regret not getting one now? Does the price increase make your opinion change of the 5980 now? Curious your opinion is very strong about the watch, I wonder what others see that you don’t like? In my opinion it checks a lot of boxes 1- discontinued 2- SS patek 3- blue dial 4- first in house chrono movement 5-30 year anniversary 6- some come with Geneva seal |
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