Comments:
With the recent Nautilus craze...
I’m starting to think if I use this opportunity to trade up to grail-status pieces! I’m lucky to be able to get a 5980 many years ago. Now it’s so tempting to trade it, along with one or two more pieces, for a 5270 or something like that.... please talk some sense into me.
Sounds logical to me.
Buy low, sell high... Unless you've attached sentimental value to your 5980.
Interesting..
5270 is a beautiful piece. Would also definitely consider 5970. Or 5370.
This thought has crossed mind, honestly I do love my 5980.
Tough choices. Not sure I am ready. Curious if you are.
Best,
H
defintely do it , im in the same boat with selling rolex sports models that ive acquired and consolidating for a grail patek [nt]
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Not the craziest idea I've heard. And I've been thinking something similar myself. [nt]
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It's really tempting because for me, the 5980 is quite thick so trading for a PCC is definitely worth it...just based on 5980, imo.
Who knows, one day I may trade some of my SS Sports crown too for a grail PP, but then they look so nice and colorful so it's hard and I will feel "betraying" my AD who has been good to me.
Also, you cannot wear the 5270-grade watches every day, something to consider.
I also have the same line of thinking
and traded a 5711 and AP 15202 toward some new pieces. Both beautiful watches and truth be told I still have a 5711 white dial. But I felt that since I was getting such good value for these particular models I could apply the proceeds to some other watches that I found intriguing.
Do it...
The Nautilus market feels like its at the top and will likely see a significant correction in the near future. The Nautilus and sport Rolex market feels like the collector car market in 2015. Most vintage Porsche and Ferrari's have corrected about 30% since then...Its great value to pay a small difference for watch that was almost 4 x the price new (comparing original retail prices). I sold a 5270G a year ago for basically the same price people are asking for 5980 1A's.... that said, I have a 59801A that I bought new (in 2006) that I will never sell because I really like the watch. I have certain watches that are in the never sell category and the 5980 is one of them.
If everybody expects a correction,
Most likely it'll never come.
Never crossed my mind to sell or trade it.
Not everybody expects it yet...
The masses are still buying. But those who have a feeling for intrinsic value know that prices are alteady far too high to be sustainable - as demonstrated by this post.
No brainer.
Take advantage of the hype and crazy prices of your 5980 which is a sports watch from Patek and upgrade to something which Patek are world famous for as well as the best in the market at a classic complication.
I would also suggest a 5370 or 5970 over a 5270. A Patek full of DNA would be my choice. Obviously there are many more but at this price level these would hit the spot.
Rolex = Sports watch. Patek = complication.
Just my honest thoughts
M.
I would also suggest a 5370 or 5970 over a 5270. A Patek full of DNA would be my choice. Obviously there are many more but at this price level these would hit the spot.
Rolex = Sports watch. Patek = complication.
Just my honest thoughts
M.
You're talking common sense.
However, what we do here, has a very little to do with it ;-)
govberg
Asking 100k for a 5980 i think it a s a great opportunity to convert your watch for something even more special,i think it s a good move
I would go that way. If I could trade a 5980 for a 5970, without any problem I would do it. I always preferred the real to the craze. [nt]
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One could argue: A finally first in-house chrono for Lemania based complication?
I know, I know, but at least, gives one a reason to pause and think it over.
I won’t trade away the 5980 1a
i find the nautilus and aquanaut are most versatile watches from Patek. I owned few calatrava annual calendar and world timer and sold them as I don’t wear them at all.
To trade or not to trade...
I was wondering the same. I bought a 5712 several years ago with a discount over MSRP (I know, it sounds incredible) and the actual potential gain is 100%: still not sure which could be a viable trade.
I dream about a 3970, but gap is still wide...
I dream about a 3970, but gap is still wide...
I'd do it
If I were in that position, I'd prefer the 5270 to the 5980. I am not in this market, but my favorite version of the automatic chronograph has been the 5960/1A. I think the Nautilus looks best as a simple watch, without complications.
I sold mine for double what I paid
I still can’t believe I sold it for that much
I never thought I would sell it but at current market prices I couldn’t not sell I’ve enjoyed it for six years and made a lot of money on top
I never thought I would sell it but at current market prices I couldn’t not sell I’ve enjoyed it for six years and made a lot of money on top
It’s so tempting.
I totally understand your logic in selling the piece. That’s why it’s so tempting for me now as well.
I actually also have a 5960A black dial, so I figured between the two, I’d like to keep the 5960A over 5980A. 5960A may never be as popular as 5980A, but I know I wear it almost on a daily basis. I love the annual calendar complication and use the chronograph often to time mundane things daily.
I’m almost there to pull the trigger. Just doing a bit more market research and in fact a lot of crap came up at work, so I’m currently focusing on that first..... The hobby can wait. Hahaha
I actually also have a 5960A black dial, so I figured between the two, I’d like to keep the 5960A over 5980A. 5960A may never be as popular as 5980A, but I know I wear it almost on a daily basis. I love the annual calendar complication and use the chronograph often to time mundane things daily.
I’m almost there to pull the trigger. Just doing a bit more market research and in fact a lot of crap came up at work, so I’m currently focusing on that first..... The hobby can wait. Hahaha