ID1972Sr
124
Good point
I personally waited a lot of time to get I.e. my first Daytona (way back in late 1992) and even more for the 2 Pateks I bought from my AD. I'd never pay a 60% premium for any watch...
Supply and demand
I know that it's just a question of supply and demand and that nobody has the crystal ball, but I was impressed by seeing the 5712 in steel reaching the sky-high mark of 50k euros on some popular marketplace. I remember that just 5 years ago I was offered...
+1
True watch lovers wait to get their piece from an AD. Paying way over the premium to a dealer (most likely in cash) is the perfect way to hide the money. Properties are too risky and obvious, plus all the upkeeps. In some respect the ever increase of the ...
Good point
I personally waited a lot of time to get I.e. my first Daytona (way back in late 1992) and even more for the 2 Pateks I bought from my AD. I'd never pay a 60% premium for any watch...
Abit cynical....
I would say more speculation, a fear of losing capital and a status symbol. There are genuine consumers that decide to buy the 5711/5712, not because they really love it, but because the value is well supported with potential to make money and/or it provi...
Status
I agree, Nautilus is today a status symbol, also because the so-called intrinsical value is not different - if not lower - from other top time pieces (I.e. a 5711 commands far higher prices than a 3940j)
If you are a millionaire, you can afford to lose some money
If you live a genuine passion. Unfortunately today money is the only factor to consider. Quality? Finishing? Value for money? Neeeeeeeedxt, please 😅😅😅😅🤗
In the Hong Kong Phillips auction today, the 5712 sold for...
US$48,000 and the 5711/1A sold for US$51k Results of supply vs demand in a market driven environment Unfortunate situation for fans of Nautilus who could not get them at retail prices Interesting to me that 5712 has more complications and got sold less th...
5712
I love the 5712 for the complications and in fact I loved its predecessor 5085. I am a big fan of cal 240, indeed, which Patek is celebrating these days
Crazy!!
A little bit blown away by the irrational exuberance for Nautilus. I has the pleasure of purchasing this *from the window* about 6 years ago from Wempe . There are even better options near this value - such as the 5140. There was also a 5726 which was eve...