WatchProSite|Market|Digest
WatchProSite|Market|Digest

Patek Philippe

Interesting comments.

 

I believe we all have a reason why we like a certain watch.
Personally I never bought any hyped watch over retail, mostly because I don’t feel that I love any watch that much, and with patience I believe you can get most hyped references if you really want to.
But there are some exceptions to the rule and that I think is the 5711.
The story is that I’m on the “list” for a white dial 5711 for about two years at one of the top AD’s in New York.
None other AD wanted to take my name since the waiting list is over ten years...
Two weeks ago when I picked up my hyped up Rolex Pepsi from him I inquired about the Nautilus and he informed me that as of now forget about getting one because Patek allocates two maybe three pieces per year , and lately the allocation comes after a phone call from Patek with the name of the person who will pick up the watch, the person wasn’t even his client!!!
So the chances of getting a 5711 at retail are getting slimmer by the day.
If you like/want the watch and money is no object go for it and enjoy it for whatever reason you like it , being that you wanna belong in the “I got it” group or you just like the design and history of the watch.
Lastly, never care what others think of you, especially for wearing a certain watch...
Good luck with your hunt,

Zsolt.

  login to reply
Related Content
expand_more
5711Nautilus5811Patek PhilippeRolex
💰1847 Marketplace Listings for Rolex›
27 Comments view entire thread 

5711 blue opinion

 
By: Watches_passion : January 3rd, 2020-07:13
Anyone planning for a 5711 blue this year? I am giving up on my AD and started to look at Grey options. Huge price difference but AD is not an option. I have the feeling they are also selling to grey from the back door. Anyone bought 5711 from grey?

Don’t play into the hype!

 
By: Stylophile : January 3rd, 2020-07:28
Honestly I don’t think it’s worth the asking $ on the after market; but to each its own; just my opinion though 😊 Good luck

Iconic watch, no question about this.

 
By: Jay (Eire) : January 3rd, 2020-07:31
Unfortunately the current market has led to more polarized opinions on this watch in recent years. The design was always polarizing BUT the recent years market prices, hype and more broad commercial awareness of this watch seems to have made people’s opin... 

For those like myself who have always paid through the nose for Rolex and vintage Rolex itjust fair market.

 
By: Bill : January 3rd, 2020-07:40
For those with AD access do it for the rest of us you pay what you your are willing to pay this is not investing it is buying for the pleasure. I know it does not sit well with most here to pay over retail but try buying vintage Daytona.

I personally think its worth the money even on grey market.

 
By: Reuven Malter : January 3rd, 2020-08:05
I personally find it much more wearable than all watches at the same price point, because its so thin and light and when you pay 50k at your ad, you might get complications you dont even need. So go with the 5711 and enjoy the watch. I have never bought a... 

The Nautilus is a great watch 👍 If you ...

 
By: GLau : January 3rd, 2020-08:37
like it enough and are willing to pay a premium for it, then by all means get it on your wrist. I have purchased Patek from the secondary market previously. The process went well as I was careful in each step. Best of luck with your decision and look forw...  

Interesting comments.

 
By: ZSHSZ : January 3rd, 2020-22:00
I believe we all have a reason why we like a certain watch. Personally I never bought any hyped watch over retail, mostly because I don’t feel that I love any watch that much, and with patience I believe you can get most hyped references if you really wan... 

Mine is due towards the end of this year

 
By: sham1 : January 3rd, 2020-09:01
and I would not buy from the grey market out of principle. For me, it is vital to be patient when waiting for a watch even if takes years as it makes securing it that much more satisfying. Imagine a hypothetical situation where everyone was patient when w... 

What if it would cost euro 85k in 2022?

 
By: Bruno.M1 : January 3rd, 2020-09:24
I’m not saying it will But I can tell you I once made a mistake with this watch About 4 years ago list was I believe close to 21k and second hand it was about 30 One of my friends wanted one but could not get it from an AD and told me he would pay the 30k... 

Would not worry....

 
By: lascases : January 3rd, 2020-09:37
... 5711 prices have come under a lot of pressure in recent months. Many of them collecting dust at all the grey market dealers. Will be much cheaper than today in the next 12 months, I am nearly sure. Also, there were many AD deliveries of 5711 recently ... 

Overrated 5711

 
By: artp1085 : January 3rd, 2020-10:19
I had one I purchased from an ad about 10 years ago. After a couple of years I tired of it and sold it. In my opinion it is the most overrated watch on the market. Many different opinions on this watch. Gl w your choice

Market price is the real price, retail doesn't mean much if the product is not really available at retail

 
By: 1WatchMan : January 3rd, 2020-13:38
5711 at market price is simply not for me. It might even still be a good investment, who knows? But I'm not a watch investor.

don't pay the premium

 
By: aston.db4 : January 3rd, 2020-13:40
Seeing that the 5711 is on "burnt mode" now with the Hype crowd, it's more fun to find "unHyped" diamonds in the rough nowadays. The "premium" some buyers pay is to fund the supercar lifestyles of the grey market dealers. Someone's always paying for someo... 

Stay on the wait list and ...

 
By: Bokfu : January 3rd, 2020-14:16
find some other pieces for the time being. There are many other great options including other Patek models. It’s not worth paying over the retail because of the hype. Just my 2 cents.

I have bought 3 Nautiluses in past few years!

 
By: Stylophile : January 3rd, 2020-14:36
Both dial colors of 5711 and a 5800 and an Aquanaut; all from AD and at a discount; this was few years ago. Sold them all eventually; never really liked the style. I think it’s the most overhyped model in recent years with essentially a feeding frenzy goi... 

I agree with you what you said. This trend is insane and without logic.

 
By: Pun : January 3rd, 2020-19:10
If one is out for a steel high end sports watch, there are so many good options from VC, AP, Breguet and now ALS that this trend is bound to reverse soon.

It’s your money...

 
By: Esharp : January 3rd, 2020-20:41
Really depends what you’re in it for. To own the hot thing and flash it on InstaSnapKikTwitFace? To have a piece of wrist jewellery that says “check me out, either I bought this a while ago before it was super cool making me a dude who was ahead of the cu...