jubispupper
40
Trinkets
I have been an avid owner and trader of PP watches since 2001. I regret to say that I think the market prices of all collectible watches (including PP) will continue their decline for the forseeable future. I recall when the 5970 was available new sealed with a high 70's handle (2000) -- would urge this newbie to hold off a year or two and you may see 5970s back there again (or lower for a used version) ... hope this post is vague enough not to violate any protocols of the site. Of course I am also thinking we are heading into a WW financial depression so reader should take my negative view in mind in weighing the value of my point of view.
Patek 5970 Question
I am a watch collector that has decided to purchase my dream watch: the Patek 5970 as a 40th B-day present to myself. Took some convincing but the wife is on board too! This is a big "step up" for me, so as you can imagine, I am a little nervous and want ...
Hello tjjenkins
Hello and welcome to the PuristSPro forums! I'm sorry but pricing/valuation/grey market dealers/fleabay are not allowed on the public forums ( home.watchprosite.com Buying a Patek is a nice way of celebrating your bday (Happy Bday to you!). Since you are ...
Sorry guys!
Ooops! I am new to the forum and I did not realize that I violated the forum rules. Sorry about that.
I think...
and please moderator please delete if inappropriate- that in this level and kind of watches you should avoid grey markets unless you know the seller very well. Before buying, the advice given by DRMW is a very sound one- go to the ADs, check the watch and...
5970
since you're referring to metals that are no longer in production, you're left with either private collector or GD transactions. It seems like you already have a price point in mind, in which case all you have to do is find a watch that you like. As far a...
Yes
I would consider it, but it would not be my first choice. I think I would prefer, in order, a 5970 G, a 5970 R, then a 5970 J. As far as I can tell, that seems to be the price pecking order as well, with abou a 10,000 gap between the models.
5970 a good choice to get now
With 5970 temporarily selling for such low prices, now is a good time to get this classic and highly collectible watch! I don't know whether you will find someone desperate enough to part with one in your price range, but it's certainly still possible if ...
Very good advice
Eric, Thank you for the response. I have seen too many home sellers these past years "chase the market down." I don't want to do the reverse here and have to chase the market up. I am just a little nervous since I am stepping up and into a market that I d...
Follow ur...
... heart. Its the same advice that comes to my mind everytime as in such matters, passion prevails. I'd go for the red gold, my favourite. The yellow gold gives it a vintage touch that is a safe bet to resist the test of time. Which brings us to the main...
Very well said Karim :-)
It's the pleasure of this hobby I have now decided that there's no such thing as Grail watch but there's Grail combo or Grail collection ;-) Cheers, CL
Sometime a grail collection is
not about the wallet A perpetual calendar minute repeater may sounds like a potential grail but it is not in my book since it won't be worn too oftenly. My grails must be very wearable watch , not a fragile piece in the safe vault. It must be a piece that...
Karim,you have writtern very wise words...........
And one's that I fully agree with. As I suspect do most of us.Thank you. Mr Jenkins good luck with your search, it is a very beautiful watch and one that I would love to have, especially in W/G.
wall street bonus evaporation
One more comment ... I'm not so sure there has been any bonus evaporation. While bonuses in many industries are tied to performance, that does not appear to be true of the finance industry. There, the basis of reward is merely continuing to remain alive. ...
Trinkets
I have been an avid owner and trader of PP watches since 2001. I regret to say that I think the market prices of all collectible watches (including PP) will continue their decline for the forseeable future. I recall when the 5970 was available new sealed ...
Very Interesting
especially when the 5970 was introduced in 2004 and not in 2000 as you have quoted. Maybe following your theory Patek may start having a 2 for 1 sale as well. Please keep us posted. Watches are not a money making proposition. The crazy watch market where ...
I am lost ???
So why are they saying that the 5970 was in the 70s range in 2000 when the release year of these watch was in 2004. Someone clear this for me please!!!!