中野れい
1780
Understood.
Jan 19, 2019,01:58 AM
But market is hard to predict. We shall see IF it happens, it may not at all. If only we knew...
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Maybe ... But Maybe Not
By: Mean Solar Time : January 18th, 2019-19:40
They might not sell for a premium on the secondary market ... but I don't think they'll be discounted to bargain prices? Just my opinion. No one really knows for sure.
In 2009 I was told by a dealer that
By: 中野れい : January 18th, 2019-20:05
1 very HOT Nautilus model went down from MSRP + about 50% premium to MSRP + discount (but that time, it was still a regular production model). Now I think I agree that it might still sell at premium but less, or better back to its old MSRP. Just a fantasy...
😂👍🏻 [nt]
By: Passionata_george : January 19th, 2019-02:43
2008-2009 was tough.
By: KonaJ : January 18th, 2019-20:19
Stocks, high end real estate, art and luxury goods, including watches, were all hit 20-40%. Nobody knows for sure but it would be a good bet that the secondary market for Patek watches would take a beating. Times have changed, I don’t see the conditions t...
Agree! Good view
By: 中野れい : January 18th, 2019-20:30
Nobody knows but I do feel prices would come down quite a lot since now they're too high. Sell on strength! Kidding...
Fashion...
By: Chimaera : January 19th, 2019-00:11
....is transient, style is timeless.
The price hike madness startet after 2008-2009
By: COUNT DE MONET : January 19th, 2019-00:12
It is quite to the contrary: Patek increased theire prices up to 40% in two years after the american mortgage crisis. I guess Patek got their losses from the stock market balanced by theire customers. Quite an irony ...
Nautilus prices are clearly in bubble territory
By: Langeholic : January 19th, 2019-01:03
No doubt a crisis of the magnitude we saw in 2008 will impact prices. The premium will most likely be eroded temporarily, but I think RRP will hold up.
Understood.
By: 中野れい : January 19th, 2019-01:58
But market is hard to predict. We shall see IF it happens, it may not at all. If only we knew...
Of course
By: lascases : January 19th, 2019-01:15
this model in particular is being bought by tons of people that need to stretch to wear a fashion item. Also, the watch is kind of a mass product. Prices will drop significantly at some stage. Does not need an exonomic ctisis for this to happen...
Probably not...
By: Poky : January 19th, 2019-02:46
The high end luxury market usually continues regardless. The people that are usually hit the hardest are the so called middle class.
agree [nt]
By: Passionata_george : January 19th, 2019-02:54
I am very positive
By: lascases : January 19th, 2019-11:46
that the average Nautilus customer these days is much more middle class (using your definition) as the traditional Patek collector. Many Nautilus buyers are much younger, with less money - buying to also own this „fashionable“ sports watch. This demand is...
A Patek steel watch is considered something special
By: dr.kol : January 19th, 2019-05:44
and it is. But it isn’t that special that it would make any kind of sense to pay for 5711 Nautilus the same as pieces of Rolex Datejust. According to my experience Rolex is even more accurate, has a better clasp and is mre scratch resistant. Naturally oth...
Problem solved!
By: GreatPilot@me.com : January 19th, 2019-07:17
Like me, if you don’t ever pay over retail you will not get hurt. I see very little risk for buyers that are patience and stay off the secondary market, let the people with more money than sense pay whatever they want albeit driving the price up (for now)...
"more money than sense"
By: Baron - Mr Red : January 23rd, 2019-09:32
This sentence is often seen as derogatory. Yet..... 1) If you are very stupid yet STILL have more money than sense then surely you are doing relatively well? Certainly better than most expected. or 2) If you are really smart and have more money than sense...
:-)))) Well said!
By: 中野れい : January 23rd, 2019-19:46
Maybe an average Joe won a lottery or hit jackpot in a casino?
next crisis will not be anything like the 2008 crisis...
By: keks : January 24th, 2019-11:08
so a difficult exercise to contemplate in my opinion... major difference being that we had global central banks coordinating a rescue ten years ago. Next crisis will have a different trigger and unlikely have the same response. And even if it did the resp...