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Thread: Patek Philippe buying help/support/enabling (5167,5164,5711 and 5712)

  1. #751
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    Quote Originally Posted by Kash View Post
    George there is a 5712 on sc, go buy it and shut this thread down
    Not a big fan of the 5712 sorry

  2. #752
    Don’t be sorry :)
    It's just a matter of time...

  3. #753
    Quote Originally Posted by GeorgeFalconer View Post
    Not a big fan of the 5712 sorry
    Not a big fan of PP watches generally. Yes they may be sculpted on the thighs of beautiful Swiss virgins, but you know what, they don’t look particularly nice

  4. #754
    Quote Originally Posted by noTAGlove View Post
    Not a big fan of PP watches generally. Yes they may be sculpted on the thighs of beautiful Swiss virgins, but you know what, they don’t look particularly nice
    They have enough models within the range to appeal to most.

    A few look nice enough to me, and that's all the matters. I'm sure as a company that they are doing OK.
    It's just a matter of time...

  5. #755
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    Few guys on the rolex forum have been told by ADs a 20% price rise in USA 1st March

    Obviously take with a pinch of salt........

    Hurry up George in case it applies to UK :)
    Last edited by kultschar; 23rd January 2018 at 23:40.

  6. #756
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    Quote Originally Posted by kultschar View Post
    Few guys on the rolex forum have been told by ADs a 20% price rise in USA 1st March

    Obviously take with a pinch of salt........

    Hurry up George in case it applies to UK :)
    I’ve just read that as well. Others on the thread have confirmed that they’ve seen the email/been told by their AD so it seems genuine.

    With the 19k 5711 being sold for 32k grey it kind of makes sense.

  7. #757
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    Quote Originally Posted by Devonian View Post
    I’ve just read that as well. Others on the thread have confirmed that they’ve seen the email/been told by their AD so it seems genuine.

    With the 19k 5711 being sold for 32k grey it kind of makes sense.
    Indeed does seem genuine with some old timers confirming.

    Hopefully does not apply here again!!!

  8. #758
    Grand Master markrlondon's Avatar
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    20% surely seems a bit excessive, though.

    Isn't it?

  9. #759
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    Quote Originally Posted by markrlondon View Post
    20% surely seems a bit excessive, though.

    Isn't it?
    20% is excessive, however the 5711 is selling for such a ridiculously high price over RRP (as high as 70%) Patek may have just decided to try and curb it. Only other alternatives are to either do nothing and let it continue or make more other them. I have read a few times that Patek is started to be seen by a few as a one trick pony as it's all about the desire and demand for the Nautilus. I don't necessarily think it's true but maybe this will stop it. After all human nature is we want what we can't have.

    And anyway what does any of us know, we could all be wrong.

  10. #760
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    What is the UK list for a 5167 just now?

    20% seems a lot, but if there is a robust market for flipping at that level, can for sure understand why PP would take that approach.

  11. #761
    So, WF have still not listed "my" 5712 despite buying it off me on the 16th, so either:

    1) They really are getting it "refinished" despite it being so close to mint IMHO as to make no meaningful difference

    or more likely

    2) They just sold it straight away to one of the buyers that are "on the list"
    Andy

    Wanted - Damasko DC57

  12. #762
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    Quote Originally Posted by andy tims View Post
    So, WF have still not listed "my" 5712 despite buying it off me on the 16th, so either:

    1) They really are getting it "refinished" despite it being so close to mint IMHO as to make no meaningful difference

    or more likely

    2) They just sold it straight away to one of the buyers that are "on the list"
    I think the latter is the more likely, in and out the door on the same day. I am sure they have waiting lists for 'special' customers.

  13. #763
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    Possible they also heard of price rise rumours and holding back your 5712???

    Prob unlikely but guess never know!

    I did look for it yesterday just to see what price they would slap on it

  14. #764
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    Quote Originally Posted by Senninha View Post
    What is the UK list for a 5167 just now?

    20% seems a lot, but if there is a robust market for flipping at that level, can for sure understand why PP would take that approach.
    Supposed to only be on the 5711/12 in SS. Current for the 5167 is 14.5 on strap (I think)

  15. #765
    Quote Originally Posted by andy tims View Post
    So, WF have still not listed "my" 5712 despite buying it off me on the 16th, so either:

    1) They really are getting it "refinished" despite it being so close to mint IMHO as to make no meaningful difference

    or more likely

    2) They just sold it straight away to one of the buyers that are "on the list"
    Is yours the newer of the ones here?
    http://www.watchfinder.co.uk/presale...erby=BestMatch

  16. #766
    Quote Originally Posted by gbn13 View Post
    Is yours the newer of the ones here?
    http://www.watchfinder.co.uk/presale...erby=BestMatch
    All the ones on that page are unpriced 'Awaiting Price - presale watch'. What does that even mean 'presale watch'? I don't believe that every single one on that page is a new arrival and awaiting inspection by their watchmakers.

  17. #767
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    USA price rises for 5711 and 5712 are supposingly

    5711/1A $29,803
    5712/1A $39,873

    Upon news of the hike the famous David SW grey dealer on the Rolex forum just listed a 5711 for $43,500

    Nuts!! Mines available for a mere 40K lol

  18. #768
    Quote Originally Posted by kultschar View Post
    USA price rises for 5711 and 5712 are supposingly

    5711/1A $29,803
    5712/1A $39,873

    Upon news of the hike the famous David SW grey dealer on the Rolex forum just listed a 5711 for $43,500

    Nuts!! Mines available for a mere 40K lol
    I want 42.k for mine ;)
    It's just a matter of time...

  19. #769
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    Apparently 5711 and 5712 have also had a UK price rise (worldwide rise)

    Not sure how much though / if also 20%

    Interesting its currently these two models only (allegedly).

    Guess PP sick of the grey dealer Nautilus profits and what a piece of the action.

    Really hoping this does not apply to other models as still pondering upgrading 5167 to 5164
    Last edited by kultschar; 25th January 2018 at 12:25.

  20. #770
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    Now being confirmed as a UK 20% rise for 5711 and 5712 UK

    By my poor maths I calculate the 5711 would be £22,824

  21. #771
    In that case I want 45k ;)
    It's just a matter of time...

  22. #772
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    Story of my life; I sold my 5711. Just like the Seadweller 4000. How is that for good judgement.

  23. #773
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    Quote Originally Posted by kultschar View Post
    Now being confirmed as a UK 20% rise for 5711 and 5712 UK

    By my poor maths I calculate the 5711 would be £22,824
    Is this from an AD? Would make the 5712 GBP 30k (roughly) which seems punchy and may change my future plans. Always wanted that model as slightly obsessed with the cheesy advert but currently that puts a 5980r not much more above it. Wonder what will happen to the 5167 prices in the grey market
    Last edited by crooky13; 25th January 2018 at 14:18.

  24. #774
    Quote Originally Posted by kultschar View Post
    Now being confirmed as a UK 20% rise for 5711 and 5712 UK

    By my poor maths I calculate the 5711 would be £22,824
    Yep looking at

    5711a £19,020 -> ~£22,824
    5712a £25,440 -> ~£30,582

    Makes the 5167/5164 look bargains hahaha

    The Aquanauts are surely going to feel a knock on effect with demand and possible adjustment down the line.

    Been posted on another forum an across the board PP price rise is looking to happen at Basel, these two have just been brought forward?!

  25. #775
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    Does anyone recall the proverb containing a goose and some golden eggs?

    Sent from my [device_name] using TZ-UK mobile app

  26. #776
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    all good news and will slowly bring things back to normality. There is a ceiling on steel modern watches, better PP take most of the profit than anyone else. I personally think we are nearing the end of this bubble.

    will be interesting if PP also decide to make more, rest of their line isn't selling so well so they will need to keep busy somehow.

  27. #777

    Question

    Quote Originally Posted by pitbull666 View Post
    Yep looking at

    5711a £19,020 -> ~£22,824
    5712a £25,440 -> ~£30,582

    Makes the 5167/5164 look bargains hahaha

    The Aquanauts are surely going to feel a knock on effect with demand and possible adjustment down the line.

    Been posted on another forum an across the board PP price rise is looking to happen at Basel, these two have just been brought forward?!

    Sam/Anyone know the current EU price for the 5167 please?

  28. #778
    Quote Originally Posted by Gareth-W View Post
    Sam/Anyone know the current EU price for the 5167 please?
    No sorry!

  29. #779
    Quote Originally Posted by Gareth-W View Post
    Sam/Anyone know the current EU price for the 5167 please?
    £14.5k on rubber and £16.8k on bracelet. Bracelet seems relatively easy to get hold of and at £16.8k now may be a smart purchase. If the Aquanaut follows suit with a 20% rise the rubber could increase to £17.4k.

  30. #780
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    Quote Originally Posted by pitbull666 View Post
    Yep looking at

    5711a £19,020 -> ~£22,824
    5712a £25,440 -> ~£30,582
    I’m on the list for both of these, but if these are the new list prices, I will have a rethink. The 5712 would be the same price as a 5146 annual calendar in gold...!

  31. #781
    Quote Originally Posted by ajw232 View Post
    £14.5k on rubber and £16.8k on bracelet. Bracelet seems relatively easy to get hold of and at £16.8k now may be a smart purchase. If the Aquanaut follows suit with a 20% rise the rubber could increase to £17.4k.
    Didn’t he want EU prices?

  32. #782
    Quote Originally Posted by mtagrant View Post
    I’m on the list for both of these, but if these are the new list prices, I will have a rethink. The 5712 would be the same price as a 5146 annual calendar in gold...!
    Going by the info on this price hike yeah should be around that, I’ve not had exact confirmation on price.

    Sadly the PP AD I use haven't been very good with comms of late.

  33. #783
    Quote Originally Posted by mtagrant View Post
    I’m on the list for both of these, but if these are the new list prices, I will have a rethink. The 5712 would be the same price as a 5146 annual calendar in gold...!
    A friends had confirmation the 5711a will be £22,080 as of the 1st March so not in immediate effect.

  34. #784
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    With this move from Patek I’m surprised we haven’t had a Rolex price increase thread yet

    In all seriousness, even though I doubt it will happen, a similar move with the 116500 and a couple of others would seem logical.

  35. #785
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    By comparison, the steel Daytona really is a bargain at £9100.

  36. #786
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    Quote Originally Posted by -Ally- View Post
    By comparison, the steel Daytona really is a bargain at £9100.
    Indeed but about as hard to get as a 5711

  37. #787
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    Quote Originally Posted by pitbull666 View Post
    A friends had confirmation the 5711a will be £22,080 as of the 1st March so not in immediate effect.
    Not expecting mine to be imminent, so will have to make some decisions at the higher RRP then

  38. #788
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    Quote Originally Posted by -Ally- View Post
    By comparison, the steel Daytona really is a bargain at £9100.
    If you are talking RRP a Silver Snoopy at £4.6k looks like a good deal when they now sell for £13k in a heartbeat. If only I had ignored those who said it’s got a dog on the dial

  39. #789

    Question

    Quote Originally Posted by ajw232 View Post
    £14.5k on rubber and £16.8k on bracelet. Bracelet seems relatively easy to get hold of and at £16.8k now may be a smart purchase. If the Aquanaut follows suit with a 20% rise the rubber could increase to £17.4k.

    Are those EU adjusted prices please?

  40. #790
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    Quote Originally Posted by Gareth-W View Post
    Are those EU adjusted prices please?
    UK RRP

  41. #791

    Question

    Quote Originally Posted by crooky13 View Post
    UK RRP

    Oh, thought the 5167 on rubber was £13,750 retail no?

  42. #792
    Quote Originally Posted by Gareth-W View Post
    Oh, thought the 5167 on rubber was £13,750 retail no?
    Prices went up 5% last September from £13,750 to £14,500

    5164a is now £26,050

    With the 5712 being £25,440 until the 1st March and the 20% kicks in..

  43. #793

    Quote Originally Posted by pitbull666 View Post
    Prices went up 5% last September from £13,750 to £14,500

    5164a is now £26,050

    With the 5712 being £25,440 until the 1st March and the 20% kicks in..

    Missed that one, thanks Sam mate.

  44. #794
    Quote Originally Posted by Gareth-W View Post
    Missed that one, thanks Sam mate.
    No problem, the only two I’m concerned about are the 5164a and 5990a.

  45. #795
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    Quote Originally Posted by pitbull666 View Post
    No problem, the only two I’m concerned about are the 5164a and 5990a.
    Do you not think there will be a price adjustment for these models at Basel? Can’t see them keeping the other sports models at the current level

  46. #796
    I wonder what George will do now ;-)

  47. #797
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    With GBP having strengthened more than 5% versus CHF over the past year or so, it's a heck of a time to be whacking on a price increases. Bonuses all around in Geneva I suppose. I could see a big price increase if GBP kept weakening, but the weak GBP which would have foreign buyers seeking to buy in the UK should be already correcting sharply.

  48. #798
    Quote Originally Posted by Senninha View Post
    With GBP having strengthened more than 5% versus CHF over the past year or so, it's a heck of a time to be whacking on a price increases. Bonuses all around in Geneva I suppose. I could see a big price increase if GBP kept weakening, but the weak GBP which would have foreign buyers seeking to buy in the UK should be already correcting sharply.
    Nothing to do with FX price fluctuation though. It is correcting the RRP against the secondary market. If a watch will easily sell for £20k why sell it for £15k. That’s just simple market forces. Personally I think they should sell to me for cost.
    It's just a matter of time...

  49. #799
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    If prices of EUR and GBP watches are set equivalent and GBP weakens, it's a huge incentive for EUR shoppers to buy in the UK - lower price, and no tax demerit. That's one of the trends we have seen recently. Strengthening GBP should go to lessening the attractiveness of that.

    Of course if domestic market is still incredibly robust, natural that PP would adjust to capture that benefit for themselves, rather than just leave money for people to buy, flip and profit.

  50. #800
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    Quote Originally Posted by Topcat30093 View Post
    I wonder what George will do now ;-)
    George has proved himself to be a no nonsense, straight talking guy who plays hardball - in all likelihood George commands a lot of respect from his AD. I’m sure they will do the right thing and honour the current price for our George

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