Reply With QuoteThe implication being that it’s ok for a 5711 blue to be 90% above rep but not an aquanaut?Originally Posted by paneristi372
Just seen 2018 5167A on Watchfinder.co.uk at the eye-watering price of £27500. Obviously, this is only what they are asking but its a fair jump from 2018 one they had last month at £24500 which has obviously been sold!
https://www.watchfinder.co.uk/Patek%...91/item/129392
They even have an old 5065 from 2006 with no box at £23750!
Will the madness ever stop?
Who knows!
Surely WF are using these watches as px leverage and jumping on the people who trade 3 SS Rolex Sports for a Patek etc?!?! I genuinely can't see anyone walking into a store and paying £27500 for a watch that retails at £14500 nearly a 90% increase! Thats almost the same % increase as the 5711 blue!
The implication being that it’s ok for a 5711 blue to be 90% above rep but not an aquanaut?
The Aquanaut has never been as popular for the masses as the Nautilus. My 5711 didn't last long and the 5167 is by far my preferred PP. Was just amazed to see Aquanauts up at over £20k, let alone £27500!
It was never as popular in the past, and seen as a cheap Patek. Now of course there is no such thing as a cheap Patek. I’m not sure the same polarity in popularity still exists today.
Availability and deemed desirability have all affected the price on the used market - demand far exceeds supply, and the demand has increased substantially against a similar level of supply - so...
Its a great watch, I’m looking forward to picking mine up and a new style dial 5711, at some stage when my name becomes No.1 on the list - shouldn’t be too long now :)
The price increase on the used market is a nice to have, but it was never the reason I ordered any Patek in the first place.
It's just a matter of time...
I'm lucky enough to have bought my 5712A about seven years ago, before they became scarce. They are now nudging £50k on the secondary market.
While ive been tempted, I’ve always preferred the 5711. But, I am sure when I go and pick up my new watch from the boutique, I’ll order one to add to the fleet ;)
It's just a matter of time...
The 5711 is great, but I already had another PP with the 324 movement, and wanted something with a different calibre. Plus I love the wacky dial layout.
I like the crazy styling, but one of my usual pet hates on a more complicated watch is an exposed 31 day date wheel - so... but we will see.
It's just a matter of time...
Interesting pet hate. I like the way it gives you a kind-of analogue view of how far through the month you are.
And I love watches where subdials eat the hour indices.
I've never actually seen a 5712 in the flesh but I as a rule am not a fan of the date displayed like that. Would have much preferred the date to be at 6 beneath the moon phase a la 5726. Would I be correct in thinking the movement in the 5712 is the same as the discontinued Neptune?
I think so - same dial layout, at any rate.
27k is about right for retail, and they go instantly.
I keep having to remind myself that I buy what I like and sell when im ready having moved mine for 12.5k ish just over a year ago
I know how you feel.27k is about right for retail, and they go instantly.
I keep having to remind myself that I buy what I like and sell when im ready having moved mine for 12.5k ish just over a year ago
I was offered a nearly new one less than two years ago for around the same price 12k and turned it down as the watch did nothing for me on the wrist.
Goes to show i know nothing about this hobby.
When i put my name down for a 5711 I was offered a 5712 with a 6 month lead time, however I turned it down as I don't like the way the date dial cuts in to the indices.
I don't think predicting and profiting from moneyed herds is in the hobby section of this business. If you were to spend your leisure time tracking and exploiting other people's tastes, it wouldn't really be leisure would it?
J@sus really?? That is incredible for a 5167A.27k is about right for retail, and they go instantly.
I keep having to remind myself that I buy what I like and sell when im ready having moved mine for 12.5k ish just over a year ago
they will all keep going up until they go pop. next recession, people getting bored, pp being sold off and steel ramp up, something like that will shock the system. until then up they go as more jump on the band wagon.
Almost certainly very true. Therefore it makes sense to buy them and keep them and pass them onto friends and family when you expire the mortal coil.
I use the same shotgun I bought forty years ago and yet I have friends who turn up with a different gun at every shoot. Buy it and keep it, you know it makes sense.
Have you ever noticed if these shotguns your friends discard so freely still have visible serial numbers?
"A man of little significance"
I would guess that 90% of the guns used at the shoots are English and it is almost unheard of for English shotguns to have their serial numbers erased.
I love it when hour indices are chomped by subdials. The only other watch I have that does this is the JLC RDM 37mm.
The 5712 is a bit of an anomaly for me - there is nothing about the feature that I like/need in a watch - sub dial seconds, I’d prefer centre seconds - exposed date wheel, NO! - Sub dials that eat into dial markers, WTF lazy designers - a bloody power reserve!!! There are no redeeming qualities in the features offered for my tastes and dislikes in general; but I love it lol
It's just a matter of time...
Crikey, all of those things are huge positives, in my book. I vastly prefer small seconds to centre seconds, I prefer date wheels to date windows, and there's almost nothing better than truncated or absent hour indices.
Power reserve is useful if you are wearing other watches in rotation. My favourite current watch is the FPJ Octa Automatique, where the power reserve takes up as much dial area as the time indication.
Just goes to show how one man's trash is another's treasure. Cheers.
Last edited by Holsterman; 6th February 2019 at 20:08.
Love the 5712. Couldnt decide between that and the 5711 so went with the cheapest but more desirable 5711.
If someone offered a swap I must admit would be tempted by the quirky 5712
Insane
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One fine day this insane greed will bite the dealers right royally in the arse! They will look around and bleat “Where have all our customers gone”? The customers will in the main reply “FU”!
Last edited by KavKav; 6th February 2019 at 21:00.
Wow. Very strong pent-up anger there, sir.
I don’t disagree with the sentiment although I’d not throw all grey dealers into the same pot. The reality is that the dealers are more likely than Joe public to see market changes happening and have time to insulate themselves.
I felt exactly the same, why have a power reserve on an automatic watch, moonpahse on a sports watch doesn't sit right with me but having said that I absolutely love the 5712.
Aesthetics aside, isn’t an automatic watch exactly what you need a power reserve indicator for? At least, that’s what I use them for. If I’m wearing a manual watch I know when I last wound it.
I've always been of this exact opinion.
If anyone is in South Korea there's one on rubber in the window of the Patek AD on Apgejeoung-ro in Seoul.
Massively overrated watches at RRP IMHO - the movement is a joke with low PR, no hacking and poor shock resistance. Want an amazing dive watch? Get a 50 fathoms- it's a better watch than the 5167
No, not for me. I often forget to wind my manual watches when I'm wearing them, so a PR indicator can be very useful. However, on an auto - and whilst I don't have any real issue with them personally - I can't see the point at all.
Interesting, never thought of it that way.
I agree.
This is why I like a PR on manual wind. I have a wide range of watches both autos and manual wind. So sometimes I forget that I am wearing a manual and not an auto so if I forget to wind my manual then the PR is a good reminder and prompt!
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But... It's not a dive watch. if you wore any watch as a daily PR is irrelevant, in fact it's virtually irrelevant for any watch I've owned. Either you like the looks or your don't. I don't see the problem with owning both the 50 Fathoms and a 5167, however I see a lot of potential buyers having a slight problem with a 45mm case compared to the slim line 5167. As to poor shock resistance, I have yet to drop my Patek with the same 324 movement, but have had both Rolex and Omega watches need to go for services after being dropped on the floor.
I'd say they are far from over rated at RRP, as the used price attest to. However, for the majority of people looking to buy a watch and wear it without giving a second thought as to resale/servicing etc. then there may well be a better options out there for them (either at the same or a much lower entry point) - but that said, sometimes if you have decided you want a particular product anything else would be a compromise.
It's just a matter of time...
PR is useful on any watch, IME.
Personally, I wouldn't engage in any "sports" whilst wearing any mechanical timepiece. The 5712 isn't really intended for "sports".
It's a watch I quite like the look of but I wouldn't spend £27,500 on one even if I had that to spend!
I play a bit of snooker wearing mine.
This is the difference between a vintage collector and one who isn't. I don't forget to wind a watch because that's most of them.
In the Sotadic Zone, apparently.
Steady on!
If I still had mine, I’d be straining vegetables with it, instead of using my SD4k.....
Or had mine!
Haha, I think you are right Alan. When I wear one of my automatic watches, I walk a little taller because I’m using a piece of sophisticated modern technology :). I like hearing the rotor moving.
Mind you, I might walk a bit taller still wearing one or two of Tony’s collection.
Don’t remind me Simon
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