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Thread: Patek releasing 170 Tiffany 5711's

  1. #51
    They can only be bought in usa at Tiffany's thats if you are big vip spender

  2. #52
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    Quote Originally Posted by kultschar View Post
    This is absolutely hideous!!

    I am not keen on the green dial either
    PP will be devastated to hear this.

  3. #53
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    Quote Originally Posted by Mick P View Post
    PP will be devastated to hear this.
    I don't recall telling them

  4. #54
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    Tackiest thing I’ve seen to come out of patek ever.

    The nautilus in general has turned into a bit of a meme and this doesn’t help. If I were given the option to buy one at list on the basis I could never sell it I’d pass as I just don’t really see the appeal.


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  5. #55
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  6. #56
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    The nautilus is beautiful with a blue or grey dial. I'm not really a fan of the dark green, but this one is just hideous.

  7. #57
    Quote Originally Posted by RAJEN View Post
    Certainly not at the guys who are insecure about their sexuality.
    I’m very secure in that area thanks, however tacky is tacky regardless of sexuality I imagine?


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  8. #58
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    Quote Originally Posted by RobDad View Post
    I’m very secure in that area thanks, however tacky is tacky regardless of sexuality I imagine?


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    Of course it isn't; if you are gay and can carry it off, it's kitsch.

  9. #59
    Quote Originally Posted by M4tt View Post
    Of course it isn't; if you are gay and can carry it off, it's kitsch.
    Touché!


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  10. #60
    Grand Master learningtofly's Avatar
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    Quote Originally Posted by RobDad View Post
    I’m very secure in that area thanks, however tacky is tacky regardless of sexuality I imagine?


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    If you have to tell everyone you’re very secure...

    I’d have one at list for sure. Can’t swear I wouldn’t sell it though :)

  11. #61
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    Really glad I don’t see the attraction of the Tiffany blue dial, be it Patek or Rolex


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  12. #62
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    Doesn't look that great on social Media


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  13. #63
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    The patek is a nice homage to the pastel halios seaforth


  14. #64
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    Quote Originally Posted by ac11111 View Post
    The patek is a nice homage to the pastel halios seaforth

    That has a better date window


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  15. #65
    Grand Master jwg663's Avatar
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    I'm sure Didun will have an homage out within a day or two...
    ______

    ​Jim.

  16. #66
    Master Lammylee's Avatar
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    It’s official. Tiffany has invented the colour Turquoise.

  17. #67
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    I guess it’s the new trendy colour. Here’s Undone’s offering.

  18. #68
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    That shade of blue has been bubbling under for a year or two with quite a few watches available sporting it.
    Personally I quite like the colour but don;t think it suits the Nautilus. Overall I prefer the 'Bucherer Blue' collection. A lot more refined and less 'influencer' that said I'm jumping on the bandwagon with a 'lighty bluey' Seestern as an xmas prezzie so I have no legs to stand on.

  19. #69
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    Pedant hat on! Tiffany blue is Pantone 1837 its trademarked to them, so you can use similar shades, but NOT Tiffany blue or youre in deep kimchi.

    (cadburys has also trademarked their purple)

  20. #70
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    Quote Originally Posted by verv View Post
    Pedant hat on! Tiffany blue is Pantone 1837 its trademarked to them, so you can use similar shades, but NOT Tiffany blue or youre in deep kimchi.

    (cadburys has also trademarked their purple)
    They don't...they lost the battle


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  21. #71
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    *had also trademarked their purple.

  22. #72
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    Quote Originally Posted by ac11111 View Post
    The patek is a nice homage to the pastel halios seaforth

    And as of late, both are just as easy to get even on the secondary market.

  23. #73
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    Patek releasing 170 Tiffany 5711's

    $5.3m

    We’ll there we have it 1st auction done. I wonder what the secondary price will settle at….

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    Last edited by optix; 11th December 2021 at 16:47.

  24. #74
    Craftsman DigitalSeb's Avatar
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    Quote Originally Posted by optix View Post
    $5.3m

    We’ll there we have it


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    In that case this place has a bargain! Only for a mere $2.5m…




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  25. #75
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    Quote Originally Posted by optix View Post
    $5.3m

    We’ll there we have it 1st auction done. I wonder what the secondary price will settle at….

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    Crazy money but I guess like all these things, to the person buying it, it’s probably like £50 to everyone else.

  26. #76
    Grand Master wileeeeeey's Avatar
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    Quote Originally Posted by optix View Post
    $5.3m

    We’ll there we have it 1st auction done. I wonder what the secondary price will settle at….

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    Yep, 5.35m USD plus buyer's premium.

    Nuts.

  27. #77
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    The expression “ Im gobsmacked” has never been more appropriate!

  28. #78
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    I can’t remember the exact figure (16 or 17 million $’s from memory) but Paul Newman’s watch, as in the one he wore, at just over 3 times the price of this now seems like a bargain :-)

  29. #79
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    Insane amounts but this was also a charity auction so could be elevated prices?

  30. #80
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    Just a question.
    If said watch was then brought into the UK would VAT be payable on the 6 million auction price or 52K which is the retail price?

  31. #81
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    Quote Originally Posted by coredriller View Post
    Just a question.
    If said watch was then brought into the UK would VAT be payable on the 6 million auction price or 52K which is the retail price?
    The full value paid would be the correct value to use. Technically it would be the value declared on the shipping paperwork for customs purposes, which in theory can be whatever you choose. But I would presume for insurance you want to declare it at the full value paid. I’m assuming there likely would also be some customs duty payable on watches. It would not be a cheap import!


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  32. #82
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    From what I understand, there are two aspects to the ‘sales price’, of this watch. One is benefit to the charity and the second is the near equally tax deduction, available to certain entities.

    Both massively positive to certain buyers and with the apparent tax deduction, cost neutral too .

  33. #83
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    Quote Originally Posted by coredriller View Post
    Just a question. If said watch was then brought into the UK would VAT be payable on the 6 million auction price or 52K which is the retail price?
    the rrp is irrelevant, it's just a number. The taxable amount is the amount paid, shown on the receipt from the retailer.

    it does concern me when people say that the amount shown on the customs invoice can in theory be whatever you choose. That's called tax evasion and is illegal. Quite strange that people in the UK seem to condemn those in the public eye who contravene rules and then openly discuss doing the same.

  34. #84
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    Quote Originally Posted by Captaincook View Post
    One is benefit to the charity and the second is the near equally tax deduction, available to certain entities.

    Both massively positive to certain buyers and with the apparent tax deduction, cost neutral too .
    I can't say for certain in this case as it will be US law but in the UK a tax deduction simply means an amount that can be deducted from the total amount subject to tax. It doesn't mean the full amount is deducted from tax, simply that the tax (19 percent typically) isn't applied to that amount.

    Back on topic, I really like the Tiffany watch. Far out of my budget but I still like it.

  35. #85

    Patek releasing 170 Tiffany 5711's

    Quote Originally Posted by theancientmariner View Post
    I can't say for certain in this case as it will be US law but in the UK a tax deduction simply means an amount that can be deducted from the total amount subject to tax. It doesn't mean the full amount is deducted from tax, simply that the tax (19 percent typically) isn't applied to that amount.

    Back on topic, I really like the Tiffany watch. Far out of my budget but I still like it.
    Where does 19% come from?

    Surely it will be a higher rate tax here anyway.

    Edit:- You must be Scottish!
    Last edited by Kingstepper; 13th December 2021 at 07:26.

  36. #86
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    Quote Originally Posted by theancientmariner View Post
    I can't say for certain in this case as it will be US law but in the UK a tax deduction simply means an amount that can be deducted from the total amount subject to tax. It doesn't mean the full amount is deducted from tax, simply that the tax (19 percent typically) isn't applied to that amount.

    Back on topic, I really like the Tiffany watch. Far out of my budget but I still like it.
    It is, of course, the same in US law. Itemised charitable contributions are a deduction from gross income. No tax system could work if we could deduct contributions from our tax bills; nobody would pay any tax.

  37. #87
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    Quote Originally Posted by theancientmariner View Post
    the rrp is irrelevant, it's just a number. The taxable amount is the amount paid, shown on the receipt from the retailer.

    it does concern me when people say that the amount shown on the customs invoice can in theory be whatever you choose. That's called tax evasion and is illegal. Quite strange that people in the UK seem to condemn those in the public eye who contravene rules and then openly discuss doing the same.
    Just to be clear, my comment above was in no way intended to imply one *should* undervalue an item being imported. My point was more a practical one because I think often people don’t understand anything about how customs works. The fact of the matter is that customs won’t have any clue as to the retail price of the watch ($50k), or what was paid ($6.5m); the value needs to be declared, and any import VAT/customs duty assessed will be based on the declared value. As I noted, the correct value to use would be the value that was paid - which is certainly what you would want to use for insurance purposes.


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  38. #88
    Master sish101's Avatar
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    If you can't afford / obtain an Oyster Perpetual in Tiffany blue these is always this affordable timepiece.

    https://www.ebay.co.uk/itm/Pagani-De...-127635-2958-0

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  39. #89
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    Forgot to add the picture...

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  40. #90
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    Lol I actually want one of these pagani, like trolling Rolex and hype watches

  41. #91
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    So it’s official Patek is trolling everyone ….


    Don’t believe me look at the non Tiffany blue Rolex OP right now


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  42. #92
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    all we need is Hublot supreme watch..

  43. #93
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    This looks awful. You'd think it's fake but it's not.


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  44. #94
    Quote Originally Posted by gaurav_tzuk View Post
    Wonder what it will do to the prices of oyster perpetuals in that dial colour
    Guess we now know the answer to that question.

    Makes you think some of these brands take bets amongst one another. Who can come out with the most ugly eyesore of a watch and fools will not only buy it but pay several times over retail for it.

    Must be hard assembling a watch over there through the tears of laughter.

  45. #95
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    Man - that colour is yuk. Think will leave that to the ladies

    Last few weeks has gone from nuts to super nuts with anything Nautilus / Aqua and Daytona

    I take C24 with a pinch of salt but god knows what the hell my 5711 and 5167 will be by the time I'm back in the UK mid year.

  46. #96
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    It looks as though the original buyer backed out.

    https://www.hodinkee.com/articles/my...11-at-phillips

  47. #97
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    ^ Whatever you think of the watch, great for the charities. [I like the guy's style, shouting out his bids, from the front, in his jeans, trainers and overcoat - before he bailed at $5m.]

  48. #98
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    Quote Originally Posted by verv View Post
    I think it'll be a $million job.
    $250 each at the ‘Real Replica Watches’ store in St Kitts…..
    When you look long into an abyss, the abyss looks long into you.........

  49. #99
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    Quote Originally Posted by Chris_in_the_UK View Post
    $250 each at the ‘Real Replica Watches’ store in St Kitts…..
    Sign me up! Definitely better value for money..

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