Patek 5172G Pricing?

[Gandor]

I'm looking at getting a 5172, but is it just me or is the retail pricing absolutely insane for a manual wind chronograph at 82.8k? Am I missing something that makes the 5172 special to justify it's pricing over say the 5905R which is not only a chronograph, an automatic one at that, but an annual calendar as well at 75.1k?

[Liza]

Yes, its absolutely insane and not justifiable at all. Patek hiked their retail price so much during the bubble years and now they look utterly ridiculous. You can find this watch in the low 60s brand new all day long on the gray market. And if you haggle just a bit, you might even get it in the high 50s.

[GGGMT]

I’m going grey on 5320 for the same reason. 97 retail. 63 grey with a better dial.


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[smallcollector]

people were forced to buy all these to get hot sports models - prices unsustainable

[IGY]

Yeah, I 'm in the same boat for a 5172G. Grey or pre-owned seems to be the way to go.

[Russell996]

Originally Posted by Gandor

I'm looking at getting a 5172, but is it just me or is the retail pricing absolutely insane for a manual wind chronograph at 82.8k? Am I missing something that makes the 5172 special to justify it's pricing over say the 5905R which is not only a chronograph, an automatic one at that, but an annual calendar as well at 75.1k?

You are missing something, the 5172 is a horizontal clutch manual wound piece compared to a vertical clutch automatic. The price disparity with regards to number of functions is clearly large but the movements are not comparable. The price differential grows further with 5270, 5370 and 5204 which are all horizontal clutch manual wind with increasing complexity.

[Calatrava r]

Originally Posted by smallcollector

people were forced to buy all these to get hot sports models - prices unsustainable

I think they still are. Who knows if full retail holds up. I think it will given the demand for the sports models.

[Coolcamden]

Originally Posted by smallcollector

people were forced to buy all these to get hot sports models - prices unsustainable

“Forced to buy” a Twenty Four, or a ladies watch may be, but the 5172 is one of the best looking complications model Patek makes. It’s like forcing to eat caviar and peeled grapes.

[smallcollector]

Originally Posted by Coolcamden

“Forced to buy” a Twenty Four, or a ladies watch may be, but the 5172 is one of the best looking complications model Patek makes. It’s like forcing to eat caviar and peeled grapes.

You're right. . it's a great piece. allow me to rephrase


Forced to pay perhaps over zealous prices

[llngoc]

Originally Posted by Gandor

I'm looking at getting a 5172, but is it just me or is the retail pricing absolutely insane for a manual wind chronograph at 82.8k? Am I missing something that makes the 5172 special to justify it's pricing over say the 5905R which is not only a chronograph, an automatic one at that, but an annual calendar as well at 75.1k?

The 5172 is an integrated manual chronograph movement. Comparing it to an automatic module based movement is like comparing a Ferrari to a Mercedes. Refine vs industrial.

Go in and start/stop the chronographs for both references and you should be able to tell the difference.

[llngoc]

Originally Posted by IGY

Yeah, I 'm in the same boat for a 5172G. Grey or pre-owned seems to be the way to go.

I have both the 5320 and the 5172. I would give up any Nautilius or aquanaut for them and not the other way around.

They are really what Patek is about

[Coolcamden]

Originally Posted by llngoc

I have both the 5320 and the 5172. I would give up any Nautilius or aquanaut for them and not the other way around.

They are really what Patek is about

Absolutely with you.

[Nico81]

You can get 5712g blue dial for $55k ( preowned) and $60k all day long on the grey market.
Still, insane prices


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[pam66]

Originally Posted by Russell996

You are missing something, the 5172 is a horizontal clutch manual wound piece compared to a vertical clutch automatic. The price disparity with regards to number of functions is clearly large but the movements are not comparable. The price differential grows further with 5270, 5370 and 5204 which are all horizontal clutch manual wind with increasing complexity.

yes but take a look at VC cornes des caches. the RG model costs to my knowledge 60K GBP.....Patek pricing has gone insane, also compared to what they deliver. they brought out a few ugly ducklings in the last years as well as some stellar pieces, which are all above 100K GBP.

[Gandor]

Yeah, I wasn't even talking about prices outside of the brand, once you make that jump the 5172 is insanely overpriced. 60-70k for a precious metal manual wind chronograph makes a lot more sense.

[Partekular]

Originally Posted by llngoc

I have both the 5320 and the 5172. I would give up any Nautilius or aquanaut for them and not the other way around.

They are really what Patek is about

Exactly so.

[ChetBaker]

Originally Posted by pam66

yes but take a look at VC cornes des caches. the RG model costs to my knowledge 60K GBP.....Patek pricing has gone insane, also compared to what they deliver. they brought out a few ugly ducklings in the last years as well as some stellar pieces, which are all above 100K GBP.

That’s right. And I bet there’s more hand-finishing in the 1142 (or, similarly in the CH 27-70) than the CH 29-535. But then again VC is not Patek, and Patek will often command a premium.

[bob101]

Go grey or even better for a 5070. The G is very nice.

[nickorette]

It's actually a good deal, it's predecessor, the 5170 had a retail price of 87k USD -back when introduced in 2013. Not too many times I've seen manufacturers reduce price on replacements

[ts3]

Originally Posted by nickorette

It's actually a good deal, it's predecessor, the 5170 had a retail price of 87k USD -back when introduced in 2013. Not too many times I've seen manufacturers reduce price on replacements

Interesting observation and at least partially FX related. Over here 5172G is EUR 81k today and 25% up from 5170G at EUR 65k in 2013.

[SoylentGreenChi]

Big fan of the 5172 as I appreciate the history and mechanics of the reference. For pricing, I’d be comfortable with $60k - 65k usd, so second hand (through my AD) is my approach. Buying used with them counts towards my purchase history, which is nice (accept for application pieces, which is irrelevant for me).

[jon_jon]

Originally Posted by nickorette

It's actually a good deal, it's predecessor, the 5170 had a retail price of 87k USD -back when introduced in 2013. Not too many times I've seen manufacturers reduce price on replacements

Originally Posted by ts3

Interesting observation and at least partially FX related. Over here 5172G is EUR 81k today and 25% up from 5170G at EUR 65k in 2013.

In the US, initially the 5170J and 5170G were priced quite high at $87k USD. Subsequently Patek reduced the price for the 5170R as demand softened and watches sat around unsold. Pricing in other parts of the world varied as the currency exchange fluctuated quite a bit for EUR, GBP, CHF, etc and trying to adjust prices all over the world is not an easy task.

[patlex]

Was allocated a blue dial 5172G but i didn't take up the offer. I 'struggled' with the new chic and modern design of the 5172 against its predecessors (5070/5170), which are classy & timeless in design. In which case it's a fantastic timepiece and hopefully no regrets down the road ;-)
Come 1 Feb-24, another round of price increase!!!!

[dchang81]

Everything is expensive now. Had to buy printer ink and it was double from just a few years ago...I do recall the 5172 when it first came out was priced lower than the 5170. I mean back then the 5170 would trade in the high 40s and the lange chrono in the low 30s. The joke on this forum was how consistently there would be annual rolex price increases, but throughout the mania they've been the most reasonable with their increases.

[dauster]

Originally Posted by SoylentGreenChi

Big fan of the 5172 as I appreciate the history and mechanics of the reference. For pricing, I’d be comfortable with $60k - 65k usd, so second hand (through my AD) is my approach. Buying used with them counts towards my purchase history, which is nice (accept for application pieces, which is irrelevant for me).

That’s the way to go just got to be patient and wait for one to show up at your AD


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