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26 January 2024, 08:15 PM | #1 |
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Patek 5172G Pricing?
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?
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26 January 2024, 11:35 PM | #2 |
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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.
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27 January 2024, 12:48 AM | #3 |
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I’m going grey on 5320 for the same reason. 97 retail. 63 grey with a better dial.
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27 January 2024, 02:30 AM | #4 |
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people were forced to buy all these to get hot sports models - prices unsustainable
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27 January 2024, 02:44 AM | #5 |
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Yeah, I 'm in the same boat for a 5172G. Grey or pre-owned seems to be the way to go.
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27 January 2024, 02:47 AM | #6 | |
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27 January 2024, 04:11 AM | #7 |
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27 January 2024, 06:49 AM | #8 |
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“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.
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27 January 2024, 07:20 AM | #9 | |
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Forced to pay perhaps over zealous prices |
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27 January 2024, 08:30 AM | #10 | |
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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. |
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27 January 2024, 08:32 AM | #11 |
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27 January 2024, 08:56 AM | #12 |
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28 January 2024, 03:51 PM | #13 |
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You can get 5712g blue dial for $55k ( preowned) and $60k all day long on the grey market.
Still, insane prices Sent from my iPhone using Tapatalk |
28 January 2024, 04:59 PM | #14 | |
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28 January 2024, 05:34 PM | #15 |
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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.
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28 January 2024, 06:34 PM | #16 |
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28 January 2024, 06:47 PM | #17 | |
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29 January 2024, 11:48 PM | #18 |
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Go grey or even better for a 5070. The G is very nice.
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30 January 2024, 05:53 PM | #19 |
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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
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IWC: PRT Minute Repeater, Pilot 36, Pallweber, Vintage Pilot Tribute, Ingenieur Patek: 5098P, 5738R, 5120G, 5172G, 6119R JLC: Reverso, Duomètre, Polaris Memovox, MUTM Enamel AP: 15202ST Lange: Lange 1, Copper Blue, Richard Lange, 1815 Up/Down Rolex: 116000, 116520, 126655, 124060, 116505, 228238 Panerai: Luminor 676 Omega: Aqua Terra, SM 300, Museum N°10, 321 EW, CK 859 Cartier: Santos M, Tank LC VC: Cornes De Vache, Triple Calendrier, 222, 4300V/120R FPJ: CS LF: Classic Micro Rotor |
30 January 2024, 09:29 PM | #20 |
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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.
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30 January 2024, 10:47 PM | #21 |
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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).
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31 January 2024, 02:56 AM | #22 | |
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31 January 2024, 10:30 AM | #23 |
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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!!!! |
31 January 2024, 11:58 AM | #24 |
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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.
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31 January 2024, 01:56 PM | #25 | |
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That’s the way to go just got to be patient and wait for one to show up at your AD Sent from my iPhone using Tapatalk |
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