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#1 |
"TRF" Member
Join Date: Dec 2019
Location: France
Posts: 223
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5740 market and discontinuation
hi everyone,
i am still struggling to find a 5740... the few dealers that have them are not flexible on prices and nothing new 2021/2022 below 220-230K... anyone knows if this is close to being discontinued end of this year? i am just not getting why would dealers sleep on a heavy hitter like this with little flexibility on pricing... i am not sure the same thing is true in US or asia. thanks for anyone who have insights. |
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#2 |
"TRF" Member
Join Date: Aug 2022
Location: I
Posts: 146
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Nobody except PP can say when 5740 will be discontinued.
The reason why dealers are not flexible may be due to the fact that they bought it at a high price and expect to have their margin and not take a blow. |
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#3 |
"TRF" Member
Join Date: Feb 2021
Location: USA
Posts: 2,548
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Do the grey dealer have the watch in stock? Or is it the case that it needs to be sourced?
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#4 |
"TRF" Member
Join Date: Dec 2019
Location: France
Posts: 223
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the dealers i spoke to...
have it in stock
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#5 |
2024 Pledge Member
Join Date: May 2018
Location: NY
Posts: 161
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What are you looking to spend? You only live once, if you have the funds buy it now and enjoy it
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#6 |
"TRF" Member
Join Date: Jan 2019
Location: U.S.
Posts: 845
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A 2019 model is coming to auction next month at Phillip's Geneva auction. Try your luck there.
Auction results have been soft for non-discontinued references - at least Sotheby's results from last month were about 15-25% lower than what I've seen grey dealers price their stock at. |
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#7 |
"TRF" Member
Join Date: Jan 2022
Location: Europe
Posts: 342
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anyone knows if this is close to being discontinued end of this year?
I think its really possible this or next year |
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#8 |
2024 Pledge Member
Join Date: May 2016
Location: UK
Posts: 4,209
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5740 isn’t close to being discontinued, even if the G goes in the next couple of years there will be an R and a P and maybe even a J. 👍
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#9 |
"TRF" Member
Join Date: Feb 2021
Location: USA
Posts: 2,548
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#10 |
"TRF" Member
Join Date: Jan 2019
Location: U.S.
Posts: 845
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#11 |
"TRF" Member
Join Date: Oct 2019
Real Name: HM
Location: 🇲🇾
Posts: 2,441
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#12 |
"TRF" Member
Join Date: Jan 2019
Location: U.S.
Posts: 845
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#13 |
"TRF" Member
Join Date: Nov 2012
Location: Earth
Posts: 142
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How many 5740G do y’all reckon they’ve produced?
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#14 |
"TRF" Member
Join Date: Feb 2022
Location: N/A
Posts: 87
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What are new 5740s going for currently on platforms such as moda? Unfortunately I'm not a member on these sites, I'd appreciate the input of someone who is.
I've seen them going for as low as CHF 205'000.00 on Chrono24 so I'm assuming you could pick one up for ~CHF 190'000.00, right? |
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#15 | |
"TRF" Member
Join Date: Jan 2022
Location: Europe
Posts: 342
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Quote:
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#16 | |
"TRF" Member
Join Date: Apr 2023
Location: united state
Posts: 3
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Quote:
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#17 | |
"TRF" Member
Join Date: Dec 2018
Location: LA
Posts: 60
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Quote:
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#18 |
"TRF" Member
Join Date: Dec 2019
Location: France
Posts: 223
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i tried with US dealers....
new, nothing below $220K... used, you can get at $200K. very few are available for sale.
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#19 | |
"TRF" Member
Join Date: Jul 2014
Location: Munich
Posts: 21
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Quote:
https://uhren-muser.de/catalogue/57288 |
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#20 | |
"TRF" Member
Join Date: Jan 2019
Location: U.S.
Posts: 845
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Quote:
Sheesh I would have bid if I knew about it. I’d do that price all day Sent from my iPhone using Tapatalk |
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#21 |
2024 Pledge Member
Join Date: Nov 2019
Location: Bay Area, CA
Watch: this
Posts: 1,270
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DavidSW has one for ~$227K looks to be complete set June 2022.
https://davidsw.com/shop/watch/patek...r-moonphase-4/ |
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#22 | |
"TRF" Member
Join Date: Apr 2010
Location: Europe
Posts: 412
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Quote:
Check watchcollecting.com there is one currently for bid which should end in 6 days. Previous prices very reasonable. Good luck! Sent from my iPhone using Tapatalk |
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#23 | |
"TRF" Member
Join Date: Jan 2019
Location: U.S.
Posts: 845
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Quote:
I’ve bid on the last few that popped up. All under 200k but still higher than my target price. Sent from my iPhone using Tapatalk |
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#24 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Mar 2017
Location: United States
Watch: Rolex and Patek
Posts: 11,045
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As someone else said, if you want the watch just buy one at the best price you can negotiate. Life is too short to fret over $220,000 watches if they are something you are able to purchase. It is what it is, which is, a seller's market on that piece.
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#25 |
"TRF" Member
Join Date: Aug 2021
Location: Buffalo
Posts: 241
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$226K is not a bad price for a 2022 5740G. Especially if it has the newer micro-adjustable clasp.
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#26 |
"TRF" Member
Join Date: Mar 2019
Location: San Francisco
Posts: 2,971
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220k is out of my range, but I enjoy shopping for the cheapest price. part of the deal/ journey. frankly, I don't ever need one specific watch. there is always another I can buy but if I snatch one up at a good price great if not no worries.
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#27 |
"TRF" Member
Join Date: Mar 2011
Real Name: B.
Location: Beverly Hills, CA
Posts: 3,507
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First time I am hearing of watchcollecting.com, has anyone purchased from any of their auctions? Any issues with authenticity? 6% buyers premium feels a bit steep albeit still less than Sotheby's.
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Richard Mille RG RM030 || Richard Mille RM72ti || AP 26240 50TH Green Royal Oak Chrono || AP Royal Oak Off Shore Gulf Blue 26238 || AP Royal Oak Blue JUMBO SS 15202ST || AP ROO Diver Green 15720ST || ♕ Rolex Platinum Daytona Diamond 116506 || Cartier Santos |
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#28 | |
"TRF" Member
Join Date: Apr 2010
Location: Europe
Posts: 412
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Quote:
https://www.watchpro.com/corders-col...ets-royal-oak/ Found about it here but didnt purchase anything. Prices do look reasonable for closed auctions compared to Chrono24 etc. Sent from my iPhone using Tapatalk |
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#29 |
"TRF" Member
Join Date: Aug 2015
Location: UK
Posts: 298
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Is the demand for the 5740 still high? Has anyone here had a recent success securing one on the grey market, and if so how much did you pay?
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#30 |
"TRF" Member
Join Date: Nov 2016
Location: Finland
Posts: 636
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Having tried this on my wrist I can say it is the most awesome PP I have seen.
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