5711 offers

[koz123]

I've had a few different offers for my 5711/1a Blue, I'm curious what you all think is a good number to take. I had one for 37.5 which feel through and I have a solid one for 32.5 and 35.

Thanks.

[texasmade]

Fairly new and good condition, shoot for $40k!

[koz123]

Dec 2014 in good condition not perfect, first owner.

[Shaun5]

What is the consensus for a white dial? I’m curious what the price increase will do to the already inflated secondary market...


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[alubin]

I think 36-39k given the year and condition. 32.5 is far too low and 35 is almost there. Given where dealers are pricing them I think you should have no problems getting your number


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[ap1]

40 - that’s my number

[wulin]

Depends on what else you have. If you have another 57xx nautilus, I would take the 35k cash.

[Liger187]

I have one too and it would take 40 plus for me to sell it.

If you are set on selling it do not take less than 39.

[AK797]

40 is a UK price, like £28K, I'd take 35 in US.

[HorologyK]

38-40

[kilyung]

I wouldn’t move mine for less than 40 but then again I’m not selling

[beshannon]

Originally Posted by kilyung

I wouldn’t move mine for less than 40 but then again I’m not selling

I agree

[GB-man]

Well I like 35 better than 32 lol does that help?

I don’t see it listed for sale...you should pledge and actually list it instead of this sort of behind the scenes stuff. You’ll get more buyers and I think you could get around 38k if it’s in decent shape.

[koz123]

Originally Posted by GB-man

Well I like 35 better than 32 lol does that help?

I don’t see it listed for sale...you should pledge and actually list it instead of this sort of behind the scenes stuff. You’ll get more buyers and I think you could get around 38k if it’s in decent shape.

I plan on it thank you, I’ve sold on here before buy my box and papers are at my Long Island Home so I can’t take photos yet.

[thomaspp]

$1 million dollars


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[Ichiran]

Someone recently near my area sold his for 54.5k. Nov 2017 blue.

That piece was listed for only 1 week max.

[soundserious]

Originally Posted by Ichiran

Someone recently near my area sold his for 54.5k. Nov 2017 blue.

That piece was listed for only 1 week max.

Jaw...dropped.

But gotta call bs on that man.

[Ichiran]

Originally Posted by soundserious

Jaw...dropped.

But gotta call bs on that man.

There are another 2 pieces in Tokyo listing for around that price.

Japanese do not haggle over listed price.

[kilyung]

Originally Posted by Ichiran

Someone recently near my area sold his for 54.5k. Nov 2017 blue.

That piece was listed for only 1 week max.

Hmm. Now we’re talking.

[Defiancekofb]

Originally Posted by koz123

I've had a few different offers for my 5711/1a Blue, I'm curious what you all think is a good number to take. I had one for 37.5 which feel through and I have a solid one for 32.5 and 35.

Thanks.

Personally, If I was selling, I would wait a bit longer until the price increase takes effect and you will see the market prices shift accordingly. It might go up substantially or could go down, such is life. Either way, you will make a hefty profit.

PS - I would agree with others, real market value is around $35-39k currently. You can't rely on Chrono24 or TRF Trusted Sellers prices. Sure they list it for $45-50k+ but you can ask for what ever price you want, but doesn't necessarily mean you will get it.

Originally Posted by Ichiran

Someone recently near my area sold his for 54.5k. Nov 2017 blue.

That piece was listed for only 1 week max.

What area might this be?

[Ichiran]

Originally Posted by Defiancekofb

What area might this be?

Greater Tokyo...

[sensui]

Originally Posted by Ichiran

Greater Tokyo...

Not shocked according to the grey prices I saw last time in Tokyo. Before this craze took over, close friends that both wear complications from them (annual calendars) bought them from the official AD in Shibuya. I asked them to talk to them a month ago on steel Nautilus....seven to eight years on the 5711 and 3-4 on the 5712....they did mention the white gold 5712 could be available in seven months....here's the kicker, full non refundable deposits and if (this was before word of the price increase) the price goes up...you have to pay up...I tried hard not to laugh since it was all video conferenced. I'm on the lists in the states but I'm already way over this thing (sure I'll buy at msrp if the call ever comes)....it's a great watch no doubt but there are far better ways to spend this kind of money if we're talking stainless...that is just fact. Congrats though to the guys that already has them...imo this is not a good look for Patek at all...time will tell if this pays for them the same way Daytona plays for Rolex...for many reasons, I don't think this ends well for the brand.

[Defiancekofb]

Originally Posted by sensui

Not shocked according to the grey prices I saw last time in Tokyo. Before this craze took over, close friends that both wear complications from them (annual calendars) bought them from the official AD in Shibuya. I asked them to talk to them a month ago on steel Nautilus....seven to eight years on the 5711 and 3-4 on the 5712....they did mention the white gold 5712 could be available in seven months....here's the kicker, full non refundable deposits and if (this was before word of the price increase) the price goes up...you have to pay up...I tried hard not to laugh since it was all video conferenced. I'm on the lists in the states but I'm already way over this thing (sure I'll buy at msrp if the call ever comes)....it's a great watch no doubt but there are far better ways to spend this kind of money if we're talking stainless...that is just fact. Congrats though to the guys that already has them...imo this is not a good look for Patek at all...time will tell if this pays for them the same way Daytona plays for Rolex...for many reasons, I don't think this ends well for the brand.

When I got my 5711, I left a 50% deposit and my AD stated verbally and on the receipt that the final sale price is determined at the time of delivery. So essentially my deposit didn't mean squat. I got my watch Oct of last year and thankfully no increase was in effect that time. Godspeed to those who haven't received theirs before March. I would have been fine with a 5-10% increase in MSRP but 20%? Ludicrous. But that being said, if you can get a 5711 at MSRP, you are still in a great position. People will pay the premium to own arguably the most scarce steel watch on earth.

[tng11]

Originally Posted by Ichiran

Someone recently near my area sold his for 54.5k. Nov 2017 blue.

That piece was listed for only 1 week max.

$54.5K for a SS, time only watch. Almost makes the already nutty grey prices on the 15407ST seem reasonable. If this isn't tulip mania, then I don't know what is.

[lapince]

Originally Posted by Ichiran

Someone recently near my area sold his for 54.5k. Nov 2017 blue.

That piece was listed for only 1 week max.

Whaaaaaattttt???

[Calatrava r]

Someone said a million, but seriously, I would not take less than 100K on a quick sale. These watches are going straight up.

[tyler1980]

Originally Posted by Calatrava r

Someone said a million, but seriously, I would not take less than 100K on a quick sale. These watches are going straight up.

i sincerely hope not. People will literally be putting money into watches instead of retirement accounts. Then it will get really messy later.

[GB-man]

Originally Posted by Calatrava r

Someone said a million, but seriously, I would not take less than 100K on a quick sale. These watches are going straight up.

[SL BRABUS]

Who in the right mind would buy a SS 5711 for 54K....

At that price you could get a 5711R......

[wulin]

Originally Posted by Ichiran

Someone recently near my area sold his for 54.5k. Nov 2017 blue.

That piece was listed for only 1 week max.

You can get a 5990 at 54.5K, without waiting.