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4 October 2024, 09:54 PM | #1 |
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5167 ( my first purhcase)
I am finally going to buy my first high-end watch. I am fond of the Patek Philippe 5167 and have been searching for about six months. I was wondering what the correct price range I should expect to pay is, and what sites, other than Chrono24, you would suggest for finding the watch. How much emphasis should I place on a "never worn" condition versus a "good condition" pre-owned watch?
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5 October 2024, 03:45 AM | #2 |
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A used one in NA on bracelet probably will sell for ~$50K with FB&P, meaning that it has some wear, but no significant scratches and defects.
I have a mid-2010s one and was trying to decide whether to keep it or sell it. I shopped it to two dealers this week and one offered to consign it with my net price being at best $41K if it sold for their starting price. Another dealer that was willing to buy it was offering in the mid 30s. Both were going to price it to sell around $50K. So for owners who want to cash out quickly, the dealer buying angle has significant consequences. |
5 October 2024, 04:44 AM | #3 |
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Definitely buy brand new for an aquanaut. That's my opinion. I don't want anyone else's hairlines on my Patek
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5164R Aquanaut "Tiffany & Co" 18238 Champagne Day Date |
5 October 2024, 05:47 AM | #4 |
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On Facebook groups, I’m seeing high 40s low 50s depending on condition and if a complete set, so 50 on chrono24 sounds about right
If you’re planning on keeping the watch forever, I’d spring for brand new. If you like swapping watches, you’re probably better off buying in good condition but not brand new |
5 October 2024, 10:27 AM | #5 |
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I would be cautious about buying from chrono24 or FB. Always buy the seller- pay extra for piece of mind. Check out trusted sellers like davidsw, European watch co, Watchbox, etc etc
Sent from my iPhone using Tapatalk Pro |
5 October 2024, 06:31 PM | #6 |
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This recent thread may be helpful...
https://www.rolexforums.com/showthread.php?t=959476 People say buy the seller but some of the sellers you see getting recommended all the time are playing games too. They advertise watches in like new condition which look like new to the untrained eye but have just been "touched up" from a more or less banged up condition for the sale. You better be able to properly evaluate the condition yourself. |
6 October 2024, 12:40 AM | #7 |
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All the advice to inspect a potential watch purchase in person assumes the buyer is experienced enough to evaluate the watch. My personal experience is that other than the most obvious indications e.g. pointed crown guards, this is unrealistic. I don't have a good solution other than maybe buy older knowing it's been nicely polished and enjoy it for what it is.
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7 October 2024, 10:26 AM | #8 | |
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I think u got bid side of equation, somewhere around mid 30s. U can figure out the fair margin on your own. |
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7 October 2024, 09:50 PM | #9 | |
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Quote:
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7 October 2024, 11:15 PM | #10 |
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May u suggest please what is the high end aspect of that movement? I see none. It is a pedestrian movement with silicone hairspring. Just that alone would disqualify it from being high end.
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8 October 2024, 02:38 AM | #11 | |
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OP, It looks like $48000 USD range for complete 5167s on Moda (through Facebook). I personally wouldn't care if it was unworn or pre-owned, but I prefer complete sets. |
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8 October 2024, 05:56 AM | #12 | |
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That being said, if you find these calibers « pedestrian », I wonder if you have ever seen one « uncased » and had a close look at their finishing or are aware about their reliability, precision and versatility. You can find the 26-330 in the 5160/500R (a retrograde perpetual calendar, considered as « Rare Handcrafts » by PP). |
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8 October 2024, 08:16 AM | #13 | |
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Quote:
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8 October 2024, 11:33 AM | #14 |
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Have you ever seen a Patek in person?
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5164R Aquanaut "Tiffany & Co" 18238 Champagne Day Date |
8 October 2024, 03:47 PM | #15 | |
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I also have the feeling that, for the Aquanaut, you are confused about the work on the caliber (which was my point), and the work on the case and bracelet. Even though the case of the Aquanaut is not as sophisticated as other cases that PP makes (e.g. Nautilus, to mention a sport watch), the finishing level requires quite some effort and skills. I cannot comment on the bracelet since I have never inquired about this part. A 5167 is also 8.1 mm thin, thanks to the « pedestrian » caliber 26-330, and rated 120 m (despite PP’s recent communication) with a sapphire crystal case back, thanks to the « below average finished » case. You must have extremely high standards to consider that the 26-330 and an Aquanaut are pedestrian and finished below average. |
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8 October 2024, 09:58 PM | #16 | |
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So the characteristics of a high end watch are unreliability, lack of precision and fragile nature? That doesn’t really make sense. Of course Aquanauts have a more basic movement with running seconds and a date. My older 324 movement is well finished, and seems appropriate for its price point and at a similar level to my 5712. Nothing wrong with that to me. Sent from my iPhone using Tapatalk |
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8 October 2024, 10:16 PM | #17 | |
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In case of such a mistaken endeavor, please compare and contrast it to Paget Polo field watch that goes for about $10k… |
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8 October 2024, 10:22 PM | #18 | |
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Quote:
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8 October 2024, 10:27 PM | #19 |
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9 October 2024, 05:20 AM | #20 | |
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I wish you good luck with your opinions. |
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9 October 2024, 05:32 AM | #21 |
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1110P movement looks like it's from a $800 Tissot watch. I feel better about this too lol
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5164R Aquanaut "Tiffany & Co" 18238 Champagne Day Date |
9 October 2024, 08:58 AM | #22 | |
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What misses the point is saying that a high-end movement is not precise, accurate or robust. With your example, I think Mr. Dufour would take serious issue with your premise that the Daytona's movement is better than his Simplicity movement in all three of these categories, especially with the massive price difference. At heart, he's a watchmaker and takes pride in making a watch that accurately tells time. To bring it back to the OP's question, the Aquanaut has a great movement with nice finishing. While it is the entry level sports watch for Patek, it is still a Patek, which most people would consider high-end. |
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9 October 2024, 01:20 PM | #23 |
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grey they go for 60-90$k pending condition and year etc
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11 October 2024, 11:10 AM | #24 |
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I owned the 5167.. 2 things I dun like is the clasp(old type) usually it lock the top part and bottom part then u need to press in again to ensure both are lock. No issue with those fitted with newer clasp now..
2nd is the date wheel.. Encountered occasionally the date wheel change "half" and struck there for the rest of the day. Send in to service center.. They said if not very frequent then is not advice to open up the watch. I loves the watch.. Is super slim and under the radar watch with reliable movement. However the hype is too much for such a basic patek movement.. I traded up to the 4947 annual calender and still get 16k. No date wheel issue, no clasp issue and is a patek complication with a gorgeous blue satin dial. What can I ask for. |
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