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Hyperion · 11 December 2018, 07:43 AM

So. The watch of my dreams (5980/1A-001) are within reach at a price which at present time is at least -10% under the lowest offer on Chrono24. Unworn and full set from a small, local and independent dealer.

I'm buying to enjoy and wear first and foremost, and will probably only sell somewhere in the far off future (+10 years at least). That said, you can't neglect the fact that this is a serious investment.

Jump or wait - that's the question.

RHIII · 11 December 2018, 07:47 AM

A watch to me does not fall into the category of a ‘serious investment’ - it is a hobby.

Buy the watch and enjoy it. It is my favorite stainless steel Nautilus reference.

A Patek Philippe is a solid watch to spend $ on. That’s as far as I can go to that regard.

Sent from my iPhone using Tapatalk

Hyperion · 11 December 2018, 08:04 AM

Quote:

Originally Posted by RHIII

A watch to me does not fall into the category of a ‘serious investment’ - it is a hobby.

Buy the watch and enjoy it. It is my favorite stainless steel Nautilus reference.

A Patek Philippe is a solid watch to spend $ on. That’s as far as I can go to that regard.

Sent from my iPhone using Tapatalk

I'm with you. I believe that this could be a future classic, as well as being my personal favorite as well.

There are more things to consider, including when and where to wear a timepiece like this...

sctp39 · 11 December 2018, 08:04 AM

JUMP! or pass along the dealer info!

Doesn't sound like you have to pay the NOS premium so wear it in good health and enjoy. I'm sure you can sell for a profit in the future.

HauteHorlogerie · 11 December 2018, 08:30 AM

BUY IT. I love the 5980/1A...wish I could find a good deal on a black dial black date wheel. But blue is good!!!

ap1 · 11 December 2018, 08:30 AM

Buy

subtona · 11 December 2018, 08:30 AM

Cool watch.

kneedeep · 11 December 2018, 08:50 AM

Don't waste another minute! JUMP!!!!

ppalasthira · 11 December 2018, 09:05 AM

If you got the cash go for it!

AK797 · 11 December 2018, 09:40 AM

I can see the appeal of this as it stands quite apart from other Nautiluses, but its price at hitting £70K here is pretty scary.

gummy · 11 December 2018, 09:53 AM

Do it...One of my Favorite Steel Pateks...

7sins · 11 December 2018, 10:15 AM

My favorite PP, crazy to think it wasn't too long ago they were sub 50k. If memory serves correctly, I believe this was the first auto chrono that PP made, certainly first chrono for the Nautilus so their is some historical significance to support pricing

MoosicPa · 11 December 2018, 10:21 AM

I was lucky enough to get mine back before these went crazy. I actually purchased mine at a discount from an AD. They were sitting in AD's cases unloved back then. Once PP stopped making this model, the price started to rise. I had an offer to purchase mine for 3x what I paid for it. That said, if you like this reference then by all means get it and wear it. As for future value, hard to tell. I would think it would at least hold its value.

R!$ · 11 December 2018, 10:41 AM

its not your dream watch if you are already planning to sell it

yoast · 11 December 2018, 10:43 AM

Prices are high right now, and no one really can see what the future holds... That being said, however, history has shown that most steel patek watches are a pretty safe bet.

toucan · 11 December 2018, 10:57 AM

Might have the highest Nautilus premium right now. It’s a keeper , dont miss the opportunity.
Good luck!

Fat_ninja · 11 December 2018, 10:59 AM

Buy it if you love it.

thomaspp · 11 December 2018, 11:32 AM

I had one and enjoyed it. But it is big.

The current prices are ridiculous frankly. Modern watches trading at multiples of MSRP I think spells bad news.

soundserious · 11 December 2018, 12:28 PM

Investing in your dreams is always a good idea. Go for it!

martinr · 11 December 2018, 12:52 PM

Quote:

Originally Posted by thomaspp

I had one and enjoyed it. But it is big.

The current prices are ridiculous frankly. Modern watches trading at multiples of MSRP I think spells bad news.

Agree. I had both the black and blue dial, preferred the black. Bought new in 2014 and 2015 from AD, paid $41K. The pushers aren’t exactly smooth feeling either. My black version had problems resetting the chrono after three months and had to go for repair. But it’s a cool looking watch.

martinr · 11 December 2018, 01:05 PM

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appa666 · 11 December 2018, 01:17 PM

Go for it as long as you got cash, life is too short to hesitate.

Veeck · 11 December 2018, 01:18 PM

This is the one I bet on that will hold its value amongst all my other steel Pateks.

Ichiran · 11 December 2018, 01:21 PM

Get it! Nautilus is only ever going up, especially a discontinued blue dial variant!

turborolex · 11 December 2018, 01:59 PM

You’re right, it is a serious investment.

I wouldn’t do it though.

You can get a 5990 and 5711 at msrp from your AD for the price of the 5980.

I just can’t get myself to pay such an inflated price even if it was NOS.

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Oryx · 11 December 2018, 02:09 PM

The 5980 in steel is destined to be future classic - in all dial variants. Then blue dial looks the best but it seems there is also a lot of demand for the white dial given the short production run.

To me this is the best nautilus ref ever made and the dial layout beats the 5990 hands down. Whilst it doesn’t have the same dual time / GMT function as the 5990 the chrono movement is better and I find the general dial layout works much better.

Get it whilst they are still out there. I don’t see prices dropping anytime soon especially given the current demand for all things Nautilus.

Hyperion · 11 December 2018, 03:36 PM

Many thanks for all the valuable feedback guys. I really appreciated it. The price is about $70k btw. It's not sealed though, and has at least been out of the box once. Don't matter to me though.

My mind is still digesting...

ragnk · 11 December 2018, 04:01 PM

If you want to make a good investment, investing in jewelry would be the best, to me investing in a watch is not a good idea.

cascavel · 11 December 2018, 05:54 PM

I hate to say this but if you buy that 5980 I doubt you will want to sell it, even in 10 years.

Hyperion · 11 December 2018, 06:19 PM

Quote:

Originally Posted by cascavel

I hate to say this but if you buy that 5980 I doubt you will want to sell it, even in 10 years.

Well, so far in my collecting, I've never sold a single piece. I'm buying to keep, but you never know what the future brings.

11 December 2018, 07:43 AM	#1
Hyperion "TRF" Member Join Date: Apr 2018 Location: Sweden Posts: 34	5980 - bubble, trouble or a safe investment? So. The watch of my dreams (5980/1A-001) are within reach at a price which at present time is at least -10% under the lowest offer on Chrono24. Unworn and full set from a small, local and independent dealer. I'm buying to enjoy and wear first and foremost, and will probably only sell somewhere in the far off future (+10 years at least). That said, you can't neglect the fact that this is a serious investment. Jump or wait - that's the question.

11 December 2018, 07:47 AM	#2
RHIII Member Join Date: Jul 2014 Real Name: Roger Location: ... Watch: AP/Rolex/PP Posts: 6,309	5980 - bubble, trouble or a safe investment? A watch to me does not fall into the category of a ‘serious investment’ - it is a hobby. Buy the watch and enjoy it. It is my favorite stainless steel Nautilus reference. A Patek Philippe is a solid watch to spend $ on. That’s as far as I can go to that regard. Sent from my iPhone using Tapatalk

11 December 2018, 08:30 AM	#7
subtona 2025 TitaniumYM Pledge Member Join Date: Jan 2011 Real Name: gus Location: East Coast Watch: APK & sometimes Y Posts: 26,984	Cool watch. __________________

11 December 2018, 08:50 AM	#8
kneedeep "TRF" Member Join Date: May 2014 Location: Not 2 far from u Posts: 3,457	Don't waste another minute! JUMP!!!! __________________ Official Member "WIS-CON" Las Vegas International GTG 2017 Official Member "WIS-CON" Las Vegas International GTG 2018

11 December 2018, 09:53 AM	#11
gummy 2025 TitaniumYM Pledge Member Join Date: Apr 2012 Real Name: Thomas Location: Midwest USA Watch: AP PP Rolex Posts: 3,356	Do it...One of my Favorite Steel Pateks... Attached Images

11 December 2018, 08:04 AM	#4
sctp39 "TRF" Member Join Date: Oct 2008 Location: Home Posts: 567	JUMP! or pass along the dealer info! Doesn't sound like you have to pay the NOS premium so wear it in good health and enjoy. I'm sure you can sell for a profit in the future.

11 December 2018, 08:30 AM	#5
HauteHorlogerie Banned Join Date: Dec 2011 Location: My house Watch: 519LN \| 64A Posts: 1,241	BUY IT. I love the 5980/1A...wish I could find a good deal on a black dial black date wheel. But blue is good!!!

11 December 2018, 08:30 AM	#6
ap1 2025 TitaniumYM Pledge Member Join Date: Mar 2013 Location: usa Posts: 19,880	Buy

11 December 2018, 09:05 AM	#9
ppalasthira Banned Join Date: May 2007 Location: ASK Watch: SubC.5711.D500 Posts: 2,236	If you got the cash go for it!

11 December 2018, 09:40 AM	#10
AK797 "TRF" Member Join Date: Feb 2010 Real Name: Neil Location: UK Watch: ing ships roll in Posts: 59,448	I can see the appeal of this as it stands quite apart from other Nautiluses, but its price at hitting £70K here is pretty scary.

11 December 2018, 10:15 AM	#12
7sins "TRF" Member Join Date: Mar 2011 Real Name: B. Location: Beverly Hills, CA Posts: 3,772	My favorite PP, crazy to think it wasn't too long ago they were sub 50k. If memory serves correctly, I believe this was the first auto chrono that PP made, certainly first chrono for the Nautilus so their is some historical significance to support pricing __________________ 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

11 December 2018, 10:21 AM	#13
MoosicPa "TRF" Member Join Date: May 2010 Real Name: Don Location: Moosic PA Watch: King Midas & Subma Posts: 1,160	I was lucky enough to get mine back before these went crazy. I actually purchased mine at a discount from an AD. They were sitting in AD's cases unloved back then. Once PP stopped making this model, the price started to rise. I had an offer to purchase mine for 3x what I paid for it. That said, if you like this reference then by all means get it and wear it. As for future value, hard to tell. I would think it would at least hold its value.

11 December 2018, 10:41 AM	#14
R!$ Banned Join Date: Sep 2014 Location: SoCal Posts: 2,405	its not your dream watch if you are already planning to sell it

11 December 2018, 10:43 AM	#15
yoast 2025 Pledge Member Join Date: Aug 2013 Location: HK Posts: 2,309	Prices are high right now, and no one really can see what the future holds... That being said, however, history has shown that most steel patek watches are a pretty safe bet. __________________ IG: @yoast.watch https://www.instagram.com/yoast.watch/

11 December 2018, 10:57 AM	#16
toucan "TRF" Member Join Date: Aug 2013 Location: NYC Watch: 5970 Posts: 1,980	Might have the highest Nautilus premium right now. It’s a keeper , dont miss the opportunity. Good luck!

11 December 2018, 10:59 AM	#17
Fat_ninja Banned Join Date: May 2018 Real Name: Jonathan Location: USA Watch: P-01 Posts: 11,772	Buy it if you love it.

11 December 2018, 11:32 AM	#18
thomaspp "TRF" Member Join Date: Dec 2010 Location: N/A Posts: 11,137	I had one and enjoyed it. But it is big. The current prices are ridiculous frankly. Modern watches trading at multiples of MSRP I think spells bad news. __________________ Instagram: @watches_anonymous

11 December 2018, 12:28 PM	#19
soundserious "TRF" Member Join Date: Aug 2011 Location: usofmfa Posts: 3,157	Investing in your dreams is always a good idea. Go for it! __________________ Instagram: soundsoserious

11 December 2018, 01:05 PM	#21
martinr "TRF" Member Join Date: Jan 2013 Location: California Posts: 3,109	Enabling Sent from my iPhone using Tapatalk

11 December 2018, 01:17 PM	#22
appa666 "TRF" Member Join Date: May 2018 Location: CN&CA Posts: 146	Go for it as long as you got cash, life is too short to hesitate.

11 December 2018, 01:18 PM	#23
Veeck "TRF" Member Join Date: Feb 2018 Location: Singapore Posts: 11	This is the one I bet on that will hold its value amongst all my other steel Pateks.

11 December 2018, 01:21 PM	#24
Ichiran 2025 Pledge Member Join Date: Jan 2018 Real Name: Michael Location: Near beach Watch: PB1967 Posts: 8,473	Get it! Nautilus is only ever going up, especially a discontinued blue dial variant!

11 December 2018, 01:59 PM	#25
turborolex "TRF" Member Join Date: Sep 2013 Real Name: H. Location: USA Posts: 568	You’re right, it is a serious investment. I wouldn’t do it though. You can get a 5990 and 5711 at msrp from your AD for the price of the 5980. I just can’t get myself to pay such an inflated price even if it was NOS. Sent from my iPhone using Tapatalk __________________ current collection: Patek 5712, Patek 5726 (white), Patek 5990, Patek 5524G, Rolex 116500 (white & black), AP 26331ST (Blue).

11 December 2018, 02:09 PM	#26
Oryx "TRF" Member Join Date: Sep 2012 Location: London Posts: 1,900	The 5980 in steel is destined to be future classic - in all dial variants. Then blue dial looks the best but it seems there is also a lot of demand for the white dial given the short production run. To me this is the best nautilus ref ever made and the dial layout beats the 5990 hands down. Whilst it doesn’t have the same dual time / GMT function as the 5990 the chrono movement is better and I find the general dial layout works much better. Get it whilst they are still out there. I don’t see prices dropping anytime soon especially given the current demand for all things Nautilus.

11 December 2018, 03:36 PM	#27
Hyperion "TRF" Member Join Date: Apr 2018 Location: Sweden Posts: 34	Many thanks for all the valuable feedback guys. I really appreciated it. The price is about $70k btw. It's not sealed though, and has at least been out of the box once. Don't matter to me though. My mind is still digesting...

11 December 2018, 04:01 PM	#28
ragnk "TRF" Member Join Date: Jul 2018 Location: United States Posts: 76	If you want to make a good investment, investing in jewelry would be the best, to me investing in a watch is not a good idea.

11 December 2018, 05:54 PM	#29
cascavel "TRF" Member Join Date: Jul 2018 Location: Santa Fe Posts: 1,915	I hate to say this but if you buy that 5980 I doubt you will want to sell it, even in 10 years.

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