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24 April 2021, 06:55 AM | #61 |
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24 April 2021, 06:55 AM | #62 | |
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24 April 2021, 06:55 AM | #63 |
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The price of platinum is around $500 less per ounce than gold. I understand that it is more difficult to work with, but these prices are outlandish.
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24 April 2021, 06:56 AM | #64 |
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24 April 2021, 06:57 AM | #65 |
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24 April 2021, 06:57 AM | #66 |
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wait a bit and you will be able to swap your platona for a 5270P:::)))
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24 April 2021, 07:00 AM | #67 |
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Thank you everyone for making this a really delightful thread!
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24 April 2021, 07:11 AM | #68 |
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This is becoming a very nice thread as many have pointed.
I really think that as long as the demand is there these watches will only rise in price Also for all of you guys saying that they’d get a platona over a 5711 I’ll tell you there on a totally different level A pic from a video of a part of my collection for your enjoyment guys . Sent from my iPhone using Tapatalk |
24 April 2021, 07:12 AM | #69 | |
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24 April 2021, 07:24 AM | #70 |
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Thanks, it was fun to reread it sometime after getting it. This thread has a nice vibe to it also!
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Datejust w/black Tapestry dial (1985) / Daytona (2016) |
24 April 2021, 07:31 AM | #71 |
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24 April 2021, 07:37 AM | #72 |
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24 April 2021, 07:38 AM | #73 |
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Lemme know! I shouldn't even joke! This is one of my favorite purchases ever.
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Datejust w/black Tapestry dial (1985) / Daytona (2016) |
24 April 2021, 11:11 AM | #74 |
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24 April 2021, 11:54 AM | #75 |
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My local watch store has a “pre-owned” Platinum Daytona with the ice blue dial and baguette cut diamond markers with a warranty card dated 4/21 listed for $160K! That is insane!!!
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24 April 2021, 12:59 PM | #76 |
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24 April 2021, 09:13 PM | #77 | |
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24 April 2021, 10:02 PM | #78 |
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oh darn, gotta suffer with that black c daytona, what a hardship! jk
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24 April 2021, 11:14 PM | #79 |
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At the moment prices of watches seem extremely high. Even moreso now for some of the precious metal pieces.
Plat Daytona = $100k+ YG/RG SkyDs = $50k+ RG DD40s = $45k+ YG DD40s = $38k+ Gold Daytonas = $45k+ Gold Subs = $40k+ Gold GMTs = $40k+ Its all nuts. Steel pieces seem quite cheap these days once again. LOL |
24 April 2021, 11:41 PM | #80 | |
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Far from nuts. Secondary resellers charge for the convenience of immediate availability and delivery. |
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24 April 2021, 11:43 PM | #81 | |
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You cant even get the gold pieces from ADs these days as they are fetching so high for some pieces they all go to grays immediately. |
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24 April 2021, 11:43 PM | #82 |
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24 April 2021, 11:50 PM | #83 | |
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24 April 2021, 11:58 PM | #84 |
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For 130K can get yourself a 5170P or another Patek PC, or the VC Overseas PC. I’m my opinion much better watches for the price point.
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26 April 2021, 12:32 AM | #85 |
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But remember (and respectfully) this is the main TRF forum where the prevailing view is that PM bracelet trumps strap. You see this over and over again when comparing a Daytona 519LN vs 509. So I can see why just from the 'market' masses, a full bracelet Daytona is more desirable than a 5170P. Despite 5170P being an amazing watch.
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26 April 2021, 08:01 AM | #86 |
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Some stats to help you envision the craziness of the luxury watch market - there are 47 million millionaires in the world today & we are undergoing the process of baby boomers handing over their wealth to Millenials/GenZ.. high probability they will be chasing a new Rolex..
Rolex makes a ~million watches a year from what I hear. I'd say maybe 5% of that production is in PM models, even less so for Platinum models. If even just half of the 47 million millionaires today wanted a PM Rolex, Rolex simply does not have the capacity to cater to their demands. Inflation in luxury goods will outpace overall inflation for a long time. (As an FYI.. think about BTC.. 21 million total can be mined. We're at ~18.5 million. Even if every millionaire wanted 1 BTC.. they couldn't get it.. no matter what price..) |
26 April 2021, 10:07 AM | #87 | |
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26 April 2021, 10:10 AM | #88 | |
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26 April 2021, 10:54 AM | #89 | |
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I tend to agree with this. @OP if you’re really concerned about what the market will do I don’t know if you would be able to really enjoy this watch. Using Birch’s logic i would like to use this example. Would you ever buy a Porsche and not really drive it? It would be crazy to own a fast car and never really get to drive it hard. To each their own, but for me personally this would not make me happy. If I have something I want to be able to use it and not worry. Sent from my iPhone using Tapatalk |
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26 April 2021, 12:18 PM | #90 | |
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Life is short - so if you really, really feel you have to have it, just pay the $100-130K and wear it with pride. Or do a large trade-in with some of your other watches to get this “Grail Piece”.... Again, Good Luck! |
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