The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Forum > Classifieds > WatchOut!!!

Reply
 
Thread Tools Display Modes
Old 10 December 2022, 07:23 PM   #1
rolex1234abcd
"TRF" Member
 
Join Date: Nov 2022
Location: NY
Posts: 24
How much do you think a 5711 will cost in 5 years?

Do you think prices will rise or fall? And to how much?
rolex1234abcd is offline   Reply With Quote
Old 10 December 2022, 07:35 PM   #2
joe&joe
"TRF" Member
 
Join Date: Jul 2021
Location: Europe
Posts: 40
They will stay the same with a +/- 10% fluctuation.

No reason to go any higher than what it is right now
joe&joe is offline   Reply With Quote
Old 10 December 2022, 07:43 PM   #3
rolex1234abcd
"TRF" Member
 
Join Date: Nov 2022
Location: NY
Posts: 24
Quote:
Originally Posted by joe&joe View Post
They will stay the same with a +/- 10% fluctuation.

No reason to go any higher than what it is right now
I thought they might drop if hype dies down around watches. Not many people would have known what a Royal Oak, Nautilus etc. was five years ago, but they have entered the mainstream. Do you think hype/mainstream consciousness will slowly die down a bit and we will return to something similar to how things were before at all?
rolex1234abcd is offline   Reply With Quote
Old 10 December 2022, 08:33 PM   #4
Russell996
2024 Pledge Member
 
Russell996's Avatar
 
Join Date: May 2016
Location: UK
Posts: 4,271
Drop back to around retail of the current comparison piece - currently not one in the catalogue.
Russell996 is offline   Reply With Quote
Old 10 December 2022, 09:38 PM   #5
rolex1234abcd
"TRF" Member
 
Join Date: Nov 2022
Location: NY
Posts: 24
Quote:
Originally Posted by Russell996 View Post
Drop back to around retail of the current comparison piece - currently not one in the catalogue.
So you think a 5711 in 5 years will cost the same as a retail 5811 now?
Why do you think that?
rolex1234abcd is offline   Reply With Quote
Old 10 December 2022, 09:51 PM   #6
brandrea
2024 SubLV41 Pledge Member
 
brandrea's Avatar
 
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 78,126
Welcome to the forum
brandrea is offline   Reply With Quote
Old 10 December 2022, 10:30 PM   #7
Donjo
"TRF" Member
 
Join Date: Mar 2014
Location: Austin, TX
Posts: 169
Trends change. There will be something new to which watch collectors aspire. I see prices falling significantly from where we are now over the next few years on the Nautilus.
Donjo is offline   Reply With Quote
Old 10 December 2022, 10:53 PM   #8
VonSlingshot
"TRF" Member
 
VonSlingshot's Avatar
 
Join Date: Apr 2017
Location: Canada
Posts: 158
While we are gazing into crystal balls.... how long is a piece of string?
VonSlingshot is offline   Reply With Quote
Old 11 December 2022, 12:19 AM   #9
beshannon
"TRF" Member
 
beshannon's Avatar
 
Join Date: Jun 2009
Real Name: Brian
Location: Northern Virginia
Watch: One of Not Many
Posts: 17,892
Quote:
Originally Posted by rolex1234abcd View Post
Do you think prices will rise or fall? And to how much?
Exactly.

Welcome to the forum.
__________________
IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock
beshannon is offline   Reply With Quote
Old 11 December 2022, 01:31 AM   #10
Watchwoody
"TRF" Member
 
Join Date: Nov 2020
Location: USA
Posts: 126
Prices will fall back down to around retail as hype dies. Then at some point in the future watches will get really hot again and they will go back up.
Watchwoody is offline   Reply With Quote
Old 11 December 2022, 05:39 AM   #11
GGGMT
2024 SubLV41 Pledge Member
 
GGGMT's Avatar
 
Join Date: Aug 2013
Location: Itinerant
Watch: 79010sg
Posts: 8,346
I predict an apocalyptic winter with zombie hell, in less than five years. If my prediction is true, I won’t even give you a ham sandwich for your 5711


Sent from my iPhone using Tapatalk
GGGMT is offline   Reply With Quote
Old 11 December 2022, 11:12 PM   #12
GB-man
2024 SubLV41 Pledge Member
 
GB-man's Avatar
 
Join Date: Nov 2012
Location: USA
Watch: addiction issues
Posts: 37,355
3-4,000 tacos.
__________________
GB-man is offline   Reply With Quote
Old 11 December 2022, 11:36 PM   #13
fsprow
2024 Pledge Member
 
fsprow's Avatar
 
Join Date: Dec 2018
Real Name: Frank
Location: Dallas,NY,Colo.
Watch: Patek 5168, 5170P
Posts: 2,547
My belief is that prices of in-demand scarce goods will fluctuate over time with the economy - but like stock markets, will trend upward over the medium to long term.
fsprow is online now   Reply With Quote
Old 12 December 2022, 03:55 AM   #14
rmwill
2024 Pledge Member
 
rmwill's Avatar
 
Join Date: Jun 2018
Location: Somewhere Cold
Posts: 907
Three fiddy
__________________
Rolex GMT Master II 116710LN
Rolex Sea-Dweller 16600
Rolex Explorer 224270
Rolex Explorer II 226570 Polar
Omega Moonwatch Sapphire Sandwich
Panerai PAM00111

2 Factor Authentication
rmwill is offline   Reply With Quote
Old 12 December 2022, 04:37 AM   #15
subtona
"TRF" Member
 
subtona's Avatar
 
Join Date: Jan 2011
Real Name: gus
Location: East Coast
Watch: APK & sometimes Y
Posts: 26,599
Solidly unpredictable.
__________________
subtona is offline   Reply With Quote
Old 12 December 2022, 06:39 AM   #16
ZOOK
2024 SubLV41 Pledge Member
 
ZOOK's Avatar
 
Join Date: Sep 2017
Real Name: Dave
Location: PDX
Posts: 9,964
How much do you think a 5711 will cost in 5 years?


Quote:
Originally Posted by rolex1234abcd View Post
Do you think prices will rise or fall? And to how much?



In 5 years, the 5711 will be due for a service. Expect it to be gone for 18 months and cost $5000.
ZOOK is online now   Reply With Quote
Old 12 December 2022, 11:02 AM   #17
mideastwatchguy
"TRF" Member
 
Join Date: Feb 2022
Location: New York
Posts: 48
Likely going to dip hard next year while people put their money on more secure purchases. In 5 years, I guess it depends if hype people still care about Patek as a brand
mideastwatchguy is offline   Reply With Quote
Old 12 December 2022, 12:44 PM   #18
shaunylw
"TRF" Member
 
shaunylw's Avatar
 
Join Date: Jun 2013
Location: Here
Posts: 4,657
I never thought they would get to the levels we saw a few years ago, so i have no idea. If they were 40k, i wouldn’t be surprised. If they were 175k, i also wouldn’t be surprised.


Sent from my iPad using Tapatalk
shaunylw is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Wrist Aficionado

My Watch LLC

WatchesOff5th

DavidSW Watches

Takuya Watches

OCWatches


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.