Have Patek prices popped?

[Incroyable12]

Originally Posted by offrdmania

If the 5712 is down under $80 grand, does this mean we may finally see the Aquanauts back down in the 20s again? In 2020 I could pick up a 5167a full box and papers for $25-29 and they sat at that price for quite some time.

Or the 3800s going back to sub-20K. A YG 3800 used to be "only" $30k.

[aa909]

5980r (full gold), full set, excellent condition $169K. Still well above retail but half what it was trending earlier this year.

[Apheaven]

Originally Posted by aa909

5980r (full gold), full set, excellent condition $169K. Still well above retail but half what it was trending earlier this year.

With gold bracelet or strap?


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[aa909]

Originally Posted by Apheaven

With gold bracelet or strap?


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Sorry I thought “full gold” was clear. It’s the model
With the gold bracelet.

[Abre]

Well prices actually tanked where I’m living.



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[slim]

Originally Posted by aa909

5980r (full gold), full set, excellent condition $169K. Still well above retail but half what it was trending earlier this year.

Where at? You got a link or screenshot? Thanks in advance!

[aa909]

5905 rose gold $62K, full set, 2022 mint condition. that's nearly $20K below retail + tax

[xkurkox]

mind you this is holiday and bonus season, wait till 2023. Im hoping by summer we are back to 2020 prices.

[aa909]

5524R, Nearly new for $40K. That’s $20K below retail + tax

[GGGMT]

Originally Posted by ExplorerI

Most Patek are under retail now. Pretty much just the Aquanaut and Nautilus selling above and those are falling fast

Looking at world timers. Time to buy?


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[GGGMT]

Originally Posted by aa909

5524R, Nearly new for $40K. That’s $20K below retail + tax

5524 retail is 55


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[ts3]

Originally Posted by GGGMT

Looking at world timers. Time to buy?


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It depends on the reference. The 5110 have been on the rise for a while following in the footsteps of the 3940 PCs. The 5230 not so much. Not sure about the 5130. Except for the P I wouldn't consider any 5230 as I dislike their dials (both the specific pattern and its grey color).

The enamel world timers are a different story yet again.

[aa909]

Originally Posted by GGGMT

5524 retail is 55


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$20K below retail + Tax ($55K + Tax)

[GGGMT]

Originally Posted by aa909

$20K below retail + Tax ($55K + Tax)

Good point


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[GGGMT]

Originally Posted by ts3

It depends on the reference. The 5110 have been on the rise for a while following in the footsteps of the 3940 PCs. The 5230 not so much. Not sure about the 5130. Except for the P I wouldn't consider any 5230 as I dislike their dials (both the specific pattern and its grey color).

The enamel world timers are a different story yet again.

I’m with you on the 5230. The case, the Dayal, the Hands - not so great. 5130, looks good to me.


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[Crown & Shield]

Originally Posted by Radbloke

That's putting it very delicately. Hondinkee have become the combination of an in-flight lifestyle magazine and sketchy-at-best, overpriced used watch sales front. I would not be giving them a dime.

HODINKEE is now dead to me.

[BrunoMalik]

Patek Philippe is in big trouble. They got ahead of themselves and aggressively increased retail price on their complications.

Time only Calatrava 5226 with an old movement for $40k? Really?
5205 for 55k???
5524 for almost 60k after taxes???
Manual wind chrono 5172 for 80k????

These are all dogs and they only reason they sold is because they were bundled with Nautilus and Aquanauts.

I expect them to be cut in half in the 2ndary market in 2023. Actually the 5524 is almost there and can be found in the 30s.

[ts3]

Originally Posted by BrunoMalik

Patek Philippe is in big trouble. They got ahead of themselves and aggressively increased retail price on their complications.

Time only Calatrava 5226 with an old movement for $40k? Really?
5205 for 55k???
5524 for almost 60k after taxes???
Manual wind chrono 5172 for 80k????

These are all dogs and they only reason they sold is because they were bundled with Nautilus and Aquanauts.

I expect them to be cut in half in the 2ndary market in 2023. Actually the 5524 is almost there and can be found in the 30s.

Both 5226 and 5227 at 40k feels crazy. Only five years ago a 5711 was just above 20k. Want a Nautilus today? Starting at 50k for 5712/1A. Want a clean dial? Sure, 5811/1G for a mere 70k...

Mind you, fuel prices for the boat and the G650 have been on the rise.

[Crown & Shield]

Originally Posted by BrunoMalik

Patek Philippe is in big trouble. They got ahead of themselves and aggressively increased retail price on their complications.

Time only Calatrava 5226 with an old movement for $40k? Really?
5205 for 55k???
5524 for almost 60k after taxes???
Manual wind chrono 5172 for 80k????

These are all dogs and they only reason they sold is because they were bundled with Nautilus and Aquanauts.

I expect them to be cut in half in the 2ndary market in 2023. Actually the 5524 is almost there and can be found in the 30s.

I agree price-wise, although I would not call all of these “dogs”, just overrated.

[GGGMT]

Originally Posted by BrunoMalik

Patek Philippe is in big trouble. They got ahead of themselves and aggressively increased retail price on their complications.

Time only Calatrava 5226 with an old movement for $40k? Really?
5205 for 55k???
5524 for almost 60k after taxes???
Manual wind chrono 5172 for 80k????

These are all dogs and they only reason they sold is because they were bundled with Nautilus and Aquanauts.

I expect them to be cut in half in the 2ndary market in 2023. Actually the 5524 is almost there and can be found in the 30s.

“Dogs”?? Hilarious. Sounds PP may not be your brand of choice.


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[Crown & Shield]

Originally Posted by GGGMT

“Dogs”?? Hilarious. Sounds PP may not be your brand of choice.


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Until 3-4 years ago, those models would sit in windows for months. Just because we have lived through 3 weird years does not mean we cannot go back to a more normal situation.

[GGGMT]

Originally Posted by Crown & Shield

Until 3-4 years ago, those models would sit in windows for months. Just because we have lived through 3 weird years does not mean we cannot go back to a more normal situation.

I am perplexed by your reply. I was talking about the comparison between Pateks and canines, while you seem to be talking about market conditions.


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[aa909]

Originally Posted by Crown & Shield

Until 3-4 years ago, those models would sit in windows for months. Just because we have lived through 3 weird years does not mean we cannot go back to a more normal situation.

100% going back there. Only question is how soon

[aa909]

5524g 36k

[fatcows7]

In case no one saw this

https://www.watchcollecting.com/for-...eekly-calendar

Went for £26k - retail is £30k....

[Crown & Shield]

Originally Posted by fatcows7

In case no one saw this

https://www.watchcollecting.com/for-...eekly-calendar

Went for £26k - retail is £30k....

This is quite shocking, as it is one of the most sought-after models, being recent, in steel, and with an original -albeit useless, in my opinion- complication.

[GGGMT]

Originally Posted by aa909

5524g 36k

Where r u seeing this? I’m seeing low 40s at reputable greys like EWC


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[Crown & Shield]

Originally Posted by GGGMT

Where r u seeing this? I’m seeing low 40s at reputable greys like EWC


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On EWC there is a WG one on hold at 38.5

[GGGMT]

Originally Posted by Crown & Shield

On EWC there is a WG one on hold at 38.5

Right and yes, there are several of those but the dude in the preceding posts indicated 5524R (rose) and I am not seeing any of those below 40


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[Swiftneck]

Originally Posted by Crown & Shield

This is quite shocking, as it is one of the most sought-after models, being recent, in steel, and with an original -albeit useless, in my opinion- complication.

Week numbers are used a lot more here in Europe, and I'm guessing you are not from here. I personally love this complication, as well as the watch, and especially the way the price goes

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