15500 Blue listed for $123k

[cascavel]

I don't understand why there is a $40K premium for the blue dial. It's not like the old days when you could buy the black or white dial from your AD but only get the blue dial at the AP Boutique. Today you can't get any 15500 anywhere but the boutique, they're all boutique specials. And there's a plethora of blue dial watches available today including the 15202, only made with a blue dial and the PP5711/1a which was mostly made with a blue dial.
It seems like the dial color of choice for the 15500 should be black.

[RiRi]

Originally Posted by cascavel

I don't understand why there is a $40K premium for the blue dial. It's not like the old days when you could buy the black or white dial from your AD but only get the blue dial at the AP Boutique. Today you can't get any 15500 anywhere but the boutique, they're all boutique specials. And there's a plethora of blue dial watches available today including the 15202, only made with a blue dial and the PP5711/1a which was mostly made with a blue dial.
It seems like the dial color of choice for the 15500 should be black.

agreed - I wonder if the blue is the most coveted simply due to the fact that it is more rare / perceived as more special ...

Black, white or gray dials are much more suited for daily wearing - but I suppose rational thinking doesn't get us far when it comes to highly exclusive (and arguably overpriced) wristwatches

[robbonds]

its simple
if all dial prices were the same, I and most people would order blue - that's why prices aren't the same.

[911AP]

Originally Posted by cascavel

I don't understand why there is a $40K premium for the blue dial. It's not like the old days when you could buy the black or white dial from your AD but only get the blue dial at the AP Boutique. Today you can't get any 15500 anywhere but the boutique, they're all boutique specials. And there's a plethora of blue dial watches available today including the 15202, only made with a blue dial and the PP5711/1a which was mostly made with a blue dial.
It seems like the dial color of choice for the 15500 should be black.

Originally Posted by RiRi

agreed - I wonder if the blue is the most coveted simply due to the fact that it is more rare / perceived as more special ...

Black, white or gray dials are much more suited for daily wearing - but I suppose rational thinking doesn't get us far when it comes to highly exclusive (and arguably overpriced) wristwatches

It's because of exactly this. The blue dial was boutique only so it was selling for full price whereas the black and white would sell at a 30% discount back in the day.

Even though this isn't the case anymore this mentality hasn't been broken. Add to that the general hype of blue across every brand and you get what you are seeing.

But I agree to me black is the best color for the 15500, which is why mine was black :). Also, if AP made the only watch version of the 15202 widely available, I'd sell my blue dial 15202 for that too in a heartbeat.

[gregouille]

Because blue is bluetiful haha sorry but yes such a stunning color!

[CactusTreeFiddy]

The blue does look nice, but the white/silver and black tones are incredible in person

Agree the black dial is the best on the 15500st, even moreso on the OR models, and for men the white dial is probably best on the 37mm models as blue/slate shrink the perceived size of the piece from a distance, which you probably don't want on the smaller dimensions

I'd just appreciate it for what it is, and treat the non-blue models as being an absolute steal while it lasts

[GW44]

Originally Posted by CactusTreeFiddy

The blue does look nice, but the white/silver and black tones are incredible in person

Agree the black dial is the best on the 15500st, even moreso on the OR models, and for men the white dial is probably best on the 37mm models as blue/slate shrink the perceived size of the piece from a distance, which you probably don't want on the smaller dimensions

I'd just appreciate it for what it is, and treat the non-blue models as being an absolute steal while it lasts

The Grey is pretty stunning too

[Newyokie]

I bought my 15500 blue for $60k not too long ago.
And I hated myself for not buying it 2 yrs ago when it was around $40k thinking I should just wait on the list and wait for the call (which never happened).

But to see it go this high at this rate is insane and doesn't make any sense.

[CactusTreeFiddy]

Originally Posted by GW44

The Grey is pretty stunning too

Absolutely!

[CoveWatch]

Also theres a steel jumbo, altho bnib, at $179k

[Henrimontgomery]

It’s because blue or green photograph better. Black grey white, it’s all of the same. Add color and suddenly you’ve made something that looks different, and thus better.

See prices of Rolexes. Colored dials are also more desirable. 126660 is an excellent exemple of that.

[J.T.]

Just saw a blue 15202 on a wholesale page for $109.5k, watch only and missing a link or 2. No boxes or papers and obviously worn based on condition in photos so $123k for a new complete blue dial isn't that far off unfortunately

[Benzsiam]

Originally Posted by J.T.

Just saw a blue 15202 on a wholesale page for $109.5k, watch only and missing a link or 2. No boxes or papers and obviously worn based on condition in photos so $123k for a new complete blue dial isn't that far off unfortunately

The topic was talking about 15500ST (not 15202ST) for $123K.

If 15500ST can command that high price, 15202ST will go up to $150K easily.

This secondary market is going crazy.

[HMHM]

I’m pretty sure we are in a bubble stage now. The question is when it burst how low will things go.

[V25V]

Originally Posted by Benzsiam

The topic was talking about 15500ST (not 15202ST) for $123K.

If 15500ST can command that high price, 15202ST will go up to $150K easily.

This secondary market is going crazy.

Did you see what Takuya has one listed for here for sale?

[VogelPhoenix]

Originally Posted by HMHM

I’m pretty sure we are in a bubble stage now. The question is when it burst how low will things go.

Impossible to say unless one knows how many are held by "collectors" (or hoarders) vs "investors" and grey's. Previously I thought that the Zeitgeist slowly turning away from luxury watches was the most likely scenario for a return to the old normal, but seeing the annualized increases of many 100% over the last couple of months, a more explosive end of the current craze seems more likely.

Those who are confident that the trends from the last couple of months will continue should acknowledge that that would make the blue 15500ST a $1M watch by year's end.

[HMHM]

Originally Posted by VogelPhoenix

Those who are confident that the trends from the last couple of months will continue should acknowledge that that would make the blue 15500ST a $1M watch by year's end.

That’s what watch dealers want people to believe though - that the market can only go one way which is up. The way prices have shot up over the few weeks make no sense at all. Just dealers throwing numbers out there to see who will take the bait.

[youthagainsttt]

Gone were the days to get a discount of any kind at the boutique

I do count myself very lucky to get 10% off my 15400 blue from the boutique but it was probably about 5 years ago now

[cascavel]

Originally Posted by gregouille

Because blue is bluetiful haha sorry but yes such a stunning color!

Yes, but if you had that watch with a factory black dial you'd find it even more stunning, haha.

[gregouille]

Originally Posted by cascavel

Yes, but if you had that watch with a factory black dial you'd find it even more stunning, haha.

Haha, I’ll let you know once I receive my 15202OR

[Benzsiam]

Originally Posted by V25V

Did you see what Takuya has one listed for here for sale?

You’re right, the market is going crazy now, unbelievable high.

My 15500OR with full bracelet must be over $100K now, I will keep mine forever.

[Token74]

Originally Posted by GW44

Any Ferrari being offered by TH for £70k under list is a complete dud. Not the market at all Vince.

But yes, one man’s pound is another ones pennies as you rightly say.

Not a dud I don’t think, just someone getting very carried away with the options list!! lol


Sent from my iPhone using Tapatalk

[robbonds]

Originally Posted by Benzsiam

You’re right, the market is going crazy now, unbelievable high.

My 15500OR with full bracelet must be over $100K now, I will keep mine forever.

I bet its over $200

[DonLee]

Originally Posted by Rmoor

The world is a crazy place 😂

I wanna say... currently EVERY blue dial 15500st is listed as "unworn"
some dating back 3 years ago. Such a shame that some people buy it ONLY for investment.

[m3jasper]

Originally Posted by DonLee

I wanna say... currently EVERY blue dial 15500st is listed as "unworn"
some dating back 3 years ago. Such a shame that some people buy it ONLY for investment.

Just because it's listed as unworn doesn't mean it's actually unworn.

Experience has taught me over the years that you're most likely to come across dishonest grey market dealers who advertise timepieces they do not physically have in stock and condition needs to be verified in person.

[Stupot]

Everyone always loves a picture!

[myporsche]

It's going to 200k soon, buy it or miss the train!

[TunaTuna]

Originally Posted by myporsche

It's going to 200k soon, buy it or miss the train!

Maybe not 200k so quick, but it is definitely a 100k+ watch from now on

[GW44]

Originally Posted by Stupot

Everyone always loves a picture!

Beautiful Stu

[GreenLantern]

Originally Posted by myporsche

It's going to 200k soon, buy it or miss the train!

This mindset is what Ponzi and pyramid schemes are built on.



Unhealthy for the watch industry in the long run, in my opinion.