Patek Philippe

Hi all,

on keeping it, why worry about future prices? I have a few Rolex watches I’ll never sell that I bought many years ago. They seemed like a lot of money when I bought them, but they slowly gained value. So my advice is if you love the watch you want to buy and are keeping it, don’t worry about future value. It doesn’t matter 👍

Exit piece or not, my family comes first and if need be i would be selling the watch… am not in a position to be willingly losing tens of thousands… 😅 i just want to avoid making a mistake due to some information i would be missing from the brand or the market… especially on such a piece i thought i would never be able to afford, am just afraid to not being knowledgeable enough ah ah ah

Definitely don’t buy if this in any way comes before your family. That’s a no brainer. One should always put family waaay before a watch hobby/watch purchase.

But again you never know what the future is about. And that expensive hobby of ours can be managed in a healthy manner by taking minor precautions

I’d have a few Patek minute repeaters at this point. 😁

Geez definitely 🤣

Hope to have a little time left before i have to quit that hobby 😅😂

My kids are adults with their own families at this point. Now I’m plotting college costs help, etc. for my grandkids 😁👍
It never ends until I’m in the ground.

I even forgot (since my kids younger)- cars, birthday parties, monumental parties (baptism, etc), weddings .......... 🤯🤪

If i recall well, when i bought mine, it was in the range of 60K€ ( so a little bit more USD).

While it was 120k+ a few months ago.

of a watch for future worries, I think you shouldn’t be buying that watch. I know it’s harsh and as watch loving people our hearts ache for certain pieces that we may or may not obtain, so I understand you, but for my two cents, hobbies should be done with disposable income. If the amount that you are going to spend is “ financially “ worrisome for you, maybe you shouldn’t spend that amount. Hope you can find a solution or information regarding the watch you want that will solve your problems and make you happy.

I consider thos pieces disposable but it is alwaus good to know they are worth something meaningful at the end of the day… otherwise i would be buying cars that lose there value 😂😂😂

going to trade pieces or pay with cash etc. My understanding is that if you are not ready to loose maybe all the money that you paid for the watch, if the money / value that you are keeping in that watch is worrisome for you, you shouldn’t be buying that watch. Other than that I don’t think anyone here can tell you anything about the future price of that said watch, nobody knows, people can make educated guesses but you already know market prices / rarity of the watch, your guess is as good as anyone here.

Am barely asking people who more knowledgeable about the brand and maybe this particular piece if there is any piece of information that i would have missed.
In my book that 5231J is not subject to any specific hype (as compared to a Nautilus or a Chronomètre Bleu) and has been produced in very limited quantities (maybe 100-150?) with very high-level of craftmanship… if some one could alreasy confirm whether i am in the right or weong, that would be pełny enough for me
No need for a crystal ball about the market prices in details…

I suggest you stay away from it, my friend

Prices for the 5131s are quite stable. You would be able to get some value from it if you need to sell, let's say +/- 25% of what you are paying now. However such pieces are illiquid, it might take months to sell. You'll forget about its price when you wear it on your wrist 😄

Since you said the below, I don’t think you should be buying a watch in that price range. You need to be able to lose the full amount without it being too much of a financial hit. 

Did not know asking for some advice was considered speculation… 🙄

Street prices and seller references: Connoisseurship, ownership and collecting is about much more than price and who sells what. Price and seller discussions tend to overwhelm the other more subtle, though equally important, aspects of the aficionado experience. Therefore, any posts with street/market prices as the primary subject must be submitted to a moderator for review first. For similar reasons, seller references must likewise be reviewed by a moderator before posting.

But i barely mentioned any price… And only when asked about…
My question is related to the model itself because am currently considering a trade to get it… i never owned a Patek before. Seems healthy to me asking for help and advice.

I feel like this is the last forum standing that still stays true to the enthusiast community.