Yes there are some Pateks that are very good in value and also increase their value but you will not be able to buy them, even if you have got the money.
Sounds harsh but it is true.
Buy any Patek you like and you will loose 30% at least if you want to sell it again.
Best
Moritz
but my answer has got much more constructive elements than the two answers before, which are not constructive at all.
It was an answer in good faith not to ridicule you or your choices.
Moritz
at retail you wont lose money
However, it will not be easy one to come by
Why not vintage?
Which is the budget for your first PP?
This is my opinion of current new Pateks that would suffer minimal depreciation. Some may disagree with me but this list has been compiled after conferring with the London watch trade:
1. Patek 5131J or G - no brainer here due to the long waiting list and within your budget but it is not easy to get one unless you are especially close with an AD. Not a typical first Patek due to its unavailability. But if you do get one, you will make a profit should you decide to sell it. Contact me first please as I have been after the G for years!
2. Patek 5711 - steel nautilus, basic, the cheapest men's nautilus but again due to the waiting list (7 to 12 months), you should get at least 80% of your money back should you decide to sell it.
3. Patek 5990 - just launched in Basel this year but the waiting list is long and the price is within your budget. The most complicated nautilus to date.
4. Patek 5235 - I personally love the regulator with the gorgeous movement and deployant clasp. Great value if you ask me and still very much in demand.
I would normally add the 5712/1a to the above list but I have seen quite a few displayed in shop windows lately so I guess they are more easily attainable.
The general rule of thumb is if you want to make sure you do not want to lose too much money on a watch and insist on buying new, then, buy one with a waiting list. Of course, it means you will have to wait too!
Sham
Firstly allow me to apologise if I offend anyone or the mediator with this email because some may be of the opinion than certain subjects are not allowed or encouraged on this forum. However, I feel that as long as it is matters relating to watches, we should be allowed to discuss matters even if it relates to prices although it would be great if every topic discussed was on our passion for watches and the beauty of a particular model with lots of photos.
This email is intended to assist you Ruben if at all possible.
Buying a used Patek is indeed a wise move as you would suffer less from depreciation. All 3 watches you mentioned would be good second hand buys but I would say the 5711/1A would hold its value the best. You mentioned the 5711R - I do not believe Patek do this reference in rose gold but perhaps you were referring to the 5712R!
With any manufacturer, if you can get away with buying a non precious metal watch ie steel or titanium, you should do that as at least you will be paying mainly for the movement and not the gold or platinum. In addition, there is a larger demand for steel Pateks especially in the nautilus range so if you are comparing a rose gold nautilus against say the 5726/1A, I would go for the latter. Ther 5146G is a nice watch but there are too many variations of this watch in different colour precious metal not to mention even the dial and bracelet variation. So I would not advise you to buy this watch if you are ultimately concerned about the watch holding its value as well as the nautilus watches.
I hope the above is helpful.
Sham
Value for money is very important to most of us even when talking about high hologerie like Patek. Do shop around on xyz for a good second hand watch and make sure the watch is from a trusted source if possible. Some of the watches sold are unworn so there are bargains to be had as compared to buying it from an AD. And do not be embarrassed to bargain!
All the best!
This message has been edited by small-luxury-world on 2014-06-11 08:04:43
