Current Events > Just bought a watch worth $65'000, what do you think?

(+) Yeah! (+)

So as the titles says, I bought a Patek Philippe Aquanaut 5167A, that has a market value of around 65k. It's basically a diver's watch by the greatest brand in the industry. Luckily I only paid retail, which was 20'500 Swiss Francs which is around $22k, but market value is triple retail, the whole industry is a little bananas at the moment (clearly). This particular watch and a few other classic by some other big names in the industry have a considerably higher demand than supply, so market value tends to trade higher than retail for those.

So I know I was super fortunate to have the money and be able to buy it, yada yada. But as a hardcore watch lover, this Aquanaut is quite a milestone. The fit and feel is amazing, rubber strap and watch head have a seamless transition that makes it super comfy to wear. Case is just over 0.3 inches so ultra thin. Movement is automatic, with a display case back (see pics). The overall finishing on the case, bezel, clasp, movement is second to none. Really happy with it!

https://gamefaqs.gamespot.com/a/user_image/7/5/7/AAMtjIAAENt1.jpg https://gamefaqs.gamespot.com/a/user_image/7/5/8/AAMtjIAAENt2.jpg https://gamefaqs.gamespot.com/a/user_image/7/5/9/AAMtjIAAENt3.jpg https://gamefaqs.gamespot.com/a/user_image/7/6/0/AAMtjIAAENt4.jpg https://gamefaqs.gamespot.com/a/user_image/7/6/1/AAMtjIAAENt5.jpg

Its not worth 65,000 to me

I think the actual watch part looks nice, but I'm not a fan of the rubber band.

not a fan of that particular design but its nice and will likely retain/increase value

Still the best watch ever:

https://gamefaqs.gamespot.com/a/user_image/7/6/2/AAEhCpAAENt6.jpg

https://gamefaqs.gamespot.com/a/user_image/5/0/9/AASSvUAAEL8l.jpg

it looks like one of those phones that tells time but doesn't do other shit that phones do :/

Lol

-$22,000

Why is it so expensive what does it do that my Timex Triathlon Ironman watch doesn't. It seems you paid significantly more for your watch with less features than my watch has. Plus mine just looks better.

Are you a diver?

Im happy for you, but imo it looks like a $200 watch from the top and I dont find the design or the rubber attractive personally.

Why are you wearing it on your right wrist?

Does it transform into a small house at a press of a button?

I wouldnt give you $100 for it.

Yeah, of course the argument of "my watch can do more and costs way less". If your watch is quartz, it's probably also gonna be more accurate than mine! But as a watch lover it's not about what it does, it's about how it does it. And the Patek Philippe tells the time and date with incredible style!

NeonTentacles posted...

Why are you wearing it on your right wrist?

I'm a lefty. Wearing left feels wrong to me.

Make sure you don't lose it

winged_weltall posted...

But as a watch lover it's not about what it does, it's about how it does it.

for $65k, I better be able to make love to it.

winged_weltall posted...

incredible style

It's incredible alright, lmao

I am not wealthy enough to understand this.
Name brand means nothing to me.

Glad you like your new watch, and hope you enjoy it for a long time.

I mean it definitely look great and everything, but if you're gonna spend over 20k on a watch, maybe get something a bit more recognizable or with a little more flare as far as precious metals and gems go.

Unless you really just wanted this as a gift to yourself anyways. I haven't paid any attention to watches in a long time so maybe I'm missing something else too.

[LFAQs-redacted-quote]

https://gamefaqs.gamespot.com/a/user_image/7/7/7/AAMtjIAAENuJ.jpg

If I'm spending $20k for a watch it better be giving me blow jobs.

https://youtu.be/PczuoZJ-PtM

smh

Nobody will bat an eye seeing that watch on. It looks kinda basic. Shouldve just bought a rolex since you are clearly in the market for flashy watches.

winged_weltall posted...

Yeah, of course the argument of "my watch can do more and costs way less". If your watch is quartz, it's probably also gonna be more accurate than mine! But as a watch lover it's not about what it does, it's about how it does it. And the Patek Philippe tells the time and date with incredible style!

can you send text messages on it? Can it google stuff? Does it run pokemon go?

DemonBuffet posted...

Nobody will bat an eye seeing that watch on. It looks kinda basic. Shouldve just bought a rolex since you are clearly in the market for flashy watches.

Already have several of those. Once you have a few you've got Rolex covered, as their designs are all inherently "Rolex" if that makes sense.

https://gamefaqs.gamespot.com/a/user_image/7/8/2/AAMtjIAAENuO.jpg

If I had a watch worth $65000, someone else would have a watch and I'd have $64988 and a $12 Walmart Casio.

[LFAQs-redacted-quote]


Basically demand is way higher than supply. Waiting lists can be up to 10 years, by then the models become discontinued for the next model. It's the same with certain extremely exclusive cars, not exactly rocket science how a rare, high quality, in demand product can increase in value if there's a demand for it.

Aftermarket sales for watches is a whole other than compared to retail. Most trade for below retail of course, but as mentioned, certain very highly sought after models trade for higher than retail. When we talk about vintage models in good condition, some of those may have costed 3-4000 at retail and are worth in the 100s of K today.

Questionmarktarius posted...

If I had a watch worth $65000, someone else would have a watch and I'd have $64988 and a $12 Walmart Casio.

You'll probably end up with more value by keeping it and waiting until it gets discontinued (with this one likely in 1-2 years judging by when it came out) at which point you'd probably make 30-40k in a day.

Just a thought.

FigureOfSpeech posted...

can you send text messages on it? Can it google stuff? Does it run pokemon go?

Nah, I have my phone for all that shit. This one just tells the time and date. Sometimes it's nice to use something mechanical these days, especially if it's also beautifully made and nice to look at (subjective, of course).

But can it hack?

itachi15243 posted...

I mean it definitely look great and everything, but if you're gonna spend over 20k on a watch, maybe get something a bit more recognizable or with a little more flare as far as precious metals and gems go.

Unless you really just wanted this as a gift to yourself anyways. I haven't paid any attention to watches in a long time so maybe I'm missing something else too.

You're missing something. The Patek Philippe Aquanaut is the most recognizable watch at this price point. The AP Royal Oak or Patek Nautilus are even more iconic, but they're 30k and 60k respectively. Are you talking recognizable like a Rolex? Like a Daytona or a Submariner? Those aren't 20k watches, and honestly it'd be like comparing a Mercedes to a Ferrari. It's a completely different type of watch.

Mew posted...

But can it hack?

This one actually hacks! The 5167A got a movement update late 2022 that actually hacks! I'm happy I got this gen and not the last one, particularly for that reason!

itachi15243 posted...

maybe get something a bit more recognizable or with a little more flare as far as precious metals and gems go.

Oh yeah, and I'm more of a movement quality guy. I vastly prefer it when the value isn't in gems or metals, but in the movement quality. So stainless steel all the way. 20k won't even get you a gold Rolex, and Rolex is ~2 leagues below this watch.

do they only sell this in Switzerland?

I like it. Looks refined and not flashy for the sake of being flashy. Cold day in hell I would (or could, to be fair) pay $22k for it, but good for you.

When you wear a high end watch like this, do you ever fear getting it dinged up? Im not especially clumsy, but Ive whacked my watch off stuff here and there.

winged_weltall posted...

This one just tells the time and date. Sometimes it's nice to use something mechanical these days, especially if it's also beautifully made and nice to look at (subjective, of course).

that sounds underwhelming especially if it doesn't even have an intercourse feature like what questionmartarius was talking about.

LMFAO, you paid that much for something that doesn't even look that good? Also, you do know that phones have clocks on them, right? A fool and his money are soon parted.

That's more than I paid for my car. What a waste.

I could never justify paying that much for a watch. But hey, if its something you love and its not hurting anybody, go for it. You do you.

It's fun seeing CE become r/watchescirclejerk

Ok, ciao.

It looks great I must admit, stylish while also not coming across as to godly or overly flashy.

It's missing the 3. What a garbo watch.

Seriously, though, cool watch TC. I'm always glad to see another watch enthusiast here. Especially one that isn't a troll.