Quote:
Originally Posted by TorqueDog
The “one that got away” story for me was also a Patek, specifically the Nautilus 5711 in stainless steel with blue dial. Could have bought one at $25k brand new, it was right there and available. Now … well it was a $55k piece two years ago, now it’s a six-figure watch. -cries-
What’s the recent Chrono24 news? I must have missed it.
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Fortunately, I don't really feel like it's the "one that got away"... I find the dial relatively inelegant and don't particularly like it (though I wouldn't kick it out of bed), so the fact that the price was insane just made saying no that much easier... The fact that pricing has gone from insane to flat-out bananas stings and gives me pause to think 'I guess I would have been happy enough with that on my wrist, knowing it would be worth a house someday"
Chrono24 has raised several rounds of funding now, most recently from an arm of LVMH and is eyeing an IPO with a valuation in excess of $1B... I think it's neat to see the secondary market being legitimized and a market leader crystalized.