Sold - Patek Philippe 5980/1A Nautilus White Dial, Mint & Full Set | FerrariChat

Sold Patek Philippe 5980/1A Nautilus White Dial, Mint & Full Set

Discussion in 'Other Parts & Collectibles' started by sampelligrino, Jul 4, 2022.

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  1. sampelligrino

    sampelligrino Formula 3

    Apr 16, 2017
    1,245
    From my understanding the white dial was produced only for 2 years, and the 5980 line in SS has been discontinued from Patek Philippe

    Condition is 9.9/10 mint with one faint hairline that I can't even photograph in pictures on the polished side of the bezel at 6 o'clock, otherwise can't detect any signs of wear

    Full set, includes:
    Outer and inner box, velvet box sleeve, polished wood box, leather brochure holder, warranty paper, marketing materials (museum info, registry etc), manual, sealed pusher pen, and full links with ceramic sleeves and pins (not screws)

    2013 model

    Keeps good time (not accuracy tested), all functions (date + chrono) working

    Price: $130,000 by bank wire

    Please note I won't ship or deal internationally, only with US residents F2F in Los Angeles would be preferred or ship domestic insured at your cost

    Serious inquiries please PM me with any questions, would be happy to provide video of the watch, more specific pictures, whatever you need. Have done business with many watch dealers and sellers through RolexForums etc., can provide references & will do anything I can to help facilitate a very smooth and honest transaction

    Thanks :)


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  2. sampelligrino

    sampelligrino Formula 3

    Apr 16, 2017
    1,245
  3. montegoblue

    montegoblue Formula Junior
    Rossa Subscribed

    Aug 7, 2009
    576
    East TN
    What a great piece, congrats on the sale.
     
  4. msdesignltd

    msdesignltd Two Time F1 World Champ
    Rossa Subscribed

    Nov 17, 2003
    20,108
    NYC. / E. Hampton
    Full Name:
    Michael
    Did anyone ever wonder how much it actually costs to make this watch by manufacturer?
     
  5. WilyB

    WilyB F1 Rookie
    Rossa Subscribed

    Feb 23, 2007
    4,270
    AZ
    It's a well-kept secret, but to give you an idea, Hermès recurring operating margin for the first half of 2022 is 42%.
     
    technom3 likes this.
  6. Prancing 12

    Prancing 12 F1 Rookie
    Silver Subscribed

    May 11, 2004
    2,751
    The long way home

    That's interesting, but I would think the margins on textile and leather goods would be far greater than those on a highly complicated, hand-assembled mechanical device like a watch. Also don't forget that list price on a 5980 - especially back in 2013 - was nowhere near the market price today.
     
  7. 3POINT8

    3POINT8 F1 Veteran
    Rossa Subscribed Silver Subscribed

    Jan 23, 2014
    5,201
  8. WilyB

    WilyB F1 Rookie
    Rossa Subscribed

    Feb 23, 2007
    4,270
    AZ
    I used Hermès because their textile and leather goods are of exceptional quality and are hand-assembled by highly qualified artisans, exactly as Rolex, and, like Rolex, they very tightly control their distributors (and they make watches too).
     
    technom3 likes this.

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