New Release
Watches_passion's original post, anticipating the 2023 Patek Philippe novelties, captures the palpable excitement that sweeps through the collector community each year. This thread, featuring insights from moderator FabR, delves into the significance of these announcements and the evolving landscape of Patek Philippe authorized dealers. It offers a unique glimpse into the brand's strategy and the dynamics of luxury watch distribution.
The official thread will then typically be updated throughout the rest of the day (and week), as I receive further materials from Geneva. Let me take this opportunity to first and foremost thank as usual Patek Philippe, for their trust and assistance with these most important announcements! They constitute the biggest moments of the year for our platform, and it's been a sincere honor to deliver them on behalf of Patek for the past three years, ever since I became first co-Moderator and then the
A Patek Philippe license is arguably THE single best thing that can happen to a jeweler, and as you well know by personal experience, a number of ADs have already lost their license in recent years. Thus, as I do expect another *significant* reduction in 2023, I'd like to assume that all ADs will work even harder to properly select their customers this year....in fact, let me hope none of them will be so naive as to "openly volunteer" their license by selling to a potential flipper! Cheers, FabR
Looking forward to your posts!! Thank you π
Why any dealer would risk losing their status today by selling to flippers. If you have a Patek AD itβs an annuity if a couple million a year for the owners. Why risk it?
As I said earlier, let's hope flipping will be further minimized this year, including for the reason you mentioned....unfortunately though, given the unprecedented level of popularity Patek is experiencing, there's no doubt you'll *always* find a few greedy customers (and ADs) trying to make a quick buck! ;-) See you tonight my friend!
Very excited and looking forward to the releases. Anyone know the exact time? Iβm in Arizona so not sure what time everything will be out my local time.
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