Patek Philippe

Any rumours on this ? I have been trying to get one on the bracelet from grey dealers. Some of them saying discontinued and asking over 100 percent mark up. Very confused as to what to do.

Demand is extremely high and Thierry Stern doesn’t like the current situation. What to do? Buy another piece, one that led Patek to where they are now. Or just buy from another brand, Patek still isn’t the end.

My hard-earned money will go to someone else who will. Their loss, not mine.

Not everyone thinks like that, that’s why prices kept going up.

And Thierry Stern must like the current situation very much as he created it.

Plus Thierry Stern stated that they don’t want to be a ”One-Watch-Company“... like their colleagues from Le Brassus.

Francois is _______

What I am saying is that Patek needed a successful steel sports model to become a religion like they are today. After the rise of AP with ‘their’ Royal Oak they ran to Genta as fast as they could and asked for something similar. This was a very smart move... 

... Patek Philippe didn’t need a sports watch until 4-5 years ago when sports watches somehow got a huge boost. It just came into their hands that they already had an established sports watch, which wasn‘t that huge of a deal for anybody. It was a bit lik... 

And they clearly thought they need another reference many years ago too (Aquanaut). And I understand of course what you refer to in terms of the last few years, it helped materially that the Nautilus / Aquanaut line was there. However this recent boom / h... 

Every little helps!

Lange is a Richemont company - they don't need a sports watch. And it is not in their DNA. Patek and AP are stand alone companies and the Nautilus and RO have been part of the DNA for decades now. So, i don't think Lange will produce a steel sports watch ... 

...-ing for the firmness in pricing. Some explicitly state wud take-in only PP/APs as trades, I have started getting email follow-ups of acquisitions from a decade ago if I want to resell. The mkt cud in-fact be saturated 'overall' for incremental watches... 

4 years ago a was offered a 3710 1/a at 18k euros, full set in excellent conditions. I declined and the reseller clearly told me it was a very difficult watch to sell...

... said nothing else than the AP CEO in an video interview early this year. What kind of watch - different from RO - could that be?

They already have a few other collections... but you rarely see anything else other than Royal Oaks.

Classic complication watches sitting at every AD that I went to, not so sure TS is very happy with the fact that they might be tipping towards becoming AP.

All other PP models are selling substantially below list price, including the likes of 5370P. New Baselworld models are pretty stable in the first year but after the run disappears they face the same problem. IMO, AP has a better strategy at the moment in... 

if i am not mistaken then AP strategy is to totally compartmentalize the RO and ROO lines and to relegate the rest of their collection to junk-bond status, and to cancel AD contracts for boutique sales. correct?

To control supply and prices by kicking out some ADs and increasing the number of boutiques is a good thing, IMO. They still work with Bucherer and Rüschenbeck and some small independent ADs here in Germany.

In recent years, PP has made an effort to move both new and existing customers towards the Complications line (5905P, 5960G, 5524R, 5524G). All this references have a larger case size and/or an original dial color and strap configuration. An overall sport... 

Most of the current PP dress chronos and annuals and perpetuals can be found advertised at below list. I think that TS will need to look into his distribution model. It is not enough that they restrict the supply of the SS Nautilus and Aquanaut refs. I th... 

It makes perfect sense to me; I would be surprised if it does NOT happen. The fat days of the 2000s and early 2010s are now being corrected. Except for us consumers...the prices are not coming down. ☹️

across the Board is the current plan, otherwise ADs would be loaded with inventory which is not selling. Rather than buy back the product and destroy it as Richemont did to the tune of millions of dollars at wholesale cost, it is simply easier to not prod... 

That help the supply and demand. Won’t that make it worse ?

The demand is too great for those sports type references. And I think they know the risk of overexposure there. They would be worse off by flooding the market with thousands of new steel watches to meet the demand. Those watches will trade hands forever a... 

And it's not flooding the market if you closely match the demand. It's all about being a versatile brand and not just a one watch company.

And AP is doing the same too now. It’s all about hyping up the brand. It’s smart. Long term thinking. It will make them money. Seriously; don’t doubt the Swiss ability and know how in making mega bucks.

They have to say anything to justify their exorbitant price. Spread rumors of fear to recoup their costs and make money.

Patek could not give the Nautilus away for years. Really a poor copy of the Royal Oak. Now only sport watches in SS sell. It may well signal the final gasps of a redundant industrial product, now that everybody carries some type of device which tells them... 

I share the same thinking as well. I never have interest in Patek’s sports offerings. To me the quintessential Patek watches are the PCC and MR, and maybe the world time. But market tide is turning. It’s almost like Porsche. When Porsche first started mak... 

U all have me more confused....😊. I need advice. Current owner of the 5711r. The 5960steel white dial. And the 5960 white gold. So if I don’t pay double the price for a 5712 steel, what other watch would u very experienced people think I should get. Appre... 

😀 ...  

Hit all the buttons and it’s complicated watch.