Patek Philippe

Read on another forum that Patek will be reducing list prices from 10 - 12% effective 1 Feb 09 in Hong Kong. I guess this should apply globally as well? Inventories are very high with the ADs. This message has been edited by Dje on 2008-12-25 03:17:47

I understand the reduction is mainly a result of the weak Euro vis-a-vis USD/HKD (the Euro dropped ~15% in the last few months) - collectors are better off buying PPs in Europe, after tax deduction ...

My AD tells me there will be no reduction in prices.

that PP is going to reduce the list price by an average of 12%. The news is put on the front page of the local newspaper! But I do not think that it is a global reduction! Honestly, the stocks in AD is piling up now with the flooding of hot models from Eu... 

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That I deal with here in the UK. And he has confirmed that PP will be INCREASING the prices on average by 15% across the range.

So much for watches as investments LOL! Gaz

give us the listprice for those 3 pieces, doing so we can compare them with other countries and see if a decrease would be logical or not. Those are the prices in Europe VAT INCLUDED ! Nautilus chrono 29K 5070P - 58K 5970J - more or less 85K So if some co... 

They have not produced a USD price list in quite a while. If there is one I'd be interested in seeing it. I know UK has a GBP pice list. No published USD price list means they can possibly change list pricing to its dealers on a whim Past hotties like the... 

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JPY 7,770,000 (incl.tax)