Patek Philippe

happy_wis
290

• Show profile
• Show other posts

IMO...

For those people who bought it from AD, they either:

1. sold it already a while ago
or
2. keep it until now and have no plan to sell it.

For those people (including professional watch traders) who bought it from grey channel / first hand owner, they usually paid some premium. The price has to go up further in order for them to have incentive to sell.

I was told quite a few times from professional watch traders that they prefer to keep the PP watches rather than sell it at a loss because they believe there may be some corrections in the price (due to some news/events) but it will go up eventually.

So I believe that the supply in the grey / secondary market is kind of limited and the chances of having big price cut for it  is also limited.

BTW, just wondering... how come no one mention the latest auction price for the 3712? Yes, it was auctioned. Check it out :-)