Patek Philippe - Patek does not have all in his own hands! "Top talents" in banking had ...

Patek does not have all in his own hands! "Top talents" in banking had ...

Jun 20, 2011,13:25 PM

1.) The price increas has been produced by, let us say 20-30, "top talented" bankers around the world, not by Patek!

Why?

The current financial mess that leads to the strong CFH is only due to the currency mess that evolved from this global gambling.

2.) That the Ad is saying it is an investment ... I mean that does need no comment actually as it is a simple selling point, nothing else.

3.) There are two people that buy a Patek: people who can afford and people who want to afford a Patek.

People who have money in abundance will buy a Patek, possibly any, like the "mortal" buy a Swatch.

People who do not have that spending power and belong, let us say to the middle and upper middle classs, forget simply about the finance

and fulfill themselfs a long planed dream, or buy this a treat, a special occasion piece ... .

I, personally, bought my Patek regardless the gain or loss or what so ever: my stunning Golden Ellipse.

What the icing of that particular purchase was: the discount that I managed (it was actually great fun!) and in hindsight:

to have done the right decision in buying my dream Patek before the increases.

There you see: it does not matte, financial consideration, when it comes to a Patek, ANY Patek!

Regards

Moritz

Is Patek inextricably linked to value considerations?

By: murcielago_boy : June 20th, 2011-09:32

First off Dje - I sincerely hope this post is not breaking any rules. If it is, I sincerely apolgise. I am posting in the belief that this is valid discussion about one our favourite brands - it has nothing to do with specific numbers which is NOT what I ...

Patek does not have all in his own hands! "Top talents" in banking had ...

By: COUNT DE MONET : June 20th, 2011-13:25

Value considerations?

By: whit : June 21st, 2011-00:15

I question whether Patek is the finest timepiece manufacturer in the world today, certainly most people who own them hope and believe that is the case. A fine manufacturer? Yes, of course. Patek is relatively new to the marketing strategy that we see toda...

A response to a point made by murcielago_boy

By: missoss : June 21st, 2011-05:21

You mentioned tat the price or perceived value "take away from the beauty and production of their own pieces and binding it closer to value and financials and THAT is the problem and the company itself is responsible." I have to say that I sightly disagre...

catch 22

By: david.lindsay1 : June 21st, 2011-07:36

Very interesting reading about the comments of PP's residual value being stronger than that of other brands, which is fuelled further whenever this topic is posted on any horological forum (be it this or otherwise). A self perpetuating prophecy if you lik...