This a question for any important person into PATEK, please answer serious.

From 3 years ago i want to buy the new Nautilus 5980-1A, i am in the list of two Patek Shops, Paris and Geneva, in Geneva i was there 4 times, in all dealers in Spain, i ask and wait in 4 dealers too, from 3 years, after that i travel many times to Singapore and Bangkok, and there in 3 shops, Cortina, Pendulum and The Hour Glass, in all 3 shops they have all the collection Nautilus, ALL, but the price is 3 times more, i have any pics in one shop, with the list prices, thats INCREDIBLE, firsth price in Dealers Prices, second price you cand do, and then market price, after negociation, the last price in maximum the second price, exactly 2 times the normal price in Europe.

Questions.

1. I am a customer from Patek after 20 years, i receive their magazine, why its not posible receive the watch in any shop of Patek.
2. I think all the dealers in Europe maybe, sell the watches directly to Asia, because never haver watches is his shops, Patek must to control this.
3.Why Patek after that, they knows the situation, because the watches have a number, and they knows the first dealer receive the watch, i think all its not normal.
4. What can i do.

Thanks to all !!!
This message has been edited by Dje on 2008-06-09 01:58:53

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Seriously, if there were reasonnable answers to your questions

By: amanico : June 7th, 2008-13:38

There would not be any Grey market... This is sad, but true. The only thing you can do is choosing between 2 options: 1/ You badly want the watch and you patiently wait to get it ( It may be long, as in France, for example, you'll have to wait 4 or 5 year...

Sometimes going gray market is better

By: Mostel : June 7th, 2008-19:59

you save money sometimes, even paying a premium--I have said this before. If you bought the 5980 last year at a crazy premium--say 15K over list--it would now be the same price as LIST plus tax... And you would now have the watch, at essentially, list pri...

Agree with Mostel

By: lac2s : June 7th, 2008-20:15

Sometimes, yes, of course, Mostel, but certainly not for the 5980

By: amanico : June 7th, 2008-20:53

As the premium is much more important for a 5980 than for a 5960, well, at least 4 or 6 months ago... As for the 5980, if you pay this premium, you'll need at least 4 or 5 years to reach the retail. Best. Nicolas

I was describing the prices of last year

By: Mostel : June 8th, 2008-09:47

I agree with Nicolas ....with a "clever" premium or I suggest bartering...

By: chronoman19 : June 9th, 2008-01:24

...

But in this case is 3 times the normal price, not serious, Thanks. [nt]

By: mini : June 8th, 2008-03:48

This is true for the current trend

By: Elbow : June 8th, 2008-04:29

where Patek has recently had an unprecidented number of price increases in quick succession, all of a significant size. But this would be less true in a more stable and regular market, where the dollar/euro rate was more 'normal' and gold prices were less...

Not true the current trend, Not true The waitlist, NOT SERIOUS NOTHING!!!.

By: mini : June 8th, 2008-05:22

When i was in Thailand is exactly tree times the normal price in Europe, its not true the current variations had a influence in this case, i advice to all another time the final price is MARKET PRICE, because the dealers knows all kind of situations, Rate...

My post above was in response to Mostel's post

By: Elbow : June 8th, 2008-05:49

Sorry... I don't agree...

By: happy_wis : June 8th, 2008-07:53

Let's look at the 5980's list price... According to my info: It was 38000 CHF in 2006 Oct Now its list price is 40300 CHF. Let's do a simple Math: 40300/38000=> 6% increase. In your example, it was not the grey dealer helping you.... it was the currency h...

I'm not 100% sure..

By: Elbow : June 8th, 2008-08:03

...so I could be barking up the wrong tree here, but hasn't the 5980 gone up by a lot more than 6% in the US over that same period?

Answering to Happy and Elbow, please read all, thanks.

By: mini : June 8th, 2008-08:34

The discussion is not about how many price increase in every year from 2006, but the watch is presented in Basel 2006, april, two years and half, more o less, the discussion is NO WATCHES IN OFFICIAL DEALERS IN EUROPE OR AMERICA, but YES WATCHES IN ASIA M...

5980 in US AD

By: lac2s : June 8th, 2008-12:16

Hi mini, I am not sure why you said there is no 5980 or other hard to find watch in US or EU. I personally don't know what is going on in EU, but as far as US, there have been plenty of shipment of 5712, 5980, 5960 to US. The ONLY reason you don't see the...

You can try...

By: mini : June 8th, 2008-12:48

I visit in the same day 3 dealers, Pendulum, Cortina, and The Hour Glass, they have all Nautilus collection, market price of course, in that moment the market price is 3 times more than Switzerland, if you go to Patek Shop in Geneva, probably you wait 3 y...

Sorry to be that direct but....

By: happy_wis : June 8th, 2008-19:29

I am sure that there are MANY people who did buy the 5980 from AD in Europe at list (or below). At least, the Boutiques will not charge any premium. It just happens that you are not one of those people and this makes you mad... In a free market, the shops...

I don't know how to count 3 years from Oct 2006. By the way, regarding your questions: 1. You receive their magazine means you are/was their customer. Nothing else... 2. Singapore and Bangkok may be special... however, for most cities in Asia, the authori...

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