Patek Philippe

masterspiece
2031

• Show profile
• Show other posts

Yes, John,

I also agree that your AD's practice is not what I would call, ethical. That is why I stated that many Purists have experienced that same treatment.

For me, I've been lucky that my AD has such integrity that I really don't have to worry about paying a premium at all He will even guide me as to what the maximum I should pay for a timepiece i desire. Of course, I don't ask for a discount either and i do pay retail.

Unfortunately, it appears that many Purissts' ADs have not taken this approach. it seems that the ADs sees their clients as dollar signs. And I'm not so sure that Patek will do much about it or even if they CAN do anything about it. It's not like these types of practices have been done in a closet or is a new problem. There have been many Purists bringing this complaint forward and I hope that Patek WILL do something about it. Of course, there's still the gray market as well, and it doesn't seem that any action is, or can be, taken by Patek toward them either.

i don't think I would agree with you that there is "nothing wrong" with selling at a premium. If the retail price is set by PP, then their Authorized Boutiques/Dealers should honor that. I think it is wrong, but that is just my opinion. I think it is totally wrong to try to get you, or anyone for that matter, to buy a desired piece contingent upon buying another piece. I wouldn't be a happy camper either if that happened to me. Especially if it is not a special edition. But, again, if that is someone's dream watch and that is the only way they can acquire it, then it will come down again to how bad do they want it? Even though you may have previously bought your watch at a higher price, does it still give you satisfaction? I would guess that the answer is probably yes.

Until PP actively pursues in changing the way the ADs operate, I'm afraid that we will continue to see the ADs trying to pressure potential clients in unethical ways. It would be great if everyone stopped paying premiums so that there would be a surplus of stock that would drive the price back to retail or even lower. it's great that this practice does not deter you from your love of PP. The timepieces are still top notch and, IMHO, the best watches to own.

Thanks,

Bob