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2 August 2017, 05:55 AM | #31 |
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A very interesting interview with Thierry Stern on Timezone. One interesting comment was this:
Thierry Stern: The 7-8 year cycle is not a rule, instead we try to get a sense of the market. And the evolution for the client is different. Now people like to buy watches all the time. Watches like the Nautilus are iconic watches, they like that. I am not sure whether, if I stop producing the Nautilus, people will like that. Sometimes I ask myself: Should I stop producing the Nautilus? Because if we made a lot of them, this will also be dangerous. Should we apply the rule of the 7 year cycle? No, we have to follow the trend of our time but also apply limits. The 7 year cycle is a good guide. We can always make something new. We can rethink the dial or the movement. We can't rethink the design. That's impossible - but we can do something similar. One day the Nautilus will be stopped, I will have to make that decision. It could be a disaster for our clients, but we would have made enough Nautilus and we will introduce something better. Prices for the Nautilus will be even more crazy when that day comes! |
2 August 2017, 06:11 AM | #32 |
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2 August 2017, 06:19 AM | #33 |
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Grey dealers here in Sweden have gotten those prices for 5711 for quite a while... I myself witnessed one being sold for that amount back in april.
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2 August 2017, 06:22 AM | #34 |
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2 August 2017, 06:41 AM | #35 | |
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Honestly, I don't even know why Stern is saying he would discontinue it. It's an iconic Genta design, the Nautilus is sometimes the only PP model certain people know. It's like AP discontinuing the Royal Oak and only selling Offshores. Does this not seem sort of silly to most others on here? I don't get it........ Would they discontinue the Aquanaut too since it has a similar case? The entire 'sport' line would get revamped? That just sounds disastrous.... |
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2 August 2017, 06:46 AM | #36 | |
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2 August 2017, 06:48 AM | #37 | |
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2 August 2017, 07:00 AM | #38 | |
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B/C he doesn't want to be known as a one watch company. Read his past interviews over the years. |
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2 August 2017, 07:13 AM | #39 | |
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What intrigues me the most is him stating that they may bring out something new. PP being more of a traditional company with timeless designs, I haven't a clue what they would bring to the table. |
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2 August 2017, 07:55 AM | #40 | |
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2 August 2017, 08:00 AM | #41 |
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2 August 2017, 08:03 AM | #42 |
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New line of Pilot watches in 39 and 42mm sizes, with the usual array of complications that look a mess because they'll still use the 324 variants instead of creating a case-size appropriate caliber.
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2 August 2017, 08:19 AM | #43 | ||
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Please no. I hate Pilot style watches, the Nautilus is far from it. That would be awful if Pilot style was PP's sole sport offering. |
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2 August 2017, 08:20 AM | #44 | |
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The Nautilus has been around for 40 years, so not sure why it should be discontinued in the future, as long as production continues to be controlled. |
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2 August 2017, 08:22 AM | #45 | |
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2 August 2017, 08:26 AM | #46 |
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2 August 2017, 08:28 AM | #47 |
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2 August 2017, 08:31 AM | #48 |
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insane!!
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2 August 2017, 08:52 AM | #49 |
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And their website is filled with the word "deployment." Makes one wonder.
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2 August 2017, 08:54 AM | #50 |
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When I started a thread asking if now is the right time to sell, I was seeing all these crazy high prices.
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2 August 2017, 09:14 AM | #51 |
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2 August 2017, 09:33 AM | #52 |
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Ok I'll hold you to that.
Thierry saying he will undoubtedly discontinue the nautilus is just further proof of his gross incompetence. Introduce a new generation of nautilus of course but discontinue it? That would be ludicrous.
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2 August 2017, 09:39 AM | #53 | |
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In my estimation, Thierry hasn’t said this as a casual off-the-cuff remark, but a low-key heads-up, and without something already in prototype form, being fine-tuned in readiness for serial production. To that end, I’d estimate the timeline for introduction being 2-3 years away, otherwise why even mention such a thing, and I don’t foresee the need for Patek to watch where the price of the Nautilus goes in light of this “announcement”, as an exercise to gauge where the replacement’s price could be set. Moreover, if he were to vacate his mortal coil before making his decision, is his successor duty bound or locked in to going forth with it or would he be free to decide if the Nautilus line continues or even increases in output to meet demand, with other 324-based lines being reduced pro-rata? It’s an odd remark to make, especially if the timeframe was 5 years away, at the earliest, since it’s not as if the Nautilus is struggling to sell and this is an attempt to boost sales of a flagging line. I also wonder if he thinks Gerald Genta has had his fair share of time in the limelight, or is fed up with the constant association with Audemars Piguet’s Royal Oak – the lack of Genta’s penmanship on the Aquanaut hasn’t been an issue for it. So, with the right design, Patek could possibly forge a new icon, which makes TS either a very astute individual, or an absolute idiot that slew the golden goose – I’m free to change my mind with hindsight but, at present, I’d be more inclined to favour the latter as opposed to the former. It’ll be very interesting to see what actually transpires. |
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2 August 2017, 09:48 AM | #54 | |
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2 August 2017, 09:53 AM | #55 | |
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The industry is flailing and the global economy is overdue for a recession. Cutting your most in demand watch among collectors both young and old is laughable. I would love for Patek to introduce new sports watches though...but alongside the nautilus not in place of it.
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2 August 2017, 10:51 AM | #56 |
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My prediction is that Patek will introduce a larger SS Nautilus and that will be the one everyone will be after. This will result in the 5711/1A prices falling below current list price. Pretty much every Patek watch is getting larger and the Nautilus will not be an exception. The current 5711/1A size is not that big by today's standard.
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2 August 2017, 10:54 AM | #57 |
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Smart seller, GB knows someone might jump for it. Its only money, think Saud.
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2 August 2017, 10:57 AM | #58 | |
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Cutting the "most in demand watch" and replacing it with one at double the price creates massive demand not just for the old one but also the new one. I wouldn't sell mine for 37.5, no intelligent collector would. A flipper? Sure.
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2 August 2017, 11:48 AM | #59 | |
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2 August 2017, 01:01 PM | #60 |
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Geez
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