50 Patek ADs cut!

[brockburst]

Originally Posted by Russell996

Presumably only once they have a confirmed delivery date that is imminent?

To even be on the list.

[brockburst]

Originally Posted by brockburst

To even be on the list.

It is possible for established clients that is not the case, however, that is not what was communicated to me.

[Russell996]

Originally Posted by brockburst

To even be on the list.

Have they kept their dealership?

[brockburst]

Originally Posted by Russell996

Have they kept their dealership?

Yep, Downtown Chicago's only AD. They have become quite difficult to make traction with when the Nautilus exploded.

[Passionata]

Originally Posted by daveo5

I don’t use an AD, I prefer pre-owned.


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Can t afford pre owned
need to buy new

[ispep]

Originally Posted by Passionata

Can t afford pre owned
need to buy new

The watch market is going bonkers.

[arnage]

Originally Posted by tng11

I don't see how it doesn't work? Many around here seem to deal with an AD that is not necessarily local to them...

not suggesting by any means that your money is any different from my money, or anyone else who might be more local to the AD. aside from FX impacts and AFC issues, the money should be all the same to the dealer.

All I'm saying is that it's between you and the dealer, and it presumably might be challenging to maintain an active and long-standing relationship with them if you're not around much, or in another country. (maybe you visit NJ a lot, who knows). Sincerely hope that you don't have issues getting your deposits back.

At the same time, I thought the whole rationale behind local dealers was to serve the local community and build relationships. Otherwise, what's the point? Patek may as well go direct, and cut not just their ADs but the boutiques too. Become like Amazon and drop-ship product from a warehouse?

whatever the case... I am relatively new to this area of NJ, and the Cliffside Park AD is now the closest one to me. 3 yrs back, I brought my 5712 there to get the bracelet resized and asked about a 5711 (before much of the craziness). They didn't bother taking a deposit; took down my name, but of course I never received a call. It's fine.. I don't blame them. (And thankfully, I now won't have to chase them for my $ back.) hope everything works out.

[DenaliHD]

The closest AD for me is around 250 miles away. The AD didn't take my info for any hot watches since they prefer dealing with local residents.

[tng11]

Because I was bored today, I searched and made a list of the 7 Patek AD locations in the United States that lost AD status (85 ADs listed in December to 78 currently):

D'Amore Jewelers - Cliffside Park, NJ
Hamilton Jewelers - Palm Beach, FL (Worth Avenue location, other 2 locations are still ADs)
Harold Freeman & Son - Bellair Bluffs, FL
Hesselbein's Jewelers - Carmel, CA
McCarver & Moser - Sarasota, FL
Razny Jewelers - Highland Park, IL (other 2 locations are still ADs)
Treiber & Straub - Brookfield, WI

[V25V]

Originally Posted by tng11

Because I was bored today, I searched and made a list of the 7 Patek AD locations in the United States that lost AD status (85 ADs listed in December to 78 currently):

D'Amore Jewelers - Cliffside Park, NJ
Hamilton Jewelers - Palm Beach, FL (Worth Avenue location, other 2 locations are still ADs)
Harold Freeman & Son - Bellair Bluffs, FL
Hesselbein's Jewelers - Carmel, CA
McCarver & Moser - Sarasota, FL
Razny Jewelers - Highland Park, IL (other 2 locations are still ADs)
Treiber & Straub - Brookfield, WI

I was at McCarver and Moser a couple of months back, not the friendliest bunch at either location.


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[AckAck]

Originally Posted by tng11

Because I was bored today, I searched and made a list of the 7 Patek AD locations in the United States that lost AD status (85 ADs listed in December to 78 currently):

D'Amore Jewelers - Cliffside Park, NJ
Hamilton Jewelers - Palm Beach, FL (Worth Avenue location, other 2 locations are still ADs)
Harold Freeman & Son - Bellair Bluffs, FL
Hesselbein's Jewelers - Carmel, CA
McCarver & Moser - Sarasota, FL
Razny Jewelers - Highland Park, IL (other 2 locations are still ADs)
Treiber & Straub - Brookfield, WI

Thank you for this. Surprised Hamilton on Worth Avenue. Huge ultra high end destination.

[ap1]

Originally Posted by tng11

Because I was bored today, I searched and made a list of the 7 Patek AD locations in the United States that lost AD status (85 ADs listed in December to 78 currently):

D'Amore Jewelers - Cliffside Park, NJ
Hamilton Jewelers - Palm Beach, FL (Worth Avenue location, other 2 locations are still ADs)
Harold Freeman & Son - Bellair Bluffs, FL
Hesselbein's Jewelers - Carmel, CA
McCarver & Moser - Sarasota, FL
Razny Jewelers - Highland Park, IL (other 2 locations are still ADs)
Treiber & Straub - Brookfield, WI

[Flex368]

So Tourneau is the only remaining AD on Worth Avenue now?

[AckAck]

Originally Posted by Flex368

So Tourneau is the only remaining AD on Worth Avenue now?

Betteridge as well.

[tyler1980]

Originally Posted by Flex368

So Tourneau is the only remaining AD on Worth Avenue now?

surely a sign we are in the end of days... Tourneau is the last one standing.

oh boy

[JR16]

Originally Posted by tng11

Because I was bored today, I searched and made a list of the 7 Patek AD locations in the United States that lost AD status (85 ADs listed in December to 78 currently):

D'Amore Jewelers - Cliffside Park, NJ
Hamilton Jewelers - Palm Beach, FL (Worth Avenue location, other 2 locations are still ADs)
Harold Freeman & Son - Bellair Bluffs, FL
Hesselbein's Jewelers - Carmel, CA
McCarver & Moser - Sarasota, FL
Razny Jewelers - Highland Park, IL (other 2 locations are still ADs)
Treiber & Straub - Brookfield, WI

Interesting ! For the two ADs that consolidated from 3 to 2 stores, makes sense. Hamilton has locations in palm beach and palm beach gardens so prob didn’t make sense to create new Patek spaces at both of these stores which are not that far from each other.


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[sechsgang]

Yeah that's not good lol.

[GSDLover]

Harold Freeman was where I bought my Patek. That sucks.

[Calatrava r]

Hasselbien's website says they still sell PP.

[tng11]

Originally Posted by Calatrava r

Hasselbien's website says they still sell PP.

A few of those on the list still haven't updated their site.

Anyone gone dumpster diving at them?

[Flex368]

Originally Posted by AckAck

Betteridge as well.

They´re not listed on the PP website.

Well, there´s still Hamilton´s at the Gardens Mall, very nice and helpful guys.

[Ahfe]

Tiffany Houston and Atlanta are still on the list, so guess they are not getting removed as someone mentioned?

[tchaic]

Harold Freeman has been great to me. Hoping this isn’t the case. :-(

[Vaxe]

Only Calatrava and ladies models left, think I also saw a 5396, 5305, but they weren’t really willing to talk on price. Would’ve liked to pick up something for the significant other, will try again in a few weeks.

Originally Posted by tng11

A few of those on the list still haven't updated their site.

Anyone gone dumpster diving at them?

[RollieKid]

My AD also got cut :(

Almost picked up a 5146g from them last year.

Only the HourGlass and JFarren Price left with AD status here in Sydney...

[RollieKid]

Curious, does anyone know what happens to the inventory at those ADs that get closed?

Does Patek just take them back and redistribute to other existing ADs?

[Pangit]

Originally Posted by Sam Philip

Correct, they are not appearing on the UK AD list any more The other casualty seems to be WOS Cardiff.

The Cardiff WOS lost Patek back in November after they did a store refurb. I was told at the time that this was a WOS decision not Patek. I was on a list for a 5712 but now I am just on a centralised “register of interest”. Not holding my breath.

[BillA]

Originally Posted by RollieKid

Curious, does anyone know what happens to the inventory at those ADs that get closed?

Does Patek just take them back and redistribute to other existing ADs?

Some other poster suggested they must be returned because the AD is longer a Patek AD and can’t sign the warranty paperwork

[tng11]

Originally Posted by BillA

Some other poster suggested they must be returned because the AD is longer a Patek AD and can’t sign the warranty paperwork

The one AD I dealt with that lost their status just sold off their remaining inventory.

[tyler1980]

Originally Posted by tng11

The one AD I dealt with that lost their status just sold off their remaining inventory.

yeah, i think the point being that they probably sold it before they were no longer an AD at whatever discount necessary. Otherwise wouldn't they be selling a watch w/o papers or a valid warranty?

I think there is a lot of last minute "sales" to avoid this. As at least you can sell it on preowned w/ a valid warranty provided the AD sold it before they were no longer an AD.