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13 October 2017, 12:34 AM | #121 | |
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13 October 2017, 12:54 AM | #122 |
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If they valued someone more they would have told him it wasn’t available. Instead they tried to make a quick buck. The only thing they seem to value here is adding to the bottom line.
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13 October 2017, 12:59 AM | #123 |
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@Justin and yes you perfectly within your rights to support a contrary view. In fact it's always difficult as I know tgat PP will not comment in public forums and sometimes the AD is not able to respond. The point I made and remains is called extortion!!! You can't turn around at the last moment and renege on a verbal contract by trying g to sell some crappy Jewellery. The fact they mention chrono implies that they are trying to align their retail price to what they could get on the grey market!!! Now that's a thought???? I wonder how many they sold to greys!!
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13 October 2017, 01:13 AM | #124 | |
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Im curious as an official PP AD, how can they sell "pre-owned" PP's double sealed? I would assume their AD status would preclude them from doing this "used" or not. They seem to sell a lot of new watches that are "used".
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13 October 2017, 01:13 AM | #125 |
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Another thing I don't get with Govberg is they sell preowned LNIB Patek on their website and the watch is shown sealed and in a brown transport box in some cases. Also, a 5524G for $59000+ LNIB with the new style certificate. Do they open it, put a made up name on the certificate and jack the price from 47,600 which is retail? I would suspect that's the case. I too was a Govberg customer, a good enough one to be invited on a trip to AP three years ago. So I don't want to criticize but........... you get the idea.
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13 October 2017, 01:21 AM | #126 |
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Hmm one would think some are going out the back door, around the block and back in the front door if that’s the case
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13 October 2017, 01:31 AM | #127 |
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Didn't they also proudly giver another TRFer his 5131 recognizing his patronage of many years and then someone pointed out that particular dial had been discontinued!! They obviously went "oh crap it's lying in the safe we better shift it"
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13 October 2017, 01:44 AM | #128 |
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Love to see the thread on this one
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13 October 2017, 02:01 AM | #129 |
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This thread has brought up some interesting topics like,
1) What does it mean to have a good relationship with your AD? 2) How much do you trust the AD's words? 3) How can one get a LE piece if you have only purchased pre-owned Pateks from the secondary market? 4) If you are young and new to Patek, how do you get one of these watches in demand? The first question is the most complicated one because AD's vary widely from huge ADs to small local jewelers. If your AD is located in one of the 10 largest cities in the country and/or has more than 2-3 branch locations, more than likely they will have some big customers and most of us here on this forum are small fish. As for the second question, I think it is with any business relationship. You have a gut feeling as to if you can trust someone and what he/she says. Unfortunately times change and people change too. Their livelihood (and take home pay) may be more important than the relationship they have built over the years. The third question is the hardest to grapple with for those who buy and sell a lot of watches. We can infer from the SS Daytona thread that it is hard to develop a relationship with an AD and get allocation of hard to find pieces if you have not purchased anything from them. The new customer that TS speaks about are really those who have explored other Swiss watch brands and are starting to realize what is special with Patek. They are the future customer base that Patek is trying to attract and not those who are new to the world of Swiss watches. They will be introduced to Patek by a friend, a business colleague or a family member and will appreciate the brand and want to get a special piece like the 5522A. I do not feel Patek will alienate this group of people as long as they sense a true interest in the brand and not someone looking to make a quick buck on flip. |
13 October 2017, 02:03 AM | #130 | ||
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With respect to George at Govberg he was kind enough to return my email and give me the honest truth that they were all spoken for. I had only bought one Patek from him so I was expecting that answer and cool with it.
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13 October 2017, 02:15 AM | #131 |
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13 October 2017, 02:18 AM | #132 | |
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What’s his email? I’d be happy to share my thoughts with him re the extortion they tried to pull. |
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13 October 2017, 02:24 AM | #133 |
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Most ADs I see with nice watch lines do not make a market in used watches. They always tell me the manufactures frown on it. I think it is because they may tend to move the used inventory over the new. Plus selling used watches demeans the whole buying experience of a new watch meant to be kept for generations. In good condition, a used watch with everything can probably fetch almost as much as a new watch in an ADs case side by side with a new one. Who knows what the mark up can be on a used watch. I think its big. To me there is a myriad of issues that could arise where the dealer is also a major reseller of used watches. I would think PP would not want it either. ADs may take a trade-in, but it has always been a deal set up to a third party buyer, in my cases.
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13 October 2017, 02:40 AM | #134 | |
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I am amazed at their attempted extortion, can't believe PP would do anything other than throw the book at them for this behaviour. |
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13 October 2017, 02:44 AM | #135 |
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13 October 2017, 02:48 AM | #136 | |
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13 October 2017, 02:49 AM | #137 | |
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13 October 2017, 02:51 AM | #138 |
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Does anyone from Govberg belong to this forum? Maybe they'd like to comment
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13 October 2017, 02:55 AM | #139 |
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13 October 2017, 03:26 AM | #140 |
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I wonder what the possibility would be of getting the 5522 and buying the extra jewelry and then returning the jewelry the next day for a refund.
return policy: "We stand behind everything we sell. Upon presentation of a sales receipt, we will gladly exchange, return or adjust the purchase price within 7-days from the date of purchase, provided the item has not been worn and is in it’s original package. All sales are final after 7-days."
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13 October 2017, 03:29 AM | #141 |
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13 October 2017, 03:30 AM | #142 |
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The idea that the 5522 was to bring in new vitality and younger buyers into the fold seems to be backfiring, just seems to have made everything more divisive and cynical. I'm sure we'll see lots of jacked up 5522s flooding Chrono24 right up there next to the sea of D500s.
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13 October 2017, 03:39 AM | #143 | |
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TS may have one vision - but the way ADs behave and reserve these pieces only for VIPs make me think otherwise. |
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13 October 2017, 03:45 AM | #144 | |
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13 October 2017, 03:45 AM | #145 |
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As a newcomer to PP it makes absolutely no sense to me if Stern is saying one of the purpose's of the 5522 is to attract new / young people to the brand i.e. people with no Patek relationship when its a limited edition.
Its like Rolex saying the 116500 was produced for newcomers. As a newcomer it was a battle and over a year wait to get a Nautilus and I only managed that thanks to former member Brian from Taipei - I was very lucky |
13 October 2017, 03:52 AM | #146 | |
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In any case the younger generation (of which i belong, sort of) is less patient and less brand loyal than the older generations generally. I think poorly executed attempts at creating new customers in an age demographic younger than the current average PP age demo needs to be done vary carefully as its bound to backfire if not done well. No one (here anyway) actually thought these watches were actually going to go to brand new PP buyers except maybe the brand new PP buyers who tried and failed.
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13 October 2017, 03:58 AM | #147 | |
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13 October 2017, 04:00 AM | #148 |
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I don't even think they need to make more watches, just don't target new buyers with a LE. As much as i like the 5522 if it was not a LE and regular production there would not be nearly as much hype around it. Might have to wait, but you would get it.
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13 October 2017, 04:06 AM | #149 | |
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At the speed Patek works, they probably have no idea. |
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13 October 2017, 04:08 AM | #150 | |
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Yes, this is the entire point of this thread. Well said! Sent from my iPhone using Tapatalk
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