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17 September 2020, 07:36 AM | #61 | |
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17 September 2020, 07:44 AM | #62 | |
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I'm sure every salesperson would love to sell Nauts immediately if they could. I mean, at this point, ADs are still losing a lot of business because they keep having to turn people away. Sadly, Patek doesn't want that. So, they can't. Truth is, if you want a 5990 brand new, at retail, you have to pay to play. Either you pay grey, or you pay by building up other pieces in your collection from that AD. Otherwise, there's really nothing stopping you from flipping the 5990 other than integrity and trust. |
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17 September 2020, 03:31 PM | #63 |
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I've given it some thought and I think I'll start talking to AD more directly about what is the path to 5990. First conversation was OK, but I'll continue having a serious discussion on this.
I really do want to get one from Patek AD vs. grey. Only reason I'd consider grey is if the price was under MSRP, which we all know is absolutely not the case with Nautilus; and I don't think it ever will. I actually feel like the Nautilus is going to be one of those watches that will be still be highly desired for many years to come. I will eventually add a 5990 and 5711 to my collection. It will take time and I'm OK with that. |
17 September 2020, 03:55 PM | #64 | |
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it seems like they already told you what the path is and your reaction was to post on this forum telling everyone how annoyed you were about it |
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17 September 2020, 04:11 PM | #65 | ||
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The path are what you'd posted already and you are annoyed about it Quote:
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17 September 2020, 04:14 PM | #66 |
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What I meant is that I will have another sit down with the AD to discuss what I need to buy to get the 5990. Basically put together a plan that is a more concrete path to 5990 vs. suggestions (which is basically what the AD was doing). There are some other things I want to buy for myself and wifey, so will discuss if those will help towards a 5990.
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17 September 2020, 05:26 PM | #67 | |
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18 September 2020, 01:54 AM | #68 |
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Unfortunately they already hinted to you to spend big money with them before any consideration for the 5990. I don't think meeting in person will make any difference they already said show me the money and spend it on other Pateks.
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18 September 2020, 05:49 AM | #69 | |
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Trojan, lifestyles, durex for starters.
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18 September 2020, 06:32 AM | #70 |
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__________________ “Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming 'Wow! What a Ride!'” -- Hunter S. Thompson Sent from my Etch A Sketch using String Theory. |
19 September 2020, 02:34 AM | #71 | |
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Good luck and hopefully I'm wrong 🤷*♂️ |
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19 September 2020, 02:29 PM | #72 | |
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19 September 2020, 04:29 PM | #73 | |
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20 September 2020, 06:59 AM | #74 | |
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And @dauster, I wish you absolute best luck in your deal! Hope it closes really successfully so you can spoil yourself with something super cool. |
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20 September 2020, 07:22 AM | #75 | |
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22 September 2020, 02:07 AM | #76 |
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Unfortunately you are in a terrible position with this AD, especially since you are having to ASK them for the watch you want and for them to carve you a path to getting one.
It's like a sheep asking a wolf where it should hide. These situations seem to stem from oneitis. You don't want other watches except this one. That's a problem in these situations because of what you are competing with for limited AD resources. Other watch collectors who are completely into Patek and have the means to fully immerse in the brand, usually don't have these issues as they meet the purchase requirements organically by simply pursuing their passion. The AD will offer them the "hawt" pieces when they have one and that is an effortless path. So, in the case of the OP, not only is he competing against passionate Patek collectors who have organically blazed their path (which can lead to very high spends to compare against)...now the dealer KNOWS what you are about and will likely stick it to you for you to get what you REALLY want. They set the bar now. No bueno. Based on your oneitis, the current Patek market, your desire only for an AD sourced watch and future economic concerns, I would pass on this endeavour. Perhaps the market will completely tank and the dealer will end up calling you with an extra 5990 that lost its way. Not likely, but who knows. |
22 September 2020, 02:29 AM | #77 |
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The SA already gave you a hint by saying she has clients who spent 200K. My guess is they won’t give you specifics like buy these 2 pieces first then you’ll get the 5990 in x amount of time. If you are serious then I would play the bundling game. Buying the required pieces and 5990 all at once.
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22 September 2020, 03:27 AM | #78 |
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22 September 2020, 05:21 AM | #79 |
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To many hoops to jump through. Go gray market and buy what you want.
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22 September 2020, 08:40 AM | #80 | |
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22 September 2020, 11:39 PM | #81 |
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ADs are not all the same. Some have snobby types who treat you like a tricksy impoverished flipper. Laugh at them when they suggest, totally absurdly, that you buy a watch you don’t want.
For sure flippers are annoying but very useful to PP as they boost the seeming second hand prices which are achievable making PPs seem worth more as an investment. Watches are not an investment, in the main, more an affliction. You need to be half daft to spend that much on a watch. (Don’t ask me how I know.) It is as if PP are encouraging flippers to raise enough money so that they can buy an even more expensive model. ADs need to be honest and state that certain models are manufactured in such small quantities they are effectively unobtainable. The whole waiting/wish list thing is a demand scam. You can’t have it so you want it more. How many ADs stick to first come first served? Very Few I suspect. PP Rule of thumb - if there’s a PP in the window it doesn’t sell. If its not in the window you can’t have it. That said, you can get lucky!!! ADs get their two allocations twice a year, I have been told, and they don’t know in advance what they’ll be given. Try in Jan/Feb and Sep/Oct perhaps? Covid has reduced production by half and now they are Social distancing in the factory so supply will be further constrained. |
6 October 2020, 12:18 AM | #82 |
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Hi everyone, I just signed up I wanted to tell you and ask you for advice on my experience with my AD in Switzerland.
3 years ago through a family contact I managed to get a 5711-1A in 9 months and a few months later I bought a calatrava 5227r- 001 which was immediately available. 2 years ago I asked the same AD for a 5980 1R and after numerous contacts where AD told the same things that they have not seen this model for 4 years that patek does not favor sport models... honestly it seems very strange to me because when I bought the first nautilus the AD did not even know me while today after 2 purchases and several years of knowledge and friendships in common I seem to find myself facing an impossible mission. what do you think? sorry if my english is not perfect |
6 October 2020, 02:49 AM | #83 |
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It’s true about steel ... https://www.hodinkee.com/articles/th...tches-nautilus.
Personally I find the Nautilus ugly and do not understand why it is in such demand. I favour Rolex or IWC for my rough and tumble watches. I think Patek is about the complications. It may be that due to the virus lockdown and now the limited and spaced-out working practices that PP are suffering means that they are concentrating on the precious metal output. The demand for the 5212A (over rated when seen in the metal IMO )must be eating into their steel production capacity allowance. So on balance I don’t think you are being treated badly, it’s PPs supply limited and price maintaining output which is likely to be the cause. Some AD’s are frustrated that they cannot get you what you want and are rude, dreadful and to be avoided! |
6 October 2020, 06:23 AM | #84 | |
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If not and it was just a general appointment, I think you are quite naive to think they are going to just randomly sell you a 5990 which is selling grey for at least double retail. No store is about to basically hand you £40k ($55k usd). That’s more extreme than thinking you can make an appointment in a Rolex boutique and just buy a panda daytona with no purchase history... not gonna happen in a million years They sounded very polite to me and probably tried to avoid any embarrassment in front of someone so wet behind the ears. |
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6 October 2020, 05:12 PM | #85 |
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Just perhaps one remark as food for thought - you said that one reason why you're tentative to buy other models is that they retain value worse than the SS models.
If you could easily buy a 5990, then everybody could - and that would mean that it would lose 40% of its value when leaving the store. Or would you buy a used watch at retail from a third party when you could buy it without waiting lists from the store? |
6 October 2020, 07:28 PM | #86 | |
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6 October 2020, 09:28 PM | #87 |
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Would probably need $500k expenditure before being remotely considered for a 5980 1R
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